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Tweed’s Greenhouse Facility Receives Health Canada License

Charlotte McLeod
Aug. 11, 2014 11:18AM PST
Life Science Investing

Tweed Marijuana Inc. (TSXV:TWD) announced that its greenhouse facility in Niagara-on-the-Lake has received its Health Canada license.

Tweed Marijuana Inc. (TSXV:TWD) announced that its greenhouse facility in Niagara-on-the-Lake has received its Health Canada license.

As quoted in the press release:

The license has enabled Tweed to commence growing activities in approximately 10% of the entire 350,000 square foot facility. Tweed Farms will produce the initial crop while concurrently working to expand its growing area and other permitted activities under the MMPR license as issued on August 8, 2014.

Tweed Farms utilizes rainwater harvesting from the roof surface of our glass greenhouse, water recirculation and re-use, and CO2 capture strategies to produce medical marijuana in a very sustainable way. The entire facility is expected to have the potential to produce up to 45,000,000 grams per year of marijuana based upon expanding our licensing to the full square footage of the greenhouse.

Bruce Linton, chairman and co-founder of Tweed, commented:

I am delighted with the efficiency of the overall organization in bringing Tweed Farms into production thereby enabling Tweed to have industry leading production potential as we ramp to 2015. Tweed is now the first geographically diversified, multi-licensed producer in Canada and will seek to accelerate production from this leadership position.

Click here to read the full Tweed Marijuana Inc. (TSXV:TWD) press release.

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