Paper mill town in Northern Ontario to house sizeable and scalable medical cannabis facility
Ashley Keenan-The Growth Op
Touted as only the second commercial cannabis growing operation in Northern Ontario, Sudbury-based GaiaCann Inc. is looking to position itself as a medical cannabis industry leader with plans to launch a 32,000 sq. ft. indoor cultivation facility in 2020.“The Innovation Project” facility is to be located in the northeastern Ontario town of Espanola, approximately 40 minutes from Sudbury. The facility will primarily focus on cultivation, extraction and purification of cannabis and center on medical products, notes information on the company website. Its expected capacity could produce 2,750 kg of dried cannabis and 200,000 kg of extracted product each year. Construction has already started on a first-phase cultivation and extraction facility, reports Bay Today. It represents Northern Ontario’s second commercial cannabis growing operation, the article notes. The Greenhouse Project, an estimated 100,000 sq. ft. expansion to the main facility, is expected to be completed in 2021 and have a capacity of 9,000 kg annually. GaiaCann reports it received its high-level review confirmation from Health Canada for two of its standard cultivation, processing and sales licences, states a press release from ONEnergy Inc., which has announced its proposed acquisition of GaiaCann. If approved, the acquisition would help with funding of The Innovation Project and future expansions, the statement notes. “GaiaCann has made significant progress over a short period of time with respect to building its growing facilities in Northern Ontario and making its way to the final steps of becoming a licensed producer under the Cannabis Regulations,” says Stephen Letwin, chairman of ONEnergy.