Captiva Verde Land Corp. Announces Solargram Farms' Completion Of Successful New Brunswick Outdoor Cannabis HarvestPosted by On

Captiva Verde Land Corp. Announces Solargram Farms’
Completion Of Successful New Brunswick Outdoor Cannabis
Harvest With One Of The Highest Reported THC And Terpene
Values In Canada

Captiva Verde Land Corp. (CSE: PWR)
(the “Company”), is extremely pleased to announce that
Solargram Farms Corporation (“Solargram”), a holder of a
Federal Health Canada License to cultivate, test, harvest
and sell cannabis, has successfully completed its first
large scale cannabis outdoor farm harvest with record THC
and terpene results.

First Year Harvest

The Solargram cannabis harvest began on
September 17th and was completed on October 30th with final
processing completed on November 27, 2020. The Solargram
team is credited with a final harvest of approximately
13,000 plants over 350,000 square feet of outdoor farm grown
canopy resulting in 15,000 kg of wet cannabis. This harvest
is ranked as one of Canada’s top single largest, and lowest
cost outdoor legal cannabis crop in Canadian history and is
also the largest outdoor cannabis crop ever grown and
harvested in New Brunswick.

Very Low Cost of
Production Results

Exceeding expectations, the year
one total grow cost of production, including direct labor
and direct materials, were CDN $0.05/gram wet; $0.22/gram
dry which ranks as…

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