WASHINGTON:  A Vancouver, B.C., company has bought a business center at 2010 Grandview Road for $1.2 million and plans to lease space to licensed marijuana growers and processors.

Chlormet Technologies bought the 9.7-acre parcel in Ferndale through its Washington state subsidiary PacCan Industries, according to a company news release.

The seller was Excelsior Mortgage Equity Fund of Lake Oswego, Ore.

The property is zoned general business.

The land has a number of buildings on it, Chlormet said. The largest is about 13,000 square feet and is divided into eight bays.