DOJA Cannabis Company (CSE: DOJA) this morning said the courts have approved its offer to acquire a 22,580 sq.ft. building in Kelowna, British Columbia, out of bankruptcy protection. The closing of the acquisition is anticipated to take place on October 27. The company is also building a new facility which, upon completion, will raise DOJA’s corporate cannabis production capacity to more than 5,000 kg per year. “The acquisition is a game changer for DOJA, it allows us to expand our production capacity by almost 8 times, diversify our strain production, integrate a world class extraction lab and leverage the economies of scale that come from a larger growing-space. Our strategy has always been to reach 5,000 kg of cannabis production per year by the end of 2018,” DOJA founder and CEO Trent Kitsch stated in the news release.
To view the full press release, visit: http://cnw.fm/Dw0c3
About DOJA Cannabis Company
DOJA™ Cannabis Company is a licensed producer under the ACMPR based in British Columbia’s picturesque Okanagan Valley. DOJA is building a fast growing, lifestyle brand offering high quality handcrafted Cannabis strains in Canada. For more information, visit www.doja.life
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