Article by VOCM
A Toronto-based company is laying out plans to open a cannabis production facility in Conception Bay North.
On Thursday, FSD Pharma announced a $40-million plan to construct a facility in Freshwater. The first phase of their plan includes the construction of a 45,000 square foot cannabis production facility.
Then, phase two includes an expansion of the facility up to a 300,000 square foot production and processing facility for legal cannabis.
The company says the site will initially be under lease, but FSD has the option to buy the location for $1.5-million.
The closing date is expected on or before August 31, 2018.