GREY:ALGWF - Post by User
Comment by
Timbitonewbieon Mar 07, 2018 7:33am
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Post# 27673823
RE:Licence
RE:Licence
ACG has two ongoing applications for the license, Canwe and Biocannatech. Ones late stage Bio and to my understanding they are building/retrofitting the warehouse as I type. Once they have completed that they then submit pictures of the work and Health Canada then grants the license or someone comes out to inspect it and then it's granted. So by end of May we should have some pretty exciting news. Canwe is in a similar situation, ACG owns a high percentage in Canwe (believe it's 30%) so we will be very profitable once Canwe gets licensed and as there isn't a lot of heavy lifting coming from ACG FOR Canwe. Will e interesting to see if they acquire a company in Jamaica that is already growing. ACG needs only one thing *proof of a revenue stream* . We are getting closer hopefully they don't disappoint and in three months we are there.