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2024 ECONOMIC IMPACT AWARDS WINNERS DRIVE GROWTH IN GREATER DES MOINES
  • Tue, 29 Oct 2024    7 Min Read
2024 ECONOMIC IMPACT AWARDS WINNERS DRIVE GROWTH IN GREATER DES MOINES

GREATER DES MOINES, Iowa, Oct. 29, 2024 -- The Greater Des Moines Partnership recently celebrated the winners of the 2024 Economic Impact Awards. Celebrating their 42nd anniversary this year, the Economic Impact Awards originated to recognize and honor companies that have recently made significant contributions to the economic vitality of Greater Des Moines (DSM) in terms of capital investment, job creation and facility expansion. The 2024 Economic Impact Award winners are:  Bud & Mary's CannabisBud & Mary's is Iowa's first medical cannabis manufacturer and dispensary operator. In 2022, the company recognized that its current capacity wouldn't be able to serve the needs of the growing medical patient base, so it embarked on a major expansion of the cultivation space, along with packaging, vault storage and office space. The project was key to making sure the company could uphold the obligation to provide safe, tested and legitimate THC projects from marijuana plants grown in its Iowa facility. Overall, the Bud & Mary's team has invested more than $10 million into the facility. The company was able to triple its flowering cannabis space to more than 10,000 square feet and through this expansion grow its team by more than 15 people – with more to come. These jobs pay more than a living wage, with full benefits – something still not common in the cannabis industry. The company also transformed its space from an empty warehouse to first class facility that should sustain their business for years to come.