Darcy Bomford, founder and Chief Executive Officer of True Leaf, and True Leaf chairperson and former B.C. Premier Mike Harcourt will be in attendance.
This ceremony will kick-off phase one construction on a 16,000-square-foot hydroponic grow building and a 9,000-square-foot building housing laboratory services, extraction, and post-production processing.
Construction is expected to be completed this summer, with the first crop produced in the fall.
True Leaf anticipates the first phase of the build will include annual production of 2,500 kilograms of dried cannabis once the facility passes Health Canada’s inspection and the company becomes a licensed producer.
The company's application to produce and distribute cannabis under Health Canada’s Access to Cannabis for Medical Purposes Regulations has completed the security clearance stage.
Bomford said True Leaf will “acquire the best talent and technology available to help us fulfill our commitment to producing premium products.”
Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc. The Company’s goal is to provide federally-approved cannabis products that will be sold across Canada and the United States.