Christina Lake Cannabis Corp. (“CLC”) operates in the world-renowned outdoor cannabis growing region of southern British Columbia, Canada. This region, specifically Christina Lake, has proven ideal growing conditions and options for considerable expansion opportunities.
Our goal is to become the premier producer of low-cost, high-quality cannabis oil extracts, utilizing our proprietary genetics and time-honored farming practices as developed by our Master Growers over several decades of combined experience.
The focus on oil extraction is twofold. Firstly, the oil extract market provides for more significant margin opportunities than the crowded indoor flower market. Secondly, it positions us for future expansion into a host of new up and downstream markets including edibles, dry product and third-party processing.
Our owner-employees are dedicated to a long-term sustainable agribusiness based on the principles of the highest quality production using ethical farming practices.
Phase One Site Arrangement
The 32-acre industrially zoned site provides a cultivation footprint of no less than 20 acres. The existing facilities are being retrofitted for cultivation with the construction of the processing building underway which is scheduled to be substantially completed in Q1/20.
The 20-acres of outdoor cultivation is estimated to yield 18,600 kgs per annum of high-THC flower suitable for extraction. Additionally, the company has access to an additional 80 acres for future expansion. In contrast, current large-scale indoor producers have current production capacity of up to 50 acres.
Our extraction system will be integrated into our processing building. It is estimated to produce 2,792 kgs per annum of high THC cannabis oil for domestic and international wholesale distribution and domestic retail sales or approximately 140kgs per acre.
2018 - Obtain Footprint
In October, 2018, CL Cannabis purchased 32 acres of land near Christina Lake, BC and a cultivation building. The land is fully serviced, has access to water and is off of a major transportation route.
Early 2019 - Licensing
CL Cannabis has filed its Standard Cultivation License application with Health Canada, with the Standard Processing Application to follow once construction is complete. Licensing approval is expected to be in place prior to the 2020 growing season. An R&D license application is in progress and is expected to be in place by Q1/20.
Fall 2019 - Construction
2019 will see the retrofitting of the cultivation and the construction of the processing facility, including extraction equipment, and nursery. The property will also be prepared for planting, with individual buckets and irrigation in place.
Spring 2020 - Cultivation
The first 20 acre cannabis crop is scheduled to be planted in the spring of 2020.
Fall 2020 - Production and Sales
Staged harvest will begin in August, with production of oil for the wholesale markets concurrently.