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Cannabis oil extract company aims to open in Olds

Cannabis oil extract company aims to open in Olds

OLDS — Town council has passed a bylaw to enable a cannabis production company to set up in northeast Olds. The company, Seep Cannabis, founded by former Olds Grizzly junior A hockey player Tyr Thompson, will be located in two lots at 4218 46th Ave., in an industrial area at the corner of Highway 2A and

OLDS — Town council has passed a bylaw to enable a cannabis production company to set up in northeast Olds.

The company, Seep Cannabis, founded by former Olds Grizzly junior A hockey player Tyr Thompson, will be located in two lots at 4218 46th Ave., in an industrial area at the corner of Highway 2A and 43rd Street.

In order to enable the company to operate there, the area had to be rezoned from Light lndustrial District (11) to Direct Control District 7 (DC7). By law, all cannabis production facilities in Olds must fall under that zoning.

During an interview with the Albertan, Thompson said his company will take cannabis plants grown elsewhere by suppliers, extract oil from them and infuse that oil into a small pouch for purchase.

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Jason Laine
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