WeedMD full of swagger as it harvests its first outdoor crop
Nearly one year since the legalization of cannabis in Canada, local producer WeedMD is harvesting one of Southwestern Ontario’s first outdoor crops.
WeedMD, harvests the top buds from their outdoor crop of Ghost Train Haze, a high THC strain of marijuana
Harvest of its Outdoor-Cultivated Cannabis
commenced harvesting its inaugural outdoor-cultivated cannabis crop located on 27 acres at its state-of-the-art facility in Strathroy, Ontario.
With over 35 varietal strains cultivated outside, the harvesting process will run over a four week period as the plants complete their grow cycles
WHSmith will launch with the Ignite ONE device, a rechargeable vape pen compatible with Ignite CBD pods and Ignite branded tinctures.
IGNITE INTERNATIONAL BRANDS (U.K.), LTD. (“IGNITE”), A WHOLLY OWNED SUBSIDIARY OF IGNITE INTERNATIONAL BRANDS, LTD. (CSE:BILZ),
ANNOUNCED THAT WHSMITH, A WORLDWIDE RETAIL MARKET LEADER, HAS SUBMITTED A PURCHASE ORDER
AND WILL BEGIN TO OFFER, UNDER EXCLUSIVE CONTRACT, IGNITE’S LEADING CBD PRODUCTS AT 276 RETAIL TRAVEL STORES IN THE UNITED KINGDOM STARTING AUGUST 2019.
Both WHSmith and Ignite will coordinate future product introductions, including additional vape and health and beauty applications, in concert with Ignite’s product roadmap.
Retail sites featuring the Ignite products include Heathrow Terminals 2 through 5, Gatwick North and South, Birmingham Airport, Liverpool Airport, London City Airport, Manchester Airport (Terminal 1), and Kings Cross Station. These sites offer exposure to a total of approximately 192 million travel passengers per year.
With over 600 stores on the high street and another 800+ travel stores at airports, train stations, hospitals, workplaces and motorway services, WHSmith is one of the UK’s leading retail groups and a household name. The first newsagent in the Smith family name opened in 1792, and the company, WHSmith, was created in 1828.
WEEDMD REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS
NET REVENUES INCREASE TO $8 MILLION REPRESENTING A QUARTER-OVER-QUARTER INCREASE OF 139%, WITH A GROSS MARGIN OF 46%
WeedMD continues to make solid progress and we’re proud to post another record quarter that highlights the strength of our operations and the demand for our products
Our gross margins improved to 46% as we realized scale in our cultivation operations and continued optimizing our supply chain.
With another 10 newly-licensed 10,000 sq. ft. cultivation rooms coming online alongside our 27-acre outdoor harvest, we expect to realize some of the best cultivation margins in the industry.”
WeedMD outdoor cannabis cultivation update – August 2019
Check out the latest progress update of our outdoor grow & production.
next stage of production leading up to a fall harvest, including our plants & people strategy for success.
plants – they’re flowering!
WEEDMD ASSISTS IN COMPLETING PHASE 1 OF SHOPPERS DRUG MART & TRUTRACE’S MEDICAL CANNABIS VERIFICATION PILOT
Built on TruTrace’s proprietary StrainSecure™ system which focuses on cannabis product testing and verification to confirm origin, authenticity and quality.
WeedMD is the first and only licensed producer to have 40 strains registered in the program. This technology helps in the protection of WeedMD’s unique strains and assists its customers, including Shoppers Drug Mart, with strain and product authenticity.
StrainSecure’s blockchain-enabled technology allows TruTrace to collect plant testing data and perform genomic verification on the plants to be stored and tracked in a database.
It serves as the central hub for identity management, asset tracking, validation and product authentication, as well as a master registry for standardized testing, product verification, and quality assurance.
WeedMD Secures Health Canada Approval for 20 Additional Cannabis Cultivation and Processing Rooms
WeedMD a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce it has secured a Health Canada licence amendment approval to expand production into ten additional 10,000 square foot cultivation rooms and ten new processing rooms at its state-of-the-art hybrid greenhouse in Strathroy, Ontario.
Licensing of the 20 additional rooms and ancillary space more than doubles WeedMD’s licensed greenhouse production space in Strathroy. Additionally, 27-acres of outdoor grow on the property was licensed and planted in June of this year.
With a total of eighteen 10,000 square foot hybrid cultivation rooms now licensed, WeedMD’s annual greenhouse cannabis production capacity is more than 20,000 kgs, with more than 25,000 kgs of incremental biomass forecasted to be harvested from the outdoor cultivation in Q4, 2019. The 10 new processing rooms will be used for drying, trimming and processing cannabis.
CX INDUSTRIES SIGNS EXCLUSIVE AGREEMENT WITH IGNITE INTERNATIONAL BRANDS TO SUPPLY PREMIUM CANNABIS AND CBD PRODUCTS
Widely recognized for its engaging marketing content, the Ignite brand is established internationally and recognized for its premium suite of cannabis and CBD products. The initial product launch will include a variety of THC and CBD products for the Canadian market.
“We truly believe quality flower is at the heart of every Ignite product we market. It’s at the core of everything we make and represents an unwavering dedication to deliver premium cannabis and CBD products worldwide and now especially here in Canada,” said Jim McCormick, President of Ignite. “Ignite represents cannabis and CBD at its finest and CX Industries and WeedMD are the perfect Canadian partners who share the same drive for quality.”
WeedMD Launches Cannabis Extraction Affiliate CX Industries
The launch of CX Industries represents the next step in the evolution of WeedMD. The marriage of consistent low-cost input material from our cultivation platform with our fully-licensed extraction hub in Aylmer truly sets us apart.
Our management team is now working with strategic partners to provide a platform for entrepreneurs and seasoned brands to enter the concentrates market, building on our history of collaborating successfully with our peers in the cannabis industry,” said Keith Merker, CEO of WeedMD.
“We have a solid reputation for executing on our production platforms – rooted in our integrity and transparency, combined with our ability to scale. CX offers world-class extraction and end-to-end production solutions as the market readies for the launch of extracts later this year.”
WeedMD is pleased to announce it has completed the outdoor planting of more than 20,000 fully-rooted cannabis plants at its Strathroy, Ontario property.
Clones were rooted in organic material for over four weeks to reach acclimatization and optimal transplant size
WeedMD is one of the first licensed producers in Canada to commence outdoor grow operations with its first harvest expected in October 2019.
“With our outdoor grow now fully operational, WeedMD has one of the most compelling and low-cost cultivation platforms in Canada,” said Keith Merker, CEO, WeedMD. “
Planting a variety of proprietary cannabis strains outdoors in June positions the Company to meet and exceed our production forecasts. WeedMD recently launched its adult-use brand Color Cannabis™, and with the introduction of new cannabis extract products in late 2019, we expect to have one of the largest, low-cost supplies of biomass to position ourselves vertically for the emerging extract market.”
Phase I includes the first 27 of 100 available acres at its Strathroy property
Construction of fencing, security, irrigation and other required infrastructure completed on time and within a fully-funded $2 million budget
73 additional acres of production planned for Phase II in 2020 on the existing property
Municipal approval secured
Operational synergies with outdoor cultivation directly adjacent to WeedMD’s existing propagation operations within its licenced greenhouse facility
All infrastructure and staffing resources exist onsite with a proven team dedicated and experienced in outdoor grow
WeedMD’s cultivation team brings significant experience growing cannabis outdoors locally
Selected strains proven to excel outdoors in southwestern Ontario
Growing from rooted plants allows for higher yields, survival rates and consistency when compared to starting from seed
Optimized plan with strains grouped with similar cultivation profiles in five planting zones
Nothing to see here but 27-acres of outdoor grow!
“Some plants are already close to 4ft tall.”
It’s been 1mo since we planted cannabis outdoors & all is progressing to schedule.
“Everything is growing amazingly well w, some strains likely to start flowering in 3-4 wks,”
cannabis plants are getting so tall and heavy that we’ve had to bring in some extra support.
Weekly update from our outdoor cannabis grow. Many plants are starting to reach over 6 feet tall. Way to go team! CannabisCanada
Do “trellis” more… our cannabis plants are getting so tall & heavy that we’ve started installing trellis netting. It’s a good sign that we’ve started into the next stage of vegetation – all on schedule for these beauties. CannabisCanada