Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc

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Comment by HH1977on Dec 19, 2018 10:29am

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Post# 29134371

RE:For Anyone who didnt listen to beleaves Conference Cal

We opened the store in Montreal in September and have started construction on our London store which is opening this week.

We are happy to say that because of those efforts, our revenue seemed to be on track to grow to approximately $1.2 million in Q3 and $2 million in Q4 this fiscal year.

So it’s a huge market down there and it’s a thirsty market, what’s going to happen right now when it comes to production in Germany is much like Health Canada did in the early days of the MNPR. They are going to limit their growing capacities to something around the 1,000 fields a year per lot. So, you are going to see a lot of demand and then shortage of supply.

The BC deal, for example, is funded by our partner and we are the operators. We were very fortunate we bought a tremendous property in London for $7 million and even with our retrofit it’s going to be significantly less than any other major greenhouse in total investment.