Cann Group has been awarded a grant for up to $1.975 million under the Regional Jobs Fund established by the Victorian Government. The grant has been confirmed by Minister for Agriculture and Regional Development Jaclyn Symes.
"The grant will assist with the funding of electricity upgrades at the site of Cann Group’s planned state-of-the-art cultivation facility near Mildura in regional Victoria," the team with the company explains. "Development of the Mildura facility has the potential to generate 150 new permanent jobs."
Mildura was chosen as a suitable site for the establishment of the cannabis cultivation and processing facility due to the region’s agricultural and horticulture heritage and because of the local climate, specifically, the days of sunshine and high light intensity which are conducive to cultivating cannabis crops.
Cann Group CEO Peter Crock welcomed the grant, saying the support of the Victorian Government is critical in developing the State’s leadership position in the emerging Australian medicinal cannabis industry.
“Our plans to develop commercial scale production capacity at Mildura are central to the Company’s strategy of being a fully integrated medicinal cannabis company that can service both Australian domestic patients and access valuable overseas markets.
“This grant is a tangible demonstration of support from the Victorian Government in terms of our objectives.”
For more information:
Cann Group
+61 (0)3 9095 7088
[email protected]
canngrouplimited.com