Calgary-base Westleaf Inc. has completed construction on its wholly-owned cannabis extraction, processing and product formulation facility in Calgary.
It will have the capacity to process up to 65,000 kg of cannabis a year.
“This is a significant milestone for Westleaf, marking our transition from construction to operations and execution on our plan to build a brand-focused vertically integrated cannabis company,” said Scott Hurd, president and CEO, in a news release.
“Once licensed, this facility will produce the current suite of legal cannabis derivative products, and as we move towards additional cannabis product legalization in the fourth quarter, we will expand our product lines to include vapes, edibles and other derivative cannabis products.”
The company said The Plant by Westleaf Labs is in the final stages of the Health Canada licensing process and it expects to receive a standard processing licence as early as the third quarter of this year.
Production at the facility would start soon after.
The company said this marks a major operational milestone for Westleaf and, once licensed, will allow it to produce its own branded cannabis products, as well as provide contract manufacturing and white-label opportunities to other cannabis companies.
“The Plant will also allow us to be flexible and responsive to consumer demand and underscores the value of the Westleaf business model,” said Adam Coates, chief commercial officer at Westleaf. “By owning the customer experience and feedback loop through our Prairie Records cannabis stores, we can alter production based on the trends of our customers.”
Phase one of The Plant is a 15,000-square-foot extraction, processing and product formulation facility with designed throughput capacity of up to 65,000 kg of cannabis feedstock per year. The facility has additional 45,000 square feet available for expansion.
The Plant will produce Westleaf’s suite of brands, Loon, Backstage and General Admission, in addition to providing contract extraction and processing services, and white-label products for third parties.