GTEC assets list. Quietly building a great company. List of assets for GTEC Holdings.
Alberta Craft Cannabis
100% Ownership Edmonton, AB
Alberta Craft Cannabis (“ACC”) is a fully operational facility that is currently cultivating indoor flower. ACC is currently revenue generating and selling cannabis B2B, as it awaits the issuance of its Sales License. The Sales License inspection was conducted in late June 2019.
Licensing: Standard Cultivation, Standard Processing, Sales (Medical)
Annualized Output (kg): 1,300
Type of build: Indoor
Purpose-built: No
Expansion Potential: No
Facility Size (sq ft): 14,000
Grey Bruce Farms
100% Ownership Kincardine, ON
Grey Bruce Farms is our Eastern Canada cultivation facility. Grey Bruce was recently granted its Standard Cultivation License in July 2019 and is currently cultivating. Grey Bruce Farms is located on 6 acres of land, with expansion potential.
Licensing: Standard Cultivation
Facility Size (sq ft): 15,000
Annualized Output (kg): 1,650
Type of build: Indoor
Purpose-built: Yes
Expansion Potential: Yes
Tumbleweed Farms
100% Ownership Chase, BC
Tumbleweed Farms is fully built-out with its Evidence Package submitted to Health Canada and in the final stages of Licensing. Tumbleweed. Tumbleweed Farms is located on 23 acres with expansion potential, and its own natural artesian well for water supply.
Licensing: standard cultivation, standard processing and medical sales licences
Facility Size (sq ft): 10,000
Annualized Output (kg): 1,000
Type of build: Indoor
Purpose-built: Yes
Expansion Potential: Yes
GreenTec Bio-Pharmaceuticals
100% Ownership Kelowna, BC
GreenTec Bio-Pharmaceuticals is GTEC’s flagship subsidiary. GreenTec is currently in construction of phase one of its 80,000 square foot facility. GreenTec Bio-Pharmaceuticals has also secured two separate parcels of land, totalling approximately 200 acres for potential expansion plans.
Licensing: Under Construction
Facility Size (sq ft): 20,000
Annualized Output (kg): 2,250
Type of build: Indoor
Purpose-built: Yes
Expansion Potential: Yes
F-20 Developments
50% Ownership Vernon, BC
F-20 is a joint venture, where GTEC’s construction, design, operations and regulatory experience is leverage to develop a state-of-the-art indoor cultivation facility. GTEC is responsible for the final $1 million, of a $10 million build out. GTEC also has an option to acquire the other 50% of the joint venture at any time.
Licensing: Under Construction
facility Size (sq ft): 60,000
Annualized Output (kg): 8,000
Type of build: Indoor
Purpose-built: Yes
Expansion Potential: Yes
Extraction Assets
Zen Labs
100% Ownership Kelowna, BC
Licensing: Standard Processing for Extraction & Analytical Testing
Zen Labs is a full service chemical and microbiological diagnostics laboratory for soil, water, and cannabis. Zen Labs will analyze cannabinoid profiles, moisture content, heavy metals, microbials, aflatoxins, pesticides and other contaminants. Zen Labs has been issued a License from Health Canada for analytical testing, and a Standard Processing License for extraction.
Spectre Labs
100% Ownership Kelowna, BC
Licensing: In Progress (Evidence Package requested by Health Canada)
Spectre Labs is a cannabis oil extraction facility based in Kelowna, British Columbia. Spectre has acquired land and building to develop the facility, completed initial design work and submitted an application to the Office of Controlled Substances for a Dealer’s License. The site will be developed in a phased approach and will serve as a Good Manufacturing Practices (“GMP”) grade facility with extraction, formulation, compounding and export capabilities to support GTEC’s Licensed Producers and the global medical market. GTEC also intends to utilize Spectre to manufacture edible products that are expected to be incorporated into Health Canada’s regulatory framework in 2019. Upon Health Canada approval, the facility will be able to produce up to 24,500 grams of cannabis oil per day (equivalent to more than 8,500 kilograms per annum), with capabilities to increase production capacity in future phase development.
Retail Assets
Cake Cannabis Co – Kitsilano
100% Ownership Vancouver, BC
Licensing: Application submitted to B.C. Liquor & Cannabis Regulation Branch
Square Footage: 4,000 +
Cake Cannabis Kitsilano will serve as GTEC’s flagship retail store in Canada. Its initial application has been submitted to the B.C. Liquor & Cannabis Regulation Branch for a Non-Medical Cannabis Retail Licence.
GreenTec Retail – Saskatchewan
75% Ownership Nipawin & Saskatoon, SK
Licensing: Final Stage
GreenTec Retail – Saskatchewan is in the final stages of licensing with the Saskatchewan Liquor and Gaming Authority (SLGA). It was awarded by way of lottery to apply for a brick & mortar location in Nipawin, SK, as well as e-commerce website to be operated out of a fulfillment warehouse in Saskatoon.
Cannabis Cowboy
25% Ownership Calgary, AB
Licensing: 23 Development Permits currently issued
Cannabis Cowboy is to be a privately owned recreational cannabis and accessories retailer based in Calgary, Alberta, Canada. Upon the pending approval from the Canadian Federal Government to legalize cannabis for recreational use, Cannabis Cowboy will begin offering retail dispensary services to Western Canada. To meet the rapidly growing demand for cannabis products and services, Cannabis Cowboy has developed an ambitious growth strategy to develop multiple turnkey retail locations.