FEBRUARY 2018
» MAXIMIZE GOAL SETTING FOR SUCCESS
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VERNON Heritage Stone Paving & Landscaping specializes in interlocking paving stones
Thompson/Okanagan WWW.BUSINESSEXAMINER.CA
Manufacturing Firm A Leader In Botanical Oil Extraction
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KELOWNA
BY DAVID HOLMES
Multi award winning 3rd Generation Homes
K
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INDEX News Update
Vitalis Extraction Technology Nominated For A Trio Of Small Business Awards
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Kelowna 5 Kamloops 6 Penticton 6 Salmon Arm
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Lake Country
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Summerland 15 Vernon 18 Movers and Shakers 19 Opinion 22
ELOWNA – There’s green in them there buds! According to the Chicagobased cannabis market research firm the Brightfield Group, the international market for cannabis is projected to hit $31.2 billion (US) by the year 2021, up from the $7.7 billion value reported in 2017. Benefiting from that exponential growth, Kelowna’s Vitalis Extraction Technology and its innovative line of botanical oil extraction systems, is poised for growth every bit as dynamic as the overall global demand for cannabis-based products. “What is Vitalis? What we are is a manufacturing company. We build the equipment used to extract cannabis oils that are then used in a wide variety of products, including for medicinal uses. We don’t extract the oils ourselves, but sell the equipment used by the companies that do,” explained Pete Patterson Vitalis’ Co-founder and Chief Operating Officer (COO).
The team from Vitalis Extraction displaying their system at the Marijuana Business Conference & Expo 2017 in Las Vegas
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SEE VITALIS EXTRACTION | PAGE 14
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CHBA: Building Community in the Central Interior
OUR 9TH YEAR
Canadian Publications Mail Acct.: 40069240
T
he new executive officer for the Canadian Homebuilders Association, Central Interior, may also be the organization’s biggest fan. “I am privileged to be working here and to be working with these members,” says Rose Choy, who was appointed as Executive Officer in December 2017. Her appointment followed almost 11 years of dedicated service to the organization, starting as
membership services manager shortly after she arrived in Canada. She then tackled every task that appeared, so was well prepared to step into the top post. “I’ve been doing parts of the job over the years because I’m a jack-of-all-trades kind of person so now I have the title to match,” Choy said. She had originally come to Canada from the Philippines, where she had worked as an office administrator. Fluent in
English, which she started learning in grade school, she combined her experience and work ethic to serve Kamloops’ construction community. Her favourite task is promoting the Association and its members, especially their annual generosity in creating the Y Dream Home. This annual fundraiser for the Kamloops YMCA is now entering its 28th year, with work well underway on the house for
2018. The Y Dream House is a threeway project that combined the ex pertise of loca l Ca nad ia n H o m e b u i l d e rs A s s o c i a t io n members, the energy of trades students from Thompson Rivers University (TRU), and the community base of the YMCA. The first step is a donation of a lot at a discount, which is SEE CHBA | PAGE 12