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Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company operates through the following segments - Consulting business and Cultivation and Sale of Medical Cannabis.


GREY:RVVQF - Post by User

Comment by cornwallison Mar 28, 2019 5:48pm
120 Views
Post# 29551009

RE:RE:RE:RE:RE:RE:RE:RE:RE:George Robinson, Live on BNN Tuesday, March 26 at 11:20am ET

RE:RE:RE:RE:RE:RE:RE:RE:RE:George Robinson, Live on BNN Tuesday, March 26 at 11:20am ET
There's a March 25 article from CBC that covers the Bonify situation. I don't remember seeing it linked to from here yet.
 
Apparently Bonify's former chief marketing officer is suing Bonify for wrongful dismissal.
 
The article also has this -
 
Asked for more details, the RCMP said late Monday afternoon it forwarded the "review/findings" to the provincial Justice department.
 
The province said the response from RCMP "requires further review ... As such, we cannot provide further comment at this time."
 
It sounds like Bonify is continuing to produce. The article has -
 
Robinson said the RCMP's decision won't affect the company, which is acting in compliance and continuing to grow cannabis as if it were still selling.
 
"It doesn't change anything about the way that we're operating in the business."
 
and -
 
In the meantime, Bonify is operating at full capacity and growing and storing new cannabis as if they have customers waiting.
 
He said they could function at this pace for as long as a year.
 
"It's not ideal when you have cash burn and no revenue coming in," Robinson said. "You've got to, you know, build up your war room with some money here to make sure that you get through this."
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