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B.C. pot company eyes Lumby acreage

True Leaf Medicine may purchase 40 acres of Lumby land for marijuana production
Marijuana grow-op room
 
Vernon-based True Leaf Medicine has acquired an option to buy 40 acres of land in Lumby for marijuana production.

The company paid $100,000 to acquire the option, which is exercisable until the end of the year for a total cost of $3.3 million.

CEO Darcy Bomford called the agreement a milestone for the company.

“This property gives us the capacity to expand to meet the increased demand that is widely expected,” Bomford said.

“With government approvals, the size of this site could allow us to build a one-million-square-foot facility and produce more than 125,000 kilograms of cannabis.”