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SpeakEasy's 2020 Historical Harvest of 72,000 KG
SpeakEasy's 2020 harvest was validation of the companies vision, the Geen's generational agriculture experiences paired with some of the
Founder,
How SpeakEasy Plans to Achieve 140,000 KG in 2021
- Plant Density - The 2021 growing season will see a number of changes from the successful 2020 season that management expects will lead to increased yields, including: increased planting density, physically larger plants during planting, additional space utilized and additional varieties.
- Additional Vegging Facilities - Last growing season, SpeakEasy was limited to 3,500 square feet of usable vegetive grow space. Our preparation space has climbed a staggering 1128% to 43,000 square feet, allowing SpeakEasy to grow larger healthier plants compared to last season.
- Earlier Planting - due to delays in the regulatory process, the Company was forced to start the 2020 planting season later than anticipated. With no anticipated licencing delays or other obstacles, SpeakEasy is set to start the 2021 planting season right on time.
- Increasing Harvest Efficiency - Using the data collected from last year, SpeakEasy plans to continue optimization of the different growing styles into the 2021 season to increase yield output efficiency.
About
square foot indoor cannabis complex and has completed its harvest of its 60-acre outdoor field. Total yearly production of cannabis flower and biomass is projected to be in excess of 140,000 kilograms per year once in full production.
On behalf of the Board of the Directors
Forward Looking Statement
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause SpeakEasy's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document include statements concerning SpeakEasy's expectations concerning the 2021 growing season, including anticipated harvest quantities and the strategies anticipated to be employed by the Company in the 2021 growing season, and its intent to produce and sell high quality craft cannabis, and all other statements that are not statements of historical fact.
Although SpeakEasy believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; COVID-19, adverse industry events; future legislative and regulatory developments involving cannabis; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the cannabis and hemp industries and markets in
[2] https://www.cbc.ca/news/canada/british-columbia/marijuana-cannabis-outdoor-rock-creek-speakeasy-cannabis-company-1.5743385 |
[3] https://globalnews.ca/news/7315375/bc-cannabis-company-fall-harvest/ |
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
The Canadian Securities Exchange nor its Regulation Service accepts responsibility for the adequacy or accuracy of this release.
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