Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp > Only 7.500 per year??

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Comment by ManUnitedon Aug 08, 2019 6:40am

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Post# 30005487

RE:RE:RE:RE:RE:RE:RE:RE:Only 7.500 per year??

Hi Yowza123.

Don´t put your money on this german deal. They germans won´t wait until 2021 before getting the first shippment, they have to build up a company themselves. First INVICTUS have to finish Phase 3 - east and west wing - afterwards they can go for another cultivation licence which will take another several month before a cultivation can even be started.

By the way: The basic requirement for this deal is an existing GMP certification! Health Canada is terribly slow and even if certification should eventually be obtained, an application for an export license must first be submitted to Europe, which may take another several month. Yes, INVICTUS can generate revenues, but only very little at this time. And it´s going to take at least 12 month from now, before they can produce 600kg a month. Don´t get me wrong, I expect them to be succesfull, but not in 2019 and not in 2020, and the reason behind this delay is simple - Health Canada.

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