Targeted Milestones for 2019 .......
Targeted milestones 2019 - CannaCure completes 1st harvest and projected to generate 1st revenues [completed]- Voyage scheduled to complete first greenhouse construction - Two extraction machines to be installed in Voyage [completed]- Two extraction machines to be installed in CannaCure [completed] - Expected Processing License and Medical Sales Licence granted by Health Canada for PhyeinMed [completed] - Launch medical cannabis division [completed]
Q1 - Expected Processing Licence and Medical Sales Licencegranted by Health Canada for CannaCure [completed] - Voyage expected to complete 1st harvest and generate 1st revenues - Initial extraction revenues projected - Two new distribution channels targeted - Begin Phase 2 construction of a dedicated extraction room at CannaCure- Select partners for edibles and infusion products - BriteLife to sign partnerships for medical cannabis education
Q2 - Expand extraction supply agreements- Completion of Phase 2 extraction rooms at CannaCure- Construction of additional greenhouses at Voyage- Begin Phase 3 CannaCure expansion for edibles and other infusion products- Second site licence applications for both CannaCure and Voyage
Q3- Complete Phase 3 expansion at CannaCure- First revenues of edibles and infusion products- Launch first retail location (subject to Provincial licence application approval) - Expand licence footprints to include sales and research