Two warehouses are all that stand on a North Shuswap property owned by Citation Growth Corp. The property, which was to be the home of a proposed cannabis production facility, is the subject of an ongoing transaction with Saskatchewan-based company Indigenomix, which has agreed to its purchase for the price of $8.5 million. (Contributed)

Sale of unfinished North Shuswap cannabis facility delayed

Citation Growth Corp. reports agreement for $8.5 million purchase of Celista property

A rural North Shuswap property that was supposed to be the home of a cannabis production facility is currently the subject of an $8.5 million transaction reportedly delayed by COVID-19.

The property is owned by Citation Growth Corp. – formerly Liht Cannabis Corp. (and Marapharm Ventures before that). In 2018, the company sought to transform the 40-acre lot, once a family farm, into a medical cannabis production facility, with 10 buildings at 10,000-square-feet each, all with the capacity to grow 1.6 million grams annually. Proponents of the facility hoped the operation would bring 100 jobs to the region – work directly related to cannabis production as well as office and transport work.

In an April 15, 2020 release, Citation announced that on April 8, it had executed a letter of intent for the sale of the property with Indigenomix International, a private Saskatchewan-based business, for the agreed price of $8.5 million.

“The Definitive Agreement includes a commitment from Citation to support Indigenomix on regulatory requirements, an intellectual property license for certain organic growing methodologies and other material technology,” stated the release.

In a June 30, 2020 release, Citation announced the transaction had been delayed due to the COVID-19 pandemic.

In a Sept. 1, 2020 release, Citation announced it had extended its agreement with Indigenomix for the sale of its Celista assets. However, with continuing challenges from the global pandemic, “the ability to close the transaction on the latest timeline has proven challenging.”

“We are working together to close the sale of our Celista assets to the Indigenomix group and are confident we can do so in a reasonable time frame,” commented Citation president Erik Anderson. “Unfortunately, we have not been able to meet our most recent deadline due to COVID-19 restrictions, but we have been given further confidence through additional non-refundable deposits. We look forward to releasing information regarding a successful transaction shortly.”

Read more: Medical cannabis operation in B.C. Interior may face regulatory hurdles

Read more: Trade restrictions lifted on company behind Shuswap cannabis operation

Read more: North Okanagan cannabis company in bankruptcy

Neither Anderson nor Citation replied to a request for an update on the transaction.

Jay Simpson, the Columbia Shuswap Regional District’s director for the North Shuswap/Electoral Area F, said he didn’t have any new information either.

“I’m disappointed that it didn’t happen the way it was supposed to and I’m disappointed we didn’t get the jobs that were suggested were going to happen,” said Simpson. “I look forward to the new owners coming in and making a going concern of it.”

Deanna Kawatski, who lives across the road from Citation’s Celista property, is watching and waiting to see what happens on the lot. She says except for the placement of a crude sign saying, “Do not enter construction site,” there’s been little notable activity there for a while.

Kawatski has several concerns with the property and the proposed cannabis facility, should it come to fruition, including how it might impact her water supply.

“We have water that goes under the road and over there and of course that’s a concern for us because if they start really sucking it dry it could impact our water,” said Kawatski. “But nobody has listened to us. It’s been very disheartening.”

Like us on Facebook and follow us on Twitter

cannabis

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

test tube with the blood test is on the table next to the documents. Positive test for coronavirus covid-19. The concept of fighting a dangerous Chinese disease.
Interior Health records third COVID-19 death

A new community outbreak was reported at Okanagan Men’s Centre in Lake Country

Request to put a porta-potty at Salmon Arm’s Klahani Park for students is approved by city council. (File photo)
Salmon Arm council OKs plan to provide porta-potty in park

Outdoor school principal asks for permission to put portable toilet in Klahani Park during winter

Volunteers with the newly-created Blind Bay Citizens Patrol visited South Shuswap businesses to provide information about their organization on Oct. 28. (Photo contributed)
Blind Bay Citizens Patrol takes to the streets

The organization of the group is a year in the making but patrols will begin soon.

A pair of Oct. 27 vehicle crashes damaged the railing of the RW Bruhn Bridge. (Sicamous RCMP photo)
Railing of Sicamous’ Bruhn Bridge damaged, repairs could take months

Sicamous says sidewalk will be inaccessible to wheelchairs until repairs complete

This Photoshopped version of the crosswalks near the entrance to the Salmon Arm Art Gallery on Hudson Avenue show what is proposed to help create safety for and show inclusivity to the LGBTQ2S+ community. (Salmon Arm Arts Centre image)
Tri-rainbow crosswalk and Progress flag requested to help make Salmon Arm safe

Council will consider budget requests to help make city inclusive to LBGTQ2S+ community

Provincial health officer Dr. Bonnie Henry updates the COVID-19 situation, B.C. legislature, Oct. 26, 2020. (B.C. government)
B.C.’s COVID-19 case count jumps by 287, another senior home outbreak

Two more deaths recorded, community outbreak in Okanagan

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

An untitled Emily Carr painting of Finlayson Point was donated to the Art Gallery of Greater Victoria by brothers Ian and Andrew Burchett. The painting had been in their family for several decades. (Courtesy of the Art Gallery of Greater Victoria)
Never before seen painting by famed B.C. artist Emily Carr gifted to Victoria gallery

Painting among several donated to Art Gallery of Greater Victoria

The B.C. Centre for Disease control is telling people to keep an eye out for the poisonous death cap mushroom, which thrives in fall weather conditions. (Paul Kroeger/BCCDC)
Highly poisonous death cap mushroom discovered in Comox

This marks first discovery on Vancouver Island outside Greater Victoria area

100 Mile Conservation officer Joel Kline gingerly holds an injured but very much alive bald eagle after extracting him from a motorist’s minivan. (Photo submitted)
Rescued bald eagle that came to life in B.C. man’s car had lead poisoning

Bird is on medication and recovering in rehab centre

In May 2019, Brennan Joel Metlewsky and Jordan Robert Kupser were charged with attempted murder, robbery and aggravated assault stemming from an incident that took place in Vernon in 2017. (Facebook photo)
Attempted murder charges dropped for pair accused in Vernon stabbing

Brennan Metlewsky and Jordan Kupser will appear in Supreme Court to set a new trial date

A boat moored at Turtle Bay Marina was reported stolen Oct. 1 and remains under investigation. (Contributed)
North Okanagan crimes remain unsolved

Boat stolen from marina, theft of siding and vehicle break and enter

Janet Austin, lieutenant governor of B.C., was presented with the first poppy of the Royal Canadian Legion’s 2020 Poppy Campaign on Wednesday. (Kendra Crighton/News Staff)
PHOTOS: B.C. Lieutenant Governor receives first poppy to kick off 2020 campaign

Janet Austin ‘honour and a privileged’ to receive the poppy

An air tanker drops fire retardant on the Christie Mountain wildfire along Skaha Lake in Penticton, B.C. Thursday, August 20, 2020. (Jonathan Hayward - The Canadian Press file)
North Okanagan firefighters thanked for help in Christie Mountain wildfire

Regional District of Okanagan-Similkameen send thank-you note to Vernon firefighters

Most Read