GREY:VGFCQ - Post by User
Post by
EdgeInvestmentson Aug 18, 2020 1:48pm
152 Views
Post# 31423806
US mega facility?
US mega facility?Bored and waiting for news, so I went back into the recent short form prospectus and dug up some new interesting intel.
"Secure and operationalize a facility in the United States in order to increase production and distribution of our products"
That was in their use of proceeds after the bought deal, with a budget of $3m. The new Vancouver facility budget is $1.1m (ish), so this budget is THREE times bigger. Not to mention Vancouver is crazy expensive, so the new facility they are looking for could be massive.