Marijuana
He has a successful winery, and now Poplar Grove owner Tony Holler is betting he can have equal success with an Oliver-based ‘weedery’.
Holler has unveiled plans to build what would be among the largest Licensed Producers of legal cannabis in BC at the Senkulmen Business Park on the Osoyoos Indian Reserve.
The facility would consist of a 700,000 square foot greenhouse, purpose-built for cannabis production, and would produce roughly 125,000 kilograms of cannabis a year.
At $7.50 a gram the facility would be capable of generating close to $1 billion in revenue annually. However, the company would be competing for market share with 86 already licensed producers across Canada.
Holler, a medical doctor by trade, founded Sunniva Inc. in 2014. In addition to the Sunniva greenhouse in Osoyoos, the company is also building a similar facility in California.
Holler says the lease agreement is being finalized with the Okanagan Indian Band, and the application is in the final stage under Health Canada’s Access to Cannabis for Medical Purposes Regulations.
The company is hoping to begin construction this year and begin operations in 2019, employing approximately 200 people.