SOL Global Portfolio Company, One Plant Florida, Receives Approval and Commences Operations at 54,000 Sq. Ft. Nexus Greenhouse Facility at Its Indiantown, Florida Farm
One Plant Florida Week-over-Week Sales Growth and Performance Against other more established Florida Cannabis Companies (on a Percentage Basis) Remains Strong Amid Covid-19 Pandemic
April 14, 2020 09:00 AM Eastern Daylight Time
TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that its portfolio company, CannCure Investments Inc, which owns and operates One Plant Florida (formerly 3 Boys Farm, LLC), has received the required written approval from the Florida Office of Medical Marijuana Use (“OMMU”) and has commenced cultivation operations at its new, state-of-the-art 54,000 square-foot Nexus greenhouse facility in Indiantown, Florida.
Per approval from the OMMU as of April 9, 2020, One Plant Florida has commenced cultivation operations in two bays of its new greenhouse, including cultivation of some of its most popular premium and rare strains of cannabis flower such as Mac1, Runtz, SherbD, ChemD, Chem91, I75, Fish Whistle, Dirty Lemons, and Ebony and Ivory, among others.
One Plant Florida expects its first harvest from the new greenhouse facility will occur on or about June 15, 2020. One Plant Florida’s new greenhouse facility — designed and manufactured by the renowned Colorado-based company Nexus Greenhouse Systems — consists of ten (10) approximately 5,000-sq.-ft. cultivation rooms, all of which feature individual and customizable climate control systems, shade control and light deprivation systems, automation control systems, and irrigation and fertigation systems. One Plant Florida expects to complete its move into the remainder of the facility by June 1, 2020, pending the receipt of all required regulatory approvals. Once the new greenhouse is at full optimization, One Plant Florida expects to harvest approximately 1,300 pounds of premium cannabis flower per month which will be sold as flower, pre-rolls, distillate and in concentrate form.