From cannabis to flowers: One Canadian company’s journey

From cannabis to flowers: One Canadian company’s journey

It was just a few years ago that some ornamental operations were either shifting production to cannabis, or expanding into that market with new facilities. Now, with the cannabis market in a state of uncertainty, there may be signs of a shift back.

Edmonton, Alberta-based Aurora Cannabis says it plans to have its Aurora Sun greenhouse repurposed and producing starter vegetables and flowers by this time next year.

“By leveraging purpose-built but underutilized cannabis facilities, our team of cultivation experts is undertaking a transformational product-line extension, moving into the profitable cultivated orchids market while continuing to grow the reach of the base business,” said Miguel Martin, CEO of Aurora, in a recent post on MedicineHatNews.com, an Albert-based news publication.

Company presentations state through the move of B.C.-based Bevo into Leduc and Medicine Hat facilities, it hopes to expand sales supply into Alberta and American Midwest greenhouse markets.

There is no immediate timeline or budget estimates for Aurora Sun refitting, completion, or operations in documents that target the company’s first fiscal quarter of 2025, which begins next summer.

Continue reading.

Image by jcomp on Freepik

Source:

Share



Hortibiz Newsradio
Tune in!

Hortibiz Newsradio

24/7 news and information

Stay up to date with Hortibiz Daily News.
Subscribe to Hortibiz Daily News!

Stay up to date with Hortibiz Daily News.

Horticultural news, market insights and technology

Career at Holland Hortimedia?
Apply!

Career at
Holland Hortimedia?

Content manager m/f – Sales manager m/f

Ads from tuinbouwmarktplaats.nl

Today on Hortibiz Newsradio, listen back to podcasts!