Acoma Pueblo Governor Kurt Riley, surrounded by members of Tribal Council and Acoma Business Enterprises, enthusiastically signs business agreement with Bright Green Group on December 16, 2016.
Published January 23, 2017
ACOMA PUEBLO, NEW MEXICO – Acoma Pueblo Governor Kurt Riley and the Tribal Council of the Acoma Pueblo have entered into a 25-year business agreement and land lease with the Bright Green Group of Companies, Inc. This landmark agreement enables Bright Green to begin constructing on tribal land a state-of-the-art greenhouse facility and research center for medicinal plants.
The agreement was signed in December 2016 by Governor Riley and Bright Green CEO John Stockwell. Representatives of Acoma Business Enterprises were instrumental in developing the agreement, which marks the official launch of the collaborative effort between Acoma Pueblo and Bright Green.
“This is a great opportunity for the Acoma Pueblo, which will bring job opportunities and resources to the Pueblo,” said Shaun Cunningham, Chief Executive Officer of Acoma Business Enterprises. “Collaborating with Bright Green makes sense for the Pueblo in many ways. It is a great use of tribal land, provides financial benefits to the community and will be an economic driver for the local area and the State of New Mexico.”
Kickoff of the 150-acre development is scheduled for Wednesday, March 15, according to Stockwell. “Construction will take place in four phases totaling approximately 30 months,” Stockwell said. “Phase one will be completed in September, enabling the Group to start processing and manufacturing in 2017.”
The Bright Green facility on the Acoma Indian Reservation will grow up to 40 million plants per year, which will result in production volume exceeding 1 billion grams/marketable units annually.