Canadian CANNAINVESTOR Magazine July / August 2018 | Page 190

Clarington:

A Centre of Excellence in

the Cannabis Industry

With a population fast approaching 100,000 and a growing community of over 5,000 businesses, Clarington offers what investors and companies desire: affordable serviced land, proximity to market and amenities, business support and a progressive, engaged community.

Eyes are on Clarington as the place to grow through new business, local expansion or redevelopment investments. Clarington is home to four of the top 100 largest infrastructure projects in Canada totalling over $14 Billion in investment and creating thousands of jobs. Projects underway are: Ontario Power Generation’s Darlington Nuclear refurbishment, Port Granby remediation project, Highway 407 east extension and GO Train extension to Clarington, creating two new stations.

2017 and 2018 has seen a steady increase of activity and interest from the cannabis industry. Clarington is currently home to three licenced producers (LP) employing over 150 people. Canopy Growth Corporation was the first LP, establishing themselves in the community five years ago. Looking to expand in the future, they will create a minimum of 30 more jobs in addition to their nearly 60 employees. Starseed Medicinal and MediWanna also call Clarington home. Four more companies including 3D Cana (facility currently under construction) and MedGreen Biologicals, plan to establish operations in Clarington within the next few years. It is anticipated this industry will represent over 800+ skilled jobs including those involved in research & development efforts and many more with the emergence into additional markets such as edibles.

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