Saturday, September 13, 2025

Ayurcann Holdings Finishes Phase 2 Buildout Of Pickering Facility

Ayurcann Holdings (CSE: AYUR) this morning hit an operational milestone, with the firm announcing the completion of its phase two expansion of its Pickering, Ontario facility. The expansion is said to bring enhanced production and manufacturing capabilities.

The buildout reportedly was completed both on time and on budget, with the expansion allowing for “immediate commencement of additional production capacity.”

In terms of size, the buildout now expands the firms processing capacity to 300,000 kilograms of biomass per year, while manufacturing capacity has been increased to 3.0 million product fills. The expansion was heavily focused on providing additional flexibility for the firms manufacturing focus, with the addition now making the company one of the largest processors and co-manufacturers in Canada.

“We are thrilled to announce our increased capacity to service the growing needs in the market and we are optimistic about our market penetration and potential for growth,” said Igal Sudman, CEO on the announcement.

Following the build-out being completed, the final earn-out to original Ayurcann shareholders has been hit. As a result, 5.2 million shares of the company were issued at a price of $0.1938 per share.

Ayurcann Holdings last traded at $0.17 on the CSE.


FULL DISCLOSURE: Ayurcann Holdings is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Ayurcann Holdings on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Ayurcann Holdings Makes Public Market Debut On The Canadian Securities Exchange

Ayurcann Holdings (CSE: AYUR) is the latest cannabis firm to make its debut on the...

Thursday, April 8, 2021, 03:19:00 PM

Ayurcann Launches New Cannabis Marketplace For Medical Consumers

Ayurcann Holdings (CSE: AYUR) is looking to further support its medical division. The company this...

Thursday, August 5, 2021, 09:28:58 AM

Ayurcann Announces Manufacturing Arrangement With Joints Cannabis

Ayurcann Holdings (CSE: AYUR) this morning announced that it has entered into a new supply...

Thursday, May 27, 2021, 08:39:38 AM

Ayurcann Expands Into Adult Use Markets With Partnership

Ayurcann Holdings (CSE: AYUR) this morning announced its entrance to the adult use market within...

Wednesday, May 12, 2021, 08:20:56 AM

Ayurcann Enters Into Joint Venture With Israeli Medical Cannabis Processor

Ayurcann Holdings (CSE: AYUR) this morning announced that it has entered into a joint venture...

Tuesday, June 8, 2021, 11:02:00 AM