Wiki source code of Invictus MD Strategies
Last modified by Asif Farooqui on 2019/11/12 16:35
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1 | {{box cssClass="floatinginfobox" title="**Contents**"}} | ||
2 | {{toc/}} | ||
3 | {{/box}} | ||
4 | |||
5 | = = | ||
6 | |||
7 | 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.{{footnote}}https://fintel.io/doc/sec/1737647/000106299319000266/form40fr12b.htm{{/footnote}} | ||
8 | |||
9 | = Production update = | ||
10 | |||
11 | **Acreage Pharms Ltd - West-Central, Alberta** | ||
12 | |||
13 | **Phase 1 - Existing** | ||
14 | |||
15 | * 6,800 sq ft purpose built concrete and steel facility | ||
16 | * 609 kg cannabis cultivation capacity per annum | ||
17 | * Level 8 vault allows for storage onsite of $31.25MM of dried cannabis | ||
18 | * The current 150-acre property can accommodate future expansion plans | ||
19 | * Invictus MD owns 100% of Acreage Pharms | ||
20 | |||
21 | **Phase 2 - Funded Expansion** | ||
22 | |||
23 | * 32,000 sq ft purpose built concrete and steel facility | ||
24 | * 4,391 kg cannabis capacity per annum | ||
25 | * Purpose built concrete and steel facility | ||
26 | * Level 8 vault will allow for storage onsite of $31.25MM of product | ||
27 | * $6.0MM Project | ||
28 | * Permitted, construction in progress - expected completion by January 2018 | ||
29 | * Fully funded | ||
30 | |||
31 | **Phase 3 - Expansion** | ||
32 | |||
33 | * 76,750 sq ft purpose built concrete and steel facility | ||
34 | * 9,000 kg cannabis cultivation capacity per annum | ||
35 | * $16.5MM Project expected to be completed by June 2018 - subject to permitting | ||
36 | * Fully funded | ||
37 | |||
38 | **AB Laboratories Inc. - Hamilton, Ontario** | ||
39 | |||
40 | * 16,000 sq ft purpose built concrete and steel facility | ||
41 | * 1,000 kg cannabis cultivation capacity per annum | ||
42 | * Actively seeking adjoining properties for direct expansion to the existing facility | ||
43 | * Invictus MD owns 33 1/3 of AB Laboratories Inc. | ||
44 | |||
45 | **Phase 1 - Funded Expansion** | ||
46 | |||
47 | * 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 | ||
48 | * 3,000 kg cannabis cultivation capacity per annum | ||
49 | * Purpose built concrete and steel facility | ||
50 | * $5.5MM projected cost for Phase 1 expansion | ||
51 | * Fully funded subject to permitting | ||
52 | |||
53 | = Production Forecast = | ||
54 | |||
55 | |=Year|=Acreage Pharms (kg)|=AB Labs (kg)|=AB Ventures (kg)|=Total (kg) | ||
56 | |2017|50|250|0|300 | ||
57 | |2018|3,850|1,000|3,000|7,850 | ||
58 | |2019|8,000|1,000|8,000|17,000 | ||
59 | |2020|15,000|1,000|15,000|31,000 | ||
60 | |2021|25,000|1,000|24,000|50,000 | ||
61 | |||
62 | = References = | ||
63 | |||
64 | {{putFootnotes/}} |