After Successful Inaugural Harvest in 2020, Christina Lake Cannabis Announces Plans to Exp…

/EIN News/ — VANCOUVER, British Columbia, Dec. 11, 2020 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE:CLC) (FRANKFURT: A2QEGJ) is pleased to announce that after a successful inaugural harvest from the 2020 growing season which exceeded production targets by over 44%, it is planning to expand its grow operations in 2021 to capitalize on the several unique advantages that can be had by growing cannabis outdoors in Christina Lake, BC. The contemplated expansion includes the utilization of up to approximately 85 acres of arable land in addition to the 18 acres on which CLC’s 2020 harvest was grown, as well as timing strategies that could allow certain strains grown by the Company to be “turned over” twice in a growing season. The Company’s production methodology, which is built around using natural methods such as growing with sunlight and abstaining from the use of pesticides or fungicides, will be kept the same in any potential expansion of CLC’s growing activities under the leadership of its master growers who recognize the importance of growing cannabis naturally.

With approximately CAD $20 million raised to date, CLC has realized favourable financial outcomes in its first operating year on account of the exceptionally low fixed costs of…

Original Author Link click here to read complete story..

Latest posts