Evergreen Medicinal Supply is a licensed ACMPR medical cannabis producer that has commenced cultivation at its facility in Victoria, British Columbia. The company operates a 5,700 square foot licensed facility on a 2.9-acre parcel and reports the site is zoned for more than 150,000 square feet of production space. Evergreen cultivates a diversified strain selection and intends to apply to expand permitted activities under its ACMPR license to include selling dried flower and cultivating and selling cannabis oil. The company entered a wholesale sales agreement to sell up to 30 kilograms of bulk-dried cannabis per month to another licensed producer, which it says provides a path to predictable revenue. Evergreen plans a significant facility expansion (Building 2) to increase production capacity to 30,000 kilograms of dried cannabis per year and anticipates completion by the summer of 2018. The company says it will employ advanced growing techniques and emphasizes supporting the local community as part of its operations.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2017