Cannabis

IRRRB OKs $10 million loan for cannabis start-up | News

EVELETHโ€”The Iron Range Resources and Rehabilitation Board approved a $10 million loan Tuesday to a company planning to create a cannabis cultivation and manufacturing facility in the former Ainsworth building in Grand Rapids.

The loan passed on a 5-3 vote, with board members Rep. Ben Davis (District 6A), Sen. Justin Eichorn (District 6) and Sen. Rob Farnsworth (District 7) voting no.

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