• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

HEXO Receives Licensing for Two More Zones in 250k sq ft Greenhouse

June 26, 2018

 

GATINEAU, Quebec, June 26, 2018 -- /D.M.O. Newswire/ --  The Hydropothecary Corporation (TSX:HEXO) (“HEXO” or “The Company”)  is pleased to announce that four zones of its 250,000 sq. ft. greenhouse expansion are now licensed by Health Canada.

 

The licensing of two additional zones aligns with HEXO’s continual harvest methodology, which splits the greenhouse into zones that can be tailored to each stage of plant growth.

 

“Four of ten zones now have plants in and are fully operational, the other zones will follow in the coming weeks, with all 10 zones set to be operational by August,” said HEXO CEO and co-founder, Sébastien St-Louis.

 

“We are confident we will be ready to fulfill our contract as the preferred supplier to the Société québécoise du cannabis (SQDC), and are excited to see what the future holds. These ongoing expansions, along with our innovative, high-quality products, put us in an optimal position as we continue discussions with other provincial authorities,” added Mr. St-Louis.

 

About HEXO


HEXO creates and distributes innovative, easy-to-use and easy-to-understand products to serve the Canadian cannabis market. One of the country’s lowest-cost producers, HEXO is rapidly increasing its production capacity in the lead up to the adult-use cannabis market. The Company currently operates with 300,000 sq. ft. of production capacity and has another 1,000,000 sq. ft. expansion set to be complete by year end. HEXO will serve the adult-use market under the HEXO brand, while continuing to serve its medical cannabis clients through the well-known Hydropothecary brand.

Please reload

LATEST NEWS
Please reload

Please reload

DMO

© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.