MYM receives permit approval to begin construction on Laval project
VANCOUVER – The City of Laval has approved the building permits to begin construction on the MYM Nutraceuticals Inc. project.
Phase One of the construction began earlier this summer with site preparation and the installation of security cameras and other non-structural items, but MYM was awaiting the granting of building permits to complete the majority of the build-out. The City of Laval has now issued those permits and MYM can complete Phase One. Together with Health Canada’s recent change in regulations that increased the authorized capacity of the facility’s vault by three times, the facility will be capable of producing 1000 kilograms of medical cannabis annually.
The estimated date of completion for Phase One construction is the fourth quarter of this year. MYM has engaged ICORE Construction, one of Québec’s most reputable contractors, to oversee and execute the project. “With the approved permits, architectural drawings and security plans already in place, MYM expects to complete Phase One very quickly,” said Rob Gietl, CEO of MYM. “We are also building within our existing warehouse, which accelerates our construction timeline by approximately 90 days.”
Phase Two of the Laval project will consist of building an additional 16,000 square foot facility capable of producing 1800 kg of medical cannabis annually. Phase Two application permits will be ready for submission within 60 days, with an estimated construction completion date of the third quarter of 2018.