You are here
Home 🌿 Medical Cannabis News 🌿 Paper mill town in Northern Ontario to house sizeable and scalable medical cannabis facility 🌿Paper mill town in Northern Ontario to house sizeable and scalable medical cannabis facility
Touted as only the second commercial cannabis growing operation in Northern Ontario, Sudbury-based GaiaCann Inc. is looking to position itself as a medical cannabis industry leader with plans to launch a 32,000 sq. ft. indoor cultivation facility in 2020.
“The Innovation Project” facility is to be located in the northeastern Ontario town of Espanola, approximately 40 minutes from Sudbury. The facility will primarily focus on cultivation, extraction and purification of cannabis and center on medical products, notes information on the company website. Its expected capacity could produce 2,750 kg of dried cannabis and 200,000 kg of extracted product each year.
Construction has already started on a first-phase cultivation and extraction facility, reports Bay Today. It represents Northern Ontario’s second commercial cannabis growing operation, the article notes.
The Greenhouse Project, an estimated 100,000 sq. ft. expansion to the main facility, is expected to be completed in 2021 and have a capacity of 9,000 kg annually.
The Town of Espanola could soon be host to Northern Ontario’s second commercial cannabis growing operation by the spring of 2019.
Sudbury-based GaiaCann Inc. is out to make a global name for itself in the medical marijuana b …- https://t.co/5c2lYrLHik –#weed #marijuana #THCpic.twitter.com/FH0lQaBMXv— Medical Marijuana Program Connection (@MMPconnection) July 5, 2019
GaiaCann reports it received its high-level review confirmation from Health Canada for two of its standard cultivation, processing and sales licences, states a press release from ONEnergy Inc., which has announced its proposed acquisition of GaiaCann. If approved, the acquisition would help with funding of The Innovation Project and future expansions, the statement notes.
“GaiaCann has made significant progress over a short period of time with respect to building its growing facilities in Northern Ontario and making its way to the final steps of becoming a licensed producer under the Cannabis Regulations,” says Stephen Letwin, chairman of ONEnergy.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.