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WEEDON, QC, August 17, 2017 / CNW Telbec / - Richard Giang, CEO of MYM Nutraceuticals Inc. of Vancouver, Rob Gietl and Mayor of the Town of Weedon, Richard Tanguay, accompanied by numerous stakeholders and partners met with the local press And economic stakeholders and the people of the Weedon area today as part of an open house in Weedon.
The president of MYM Nutraceuticals Inc., Rob Geitl, recalled that the main purpose of this meeting was to present the $ 200-million "Weedon Project". With this investment, fifteen 100,000 square foot medical cannabis production greenhouses will be constructed in addition to a 100,000 square foot multifunctional building including a research center, school, restaurant, A spa hotel, museum, interpretation center, boutique and hemp research center for industrial purposes to create new businesses in the Weedon Industrial Park. Mr. Geitl added: "The most important thing for us is to make sure that the environment welcomes this project, which is a powerful engine of economic prosperity from an emerging sector: the cultivation of medicinal cannabis and hemp for Medical and industrial purposes. We wish to realize this project with and for the middle of Weedon and the Estrie. The social acceptability of this project is what is most important to us. "
Richard Tanguay, Mayor of the Municipality of Weedon, took the opportunity to explain how this innovative project of an emerging economic sector enabled his municipality to reinvent itself and become one of the major players in this industry Québec: "I am very pleased with the economic prospects for our municipality and its population. We do not intend to sit back and wait for the consequences of such a project. Instead, we chose to be proactive on this issue and to think about our development in relation to the development of this project with the promoters MYM Nutraceuticals and CannaCanada and many other partners. A project based on a unique partnership with our municipality and the private company that will enable Weedon to become a world leader in the production and manufacture of medicinal cannabis for medical purposes and the production of products Of hemp for industrial purposes. "
For his part, the Prefect of the Haut-Saint-François MRC, Mr. Robert Roy, said: "It is not every day that at the Haut-Saint-François MRC we welcome so many people to present the Elements of a $ 200 million investment project. This project is original and unusual in that it involves a partnership between a municipality, the Municipality of Weedon and private companies, MYM Nutraceuticals and CannaCanada, who want to develop together a new industry, that of medicinal cannabis to Medical purposes and hemp for industrial purposes. I want to welcome this initiative and assure all partners of this project. "
It will be recalled that MYM Nutraceuticals Inc. and CannaCanada announced a major greenhouse project to produce medicinal cannabis for medical purposes in Weedon and that a formal request for authorization was filed with Health Canada last June. It is a project that would create 400 direct jobs and 800 indirect jobs. This project will be linked to research and development activities related to medicinal cannabis for medical purposes and hemp, a training center, an interpretation center, a museum, a clinic, a hotel, And a restaurant.
MYM Nutraceuticals Inc., headquartered in Vancouver, Canada, is an emerging biopharmaceutical company with an extensive list of assets that make it well-prepared for the commercial distribution of medicinal cannabis for medicinal purposes with exclusive access And has an experienced board of directors and staff with many years of experience.