PRINCETON — The Passamaquoddy Tribe has signed a letter of intent with a medical marijuana management and consulting company to build a cultivation facility in northeastern Maine.
The Portland Press Herald reports Monarch America Inc. announced last week it plans to design and manage a cutting edge marijuana cultivation facility in an existing 35,000-square-foot building in Princeton.
Chief Billy Nicholas confirmed Tuesday that the tribe signed the letter of intent. He says they hope to use the facility to make industrial hemp though, not medical marijuana. He says they will consider expanding operations as the laws surrounding marijuana change.
Maine has legalized medical marijuana and industrial hemp production, but the federal government still outlaws both.
Nicholas hopes the tribal government will reach an agreement with Monarch within the next month.
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