Enterprise

AgraFlora Organics builds pharma-grade R&D laboratory

AgraFlora Organics International Inc., a growth-oriented and diversified international cannabis company, is pleased to announce that it has completed the construction of its pharmaceutical-grade research and development laboratory titled the “R&D Laboratory" at its 51,500 square foot GMP edibles manufacturing facility in Winnipeg, Manitoba, also known as the “Winnipeg Edibles Facility”.

AgraFlora Organics International Inc. is a growth-oriented and diversified company focused on the international cannabis industry.

AgraFlora Organics International (WKN: A2N9KA) just announced that it has completed the construction of its pharmaceutical-grade research and development laboratory at its 51,500 square foot GMP food manufacturing facility in Winnipeg, Manitoba.

The company’s 750 square-feet turnkey, research and development laboratory has a comprehensive suite of customized cannabinoid testing and product formulation equipment including:

  • High-performance liquid chromatography
  • Microbiological test instruments
  • Specific confectionery tests
  • An output of more than 1, 000 premium chocolates or gumdrops per hour
  • Proprietary triple-shot insert capable of producing chocolate with a liquid core
  • A full vacuum pressure confectionery cooking system.

The Hemp.im hemp news application helps readers digest the cannabis news summaries in small digestible chunks, helping them be up to date with the newest information in this field.

This means all the important news in the cannabis industry, including companies like AgraFlora Organics, Canopy Growth or Aurora Cannabis, to name just a few, are now at your fingertips.

AgraFlora Organics gets ready for the edibles market

At the company’s Winnipeg edibles facility, it is possible to formulate cannabinoid-infused fruit and vegetable purees and mass-produce them in accordance with the stricter Cannabis 2.0 regulations of the province of Quebec.

This unique product development capability will enable the market share of the food and concentrate industry in Canada’s second-largest province.

Initially, AgraFlora Organics will manufacture four CBD or THC-infused pectin and/or gelatin-based rubber SKUs with Meso-American characteristics, as previously announced.

AgraFlora’s Winnipeg edibles facility has more than 30,000 square feet of food production space and is equipped with fully automated production processes.

AgraFlora Organics International (WKN: A2N9KA) had the entrepreneurial foresight to invest in state-of-the-art plant and equipment before the introduction of Cannabis 2.0.

Equipped with this state-of-the-art facility, it is expected that AgraFlora will become the market leader in the highly lucrative cannabinoid fortified and functional food markets.

Partnerships with Canadian licensed producers

AgraFlora Organics hopes to be on top of cannabis legalization 2.0 in Canada. (Source)

AgraFlora Organics International (WKN: A2N9KA) also announces that it is currently entering into product formulation, contract manufacturing and research and development agreements with various Canadian licensed cannabis producers.

The company predicts that its research and development laboratory will act as a hub for innovation and will set the industry standard for the industrial production of value-added cannabis products.

We also think that it is only a question of time until AgraFlora will present the first well-known licensed producers as contractual partners.

Licensing and production at AgraFlora Organics

The “official license for cannabis cultivation” in this greenhouse with gigantic dimensions of 2,200,000 sq ft (or 29 football fields) should actually take place in the next few days.

Since the last step before the license was granted had already been taken, the usual time between submission and issuance has already elapsed. Therefore, the company expects a positive decision immediately.

There is no doubt that 2020 will not only be a successful year for the company, but also for its shareholders. If you want to realize high profits, you should consider investing in the stock now.

AgraFlora Organics Int. (WKN: A2N9KA) concludes supply and license agreements in advance. This means that you can quickly start selling in different sectors of the cannabis business as soon as production has started.

AgraFlora is one of the most promising stocks on the market

AgraFlora Organics’ massive production plan could be the reason it has one of the largest cannabis stocks in the market. (Source)

The really big names in the cannabis industry put billions in valuations on the stock market scales.

Even if only a part of the ambitious plans of the AgraFlora management is successful, a future valuation of the company worth billions does not seem unrealistic.

With regard to the outlook and the valuation – we believe that AgraFlora is obviously one of the most promising cannabis stocks on the market.

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(Featured image by Scott Webb via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Hemp.im, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in FinanzNachrichten, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Eva Wesley

Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.

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