RE:Romania no License issued LolI'm so sick of all this mindless bashing so let's try some facts, not hard to find:
The first line of last weeks press release actually answers every single question you just posted:
"Vancouver, British Columbia – (PR Newswire) – Monday July 22, 2019) – Stillcanna Inc. (CSE:STIL, OTC:SCNNF, FRANKFURT:A2PEWA) ("STIL" or the "Company") is pleased to announce that it has reached the final stages of the licensing process for its ORIGIN extraction facility in Romania. The project is a Joint Venture with its U.K. based partner Dragonfly Biosciences."
https://stillcanna.com/stillcanna-j-v-extraction-facility-in-romania-awaits-final-approvals/ So let me break that down for you...
License - When you build a manufacturing facility to produce just about anything you need approvals and licensing - STIL Romania is in the final stages of this, just like every other extraction company in this space. I'm betting they'll be fully approved soon and you'll see the press release when they do. From the looks of that facility the very second they receive their final permit they'll be pumping out isolate.
Crop - The Romanian facility is a JV with Dragonfly Biosciences and essentially all of the 2019 capacity of that Romanian facility is already taken up by them (who grow hemp in next door Bulgaria). See page 12 of the investor presentation, it breaks it down pretty clear.
And even then they have 1500 Hectares in Poland getting harvested this year. Supply is not the issue, it'll be the capacity of the extraction facilities that'll be the bottleneck, which is why they are building two more in Poland.
Early days but the future looks bright!
glta