50,000 sq ft purpose-built greenhouse dedicated to the growth, cultivation, and production of recreational cannabis

Coming 2018

FIFTY FIRST PARALLEL is an Alberta-based pre-production applicant to become a licensed producer of cannabis, focused on the recreational market and led by a team of professionals with strong start-up and operational experience.
OUR OBJECTIVES ARE CLEAR: To build a commercial production facility with capacity to produce a high quality product at the lowest possible production costs

Facility Location

FIFTY FIRST’S cultivation facility will be located in the Sherring Business and Industrial Park in Lethbridge, Alberta, which is approximately 220 km SE of Calgary, Alberta. FIFTY FIRST has secured 5 acres of land that will accommodate its initial two phases of development. An additional 5 acres of adjacent, open land can be secured and will accommodate the company’s Phase 3 expansion. The land has complete utility access, limited overburden and is zoned for heavy industrial use. FIFTY FIRST continues to receive strong support from local city council and other stakeholders and Lethbridge has an abundant pool of skilled labour.

FACILITY HIGHLIGHTS

FIFTY FIRST intends to construct 180,000 square feet of purpose-built greenhouse cultivation facilities over three staged expansions and is expected to allow the company to produce up to 12,600 kg of cannabis annually. FIFTY FIRST’s sales application was submitted to Health Canada during the fourth quarter of 2016. Construction of the Phase 1 facility is planned for the fall of 2017. Phase 1 will consist of a 50,000 square foot greenhouse complex and 25,000 square foot custom built and proprietary production and office facility. Phase 1 is expected to have a production capacity of 3,500 kg per year.

Facility

Overview

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Phase 1 - 50,000 sq ft Greenhouse Complex

FIFTY FIRST’s initial phase of development will consist of a 50,000 square foot greenhouse complex and 25,000 square foot custom built, proprietary production and office facility built on the company’s initial 5 acres of land. 12 growing rooms (approximately 4,200 square feet per room) are expected to produce up to 3,500 kg per year of cannabis. Each growing room will have fully internalized HVAC control, be temperature controlled using mechanical heating and cooling systems, and outfitted with CO2, humidity and climate control. The overall facility will be built based on level 9 security specifications and contain a 1,000 square foot vault allowing for 15,000 kg of storage.

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Phase 2 - 30,000 sq ft Greenhouse Addition

FIFTY FIRST’s second phase of development will consist of a 30,000 square foot greenhouse complex expansion. Seven additional growing rooms will be built adjacent to Phase 1 and are expected to add an additional 2,100 kg per year of production capacity. Upon completion of Phase 2, FIFTY FIRST will have a total of 80,000 square feet of greenhouse cultivation facilities (19 growing rooms) and is expected to have the ability to produce up to 5,600 kg per year of cannabis.

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Phase 3 - 100,000 sq ft Greenhouse Expansion

FIFTY FIRST plans to secure 5 acres of adjacent, open land and build a 100,000 square foot greenhouse expansion in Phase 3. 12 additional growing rooms are expected to add an additional 7,000 kg per year of production capacity. Upon completion of Phase 3, FIFTY FIRST will have a total of 180,000 square feet of greenhouse cultivation facilities (43 growing rooms) and is expected to have the ability to produce up to 12,600 kg per year of cannabis.

Why Lethbridge

Along with strong support from the local city council, FIFTY FIRST believes Lethbridge provides strategic benefits when it comes to growing cannabis.

Top 3 Sunniest City in Canada
Moderate Climate
Affordable & Supportive Business Environment
Local Support & Attractive Workforce

Why Greenhouse

Cannabis grown in a greenhouse is the only way to ensure the production of large, high-quality yields cost effectively.

Greenhouses inherently provide a hybrid of indoor and outdoor cultivation benefits utilizing the best of both worlds under one production system.

Lighting Control
Weather & Climate Control
Energy Conservation & Lower Opex

Market

Canada

  • Feb 2016

    Justice Phelan rules entire MMPR invalid in Allard et Al. v. Canada giving the federal government 6 months to enact a new or parallel medical cannabis regime

  • Aug 2016

    Health Canada announces amendments to the MMPR regime following Allard decision on ‘fair access’, ACMPR is enacted

  • Nov 2016

    Task Force on cannabis concludes consultations and submits report

  • Spring 2017

    Liberals to introduce legislation to regulate recreational access and sale of cannabis

  • H1 2018

    Legislation of a recreational cannabis market expected to come into force

Legalization of recreational cannabis is an increasingly likely outcome in Canada. The lack of Alberta-based cultivators means there will not be enough supply to meet demand post-legalization.

Alberta

2018 Alberta Market Estimates

0 K
Number of cannabis users (~8% of pop.)
0. 0
Grams per day per user
0 K
Kilograms per year consumed
6%
51st 18E market share in AB

2020 Alberta Market Estimates

0 K
Number of cannabis users (~10% of pop.)
0. 0
Grams per day per user
0 K
Kilograms per year consumed
3%
51st 20E market share in AB

as an alberta based cultivator, FIFTY FIRST will have immediate access to an underserved and quickly growing market

Team

Management Team

Our executive team is made up of a team of professionals with extensive capital markets, M&A, regulatory and legal expertise.  Members of our team have raised in excess of $6 billion dollars of capital, have led 75 advisory mandates.  Our sole focus to create a best-in-class cannabis company that builds significant shareholder equity for our investors.

Advisory Board

Our board of directors have created, operated and successfully sold private and public companies.  Their individual and collective skill sets have been selected to properly help guide the growth and success of our company.

News

Learn More

For more information about FIFTY FIRST PARALLEL,click the link below to find our corporate presentation.

 CORPORATE PRESENTATION BEING HOSTED BY:

Home (one page)

The Latest

For the latest news about FIFTY FIRST PARALLEL, click the link below to find our recent news postings.

Careers

Career Opportunities

We’re always looking for great people to join our team!

No Current Availabilities

Stay in touch for upcoming job postings.

Contact

Get in touch

Head Office

Northland Place
3rd Floor, 407 – 3rd Street SW
Calgary, AB, Canada T2P 4Z2

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Reach out using the contact form provided.

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