Gnomestar Craft Inc VDQSF

Healthcare Cannabis

Gnomestar Craft Inc. is a Canada-based craft cannabis company. The Company is engaged in the medical and recreational marijuana business. It operates in one business segment, the marijuana industry. The Company produces hand trimmed cultivars in its 12,000 square foot indoor facility in Delta, British Columbia.

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Gnomestar Craft Inc > News Release

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Comment by PumperStalkeron Jun 07, 2018 2:53pm

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Post# 28141164

RE:RE:RE:RE:RE:RE:RE:News Release

THAT is HIGHLY doubtful considering they haven't submitted their COR as of ye:

"has completed nearly all of the previously announced upgrades to the Delta, B.C., facility, and is making additional upgrades to the physical security of the facility."

I can assure your that "additional upgrades" are not because they have unlimited capital and not from the goodness of their hearts, but because they are deficient in HC requirements.

Once VP is ready to submit "Confirmation of Readines" to HC it will be required to submit information including documentation, photos, and videos of the facility presenting evidence of all physical security measures before they receive a cultivation license from Health Canada and then they will be placed in the queue along with the other applicants.

At the rate they are handing out those cultivation license's (averaging approx 1/wk) an dtaking into consideration the applicants that are ahead of this company, it could be several months before they get theirs.

THEN and only THEN will they be able to start producing two concurrent grows, having the results tested and submitting same to HC for their approval.

CURRENT Industry average right now for sales license approval is anywhere from 8-14 months.

So don't get your hopes up for a "fast track" to quickly