DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) is a premium cannabis lifestyle brand featuring the highest quality handcrafted strains in Canada. DOJA’s wholly owned subsidiary, Northern Lights Marijuana Company, is a Health Canada licensed cannabis producer located in Kelowna within the heart of British Columbia’s picturesque Okanagan Valley.
Famous as the “Napa of the North,” Kelowna and its rapidly growing tourism industry accounted for 1.9 million visitors in 2106. DOJA co-founder and CEO Trent Kitsch said the company’s phase 1 facility – a 7,100 square foot building in West Kelowna – houses three grow rooms, each capable of producing 660 kilograms of marijuana per year. The grow rooms are outfitted with state-of-the-art equipment engineered specifically for indoor cannabis cultivation.
DOJA’s initial cannabis harvest, produced under the Access to Cannabis for Medical Purposes Regulations (ACMPR) license held by its subsidiary, Northern Lights Marijuana Company, will be inspected by Health Canada regulators as the last step before a Sales License can be awarded. Once DOJA passes this major milestone and receives its Sales License, the company can begin selling cannabis and position itself as a premium handcrafted producer in advance of the impending recreational market.
“I’m extremely proud of our cultivation team, they have delivered on all levels, the quality of our flower is impressive, and the yields exceeded our expectations. Our growers focus on bringing out the fullest expression of the plant’s genetic potential and the love and hard work they have put into their craft really shows in our first four strains,” Kitsch said. “Post-harvest, our flowers were expertly hand-trimmed, hang-dried and artisanally cured. Our handcrafted approach is aimed at producing the finest cannabis with exceptional aroma, flavor and effects.”
Each grow room is established with Surna’s equipment, providing ductless air handlers, commercial-grade dehumidifiers, and biosecurity products using photocatalytic reaction to sanitize the air and minimize breakouts of pests, pathogens and mold. DOJA’s expansion plans include the ability to add over 40,000 square feet, which would increase the company’s overall production capacity to more than 5,000 kilograms per year. Once completed and producing, the company’s potential revenue, excluding cannabis oil products, is estimated at $60 million.
According to a recent report, DOJA is well capitalized with approximately $4.5 million cash with management holding 33 percent of the shares outstanding. DOJA was founded by the proven entrepreneurial team that started the industry disruptive men’s SAXX Underwear® brand. Kitsch is joined by Ria Kitsch as vice-president and co-founder; Ryan Foreman, president and co-founder; and Jeff Barber, CFO, as DOJA’s “cannabis futurists.”
- Premium cannabis lifestyle brand founded by team that started SAXX Underwear®
- One of only 26 Health Canada licensed cannabis production facilities
- Canada’s recreational marijuana market estimated at up to $8.7 billion
- Initial cannabis harvests are complete; awaiting Health Canada pre-sales inspection