NetworkNewsBreaks – VIVO Cannabis Inc. (TSX: VIV
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Posted On: 06/22/2020 4:03:16 PM
NetworkNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Expansion of Cultivation and Processing Capacity
VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that its wholly-owned subsidiary, Canna Farms Limited, has received all necessary Health Canada approvals to commence operations in its Phase 5 expansion, and that its wholly-owned subsidiary, ABcann Medicinals Inc. (“NCC”), has begun commercial production in its ethanol extraction suite. According to the update, the Phase 5 expansion of the Hope, British Columbia facility consists of 10,000 square feet of production space customized to incorporate Canna Farms’ two-tier growing systems, as well as vegetative, mother and processing rooms and storage vaults. “Health Canada’s approval of Phase 5 is a major milestone for the Canna Farms team because our two-tiered approach will allow us to grow twice as many plants in the same footprint as most conventional cultivators, allowing us to meet the growing demand for craft quality cannabis,” Dan Laflamme, president of Canna Farms, said in the news release. “In addition to our two-tiered production, Phase 5 is equipped with three processing rooms to provide space for our automated pre-rolled machine, expected to be commissioned this summer, and for expanded production of our solvent-less extracts including kief, bubble hash, and various forms of rosin.”
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 (TSX: VIVO) (OTCQX: VVCIF) today announced that its wholly-owned subsidiary, Canna Farms Limited, has received all necessary Health Canada approvals to commence operations in its Phase 5 expansion, and that its wholly-owned subsidiary, ABcann Medicinals Inc. (“NCC”), has begun commercial production in its ethanol extraction suite. According to the update, the Phase 5 expansion of the Hope, British Columbia facility consists of 10,000 square feet of production space customized to incorporate Canna Farms’ two-tier growing systems, as well as vegetative, mother and processing rooms and storage vaults. “Health Canada’s approval of Phase 5 is a major milestone for the Canna Farms team because our two-tiered approach will allow us to grow twice as many plants in the same footprint as most conventional cultivators, allowing us to meet the growing demand for craft quality cannabis,” Dan Laflamme, president of Canna Farms, said in the news release. “In addition to our two-tiered production, Phase 5 is equipped with three processing rooms to provide space for our automated pre-rolled machine, expected to be commissioned this summer, and for expanded production of our solvent-less extracts including kief, bubble hash, and various forms of rosin.”
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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