Province supports new jobs at cannabis processing facility
The provincial government will support 32 new jobs at Dosecann, a cannabis oil extraction company in the Biocommons Industrial Park in Charlottetown.
“Dosecann is on the leading edge of cannabis oil extraction and product manufacturing and is primed to enter the marketplace when Health Canada permits the sale of derivative cannabis products to the market this October,” Premier Wade MacLauchlan said.
“Dosecann is adding jobs on Prince Edward Island, and we are providing appropriate support to assist the company as it scales up to meet expected demand.”
Dosecann is a Health Canada approved and licensed cannabis processor. Its 42,000 square foot, purpose-built analytical testing facility in Charlottetown serves as the hub for Dosecann’s cannabis extraction, product innovation and formulation, research and development, quality testing and manufacturing.
To assist the company and support 32 new jobs, the provincial government is providing labour rebates worth a maximum of $716,000 over two years. The province is also providing $60,000 to assist the company with rental costs.
“We are proud of the world class team that we have assembled at Dosecann and look forward to the next phase of our growth. Our team is very excited to welcome our Premier, the Honourable Wade MacLauchlan, and have him tour our facility,” Greg Boone, Chief Executive Officer of Dosecann said.
“It is with great pride that Dosecann calls Charlottetown, PEI home and the support that we have received from the Province has been instrumental to our success to date. We would like to sincerely thank the Province, Innovation PEI and Skills PEI who have supported our dream of building a world class cannabis company and, on a personal note, for making me feel like an ‘honorary Islander’.”
Across Canada companies are preparing to meet current and future demand for cannabis products. With additional products scheduled to enter the medical and recreational markets later this year, many companies will soon be executing their plans.
Dosecann - a subsidiary of vertically integrated cannabis company Auxly Cannabis Group Inc. - is developing consumer centric products by undertaking supercritical CO2 extraction to separate cannabis oil for medical and recreational consumer products. Dosecann products will span all three broad classes of products, including edible cannabis, cannabis extracts and topical products. The company’s products will be sold to provincial purchasers for distribution through provincial retail channels for adult recreational use and directly to patients for medical use.
Department of Economic Development and Tourism