Canada-based Asterion Cannabis Inc. plans to build what is being called “the world’s largest marijuana facility” in Toowoomba, Queensland, Australia. The enormous facility will be capable of generating 500,000 kg of cannabis per year.
The parcel of land is gigantic—measuring in at 75 hectares (185.329 acres). Even more impressive is the facility size. The facility is planned to be 400,000 square meters (4,305,564.17 square feet). Asterion Cannabis’ Australian subsidiary site will allow the company to grow in ways that it couldn’t before. Because of the sheer size of the project, it will be completed in steps.
“The Production Facility will be developed in three stages: the first two stages each consisting of a 10 hectare (25 acre) greenhouse facility, and the final stage comprising two 10 hectare greenhouse facilities, with each stage to include ancillary buildings,” the company stated on its website. “The Production Facility will be automated and powered by renewable energy and is expected to have annual cannabis production capacity in excess of 500,000 kg. The facility will include full extraction and processing equipment, as well as a research and development facility for the development of next generation cannabis products.”
It’s located near Toowoomba Wellcamp Airport and the area will be converted into farmland. The project puts Asterion among the same ranks as other large Canadian producers such as Aurora, Tilray, Aphria and Canopy Growth.
In comparison, Aurora Cannabis recently was approved for an enormous 800,000-square-foot greenhouse facility capable of producing over 100,000 kg of cannabis per year. Coincidentally, Aurora’s facility will be located near an airport as well. It will be located near the Edmonton International Airport.
Asterion isn’t alone in its quest to move shop and set up Down Under. At least two other Canadian companies, Cannatrek and Canntrust, have recently announced plans to invest in Australian sites as well.