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NY application deadline today; PalliaTech leasing space for medical marijuana dispensary in Downtown Brooklyn


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A Long Island company vying for a state license to distribute medical marijuana has leased space in Downtown Brooklyn,Crain's first reported Thursday.

PalliaTech Inc., a producer of marijuana-based pain medications, is looking to move into the second floor of 425 Fulton St., between Pearl and Jay Streets, where it will take up 3,000 square feet of space.

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"You want to be in a population center and you want access to public transportation and it's a great location from that perspective," said Andrei Bogolubov, executive vice president of PalliaTech. "The state has placed a high priority on geographic dispersion of the dispensaries and where the medicine will be manufactured and you have Brooklyn, where we were able to find a terrific facility there."

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