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.”
Health Canada licence amendment secured on May 31, 2019
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
Mile High Labs CBD UK💯
Cbd Labs Belfast Northern Ireland 💚
Mile High Labs, the largest extractor of CBD isolate in the world
Northern Ireland sales into the UK and Europe, cementing its position as a supplier of CBD globally.
European expansion efforts for the Company. This location is strategically important to Mile High Labs, as it enables the Company to fulfill regional orders of all sizes quickly, allows for the servicing and support of customers locally and serves as a borderless gateway to the rest of the European CBD market.
“We are very excited to officially launch European operations with our first sales into the UK and EU,” said John Wallace, Managing Director of Mile High Labs UK/EU.
“Quality and consistency are of paramount importance in the European market, and we are proud to bring Mile High Labs’ products and standards to customers locally.
Having an on-the-ground presence helps us provide the best service and support to current customers in the region as well as new ones that understand the tremendous opportunity in this burgeoning market.”
“Our expansion is a testament to the global consumer demand for CBD,” said Jason Roth, CEO of Mile High Labs. “Wherever our customers are around the world, we want to support them, and we are committed to bringing the highest quality standards to the European CBD market and beyond.”
Mile High Labs’ new Belfast center will provide the Company with three significant advantages moving forward
(1) it opens up a low-cost distribution center to serve the UK and European markets
(2) it lowers the Company’s effective corporate tax rate via the UK patent box system
(3) it creates new business opportunities through the Company’s close relationship with Invest Northern Ireland.
Colorado company Mile High Labs has established its first European base in Northern Ireland and recently recorded its first sales in UK and Europe.
Mile High, which describes itself as the ‘largest extractor of CBD isolate in the world’, began operations in Belfast, last year, and in a press release says it has since built out a dedicated team to lead its expansion in Europe.
John Wallace, Managing Director of Mile High Labs U.K./E.U. said: “We are very excited to officially launch European operations with our first sales into the U.K. and E.U. Quality and consistency are of paramount importance in the European market, and we are proud to bring Mile High Labs’ products and standards to customers locally.”
“Having an on-the-ground presence helps us provide the best service and support to current customers in the region as well as new ones that understand the tremendous opportunity in this burgeoning market.”
A Mother’s Campaign Prompts UK Law Change
Jason Roth, CEO of Mile High Labs, added: “Our expansion is a testament to the global consumer demand for CBD. Wherever our customers are around the world, we want to support them, and we are committed to bringing the highest quality standards to the European CBD market and beyond.”
Mile High Labs says the Belfast operation opens up a low-cost distribution center to serve the UK and European markets, will lower its corporate tax rate via the UK patent box system, and will create new business opportunities through the company’s close relationship with Invest Northern Ireland.
Cannabis medication has become increasingly high profile in Northern Ireland. Tyrone county woman Charlotte Caldwell helped change UK legislation last year after securing a licence from the Home Secretary Sajid Javid to import cannabis medicine to treat her son Billy’s epilepsy.
In October, last year, Mile High Labs secured $35 million from institutional and private equity investors to expand the production capacity of its CBD extracts and fund its international expansion. In a press statement at the time Mr Hilley said: “We believe the CBD market is in the early stages of a 20-year secular growth trend, the size and scope of which the world’s largest consumer of packaged goods cannot ignore.
“We are already the CBD platform of choice for many of the market’s most recognizable brands and we welcome the chance to work with anyone seeking to explore this immense opportunity.”
Mile High Monster
Last month the company unveiled its ‘Mile High Monster’ – a mobile CBD extractor – which is installed directly on a hemp farm to work like an oil derrick.
It’s the first commercial scale, patent-pending extractor of its type with the company saying it can process about 50 acres of hemp per day into six barrels of CBD oil. The new extractor, the result of years of research and development, will help meet demand for the oil, it says.
The company’s first Mile High Monster was set up in eastern Colorado in March and the second will begin operating in southern Colorado this month.
Choom is pleased to announce that Choom Niagara, the first legal, adult use cannabis store to operate in Niagara Falls, ON has produced over $49,000 in sales on its opening day.💚
“We are really happy with the turnout we had for Choom Niagara’s opening day.” states Chris Bogart, President and CEO of Choom
“We’ve had a lot of support from the local community, and we’re excited to bring Choom to Niagara Falls.
The feedback from our customers has been fantastic, and that is a testament to our dedicated staff and in-store experience.
Doing $49,000 in sales on the first day of operation is a great milestone for us and our team who have worked so hard to get where we are today