Mr. Marc Geen reports
SPEAKEASY COMPLETES BUILDING SITE FOR PHASE 2 EXPANSION OF 80,000 SQUARE
FOOT 'CANNABIS COMPLEX' TO PRODUCE PREMIUM SMALL BATCH AT SCALE
Speakeasy Cannabis Club Ltd. has completed the building site in
preparation for the erection of the 80,000-square-foot phase 2 expansion. The completion is running ahead
of schedule, and construction will begin imminently. Additionally, the company is in the process of
completing the purchase of the greenhouses that will play a vital role in fulfilling the supply agreement with
Valens Groworks Corp.
The company is also pleased to have secured seven megawatts of power from Fortis at its Rock Creek
facility. "Our relationship with Fortis, along with our strategic location, have made this major power upgrade
possible," stated Marc Geen.
"We are pleased to be ahead of schedule with the construction of our phase 2 expansion at Rock Creek.
This goes hand in hand with our corporate vision of being a leader in premium indoor cannabis. We
anticipate having the first section of the project completed and ready for Health Canada inspection by the
beginning of September, 2018, following our cultivation licence," stated chief executive officer Marc Geen.
"By combining our greenhouse facility with our phase 2 expansion that includes our state-of-the-art
extraction lab, we look to have a fully vertically integrated product line that is not only of high quality, while
maintaining low-cost production. Comparing it with any other agricultural product, it's the companies that
refine their own products that have better margins," stated director Anthony Jackson.
We seek Safe Harbor.
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