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Tag Archives: Invictus

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Acreage Pharms secures supply agreement with Alberta Gaming, Liquor & Cannabis Commission

Acreage Pharms secures supply agreement with Alberta Gaming, Liquor & Cannabis Commission
Invictus' Acreage Pharms Ltd. ("Acreage Pharms"), fully licensed under the Access to Cannabis for Medical Purposes Regulations ("ACMPR"), is scaling up with new state-of-the-art purpose-built indoor facilities. Phases 1, 2 and 3 are expected to bring Acreage Pharm's gross cultivation space to 130,000 square feet by January 2019, followed by Phase 4 which will add an additional 90,000 square feet, for a total production capacity of 220,000 square feet.
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Invictus Announces Spinout of Poda to Access International and U.S. Markets

Invictus Announces Spinout of Poda to Access International and U.S. Markets
Poda is a zero-cleaning vaporizer system, harnessing innovative technology that can be paired with almost any vaporizable substance including cannabis, tobacco, e-liquids, concentrates, coffee and more. Other pod-based vaporizers on the market today still require cleaning and produce significant waste. Poda vaporizers use patent-pending zero clean technology and offer biodegradable pods. Most importantly, Poda vaporizers will provide consumers with consistent performance.
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Invictus Secures $25.5 Million Debt Financing from ATB Financial to Fund 180,000 sq. ft. Expansion

Invictus Secures $25.5 Million Debt Financing from ATB Financial to Fund 180,000 sq. ft. Expansion
The Financing will be deployed in stages and will help fund the development of two additional 90,000 square foot purpose-built indoor cultivation facilities, including all plans and specifications pertaining to the structural, architectural, mechanical, electrical and interior design. Each state-of-the-art expansion will utilize a controlled and regulated environment for cultivation, trimming, drying and storing, and will include 40 individual flower rooms, each with approximately 1,500 square feet of cultivation space. The Financing is expected to close mid-August and is conditional upon the completion of final due diligence procedures performed by ATB legal counsel.
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Invictus’ Acreage Pharms Receives Oil Extraction License From Health Canada

Invictus’ Acreage Pharms Receives Oil Extraction License From Health Canada
Acreage Pharms' state-of-the-art closed-loop CO2 extraction process produces the highest-quality cannabis oils in the world. The system performs Subcritical and Supercritical Fluid Extraction utilizing high-pressure carbon dioxide to extract essential oils from botanicals, using specific temperatures and pressures to withdraw different components from plants. Through this extraction process, CBD and THC levels can be adjusted to ensure a diverse selection for consumers.  
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