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Asterion Cannabis bolsters team with new Director of Development appointment

Peter Ryan is an executive engineer and business leader with a track record of delivering strong operational results in the infrastructure and construction industry

cannabis leaves
Asterion is currently rolling out an ambitious project in southeast Queensland to construct the world's largest purpose-built cannabis greenhouse

Asterion Cannabis Inc announced it was boosting its team Monday, appointing Peter Ryan as its new Director of Development (Australia). 

The firm noted in a statement, Ryan is an executive engineer and business leader with a track record of delivering strong operational results in organizations operating within the infrastructure and construction industry. Ryan has worked in Australia, South East Asia and the South Pacific, overseeing the completion of a range of complex projects, in a number of market sectors, including the health, infrastructure, building, renewable energy and manufacturing sectors.

“We are very pleased to have Mr. Ryan join our team,” said CEO Stephen Van Deventer in a statement. “With his extensive experience working in large-scale infrastructure and construction throughout Australia, South East Asia and the South Pacific, his proven ability to deliver operational results will be ideal for Asterion as we work to bring our Toowoomba cannabis facility into production.”

READ: Asterion Cannabis' Queensland project gets big boost after government ruling

The Vancouver-based company is currently rolling out its ambitious project in southeast Queensland, to construct the world's largest purpose-built greenhouse cannabis production facility. The facility will cover a 4.3 million sq/ft site with an aim to ultimately have an annual capacity in excess of 500,000 kilograms.

Asterion's facility is expected to be developed in three stages: the first two stages each consist of a 10-hectare (25 acre) greenhouse facility and the final stage of two 10-hectare (25 acre) greenhouse facilities, with each stage including ancillary buildings.

“I am excited to be associated with Asterion to develop its world-class Toowoomba cannabis production facility, which will create employment opportunities for the local community and support the advancement of medical cannabis globally," said Ryan. 

Ryan has held previous roles as an executive of Leighton Contractors, where he was responsible for delivering over $5 billion in projects across 10 market sectors. Most recently, Ryan was Managing Director of WBHO’s Australian infrastructure business. 

Contact Katie Lewis at katie@proactiveinvestors.com

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on 22/10/19

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