• 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

    Liht Cannabis Announces Joint Venture For Second Project in British Columbia

    Jocelyn Aspa
    Feb. 06, 2019 09:41AM PST
    Cannabis Investing News

    Liht Cannabis (CSE:LIHT,OTCQX:LIHTF) has announced it has entered into a joint venture with a private British Columbia corporation, 1186626 BC Ltd, for its second cannabis cultivation property in Chase, BC. As quoted in the press release: 1186626 B.C. Ltd. is in the final stages of acquiring a 120 acre parcel of land zoned “Approved Use” …

    Liht Cannabis (CSE:LIHT,OTCQX:LIHTF) has announced it has entered into a joint venture with a private British Columbia corporation, 1186626 BC Ltd, for its second cannabis cultivation property in Chase, BC.

    As quoted in the press release:

    1186626 B.C. Ltd. is in the final stages of acquiring a 120 acre parcel of land zoned “Approved Use” by the Thompson-Nicola Regional District (the “TNRD”) for the purpose of developing and operating bio-secure organic cannabis production facilities of up to 486,000 square feet. The project will be financed by 1186626 B.C. Ltd with an approximate cost to lock-up stage of C$81,600,000. Ground work to commence as soon as weather permits.

    Liht proposes to attach a secondary license to the Chase property, whether through extending its current late stage Health Canada application, which is attached to the Celista property (if and when it is granted), acquiring an individual secondary license or a late stage license application.

    This ideal property has been selected for a number of reasons:

    • Approved Use by the TNRD
    • Close proximity to Highway 1, the main route of the Trans-Canada Highway through British Columbia, allowing for future distribution coast to coast
    • Multiple natural springs for an abundance of exceptional water
    • Labour resources from the Thompson-Nicola Region
    • Emergency services adequately meet Health Canada guidelines

    Click here to read the full press release.

     

    cse:lihtcannabis investingcannabis cultivation
    The Conversation (0)

    Go Deeper

    AI Powered
    Quizam Media Quantum 1 Cannabis Russ Rossi

    Quantum 1 Cannabis CEO Russ Rossi: Increasing Customer Base and Eroding the Cannabis Black Market

    Cannabis Weekly Round-Up: Shake Up for Canada’s Retail Market

    Cannabis Weekly Round-Up: Shake Up for Canada’s Retail Market

    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
    ×