[Brutopian]

CanniMed plans $10.5 million expansion at Saskatoon plant

Alex MacPherson, Saskatoon StarPhoenix
April 19, 2017

Canada’s first licensed medical marijuana producer is planning a $10.5 million expansion at its facility southeast of Saskatoon, which it says could allow for the production of up to 720,000 litres of cannabinoid oil each year.

That’s the equivalent of 12 million 60-millilitre bottles of oil, CanniMed Therapeutics Inc. said in a news release announcing the facility, which is expected to take about 20 months to build and create 25 new full-time jobs.

“The expansion of our oils processing capacity will ensure ample supply of cannabinoid-based raw materials for future product development and innovation,” CanniMed president and CEO Brent Zettl said in a statement.

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http://thestarphoenix.com/business/l...askatoon-plant