The reason is pretty clear in the announcement. Retrofitting an existing structure to grow indoors rather than build to grow in a greenhouse for the same price. Indoor grow yeilds superior product.
"due to its industrial power supply and existing useable building envelopes, is extremely well suited for a retrofit into a cannabis indoor cultivation facility"
"is fully funded with the Company’s current cash balance"
""the same estimated production capacity of high quality indoor cannabis instead of extraction grade greenhouse cannabis will be achieved for approximately the same capital outlay"
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5Q+/zhSZrfpzke92GA==
Am I the only one who reads these things?
The reason is pretty clear in the announcement. Retrofitting an...
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