A cannabis company is looking to turn a former golf course in New York into a data center campus.
OTC-listed Weed Inc. this week announced the planned redevelopment of its wholly owned subsidiary, The Four Winds of Lake Erie, LLC. – formerly known as the Sugar Hill Golf Course property – into a data center campus.
Full details of any planned development have not been shared.
The company said the 44-acre site, located along Route 5 near the Lake Erie shoreline in Chautauqua County, represents a “rare large-scale development opportunity ideally suited for high-demand digital infrastructure.”
The Town of Portland board has formally expressed its support for the concept of a data center project. Announced in March, the board’s support is, however, dependent on the final site plans and details.
"This is a pivotal moment for Weed Inc as we move to transform a dormant asset into a potentially high-revenue, future-facing infrastructure platform," stated Glenn E. Martin, CEO of Weed Inc. "Data centers are among the most sought-after real estate asset classes globally, and we believe this project could significantly enhance long-term shareholder value."
First acquired in 2017, the company closed on its acquisition of the site in early 2022. Located at 7060 East Lake Road, Weed Inc. aimed to develop a “cannabis-friendly lakefront luxury condo and villa resort” on the site, but those plans seemingly never got off the ground.
“New York State shut down the golf course in 2020 due to Covid, but Weed didn't buy the golf course to go golfing,” CEO Martin said in a statement in 2022, noting the site’s water rights and wastewater management system.
Weed Inc. put Sugar Hill up for sale in late 2024 with an asking price of $2.1 million. At the time, the company said the state of New York had expressed “strong interest” in the site, with the aim of turning it into a state park.
However, the town of Portland opposed an inquiry from the New York State Department of Parks, Recreation and Historic Preservation regarding the purchase of Sugar Hill, with the board saying it did not want to give up the property from its tax roll. At the time, the board said other forms of development, such as housing, would be more beneficial to the town.
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