Weed Me Inc. Receives License to Cultivate from Health Canada

Pickering-based company to launch cultivation immediately

PICKERING, ON, April 30, 2018 /CNW/ - Weed Me Inc. has been granted a license to cultivate medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR).

"Canada is leading the world on cannabis cultivation and patient access," said Weed Me's Co-Founder and CEO Terry Kulaga, "receiving one of the first 104 licenses positions us perfectly for the expected growth ahead."

Weed Me Co-Founders Terry Kulaga (left) and Benny Presman (right) in front of their newly licensed facility in Pickering, Ontario. (CNW Group/Weed Me Inc.)

The license to cultivate will enable Weed Me Inc. to begin growing cannabis in their 20,000 square foot, state-of-the-art, Pickering, Ontario facility. The facility, strategically located immediately adjacent to Ontario Highway 401, is poised to take advantage of proximity to the major transportation corridor of the Greater Toronto Area as well as having direct highway access to the Quebec market. It is also ideally positioned for further expansion as the fully-owned, 3-acre facility has the capacity to grow to roughly 220,000 square feet of indoor growing.

Poised to move forward towards viable product in the most efficient fashion possible, Weed Me Co-Founder and President, Benny Presman added, "We have already secured our initial plant genetics and look forward to planting in the upcoming weeks. Our goal is to apply to Health Canada for a sales license within four-months."

About Weed Me Inc.
Weed Me Inc. is a Pickering, Ontario licensed producer under Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR). Weed Me holds the 104th cultivation license approved in Canada. Weed Me's proven leadership team has secured the genetics and licensing agreements to quickly enter the medicinal and recreational cannabis market in Canada and their facility has the ability to expand to 220,000 square feet of indoor growing space, supplying 40,000 kg of high quality cannabis to Canadians annually.

FORWARD LOOKING INFORMATION: Certain information in this press release may contain forward-looking information within the meaning of applicable Canadian securities legislation relating, but not limited to, the Company's expectations, intentions, plans and beliefs. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. 

SOURCE Weed Me Inc.

Media Contact : Maor Shayit, 416-858-2324, [email protected]