Grants and Contributions:

Title:

Automated Pre-roll Production

Agreement Number:

2122-CN-000029

Agreement Value:

$99,999.00

Agreement Date:

Jul 13, 2021 - Mar 31, 2022

Description:

A project to acquire a pre-rolling machine for its cannabis cultivation and packaging facility. This capital asset will help Boreal develop a new high-potential product, enhance Boreal's productivity and increase its sales capacity.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As result of this project, Boreal will own a fully automated pre-rolling machine that will help it develop a new high-potential product and improve its bottom line. This project is expected to create 2 local positions in the short term, specifically 1 full-time position for the operation of the machine, and two part-time positions for packagining pre-rolls. Once fully operational, Boreal will be employing 12-15 full-time and 15-20 part-time employees, representing a significant source of employment in Yellowknife.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 1S7

Reference Number:

0780-2021-2022-Qrt2-0000032

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Operating Name:

BOREAL CULTIVATION INC.

Recipient's Legal Name:

BOREAL CULTIVATION INC.

Federal Riding Name:

Northwest Territories

Federal Riding Number:

61001

Program:

Inclusive Diversification and Economic Advancement in the North (IDEANorth)

Program Purpose:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.