Green Mountain begins construction of Okanagan Valley facility
September 30, 2020 By Grow Opportunity staff
Construction is underway for a new cannabis facility in Okanagan Valley.
Medical cannabis company, Green Mountain Health Alliance Ltd., has secured $3.4 million in debt financing to complete Phase 1 construction of a 4,300 sq. ft. processing plant and 18,000 sq. ft. of covered growing area.
The plan is to build a total enclosed growing area of 125,000 sq. ft. and processing facilities up to 29,000 sq. ft. Upon completion of Phase 1, Green Mountain president, Wade Attwood, says the company will submit its evidence package to Health Canada to obtain a production license.
“Green Mountain is pleased to secure this funding during such a challenging period. It is a testament to the strength and depth of our strategic alliances and validates the model that we are pursuing,” said Attwood in a statement.
Green Mountain boasts Indigenous alliances to be at the core of its business. The company is working to develop partnerships with several First Nations Indigenous associations, including the Manitoba Metis Federation (MMF). The MMF is the democratically elected self-government of the Manitoba Métis, one of the largest Indigenous communities in Canada.
“Canada’s indigenous people have been using medicinal plants for centuries, and our knowledge of natural healing far predates recent ‘discoveries’ by the pharmaceutical industry,” said Jack Park, chairman of Métis N4 Construction Ltd., the company in charge of the build. “We believe that Green Mountain will play an important role in developing medical cannabis as a mainstream treatment, and this will have a major impact on the Métis people. Our close relationship with Green Mountain is highly valued.”
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