ADRIAN A marijuana company wants to turn land on West Beecher Road into its own business park.
The Adrian City Commission approved the sale of another 54 acres to Objectiv Growth Monday. The sale, worth $500,000, is the second land deal the two entities have struck. The city agreed to sell 102 acres of its Marvin Farm property to the company last November for $1.3 million. The land is across from Fluresh on the north side of Beecher.
What originally started out as an offer of $500,000 for 20 acres has turned into a $1.8 million deal for the city, which has owned the property since 2003. The city will net a profit, too, as it purchased the land for about $1.25 million, according to city administrator Greg Elliott.