- 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
