Christina Lake Cannabis: Disrupting the Market with Ultra-Low Cost Production
September 17th, 2020
Exclusive, News, Top Story
Cannabis is quickly moving from a hot commodity to a regular commodity as a growing number of licensed producers put pressure on prices. While the government hopes that falling prices push out black market competition, many companies have seen their margins contract after just a short time in production—spelling danger for investors in the space.
Let’s take a look at a next-generation Canadian licensed producer that aims to further disrupt the market with ultra-low cost production—and it’s going public soon!
Location, Location, Location
Christina Lakes Cannabis (CSE: CODE) (listing pending) is a licensed producer that’s situated in the heart of two intersecting valleys in British Columbia. Given its position in a fertile delta and one of the hottest parts of Canada, the outdoor cultivator expects to produce upwards of 20,000 kilograms of high-quality refined cannabis at a price which is a fraction of what indoor and greenhouse producers are presently producing at.
The company’s location provides several benefits:
- Low Elevation: Mild climate, favorable weather and an extended season.
- Consistent Breeze: Fewer pests, stronger plants, greater respiration.
- Low Annual Rainfall: Less rot, less mildew, less water damage.
- Latitudinal Valley: Extended sunlight, larger plants, higher yields.
In addition to the optimal climate for growing cannabis, the company leverages state-of-the-art automation to feed and water the plants. For instance, the company operates a drone that flies over the cultivation footprint four times per day to measure the heat signatures of plants and determine if they require more or less water or are compromised in any way.
Christina Lake Cannabis’ burgeoning 2020 grow
Ultra-Low Cost Production
Christina Lake Cannabis’ production costs are extremely competitive to industry peers that produce cannabis at $1.00 to $4.00 per gram. In fact, the prices are so low that the company aims to effectively compete with the illicit market on price, achieving a key governmental goal with legalizing cannabis for recreational use.
The company is actively growing 19 specific strains of cannabis with THC concentrations ranging from 17% to 23%. With on-site extraction, the company aims to convert full-spectrum cannabis into high margin processed oils that can sell for $12 to $60 per gram.
The company owns a rare Health Canada R&D license (one of only four in the Country) that among other things, enables them to pursue research grants. With its significant production capacity and unique strains development, the company could develop unique recreational and medical strains designed to achieve certain effects, while generating revenue from research and development activities.
Click the image to see an aerial view of CLC’s property
Experienced Management Team
The Christina Lake Cannabis team has considerable operational experience in British Columbia’s cannabis industry. While many cannabis companies have prioritized capital markets expertise, the company’s focus on operations could set it apart when it comes to quality, volume, scalability and eco-friendliness.
Master Grower and Director Nicco Dehaan is the brains and brawn behind not only Christina Lake’s proprietary genetics, but its operation as a whole. In addition to an extensive agricultural background, he was involved with a large privately-held ranch in Grand Forks, BC for over 20 years and has helped develop a number of unique cannabis strains over the past ten years under various medical cannabis licenses.
Nicco is joined by Master Grower Steve Bowering, who has 20 years of horticulture experience. During his career, Steve consistently improved cultivation yields and quality while reducing operational costs by realizing efficiencies through continuous design and process improvements, making him a significant asset to the team.
Christina Lake Cannabis planted almost 25,000 plants on its 32-acre property in the spring and plans to harvest upwards of 20,000 kg’s of biomass this fall. After acquiring a neighboring 99 acre property, the company has a longer term opportunity to become one of the largest outdoor licensed producers in Canada and a leading low-cost producer in the market.
The company is in the final stages of going public on the Canadian Securities Exchange (CSE), which will open the door for retail investors to participate in potential upside. If you’re interested in learning more, sign up to download the investor presentation and receive a going public alert when the public listing happens.
The above article is sponsored content. CannabisFN.com and CFN Media, have been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
Follow Us on Social Media
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.