GrowForce operates a vertically integrated cannabis platform offering cultivation, extraction and retail licensing and turnkey operational services. The company holds majority interests in flagship facilities operated under Health Canada’s ACMPR and has an exclusive licensing and management agreement with MJardin. GrowForce plans cultivation expansion and strategic acquisitions to build capacity and consolidate Canadian and international cannabis assets, targeting partnerships with First Nations for new large-scale facilities. It reports planned cumulative Canadian production capacity of approximately 60,000 kg per annum. The company has exclusive access to non-dilutive growth capital through a strategic partnership with Bridging Finance and the Bridging Infrastructure Fund. GrowForce intends to use recent funding for capital expenditure related to cultivation expansion, acquisitions of high-quality cannabis assets, and general working capital to execute its growth strategy.

Total raised

$29M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2018