One of Canada’s prime licensed producers unveiled plans for its largest cultivation facility, with a “significant proportion” of the brand new production slated to handle a “massive” provide shortfall for medical hashish abroad.
Aurora Cannabis plans to build the 1.2-million-square-foot facility in Medicine Hat, Alberta, to reap the benefits of the “sunniest city in Canada” and save on energy prices.
Aurora, which is traded as ACB on the Toronto Stock Exchange, didn’t disclose the worth tag.
The operation, referred to as Aurora Sun, shall be able to producing greater than 150,000 kilograms of hashish per yr, in accordance to a information launch. Some of that marijuana can be diverted to meet demand in Canada’s new leisure market in addition to the medical marijuana sector.
Construction is predicted to be accomplished within the second half of 2019.
Aurora has roughly 280,000 kilograms per yr of funded capability to date, and Aurora Sun will convey that to over 430,000 kilograms yearly.
The new facility, to be designed and engineered by wholly owned subsidiary Aurora Larssen Projects, will probably be inbuilt compliance with European Union Good Manufacturing Practice requirements.