Westleaf announces receipt of Health Canada standarad processing license
Westleaf announced its large scale cannabis extraction, processing and product formulation facility, The Plant by Westleaf Labs, received a standard processing license from Health Canada and is ready to start operations immediately. The Standard Processing License will allow Westleaf to process bulk cannabis to create and sell derivative products through a variety of commercial arrangements, the company said in a statement. "This is a major catalyst for Westleaf to generate material revenue through the sale of derivative cannabis products and by offering contract manufacturing services," said Scott Hurd, President and CEO of Westleaf. "The issuance of the Standard Processing License is timely as Westleaf prepares to launch its cannabis 2.0 products upon legalization which is expected on October 17, 2019".