Cannabis Wheaton Launches 1.4 Million Square Foot Greenhouse Joint Venture with Peter Quiring

Cannabis Wheaton Income Corp. (CBW) announced today that it had entered into a joint venture with Peter Quiring, one of the largest greenhouse builders and operators in Canada, to build a brand new cannabis greenhouse facility in Leamington, Ontario. The joint venture will operate through a newly formed subsidiary dubbed GreenhouseCo. Quiring will act as Chief Executive Officer of GreenhouseCo.

With over 25 years of experience building and operating greenhouses, Quiring has developed over 2,000 acres of greenhouses, operates approximately 175 acres of automated greenhouses, and operates one of the largest bell pepper and tomato greenhouses in North America.

“Today, I am pleased to announce my new exciting joint venture with Cannabis Wheaton and have full confidence in the management and teams that we have built together within my existing companies,” Quiring said in a statement. “I look forward to bringing my experience and values to this new partnership with Chuck, Hugo and their team at Cannabis Wheaton.”

“This is an exciting project both in terms of its scale and technological sophistication and we are honored to be partnering with the best in the business to ensure that this facility becomes one of the largest and best run greenhouse cultivation facilities in the country,” added Hugo Alves, President, and Director of Cannabis Wheaton.

For Phase 1 of the project, GreenhouseCo will initially develop 1.4 million square feet of a greenhouse on a 102-acre plot in Leamington, Ontario. The facility will be constructed by South Essex Fabricating on a site with access to approximately 27 megawatts of electricity and will be operated with a 100% closed-loop water recycling system.

Once Phase 1 is completed, the company estimates that the facility will produce approximately 120 million grams of cannabis per year. Combined with technological improvements adapted from Quiring’s existing greenhouses, the company believes that facility may be able to increase its output even more.

In addition to their current agreement, both Quiring and the company have agreed to jointly pursue international opportunities related to cannabis greenhouses, which includes greenhouse development and licensing GreenhouseCo’s intellectual property and operational expertise.

William Sumner

William Sumner is a freelance writer specializing in the legal cannabis industry. You can follow William on Twitter @W_Sumner or on Medium.


  • Richard RAshid

    October 18, 2019 at 4:17 pm

    Need info on “angle” or IPO investing


  • Jeffrey

    January 17, 2020 at 7:20 pm

    Are they also building the the in Ohio also of the same size. What is the date of completion of phase one , and what is the ticker or name will it be under.? Thank you


    • Earl Buckly

      February 17, 2020 at 5:54 pm

      Jeffrey, Did you find that ticker or name of the company?


  • Jeffrey

    February 16, 2020 at 12:08 pm

    What is their date for the first harvest


Leave a Reply

Your email address will not be published. Required fields are marked *

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.

 Sign up

About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


Recent Tweets

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.