Cannabis Canada: Aphria Expects Full Capacity at Newly-Licensed Diamond Facility: Interim CEO
Aphria to ramp up newly-licensed facility to full capacity, relies on automation to drive down production costs: interim CEO
Aphria Inc. plans to bring its newly-licensed Diamond facility to full capacity in the coming weeks to meet demand for vaping and edible products, the company’s chairman and interim CEO said while shrugging off any concern about oversupplying the Canadian cannabis market. The Leamington, Ont.-based company announced Monday it received a cultivation licence from Health Canada for a cannabis greenhouse facility that will add 1.3 million square feet of production space and 140,000 kilograms in annual capacity to its operations. “Diamond, I would want to run at full capacity because it’s so automated from a low-cost production standpoint,” Aphria chairman and interim CEO Irwin Simon told BNN Bloomberg. “It will be one of the lowest-cost production facilities to run.”
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– Read the entire article at BNN Bloomberg.