Matica Completes Site Visit and LOI for Second Marijuana Facility


September 4, 2014 Facebook Twitter LinkedIn Google+ Press Releases



Matica

Matica Enterprises Inc. (CSE:GRF) (FRANKFURT:39N) announces the successful completion of its site visit and inspection of West Coast Medical Marijuana Group’s (“WCMMJ“) growing facility in Langley B.C. This is Matica’s second medical marijuana growing related Letter Of Intent “LOI” establishing a joint venture on WCMMJ’s advanced growing operations. Matica and WCMMJ intend to submit an application to become a licensed producer under the new Marijuana for Medical Purposes Regulations (“MMPR“) shortly.

The WCMMJ growing facility is located in Langley, BC with approximately 12,500 square feet of growing space, currently operating 310 lights with room for expansion. The operation sits on over 10 acres of land in a rural jurisdiction making it ideal for future expansion and upgrades in accordance with MMPR license requirements. WCMMJ has been growing medical marijuana with high CBD levels since 2010, producing a quality product suitable for a wide variety of applications ranging from smokable to edible marijuana as well as cannabinoid research and development.

Matica has now established two separate LOIs with two advanced medical marijuana growing facilities in BC and Ontario with WCMMJ and ChroniCare respectively, as well as establishing an exclusive sales agreement for GlobalEx’s Chlorine Dioxide tablets for use in marijuana growing as a natural pesticide alternative. Both ChroniCare and WCMMJ have been and are currently producing medical marijuana under Marijuana Medical Access Regulations (“MMAR“) licenses and both operations will be applying for the new MMPR license that would allow Matica to become a licensed producer in two provinces across Canada, reaching a nation-wide customer base.

Read more on MarketWired (press release)
Photo Credit Matica Enterprises

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