Ayr Wellness Announces the Launch of Origyn Extracts in.
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Another infrastructure project was initiated earlier this past week with the purchase of a 50,000 square foot distribution building just one hour south of Albuquerque. The space is intended to help distribute cannabis to Southern and Southeastern New Mexico, where demand is projected to be greater than other areas of the state.
The biggest expansion project is a newly contracted, 28-acre parcel and 225,000 square foot building in Southern New Mexico. The recently renovated building boasts ample space for production, warehousing, R&D, maintenance, and office space. Other features include temperature-controlled processing rooms, designated warehouses for raw materials and finished goods, ceiling heights up to 24 feet, and water filtration systems.
Duke Rodriguez, CEO and President of Ultra Health
ALBUQUERQUE, N.M., June 01, 2021 (GLOBE NEWSWIRE) — Ultra Health, New Mexico’s #1 Cannabis Company, has officially broken ground on multiple capital expansion projects in New Mexico to ready the state for the onset of commercial cannabis activity under the Cannabis Regulation Act, effective June 29, 2021.
Between all of its operations, Ultra Health has more than 15.8 million square feet of retail, production and cultivation space and has already invested more than $30 million into the New Mexico cannabis market. Ultra Health’s 2020 expansion efforts exceeded $12 million including constructing a new, state-of-the-art, 35,000 square foot greenhouse on its Bernalillo campus as well as the purchase of HQ1, a 35,000 square foot commercial building in Albuquerque that will serve as the organization’s New Mexico headquarters.
Licensees will need to deploy substantial energy and capital to ensure the proper handling of cannabis products from seed to sale, which includes a level of physical infrastructure the state and the entire industry has yet to see or fully appreciate.
March 16, 2020 13:58 ET | Source: Ultra Health Ultra Health
Upon the successful import of the high-CBD medicines to Israel, Ultra Health agreed to purchase another 1,000 pounds of New Mexico-produced hemp to begin expanding further production and export.
Historical export and import of low-THC, high-CBD medicine marks beginning of global trade relationship
“We are grateful to the New Mexico Environment Department and the New Mexico Department of Agriculture, who had a key role in making all of this happen,” said Duke Rodriguez, CEO, and President of Ultra Health ® . “I look forward to the continued success of the Ultra Health and Panaxia partnership that has proven to greatly enhance both entities’ abilities to innovate the cannabis industry on a global scale.”
ALBUQUERQUE, N.M., March 16, 2020 (GLOBE NEWSWIRE) — Ultra Health, New Mexico’s #1 Cannabis Company with a nationwide presence, successfully exported low-THC, high-CBD cannabis medicine to Israel last week through its strategic partnership with Israeli pharmaceutical group Panaxia. Ultra Health is the first-ever commercial United States cannabis company to export cannabis extracts to Israel.
The high-CBD medicine was created from extracting New Mexico-produced hemp in Bernalillo, New Mexico after Ultra Health and Panaxia US received hemp extraction and manufacturing permits from the New Mexico Environment Department (NMED). Ultra Health is also a recipient of two continuous hemp commercial research production licenses from the New Mexico Department of Agriculture.