Medical Applications are Driving Cannabis Sales and Legalization Across North America - Seite 2

"The milestones achieved in the last 12 months exemplify the break-out year we've had at WeedMD as we continue tracking to schedule and budget, while we refine our cannabis production methods and set benchmarks for cultivation in Canada," said Keith Merker, CFO of WeedMD. "Additionally, we've been increasing our headcount since the start of the year in anticipation of this licence, giving us ample time to train our new talent to hit the ground running as we begin expanded cultivation operations. With our state-of-the-art grow facilities, investment in talent acquisition, and the transformational merger announced recently with Hiku Brands Company Ltd. ("Hiku"; CSE: HIKU) (read here), we are positioning the Company and its shareholders for long-term success."

The Company's expansion into its large-scale modern greenhouse will be the main supply source for its medical cannabis patients, future adult-use consumers across Canada as well emerging international markets.

About WeedMD's Greenhouse 

• Situated on 98-acres of property with 610,000 sq. ft. or 14 acres of existing greenhouse structure in addition to ancillary buildings
• Phase I retrofit represents 220,000 sq. ft. of tempered glass greenhouse which is less than two years old
• With features such as full climate-control, supplemental lighting and black-out curtains, WeedMD has combined the best of indoor and greenhouse cultivation to create a true "hybrid" greenhouse
• Equipped with an on-site unlimited supply of natural clean water
• Modern fertigation system runs on full-recirculation loop which provides an accurate, innovative computerized method of monitoring plant nutrients and water. This will ensure that water is recycled and reused and does not leach into the surrounding area and that WeedMD meets its environmental responsibilities
• Boiler exhaust is scrubbed of CO2, cleaned and then utilized for production providing significant cost savings and ensuring optimal plant growth

With a true-hybrid greenhouse, WeedMD will be able to produce indoor quality cannabis, with maximum efficiency. For more information, access our investor presentation here and corporate video here."