Canada’s Alliance One International To Expand Cannabis Cultivation Significantly

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Alliance One International, Inc. (AOI)  said that its Canadian Prince Edward Island-based indirect subsidiary, Canada’s Island Garden, will undergo a significant expansion to support the growth of its Canadian cannabis line. Canada’s Island Garden is Prince Edward Island’s only federally licensed producer of cannabis. This expansion will increase Canada’s Island Garden’s production capacity to an excess of 35,000 kilograms. The first phase of the expansion will include a 166,000 square-foot greenhouse and a 54,000-square-foot warehouse, which will cost the company $27 million or C$35 million. The second phase will add an additional 90,000 square feet of greenhouse space. According to a company statement, Phase 1 will increase the facility’s annual production capacity from 1,200 kilograms to 18,000 kilograms and is expected to be complete in spring 2019. Canada’s Alliance One International To Expand Cannabis Cultivation Significantly

thumbnail courtesy of greenmarketreport.com

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