Google Plus Facebook LinkedIn Twitter Vimeo RSS

Look inside a medical marijuana growing facilityGreen Leaf Medical LLC is growing several thousand plants near Frederick, Maryland

By ,
Philip Goldberg, pictured here in late September, is chief executive of Green Leaf Medical LLC, one of the first companies to grow medical marijuana in Maryland. The 3,000 plants inside Green Leaf's growing facility are the seeds of a business that could employ 20 people, help untold numbers of patients and bring in net revenue of $29 million per year, Goldberg says.
Philip Goldberg, pictured here in late September, is chief executive of Green Leaf Medical LLC, one of the first companies to grow medical marijuana in Maryland. The 3,000 plants inside Green Leaf's growing facility are the seeds of a business that could employ 20 people, help untold numbers of patients and bring in net revenue of $29 million per year, Goldberg says. - (Photo / )
loading
Philip Goldberg, pictured here in late September, is chief executive of Green Leaf Medical LLC, one of the first companies to grow medical marijuana in Maryland. The 3,000 plants inside Green Leaf's growing facility are the seeds of a business that could employ 20 people, help untold numbers of patients and bring in net revenue of $29 million per year, Goldberg says. - (Photo / Amy Spangler) Eric Berman, business development official at Green Leaf Medical in Frederick County, Md., checks on marijuana plants labeled with names like 'Acapulco Gold,' 'Pain Killer,' and 'Blue Cheese' in the veg propagation room. About 2,500 plants were growing in the room in late September, with another 500 older plants growing in another room nearby. The facility has space for about 10,000 plants. - (Photo / Amy Spangler) The plants at Green Leaf Medical receive a mixture of water and nutrients while they grow in cubes made of spun molten rock fibers. The blocks are less likely than regular soil to harbor insects and other pests, Goldberg says. - (Photo / Amy Spangler) Green Leaf plans to sell its products wholesale to Maryland processors and dispensaries at a rate of about $3,500 per pound. The company is currently valued at about $48.5 million and has about 20 employees who make between $30,000 and $65,000 per year. - (Photo / Amy Spangler) Goldberg hopes to eventually add processing and dispensary capabilities to his operations, either by winning a license from the state or buying an existing company. His long-term goal is to position Green Leaf for acquisition by a pharmaceutical company, as well as to start operations in states like Ohio and Pennsylvania. - (Photo / Amy Spangler) Green Leaf was one of 177 businesses that applied for a growing and processing license in Pennsylvania after the state legalized medical marijuana in April 2016. Goldberg bought a 275,000-square-foot factory in Bedford County for his planned Pennsylvania location, but was not among the 12 companies to ultimately receive a license. Green Leaf has appealed the decision with hopes of winning one of the remaining 13 licenses. - (Photo / Amy Spangler) Older plants grow on long tables in a room drenched in yellow light at Green Leaf Medical's Maryland growing facility. - (Photo / Jennifer Wentz) Goldberg believes widening access to medical cannabis would greatly benefit the people who need it most: children with seizure disorders, people with chronic pain, patients who might otherwise turn to potentially deadly opioids for relief. He also believes his business model is a good one. Other industries, he figures, have thrived with much less upfront demand. - (Photo / Jennifer Wentz) Empty tables stand ready to nurture thousands more plants as Green Leaf Medical gets ready to kick its Maryland operation into high gear. With the state having significantly more approved retailers and processors than it does growers, the company has a more or less built-in customer base and very little competition. - (Photo / Jennifer Wentz)

 

Green Leaf Medical LLC is one of the first companies to grow medical marijuana in Maryland. The Central Penn Business Journal toured the facility in early October, when the business was nurturing 3,000 plants bound for the state's processors and dispensaries.

Click through the slideshow above to see inside the facility, or click here to read more about Green Leaf's connections to Pennsylvania's burgeoning medical marijuana industry.

Also Popular on CPBJ

Jennifer Wentz

Jennifer Wentz

Jennifer Wentz covers Lancaster County, York County, financial services, taxation and legal services. Have a tip or question for her? Email her at jwentz@cpbj.com. Follow her on Twitter, @jenni_wentz.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close