US: “We continue to see cannabis as a strong market"
The sound of Cary Richardson breaking into a smile can be heard over the phone.
“We continue to see cannabis as a strong market,” says Richardson, vice president of business operations at Carson City-based Miles Construction. After all, Nevada saw more than $100 million in marijuana tax revenue over the 2019 fiscal year, which set a state record, according to the Nevada Dispensary Association. “We continue to build in cannabis. We’ve still very much engaged.”
Richardson isn’t kidding. With roughly 12 cannabis and hemp projects planted in Nevada and California that are either being designed, under construction or completed, Miles Construction has become one of “the go-to contractors” for the cannabis industry on the West Coast, Richardson said.
The company got a foothold in the budding industry in 2014 when it was asked to build a $15 million cannabis factory east of Reno for MedMen, a Los Angeles-based cannabis company. As the story goes, after its initial contractor dropped out, MedMen turned to Richardson and Miles Construction to reignite the project. Outside of working in construction, Richardson holds a Nevada license for marijuana cultivation and production with MedMen.
“Given our advanced manufacturing background, it made sense, so we stepped in partway through,” Richardson told.
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