Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) is pleased to announce the receipt of the license amendment for Zenabis Langley Part 2A, representing an additional 39,400 kg of licensed annual cultivation capacity.

Highlights:

• The amendment received on December 13, 2019 adds 39,400 kg of licensed annual cultivation capacity at Zenabis Langley;
• This amendment increases Zenabis’ total licensed annual cultivation capacity by 69% from 57,000 kg to 96,400 kg of dried cannabis, and Zenabis Langley licensed annual cultivation capacity from 9,900 kg to 49,300 kg, an increase of approximately 400%;
• This amendment increases licensed operating space from the existing 99,000 square feet at Zenabis Langley to 200,300 square feet; and
• Zenabis has reached substantial completion on Zenabis Langley Part 2B (14,800 kg of annual cultivation capacity) and intends to submit a license amendment for this phase before the end of 2019.

“We are extremely pleased to receive this license amendment for Zenabis Langley,” said Kevin Coft, Chief Executive Officer of Zenabis. “Year to date we have increased our licensed annual cultivation capacity by more than 1,500%, from approximately 6,000 kg in January 2019 to 96,400 kg today. With our first harvest complete at Zenabis Langley, we are excited to have more space licensed at this facility that can be utilized to cultivate additional high-quality cannabis for our customers.”

SOURCE Zenabis Global Inc.