AgraFlora provides grow update for its Delta greenhouse

Delta, BC. AgraFlora Greenhouse

VANCOUVER — AgraFlora Organics International Inc. provides a 2021 phase 1 guidance for its cannabis cultivation operations at Propagation Services Canada Inc., the Company’s cultivation asset located in Delta, British Columbia.

2021 Guidance Highlights:

• PSC to complete dry room infrastructure slated to provide capacity for ~500,000 grams of dried saleable product;
• Projected to begin executing on wholesale transactions in May 2021;
• Delta to grow 10,000 plants for first saleable harvest and expects to yield 50 grams per plant (Based on test 2020 test harvest);
• AgraFlora to release 5 different varieties for first sale to wholesale partners

The Delta Facility will begin utilizing its recently received agriculture loan to complete the Phase 1 rollout of infrastructure required for saleable product. AgraFlora will commence upgrading the dry rooms at the Delta Facility to hold a capacity of 500,000 grams of dry saleable high potency varieties.

Based on the data collected from the test crop of genetics, which was harvested in Q4 of 2020, PSC will expect to cultivate 10,000 plants and aim to yield 50 grams per plant of saleable product.

Ruben Houweling, general manager of Houweling Nurseries stated, “We are well positioned to roll out first sales in 2021 after careful review of the first test crop that was recently completed. Our well-integrated organization will look to over 5 different varieties of high potency low cost cannabis flower.”