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Sugarbud Submits Affirmation of Readiness and Video Evidence Package to Health Canada Pursuant to Cultivation License Application
Sugarbud Submits Affirmation of Readiness and Video Evidence Package to Health Canada Purs...
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[{"type":"text","content":"\n\n\n\nSugarbud Submits Affirmation of Readiness and Video Evidence Package to Health Canada Pursuant to Cultivation License Application\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\nCALGARY, March 6, 2019\n\n\n\nTSX-Venture Exchange: SUGR, SUGR.WT \n CALGARY, March 6, 2019 /CNW/ - SugarBud Craft Growers Corp. (\"SugarBud\" or the \"Company\") is pleased to announce the submission of its Affirmation of Readiness and Video Evidence Package (\"Evidence Package\") to Health Canada. The submission of the Evidence Package is the final step, under SugarBud's control, related to the receipt of a cultivation license from Health Canada in respect of the Company's cannabis cultivation facility at Stavely, Alberta (the \"Facility\"). The submission of the Evidence Package is a significant achievement for SugarBud in its objective to become a leading provider of medicinal and recreational cannabis in Canada.\n\n \n \n\n \nPresident and Chief Executive Officer Craig Kolochuk stated: \"We are extremely pleased to have submitted the required documentation to Health Canada to produce cannabis. This Evidence Package is a significant milestone in SugarBud's evolution toward the cultivation of premium, genetically characterized cannabis at its state-of-the-art vertical facility. Submission of the Evidence Package within just six months of commencing construction at Stavely is a fantastic achievement. Many thanks to Sugarbud's high-functioning team for their great work in pulling together this purpose-built facility.\"\nPhase 1 of the Facility is comprised of 29,800 total square feet of floorplate. SugarBud estimates that under a full development scenario with four layers of flowering canopy, Phase 1 of the Facility will have up to 37,000 square feet of flowering canopy. At a metric of 50 grams per square foot of flowering canopy per crop, and five crops per year, this equates to up to an estimated 9,250,000 grams of dried cannabis flower production per year.\nAbout SugarBud \nSugarBud is an Alberta-based emerging cannabis company engaged in the development, acquisitio...