True Leaf Brands (the "Vendor") in consultation with its Proposal Trustee, FTI Consulting, has retained Colliers International as its exclusive agent for the sale of their federally licensed cannabis facility located in Lumby, BC.
True Leaf filed a Notice of Intention to Make a Proposal ("NOI"), pursuant to the Bankruptcy and Insolvency Act, in April 2020
Situated in Lumby BC, this 40 acre property was acquired by True Leaf to develop a comprehensive cannabis production facility in a campus style environment.
Developed with an 18,000 square foot building, TL Cannabis received its cannabis cultivation license late 2019. The existing building provides limited cultivation area, processing, packaging and administration and is intended to serve as the hub for the balance of the site development. An additional 4 phases of 16,000 square feet each are planned.