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Tuesday, Oct 15, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Cannabis

Northern Canada gets a new cannabis distribution warehouse

This C$300,000 marijuana repository in the Northwest Territories will be situated in Hay River

Northern Canada gets a new cannabis distribution warehouse
Boreal is the only licensed cannabis producer in the NWT. Photo credit: Boreal Cultivation

A remote community in the Northwest Territories will soon be home to a new marijuana warehouse.

The NWT Liquor and Cannabis Commission selected a contractor to build the C$300,000 dollar pot distribution shed last week. It will be situated in Hay River, a town about 240 kilometres southwest of the capital Yellowknife.

Once completed it will span about 1,800 square feet. It will serve as a staging area for the distribution of cannabis goods throughout the region. There are currently six designated retailers throughout the territory, two of which are liquor stores. Also, one online retailer: Releaf NT.

There is only one licensed cannabis producer in the NWT. That is, Boreal Cultivation. The company is comprised of small group of people who were born and raised in the territory. They own a C$2 million dollar cultivation facility in an undisclosed part of Yellowknife with about 500 plants.

Boreal’s flagship native cultivar has been named “Gas Banana.” It is available in British Columbia and Ontario too.

Northern Canada gets a new cannabis distribution warehouse

Shot of cannabis plant’s growing at Boreal Cultivation’s facility in Yellowknife last year. Photo credit: Ollie Williams at Cabin Radio

Read more: Trump voices support for federal rescheduling and banking access

Read more: Organigram closes second tranche of funding from multinational tobacco giant

Hay River police charge senior citizen for illicit grow op

In other recent news southwest of Yellowknife, police have charged a 70-year old man for having 36 illicit plants on his property. In accordance with the Cannabis Act, he was only permitted to have four.

The unnamed individual will be appearing in court at a later date.

Adults are permitted to carry up to 30 grams of dried flower on them in the NWT.

For the fiscal year ended Mar. 31, the northern territory sold C$8.4 million dollars worth of pot.

 

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