AgraFlora Organics Expects to Enter Edibles Market in Q1
VANCOUVER, British Columbia, Jan. 13, 2021
) (OTCPK: AGFAF) is pleased to provide an update on the Company’s entrance to the edibles market with the completion of the first phase of R&D trials at its Health Canada licensed 51,000-Square-foot fully-automated edibles manufacturing facility in Winnipeg, Manitoba (the “
Edibles Facility”).
Prior to receiving a standard processing license from Health Canada, AGRA commenced (See press release dated August 27, 2020) cultivating long-term production relationships through Research and Development (“
R&D”) trials utilizing the Company’s Health Canada R&D license. The development phase of the R&D trials is now complete and the company has created efficient processes for desired formulations and product varieties and expects to enter the edibles market in Q1 of 2021.
AgraFlora Organics Receives Standard Processing Licence for its Winnipeg Edibles Manufacturing Facility - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
) (OTCPK: AGFAF) is pleased to announce that on December 11, 2020, the Company received a newly issued Standard Processing License (the
Manufacturing License ) from Health Canada for AgraFlora s 51,000-Square-foot fully-automated edibles manufacturing facility in Winnipeg, Manitoba (the
Edibles Facility ).
James Fletcher, EIC Co-Founder and Operational Manager stated, We are delighted to receive the Manufacturing License at our Edibles Facility within our outlined timeframe. Our strong evidence package submission is a testament to the hard-working team we have assembled. We are now able to commercialize our formulations and bring to market cannabis activated pectin and gelatin gummies, hard candy, and sugar-free variants.
The Company will continue to focus on completing long-term production relationships through the culmination of the recently announced (See press release dated August 27, 2020) Research and Development (
) (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