The Cannabis Act ushered in legalization of recreational and medicinal marijuana use in Canada in October, 2018.
Micro-cultivating was introduced by Health Canada in March 2019 to address the market need for more Cannabis producers and provide individuals and small business the opportunity to benefit from the fast-growing industry.
Health Canada permits CBD-infused edibles and topicals, announced for December 2019.
A June 2019 Deloitte report estimates the Canadian market for legal recreational and medical cannabis to be worth $C2.6 billion to C$6.13 billion overall.
Demand for CBD has far exceeded original forecasts, resulting in additional opportunities for producers who grow strains for optimal CBD extraction.
Early entrants expected to be best suited for highly profitable acquisition by multinationals as industry matures (3-5 years).
A highly-experienced and uniquely positioned management and advisory team.
State-of-the-art clean-tech operating facility maximizing the quality yield than traditional large scale cultivating operations.
Operating model is designed to scale beyond the original two facilities to a Phase 2 with additional facilities.
This is a story about Lighthouse Growers Inc., an in-demand agricultural crop and medical grade cannabis micro-cultivation company incorporating renewable energy to power a highly-efficient growing facility in beautiful New Brunswick, Canada.
This innovative operation, located on the versatile agricultural land in the province that is very supportive the rapidly-growing cultivation industry.
Each grow facility will be self-contained with four grow operations per facility with solar embedded roofs to power the high efficient LED grow technology. Each grow room will have the ability to cultivate various in-demand agricultural crops as well as medical grade cannabis strains.