Wayland Group Corp. announced that construction of Phase IA at Wayland's fully automated, purpose built, cannabis production facility in Langton, Ontario is near completion.  Like many companies in the cannabis industry, the Company experienced unanticipated regulatory delays in obtaining amendments to its licenses.  The delays in respect of amendments relating to the Langton facility contributed to additional financial challenges for the Company. These factors were the primary cause of the construction delays in completing the construction of this phase of construction at the facility, which was previously expected to be completed earlier this year. With Phase 1A nearly completed and licensed, the Company expects to shift focus to complete Phase 1B, its Processing and Packaging area.  Currently, all processing and packaging is completed at the Company's previously existing facility at 150, 8th Concession Road, Langton, Ontario, which is limited to approximately 70 kg per week.  Completion of Phase 1B will help gain additional operational efficiencies in processing, drying and packaging resulting in a dramatic increase in finished goods production capacity.  Phases 1C and 1D will then be completed sequentially.  Once Phase 1 (A, B, C, D) is completed, it is estimated that annual production will be a minimum of 25,000 kg/year.  No timeline for completion of these additional phases is available at this time.  The Company continues to believe that this facility, once fully operational, will be an ultra low cost facility and that, given its automated design, water collection systems and on site power co-generation, it will be capable of consistently producing premium quality cannabis.

The company had initially anticipated revenues of $37,900,000 for 2019, the company now anticipates that 2019 revenues will be 15-30% of that anticipated revenue.

The company expects 864 new plants to be planted using the perpetual grow platform each week.  The Company is expected to harvest approximately 250 kg of dried flower each month from now until the end of 2019.