Atlas is based in Edmonton, Alberta, Canada and its? wholly owned subsidiary, Atlas Growers Ltd., is federally licensed for Cultivation and Production of medical cannabis products. Atlas currently has a purpose-built, 38,000 square foot laboratory where it can produce over 5,000 kg of dried cannabis annually as well as refine cannabis into isolated concentrates in mass capacity. Further, Atlas Growers? owns a 160-acre site that could allow for significant future expansion of cultivation capacity in Alberta, with a development permit in place for up to 1,000,000 square feet of additional construction. Atlas also owns 50% of Coastline Canada Inc., a late stage applicant with Health Canada that is anticipated to be licensed for cultivation on Vancouver Island in late 2019.
Atlas is well financed, raising over $25.6 million in equity to date, including $7.6 million related to acquisition of land and strategic investments, and also has available for future use a largely unutilized $6.25 million bank term loan facility.
Atlas Biotechnologies Inc. is currently privately held, and is conducting an additional private placement of common shares. To inquire on how to invest please visit the following link. https://atlasgrowers.com/pages/investors