Geyser Brands Inc. (TSX.V: GYSR) Expands Production Facility, Hopes to Capitalize on CBD Wellness Markets

May 30, 2019 10:07:47
  • Geyser Brands recently commenced upgrades; it anticipates R&D and processing amendments
  • The facility expansion is expected to improve the company’s focus on processing quality and consumer satisfaction
  • Solace Management Group recently increased its production capacity and invested in new equipment for consumer health care and pet wellness production

Geyser Brands Inc. (TSX.V: GYSR) is a leading Vancouver-based consumer health care company producing some of the world’s most popular cannabis brands and products. The company’s licensed producer (LP), Apothecary Botanicals, has received Health Canada license amendment approval to update its 7,000-square-foot facility located in Port Coquitlam, British Columbia.

This expansion, anticipated to be complete by the end of June 2019, would allow for research and development (R&D) and processing capabilities in anticipation of receiving its licensed amendments. GYSR’s R&D license is pending…

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