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Oland's Brewers Grain and Yeast was incorporated in Nova Scotia on May 23, 1961 to sell by-products from the brewing process to farms and grain dealers and brokers. Through an agreement with Industrial Estates Limited, a crown corporation of the Government of Nova Scotia, a grain drying plant was built on Young Street in Halifax, Nova Scotia and was officially opened on January 17, 1963. The company dried wet, or "spent" grains used to brew beer and packaged and sold them to farmers for bulk cattle feed. It also handled brewer's yeast. It was a wholly owned subsidiary of Oland and Son Limited and was managed out of the head offices of Oland and Son Limited at Keith Hall on Lower Water Street in Halifax, Nova Scotia.
On December 29, 1961, Oland's Brewers Grain and Yeast purchased Lindwood Farms and Northfield Farms from Sidney C. Oland for $257,127.49. Prior to this purchase, Sidney Oland had been acquiring land to increase the size and capacity of the farms. At the time of the sale, the farms occupied over 4500 acres of land in Hants County and Halifax County. Alex Lamond was General Manager of Lindwood Farms and he continued to live on and manage the farm under Oland's Brewers Grain and Yeast.
Oland and Son Limited, the parent company to Oland's Brewers Grain and Yeast, sold its brewing assets to John Labatt Limited on June 1, 1971. After the sale, Oland's Brewers Grain and Yeast became Culverwell Holdings. See the Culverwell Holdings series for more information.