Designer And Builder Of CEA Facilities Inks $14M Contract For Expansion Of Indoor Cannabis Cultivation Facility In Ohio

DAG, a designed and builder of Controlled Environment Agriculture (CEA) facilities for the indoor agriculture industry, has been awarded a new contract for a $14 million expansion project for Ascension Biomedical's indoor cannabis cultivation facility.

Ascension is an Ohio-owned craft cultivation facility committed to using clean growing practices, as well as harvesting and trimming 100% by hand, which helps preserve vital terpenes and cannabinoids, showcasing the unique characteristics and expressions of each cultivar.

"We are looking forward to expanding our cultivation operations to further serve the patients and consumers of Ohio," said Fadi Boumitri, CEO of Ascension. "We engaged with DAG to help ensure our facility can produce the highest quality flower in Ohio from the moment it comes online. DAG has a reputation for getting cannabis facilities operational and performing at a high level, and that is exactly what we are expecting here.”

Ascension's craft operation is in a custom-built, 19,328-square-foot facility in Oberlin, Ohio. The expansion will add 27,314 square feet, totaling 46,642 square feet. The existing building will be adapted for post-harvest use and the new building will be utilized for cultivation. With a newly constructed 40-foot high cultivation facility, the project will be comprised of two identical floors. This allows for a homogenous standard operating procedure, uniform canopy design, and production resulting in a greater yield of high-quality product.

DAG is leading the pre-construction phase of the project handling design documentation, early procurement, and establishing final cost components. DAG has utilized the services of Core Design Group for the preparation of fully detailed construction drawings. Construction is commencing June 2024 with an estimated completion in March 2025. 

"It is a privilege to work with Ascension to help expand its indoor cannabis cultivation facility in Ohio delivering integrated planning, design, and construction services," DAG CEO Mark Gemignani said in a statement."We are proud to collaborate with companies such as Ascension that are focused on providing a consistent, premium-level quality product."

Related links:

Top Ohio Cannabis Companies: Analysts Look At Stocks With Potential Market Cap Gains

GOP Lawmakers Seek To Alter Ohio’s Cannabis Home Grow Rules, Advocates Call The Move A ‘Blatant Violation’

Join the Benzinga Cannabis Market Spotlight in New Jersey on June 17th! Grow your business, raise money and capitalize on the booming NJ recreational market. Don't miss this must-attend event in New Brunswick. Secure your tickets now. Very few spots are left. Use the code “JAVIER20” for 20% off

Photo: Courtesy of Owlie Productions via Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsAscension BiomedicalDAGFadi BoumitriMark Gemignanipremium
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Top Cannabis Event In New Jersey

Join the Benzinga Cannabis Market Spotlight in New Jersey on June 17th! Grow your business, raise money and capitalize on the booming NJ recreational market. Don’t miss this must-attend event in New Brunswick. Secure your tickets now. Very few spots are left. Use the code "JAVIER20" for 20% off!


Loading...