Benchmark Botanics Appoints Hon. James Moore to Board of Directors
https://web.tmxmoney.com/article.php?newsid=7901365731481363&qm_symbol=BBT:CNX
Cannabis Producer $BBT.C
(CSE: BBT) (FSE: BBW) (OTC: BHHKF)Benchmark Botanics is a diversified multi-licensed cannabis producer focused on its three-way vertical business model, with sales and distribution into the medical, pharmaceutical, and recreational markets in Canada, and the EU. The Company’s business plan includes a strategy to become the first Canadian licensed producer to enter and sell nutraceutical medical cannabis and hemp in China and throughout Asia.Benchmark Botanics is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers, as well as developing international business partnerships to extend the Company's global footprint.Benchmark Botanics’ 100% owned subsidiary, Potanicals Green Growers Inc. is a Health Canada licensed producer under the Cannabis Act and its regulations (formerly ACMPR). The Company is producing at its indoor Peachland Cannabis Complex and is in the design stage for a Phase II expansion of an additional 50,000 square foot facility. Along with cultivation and production, the company’s Peachland BC facility also provides propagation, cultivation, cloning, storage, research & development, genetics, CBD oil extraction and is progressing towards an EU-GMP certification.As part of its expansion strategy the company’s plans to build up to 236,940 sq. ft. of growing space to produce 25,550 kg of cannabis per year and is building its second facility a 100% owned 4-acre (1,618 ha) Pitt Meadows Greenhouse Operations, in BC.The Company has established several European Union partnerships including the rights to “The Bulldog” trademark in Canada. The Bulldog trademark has a long-established successful history as one of the most well-known cannabis cafe brands in Amsterdam and around the world.Benchmark Botanics has entered into an agreement with Barcelona, Spain-based Green BCN Corp. (“BBG Projects”) for the development and production of new strains of cannabis plant varieties and their propagating material for sale and distribution. Benchmark Botanics has also established German commercial partnerships to import the Company’s products into Germany and distribute throughout Europe.www.benchmarkbotanics.com
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