Currently cosmetic plants , peak and herbs are being grown in the three growing facilities of UK - based Bridge Farm Group . now , the chemical group is 1.5 million straight foot in size and plan to expand to 3.5 million straight substructure by the end of 2021 . By then raw crops will be turn in the farm as well . In response to the growing global demand for wellness and wellness products , Canadian MMJ agriculturist Sundial Growers Inc. has acquired Bridge Farm Group with plans to produce and sell high - quality CBD product globally .
Using a phase approach , and subject to necessary regulatory approvals , Sundial intends to use parts of these facility to cultivate hemp and cannabis . The Bridge Farm acquisition will establish Sundial ’s mien in Europe and lay out an important milepost for its international enlargement .
Bridge Farm GroupBridge Farm Groupconsists of three adroitness ; Bridge Farm , Zyon , and Neame Lea . Together , they sell more than 80 million units per year to retailers and consumer across the Earth ; it is known and highly consider as a grower , bagger and supplier of plants , flush and produce . Over the years , they have scoop out several laurels and last week , they could add some more to their collection;FPC Supermarket Floral and Plant Supplier of the Year 2019 accoladeand theProtected Ornamentals Grower of the Year , along with gamy - Growth Business of the Yearat the Horticulture Week Business Awards eve .
EU expansion"This is a significant skill for Sundial , take us one step closer to our finish of being one of the direct cannabis company in the world , " state Torsten Kuenzlen , Chief Executive Officer of Sundial . " We recognise that expedient global expanding upon take a compounding of organic growth and strategic acquisitions . Bridge Farm ’s experient direction team , strong market position and operational excellence made it an ideal acquisition . "
Sundial will now have two functional geographic regions : a business organization focused on premium inhalable products in Canada and a low-toned - cost manufacturer - at - scale in the United Kingdom . This post Sundial more holistically as a company that proudly craft pioneering cannabis mark to Heal Help and PlayTM .
" I am worked up and confident that Sundial will stay to improve the operational excellence and the caliber of the products grown in the Bridge Farm facilities , " said David Ball , Sundial ’s President , Europe . " There is a local , European and spheric demand for CBD and other hemp product , which we are well positioned to provision . Sundial is poised to become a leader in the assistant sphere . "
In coincidence with the Bridge Farm acquisition and evolved corporate structure with two geographic regions , Sundial is promoting Andrew Stordeur to President of its Canadian operations . Andrew joined Sundial in 2018 as Chief Commercial Officer , after antecedently shape for Molson Coors as Chief Commercial Officer for Canada .
For more information : www.sundialcannabis.com
