Marijuana facility that could produce 100M grams a year opens in Olds

Olds, Alta., is now home to a cannabis growing facility that its owners hope will eventually produce100 million grams per year.

"We are thrilled to officially open the doors at our flagship facility in Olds, Alberta, and we thank everyone who made the time to celebrate the occasion with us," said Sundial Growers CEO Torsten Kuenzlen in a news release.

• Olds gearing up for jobs influx as 3rd marijuana company sets sights on town

"Sundial has proudly established its roots inAlbertaand we look forward to making a significant economic contribution inOlds."

The facility is designed to allowfor rapid expansion, according to the release, thanks to a modular construction method. The company hopes to eventually build it out to500,000 square feet with 140 individually controlled cultivation rooms.

"Sundial is expecting to employ 500 people inOldsonce their facility is completed, making them the largest employer in town," saidOldsMayorMichael Muzychkain the news release.

• Olds College sparks up pot production course

"TheTown of Oldsopened its doors to the cannabis industry and we are pleased that Sundial has chosen to make such a large investment in our community."

Olds is quickly becoming a sort of marijuana hub, with multiple companies either established or eyeing a venture in the town and Olds College providing a course in marijuana cultivation.

Sundial is a privately-owned company that also operates a facility in Rocky View County near Calgary and plans for a third facility in British Columbia.

Olds is about 90 kilometres north of Calgary.

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