SpeakEasy Cannabis Club receives cannabis license from Health Canada

British Columbia producer of high-quality cannabis in small quantities expands its presence in the leisure and medical cannabis markets. The company received the coveted license from Health Canada to grow, process, and sell cannabis for medical purposes. Immediately after the licenses were granted, the company began growing cannabis in its 929 square meter indoor facility.

SpeakEasy Cannabis Club (CSE: EASY) (Frankfurt: 39H) is pleased to announce that it has received the coveted license from Health Canada to grow, process and sell cannabis for medical purposes.

The company is based on 117 hectares of fertile land in the famous Golden Mile of Okanagan, British Colombia.

Furthermore, it has already proven that it meets the strict requirements of the cannabis industry. And from now on, it can grow its high-quality, small-volume cannabis and offer it to the rapidly growing leisure and medical cannabis markets.

Immediately after the licenses were granted, the company began growing cannabis in its 929 square meter, specially constructed, state-of-the-art hall facility.

The company has acquired a comprehensive and unique gene database whose material will be used as a base for cannabis cultivation in the facility.

SpeakEasy Cannabis Club makes more opportunities for investors

SpeakEasy Cannabis Club Ltd has received the license from Health Canada to grow, process and sell cannabis for medical purposes. (Source)

Medical cannabis is a sector that brings profit to the cannabis industry. One potentially useful hemp investing tool is the Hemp.im app and its companion investment news website.

Hemp.im provides the latest news about the CBD and hemp sector, which is predicted to be worth more than $14.67 billion by 2026.

This important market is beginning to emerge in Poland and the rest of the world and could represent a unique investment opportunity. In order for European investors to capitalize on cannabis opportunities, it is important that they remain informed.

Cultivation site helps fulfill a long-cherished dream

The SpeakEasy site for outdoor cultivation has also been completed and is now ready to receive this genetic material for the 2020 field season.

SpeakEasy Cannabis Club plans to submit the necessary documentation for the field area and supplement its license to be allowed to grow cannabis on an open field, on its 24-hectare site.

“By finally obtaining our license, all of us in the SpeakEasy family have fulfilled a long-cherished dream. The support we have received from shareholders, co-workers, family and friends has been overwhelming, and I appreciate that more than I can express,” said Marc Geen, founder of SpeakEasy Cannabis Club.

Medical cannabis production in Okanagan

Medical cannabis is a sector that brings profit in the cannabis industry. (Source)

“When it comes to producing phenomenally good, handcrafted cannabis, well-managed farms will always be better than factories, and culture will always be more visible than the interests of corporations. Normal people know what’s real and SpeakEasy Cannabis Club wants to set an example by telling the stories of the people behind it through the outstanding quality of our products,” he said.

Once the expected outdoor license is available, the way is clear for SpeakEasy Cannabis Club to become one of the largest cannabis producers in Canada.

This is because its capable of producing outdoor cannabis flowers at an extremely low cost per gram and small quantities of indoor cannabis flowers of extremely high quality.

(Featured image by Alexandre Chambon via Unsplash)

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Valerie Harrison

Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.