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CAN (NL): Canopy Growth secures cannabis site

Canopy Growth Corp. says it has picked the location of its cannabis production facility in Newfoundland — but isn't yet ready to reveal where.

"We're very excited to be making progress in the province and I'm happy to report Canopy has indeed secured the site of our future production facility," company spokesman Jordan Sinclair said in an email to CBC News.

"We will share more details in the weeks ahead on the exact location and path forward. There's a lot of work to do and we're right on track to date."

In December, the Newfoundland and Labrador government signed a deal with Canopy Growth to ensure the province has a "safe and secure supply" of cannabis when it is legalized this coming summer.

As part of the agreement, Canopy Growth pledged to build a production plant on the northeast Avalon. It will be operational by 2019, and create 145 jobs.

Read more at CBC News (Rob Antle)

Publication date: 3/13/2018



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