Greenhouse near Grimsby sold to cannabis company
A greenhouse near Grimsby will soon specialize in a different kind of grow.
Up Cannabis Incorporated, or UP, has announced that it has agreed to acquire a greenhouse facility, equipment, and over 16 acres of land from Westbrook Greenhouses Limited.
The package deal is worth approximately $7.3 million.
UP is a licensed producer of medical cannabis based in Brantford, Ontario that received its cultivation license on December 19th, 2016.
Jay Wilgar, CEO of Newstrike, UP's parent company estimates an annual production capacity total of almost 15,000kg.
The growing platform is situated on the QEW corridor in Beamsville.
The greenhouse currently produces orchids and other potted plants.
Officials say it will be supported by a skilled workforce with site-specific experience.
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