“Our first goal is to start negotiating with the SQDC because it is the first client that we want to do business with”
Quebec cannabis producers HEXO and Great White North Growers can expect some big competition this year.
Medical cannabis producer Cannara Biotech Inc. has received its licence from Health Canada, allowing the company to start cultivation at its southern Quebec facility.
The Montreal-based producer will only grow medical cannabis for now but plans to expand to the adult-use market in the future.
“All of our planning is aimed at producing for the recreational market. Our first goal is to start negotiating with the SQDC because it is the first client that we want to do business with,” Barry Laxer, Chief Operating Officer told the Canadian Press.
Cannara states it’s now building the province’s largest indoor cannabis cultivation facility, which measures approximately 58,000 square meters — more than thrice the size of Montreal’s Bell Centre — in Farnham, QC, a small city in the Montérégie region of the Eastern Townships. The space will also include a “state-of-the-art” processing and extraction area. Quebec’s low energy costs make it an attractive location for cannabis cultivation businesses.
Laxer says that the cultivation will begin as soon as possible, with the first harvest expected sometime in the second quarter of 2020.
“After many months of diligent preparation, today’s milestone will allow us to start cultivation immediately and to advance our goal of becoming the premiere grower of cannabis in Québec and in due course, the rest of Canada,” said Laxer in a statement.
The facility is expected to create about 100 local jobs.
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Written by Emma Spears