The retired NBA star has his sights on something big. Webber, his partner Lavetta Willis, and cannabis investor Jason Wild hit pay dirt. Webber actually smashed the first sledgehammer on Tuesday. The $50 million investment into an old factory is monumental. Especially, since the Detriot native prepares to provide job opportunities to residents.
Webber Is A Detriot Native On A Mission
The cutting-edge cannabis conservatory is just the start of Webber’s plans. Webber plans to transform the nine-acre industrial site into a Wellness Conservatory, as reported by Forbes. Webber is planning on naming the conservatory “Webber Wellness Conservatory. Webber mentioned how he loves his city. And, he wants Detriot to be an example of diversity for others to see. In addition, the Wellness Conservatory will feature a 60,000 square foot cultivation facility. Also, the facility is run by a Michigan – based cannabis company. It will also include a job training program.
Webber plans to have the facility open by March Madness. Overall, the project when it is fully completed will cost around $175 million. Webber will offer a free GED program at the Wellness Conservatory. The GED program will be in partnership with Medgar Evers College. Consequently, the new Ford Company facility is nearby Webber’s new cannabis site. Now, is the opportune time to get involved in the Billion dollar cannabis business. Webber shared this about his decision to build in his hometown,
“I want to help people like my father and mother, people who love their family, who protect their family, who put food on the table and make Detroit a better place,” says Webber. “If I can do that for others, then I’ve done my job.”
Although this is a new venture for Webber, his cannabis business started in 2015. Also, Webber and his partner Willis own the sneaker brand “Dada Supreme.” They plan to open up 10 retail stores that will be located throughout the U.S. Not bad for the NBA legend. He incidentally, retired from the sport after the 2007- 2008 season was over. During his career, Webber, was a 4-time all-star, Rookie of the Year, and number one draft pick. Webber played for the University of Michigan, and was a member of the “Fab Five.” Webber is a sports analyst with TNT. As you can see, Webber is not only an NBA basketball legend, but he is a savvy businessman.