White Sheep Breaks Ground on Licensed Cannabis Facility in Lesotho, Africa
Building a state-of-the-art cannabis cultivation facility for low-cost, high-quality EU-GMP production for international legal markets
TORONTO, May 28, 2019 /CNW/ - White Sheep Corp. ("White Sheep") is pleased to announce that it has broken ground on its cannabis facility in Lesotho, Africa. White Sheep purchased 9.7 hectares of prime real estate in Masianokeng, along a road just outside the capital city of Maseru, where it is constructing a 300,000 sq. ft. cannabis production facility to grow medical marijuana and process it into high concentration oils.
White Sheep is focused on building compliant facilities in low-cost global jurisdictions where infrastructure (mechanical, power, water, and labour) is inexpensive and readily available. The facility in Lesotho is a GACP and EU-GMP certified, steel-paneled greenhouse that is optimal for prime growing conditions and increased security and will feature hydroponics and a customized heating and cooling system to deliver quality crops. White Sheep is pushing to complete the first part of Phase One (approximately 100,000 sq.ft.) in Q4 of 2019, which would generate cannabis crops in Q1 of 2020. Once the 300,000 sq ft is fully operational, the facility is projected to produce approximately 58,200 kgs of cannabis per year. White Sheep's vision is to expand the facility to 1,000,000 sq. ft once commercial production is achieved.
Hamish Sutherland, Founder and Co-CEO of White Sheep says, "White Sheep is very excited to break ground and see the quick progress underway on our land in Lesotho as we execute our vision to become a global leader in low-cost cannabis production. Our excellent Team Africa leaders have been active for the past eight months, purchasing the land, preparing the infrastructure, approving the blueprints, and choosing suppliers for this project. Our prior experience designing, building and operating cGMP/ISO certified facilities establishes the right ingredients and the right market conditions to be generating revenue in 2020." Sutherland adds, "Having executed one export of medical cannabis already to Canada, Lesotho is poised to become one of the early global cannabinoid providers. White Sheep is one of the first movers in this new market and plans to become the preferred supplier and brand of choice."
White Sheep's global analysis guided us to southern Africa, specifically Lesotho, because it is known for benevolent mountainous conditions that are ideally suited for controlled greenhouse operations such as ours: high altitude, low humidity, and sunny climate. Lesotho is a politically stable constitutional monarchy led by a pro-medical cannabis government with favourable corporate tax rates. There is a stable and experienced work force that is already accustomed to adhering to cGMP standards in the fabric and textile industry (which exports significant quantities to global brands such as Levi's) and the diamond mining industry (led by Gem Diamond's Letseng mine). White Sheep purchased property that has power, water, mechanical infrastructure, and immediate access to qualified labour to produce high quality medical cannabis and derivatives for global export markets. There is a river on the property and the government installed a well, so there is constant access to clean, fresh mountain water which is untainted by pesticides. The facility is located beside a road and just 500 metres from an electrical switching station (220kv / 60 kva).
White Sheep secured a vertically integrated license to cultivate, manufacture (extract, process and produce end products), distribute, securely store, domestically transport, and export cannabis and its derivatives for medicinal purposes from the Kingdom of Lesotho. Lesotho is the first African nation to legalize the commercial cultivation of medical cannabis. The country occupies a strategic location globally, neighboring South Africa which has a population of 55-million people and is developing medical cannabis laws. With a strategically located property, low operating costs, experienced leadership, and excellent local partners, White Sheep looks forward to sharing its expertise to support local and regional development of a thriving medical cannabis industry in Lesotho and the rest of southern Africa. Project photos are posted on our website at: https://whitesheepcorp.com/news/
About White Sheep Corp.
White Sheep is an international cannabis company that is building the largest global footprint of low-cost, high-quality cGMP cannabinoid production capacity in the industry. White Sheep executives have direct operational expertise in building successful, large-scale, automated cannabis grow facilities and meeting regulatory and compliance standards. Over the past 20 years, the White Sheep team has created billions of dollars in investor value across multiple industries, including over $2.0-billion in the cannabis industry alone. We have major global projects in Africa, Australia, Canada, the US, and Europe.
For more information: www.whitesheepcorp.com @whitesheepcorp.
SOURCE White Sheep Corp.
Media Contact: Melony Jamieson, [email protected], 416-518-6355
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