Biocannatech is in the final expedited phase of Health Canada’s “Access to Cannabis for Medical Purposes Regulations” (ACMPR) approval for the production and sales of Medical Marijuana.
Biocannatech Inc. has a leased a 10,000 square foot facility in Mount-Royal, Québec with an option-to-purchase agreement. Permits have been filed with the municipality to renovate the facility. This facility is expected to produce $5,000,000 per year.
Biocannatech Inc. is also in discussions to lease the adjacent facility with an option-to-purchase agreement. This facility is 17,900 square feet with a growing area of 16,000 square feet. The additional growing area is expected to produce $12,000,000 in revenue for a combined total $17,000,000 per year in revenue from both facilities.
Cannabis Biotech Complex
The first Cannabis Biotech Complex being developed in Mission, BC by Alliance Growers in partnership with BC New Co. will primarily produce plant clones called “plantlets” as a service for cannabis growers to maintain consistent plant strains. The complex will also house facilities for cold storage of plants, CBD oil extraction, and allow our partner Botanical Research In Motion International Inc. (B.R.I.M.) to continue developing new technologies in house.
The plantlet supply contracts the Cannabis Biotech Complex offers will also secure “offtake” agreements for flowers at wholesale cost to be used in CBD oil extraction. These contracts will be made with both external growers as well as Alliance Growers’ own subsidiary producers.
CBD ‘DANA’ Hemp Strain
Alliance Grower has secured access to a proprietary CBD strain named “CBD DANA,”. The unique strain has been tested for a content of at least 10% CBD and less than 0.3% THC. This CBD yield is substantially greater than traditional hemp strains which typically have at most a 1% content. The lower THC content allows the strain to be classified as “industrial hemp” which makes it ideal for cultivation with less restrictive regulation.
The female plantlets produced in the Tissue Culture Lab at the Cannabis Biotech Complex will be available for hemp farmers on a global scale. Providing hemp farmers with all female, fully rooted plantlets of the strain will provide a significant yield in CBD production for hemp farmers.
“Building a diversified global cannabis company
focused not on where the market is today, but where it is going.”
Alliance Growers was incorporated 2014 in Vancouver, Canada and is publicly traded on the Canadian Stock Exchange under ACG, and on the Frankfurt Stock exchange under the symbol 1LA. The company is dedicated to building shareholder value with its focus on the regional and international regulated medical cannabis market.
Our “Four Pillars” strategy maps out a network between licenced cannabis growers, cannabidiol (CBD) oil extractors, new agricultural technologies, and our own Cannabis Biotech Complex.