The Delta Facility will receive $5000000 which will provide full funding to the licensed cultivation areas
AgraFlora Organics International Inc. (AgraFlora) a Canada based leading cannabis company building shareholder value through the development of revenue-generating operating assets in the global cannabis industry, has recently announced that Propagation Services Canada Inc. the Company’s flagship cultivation asset located in Delta British Columbia (the Delta Facility or PSC) has received an Agriculture Loan (the “Loan”) to bring its cannabis cultivation to market and continue Phase 1 of the Company’s cultivation strategy.
As part of the loan, the Delta Facility will receive $5000000 which will provide full funding to the licensed cultivation areas and will allow the PSC team to bring their first crop of low-cost high potency cannabis to market on a wholesale basis in Q1 2021.
The curated portfolio of elite genetics at the Delta facility has been tailored to work with PSC’s Delta-based infrastructure and utilizing 422828 sq. ft. of cultivation space with state-of-the-art semi-pressurized semi-open Venlo greenhouses.
With demand for high potency products trending upward especially within the value pricing segment PSC is uniquely positioned to produce a compelling value proposition for wholesale customers: high potency cannabis with desirable strains at a competitive price.
