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WeedMD Inc (CVE:WMD) Harvests First Outdoor Crop

By WeedMD Inc in News 2nd Oct, 2020 Video Duration: 00:08:12
WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) (FRA:4WE) CEO Keith Merker joins Midas Letter to discuss the company's latest cannabis harvest located on 27 acres at its facility in Strathroy, Ontario. The CEO details WeedMD's outdoor-grown premium cannabis and the quantity of dried flower a 27-acre grow can produce in the context of a government-regulated store. WeedMD produce cannabis for medical and recreational markets and recently secured a Health Canada licence amendment approval for its 50,000 square foot property to dry, process and cure outdoor-cultivated cannabis.Discussing profitability, Mr. Merker states "With the 18 rooms we now have online in the greenhouse, our forecast would be to achieve a situation where this company is sustainable for the long run, by mid-2020, if not before."

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