September 13, 2017 By Dave Harrison
Sept. 13, 2017, Niagara-on-the-Lake, Ont. – Tweed Farms Inc., wholly owned subsidiary of Canopy Growth Corporation and operator of the largest known licensed cannabis production facility in the world, has finalized the purchase of a parcel of land adjacent to its current facility in Niagara-on-the-Lake, including an operational 458,000 sq. ft. greenhouse.
In addition to the newly acquired asset, construction has commenced on an additional 212,000 sq. ft. of state-of-the-art greenhouse to be located on the current Tweed Farms property, to be completed by April 2018.
All told, Tweed Farms will soon be home to over one million square feet of greenhouse space under glass, plus post-harvest facilities, including a recently renovated 10,000 sq. ft. of updated space for new drying rooms and an upgraded laboratory.
“We see a long-term need for a diversified and exponentially larger footprint here in Canada balancing indoor and greenhouse growing platforms,” said Bruce Linton, chairman and CEO of Canopy Growth.
RENOVATIONS TO BEGIN IN OCTOBER
Design has already begun on the renovation of the newly acquired facility and the retrofit is set to commence in October 2017. Some of the many upgrades will include: new irrigation systems, environmental controls, automation, and shading systems, all designed to maximize yields in an environmentally friendly way while meeting the Tweed quality standards for indoor and greenhouse growing.
The planned expansions will create well over 100 full time jobs in an emerging sector, on top of the construction jobs and other spillover employment opportunities that come along with this scale of expansion in the region.
Tweed Farms has been a welcome and active member of the Niagara-on-the-Lake community since 2014, representing a new and growing market, while contributing to the local economy in a sustainable way. The Company is proud to make this next level of economic commitment to its community.
Tweed Farms will continue to grow and harvest a variety of genetics to support growing demand for dried flower, oil and Softgel capsule cannabis products. The current fall harvest will soon be underway and will be the third consecutive crop utilizing the full 350,000 sq. ft. of flowering space, positioning the team for a successful transition to supporting a full million-square-feet of production space in 2018.
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