A Leamington cannabis growing facility is about to get larger.
Tilray has announced an investment of US$32.6 million to expand its Canadian cannabis production and manufacturing footprint by 203,000 square feet across its facilities in Leamington, London, and Nanaimo, British Columbia. The Leamington facility will add another 127,000 square feet of growing space as a result of the new investment.
"Once the expansion is complete and licensed by Health Canada, High Park Gardens’ footprint will increase by 82 per cent, utilizing up to 282,000 square feet of state-of-the-art cultivation space with room to expand further in the future," said Tilray.
The expansion is expected to create more than 40 jobs over the next year.
The cultivating facility in Leamington is 662,000 square-feet, 155,000 of which is currently operational and licensed for cannabis cultivation and manufacturing.
The company said this investment will expand the total production and manufacturing footprint from 1.1 million to 1.3 million square feet worldwide to increase the supply of medical and recreational marijuana.
High Park Gardens in Leamington opened earlier this year when Tilray acquired Natura Naturals Inc.
High Park London is currently a 56,000 square foot facility licensed by Health Canada to process and sell adult-use cannabis products but will double in size to 112,000 square feet.
"The expansion project will enhance the site’s R&D, processing and packaging capabilities and is expected to generate 60 additional jobs," Tilray said.
Tilray is a global pioneer in the research, cultivation, production and distribution of cannabis and cannabinoids currently serving tens of thousands of patients and consumers in twelve countries spanning five continents.