H2 BioPharma
H2 Biopharma Inc. (“H2”). H2 is a late stage ACMPR applicant based in Lachute, Quebec.
H2 is currently completing a state-of-the-art, purpose-built 48,000 square foot cannabis production facility, less than an hour from Montreal (the “Lachute Facility”), and near the Pierre-Elliott Trudeau International Airport. Upon completion, which is anticipated before the end of 2017, the Lachute Facility is projected to produce approximately 4,500 kilograms of high-quality cannabis per annum. The facility is located on 46 acres (19 hectares) of land (the “Property”), which H2 has the right to acquire for $136,000. The Property has access to ample low-cost power, water and infrastructure to support a very significant capacity expansion – up to or beyond the scale of the Company’s 800,000 square foot Aurora Sky facility, currently under construction at Edmonton International Airport.
