) (OTCPK: AGFAF) is pleased to provide 2021 phase 1 guidance for its cannabis cultivation operations at Propagation Services Canada Inc., the Company’s flagship cultivation asset located in Delta, British Columbia (the “Delta Facility” or “PSC”).
2021 Guidance Highlights:
PSC to complete dry room infrastructure slated to provide capacity for ~500,000 grams of dried saleable product;
Projected to begin executing on wholesale transactions in May 2021;
Delta to grow 10,000 plants for first saleable harvest and expects to yield 50 grams per plant (Based on test 2020 test harvest);
PSC strategy remains to be positioned as the leader in pricing of low-cost, high THC cannabis for 2021;
AgraFlora to release 5 different varieties for first sale to wholesale partners