11 Sep 2017

Canadian marijuana producer Tweed to triple operational space

Tweed Farms – a subsidiary of Canopy Growth Corp. and the largest licensed cannabis producer in Canada – is poised to get even bigger after purchasing land near its current site at Niagara-on-the-Lake, Ontario, and beginning construction on existing properties. Once completed, the construction will bring Tweed’s total greenhouse space to more than 1 million square feet and triple its overall production space, the company said in a news release. The land cost Canopy 9 million Canadian dollars ($7.4 million) – CA$6 million in cash and CA$3 million in equity – according to the release. The 111,366 common shares issued at ... Canadian marijuana producer Tweed to triple operational space is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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