SOURCE: MedAgri Marihuana Labs Inc.

MedAgri Marihuana Labs Inc.

March 13, 2014 09:00 ET

MedAgri Marihuana Labs Files Application With Health Canada for Production License

Company Secures 20 Acre Agricultural Property in British Columbia to Build Facility

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 13, 2014) - MedAgri Marihuana Labs Inc., a private company based in British Columbia, recently applied to Health Canada for a license to produce medicinal cannabis under Health Canada's new Marihuana for Medical Purposes Regulations (MMPR). As of April 1st, Licensed Producers will be authorized to possess, sell, provide, ship, deliver, transport, destroy, produce, export and/or import marijuana for medical purposes.

MedAgri has secured a 20 acre property in Maple Ridge, British Columbia to build its facility.

"On approval from Health Canada, we will begin phase one of construction of our 150,000 sq. ft. facility," said Brian Harris, CEO. "We anticipate that we are going to be one of the largest cannabis growers in Canada and look forward to setting a gold standard in quality and service."

According to Health Canada, the new regulations aim to treat dried marijuana in the same manner as medicine by creating conditions for a new, commercial industry that is responsible for cannabis production and distribution. The regulations will provide access to quality-controlled marijuana, produced under secure and sanitary conditions, to those Canadians who need it for medical purposes. In addition, regulations will also provide more choices for marijuana strains. For more information on the MMPR go to: http://hc-sc.gc.ca/ahc-asc/media/nr-cp/_2013/2013-79bk-eng.php

About MedAgri

MedAgri Marihuana Labs Inc., is a Canadian company, based in British Columbia that will specialize in cultivating high-grade medical marijuana. Pending licensing approval from Health Canada, MedAgri is ready to harness an expert team of agricultural specialists and scientists to set a gold standard for growing, harvesting and delivering the purest and most reliably-potent cannabis. MedAgri is committed to sustainable agriculture, safe clinical practices, regulatory compliance and transparent communication with stakeholders. It is our goal to improve the quality of life for our customers by providing the best marijuana at the most reasonable prices.

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