Invictus MD Strategies
Last modified by Asif Farooqui on 2019/11/12 16:35
Invictus MD (IVITF) is a cannabis company founded in Vancouver, Canada. Invictus MD went public December 2014. The company represent a platform of licensed producers, under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), dedicated to providing high-quality, regulated pharma-grade cannabis for medical and recreational use. The company's growers are supported by over 250 acres of buildable property with full access to its team of industry-leading horticulturists, biochemists, and project managers.1
Production update
Acreage Pharms Ltd - West-Central, Alberta
Phase 1 - Existing
- 6,800 sq ft purpose built concrete and steel facility
- 609 kg cannabis cultivation capacity per annum
- Level 8 vault allows for storage onsite of $31.25MM of dried cannabis
- The current 150-acre property can accommodate future expansion plans
- Invictus MD owns 100% of Acreage Pharms
Phase 2 - Funded Expansion
- 32,000 sq ft purpose built concrete and steel facility
- 4,391 kg cannabis capacity per annum
- Purpose built concrete and steel facility
- Level 8 vault will allow for storage onsite of $31.25MM of product
- $6.0MM Project
- Permitted, construction in progress - expected completion by January 2018
- Fully funded
Phase 3 - Expansion
- 76,750 sq ft purpose built concrete and steel facility
- 9,000 kg cannabis cultivation capacity per annum
- $16.5MM Project expected to be completed by June 2018 - subject to permitting
- Fully funded
AB Laboratories Inc. - Hamilton, Ontario
- 16,000 sq ft purpose built concrete and steel facility
- 1,000 kg cannabis cultivation capacity per annum
- Actively seeking adjoining properties for direct expansion to the existing facility
- Invictus MD owns 33 1/3 of AB Laboratories Inc.
Phase 1 - Funded Expansion
- 21,000 sq ft expansion plan is expected to be completed by the end of 2017 with an additional 21,000 sq ft building envelope
- 3,000 kg cannabis cultivation capacity per annum
- Purpose built concrete and steel facility
- $5.5MM projected cost for Phase 1 expansion
- Fully funded subject to permitting
Production Forecast
| Year | Acreage Pharms (kg) | AB Labs (kg) | AB Ventures (kg) | Total (kg) |
|---|---|---|---|---|
| 2017 | 50 | 250 | 0 | 300 |
| 2018 | 3,850 | 1,000 | 3,000 | 7,850 |
| 2019 | 8,000 | 1,000 | 8,000 | 17,000 |
| 2020 | 15,000 | 1,000 | 15,000 | 31,000 |
| 2021 | 25,000 | 1,000 | 24,000 | 50,000 |
