17:51:33 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 143,335,736
Close 2019-04-23 C$ 3.81
Market Cap C$ 546,109,154
Recent Sedar Documents

Emerald Health says JV on track for 75,000 kg/year

2019-04-23 07:46 ET - News Release

Mr. Rob Hill reports

EMERALD HEALTH THERAPEUTICS ANNOUNCES PURE SUNFARMS' DELTA 3 GREENHOUSE IS FULLY PLANTED; REPORTING YEAR END FINANCIALS MAY 1ST

Emerald Health Therapeutics Inc.'s 50-per-cent-owned joint venture, Pure Sunfarms, has completed planting of the final quadrants of its 1.1-million-square-foot Delta 3 greenhouse operation in Delta, B.C. As a result, the entire 1.03 million square feet of growing area at Delta 3, comprising 16 individual grow rooms, is on track to reach its annualized full production run rate of 75,000 kilograms by mid-2019.

Pure Sunfarms is now moving forward on its plan to convert the nearly identical 1.1-million-square-foot Delta 2 sister facility with the goal of at least doubling annual cannabis production to 150,000 kilograms and support its goal to be the high-quality, low-cost producer in Canada. Pure Sunfarms aims to complete its first harvest at the Delta 2 facility mid-2020 and achieve full run rate production in the fourth quarter of 2020, subject to the receipt of Health Canada licences.

Emerald Health Therapeutics fourth quarter and 2018 year-end conference call

Emerald Health Therapeutics will host its fiscal fourth quarter and 2018 year-end financial results conference call on Wednesday, May 1, 2019, at 8:30 a.m. ET.

To access the audio broadcast, please dial 866-652-5200, or via the Internet at the Chorus Call website. An archived version of the presentation will be available for 90 days on the investors section of Emerald's website.

About Emerald Health Therapeutics Inc.

Emerald Health Therapeutics is a Canadian licensed producer of cannabis. Its 50-per-cent-owned Pure Sunfarms joint venture in British Columbia is licensed to cultivate in 1.03 million square feet of the first of its two 1.1-million-square-foot greenhouses. The capacity of each greenhouse is estimated to exceed 75,000 kg of cannabis annually. Emerald's Verdelite operation in Quebec is completing the build out of its 88,000-square-foot indoor cultivation facility and is scaling up production.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.