Vana Expands Clovis, New Mexico, Operations
The company is licensed for indoor and outdoor farms, a manufacturing facility, and two retail locations, serving both medical and recreational markets.
"We have roots in this community, and we want to give back to the community where we raised our family,” said Parin Kumar, Vana's founder and CEO. “This investment is a big commitment for us, and the state assistance is important to build partnerships so we can achieve long-term success as we add employees and grow."
The project is being supported by the New Mexico Economic Development Department’s Local Economic Development Act job-creation fund. Vana has received $90,000 in LEDA funding to facilitate the addition of 12 new employees with an average salary of $46,626.
Vana sources locally grown cannabis products to process for area farmers, creating an avenue for farmers and micro-producers to manufacture and sell their products. The company has partnerships with Orenda Farms and Vana Society.
“EDD's investment in Clovis-based Vana LLC is a testament to the success of Gov. Michelle Lujan Grisham’s forward-thinking economic policies,” Acting EDD Secretary Mark Roper noted. “The legalization of recreational cannabis in New Mexico is growing businesses and helping rural communities diversify their economy and add jobs.”
“We are thrilled that the State of New Mexico supports manufacturing growth in rural communities,” added Tina Dziuk, CEO of Clovis Economic Development. “The State LEDA grant will help create new jobs and opportunities for our residents, while also strengthening our local economy. We believe that by investing in our community, we can build a brighter future for everyone.”
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