RE:Hindenburg report RED FLAGSOnce again... Before you read the article below.. I thought I would let you know the population in Italy. 60.6 million January 18, 2018 07:37 ET Nuuvera Acquires One of Seven Italian Cannabis Licenses Becomes first Canadian company to hold license to import cannabis GENOA, ITALY--(Marketwired - Jan. 18, 2018) - Nuuvera Inc. ("Nuuvera") (TSX VENTURE:NUU), announced today that it has acquired one of only seven licensees to import medical cannabis to Italy, and sell medical cannabis wholesale to pharmacies in Italy. The license was acquired through the purchase of 100% of the issued and outstanding shares in the Genoa based FL-Group, making Nuuvera the first Canadian cannabis company to hold a license to serve the Italian market. This announcement follows the recent decision by the Italian National Health System to reimburse medical cannabis prescription costs, and ongoing legislative initiatives to make medical cannabis widely accessible to patients in Italy. Lorne Abony, CEO of Nuuvera, said that Nuuvera is honoured to be the first international cannabis company to be licensed to serve Italian customers. "We are extremely proud to be the first Canadian cannabis company to be licensed in Italy," said Abony. "There are very few licensees because of the rigorous licensing system in Italy, and Nuuvera is prepared to meet the high Italian standards and serve the growing Italian market." Dr. Alessandro Pastorino, co-founder and CEO of FL-Group, said that Nuuvera's commitment to high standards sets the stage for an ideal partnership. "We have been approached by many companies wishing to acquire us, but Nuuvera stood out because of their rigorous commitment to safe, healthy and efficacious cannabis products," said Dr. Pastorino. "I am delighted to lead FL-Group going forward as we expand within the burgeoning Italian market." With its partnership with FL-Group secured, Nuuvera intends to import cannabis flower, and introduce its branded cannabis oil to the Italian market. "Italy has made decisive and prudent modifications to the market to ensure its citizens have reliable access to medical cannabis products as demand increases," said Antonio Costanzo, Head of International Development with Nuuvera. "We look forward to working with Italian authorities to meet their rigorous standards and ensure patients have reliable access to the high-quality products they require."
knapsack wrote: Wow the only press report I see tonight is the release of Hindenburg report on NUUVF deal. This whole buyout to me since the beginning made no sense. I understand what I have been told about being able to sell global. But I dont see the track record for anything on this deal. At first it seemed like it was a 800 million dollar deal. This price floored me and a company I had not heard of.
I hate this whole mess. I have really trusted Aphria.
In all reality a cannabis company can be built pretty quick with 100 million. The price has changed more times than the number of fingers I have.
Somebodys going to jail