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Captiva Verde Wellness Corp C.PWR

Alternate Symbol(s):  CPIVF

Captiva Verde Wellness Corp. is a Canada-based company. The nature of the Company's primary business is planned to be the acquisition, management, development, and possible sale of real estate projects in addition to organic food production and pharmaceutical products. The Company is engaged in operating infrastructure health and wellness platform. It has a portfolio of infrastructure assets in New Brunswick that include a 200-acre organic qualified farming property, 36,000 square feet of refurbished buildings and facilities, six-million-gallon water reservoir, and Health Canada approved security systems and security fencing. It also owns and operates Miami Padel Club, which is a professional sports franchise.


CSE:PWR - Post by User

Comment by SGFNBvpon Nov 04, 2020 10:48am
217 Views
Post# 31835585

RE:RE:RE:RE:RE:RE:RE:RE:RE:PWR news release

RE:RE:RE:RE:RE:RE:RE:RE:RE:PWR news releaseGood morning. Respectfully, for Solargram NB our proposition was and continues to be cultivating, harvesting and milling our product to be sent for oil extraction for the products that we are scheduled to produce. There is a general lack of knowledge with the public as to how the process works with Health Canada to be able to bring products to market. One has to realize that it is a legislated proces with HC. You first have to grow your product. Then you have to have it tested. Then you have to apply for a sales processing license with HC to ALLOW you to sell into the retail distribution network in Canada. Once you receive the approval (which is standard procedure) you then have to provide HC with a "New product notification" for each product the you will be selling into the market. This NPN can occur concurrently with the HC sales processing license process. So. Hopefully people can appreciate the process that needs to occur with every LP to ensure HC and the general public has assurances of the quality control that is in place for products entering the market. You cannot do one step ahead of the other. To suggest anything else otherwise is incorrect. If you read the corporate update, we have very sucessfully executed 2020 grow in the middle of a pandemic while obtaining our cultivation license late June. 3800kg is alot of dried product going to oil for our extracted products and we are very satisfied about where we are going as a debt free company. Because we have also grown some really nice bud, we also have an opportunity to take advantage of this market segment that we have had specific requests for. We have allocated a portion to serve the specific requests that have come to us that we are taking full advantage of and we are very fortunate to be in the position that we are in. I can understand that from outside looking in people may not realize all the planning and executing that is happening however we are focused as an organization to continue to make every day count moving our business forward to realize monetization as soon as possible so that the market will recognize our true value in the marketplace. Hope this helps to clarify the situation for you and anyone else that has thoughts in relation to the points you mention. Thank you kindly.
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