NAPANEE, Ontario – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) (“VIVO” or the “Company”) as we speak introduced its wholly-owned subsidiary, Canna Farms Limited (“Canna Farms”), has obtained all crucial Health Canada approvals to start operations in its Phase 5 growth, and that its wholly-owned subsidiary, ABcann Medicinals Inc. (“NCC”), has begun business manufacturing in its ethanol extraction suite.
Facility Expansion Approval in Hope, British Columbia
The Phase 5 growth consists of 10,000 sq. ft of manufacturing area custom-made to include Canna Farms’ two-tier rising methods, in addition to vegetative rooms, mom rooms, storage vaults and processing rooms.
The two-tier rising system undertaking was initiated in early 2019 and underwent intensive analysis and growth to make sure that Canna Farms’ yield, efficiency and product high quality requirements are maintained.
“Health Canada’s approval of Phase 5 is a major milestone for the Canna Farms team because our two-tiered approach will allow us to grow twice as many plants in the same footprint as most conventional cultivators, allowing us to meet the growing demand for craft quality cannabis,” mentioned Dan Laflamme, President of Canna Farms.
“In addition to our two-tiered production, Phase 5 is equipped with three processing rooms to provide space for our automated pre-rolled machine, expected to be commissioned this summer, and for expanded production of our solvent-less extracts including kief, bubble hash, and various forms of rosin,” defined Mr. Laflamme.
The new facility growth is anticipated to start out working instantly as clones and processing gear have already been sourced in preparation for licensing, accelerating VIVO’s use of the area by a number of weeks.
New Extraction Suite in Napanee, Ontario
The commissioning of NCC’s ethanol extraction suite has additionally been accomplished and business manufacturing is underway. The extraction system has the capability to course of as much as 200 kilograms of dry biomass per day. Additionally, distillate is now being produced at NCC utilizing a brand new distillation column. The ensuing top quality, low manufacturing price resins and distillates can be used as inputs for VIVO’s oil, vape cartridge, and different Cannabis 2.zero merchandise and will complement Canna Farms’ solvent-less concentrates.
“We are excited to bring our ethanol extraction processes on-line, particularly given the strong demand for the concentrates that we are now producing,” mentioned Gary McMullen, NCC President. “The team in Napanee is proud to now be able to process our home-grown strains into multiple premium quality product formats. Bringing the manufacturing of these extracts in-house rather than using third-party suppliers is expected to significantly reduce our product costs and allow us to tightly control our product quality.”
About VIVO Cannabis
VIVO Cannabis is acknowledged for trusted, premium hashish merchandise and providers. It holds manufacturing and gross sales licences from Health Canada and operates world-class indoor and seasonal airhouse cultivation amenities with proprietary plant-growing expertise in Hope, British Columbia and Napanee, Ontario. VIVO has a group of premium manufacturers, every focusing on completely different buyer segments, together with Canna Farms, Beacon Medical, Fireside, Fireside-X, Lumina and Canadian Bud Collection. The Company is increasing its manufacturing capabilities and distribution community. Harvest Medicine, VIVO’s patient-centric, scalable community of medical hashish clinics, has serviced over 100,000 affected person visits. VIVO is pursuing a number of partnership and product growth alternatives and is focusing its worldwide efforts on Germany and Australia. The Company has a wholesome steadiness sheet and is well-positioned to speed up its path to profitability. For extra data go to: https://www.vivocannabis.com/