Delta 3 greenhouse

Delta 3 greenhouse
Map
Alternative namesPure Sunfarms
General information
TypeGreenhouse
LocationEast Ladner, British Columbia
Coordinates49°05′02″N 123°00′07″W / 49.084°N 123.002°W / 49.084; -123.002
OwnerVillage Farms International
Technical details
Floor area1,100,000 sq ft (100,000 m2)

Delta 3 greenhouse in East Ladner, southwest British Columbia, may be the world's largest cannabis greenhouse. As of 2018, the greenhouse is owned by Pure Sunfarms, a wholly owned subsidiary of Village Farms International.[1][2] In early 2018, it was licensed to expand to 1,100,000 square feet (100,000 m2) (25 acres), enough to produce 75 metric tons of cannabis annually.[3][4] The company owning the greenhouse has options to expand to another two greenhouses; combined they would produce 300 metric tons per year, equal to roughly half of Canada's entire recreational cannabis consumption at the time nationwide legalization commenced in 2018.[1][5]

The Delta 3 greenhouse was originally built and operated by Canagro Produce Ltd. and Century Pacific Greenhouses Ltd. to grow vegetables. The site was purchased by Hot House Growers in 2003[6] and then taken over by Village Farms in 2006[7] in a merger that created one of North America's largest greenhouse growers.[8] In 2017 Village Farms announced plans to enter the legal cannabis market by converting the Delta greenhouses through a joint venture with Emerald Health Therapeutics called Pure Sunfarms. Due to financial difficulties at Emerald, in September 2020 Village Farms reached an agreement to buy the remaining stake of Pure Sunfarms. As a result, all Delta greenhouses returned to Village Farms ownership.[9][10]

See also

  • Tweed Farms, Ontario: Canada's largest cannabis greenhouse in 2014

References

  1. ^ a b Wallace 2017
  2. ^ Gyarmati 2017
  3. ^ Gyarmati 2018
  4. ^ CBC 2017
  5. ^ Wallace 2018
  6. ^ Hot House Growers Acquires BC Business, Lexpert, December 2003
  7. ^ Village Farms to acquire Hot House Growers fund, The Globe & Mail, August 25, 2006
  8. ^ The Top Fresh Produce Greenhouse Growers in the U.S. (Updated 6/18/21), Lexpert, December 2003
  9. ^ Village Farms buying balance of Pure Sunfarms as cannabis M&A 'improving', MJBizDaily, September 9, 2020
  10. ^ Village Farms International Completes Acquisition of Pure Sunfarms' Shares to Own 100% of Canada's Premier Cannabis Supplier - Transaction Marks Significant Milestone in Village Farms Transformation to a Plant-Based CPG Company, Village Farms International, November 2, 2020

Sources

Further reading