Vida Cannabis paid $500,000 for 315,000 sq.ft. former manufacturing facility in in Stellarton, N.S.
STELLARTON, N.S.—A former television manufacturing plant in Nova Scotia is getting a new lease on life as a medical marijuana production facility.
The former Clairtone Sound Corp. plant in Stellarton, N.S., about 150 kilometres northeast of Halifax, has been approved for sale to Toronto-based Vida Cannabis (Canada) Ltd. for use as a medical marijuana production plant, the company announced.
It paid $500,000 for the 315,000-sq.ft. facility, which is described as “a virtual fortress.”
The building features windowless 18-foot concrete exterior walls and has “no restrictive points” for the company to develop “a customized medical marijuana plant that optimizes the building’s entire square footage.”
Set back nearly half-a-kilometre from the road, the 12-acre property has a single access point, which the company says is ideal for security.
Under the terms of the agreement between Vida and the Town of Stellarton, the company will be granted a 50-year irrevocable licence to produce medical marijuana at the facility.
That production is subject to Vida obtaining a commercial licence from Health Canada.
Vida says the facility will employ as many as 300 people when operational.
The Stellarton facility last operated as a distribution centre for Sears Canada Inc.