InvestorsHub Logo
Followers 0
Posts 134
Boards Moderated 0
Alias Born 02/14/2017

Re: None

Wednesday, 02/27/2019 8:55:50 AM

Wednesday, February 27, 2019 8:55:50 AM

Post# of 7789
NEWS: Liht Provides an Update on Current Developments in Celista, BC
February 27, 2019

Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) or the “Company”) is pleased to provide an update on the development of its state-of-the-art cultivation facilities in Celista, BC.

Construction of the first of ten 10,000 sq. ft buildings is nearing completion. Equipment installation continues and we remain on schedule for completion May 2019.

Each facility will include four 1400 sq. ft. grow rooms, a nursery for breeding, vault, four drying rooms, offices, and areas for quality testing, processing, and packaging of premium organic cannabis products.

Subject to the receipt of a cultivation license from Health Canada, Liht will commence the cultivation of cannabis.

Each 10,000 sq. ft facility will have the capacity to grow approximately 1,630,800 grams annually.

Construction of the second building also remains on schedule. Steel framing is complete, crews will begin installation of siding and doors, getting it to lock-up by mid month.

The Company has sourced an alternate to concrete foundations, which specifically meets the new Agricultural Land Reserve (“ALR”) regulations for the remaining eight buildings, which are microbial and bacteria resistant. We look forward to announcing the details in the coming weeks.

At the start of operations, we anticipate the creation of 15 full and part-time jobs, drawing from a diverse employment base from the long established communities of the Columbia Shuswap Regional District.

Once all ten facilities are fully operational, Liht expects the number to increase to approximately 100 full and part-time jobs, making Liht a valuable employer in the area. To be considered for future positions, please upload your resume at: lihtcannabis.com/careers/