SOLD: 12K ft.² turnkey, Quebec-based licenced cultivator & processor offers Quebec market entry

A wholly owned, purpose-designed, standalone ~12,000 sq. ft. cannabis cultivation and processing facility sitting on 7 acres of land in Quebec

Facility is comprised of 3 x full-scale grow rooms, mother/propagation room, vegetation room, drying room, secured storage, packaging/processing room, destruction room, laboratory, irrigation room, office room, computer room, conference room, lunch room, electrical area, and security room

Currently operational, undertaking indoor propagation, cultivation, drying, bulk packaging and B-2-B sales

Established sales agreements/relationships with Quebec partner provide an immediate on-ramp to revenue

Projecting $1.7 million sales revenue in 2022 and can ramp up to $2.6 million sales revenue at full scale

The market valuation for the real estate and land including capital improvements is $3 million

Two lots available for future expansion (e.g. indoor expansion, extending existing building, etc.)

Sale for Medical licence and Recreational Sales Amendment (dried flower and pre-rolls) in progress by Health Canada

The sale price also includes equipment

Includes Quebec-based brand with two SKU’s listed at the SQDC

Take advantage of the desirable "Grown in Quebec" opportunity at SQDC.

Shareholders are seeking a partial or full divestiture of the facility, licence and going-concern business