The former Mid-Orange Correctional Facility will soon be home to a CBD processing facility. The facility that operated as a medium security correctional facility will be receiving a 2.1 million dollar facelift from the CBD accelerator.
The goal is to bring manufacturing back to the mid-Hudson Valley. Town of Warwick Supervisor Michael Sweeton believes this movehas the potential to impact the area in a very big way.
“This project, with its connection to our farm economy and potential to spur numerous entrepreneurs, has the potential to transform our area similar to what dairy did in the early 20th century.”
Accelerators offer funding opportunities for new businesses, and with recent legislation, CBD’s became the ideal target. The CBD Accelerator will be providing 550,000$ of the funding with the rest coming from Warwick Valley Local Development Corporation. (WVLDC), a not for profit public benefit corporation.
The Prison which was shut down in 2011 when Cuomo announced the shutting down of 7 facilities. The property was then acquired by Warwick Valley Local Development Corporation and the Town of Warwick in 2014.
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