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.
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.
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.
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.
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.
Along with strong support from the local city council, FIFTY FIRST believes Lethbridge provides strategic benefits when it comes to growing cannabis.
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.
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
Health Canada announces amendments to the MMPR regime following Allard decision on ‘fair access’, ACMPR is enacted
Task Force on cannabis concludes consultations and submits report
Liberals to introduce legislation to regulate recreational access and sale of cannabis
Legislation of a recreational cannabis market expected to come into force
Sonny is the co-founder of 51st and brings significant senior leadership and financial expertise to the 51st team. Sonny is currently the CEO & Managing Partner of Black Spruce Merchant Capital, a corporate finance advisory firm based in Calgary. Sonny founded Black Spruce in 2012 with the intention of delivering “big bank” quality deal execution while providing clients with unique transaction ideas and unbiased, conflict-free advice.
Sonny holds a MBA from the Columbia School of Business, as well as a Bachelor of Commerce from the University of Calgary.
Jason is the co-founder of 51st and is responsible for guiding it through the process of applying to Health Canada for a license to produce/distribute. Jason is also a member of the Alberta-based task force dedicated to providing stakeholder input to the provincial government on the legalization of cannabis. Jason is currently a tax lawyer with Dentons LLP.
Jason holds a B.Com from Athabasca University, Juris Doctor from the University of Windsor, LLM from Osgoode Hall Law School and an MBA from Cornell University’s Johnson School of Management
With over 10 years of investment banking experience, David brings a breadth of transaction experience and execution skills to the FIFTY FIRST team. David has held lead roles in executing over 100 investment banking assignments with an aggregate value in excess of $5 billion. David has worked closely with Sonny for 10+ years and joined Black Spruce as a Managing Partner in 2013.
David is a CFA charterholder and holds a B. Comm. (Honours) in Finance from the University of Manitoba.
Melissa brings over 10 years of quality assurance and HACCP experience to her role. Most recently, she was the HACCP coordinator and production supervisor with Maple Leaf Pork in Lethbridge, AB where she was responsible for redrafting their food safety program. She has experience in both the lab testing and food processing environments and brings an extensive background in quality assurance.
Melissa has a Bachelor of Science in Agricultural Biotechnology (B.Sc.(Agr.)) from the University of Lethbridge and has extensive training in HACCP procedural practices and protocols.
Randy spent a distinguished career with the Royal Canadian Mounted Police and retired in 2015 as an Assistant Commissioner. During his career he was responsible for both Federal and Provincial operational policing. Randy received the 2015 Leadership Award from the Association of Professional Executives of the Public Services of Canada and in 2014 he received the Governor General of Canada Order of Merit in Policing.
Randy is currently the President of 2 The Point Consulting Ltd.
Sonny is the co-founder of 51st and brings significant senior leadership and financial expertise to the 51st team. Sonny is currently the CEO & Managing Partner of Black Spruce Merchant Capital, a corporate finance advisory firm based in Calgary. Sonny founded Black Spruce in 2012 with the intention of delivering “big bank” quality deal execution while providing clients with unique transaction ideas and unbiased, conflict-free advice.
Sonny holds a MBA from the Columbia School of Business, as well as a Bachelor of Commerce from the University of Calgary.
Jason is the co-founder of 51st and is responsible for guiding it through the process of applying to Health Canada for a license to produce/distribute. Jason is also a member of the Alberta-based task force dedicated to providing stakeholder input to the provincial government on the legalization of cannabis. Jason is currently a tax lawyer with Dentons LLP.
Jason holds a B.Com from Athabasca University, Juris Doctor from the University of Windsor, LLM from Osgoode Hall Law School and an MBA from Cornell University’s Johnson School of Management
With over 10 years of investment banking experience, David brings a breadth of transaction experience and execution skills to the FIFTY FIRST team. David has held lead roles in executing over 100 investment banking assignments with an aggregate value in excess of $5 billion. David has worked closely with Sonny for 10+ years and joined Black Spruce as a Managing Partner in 2013.
David is a CFA charterholder and holds a B. Comm. (Honours) in Finance from the University of Manitoba.
Melissa brings over 10 years of quality assurance and HACCP experience to her role. Most recently, she was the HACCP coordinator and production supervisor with Maple Leaf Pork in Lethbridge, AB where she was responsible for redrafting their food safety program. She has experience in both the lab testing and food processing environments and brings an extensive background in quality assurance.
Melissa has a Bachelor of Science in Agricultural Biotechnology (B.Sc.(Agr.)) from the University of Lethbridge and has extensive training in HACCP procedural practices and protocols.
Randy spent a distinguished career with the Royal Canadian Mounted Police and retired in 2015 as an Assistant Commissioner. During his career he was responsible for both Federal and Provincial operational policing. Randy received the 2015 Leadership Award from the Association of Professional Executives of the Public Services of Canada and in 2014 he received the Governor General of Canada Order of Merit in Policing.
Randy is currently the President of 2 The Point Consulting Ltd.
Advisor
Michael Lord serves as Director of Business Development of LivWell Enlightened Health, one of the largest legal cannabis companies in the state of Colorado. Through his time at LivWell, Michael has helped run, open, design, and develop LivWell’s retail stores and was instrumental in the design and implementation of LivWell’s University program and online training platform.
Michael has been on the Executive Advisory Boards of both Leafly.com and Leafbuyer.com and often acts as a mentor to cannabis start-ups and entrepreneurs, doing his part to help build a socially responsible industry.
Advisor
Floyd Landis is a former professional road racing cyclist who raced for a number of teams including the Mercury Cycling Team, the U.S. Postal Service team and the Phonak Hearing Systems team until 2011.
Since his career in professional cycling, Landis has started a new company producing high-quality cannabis products under the brand name “Floyd’s of Leadville” which specializes in pesticide-free cannabis oil from high altitude growers using an industry–leading, pharmacy grade CO2 extraction process.
Advisor
Mark Tewksbury is an Olympic Champion with gold, silver and bronze medals, He was inducted into the Canadian Sports, Canadian Olympic, and International Swimming Halls of Fame. In 2012, Mark was the Chef de mission for the Canadian Olympic team competing in London.
Mark is has recently been appointed to the Canadian Olympic Committee, is Vice Chair of Special Olympics Canada and is a global leader on the LGBT sport issues. He is co-founder of Great Traits; a training and development company that helps people succeed in competitive, performance-driven environments.
Advisor
Chad Oakes is a producer and writer, known best for “Hell on Wheels”, “Fargo”, and “On the Road”.
Chad is currently the Co-Chairman of Nomadic Pictures Corp, a Calgary based production company developing, financing and producing features, movies-of-the-week (MOWs), mini-series and TV series. Founded in 1995, Nomadic Pictures has produced over 67 projects, worth a combined $650 million in production, and remains one of the most active production companies in Canada. The production company has produced works that have garnered 55 Emmy nominations and countless other awards including audience favourite at the 1997 Sundance Film Festival for their feature film “Hugo Pool”.
Advisor
Jeff Boyce is a senior oil and gas executive with over 35 years of domestic and international experience in building, financing and managing public oil and gas companies. He is currently President of Evsam Holdings Ltd., formerly Chairman, CEO and Director of Sure Energy Inc., and Executive Chairman and Director of PetroAmerica Oil Corp. Prior to this he co-founded and was President and CEO of Clear Energy Inc., and Vermilion Resources Ltd. Jeff currently sits on the Board of Directors for numerous public and private companies
Advisor
Ron Hozjan has been VP Finance & CFO of Tamarack Valley Energy since its inception. He is a CPA with over 25 years of oil and gas experience, and over 15 years of experience as a senior financial officer. Prior to Tamarack, he served as the CFO of Vaquero Resources Ltd. which was acquired by RMP Energy Ltd. Prior thereto, he was the Vice President Finance and CFO at a predecessor firm, Vaquero Energy Ltd., which grew successfully before merging with Highpine Oil & Gas Limited. Previously, he held various senior finance positions at Storm Energy and Renaissance Energy.
Advisor
Michael Lord serves as Chief Operating Officer of LivWell Enlightened Health, one of the largest legal cannabis companies in the state of Colorado. Through his time at LivWell, Michael has helped run, open, design, and develop LivWell’s retail stores and was instrumental in the design and implementation of LivWell’s University program and online training platform.
Michael has been on the Executive Advisory Boards of both Leafly.com and Leafbuyer.com and often acts as a mentor to cannabis start-ups and entrepreneurs, doing his part to help build a socially responsible industry.
Advisor
Floyd Landis is a former professional road racing cyclist who raced for a number of teams including the Mercury Cycling Team, the U.S. Postal Service team and the Phonak Hearing Systems team until 2011.
Since his career in professional cycling, Landis has started a new company producing high-quality cannabis products under the brand name “Floyd’s of Leadville” which specializes in pesticide-free cannabis oil from high altitude growers using an industry–leading, pharmacy grade CO2 extraction process.
Advisor
Mark Tewksbury is an Olympic Champion with gold, silver and bronze medals, He was inducted into the Canadian Sports, Canadian Olympic, and International Swimming Halls of Fame. In 2012, Mark was the Chef de mission for the Canadian Olympic team competing in London.
Mark is has recently been appointed to the Canadian Olympic Committee, is Vice Chair of Special Olympics Canada and is a global leader on the LGBT sport issues. He is co-founder of Great Traits; a training and development company that helps people succeed in competitive, performance-driven environments.
Advisor
Chad Oakes is a producer and writer, known best for “Hell on Wheels”, “Fargo”, and “On the Road”.
Chad is currently the Co-Chairman of Nomadic Pictures Corp, a Calgary based production company developing, financing and producing features, movies-of-the-week (MOWs), mini-series and TV series. Founded in 1995, Nomadic Pictures has produced over 67 projects, worth a combined $650 million in production, and remains one of the most active production companies in Canada. The production company has produced works that have garnered 55 Emmy nominations and countless other awards including audience favourite at the 1997 Sundance Film Festival for their feature film “Hugo Pool”.
Advisor
Jeff Boyce is a senior oil and gas executive with over 35 years of domestic and international experience in building, financing and managing public oil and gas companies. He is currently President of Evsam Holdings Ltd., formerly Chairman, CEO and Director of Sure Energy Inc., and Executive Chairman and Director of PetroAmerica Oil Corp. Prior to this he co-founded and was President and CEO of Clear Energy Inc., and Vermilion Resources Ltd. Jeff currently sits on the Board of Directors for numerous public and private companies
Advisor
Ron Hozjan has been VP Finance & CFO of Tamarack Valley Energy since its inception. He is a CPA with over 25 years of oil and gas experience, and over 15 years of experience as a senior financial officer. Prior to Tamarack, he served as the CFO of Vaquero Resources Ltd. which was acquired by RMP Energy Ltd. Prior thereto, he was the Vice President Finance and CFO at a predecessor firm, Vaquero Energy Ltd., which grew successfully before merging with Highpine Oil & Gas Limited. Previously, he held various senior finance positions at Storm Energy and Renaissance Energy.
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