05:18:20 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 142,502,982
Close 2019-02-20 C$ 3.92
Market Cap C$ 558,611,689
Recent Sedar Documents

FP/CP say Emerald Health unit to help supply Quebec

2019-02-21 09:34 ET - In the News

The Financial Post reports in its Thursday, Feb. 21, edition that Emerald Health Therapeutics says it has expanded its cannabis production facility and is poised to create 140 jobs in the off-island Montreal suburb of Saint-Eustache. A Canadian Press dispatch to the Post reports that Emerald Health, which is based in B.C., says it is nearing completion of a $100-million upgrade to an indoor grow site. The production facility, soon to be built out to 27,800 square metres, is set to include 23 growing rooms sprouting about 200 strains of cannabis. Chief executive officer Avtar Dhillon says a "substantial" chunk of the output will go toward a supply-parched Quebec market, but that some cannabis would also feed into Emerald's production of bud, oils, edibles and vaping products. The 140 jobs, about 60 of which have been filled, include planting, harvesting and packaging roles, as well as lab technicians, research and development scientists, and executive positions. The production facility, acquired in Emerald's purchase of Quebec producer Agro-Biotech in May, 2018, is now run by Emerald subsidiary Verdelite Sciences Inc., licensed by Health Canada. Emerald Health shares closed up 55 cents at $3.92 on Wednesday.

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