The 67,750-square-foot cannabis cultivation facility is waiting on the state's power provider for its meter installation, which may take up to several weeks
Inc () (OTCQX:TGIFF) said Wednesday that construction on its new cannabis cultivation facility in Las Vegas is “nearing completion” and waiting for electrical meter installation.
Now that recreational adult use of cannabis is legal in 10 US states, the District of Columbia and Canada, expansion of capacity is a priority for . As a result, the company is laser-focused on the timely construction of a 67,750-square-foot cannabis cultivation facility in Las Vegas. In addition, the company recently took possession of a 12,160-square-foot building to add to its hemp processing and cannabidiol extraction capabilities.
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The new Las Vegas facility will house the company's subsidiary, Alternative Medicine Association's indoor cannabis cultivation facility. owns 91% of Alternative Medicine Association (AMA), a licensed medical and adult-use cannabis cultivation and production facility in Las Vegas that produces its own line of products and manufactures other company’s brands.
In 2013, AMA became the first licensed cultivator to sell cannabis in the Las Vegas area and is now one of Nevada's largest wholesalers of branded flower, distillate for vape products, and a broad range of concentrates.
"This is a very exciting time at AMA," said Tim Spencer, a master grower at Alternative Medicine Association. "We have made small adjustments to the design that should result in complete climate control and considerable efficiencies in production. This will keep us competitive while raising the standard for high end cannabis in Nevada."
Las Vegas is the North American mecca for gambling, and is doubling down on the Entertainment Capital of the World as a place to expand the sale and cultivation of medical and recreational cannabis products.
The purpose-built 67,750-square-foot cannabis cultivation facility in Vegas has been developed as a two-story building on 1.39 acres. It includes a sophisticated, fully automated irrigation and fertigation system (delivering precise concentrations and ratios of nutrients to each plant), a system of small vegetation/cultivation rooms for better crop management, packaging areas, supporting offices, vault, climate-controlled rooms to cater to each phase of plant production, and other work areas.
The company said a “benching system will maximize growing space" and an advanced data tracking system will allow for 'steering' the crop scientifically, reducing crop time while increasing yield and quality. Once up and running, the newly constructed facility will deliver a ten-fold infrastructure expansion and significantly increase AMA's flower cultivation output.
The facility is waiting on the state's power provider for its meter installation, which may take up to several weeks, said the company. Once power is installed in the facility, state and city fire and health inspections will take place for the issuance of an occupancy permit. The occupancy permit is the final step in the process before allowing for cultivation in the new facility.
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