Advocate news services file photo

Marijuana businesses high on Olds

Third marijuana company sniffing around Olds

Olds is high on medical marijuana.

A couple of medical cannabis proposals have already been approved by town council and a third company is also sniffing around the town of about 9,100.

Sundial Growers Inc. recently had a revised plan for a second phase including three micro-grow rooms at its 30-acre facility. Sundial is currently constructing a 405,000 square-foot facility in Olds that is expected to be in operation in 2018.

A longtime local company Olds Softgels is also getting into the medical cannabis gel pill business.

Most recently, Crescent Enterprises Inc. is looking at buying land to develop a federally licensed medical marijuana facility.

Olds and District Chamber of Commerce president Ben Stone said the business influx is going over well.

“The community is definitely looking forward to it,” he said on Monday. “It’s been pretty encouraging how the people in town have been reacting to it.”

There is a kind of natural fit in the community, where Olds College has a well-regarded horticulture program.

As well, Olds has one of the fastest high-speed Internet systems available anywhere through its O-Net project.

This budding marijuana boom has promoted the chamber of commerce and Uptowne Olds Committee to co-host a breakfast information meeting on Friday at the Olds Legion.

Medical marijuana will be the big topic but the intent is also to discuss the implications of other economic development opportunities in the community.

One of the recurring concerns of those leery of medical marijuana facilities is the prospect they will attract crime. Stone said those concerns and others will be addressed at the meeting.

In its rezoning application, Crescent Enterprises says it plans to grow marijuana aeroponically without the use of pesticides. Ethanol extraction will be used to make concentrate products.

Security measures will include a perimeter fence monitored by cameras and a security patrol. All medical cannabis will be stored in safes.

Sundial expects to employ 25 at first, increasing to 40 people.

Sundial founder and chief executive officer Stan Swiatek lent his support to Crescent’s project in a letter to council.

Like us on Facebook and follow us on Twitter

Just Posted

Photos: Children enjoy petting animals near Red Deer Sunday

Children and families learned about various animals and birds at a petting… Continue reading

Search for missing Tofino boaters scaled back, handed over to RCMP

TOFINO, B.C. — Jae Valentine woke to the sound of wolves howling… Continue reading

Get ready for the ‘internet of cows’: Farmers use technology to shake up agriculture

MONTREAL — Get ready for the “internet of cows.” Generations of farmers… Continue reading

WATCH: Red Deer cadets conclude year of learning

After a year of hard work, Red Deer’s local Air and Army… Continue reading

WATCH: Central Alberta High School Soccer League champs crowned

Lindsay Thurber girls’ team and Notre Dame boys’ team won Saturday at Edgar Park Field in Red Deer

5 dead as SUV chased by Border Patrol crashes in South Texas

BIG WELLS, Texas — At least five people were killed and several… Continue reading

Ramifications of a trade war: an expert look at the numbers for Canada

OTTAWA — A new analysis of escalating trade disputes involving the United… Continue reading

Deliberate spill: study launched to test crude and bitumen impact on lake life

KENORA, Ont. — Researchers were in northwestern Ontario over the weekend spilling… Continue reading

Two-spirit N.B. First Nation chief says his election points to progress

FREDERICTON — The new leader of a New Brunswick First Nation said… Continue reading

Google diversity report: Black women make up only 1.2 percent of its US workforce

Google released its annual workforce diversity report Thursday, marking only modest changes… Continue reading

Brazil held to 1-1 draw by Switzerland at World Cup

ROSTOV-ON-DON, Russia — Brazil joined the list of big teams struggling to… Continue reading

Canada’s Auger-Aliassime wins Sopra Steria title for 2nd straight year

LYON, France — Canadian Felix Auger-Aliassime defended his ATP Challenger Sopra Steria… Continue reading

Police: Taxi driver who hit 8 Moscow pedestrians fell asleep

MOSCOW — The suspect in a taxi crash near Red Square that… Continue reading

Most Read

Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month