Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Core One Labs Inc C.COOL

Alternate Symbol(s):  CLABF

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.


CSE:COOL - Post by User

Bullboard Posts
Post by Straniuson Jul 26, 2017 3:52pm
121 Views
Post# 26512983

Ordinance 573 - Medical Cannabis Distribution/Transportation

Ordinance 573 - Medical Cannabis Distribution/TransportationTo answer some earlier questions:

  • Does anyone have any information on how MJ is currently distributed in California? Yes, you need a Distribution/Transportation license and these are controlled and awarded by the municipality (City of Adelanto in the case of LDS)
  • Are there any advertised distributors offering services or is it much more discreet for very obvious legal and security reasons? Probably, I have not looked. The licenses are quite coveted.
  • I imagine that as they move to legalization in there is likely a more formal state regulated process for transportation and distribution...licenses. Yup.
  • Would be interesting if this transport license info is posted on the state website or somehow available or is it still very discreet to protect very valuable cargo? See below.

The various licenses under MCRSA can be found in my earlier post here.
 
On June 28, 2017, the City Council approved the First Reading of Ordinance 573. Ordinance 573 is essentially an amendment to section 17.80.100 of the Adelanto Municipal Code (AMC) pertaining to regulation of medical cannabis distribution and transportation (think moving large amounts of cannabis and cannabis products between cultivators / manufacturers and dispensaries).

Additional details on Ordinance 573 below:

https://investorshub.advfn.com/uimage/uploads/2017/7/26/hoqtx2017-07-26_Ord_573.jpeg


User image

On July 12, 2017, the City Council approved the Second Reading of Ordinance 573 which is the date of final passage. As in Section 9 of Ordinance 572, Ordinance 573 has a Section 10 with a similar clause.


User image[ch2017-07-26_Ord_573_Sec10.jpeg

It states that this Ordinance will go into effect 30 days after its final passage (30 days after July 12). This means that in about 17 days, the City of Adelanto will be granting medical cannabis distribution and transportation licenses to applicants that meet the criteria (defined in the Ordinance).

I'm no rocket scientist but if LDS is acting in the best interest of shareholders they will bypass Azonic and apply to secure one of those coveted 
medical cannabis distribution and transportation permits/licenses.
 
~S
Bullboard Posts