Cannabis business interested in Canajoharie sitePosted by On


CANAJOHARIE — Part of the Exit 29 site may grow into an adult-use cannabis cultivation and manufacturing facility.

During the meeting Tuesday of the Montgomery County Legislature’s Economic Development and Planning Committee, officials advanced a funded exclusive development option agreement with E29 Labs for 19.6 acres — the cleared eastern portion — of the Exit 29 site. The legislature is expected to vote on the agreement at its next meeting.

The agreement made Tuesday will convert to a purchase-and-sale agreement pending the completion of a 12-month due diligence period by E29 Labs.

The three-phase project is expected to take between 7-10 years to complete. with part-owner and E29 Labs Vice President Michael Dundas noting  with the state’s cannabis legalization legislation being brand new, delays in the regulatory process are expected.

The E29 Labs team consists of Dundas, President Sheldon Roberts, and Chief Executive Officer Shelley Roberts.

Dundas, an entrepreneur and attorney in the legal cannabis sector, said he founded Sira Naturals in 2013, growing it into one of the largest vertically integrated cannabis organizations in Massachusetts.

Dundas said at the tail end of his time with Sira Naturals, which was sold in 2019, he met the Roberts siblings at a convention in Las Vegas.

Sheldon and Shelley — a property management specialist and an entrepreneur, respectively —  first laid eyes on the Exit 29 site, which is the former Beech-Nut…

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CANAJOHARIE — Part of the Exit 29 site may grow into an adult-use cannabis cultivation and manufacturing facility.

During the meeting Tuesday of the Montgomery County Legislature’s Economic Development and Planning Committee, officials advanced a funded exclusive development option agreement with E29 Labs for 19.6 acres — the cleared eastern portion — of the Exit 29 site. The legislature is expected to vote on the agreement at its next meeting.

The agreement made Tuesday will convert to a purchase-and-sale agreement pending the completion of a 12-month due diligence period by E29 Labs.

The three-phase project is expected to take between 7-10 years to complete. with part-owner and E29 Labs Vice President Michael Dundas noting  with the state’s cannabis legalization legislation being brand new, delays in the regulatory process are expected.

The E29 Labs team consists of Dundas, President Sheldon Roberts, and Chief Executive Officer Shelley Roberts.

Dundas, an entrepreneur and attorney in the legal cannabis sector, said he founded Sira Naturals in 2013, growing it into one of the largest vertically integrated cannabis organizations in Massachusetts.

Dundas said at the tail end of his time with Sira Naturals, which was sold in 2019, he met the Roberts siblings at a convention in Las Vegas.

Sheldon and Shelley — a property management specialist and an entrepreneur, respectively —  first laid eyes on the Exit 29 site, which is the former Beech-Nut…



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