Biome Grow acquired Great Lakes Cannabis on March 2, 2018. Great Lakes Cannabis is in the late stages of a cultivation license application to Health Canada pursuant to the ACMPR in respect of a facility in Norwich, Ontario (the P-209 Application). The application is in the detailed review stage. Great Lakes Cannabis expects to be in a position to receive a cultivation licence shortly after work on the Ontario Facility is complete.
The ACMPR application involved the retrofit of an approximately 12,000 square foot building that was converted for ACMPR standards (the Ontario Facility). The Ontario Facility will then grow to be 87,000 square feet in size and built in two phases. Phase I will be 12,000 square feet and expected to be completed by way of retrofitting an existing building in the fourth quarter of 2018. Phase II will be a 75,000 square foot new build expansion of the facility and is currently targeted for completion in the fourth quarter of 2018.
The purpose of the Ontario Facility will be to primarily supply products to the other provinces Biome Grow operates in and is a Licensed Producer in, until Biome Grow's domestic production capacity in those other provinces is sufficiently brought on-line in 2019.