CEO Clint Sharples says progress ‘continues at a quick pace’ as the company prepares CannaCure facility for operations
Holdings Corp () (OTCMKTS:HERTF) announced Wednesday that two Vitalis Q90 extraction machines have been installed at its subsidiary CannaCure’s Fort Erie facility.
The machines are waiting for final manufacturer's certification, expected to be received before the end of April, said the company.
Ontario-based medical cannabis producer CannaCure works closely closely with Purefarma Solutions, another subsidiary, which provides extraction services.
READ: Heritage Cannabis shares climb after CannaCure unit nabs processing and medical sales licence
According to the company, CannaCure will start to receive a portion of Purefarma's hemp feedstock before the end of April, which is stockpiled in Saskatchewan, and start extracting shortly.
Technicians from Purefarma Solutions are on site working with the quality assurance staff from CannaCure to prepare to accept and process this feedstock, said the company.
Once the oil is produced, it will be sent to independent labs for testing, and the company will need to receive a final inspection from Health Canada before it can be sold.
"Progress continues at a quick pace, and we are busy getting CannaCure's facility prepared for operations," said Heritage Cannabis Holdings CEO Clint Sharples. "The award of CannaCure's processing and medical licence from Health Canada on April 1 allows us to begin extracting oils from cannabis, and provides us with a clear path to implement our phase 2 expansion plan within the Fort Erie facility."
CannaCure will begin its Phase 2 expansion of up to 30,000 sq/ft, to bolster its extraction processing capacity.
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