Home   News   Article

Cannabis producer buys Spalding farm group




Spalding-based Bridge Farm Group has been bought by a licensed cannabis producer from Canada.

The transaction paves the way for a massive expansion that will make Bridge Farm one of Europe's largest, fully automated protected growing facilities of a medicinal cannabis extract (CBD).

CBD (cannabidiol) is obtained from cannabis and its cousin, hemp, but does not cause a "high".

Seedlings inside one of the Bridge Farm (14567933)
Seedlings inside one of the Bridge Farm (14567933)

The extract is said to be beneficial for a range of health conditions, including anxiety, depression and heart disease, and is sometimes an option for pain and symptom relief for cancer patients.

The executive chairman of Sundial Growers, Ted Hellard, said: "Bridge Farm has been an acquisition we have set a goal on for some time.

"Their current structure size of 1.5 million square feet will be increased to 3.5 million by the end of 2021, allowing Bridge Farm to become one of the largest fully automated, protected growing facilities in Europe.

Bridge Farm Nurseries Ltd in Spalding - Neame Lea is also part of the Bridge Farm Group
Bridge Farm Nurseries Ltd in Spalding - Neame Lea is also part of the Bridge Farm Group

"We believe it gives Sundial the opportunity to be one of the first movers at scale within the CBD wellness market within Europe.

"Bridge Farm’s supply chain capability and retail relationships along with unparalleled capacity bring with it exciting possibilities for Sundial’s global wellness brand platform. We welcome David (Ball) and his team on board."

Bridge Farm chief executive David Ball said: "As a family business we are very proud of the way we have grown Bridge Farm to its current position as one of the most successful UK horticultural businesses.

"Demand for CBD products is growing with increasing consumer awareness in the UK market.

The Bridge Farm Ltd Nurseries site in Spalding
The Bridge Farm Ltd Nurseries site in Spalding

"However, consumers want confidence in the products they buy. Our philosophy as growers is that plants must be high quality and grown in a sustainable way and we will now be able to bring that expertise to CBD health products."

Bridge Farm Group started out as Bridge Farm Nurseries and was founded by Tony and Jayne Ball in 1988.

Their son, David, became involved in the running of the business in 2010.

The Bridge Farm Group has been bought by a Canadian cannabis producer
The Bridge Farm Group has been bought by a Canadian cannabis producer

Originally the nursery grew house plants for the wholesale trade but has expanded greatly.

As well as Bridge Farm, the group includes Neame Lea and Zyon.

Previously ...

All systems go for Bridge Farm group



COMMENTS
()


Iliffe Media does not moderate comments. Please click here for our house rules.

People who post abusive comments about other users or those featured in articles will be banned.

Thank you. Your comment has been received and will appear on the site shortly.

 

Terms of Comments

We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules.

If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies - Learn More