- EMHTF
named as a cannabis supplier for Newfoundland Labrador Liquor Corporation
(NLC) to serve the adult use market of the entire province of Newfoundland
and Labrador
- Pure
Sunfarms, in which EMHTF is a 50-50 joint venture partner, has received
from Health Canada an amendment permitting it to expand its cannabis
production area to 550,000 sq. ft.
- EMHTF
already has supply agreements with the Canadian provinces of British
Columbia and Ontario; as a cannabis producer, it is ramping up operating
facilities in British Columbia and Quebec
Emerald Health Therapeutics Inc. (TSX.V: EMH) (OTCQX: EMHTF)
is well positioned in Canada in the adult use cannabis market, both as a
supplier to several provinces and as a grower. Through its licensed subsidiary,
Emerald Health Botanicals Inc. (“EHB”), it can sell in Canada both medical
dried cannabis and cannabis oils (http://ibn.fm/knaK5).
EMHTF, based in Victoria, British Columbia, is focused on
developing cannabis as a supplier and cultivator, developing value-added
products for the pharmaceutical, nutraceutical and botanical markets with
wellness and medical benefits.
Through its EHB subsidiary, it maintains a joint venture
with Village Farms International Inc. Together, they operate Pure Sunfarms,
which has an existing 1.1 million sq. ft. licensed greenhouse in Delta, British
Columbia (Delta 3). An amendment to its cultivation license expands its
cannabis production area to half of that facility. Full production is expected
by mid-October (http://ibn.fm/KFdG4).
EMHTF also owns Agro-Biotech, a Quebec-based licensed
cannabis grower operating a 75,000 sq. ft. licensed indoor facility. It is
planning to add a 500,000 sq. ft. greenhouse in Metro Vancouver, Canada.
As a supplier, the company has expanded into a new market by
being named by the Newfoundland Labrador Liquor Corporation as supplier to the
province of Newfoundland Labrador in Canada for adult use cannabis starting in
October. That is in addition to its prior agreements to supply both Ontario and
British Columbia (http://ibn.fm/pG5tC).
“We’re proud to work with the NLC as a preferred Licensed
Producer to serve Newfoundland and Labrador in the upcoming legal cannabis
market,” Chris Wagner, CEO of Emerald, stated in a news release. “This
represents the third provincial agreement for our team and we expect to share
additional supply updates in the future.”
For more information, visit the company’s website at www.Emerald.care
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