WeedMD (TSXV:WMD,OTCQX:WDDMF) announced its Aylmer, Ontario facility will be converted to a cannabis extraction and processing operation.
As quoted in the press release:
“WeedMD is optimizing its two licensed facilities to allow each to focus on a core vertical and to streamline our operations. We are transitioning the Aylmer site to produce a wide range of extracts and concentrates,” said Keith Merker, CEO of WeedMD. “All cultivation has been consolidated to our greenhouse and outdoor Strathroy facility, which is delivering consistently improving yields at increasingly competitive costs.”
WeedMD is retrofitting its Aylmer operation into a purpose-built cannabis oil extraction facility that will be operational by summer 2019. Additional details:
- WeedMD is building on its experience in extract production, having processed oils onsite at Aylmer since June 2017
- The site is fully licensed for cannabis oil production and sale
- The Company will have four extraction lines in operation with the ability to process over 200,000 kilograms of biomass annually