New Cannabis Products: New Cannabis Company Coming to Medicine Hat


By: Chat Hat News / Scott Roblin; Charles Lefebvre
January 29, 2019

MEDICINE HAT, AB – A surprise announcement at Tuesday’s annual State of the City address, as hemp oil manufacturer Folium Biosciences is the newest large company to make the move to Medicine Hat.
Near the end of his address in front of a packed room of hundreds of community leaders, Mayor Ted Clugston announced two plants will be constructed over the next year, which will bring 250 full-time positions once opened.

A move that Clugston said has been over a year in the works with Folium Biosciences.

“This one just gained momentum and moved quickly, and [they] chose Medicine Hat for a reason,” said Clugston.

It’s the first foray into Canada for the Colorado-based hemp oil business, who extract and manufacture cannabis minus the psychoactive component THC.

CEO and owner Kashif Shan said the market for hemp-based health products is growing and it made sense to expand to southern Alberta.
“There are large, national domestic companies

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