Business
MJardin’s Atlantic Canada Facility Reaches Full Production Capacity in 4 Months
MJardin’s Atlantic Canada Facility Reaches Full Production Capacity in 4 Months.
About this update from Mjardin Group Inc
[{"type":"text","content":"\nTORONTO and DENVER, April 18, 2019 (GLOBE NEWSWIRE) -- MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), is pleased to announce that its joint-venture AtlantiCann Medical Inc. (“AMI”) facility located in Lower Sackville, Nova Scotia has now reached its full production capacity in an impressive four months since receiving its cultivation and processing license on December 7, 2018.  AMI is a three-way joint-venture consisting of Nova Scotia Mi’kmaq First Nations (51%), MJardin Group, Inc. (39%) and the Halef Group (10%).\n Phase 1 of the AMI complex is a 48,000 square foot cultivation and extraction facility with a full production capacity of 4,700 kg of flower and trim. In just four months since the AMI team received its cultivation license, the facility has propagated all flower rooms with a total of 6,000 plants, 3,600 of which are currently in flower stage. Phase 2 of the AMI complex will expand production to approximately 8,550 kg of flower and trim by adding another 20,000 square feet of capacity. “The impressive turnaround time to reach full production capacity at AMI is a testament to the skilled experts we have within our Company and our dedicated team in Lower Sackville,” noted Christine Halef, SVP of Atlantic Canada Operations. “MJardin is drawing from 10 years of hands on experience cultivating premium cannabis with high yields in the United States.” “We are very pleased with the progress that the AMI team has already made in Nova Scotia and the speed at which our facility is moving,” noted Chief Terrance Paul, Co-Chair of the Assembly of Nova Scotia Mi’kmaq Chiefs. “We performed a high degree of due diligence to find the right partners, and this latest milestone is a reflection of our confidence in MJardin’s experience, knowledge and capabilities.” The AMI complex is currently working towards its Good Manufacturing Practices (“GMP”) certification which would allow for product export to international markets. Additionally, extraction capabilities are expected to be implemented in Q4 of 2019 in time for the legalization of additional cannabis products. About MJardin Group MJardin is a cannabis management platform with extensive experience in cultivation, processing, distribu...