Mettrum Secures Twenty-Fold Incremental Land for Growth
http://marijuanaindex.com/industry-news-item/?newsId=7618236861196859&headline=Mettrum-Secures-TwentyFold-Incremental-Land-for-Growth
TORONTO, ONTARIO--(Marketwired - Nov. 17, 2016) - Mettrum Health Corp. ("Mettrum" or the "Company") (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that through one of its wholly owned entities, Agripharm Corp. (the "Tenant") has entered into a lease agreement (the "Agreement") with Miller Agriculture Ltd. (the "Landlord") to increase land available for growth from one acre to twenty acres.
"Given the continued and rapid increase in demand for our products, which has resulted in Mettrum's significant revenue and patient growth over the past number of quarters, we are always planning forward and ensuring to have ample growth capacity for the future," said Michael Haines, CEO of Mettrum Health Corp. "By increasing the availability of land at Agripharm by twenty times, combined with the availability of production capacity at our state-of-the-art production facility in Bowmanville, we are on track to achieve our objective of 50,000 Kilogram capacity by 2019 and well positioned to service the rapidly growing and evolving cannabis market." Because the leased property is contiguous with the existing Agripharm facility, Mettrum will not need to apply for a new, separate license to expand its production on this new property.
Recent MT News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 06:52:07 PM
- ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec • GlobeNewswire Inc. • 08/06/2024 05:28:59 AM
- ArcelorMittal S.A.: ArcelorMittal announces publication of its 2024 half-year report • GlobeNewswire Inc. • 08/02/2024 04:02:09 PM
- ArcelorMittal S.A.: ArcelorMittal reports second quarter 2024 and half year 2024 results • GlobeNewswire Inc. • 08/01/2024 05:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/24/2024 12:43:47 PM
- ArcelorMittal S.A.: ArcelorMittal announces publication of its second quarter 2024 sell-side analyst consensus figures • GlobeNewswire Inc. • 07/23/2024 03:04:48 PM
- Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates • IH Market News • 07/10/2024 10:42:17 AM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/08/2024 08:32:39 PM
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Payments to Governments in respect of Extractive Industries report • GlobeNewswire Inc. • 07/01/2024 09:29:34 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/17/2024 05:23:50 PM
- Blackrock Inc. shareholding notification • GlobeNewswire Inc. • 06/12/2024 04:30:00 PM
- ArcelorMittal Announces Pricing of Bond Issue • GlobeNewswire Inc. • 06/11/2024 06:00:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 10:01:05 AM
- ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results • GlobeNewswire Inc. • 05/02/2024 05:00:00 AM
- ArcelorMittal announces results of its General Meeting • GlobeNewswire Inc. • 04/30/2024 04:15:00 PM
- ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures • GlobeNewswire Inc. • 04/25/2024 12:27:06 PM
- ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual Review • GlobeNewswire Inc. • 04/23/2024 01:10:41 PM
- ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety audit • GlobeNewswire Inc. • 04/10/2024 02:45:00 PM
- ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders • GlobeNewswire Inc. • 03/29/2024 07:00:00 AM
- ArcelorMittal announces publication of the 2023 statutory financial statements of ArcelorMittal parent company • GlobeNewswire Inc. • 03/27/2024 07:15:00 PM
- ArcelorMittal publishes revised analyst model per new segmental reporting • GlobeNewswire Inc. • 03/27/2024 09:30:00 AM
- ArcelorMittal S.A.: ArcelorMittal announces Kleber Silva to be new CEO of ArcelorMittal Mining • GlobeNewswire Inc. • 03/19/2024 09:00:00 AM
- Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News • IH Market News • 03/13/2024 11:02:03 AM
- ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec • GlobeNewswire Inc. • 03/12/2024 09:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/29/2024 06:50:20 PM
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM