New Cannabis Cultivation Site for Harvest One
Perth, May 30, 2018 AEST (ABN Newswire) - MMJ PhytoTech Limited (
ASX:MMJ) ("MMJ") notes the attached announcement (see link below) by Harvest One Cannabis Inc. (CVE:HVT) ("Harvest One") that its wholly owned subsidiary, United Greeneries, has entered into a five-year lease agreement, with three five year renewal options, for a mainland site ("The Aldergrove Site") that will meet all previous announced capacity targets.
The Aldergrove Site will allow Harvest One to begin construction by the end of August 2018. The facility has a fully built 30,000 square foot building that will be used as the cultivation area and requires minimal renovations, which will allow for a rapid build out of the facility. The entire facility is comprised of over 59,000 square feet and will likely exceed the previously announced capacity target of 8,000kg of cannabis per annum.
To view the announcement, please visit:
http://abnnewswire.net/lnk/Q2M9G56Q
About MMJ Group Holdings Ltd
MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: https://www.mmjphytotech.com.au/investors/
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