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Canopy Growth Reveals Retail And More Cannabis Production Plans in Canada

"As soon as it's legal, we will have those retail stores open," says Canopy Growth VP.

Canada

It isn't much — or really anything — now, but politicians used matching shovels to break ground on a grassy field in the east end of St. John's on Monday that will house a marijuana production facility that will grow 12,000 kilograms of cannabis a year.

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"It's a really great day for Canopy and for St. John's," says Canopy Growth's vice-president Jeff Ryan.

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The company, headquartered in Smiths Falls, Ont., signed an agreement with the Newfoundland and Labrador government in December to build a production plant to ensure the province has "a safe and secure supply" of cannabis when it is legalized this year.

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The location was announced Friday via the government's environmental assessment process, which alerts the public when new projects are registered. The sod-turning on Monday was a go, despite that the project was just being opened for public comments, which are due by June 8.

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Top photo courtesy of Adobe Stock

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