Australia – Vic: State Govt Hands Over $AUS700K To Cannatrek To Help Build Facility

More state -sponsored capitalism for free market acolytes

Cannabiz reports..

Construction of Cannatrek’s long-awaited facility at Shepparton in rural Victoria is to begin imminently after the company received a A$700,000 grant from the state government.

The first phase will see the construction of a 1.5-hectare glasshouse and indoor grow area, together with outdoor parts of the facility, with capacity to produce between five and 10 tonnes of dried flower annually. More than 70 local jobs will be created, Cannatrek said.

The multi-million dollar project has the potential to expand to a 16-hectare glasshouse that includes an indoor grow and post-harvest facility.

The company first unveiled its plan to develop a 16-hectare plant in August 2019.

Minister for regional development Mary-Anne Thomas said today that Cannatrek will receive a grant of $700,000 over the next three years under the Regional Jobs Fund.

Up to 400 jobs will be created when the facility is fully operational.


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