Largest Cannabis Gummy Factory in Canada to Open
Dynaleo in Edmonton Aims to Fill the Gap in Edibles Demand – LPC
Dynaleo, an edible producer in Edmonton, is set to open Canada’s largest cannabis gummy factory. It received its Health Canada processing licence on June 19. Dynaleo’s executive chairman Michael Krestell said the company is doing its last preparations before starting production.
“We’ve been very active in the facility commissioning our equipment and so we are just in the final stages of training on that equipment,” Krestell said. “Then it’s all up and running.”
There are currently 30 people working in the facility as the company prepares the building and starts processing. Krestell said he expects a total of 75 jobs will be created during peak production. The cannabis gummy factory itself is a 26,000-square-foot manufacturing plant near the Edmonton International Airport.
“We are solely focused on edibles and we’re doing edibles on an industrial scale, which is something that everybody else in cannabis, or specifically in gummy production in Canada, is unable to do now,” Krestell said. “Some market estimates are pointing to a gap between industrial supply and consumer demand of approximately 80 million packaged units a year.”
Gummies and other edibles became legal in Canada on October 17, 2019, along with vapes, beverages, and topicals. However, the 60-day review process meant that edibles didn’t hit the market until late December. Cannabis 2.0 products were flying off the shelves when they finally did hit the market. Selection and quantities were limited, hindering sales.
Dynaleo could change that. If Krestell’s projections are correct at 80 million packages per year, its cannabis gummy factory will do very well for itself.
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