Very nice News... $STNN
EPHS Holdings Inc. Commences Production Plans at its State-of-the-Art Facility in Montreal, Quebec
STNN
2.3021.05%Real time quote.
MONTREAL--(BUSINESS WIRE)--October 23, 2018--
EPHS Holdings Inc. (OTCQB:STNN) ("EPHS" or the "Company"), together with its joint venture partner, Merritt Valley Cannabis, is pleased to announce its Montreal cultivation plans have commenced, as per Health Canada sales licence regulations and inspections.
The EPHS state-of-the-art facility located in Montreal, Quebec is ready for immediate production and scale. EPHS is commencing with the Health Canada sales license process.
EPHS will continue to scale cannabis production at its Merritt site with the granting of additional Health Canada licenses. Ground breaking is scheduled for early 2019 for phase one of the 30,000 square foot state-of-the-art Cannabis Campus. The campus is expected to produce a supply of 5,500 plus kilograms of cannabis per year by early 2020.
EPHS CEO, Gianfranco Bentivoglio, stated "Our vision is to be unique, and the EPHS business model is built on simplicity and focus. It is our objective to build more efficiently and deliver cannabis to the under-supplied Canadian and global markets."
Bentivoglio ended by stating "Canadian press ran many articles on supply shortages and long lines, and EPHS' business and project plans have been developed to address these shortages and demands."
Having Steve Perry, former Vice President of Energy and Major Projects for The Green Organic Dutchman Holdings Ltd. (US:TGODF) (TSX:TGOD), provides proven experience vital to scaling supply to serve the high demand market. EPHS and Merritt Valley Cannabis' 1.2 million square foot Cannabis Campus located in Merritt BC will be capable of producing in excess of 100,000 kilograms of cannabis product over the next five years to serve global market demands.
About EPHS Holdings Inc.
EPHS Holdings Inc., together with its joint venture partner, Merritt Valley Cannabis, is a licensed commercial cannabis cultivator engaging in the cultivation, possession, research, processing, sales and distribution of medicinal and recreational cannabis under the laws of the Health Canada ACMPR license.
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