Canadian federally-licensed producer and distributor WeedMD Inc. (TSXV:WMD) (OTCQX:WDDMF) is planning to significantly expand its existing cannabis cultivation with a large-scale, low-cost, outdoor cannabis grow operation.
WeedMD has applied to Health Canada for approval for outdoor cultivation at its Strathroy greenhouse operation, an expansion that would increase the company’s total production area to over 2.7 million square feet. The new growth space would have the potential to yield over 100,000 kilograms of cannabis in 2020.
Once approved, WeedMD will start with Phase 1 of the expansion with an initial 25-acre cannabis growth operation, which ...
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