Federal Equipment Company was first established in 1957. Based in Cleveland, Ohio, the firm specialises in industrial equipment sales, liquidation and investment recovery programs. Federal Equipment Company buys and sell equipment used across a wide range of process industries, including equipment used in the pharmaceutical, food, chemical, packaging, rubber and plastics sectors, and stock equipment across 275 distinct categories. This August, Federal Equipment Company will sell late model cannabis production and processing equipment surplus to the ongoing needs of Canopy Growth. The auction takes place in conjunction with Heritage Global Partners.
Canadian firm Canopy Growth Corporation specialises in diversified cannabis and cannabinoid-based consumer products. The company markets medical products under their Spectrum Therapeutics brand, and to adult use markets via their Tweed and Tokyo Smoke brands. Their products include softgel capsules, infused beverages, edibles, oils and dried flowers.
The online auction is scheduled to take place between the 10th and 12th of August. The assets are located across multiple locations in the US and Canada and may be inspected by appointment with the auctioneer only. Equipment available includes: Beijing Sunshine FMT-600 fill mixing tanks; MD packaging oil spray inline filling system; Capmatic capping and labelling line-square; Bepex paddle dry systems; Beijing Sunrise GMTV-800 gel mixing tank; Pinnacle stainless alcohol extraction system; Inviro Cool Breeze air handling systems; SMS manufacturing rotary hemp leaner/dryer & screw conveyor; LCI thin film evaporator; nursery items and more.