Ryan Coulter and Travis Neumann talk to city
Doug KeelerMidway Driller [email protected]@midwaydriller
The Taft City Council is almost certain to pass ordinances banning retails sales of cannabis products in the city.
But there has been no definitive indications on which way the council is going to decide on industrial cannabis production
One pair of local entrepreneurs is looking at Taft as a possible location to build a plant that would grow marijuana plants and extract the concentrated oil for wholesale.
Ryan Coulter and Travis Neumann publicly announced their idea Tuesday.
Coulter stood up and spoke to about 25 people at a city-sponsored forum to discuss legalized marijuana and what steps the city should take to regulate it.
Coulter and Neumann are planning to build a 10,000 square foot marijuana cultivation and processing facility to sell concentrated oil on a wholesale basis
Coulter says he is not a marijuana user, nor an advocate.
“But I am a capitalist,” he said.
Neumann was at the meeting with Coulter but Coulter did all the talking.
He said they have already engaged “one of the top consultants” in the cannabis industry to advise them and help with a business plan.
“We have done everything in our power to make this thing work,” he said.
He said a growing and manufacturing facility like the one he and Neumann are proposing could give the city more revenues.
City staff and the City Council are currently discussing ordinances to regulate or probably ban retail sales in the city, and to regulate and establish fees for permitting growing and manufacturing plants.
Coulter pointed out that the city is going to have higher costs for police and city staff with the new marijuana laws, and fees from a plant like the one being proposed.
“To make up for what