Medical marijuana company buys 4 Dayton properties for $1M

A medical marijuana company recently bought four real estate parcels for $1 million.

The properties — 307-313 Wayne Ave., 321 and 333 Wayne, with 117 Van Buren St., all in Dayton — were purchased by CannAscend Alternative LLC. Montgomery County property records identified the seller of all the properties as Goldflies Storage and Moving Co.

The purchases are in line with plans the company has already revealed. CannAscend Ohio LLC proposes to open a medical pot dispensary called Strawberry Fields at 333 Wayne, a former service station.

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CannAscend submitted plans to Dayton’s Landmark Commission that call for renovating the 71-year-old building to look like Strawberry Fields dispensaries in Colorado and Maryland.

 

But Landmark Commission members and neighbors said the dispensary design was inappropriate and would be more fitting in suburban settings, such as Miami Twp.'s Austin Landing.

Jimmy Gould, chairman of Cincinnati-based CannAscend Alternative, told the Dayton Daily News in September that he hopes to begin operating in Dayton by the new year.

"Where I'm sitting today we are targeting Jan. 1, that's what we're doing," Gould said at that time. "But we can't have a lot of misses."

We reached out to the company for comment about the real estate purchases. This story will be updated when CannAscend responds.

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