Vertically integrated medicinal cannabis company Cannaponics is today commencing earthworks at its cultivation and manufacturing facility near Collie, Western Australia.
At the official sod-turning event, WA regional development minister Alannah MacTiernan said the state is well placed to compete in the burgeoning medicinal cannabis industry.
Cannaponics founder and managing director Rod Zakostelsky described the commencement of earthworks as a major milestone for the company and for job growth in the area.
He said: “We are honoured to be working closely with the WA government and the Collie Futures Industry Development Fund to deliver approximately 50 jobs during construction over the next nine months, plus a further 24 permanent jobs during stage one of the project.”
That phase will include the build of a 3,600sqm greenhouse along with a 2,000sqm EU GMP manufacturing facility on its 160-acre property in Collie. The company will produce dried cannabis flower to be further processed into Cannaponics medicinal products.
Earlier this year, the fund awarded Cannaponics with a A$2 million grant for its medicinal cannabis operation to create long-term local jobs in the industry.