VIVO Cannabis announces Health Canada approval for Hope expansion, doubling production capacity in British Columbia

Published: March 25, 2019

VIVO Cannabis announces Health Canada approval for Hope expansion, doubling production capacity in British Columbia

VIVO Cannabis Inc. announced that the Company’s wholly-owned subsidiary, Canna Farms Ltd., has received approval from Health Canada to begin cultivation in the expansion of its Yale Road facility in Hope, BC, resulting in a doubling of the Company’s cultivation capacity in the province. The expansion includes production and product development space, along with automated packaging equipment expected to be incorporated into the facility and brought on-line mid 2019. Cultivation in the expanded area is expected to commence in May 2019.

“Today’s approval of the Hope, British Columbia expansion is in addition to the Napanee, Ontario capacity increase approved by Health Canada yesterday,” said Barry Fishman, Chief Executive Officer at VIVO. “With the additional cultivation from Hope, VIVO’s current annual production capacity is now more than 8,000 kilograms with a goal to reach 11,000 kilograms later in 2019.”

Dan Laflamme, Canna Farms President and Chief Operations Officer for VIVO added, “While we continue to grow production capacity at Canna Farms, we remain committed to being able to deliver craft quality BC bud. Through small-batch growing techniques, Canna Farms offers a varied selection of award-winning, hand-trimmed cannabis for both medical and adult-use products. As BC’s first licensed producer, we are proud of our legacy and reputation for quality, which remains our first priority.”

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