RE:News!!!!! Does anyone here know much about the "license extension" mentioned in the press release, and how it would work?
The press release states
"1 Life will use RavenQuest’s 24,000 square foot facility design which will become part of a license extension from RavenQuest’s Health Canada license."
I searched quickly, but I didn't find much about these "license extensions" in general.
The press release also mentions this
"This interest can be redeemed by 1 Life at any time after it receives a license to produce under the Cannabis Act, ..."
So if 1 Life still needs a production license, maybe it's RQB's B2B (or perhaps full, by the time 1 Life is producing?) sales license that would be the one being extended?
I wonder what the process for obtaining a "license extension" is like, how long it takes, and so on.