1969Enigma wrote: A couple of snippets from their news and points of interest:
"Alliance holds a 50% interest in BC Maramed Production Ltd. (BCMM), which owns a leasehold interest and equipment for an 11,000 square foot production facility in Kelowna, British Columbia. BCMM has submitted an application to become a Licensed Producer of medical marijuana under Health Canadas MMPR program. Upon receipt by BCMM of an approved MMPR Production License from Health Canada, a further 12.5% interest in BCMM will be transferred to Alliance Growers.
Alliance Growers is being led through the MMPR license process by Rupert Shore with assistance from members of the Advisory board. In addition to his duties as Director and Corporate Secretary for Alliance Growers, Rupert Shore, a practicing lawyer, is a member in good standing with the Law Society of British Columbia. He has been practicing law for 26 years and has been a sole practitioner focused on commercial litigation for the past 12 years."
In conjunction with the Collaboration Agreement, Alliance is discussing cooperative partnership opportunities involving two potential licensed producers, both of whom have pending MMPR applications. Alliance continues to develop its business model to take advantage of the legalization both in Canada and the US. When it happens, we will be ready. We would like to thank our shareholders for their continued support as we work towards realizing our vision of becoming a successful global cannabis company."
A full merger with PharmaGreen including Canna Companion would uniquely position the Company in the pet products market by having the only cannabis formulation for pets that has been developed over two decades of research and development. Along with new product development, the Company will be able to sustain itself as the leader in this rapidly growing sector of the US and international pet product marketplace. "
To finance the development of the Botany Centre, the Company has engaged DGWA, the German Institute for Asset and Equity Allocation and Valuation, known and respected as one of the leading German Corporate Boutiques for global small and mid-cap consulting and investments. As reported on August 18, 2016, Alliance has applied for a listing on the Frankfurt Stock Exchange, as the beginning of a European partnership with DGWA. Commenting on the Collaboration Agreement, Dennis Petke, Alliance Growers President and CEO said, We are very pleased to be in the final stage regarding the material terms for the joint development of this one-of-a-kind facility. We believe this facility will significantly add to the value of our company, and complement our current application for licensed MMPR facilities.
Details at:
https://www.alliancegrowers.com/medical-marijuana-news/
DYODD & GLTA
jwinvest wrote: Anyone know their status?