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Global Canna Labs Formally Receives Tier 3 Cultivating license to Grow Medical Cannabis in Jamaica
Global Canna Labs Formally Receives Tier 3 Cultivating license to Grow Medical Cannabis in...
About this update from Elixxer Ltd.
[{"type":"text","content":"\n\n\n\nGlobal Canna Labs Formally Receives Tier 3 Cultivating license to Grow Medical Cannabis in Jamaica\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 24, 2018\n\n\n\nLGC Capital Ltd.Symbol: TSX-V: LG\n\n\n\nMONTREAL, July 24, 2018 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) (\"LGC\") is pleased to announce that Global Canna Labs Ltd. (\"GCL\") has now formally received its Tier 3 cultivation license from the Jamaican Cannabis Licensing Agency (\"CLA\"). The license allows the company to cultivate organic medical cannabis at its 270,000 square feet facility within its 6.23 acres site in Montego Bay, Jamaica.\n\n\n \n \n\n \nPursuant to its license, GCL has commenced planting 8,000 seedlings for its first cycle.  The first harvest is anticipated in Q4 2018. GCL has also started the expansion of its current growing facility in Montego Bay. GCL is committed to achieving its GGAP (Global Good Agricultural Procedures), GMP (Good Manufacturing Practices) and GMP EU (Good Manufacturing Practices - European Union) certifications in months to come.\n\nGCL is also working towards the acquisition of an additional 300 acres of land in Jamaica. LGC will update the market as this development is finalized.\n\nJohn McMullen, CEO of LGC stated, \"I would like to congratulate the GCL team. Receiving this license instantly adds value to the company and demonstrates the expertise and abilities of the GLC management team. LGC is honoured to be partnering with GLC, which is positioning itself as a leader in the Jamaican cannabis industry and being an active member of the team as it sets its sites on the rest of legal cannabis world.\"  \n\nPaul Glavine, President of GCL states, \"I would like to thank the GCL team for their dedication and hard work. I am excited about what the future brings as the real work begins now.\"\n\nAbout LGC (www.lgc-capital.com)\n\nLGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: LG).  LGC's objective is to become a diversified business group w...