Molecule Holdings Inc., a craft-focused Health Canada licensed Canadian cannabis beverage production company, is happy to provide an operational and corporate update.
On September 22, 2020, Molecule’s custom-built flash pasteurizer arrived in Canada from Ireland. Fit up and installation will begin immediately, enabling Molecule to achieve its goal of bringing craft cannabis beverages to Canadian consumers. Molecule received its cannabis processing licence on February 28th, 2020, covering 200,000 sq. ft. of total space.
“This flash pasteurizer is the last piece of equipment we need to begin beverage production and we are excited to begin ramping up to an eventual capacity of 20 million cans per year,” said Phil Waddington, President and CEO of Molecule.
Client Partnership News & Product Development
In addition to the completion of our state of the art, high-capacity facility, the team is currently in the final stages of negotiations for the first group of client-partners. Product launches are expected once beverage trials are completed.
Molecule has formulated over 80 beverages in the past year and a half. The anticipated launch of Molecule’s line of collaboratively-produced craft beverages remains on track for Q4, 2020. As news about progress evolves regarding client relationships, product development, and provincial wholesale relationships, Molecule will continue to provide timely updates on an ongoing basis.
Molecule works with client-partners to engage in the production of cannabis-infused beverages and edibles. We provide the infrastructure, know-how, technology, and licensing for craft producers to create consumable cannabis products. Molecule’s goal is to be the on-ramp for companies wishing to enter into the cannabis beverage and edibles market, but who choose not to go through the significant process of obtaining the required cannabis licences.