Goldleaf Pharm expands Simcoe site
Goldleaf Pharm has purchased 20 acres next to its current site in Simcoe, ON to build a greenhouse production facility.
"Goldleaf Pharm is advancing through focused expansion in order to meet the needs of Canadians as we prepare for the legalization of recreational cannabis in Canada," says Larry Huszczo, co-founder of Goldleaf Pharm. "The additional 20 acres of land will give us more production space with the ability to grow our current footprint to more than 700,000 square feet."
Goldleaf Pharm is a subsidiary of FIGR Cannabis, a holding company that also owns majority stakes in PEI operation Canada’s Island Garden.
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"Closing this deal moves us toward our overall strategy and investment goal of reaching one million square feet of production space for our Ontario and Prince Edward Island locations,” says Volker Lauterbach, president of FIGR Cannabis. “The Goldleaf Pharm expansion will add well-located production space to support capacity and product development."
Goldleaf Pharm Inc. is in the later stages of application for Health Canada's Access to Cannabis for Medical Purposes Regulations licence to produce and sell medicinal cannabis in Ontario.
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