Edibles and Infusions Corp., the brainchild of Cavalier Candies CEO, James Fletcher, will start making cannabis-infused soft chew gummies this week on a small production line that is capable of making 8,000 pieces per hour.
Equipment for much larger production rates — 31,000 pieces per hour — is en route from Germany and is expected to be commissioned and in production by the end of the summer.
The plant was originally a partnership between Fletcher and AgraFlora, a B.C. licensed producer.
But in April it was sold for $22 million to Organigram Holdings Inc., a licensed producer based in Moncton, N.B. (The purchase price was paid for in Organigram shares and Fletcher and Agraflora will receive up to an additional $13 million in shares of Organigram if certain sales milestones are met.)
Fletcher, who sold his stake to Organigram, which now owns 100 per cent of the Edibles and Infusions Corp., stays on as president of Edibles and Infusion and is happy with his new partners.
"Organigram have been fantastic partners," he said. "Their team has helped out with everything I could ask for. I’m happy we’re getting into production."
The enterprise has received $500,000 from the federal-provincial Growing Forward program and Fletcher said he is glad to be in the position of giving back to the province, hiring about 30 people over the next few weeks.
-winnipeg free press