MYM held a ribbon cutting ceremony for its 1.5 million square foot facility in Weedon, Quebec.
The official ground-breaking ceremony took place on Tuesday, June 19, 2018 at 2pm at the project site in Weedon, Quebec. The ribbon cutting ceremony and press conference launched the construction of fifteen medical cannabis greenhouses. MYM Chairman of the Board Erick Factor and CEO Rob Gietl, was joined by the Mayor of the municipality of Weedon, Mr. Richard Tanguay.
MYM management announced the latest news regarding the Weedon project that will require investment of $200 million and create 400 new direct jobs. The project will generate over $30 million annually for local and provincial governments as shown in a Deloitte study commissioned by MYM. Mr. Factor and Mr. Gietl, together with Mayor Tanguay, answered questions regarding all aspects of the project with the media.
"The Weedon Project is one of the largest private investment and economic development initiatives to materialize in the Eastern Townships in decades," said Rob Gietl, CEO of MYM. "We are looking forward to discussing the project details with the local media and citizens of the Eastern Townships."