Article by Financial Post
What do Aurora Cannabis Inc. (CVE:ACB), International Cannabis Corp. (CVE:ICC), Supreme Pharmaceuticals Inc. (CNSX:SL), Aphria Inc. (CVE:APH) and Canopy Growth Corp. (TSE:CGC) all have in common? They’re each striving to become the “biggest” marijuana growing operation in the world.
Canopy Growth is the undisputed leader in that endeavor among this group, with 342,000 square feet of space in the process of being filled up with a veritable sea of green. CEO John Fowler told me that his intention is to produce “10,000 kg per year (subject to regulatory approvals) by the summer of 2017.”
International Cannabis, on the other hand, says in its investor presentation that it will seek to activate over four million square feet of possible growing space, for which it says it is in advanced permitting mode.
And Aurora Cannabis announced on Nov. 30 that it has broken ground on construction of a new 800,000 square foot facility near Leduc, Alberta.