12 Oct 2017

Canopy expands to BC with plans for large cannabis greenhouse

Canopy Growth has formed a joint venture with a greenhouse operator to develop a 1.3-million-square-foot marijuana greenhouse in British Columbia. The agreement, announced in a news release, nearly doubles the Ontario company’s total greenhouse and indoor production footprint to 3.2 million square feet across six provinces. Canopy – Canada’s largest licensed medical marijuana producer, with a market capitalization of 2.2 billion Canadian dollars ($1.76 billion) – has an option to develop a 1.7-million square-foot greenhouse at a second location in the province. The greenhouse operator, which was not named in the release, will own one-third of the new company, BC ... Canopy expands to BC with plans for large cannabis greenhouse is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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