Just sent to me from IR, good first step in keeping us informed.
VIVO Completes First Canadian Installation of Innovative Airhouses in Napanee NAPANEE, ON, June 12, 2019 – VIVO Cannabis Inc. (TSX-V: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company“) today announced that the Company’s wholly-owned subsidiary, ABcann Medicinals Inc., has received notification that its Kimmetts project has now advanced to the second phase of Health Canada's review and approval process. Kimmetts is being developed as a hybrid outdoor cultivation site, which currently houses four Airstream InnovationsTM environmental control shelters with 86,000 square feet of cultivation space.
VIVO is the only Canadian LP employing this innovative technology, which has been incorporated in several US states to produce high-quality cannabis at low cost, without the capital investment required to build traditional greenhouses or indoor grows.
VIVO expects these innovative airhouses to produce approximately 4,000 kilograms of cannabis per year
“Our airhouses are expected to capitalize on all the benefits and opportunities associated with growing outdoors (low capital and production costs, environmentally sustainable) with the added benefit of mitigating against the known challenges of producing high-quality cannabis outdoors,” said Greg Yuristy, Director of Production for Napanee Operations. “The airhouses are intended to provide protection from the elements and a more consistent cultivation environment, and are expected to result in greater yields and more consistent high quality product than can be produced via outdoor growing. In addition, positive pressure keeps insects and weeds out, eliminating the need for pesticides.”
“Subject to receipt of our license for the airhouses from Health Canada, we expect these initial four airhouse8s to provide annual production capacity of approximately 4,000 kilograms of cannabis, which we expect will be primarily used for VIVO’s concentrated products, which includes our premium cannabis brands of Canna Farms, Fireside, Lumina and Beacon, all of which are dedicated to enhancing the quality of life for our customers,” commented Gary McMullen, VP Napanee Operations. “Although our development plans are still being finalized, the Kimmetts site in Napanee has the potential to accommodate an additional 10 airhouses should cultivation results prove to be successful.”
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