GATINEAU, QC - October 12, 2017 - The Hydropothecary Corporation has announced the official groundbreaking on its 250,000 sq. ft. greenhouse expansion. When completed, the $25 million building will create an additional 100 full-time jobs with benefits at the Hydropothecary’s Gatineau, Quebec facility, bringing the company’s total employment to over 200 people, according to a press release.
The expansion will bring total production capacity to 300,000 sq. ft., allowing Hydropothecary to produce 25,000 kgs of dried cannabis annually. This phase of the company’s expansion has been fully funded by past financings.
“With this expansion of our production capacity, we are boldly signaling our intent to not only expand our well-established presence in the medical marijuana market, but to become a major player in the legal adult-use recreational market,” said Hydropothecary CEO and Co-Founder Sebastien St-Louis.
Hydropothecary was recently awarded the Coup de Coeur at the Quebec Job Creation Awards Gala held in Quebec City on October 4th. The awards are given annually to honor major job creators in Quebec and its 17 administrative regions.
“As Quebec’s only licensed producer of cannabis, we are proud of our contribution to Quebec’s economy and we look forward to collaborating with government decision-makers on the development of a safe, regulated cannabis industry which responds to the health and security concerns of Québécois,” added Mr. St-Louis.
The ground-breaking ceremony was attended by several dignitaries, employees and members of the community.
