Enviromental Due Diligence In The Cannabis Industry: Why A Phase I Is The Best Money You Can …

Examples of RECs include, but are not limited to, vent pipes, paint booths, aboveground/underground storage tanks, unmarked drums, trench drains, chemicals and solvents, transformers and capacitors, hazardous waste containers, stained soil or pavement, fill material of unknown origin, waste storage areas, construction debris, stressed vegetation etc.

If RECs are identified in Phase I, then a Phase II ESA will be completed to address said RECs and classify soils for compatibility with proposed future uses and/or for off-site disposal.

Depending on the State agency’s risk tolerance, engineering controls can be implemented, such as literally fencing off the most contaminated areas of your property to prevent human exposure, using the building envelope to encapsulate contamination, berming or placing contaminated soils under roadbeds.

Alan Brochstein’s 420 Investor is the go-to community for investors to learn, explore, and profit from the marijuana companies.

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