NEWS
Speakeasy Provides Update on Health Canada Licensed Producer Application and Rock Creek Build Out
VANCOUVER, April 19, 2018 /CNW/ - Speakeasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company") is pleased to announce an update on its application with Health Canada to obtain licensed producer status under the Access to Cannabis for Medical Purposes Regulations.
The Company has submitted its extensive evidence package on its fully completed 10,000-square-foot facility to Health Canada. Health Canada has acknowledged receipt and is currently reviewing the file. This is the final step in order to obtain a production licence under Section 35 of the ACMPR (access to cannabis for medical purposes regulations). This package included documentation, detailed photos and video, facility design packages and the ability to demonstrate product storage, security, monitoring of access and record keeping. No assurances can be given at this point on the time frame for inspection and potential subsequent granting of licensed producer status.
Speakeasy is also pleased to announce that it has commenced construction on its phase 2 expansion which will be a state-of-the-art, 80,000-square-foot indoor facility that includes growing, extraction and genetics labs. The expansion will consist of three 27,000-square foot buildings that will be the home to the SpeakEasy grow team that will be capable of producing more than 10,000 kilograms annually.
"We are very pleased to be working with Health Canada, and appreciate their receptiveness in receiving their responses to our submissions in a timely fashion. In getting to this stage, we've received significant support from the local community in Rock Creek and we would like to thank them for their patience and very meaningful support. We look forward to updating our various stakeholders on progress, in regards to our ACMPR application, and look forward to expanding our facility."
More information regarding the application process for licensed producers can be found on Health Canada's website.
ON BEHALF OF HADLEY MINING INC.
Marc Geen - Chief Executive Officer
