Deusfolium announce a 12 million dollar investment in Laval, Quebec

A new state-of-the-art cultivation and processing facility using robotic and IoT
By: Deusfolium Inc.
 
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MONTREAL - Nov. 30, 2018 - PRLog -- Today, Deusfolium announced that it is making an investment of up to $12 million in a new facility located in Laval, Quebec to grow and process finished cannabis products.

In response to rapidly growing global demand for cannabis products, Deusfolium announce an investment of up to $12 million in its first facility featuring a 100,000sq feet greenhouse located on 85 acres of property in Laval, Quebec. The company projects to start construction in 2019 and is expected to begin cultivating cannabis in the first half of 2020 subject to the receipt of necessary regulatory approvals.

With the beginning of adult-use legalization, Deusfolium will form partnerships to supply Quebec and Manitoba with adult-use cannabis products. Deusfolium expects to sign additional supply agreements with crown corporations or private entities in other provinces and territories this year and will fulfill these agreements.

About Deusfolium
Deusfolium aims to be a global pioneer in cannabis research, cultivation, processing and distribution. The company will offer high-demand products to satisfy the customer's needs.

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Source:Deusfolium Inc.
Email:***@deusfolium.com Email Verified
Tags:Pharmaceutical
Industry:Agriculture, Biotech, Medical
Location:Montreal - Quebec - Canada
Subject:Projects
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