DOJA Cannabis Company (CSE: DOJA) this morning said the courts have approved its offer to acquire a 22,580 sq.ft. building in Kelowna, British Columbia, out of bankruptcy protection. The closing of the acquisition is anticipated to take place on October 27. The company is also building a new facility which, upon completion, will raise DOJA’s corporate cannabis production capacity to more than 5,000 kg per year. “The acquisition is a game changer for DOJA, it allows us to expand our production capacity by almost 8 times, diversify our strain production, integrate a world class extraction lab and leverage the economies of scale that come from a larger growing-space. Our strategy has always been to reach 5,000 kg of cannabis production per year by the end of 2018,” DOJA founder and CEO Trent Kitsch stated in the news release.
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About DOJA Cannabis Company
DOJA™ Cannabis Company is a licensed producer under the ACMPR based in British Columbia’s picturesque Okanagan Valley. DOJA is building a fast growing, lifestyle brand offering high quality handcrafted Cannabis strains in Canada. For more information, visit www.doja.life
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