|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0643 - 0.0794|
|52 Week Range||0.0400 - 0.2052|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The newly licensed "Phase 1A" area of the Stavely facility includes two dedicated flower rooms and all the necessary auxiliary rooms to support an estimated annual cultivation design capacity of approximately 3,300,000 – 3,890,000 grams per year at full scale production. SugarBud will immediately commence cultivation and expects to complete its initial two harvests in December 2019 , after which SugarBud intends to submit an application to Health Canada to amend the Licenses to permit cultivation in the remaining six flower rooms in Phase 1 of the facility. At full operational levels, with four layers of flowering canopy, the estimated total cultivation design capacity for Phase 1 is expected to be approximately 13,230,000 – 15,565,000 grams per year.
CALGARY , June 5, 2019 /CNW/ - SugarBud Craft Growers Corp. ("SugarBud" or the "Company") announces that its subsidiary, 1800905 Alberta Ltd., as borrower, has entered into a secured non-dilutive credit facility with Pillar Capital Corp. ("Pillar") for up to CDN $5,000,000 (the "Credit Facility"). The proceeds of the Credit Facility will be used by SugarBud to support working capital requirements and to continue to equip Phase 1 of its 29,800 square foot Stavely, Alberta indoor cannabis cultivation facility ("Phase 1 Stavely Facility"). The Phase 1 Stavely Facility is expected to be capable of approximately 13,926,000 to 16,384,000 grams of annual dried cannabis production per year once fully equipped and operational.
SugarBud Announces Filing of First Quarter 2019 Financial and Operating Results and Provides Date and Location of Its Annual and Special Meeting of Shareholders
SugarBud announces filing of financial and operating results for the year ended December 31, 2018
CALGARY , April 23, 2019 /CNW/ - SugarBud Craft Growers Corp. ("SugarBud" or the "Company") is pleased to announce that it has received a Confirmation of Readiness Letter ("COR Letter") from Health Canada in respect of its cannabis cultivation facility in Stavely, Alberta (the "Facility"). The COR Letter requests SugarBud's affirmative response that it has met Health Canada's license application requirements. On March 6, 2019 , SugarBud announced the submission of its Affirmation of Readiness and Video Evidence Package ("Evidence Package") to Health Canada.