Chris Webber leads the way for $ 50 million Detroit cannabis facility
Chris Webber, a member of the University of Michigan Fab Five, former Detroit Piston, NBA Hall of Fame member and co-founder of the Wild Impact Fund, today launched Players Only Holding, a new training center and $ 50 million cannabis operation in Detroit’s Corktown neighborhood.
Players Only is a black-owned company co-founded by Webber with entrepreneur Lavetta Willis, and focuses on four strategic business areas: real estate development, cannabis cultivation, brand partnerships and development and marketing. creative content management.
The 180,000-square-foot state-of-the-art gamer facility will include a 60,000-square-foot grow-op, an 8,000-square-foot dispensary and a private cannabis consumption lounge. During the grand opening, Webber also announced Cookies U in Detroit and an exclusive distribution partnership with Michigan’s leading operator, Gage Growth Corp., for Players Only branded cannabis products.
“It will be Michigan’s shining jewel. Everything great about Michigan starts in Detroit, and I’m excited to partner with Gage to bring our premium line of Players Only products to this community, ”said Webber. “Gage is the HOF for cannabis operations. With Fabian Monaco as a teammate, this relationship is winning at all levels.
The Webber Wellness Compound will be located at 2599 22sd St., near Michigan Avenue and Fisher Service Drive in the Detroit Corktown and Southwest Detroit neighborhoods. It will encompass 9 acres, including properties along Michigan Avenue. Construction is expected to take place this fall, with the completion of the first phase scheduled for March 2022.
“Chris shares our vision of creating an inclusive and world-class cannabis business community in Michigan,” said Fabian Monaco, CEO of Gage Growth Corp. “We are proud to work hand in hand with the Players Only team to not only facilitate engaging consumer experiences, but also provide future entrepreneurs of color with the tools to build generational wealth.
The Cookies U training program is a hands-on educational experience that recruits students from minority and under-represented communities. The “free” educational program targets vocational training and placement in the cannabis industry. A recent partnership also provides access to a virtual GED program with a financial literacy component. The Cookies U concept was announced in May as a partnership between Cookies and The WebberWildWillis Foundation.
“Not only is Michigan one of the most important markets for the cannabis industry, Detroit is the first city in which we opened a flagship store, outside of California. I must salute Chris Webber, Jason Wild and Lavetta Willis for supporting our vision to build Cookies U in Humboldt, Calif. And expand the program to Detroit, which happens to be Chris’ hometown, ”said Berner, co- founder and CEO of Cookies. .
“Michigan has always been an advanced and educated market and we couldn’t be more excited to offer the under-represented people the opportunity to learn the industry from seed to sale.