July 26, 2017 / 11:16 AM / 5 months ago

BRIEF-ABcann Global provides construction and expansion update

July 26 (Reuters) - Abcann Global Corp

* ABcann Global Corp - ‍confirms that plans to commence construction at company’s Kimmett facility in Q3 2017 remain on track​

* ABcann Global Corp - ‍first cultivation from Kimmett facility is expected in Q4 2018​

* ABcann Global Corp - ‍Kimmett reaching full production capacity is expected in Q1 2019​

* ABcann Global Corp - ‍previously announced plans for a 71,000 square foot Phase 1 plan have been expanded to 100,000 square feet for Kimmett facility​

* ABcann Global Corp - cash position about $43 million, co expects will be sufficient to complete Phase 1 square foot construction at Kimmett, expansion at Vanluven​ Source text for Eikon: Further company coverage:

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