Cannabis Wheaton Income Corp. (CBW)

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$CBW $CBWTF We are overdue for a run IMO. Cannabis Wheaton buys Carleton Place pot producer RockGarden. The company received the agency’s permission to start cultivating cannabis in late August and is aiming to have a growing capacity of 20,000 square feet by the time marijuana is slated to be legalized for recreational use in July 2018. That’s enough space to produce about 1,300 kilograms of cannabis a year. http://www.obj.ca/article/chuck-rificis-cannabis-wheaton-buys-carleton-place-pot-producer-rockgarden

RockGarden is a medical grade cannabis producer located in Carleton Place, Ontario. It has completed phase 1 of 3 of its production facility and has notified Health Canada that the requirements necessary for the granting of a license under the ACMPR have been completed.

RockGarden announced a new financing round on August 18, 2017 to expand its cannabis production plant. This expansion will allow RockGarden to increase annual production from 220 kilograms of dried flower to approximately 2,080 kilograms.

http://www.rgcannabis.ca/