Le Lézard
Classified in: Health, Business
Subjects: LIC, CXP, MAT

Sundial Officially Opens Its Flagship Facility In Olds, Alberta

CALGARY, Oct. 11, 2018 /CNW/ - Sundial Growers Inc. ("Sundial") held an official ribbon cutting ceremony yesterday to celebrate the opening of the company's state-of-the-art flagship facility in Olds, Alberta. The event was held at the facility and included members of Sundial's Board of Directors, company executives and staff, as well as elected officials from the Alberta Legislature, the Town of Olds and Rocky View County.

Sundial CEO, Torsten Kuenzlen surrounded by his board, executives and elected officials cutting the ribbon to mark the opening of the company's flagship facility in Olds, Alberta. (CNW Group/Sundial Growers)

"We are thrilled to officially open the doors at our flagship facility in Olds, Alberta and we thank everyone who made the time to celebrate the occasion with us," said Sundial CEO Torsten Kuenzlen. "Sundial has proudly established its roots in Alberta and we look forward to making a significant economic contribution in Olds."   

Sundial received a cultivation license from Health Canada on September 14th, 2018 for the first phase of the 500,000 square foot facility and the company's purpose-built modular construction method allows for very rapid expansion. Additional cultivation capacity will be added as quickly as Health Canada can grant the required licenses. The facility will be fully built in 2019 and will consist of 140 state-of-the-art, individually controlled cultivation rooms capable of producing over 100 million grams of cannabis annually.

"Sundial is expecting to employ 500 people in Olds once their facility is competed, making them the largest employer in town," said Olds Mayor, Michael Muzychka. "The Town of Olds opened its doors to the cannabis industry and we are pleased that Sundial has chosen to make such a large investment in our community."

Olds-Didsbury-Three Hills MLA, Nathan Cooper added, "Sundial has already provided significant investment into our community and the economic growth of the region. Sundial's plan to employ over 500 people here in Olds will do so much to support local families."

About Sundial Growers Inc.
Sundial Growers Inc. ("Sundial") is a privately held, Alberta-based licensed cannabis producer. We believe in health, happiness and personal well-being, cultivating cannabis for modern consumers ? people who want a natural alternative that fits seamlessly into today's active, healthy lifestyles. Our focus is on producing consistent, quality cannabis that our customers can trust.

Sundial operates two facilities in Alberta, including our flagship, purpose-built modular cannabis production facility in Olds and a second production facility in Rocky View, with plans to build a third facility in British Columbia. By 2019, Sundial expects to be one of the leading cannabis companies in Canada with projected production of over 120 million grams of dry cannabis and the ability to process over 30 million grams of cannabis extracts.

For more information about Sundial Growers Inc., visit www.sundialgrowers.com.

Sundial Growers (CNW Group/Sundial Growers)

SOURCE Sundial Growers

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