Partnership for development of Cannabis Career Training Program.
VAUGHAN, ON, June 13, 2018 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (TSX: TRST), one of Canada's leading licensed producers of medical cannabis, announced the signing of an agreement with Kwantlen Polytechnic University (KPU) to collaborate on the ongoing development of the university's non-academic Cannabis Career Training program.
Offered through KPU's Continuing and Professional Studies division, a suite of non-credit cannabis courses were first offered in 2015. The courses were created to assist with the establishment of a knowledgeable and educated workforce for the quickly expanding medical cannabis industry. CannTrust, in partnership with KPU, will assist in the continued development of the Cannabis Career Training program, with the aim of providing students with the necessary work skills required for the industry's continually evolving demands. Delivered in an online format, the program is easily accessible and is in extremely high demand all across Canada.
The CannTrust-KPU partnership will afford students the opportunity for work placements. CannTrust will also offer employment to a number of qualified candidates. All of this will bring an infusion of new expertise and talent to the Company and help position CannTrust for continued growth and success.
Students enrolled in the Cannabis Career Training program can participate in multiple thirteen-week online course modules. Courses will be available in Plant Production & Facility Management, Marketing, Sales, Drug Development and Financing. The courses are led by experts from across all facets of the industry, including science, horticulture and marketing.
"We are thrilled to partner with Kwantlen Polytechnic University to develop the education tools and courses required for the next generation of experts and specialists for the quickly evolving cannabis industry. CannTrust looks forward to participating in the growth of the training Program and in creating internship, co-operative education and employment opportunities for its students and graduates," said Brad Rogers, President of CannTrust.
"We were the first post-secondary institution in Canada to provide professional training in the cannabis industry," said David Purcell, Director of Emerging Business within the Continuing and Professional Studies division at KPU. "We're proud to continue to further develop that training in partnership with CannTrust and provide a high level of education to those wishing to enter the rapidly expanding and dynamic sector."
CannTrust and KPU will also collaborate to educate the surrounding community on career opportunities within the cannabis industry and on events highlighting their work in growing the Cannabis Career Training program.
Since its inception in 2014, CannTrust has led the Canadian market in producing pharmaceutically standardized product.
As a federally regulated licensed producer, CannTrust brings more than 40 years of pharmacy and healthcare experience to the medical cannabis industry. CannTrust currently operates a 60,000 square foot state-of-the-art hydroponic facility in Vaughan, Ontario, as well as the recently completed 250,000 square foot Phase 1 redevelopment of its 450,000 square foot Niagara Greenhouse Facility. The Phase 2 expansion is underway and is anticipated to be completed and in cultivation towards the middle of 2018.
CannTrust is committed to research and innovation, as well as contributing to the growing body of evidence-based research regarding the use and efficacy of cannabis. Our product development teams along with our exclusive global pharma partner, Apotex Inc., are diligently innovating and developing products that will make it easier for patients to use medical cannabis. We support ongoing patient education about medical cannabis and have a compassionate use program to support patients with financial needs. For more information, please visit: www.canntrust.ca.
About Kwantlen Polytechnic University
Kwantlen Polytechnic University has served the Metro Vancouver region since 1981 and has opened doors to success for more than 200,000 learners. Four campuses — Richmond, Surrey, Cloverdale and Langley — offer a comprehensive range of sought-after programs in business, liberal arts, design, health, science and horticulture, trades and technology and academic and career advancement. Over 19,000 students annually have a choice from over 120 programs, including bachelor's degrees, associate degrees, diplomas, certificates, citations and apprenticeships. Learn more at kpu.ca.
Forward Looking Statements
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon CannTrust's current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy.
Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of fact.
Any forward-looking information speaks only as of the date on which it is made, and, except as required by law, CannTrust does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for CannTrust to predict all such factors. When considering these forward-looking statements, readers should keep in mind the risk factors and other cautionary statements in CannTrust' s Annual Information Form dated March 29, 2018 and filed with the applicable Canadian securities regulatory authorities on SEDAR at www.sedar.com. The risk factors and other factors noted in CannTrust's Annual Information Form could cause actual events or results to differ materially from those described in any forward-looking information.
The TSX does not accept responsibility for the adequacy or accuracy of this release.
Copyright © 2017 CannTrust Holdings Inc.
SOURCE CannTrust Holdings Inc.
For further information: CannTrust Holdings Inc., Investor@canntrust.ca, www.canntrust.ca/investor-relations, 1-833-688-TRST (8778)