Cultivation Archives - Green Market Report

StaffStaffJune 27, 2019
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4min6550
Dr. Jared Helfant graduated Cum Laude with dual degrees in health science and business from the University of Florida while simultaneously owning and operating a successful college town nightclub and lounge, called Simon’s, in Gainesville. He has since graduated top of his class from NYU dental school and built the TLC Dental brand that includes 5 successful locations in South Florida.
At Sparx, Dr. Helfant applies his expertise to oversee operations, branding, and marketing. With a proven track record of providing top-tier, customer-facing services and long-term strategic planning, his knowledge helps facilitate budget analysis, marketing strategies, and partner relationships.
GMR Executive Spotlight Q&A – 

Full birth name: Dr. Jared Noah Helfant 

Title: Co-Founder and President 

Company: Sparx Cannabis

Years at current company: 1

Education profile: Dr. Jared Helfant graduated Cum Laude with dual degrees in health science and business from the University of Florida. He has since graduated top of his class from New York University Dental School.

Most successful professional accomplishment before cannabis: Help build the TLC Dental brand that includes five successful locations in South Florida.

Company Mission: Sparx Cannabis is a California-grown, vertically-integrated and family-owned lifestyle brand that fits into the everyday life of cannabis consumers across all demographics and backgrounds. 

Sparx wants to remove the stigma and stereotypes that are associated with cannabis by showing how cannabis fits into the motto “Everyone, Everyday.” Sparx Cannabis strives to provide the highest quality, premium product through state-of-the-art technology and innovations that continue to move the industry forward. 

Company’s most successful achievement: Raising $10,000,000 in Series A funding to help expand the company’s footprint, hire more hard working employees and give back to the community. 

Has the company raised any capital (yes or no): Yes

If so, how much?: $10,000,000 in Series A funding was announced this month (June 2019)

Any plans on raising capital in the future? We do plan to raise additional capital in the future, but right now we are focused on utilizing our most recent Series A funding of $10 million. 

Most important company 5 year goal: In five years, Sparx Cannabis hopes to expand our footprint into multiple markets across California and potentially the country depending on how regulations change.


StaffStaffMay 9, 2019
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3min8130

Just two months after announcing the launch of Arcadia Specialty Genomics™, a new cannabis-dedicated division of agricultural crop improvement, the company has released images of its first crop of sun-grown, Hawaiian hemp. Arcadia’s new cannabis unit, cultivates six Hawaiian hemp strains on its 10-acre Hawaiian facility.

In March, the company revealed it had been granted an Industrial Hemp Pilot Program (“HIHPP”) License by Hawaii’s Department of Agriculture. The license allows for the cultivation of industrial hemp for the purposes of agricultural and academic research. Hemp and hemp products produced under the program may be commercially sold.

With a 10-acre field station in Hawaii, Arcadia is producing its first research crop of hemp to test the impact of climate and geography on crop parameters like yield and quality. Arcadia Specialty Genomics’ scientists and agronomists are evaluating and characterizing the performance of a number of local strains against various climate and biological conditions to understand the attributes of each, as well as identify opportunities for improvement. In addition, the company has hired full time staff at its Hawaii facility to oversee the ongoing research and grow operations.

“It’s highly gratifying to see our first hemp research crop taking root in Hawaii, having planted six different Hawaiian strains,” said Matt Plavan, president of Arcadia Specialty Genomics and CFO of Arcadia Biosciences. “In order to solve for crop variability – a major concern for U.S. hemp farmers – we first need to understand its drivers. We’re applying the sound, scientific approaches we’ve used to improve other crops, such as wheat, to create new breeds of superior hemp.”

Hawaii is the first state where Arcadia Specialty Genomics has commenced its research and cultivation of hemp in federal and state legal cannabis markets, using non-GMO techniques to produce superior U.S. hemp crops.

While traditional agricultural crops can be difficult to grow and export economically in Hawaii, the rich soil and warm climate are ideal for cultivating high-value crops such as hemp.

Arcadia Biosciences is a recognized leader bringing deep experience and established capabilities in this kind of crop innovation and optimization, delivering proven results safflower, wheat and durum such as:

A 100 percent increase in the production of omega-6 GLA for safflower
Two to six times more fiber than standard wheat and durum with its proprietary GoodWheat™ flour
A 65 percent reduction in allergenic gluten content in its GoodWheat™ flour
30 percent more lysine, an essential amino acid, in GoodWheat™ compared to standard wheat
The company expects to harvest its first crop of Hawaiian-grown research hemp this summer.

 

 


StaffStaffMarch 21, 2019
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4min17540

Canopy Growth Corporation  (TSX: WEED) (NYSE: CGC)  has acquired American hemp company AgriNextUSA in a cash deal for an undisclosed amount.  The company did note that purchase was not material to its current cash position and that the transaction would speed up Canopy Growth’s entry into key markets in the United States.

AgriNext is a hemp enterprise led by CEO Geoff Whaling, that has been at the forefront of hemp advocacy and building a vibrant hemp sector in the USA.

The United States is the next stop on Canopy Growth’s desired path to becoming a leading, revenue-generating company focused on all aspects of cannabinoids and their potential,” said Bruce Linton, co-CEO and Chairman of Canopy Growth. “Our significant investments, acquisitions, and compilation of talented leaders such as Geoff will position us for swift expansion throughout the United States. By collaborating with a pioneer like Geoff, who has been involved with our team since our earliest days in 2013, we will aim to turn hemp supplied by American farmers into a wide range of products.”

Canopy Growth had previously announced that it was on track to build the first Hemp Industrial Park in the Southern Tier of New York State, after receiving a state license to produce and process hemp. At that time, the company said that it had committed to invest $100M to $150M into a hemp operation that would lead to significant job creation and positive local economic impacts, as well as the produce CBD products for Canopy.

The vision proposed by AgriNextUSA and supported by Canopy Growth would involve creating Hemp Industrial Parks such as the one planned in New York State, where this super crop could be fast-tracked through a production cycle that would result in commercial applications for all parts of the plant, from root to tip. Camopy said in its statement that American farmers will benefit from a model that provides a single, regional destination for their hemp crops and connects them with the researchers, entrepreneurs, and innovators whose ideas will turn their crops into new products and industries.

“Hemp has the potential to become a multibillion-dollar industry that will boost the American economy for generations to come,” said Geoff Whaling, CEO of AgriNextUSA, Chairman of the National Hemp Association and newly appointed Strategic Advisor, Hemp and CBD, Canopy Growth USA. “By working with Canopy Growth, we will turn our vision into a reality, one that helps American farmers, small and medium-sized business owners, and the next cohort of innovators who see the extraordinary potential that hemp has to offer.”

Some industry insiders believe that hemp will be an even bigger market than adult use or medical marijuana. They believe hemp has the potential to disrupt several prominent industries like advanced materials, cosmetics, energy, fiber and textiles, food and protein production and the health and wellness sectors. Hemp is also a natural source of CBD, the non-intoxicating component of cannabis that can be used for health and wellness purposes in jurisdictions where legally permitted.

 


Debra BorchardtDebra BorchardtDecember 20, 2018
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5min18230

The 2018 Farm Bill, passed by Congress on December 12, 2018, and signed into law by the President on December 20, 2018, includes Section 10113 titled “Hemp Production,” which removes hemp from the Controlled Substances Act, places full federal regulatory authority of hemp with USDA, and allows State departments of agriculture to file hemp programs plans and regulate hemp cultivation per their State-specific programs.

“This bill constitutes a momentous victory for the movement in support of hemp farming, and will have far-reaching positive impacts on rural economies and farming communities, increase availability of sustainable products for American consumers, and create new businesses and jobs in the hemp industry,” said Eric Steenstra, President of Vote Hemp. “Now that we have lifted federal prohibition on hemp farming, it’s time to invest our energy in expanding hemp cultivation and the market for hemp products across the country so that all can reap the benefits of this of this versatile, historic American crop.”

Vote Hemp went on to say that in addition to defining hemp as cannabis that contains no more than 0.3% THC by dry weight, the bill asserts a ‘whole plant’ definition of hemp, including plant extracts; and removes roadblocks to the rapidly growing hemp industry in the U.S., notably by authorizing and encouraging access to federal research funding for hemp, and removing restrictions on banking, water rights, and other regulatory roadblocks the hemp industry currently faces. The bill also explicitly authorizes crop insurance for hemp. The full text of the hemp provisions in the Farm Bill of 2018 may be found at:  https://www.votehemp.com/2018farmbill.

Section 10113 “Hemp Production,” expands federally legal commercial hemp cultivation to tribal lands, reservations and U.S. territories—lands that had previously been omitted in Sec. 7606 of the 2014 Farm Bill, which allowed only for hemp farming programs in ‘States.’

“For too long, the outrageous and outdated ban on growing hemp has hamstrung farmers in Oregon and across the country,” Senator Ron Wyden said. “Hemp products are made in America, sold in America, and consumed in America. Now, hemp will be able to be legally grown in America, to the economic benefit of consumers and farmers in Oregon and nationwide.”

David Bronner, Cosmic Engagement Officer (CEO) of Dr. Bronner’s, soaps in North America that use hemp seed oil in its products said, “Dr. Bronner’s has advocated for the legalization of hemp farming since we added hemp seed oil to our products in 1999, and fought and beat the DEA during the Hemp Food Rules Challenge from 2001 to 2004. As a maker of hemp products, we are eager to source the 20 tons of hemp seed oil we use annually from American farmers.

“We see passage of this Farm Bill as a critical step in the development of the hemp industry. Now American farmers will have the opportunity to participate in a high value crop with a growing market opportunity, and consumers will have better access to hemp-based products,” said Dixie Brands CEO Chuck Smith. “It will also dramatically improve supply chain access for companies such as Dixie Brands, which has already developed a diversified and revenue-producing portfolio of CBD-based products under our Therabis and Aceso brands. As such, we applaud this development as a win for multiple groups and look forward to further advancing Dixie’s growth initiatives in this now legalized space.”


Debra BorchardtDebra BorchardtDecember 18, 2018
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6min15020

The beauty of brands like McDonald’s (MCD) or Coca-Cola (KO) is consistency. Consumers can walk into any McDonalds and always expect the hamburger to be relatively the same. They can open a can of Coke and it will always taste the same. This isn’t the case in cannabis these days.

A popular strain like Blue Dream might have a variation in its THC percentage depending on the state where it was cultivated. A 2015 study  determined that “marijuana strain names often do not reflect a meaningful genetic identity.” Another test of cannabis products in Alaska found that the THC levels were not what was advertised. This lack of inconsistency is causing companies like MMJ America to wipe its cannabis slate clean and start over with a new crop of cannabis plants that it can control.

MMJ is switching its existing, vertically-integrated Denver facilities, as well as enabling its new ones in Las Vegas, to a method powered by TriGrow Systems that will standardize and automate the cultivation process. A combination of custom software and specialized hardware is resulting in consistent results from plants. This customization even extends to proprietary nutrients that are blended for specific strains as well as to optimize plant growth.

The software solution allows for a consistent product regardless of the location of the cultivation facility so that MMJ’s customers can have a similar consumption experience no matter where they buy the product. Not unlike McDonald’s and Coca-Cola.

The consistency is also beneficial from a business standpoint as it gives the grower some predictability and that allows the company to have reliable information which helps with business planning. The cultivators at MMJ America feel they are akin to artists when it comes to growing cannabis, but they have said that the TriGrow System will take their artistry and truly replicate their strain. TriGrow says its system can increase the average potency of cannabinoids by 28.8%.

Green Market Report has visited many grow facilities, but what set this one apart was the vertical stacking of the TriGrow units. It’s typical to see rolling tables to maximize the floor space, but stacked tables with catwalks really maximize the amount of yield a producer can get from a warehouse space with tall ceilings. These units can be stacked three high which can increase the yield by 7.8 times and they are like Lego pieces. The units can be stacked on top of each other or linked side by side and each comes complete with its own set of lights. There is a catwalk system that comes with vertical stacking.

Another producer in Washington state has decided to implement the same system for its newest 30,000 square foot facility in Bellevue WA. Hannah Industries has been growing cannabis for two years and a traditional setup seemed to be the way to go, but with competition heating up the pressure is on to save money on the build out plus produce more. Hannah said it estimates it will be able to produce 80% more weight out of its new facility with TriGrow and save 10-15% on the build out.

TriGrow has received an investment from long-time cannabis investment group Poseidon Asset Management. Morgan Paxhia, co-founder of Poseidon said “Poseidon has been an early investor in the agtech area of cannabis. Cultivation is going to face commodity pressures as production scales to meet legal demand, as we are already seeing in certain markets. As a result, operators will need to be extremely focused on consistent production at low cost. TriGrow’s platform is built to support this mission, which we are seeing real time from the customers they are onboarding across several markets.”

The company has also partnered with cannabis loyalty software company Baker, which recently went public as a part of the TILT Holdings (CSE: TILT) (OTC: STTVF)) rollup. As more companies become multi-state operators, consumers will expect and demand that the products be consistent. Being able to deliver this consistency is going to be a challenge for many and no doubt they will have to seek out cultivating methods that move from traditional styles to the latest technology and hardware.

“TriGrow provides an opportunity to create scalable solutions producing consistency across production facilities,” said David Kessler, SVP of Horticultural Solutions at TriGrow.  “Our goal is to provide precision cultivation solutions, enabling indoor growers to scale operations efficiently and grow the highest quality crop consistently, at low operating costs” he added.


Debra BorchardtDebra BorchardtDecember 5, 2018
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6min10960

When a company is caught growing cannabis illegally, it’s often the landlord who’s left to clean up the mess. The criminals rarely come back for their equipment and the police want nothing to do with it either.

So, the landlord is confronted with clearing out sometimes hundreds of sophisticated, expensive lights, watering systems, and other various cultivation items in order to get the space back to rent. Metal scrapper and the owner of CH Hydroponics James Robba stumbled into the market when he was asked to disassemble a huge illegal grow.

Initially, he tried taking the lights apart to sell for scrap metal. Then he found that he could make more money keeping the lights intact and reselling them versus taking the lights apart. He began testing the lights to see if they worked and when they did he began selling them. “I was getting between $200 and $250 per ballast,” said Robba. For the uninitiated, ballasts run grow lights that are used in indoor grows.

After selling off his first tear down, he began running ads on Craigslist offering his demo work in order to get more second-hand equipment. “We started tearing down huge grows,” he said. “People that get busted don’t go back for their equipment.” He said building managers and landlords began calling him.

“We’ve seen gnarly stuff,” said Robba. “We’ve seen people tunnel down, right through a foundation, down 20 feet to tap into the main power line.” He has disassembled illegal grows with 500 lights making these $5-$6 million illegal operations.

Busted

You would think that it’s the landlord who has called the police and informed them about the illegal grow. But Robba said instead it’s usually disgruntled employees who end up tipping off the police. He told one story about an unhappy employee who knew the building didn’t have security guards on Sunday, so he went there with the intention to steal. Instead, he set off a silent alarm which automatically called the police. Oops.

Another way that illegal grows are discovered is that cities are using drones to find buildings with excessive amounts of HVAC equipment on the roof. Most buildings will have a few of these mechanical units on the roof, but a grow could have as many as 40. A telltale sign of something unusual.

Then there’s the smell. Robba said one operation without thinking opened a roof panel on the building, thus letting out the fragrant aroma of its cannabis plants. Neighbors complained and called the police.

Code Violations

With all these illegal grows getting busted and torn down, one would think people would be going to jail but that isn’t happening. Police departments found it wasted time and money to go after the lawbreakers. An operation one block from the police station in San Bernardino was busted with over 25,000 plants and no one went to jail.  Instead, cities found that good old-fashioned building codes and civil penalties were the way to go.

It’s very black and white. There is no way to argue building codes. It removes the police and courtrooms from the equation. It’s very easy for a city to tag a property with a building code violation and charge the owner with fees and penalties. Five tons of HVAC equipment on a roof is a dangerous situation for the occupants inside because in general buildings aren’t able to withstand that amount of weight.

It’s a violation and the city can earn big money by charging an owner a daily penalty until the building comes back into compliance. So, rather than spend money on police and attorneys to shut down an illegal grow, the city can instead earn money and still have the same outcome. This incentivizes the owners and landlords to fix the situation as quickly as possible.

Used Equipment

If the equipment is cheap and old, Robba will charge the owners to remove it. If it’s high quality, then they pay the landlord a reduced rate to demolish the grow. Robba said he does about two a month, but then added he’s already done three this past month. A new light can cost $250 each, while Robba pays about $20 for each ballast, he can resell them for roughly $75.

He believes the high tax rate of legal cannabis companies in California is creating the shadow black market. While many hobbyists buy his used equipment, he also believes that plenty of small black market operators are buying it as well. Still, he said it is getting harder for the illegal grows to stay in business as the city cracks down.

He doesn’t condone breaking the law, but he said the disruption of legalization has hurt the small operators who will now need to turn to other forms of business to make a living. Other things that could be more harmful than a small grow operation.


Debra BorchardtDebra BorchardtAugust 28, 2018
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3min11541

Medical marijuana producer WeedMD Inc. (WDDMF)  reported revenues of $2.1 million for the three months ending June 30, 2018. This was an increase of 83% sequentially and 787% over the same time period during last year. Revenue of $3.2 million in the first six months of fiscal 2018 represents a 1271% increase compared to the first half of fiscal 2017.

“We are pleased with our performance in the quarter, with revenues growing in excess of 700% year-over-year,” said Keith Merker, CEO of WeedMD. “Having secured supply agreements with Shoppers Drug Mart, the Nova Scotia Liquor Corporation, the Alberta Gaming, Liquor & Cannabis Commission and the British Columbia Liquor Distribution Branch, we are well positioned to deliver on our milestones, including expanding production through our newly licensed greenhouse facility, additional provincial supply agreements, building market share and accelerating growth.”

WeedMD also reported a net comprehensive loss of $1.7 million, which was much lower than last year’s loss of $4.7 million for the same time period. The loss per share for the quarter was $0.02 versus last year’s $0.08.

Looking Ahead

WeedMd said its cultivation facility was recently licensed and plants were moved into the 25,000 square feet of space throughout the month of June. This puts the company on schedule for its first harvest by September 2018. The month looks to be a busy one for the company as it is also planning to expand from the current three growing rooms to four over the next week. By the end of September, six more rooms representing roughly 60,000 square feet are expected to be licensed and populated.

By the end of this year, WeedMD is planning on having 400,000 more square feet commissioned and more than 500,000 square feet of total cultivation production space.

Merker added, “Our production platform positions the company to support existing and incoming supply commitments as well as pursue international distribution opportunities. With an expected 500,000 square feet of fully-funded production space online by the end of this year, WeedMD is poised to become a top ten licensed producer in terms of actual realizable production capacity.”


Anne-Marie FischerAnne-Marie FischerAugust 21, 2018
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8min62292

As the July 1 regulations had most California cannabis companies scrambling to meet compliance standards for cannabis products, two companies implemented the best practices they had been planning since January 1 and are now dominating the California cannabis industry.

Headset, a real-time data source for the cannabis industry released their Insights Report where Caliva and Papa & Barkley are creeping up to the top, holding 50 top-10 rankings across the state of California.

Smoking Sensations

Caliva is leading in the flower, pre-roll and vape categories, proudly showcasing information about the testing standards completed for phase II compliance in California. The San Jose based retailer offers some of the industry’s finest pre-rolls, including “House Doobies” and Dogwalkers, and Toasties, rolled into the Caliva Collection.

By passing the California cannabis standards that came into effect July 1, in regards to packaging, testing, labeling, using child- and tamper-proof technology, and using prominent wording on labeling, Caliva rose to the top.

“We started preparing for July 1 regulations in earnest by January 1st. It wasn’t easy,” says Dennis O’Malley, CEO of Caliva. “We cycled through a couple different testing labs until we felt confident we found the best.”

From the consumer perspective, it was the trust that customers feel in the Caliva experience. “Trust means providing a pristinely compliant product that does what it claims to do every time,” says O’Malley, “At Caliva, we are obsessed about delivering the products the consumers want in the manner and channel of where and how they would like to purchase.”

The Caliva Collection is an excellent example of the best practices in packaging, labeling, and engaging the customer experience.

Topical and Tincture Trailblazers

Papa & Barkley is dominating the California cannabis industry in the way of cannabis tinctures and topicals. Their strategies began early with an “all hands on deck” approach to the changing packaging and labeling regulations. In the ever-changing industry, they never see their job as complete, “We are currently working on flexible on-demand packaging systems in anticipation of more regulation changes,” says Kimberly Dillon, CMO.

Of their success in topicals, Dillon attributes ease of use and a demand for non-psychoactive products; “Topicals are an easy introduction to use as a wellness product,” Dillon says.

Providing products ranging from balms to patches, to body oils, to body soaks under the Releaf brand, Papa & Barkley provides clear labeling on both their products and on their website. Tinctures and capsules allow oral ingestion for those who are looking to use cannabis without smoking or vaping.

When Preparation Meets Opportunity

It required a strong investment to get cannabis products up to snuff for California’s regulations. “We did not predict the large impact that the July 1 regulations would have on the industry,” says Caliva’s O’Malley, “We took our lumps in Q1 of this year,” in preparation for the July 1 regulations.

For Papa & Berkley, the process is continuously evolving as they come out with new product lines and anticipate new regulation changes, demonstrating the need to be nimble in the industry.

Both companies are seeing new opportunities emerge and are working those into their strategies. “Products need to fit into consumers’ daily lives and for the vast majority of the new cannabis consumer, there needs to be micro-dosed options,” says O’Malley. Caliva plans to release products marketed as “fun for you”, “good for you”, and “relief for you” to help consumers get their best cannabis experience.

For Papa & Berkley, it’s all about helping people use tinctures and topicals to explore the vast array of products and medical cannabis therapies available to people. “Some portion of the [new user] cannabis cohort will graduate into other form factors and use cases,” says Dillon. The company plans to expand into new product lines under the Releaf brand, including Whole Plant CBD products that will allow those who aren’t in legal states to access the benefits of their award-winning products.

As new companies emerge, and existing companies merge to pool resources for compliance regulations that are ever-changing, Caliva and Papa & Berkley serve as excellent models of the way for cannabis product best practices in California and across the industry.

 


Video StaffVideo StaffAugust 13, 2018

3min11010

iAnthus Capital Holdings (ITHUF) recently broke ground for its new medical marijuana facility in Warwick, New York. The company and its subsidiary, Citiva are celebrating the groundbreaking of its medical cannabis facility.

Citiva is one of only ten licensed medical cannabis producers in New York State. This location used to be the Mid-Orange Correctional Facility, and will eventually support up to 125,000 square feet of total cultivation and processing space, with an estimated yearly medical cannabis production of 2,400 kg.

“We’re excited to be taking the first steps in building out our robust and comprehensive medical cannabis program in the State of New York. The iAnthus and Citiva teams have worked incredibly hard to reach this milestone,” said Hadley Ford, CEO of iAnthus Capital. “The growth and success of our Warwick facility will lay the foundation for the rest of our operations across New York State, and we look forward to continued expansion, development, and most importantly, service to our patients, through our vertically integrated operations.”

According to the company statement, Phase 1 of the buildout is projected to be completed in the first half of 2019. The Warwick site can eventually support up to 125,000 sq. ft. of total cultivation and processing space and will be built out in several phases. Citiva purchased the eight and a half acres of land for the Warwick facility in May of 2018 for US$526,000.

Warwick is pleased to welcome one of the nation’s leaders in the medical marijuana industry to the Warwick Technology Park and is honored that Citiva has found a home in our town,” said Michael SweetonTown of Warwick Supervisor. “Our goal in acquiring the Mid-Orange Correctional Facility was to bring well-paying jobs to the area, and we look forward to seeing this come to fruition through the official groundbreaking of Citiva’s medical cannabis facility.”


Debra BorchardtDebra BorchardtJuly 26, 2018
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3min11020

Emblem Corp. (EMMBF)  signed a non-binding Letter of Intent to acquire all of the issued and outstanding securities in Natura Naturals Inc. that it does not already own for C$25 million in cash, C$12.5 million in mortgage financing and 26,102,941 common shares of Emblem. Emblem recently announced a C$3 million investment in the company and an agreement for 3,000 kg of cannabis supply per year.

The deal is valued at C$76 million (inclusive of Natura shares already owned by Emblem). As a result of this acquisition, Emblem will further its aggressive approach to sales growth both domestically and internationally backed by robust supply from the Natura greenhouse.

“Through the due diligence process of investigating Natura as a supply partner, we uncovered significant synergies between the two organizations,” said Nick Dean, CEO of Emblem Corp. “Providing high-quality products to Emblem’s medical and adult-use audiences continues to be our top priority. With the added capacity from Natura, we are able to aggressively pursue our focus on product innovation, building great brands and finding distribution partners domestically and internationally.”

Ontario-based Natura operates a 662,000 sq ft licensed greenhouse that is currently undergoing a phased conversion and retrofit that is expected to bring up to 15,000 kg of annualized cannabis production online in 2018. Once completed in 2019, the facility is expected to bring total annualized cannabis production capacity to approximately 70,000 kg per year. Natura will also bring 32 proprietary cannabis strains to Emblem’s library, significantly increasing Emblem’s intellectual property.

According to the company, Emblem currently has supply agreements with Shoppers Drug Mart nationally, the Alberta Gaming and Liquor Commission, and has an LOI to form a joint venture with German pharmaceutical wholesaler Acnos Pharma GmbH. Emblem also has submitted an application to supply the Ontario Cannabis Stores in Ontario. Under Emblem’s portfolio, it is expected that Natura will be a stand-alone brand in the adult-use market, joining Symbl, Emblem’s recently launched recreational brand.

In light of the Natura acquisition, Emblem has made the decision to suspend greenhouse construction plans at their Paris Road location. The construction of Emblem’s GMP certified lab located at their Woodslee location will continue with an anticipated completion date of December 2018.



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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


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