Market Overview

Construction Advancing at Alternabis Farms


Construction Advancing at Alternabis Farms

Canada NewsWire

VICTORIA, Aug. 10, 2018 /CNW/ - Alternabis Farms Ltd. ("Alternabis" or the "Company") is pleased to announce construction is advancing at their new state-of-the-art cannabis production facility on Vancouver Island, British Columbia.

Alternabis (CNW Group/Alternabis)

The family-owned and operated company applied to become a licensed producer of medical cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR) in 2014. The facility is located on a 100-acre farm that is agriculturally zoned and approved for cannabis cultivation.

"Alternabis is a passionate family business with the goal of producing premium and innovative cannabis at an affordable price," said Max Walker, Director of Marketing & Sales.

The 16,000 sq. ft. high-tech and sustainable two-floor facility will house a vast underground area and an upper-level greenhouse. This facility will position Alternabis as a new player in the Canadian cannabis market and allow the company to collect, research and breed cultivars from around the world.

"By building a two floor facility we maximize production space while minimizing our ecological footprint. We plan to use renewable energy as much as possible to run our facility. We have made our commitment to the environment an integral part of our strategy," said Bryan Walker, Director of Cultivation.

The company plans to differentiate itself from competitors by focusing on a patient base that desires exceptional cultivars and growing methods. This requires continuous R&D in order to provide medical patients with the best cannabis available.

"Patients are turning towards specialized cannabis to fulfill their needs," said Patrick Walker, Director of Operations. "Alternabis will produce this high-quality cannabis and make it affordable, accessible and sustainable."

With the new regulations allowing outdoor cannabis production, Alternabis has started to develop the 100-acre farm to produce outdoor cannabis that will be processed in a large extraction facility located on the property.

The property is located in the Cowichan region which is Canada's only Maritime Mediterranean climatic zone resulting in the warmest mean year-round temperature anywhere in Canada.

The indoor facility is expected to be operational by the end of 2018 and the company anticipates a license to cultivate at the beginning of 2019.

About Alternabis

Alternabis is a family-owned and operated business committed to helping medical patients with innovative cannabis products. Their focus on unique cultivars and cannabinoids will sprout some of the highest quality cannabis in the emerging Canadian market.

SOURCE Alternabis

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