Emblem Corp Stock (TSXV: EMC) (OTC: EMMBF) - Investor Dashboard
KRL, a wholly-owned subsidiary of Emblem, purchased a pre-existing agricultural production facility in Paris, Ontario (i.e. the “Existing Facility”). The Existing Facility is located on three (3) acres of industrial (M2 Special Industrial) zoned lands which is suitable for significant expansion. The Existing Facility has convenient access to Highway #24A (Grand River St, N) and Highway #403. The Existing Facility consists of a 23,500 sq. ft. production building and a separate 3,500 sq. ft. administration building. In October, 2015 Emblem purchased a contiguous 1.2 acre parcel of land with a 5,000 sq. ft. administration building.
The main 23,500 sq. ft. production building has been renovated to incorporate 2,400 sq. ft. of mothering and vegetation rooms and 3,200 sq. ft. of flowering rooms together with attendant drying, packaging & fulfillment areas, vault area and administration. The production building also has an additional three growing rooms comprising 4,800 sq. ft. in the aggregate (the “Phase 2 Grow Rooms”) that are currently being completed and equipped and are expected to be put into production in February/March of 2017. The production building has high quality shipping/receiving capability and ample parking. After completion 33 of the Phase 2 Grow Rooms, the production building will allow Emblem to produce about 1,750 kgs of medical marihuana annually.
Emblem is in the process of adding a fully funded, 30,000-square-foot processing and formulation laboratory to the Paris facility. This space will also include a 5,000-square-foot formulation and analytical laboratory. The building, led by by President of Emblem Medical John Stewart, is expected to be completed and licensed by Q3 2018.
Emblem is in the process of building a cultivation facility in Woodslee, Onatario. The fully funded facility will feature a closed box cultivation strategy and include a GMP-certified lab. When completed, the facility will have an annual capacity of 2,000-kilogram. This facility, slated for completion in Q3 2018, will focus on high-quality dried flower.
Emblem is building its Paris Road cultivation facility on 80 acres of commercial land in Paris, Ontario. The 170,000-square-foot purpose-built greenhouse is expected to have a 15,000-kilogram capacity when it comes online in Q1 2019. The fully funded facility will focus on oil processing.
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