Investor Presentaiton
1
7
ENGLISH DRIVE
Phase 5 - Refurbishment for Edibles and
Derivative Products
4B
4C
ST. GEORGE BLVD.
4A
Electrical
Substation
EDINBURGH DRIVE
5
56,000 square feet within existing Moncton Campus facility being
refurbished and designed under EU GMP standards for:
•
An edibles and derivative production facility; and
•
Additional extraction capacity
•
Received licensing for expanded site perimeter for Phase 5 edibles
facility including chocolate processing and packaging rooms
Estimated remaining spend of ~$41M as of fiscal 2019 year-end
Total capex now expected to be $60M to $65M¹ (from previously
estimate of ~$48M) primarily due to:
18,000 more square feet of processing space
increased EU GMP design costs and
⚫ multiple automation projects designed to reduce reliance on
manual labour and operating costs
Several factors can cause actual capacity and costs to differ from estimates. See "Risks and Uncertainties" in the Company's Q4 2019 MD&A.
ORGANIGRAMView entire presentation