Waterloo Brewing Secures Research License to Produce Cannabis-Infused Beverages

Published: August 15, 2019

Waterloo Brewing Secures Research License to Produce Cannabis-Infused Beverages

Waterloo Brewing Ltd., Ontario’s largest Canadian-owned brewery, today announced receipt of its research license for cannabis-infused beverages. The Company is on track to be ready to commercially produce such products for 2020.

“The cannabis market has garnered a great deal of investor interest and after an in-depth review of our strategic options, the Company is positioning itself to be a major producer of CIB’s and to take full advantage of this new and developing beverage category,” stated George Croft, President and CEO, Waterloo Brewing. “We plan to be the production partner of choice for the beverage cannabis business.”

“We believe that due to technical infrastructure issues related to the licensing and commercial production of cannabis-infused beverages, we will be one of the few beverage production facilities capable of producing these products,” said Russell Tabata, Chief Operating Officer.  “We have the equipment, the scale, the technical know-how and the speed to be able to pull this off in this extremely tight timeframe,” added Mr. Tabata.

“Cannabis-infused beverages is an unprecedented growth opportunity with an estimated market value of $1.5 billion,” concluded Croft “and we are now in a highly advantaged position to deliver significant value for our investors.”

Waterloo Brewing is Ontario’s largest Canadian-owned brewery.  The Company is a regional brewer of award-winning premium quality and value beers and is officially certified under the Global Food Safety Standard, one of the highest and most internationally recognized standards for safe food production.

Recent News

View All News Items

Latest Article

How Database Integrations Can Improve Every Step in Your Cannabis Supply Chain Labeling

How Database Integrations Can Improve Every Step in Your Cannabis Supply Chain Labeling

At any step in the cannabis supply chain, your labeling system should allow for full control and traceability, from seed to sale. Implementing lean principles and labeling best practices across the cannabis supply chain can help you streamline your seed-to-sale labeling process and help you gain control.

Click below to read the full blog and learn how to reduce waste, cut costs, and gain efficiency with cannabis labeling: https://bit.ly/2KwZ5IQ

Read Article