FSD Pharma's cannabis facility in Ontario officially valuated at $105M, forecast

Investment Pitch | Season 1

FSD Pharma Inc., a licensed cannabis producer, announced that according to a new official Comprehensive Property Value Assessment, its Cobourg, Ontario land and facility now has a Fair Market Value of $105 million. In the opinion of the commercial real estate assessment specialist that provided the valuation, the property as a whole at the time of completion and operation of approximately 3,000,000 square feet would have an overall estimated property value of $420 million, based on an average cost of 250 dollars per square foot to build out.