• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Cannabis Market
    Cannabis News
    Cannabis Stocks
    • Cannabis Market
    • Cannabis News
    • Cannabis Stocks
    cannabis investing

    CannTrust Announces Agreement with Envest

    Bryan Mc Govern
    Mar. 15, 2018 09:27AM PST
    Cannabis Investing News

    CannTrust Holdings announced the execution of a long-term agreement with Envest for low-cost heat and power in its Niagara facility.

    CannTrust Holdings (TSX:TRST) announced the execution of a long-term agreement with Envest for low-cost heat and power in its Niagara facility.

    As quoted in the press release:

    “Cultivating cannabis at scale, even in a greenhouse, requires significant amounts of supplemental heating and lighting. Given that these are two of the major components in the cost of cultivation, the implementation of a 10 megawatt cogeneration solution at our Niagara facility will ensure that we are one of the lowest cost producers in the industry. After almost a year researching cogeneration we are thrilled to partner with Envest due to their industry expertise and comprehensive solution” said Eric Paul, Chief Executive Officer of CannTrust.

    “Envest is pleased to provide CannTrust with a comprehensive cogeneration solution that supports its growing need for a long-term secure supply of energy and enhances its position as a low-cost cannabis producer,” said Jason Moretto, Chief Executive Officer of Envest.

    Click here to read the full press release.

    Source: www.newswire.ca

    cannabis investing
    The Conversation (0)

    Go Deeper

    AI Powered
    cannabis plants with bitcoin

    Cannabis Weekly Round-Up: Software Firm Pivots to Bitcoin Mining

    CSE:CANN

    Heritage Cannabis Corp’s Subsidiary CannaCure Signs Genetics Agreement with CannTrust

    Latest News

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Cannabis Investing News Stocks

    extractX

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×