MTL Cannabis Corp C.MTLC

Alternate Symbol(s): MTLNF

Cannabis

MTL Cannabis Corp. is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. It also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from medical conditions. Its wholly owned subsidiaries include Montreal Medical Cannabis Inc. (Montreal Cannabis), Abba Medix Corp. (Abba), Canada House Clinics Inc. (CHC), and IsoCanMed Inc. (ICM). Montreal Medical is a licensed producer operating from a 57,000 sq ft licensed indoor growing facility in Pointe Claire, Quebec. Abba is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. CHC is operating clinics across Canada. ICM is a licensed producer in Louiseville, Quebec growing indoor cannabis in its 64,000 sq. ft. production facility.

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MTL Cannabis Corp

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Comment by SenorLegumeon Nov 05, 2018 2:55pm

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Post# 28926008

RE:Farm gate retail stores for LPs

Sweet mother of god, this location is on the highway to higher stock prices! :p

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April 1st LP store sales:

On September 26, 2018, the government of Ontario announced that licensed producers under the Cannabis Act will be permitted to open a retail sale location at a production facility, and that it may limit the ownership interests licensed producers may hold in other Ontario cannabis retail businesses (the "Retail Announcement"). Regulations on this matter are expected to be released by the Ontario government in the next few weeks, with the government indicating that the Ontario retail model will be implemented on April 1, 2019.

https://www.newswire.ca/news-releases/indiva-announces-plans-to-open-a-cannabis-retail-outlet-at-its-london-facility-and-provides-update-on-previously-announced-plans-to-open-cannabis-retail-outlets-across-ontario-699627151.html

The announcement from September quoted below and linked.

Finance Minister Vic Fedeli and Attorney-General Caroline Mulroney said on Wednesday during a joint news conference that there will be an unlimited number of stores that can sell recreational cannabis in Ontario, but that they will drastically limit licensed growers to just one store each at an Ontario production site. The proposed legislation, which will be introduced on Thursday, also leaves the door open for the province to restrict how many licences a single entity could hold, but no number has been set.

https://www.theglobeandmail.com/cannabis/article-ontario-government-unveils-proposed-rules-for-recreational-cannabis/