VANCOUVER, British Columbia – Chemistree Technology Inc. (CSE: CHM and CHM.wt) (US OTCQB: CHMJF) (the “Company” or “Chemistree”) is pleased to announce that the Washington State Liquor and Cannabis Board (“WSLCB”) has approved the Company’s expanded facility in Sedro Woolley for cultivation and processing operations. The expansion increases the size of the cultivation area by approximately 30%.
Chemistree commenced construction of the additional grow room in early March, but progress was delayed by the statewide restrictions brought-on by the Covid-19 pandemic. Management is pleased that the project was completed safely and expeditiously by all the contractors and sub-trades involved; always, keeping workers protected. The expanded space will now be turned over to the licensee, Sugarleaf for planting and active cannabis operations.
Travis Royce, Sugarleaf’s General Manager stated “Due to our phenomenal crew and practices, our biggest hindrance since day one has been lack of material and growing space. With the WSLCB’s final approval, we now can put our product in more consumers’ hands while simultaneously strengthening our existing client relationships and opening new ones. This is an enormous moment for the Sugarleaf brand and we would absolutely not be in this position without the guidance and support from Chemistree.”
Chemistree President Karl Kottmeier commented, “We have worked together with Sugarleaf to meet their requests for more operating space. I am most grateful that our team has been able to hand over a turnkey expansion customized to their specifications in the midst of a global pandemic. Washington State is a mature market in the US cannabis industry – and having a larger footprint will benefit Sugarleaf, its retailers and customers for years to come.”
About Chemistree Technology Inc.
Chemistree Technology Inc. is an investment company dedicated to the U.S. cannabis sector, endeavoring to provide turn-key solutions for the regulated cannabis industry. The Company’s corporate strategy is to acquire and develop vertically integrated cannabis assets and to invest in other cannabis-related opportunities, leveraging management’s decades of expertise in the cannabis industry and corporate finance. For more information, visit www.Chemistree.ca
