The Insurance Blog
Vana is a family-owned cannabis company based in Clovis, New Mexico, recognized as the first enterprise to hold a cannabis manufacturing license in the state. Recently, Vana received groundbreaking financial support through New Mexico's Local Economic Development Act (LEDA) fund, marking a significant commitment from the government to stimulate job creation within the local cannabis sector.
The company plans to utilize the LEDA grant to expand its workforce by hiring 12 additional staff members and investing $26 million over the next decade to foster ongoing growth and evolution in its operations. With a comprehensive portfolio of operational licenses, Vana's diverse production capabilities position it competitively in the increasingly demanding cannabis market.
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