The first half of 2020 is over and companies are working tirelessly so as to make up for lost time on account of the COVID-19 outbreak.
One of the ways that companies are able to significantly increase production capacity for a minimal increase in costs is through outdoor cultivation. By growing cannabis outdoors, companies are able to significantly lower the cost per gram of cannabis, according to them.
Notwithstanding the cost benefits associated with cultivating cannabis outdoors, it is a challenging undertaking, and many leading Canadian cannabis producers were not able to succeed with it in 2019. Going forward, we expect to see an increase in the amount of cannabis that is being cultivated outdoors in Canada and are favorable on the companies that have a proven track record in this sector.
When it comes to the outdoor cannabis cultivation opportunity, Aleafia Health is a proven success story and is an operator. During the last year, the company has executed a series of high-impact growth initiatives and they expect the business will record incremental growth on a going forward basis.
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