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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by BmanStanon Aug 03, 2019 8:23am
132 Views
Post# 29991487

RE:RE:RE:Zena got license!!

RE:RE:RE:Zena got license!! If this is Langley, BC then this should be viewed as significant and I would assume it is since it says BC. Yes everyone would have anticipated this licensing eventually, however the site evidence package was only just submitted to Health Canada for Site A on July 10th. This is crazy quick turnaround and shows once again that Zena can deliver plus some on its promises. Is anyone aware of any other LPs that have gotten a license approved by HC this quickly? I know some have been waiting forever. This would add 9,900 kgs to the already 32,900 kgs of licensed annual cultivation capacity bringing the total to 42,800 kgs. Execution is key to re-building trust in the market so that we can finally start to see Zena's SP reverse the downward trend and start its climb. These past few months since the big SP drop, resulting from the PP, Management has completely changed their approach. They have been fully transparent and are delivering on every front. It is only a matter of time before this thing takes off. Bottom has to be close if it is not already in. I would venture a guess that Zena will be close to breakeven with the release of their upcoming Financials at the end of August. Crazy undervalued play here. Turn that frown upside down sotypical. 
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