NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: V
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Posted On: 08/06/2019 4:13:50 PM
NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Third Licensed Innovative Seasonal Greenhouse Site, Increased Cultivation Capacity
VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has been granted a Health Canada Standard Cultivation license for its Kimmetts facility, an innovative seasonal greenhouse site in Napanee, Ontario. According to the update, Kimmetts is VIVO’s third licensed production facility, and its Phase 1 planned development includes four positive-pressure airhouse structures with 86,000 square feet of cultivation space. The new site will bring the company’s total internal licensed capacity to over 12,000 kilograms, which includes a 4,000 kilogram increase to its annualized cultivation capacity. “This approval represents another significant milestone achievement for VIVO and a major step toward helping us reach our business goals,” VIVO CEO Barry Fishman said in the news release. “I am extremely proud of our Napanee team demonstrating that innovation and a focus on quality are part of our DNA. Our team in Napanee, as well as the team at Health Canada, worked tirelessly during the approval process. We applaud Health Canada’s efforts in playing a vital role in ensuring a safe cannabis supply chain for Canadians.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has been granted a Health Canada Standard Cultivation license for its Kimmetts facility, an innovative seasonal greenhouse site in Napanee, Ontario. According to the update, Kimmetts is VIVO’s third licensed production facility, and its Phase 1 planned development includes four positive-pressure airhouse structures with 86,000 square feet of cultivation space. The new site will bring the company’s total internal licensed capacity to over 12,000 kilograms, which includes a 4,000 kilogram increase to its annualized cultivation capacity. “This approval represents another significant milestone achievement for VIVO and a major step toward helping us reach our business goals,” VIVO CEO Barry Fishman said in the news release. “I am extremely proud of our Napanee team demonstrating that innovation and a focus on quality are part of our DNA. Our team in Napanee, as well as the team at Health Canada, worked tirelessly during the approval process. We applaud Health Canada’s efforts in playing a vital role in ensuring a safe cannabis supply chain for Canadians.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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