Cannabis Cultivation Begins At High Park Farms

High Park Farms™, an affiliate of High Park Holdings Ltd. (“High Park”), announced today that cannabis cultivation has begun at its state-of-the-art greenhouse in Enniskillen, Ontario following the successful arrival of thousands of live cannabis plants from Nanaimo, British Columbia. The arrival of the plants marks a major milestone for High Park as the company rapidly scales its operations in anticipation of the historic legalization of cannabis for adult-use in Canada expected to occur later this year.

“British Columbia is known around the world for its rich cannabis culture and the quality of its cannabis genetics,” said Adine Fabiani-Carter, Chief Marketing Officer at High Park. “We’re proud to bring high-quality cannabis genetics from British Columbia to Ontario to be ready for adult-use legalization anticipated later this year.”

The plant transfer, which occurred over the course of 36 hours last week, took thousands of healthy cannabis plants on a journey of more than 4,100 kilometres from Vancouver Island, British Columbia to Lambton County, Ontario. A carefully choreographed process involving a team of drivers, pilots, growers, production managers and security personnel ensured the health and safety of the plants. The plants rode an early-morning ferry from Nanaimo to Horseshoe Bay, then departed from Vancouver International Airport on a chartered, cargo-configured, Boeing 757. Upon landing at Hamilton International Airport, the plants made the final leg of the trip to High Park Farms in Enniskillen via climate-controlled tractor-trailers.

High Park Farms, which is anticipated to represent an investment of up to $30 million, received its federal license from Health Canada to cultivate cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR) on April 13, 2018. The facility features 13 acres of greenhouse on 100 acres of property. Its first harvest is anticipated in June. In accordance with the Cannabis Act introduced in Canadian parliament in April 2017, High Park Farms anticipates that its ACMPR cultivation license will provide the company the ability to supply the adult-use cannabis market in Canada once the legislation is adopted.

Based in Toronto and led by a team with deep experience in cannabis and global consumer brands, High Park launched earlier this month to produce and distribute a broad-based portfolio of cannabis brands and products for the Canadian market in anticipation of adult-use legalization, subject to applicable laws and regulations. In addition, High Park has developed new brands and products specifically for the Canadian market. Pending federal legalization of cannabis for adult-use and corresponding provincial legislation, High Park anticipates fulfilling adult-use supply agreements in QuebecManitoba, and Yukon. High Park plans to secure additional supply agreements with crown corporations and private entities in other provinces in the coming months.

Adam Amsel