Thelon Capital Ltd THVDF

Step seven

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It looks like step six gives the go ahead to produce.
Step seven is almost more of a quality assurance stage. You can't say we are a producer officially until the quality set forth in step seven is met but on the other hand THC is producing in some fashion to try and meet those guidlines.  But given it's taken this long why not wait until 7 is met?
Why trade now with any uncertainty?

https://www.hc-sc.gc.ca/dhp-mps/marihuana/info/application_steps-etapes_lp-pa-eng.php

Step 7: Licensing

Once it has been confirmed through the pre-licence inspection that the applicant meets all the requirements of the MMPR, a licence will be issued.

Health Canada has introduced a staged process for the issuance of licences.  Applicants will first be issued a licence to produce only.  This will enable Health Canada inspectors to confirm that the first batch of dried marijuana produced meets the good production practices and record keeping requirements outlined in the MMPR.  It also allows Health Canada to verify the test results of the dried marijuana (e.g. for microbial and chemical contaminants) to ensure that the dried marijuana meets all quality control requirements before it is made available for sale.

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Vodis Pharmaceuticals Inc. (VP) CSE Same stage as (THC). Awaiting Final Inspection. Trades at 0.32