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  4. VIVO Cannabis Inc. (VVCIF) Message Board

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: V

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Posted On: 03/25/2019 4:54:28 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Health Canada Approval for Canna Farms Subsidiary to Expand Hope Facility, Double BC Production

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Friday announced receipt of approval from Health Canada for its wholly-owned subsidiary, Canna Farms Ltd., to begin cultivation in the expansion of its Yale Road facility in Hope, BC, resulting in its doubled cultivation capacity in the province. According to the update, production, product development space and automated packaging equipment is included in the expansion that is expected to be incorporated into the facility and brought on-line in mid 2019. The company expects to commence cultivation in the expanded area in May 2019. “Today’s approval of the Hope, British Columbia expansion is in addition to the Napanee, Ontario capacity increase approved by Health Canada yesterday,” VIVO Chief Executive Officer Barry Fishman said in the news release. “With the additional cultivation from Hope, VIVO’s current annual production capacity is now more than 8,000 kilograms with a goal to reach 11,000 kilograms later in 2019.”

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