The Latter-day Saints temple looms over the landscape, its smooth granite exterior bright in the high desert sun. At the top, a golden angel glimmers in the light.
Across the quiet highway from the temple is a 40-acre greenhouse that locals refer to as “the marijuana farm.”
Phoenix is a three-hour drive away. They call it “the Valley” here, 5,600 feet above sea level. Though only around 6,000 people live in Snowflake, the temple draws more than six times that number, from as far away as New Mexico.
Officially, the cannabis company is called Copperstate Farms. It is partly owned by Fife Symington IV, the son of a former governor of Arizona, and it bills itself as the largest wholesaler of cannabis in the state. It may be the biggest greenhouse dedicated exclusively to cannabis in North America.
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Known for solutions that yield results, Seth Yakatan has completed or advised on acquisitions and corporate finance transactions totaling over $3 billion. He is CEO of Katan Associates International—a financial strategy and merchant banking firm specializing in commercialization and asset monetization—especially those within life-science and e-commerce sectors.