Core One Labs Inc C.COOL

Alternate Symbol(s): CLABF

Healthcare Cannabis

Core One Labs Inc. is a Canada-based life sciences biotechnology research and development company. The Company is focused on bringing psychedelic medicines to market through the development and production of psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of delivery systems technology. Its subsidiary, Vocan Biotechnologies Inc., has developed and filed for patent protection of a proprietary psilocybin production system using engineered bacteria. It is also the holder of four provisional patents for the development of psychedelic-based pharmaceutical formulations targeting neurological and mental health disorders, under its subsidiary Akome Biotech Ltd., and three provisional patents under its other subsidiary, Awakened Biosciences Inc., for additional synthetic technologies for psilocybin and psilocin production methods. It also holds an interest in four medical clinics, which maintain a combined database of more than 275,000 patients.

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Core One Labs Inc

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Comment by Straniuson Apr 07, 2017 1:01pm

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Post# 26092534

RE:RE:RE:Can't help but laugh

I agree with you. In the October 26, 2016 LDS press release, they stated:

The Joint Venture has a target date of December 19th for completion of the facility’s improvements. Upon the completion of these improvements and prior to the fiscal year end the Joint Venture intends to have distribution and sales throughout California... The Company will have regular updates regarding the progress of the facility’s improvements.

This was released befor the passing of Prop 64 on Novmeber 7, 2017. The company realized they would not be compliant with new recrational regulatious that come into effect in 2018. They decided to slow play it and build the facily for future compliance. The truth is, they should have announced their change in plan and provided regular updates as they said they would do. This part is unfortunate.

If you want insights and updates on what is happening on the inside of LDS, follow Danny Deadlock's updates. He has a line of communicaiton to management and his most recent update published April 4 speaks to how many regulations LDS is taking into account in the buildout. It's slower than first thought, but expected to be well worth it once the crackdown comes in 2018 and LDS is one of the few left standing.

One more thing... Danny will be in the facility tomorrow morning to have a first hand look and get an update from management. He was obviously invited to come down by management. Let me ask you all this, do you think if things were not going well management would have invited him and opened the doors to write about what has been happening.....?

~S

Wisee wrote: I disagree about mismanagment. They did unfortunately state anticipated production dates, but quickly realized they better adhere to new proposed government regulations or they will be shut down.

Anyone that works with governments realizes the process is slow and frustrating.
Going off side with the government is a death wish.

Need an example... look at The Cash Store. It's no longer around.
At it's peak, it had 550 locations all across Canada.