Emerald Health Therapeutics (TSXV:EMH,OTCQX:EMHTF) secured a cultivation license for an organic cannabis facility in Vancouver, BC.
As quoted in the press release:
Emerald Health Therapeutics has received its initial cultivation license from Health Canada for its new organic cannabis growing facility in Metro Vancouver, BC. Tailor-made for Emerald to produce high-quality organic cannabis, the operation comprises two 78,000 square foot greenhouses and 12 acres (~500,000 square feet) of outdoor cultivation, with potential for an additional 12 acres. This license permits cultivation in an initial 15,000 square feet of greenhouse area. This site was purposefully designed for organic cultivation with the goal to exceed 30,000 kilograms of annual production, assuming licensing of the entire indoor and outdoor production area.
“Organic products appeal to many consumers, including many cannabis users, and we look forward to serving both medical and recreational consumers with our quality organic cannabis products,” said Dr. Avtar Dhillon, Executive Chairman and President of Emerald.
Construction of the first greenhouse is complete; the second greenhouse is expected to be completed in Q4; and the first 12 acres of outdoor area is ready for planting. Production at the facility is subject to obtaining necessary municipal approvals, which Emerald is working to complete.