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July 23, 2020

Clinton site eyed for cannabis cultivation sells for $10M

Photo | Google An industrial site at 179 Brook St. in Clinton, which has been proposed for a cannabis cultivation center, has sold for $10 million.

A sprawling industrial site on Brook Street in Clinton proposed as a cannabis cultivation and manufacturing facility has sold for $10 million.

A firm called Liberty Compassion has a provisional license from the Massachusetts Cannabis Control Commission to open a growing facility at the site, at 179 Brook St. The firm, which operates a retail shop under the name Affinity in West Springfield and has another proposed in Boston's South End, reached an agreement with the town on a host community agreement, a form of local approval, last October.

The buyer is a limited liability corporation created in February and registered to Joseph Healey of New York City. The seller is a limited liability corporation registered to Richard Baccari of Providence and Stephen Harrington of Plymouth Meeting, Pa. The sale closed June 26.

A Richard Baccari is also listed as a board member at Liberty Compassion. The company's Clinton operations are proposed to include cannabis flower, baked goods, lozenges, mints, beverages and other cannabis-based goods. Operating hours are proposed to run from 7 a.m. to 10 p.m. each day, according to CCC documents.

Liberty Compassion couldn't be reached for comment on the sale.

The property, with a 65,000-square-foot manufacturing building just northwest of the center of town, last sold in 2017 for $850,000. It was last assessed by the Town of Clinton at $7 million.

The 3.3-acre site is one of two former industrial sites just west of downtown that have potential for new use. Another a block away on Sterling Street, the town bought a vacant 8.4-acre property in 2011 with hopes for new development. Town Meeting has given town officials approval to seek requests for proposals for the site.

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