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Home 🌿 Medical Cannabis News 🌿 Tilray, medical marijuana producer, brings in big bucks for Nanaimo 🌿Tilray, medical marijuana producer, brings in big bucks for Nanaimo
A federally-licenced medical marijuana producer in Nanaimo, B.C., is contributing so much to the local economy that city council has approved a proposal to roughly quintuple the size of the facility.
"At this particular point in time, [Tilray has] contributed about $3.2 million in direct wages in just over a year in operations, and they will continue to do so," Mayor Bill McKay told The Early Edition's Rick Cluff.
"When they are involved in their building process … 95 per cent of the contractors were locals, so you can imagine when you're going from a 65,000 square foot-facility to a 265,000 square foot-facility — that's good jobs, that's great impact."
According to a report released on Wednesday by the Nanaimo Economic Development Corporation, Tilray generated $48.1 million in total economic output and fostered 395 jobs during the construction and operation phase last year.
Tilray opened in Nanaimo last April, and it serves...
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