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MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp. is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. It also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from medical conditions. Its wholly owned subsidiaries include Montreal Medical Cannabis Inc. (Montreal Cannabis), Abba Medix Corp. (Abba), Canada House Clinics Inc. (CHC), and IsoCanMed Inc. (ICM). Montreal Medical is a licensed producer operating from a 57,000 sq ft licensed indoor growing facility in Pointe Claire, Quebec. Abba is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. CHC is operating clinics across Canada. ICM is a licensed producer in Louiseville, Quebec growing indoor cannabis in its 64,000 sq. ft. production facility.


CSE:MTLC - Post by User

Bullboard Posts
Comment by Interpolation2on Oct 07, 2017 8:26am
92 Views
Post# 26788937

RE:RE:RE:RE:RE:RE:RE:RE:licence to sell

RE:RE:RE:RE:RE:RE:RE:RE:licence to sellThe raise in August was around $260,000.  They announced major expansion plans plus need plants (obviously).  Do they need millions and millions?  Maybe not.  All depends on how much MFT etc are brining in.  Given thier updates with respect to MFT ... I expect good numebrs but remember it is just their April 30th statements coming .... hopecfully July's will be within a few weeks afterwards.  Durham Region is quickly becoming an LP hub ... MT, CHV, PharmaSensus (HydRx - APH Investee) and there are few more under construction (assumption is private ownership like PharmaSensus).   

There is a fantatistic Q&A in the current free issue of www.cannainvestormag.ca with CHV ... came out just before the license announcement and just from reading it investors got a sense good things were coming fast.  There is also coverage of Knalysis in the current issue of hydrolife (more of a B2B) but a great read regardless.


theGamble wrote: They just did a private placement in August... and last time I checked, their (long-overdue) financials haven't been released yet - though I feel we'll see something by months end.

Please indicate what evidence you have to support the claim that "they need money bad" before blatently bashing lol

https://www.marketwired.com/press-release/canada-house-wellness-group-closes-253000-convertible-debenture-unit-financing-2229952.htm

Finally - they only received their ACMPR like a month ago. If they used that as a news pump to cash in on a private placement right away I'd be concerned lol


Bullboard Posts