Cannabis Joint Venture (Pure Sunfarms) Update As copied from the News area - everything already in motion. cheers
On September 14, 2017, the application for a "second site" cultivation license under the Access to Cannabis for Medical Purposes Regulations (ACMPR) for Pure Sunfarms Corp.'s ("Pure Sunfarms") Delta facility was submitted to Health Canada. That application was subsequently accepted for review by Health Canada on September 18, 2017; and,
- Pure Sunfarms commenced physical conversion of the 1.1 million square foot greenhouse facility in Delta, British Columbia and expects to complete conversion of the first 250,000 square foot quadrant in February 2018 such that, subject to the receipt of cultivation and sales licenses from Health Canada, it expects to begin selling dried cannabis on or before July 2018 and to have all four quadrants commercially producing in the fourth quarter of 2019.
"Our cannabis joint venture, Pure Sunfarms, is making rapid progress towards commercial production at its 1.1 million square foot greenhouse facility in Delta, British Columbia," said Michael DeGiglio, Chief Executive Officer, Village Farms International, Inc. "In September, the application for a "second site" cultivation license for the Delta facility was submitted to Health Canada and quickly accepted for review. Physical conversion of the greenhouse facility is now underway and progressing on schedule, such that completion of the first 250,000 square foot quadrant is targeted for February 2018. Subject to the receipt of cultivation and sales licenses from Health Canada, Pure Sunfarms expects to begin selling dried cannabis in July 2018."
Read more at https://www.stockhouse.com/news/press-releases/2017/11/13/village-farms-international-reports-improved-third-quarter-2017-financial#JrUU1dojVe1MWVZA.99