NBA Hall of Famer Webber breaks ground on $50M cannabis facility in Detroit

DETROIT, Mich. (WILX) - Former NBA player and Detroit native Chris Webber broke ground on a $50 million facility cannabis facility in Detroit’s Corktown neighborhood Tuesday morning.

The facility will be known as Players Only Holdings and will focus on real estate development, cannabis cultivation, brand partnerships, and creative content development and management.

According to a press release, Players Only will have:

a 180,000-square foot facility that will include a 60,000 square foot cultivation space,
an 8,000 square foot dispensary,
and a private cannabis consumption lounge among other amenities.

“This Detroit training and operations facility is only the first step in bringing tangible opportunities to the people of this city – one that means so much to me – while eliminating barriers to an industry with unlimited economic potential,” Webber added in the release.

The facility will be near Michigan Ave. and the Fisher Service Dr. in the Corktown neighborhood of Southwest Detroit. There will be nine acres of property in total.

In February, Webber and Willis, along with Jason Wild and JW Asset Management, announced a $100 million private equity cannabis fund that will invest in underrepresented individuals and support black and brown-owned businesses and brands within the cannabis sector.

Subscribe to our News 10 newsletter and receive the latest local news and weather straight to your email every morning.