GREY:LXLLF - Post by User
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Evolu7ionon Sep 28, 2018 1:10pm
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Post# 28710420
Ready for takeoff
Ready for takeoffProduction license for Artiva facility should now be considered imminent given that initial phase construction is complete and COR (Confirmation of Readiness) package has been completed and submitted to Health Canada as of Sept.13. All hurdles are now completed and only matter of time. Once the production license is received this will break through $2.00 very easily as there will not be a lot of volume on the ask. And then additional catalysts will follow in the form of second phase expansion as well as actual production and immediate sales which the company reports is ready to begin as soon as the production license is received. A
lso very impressive is the fact the company reported licensing activity anticipated to happen in Q3, and that's precisely when it has happened. Sticking to reported timelines is often something that disappears, glad to see it hasn't happened here.
https://www.newswire.ca/news-releases/livewell-canada-completes-initial-phase-of-artiva-facility-for-licensing-693153351.html