GREY:ALGWF - Post by User
Comment by
MattLaffon May 30, 2018 9:07am
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Post# 28098030
RE:licence<
RE:licence<Stop praying for the licence each time there’s a news!
From 3 may 2018 news: Given the advanced stage of the BiocannaTech application and the political motivation by Quebec and the Federal Government to make sure Quebec gets its fair share of ACMPR licenses, we expect approval by as early as mid-October. Alliance is fortunate to have financing commitments that coincide with our Capex needs over the next four months and beyond. A huge bonus for Alliance, once we are granted an ACMPR license, we will be able to extend that license to other Alliance grow facilities in other provinces with an application process that takes only two or three months to complete. This acquisition is significant in that it assists Alliance in accelerating future licenses in addition to fortifying the balance sheet and feeding the income statement."
Spyder vapes is a great news, they will have access to an established branding and points of sell