Cronos Group has formed a partnership with a group of investors led by Bert Mucci – a Canadian greenhouse operator and builder – to construct a state-of-the-art purpose-built greenhouse for cannabis production in Kingsville, Ontario.
The partnership will function through a newly-formed entity Cronos Growing Company, which will develop, construct and operate the greenhouse. The company will develop an about 850,000 sq. ft. custom-built greenhouse on about 100 acres of land in the established greenhouse region of Kingsville, Ontario.
The Leamington/Kingsville region of Ontario is home to the largest concentration of greenhouses in North America and is commonly referred to as the “Sun Parlour,” since the area boasts one of the warmest climates in Canada. The greenhouse materials are currently on the production site and construction will begin this summer.
Construction of the facility is subject to obtaining the necessary funding, the relevant building permits and other customary approvals and commencement of operations at the facility will be subject to obtaining the appropriate licenses under applicable law.
The company did not disclose any construction timeline.