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Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company operates through the following segments - Consulting business and Cultivation and Sale of Medical Cannabis.


GREY:RVVQF - Post by User

Post by Dopemanon Feb 20, 2019 10:49am
156 Views
Post# 29388030

transcript from Q and Q

transcript from Q and QI arrived a minute late, but this is what was answered while I was in the chat room:


Thomas -Thanks for hosting this session, George.
chris dueckGiven the short term licensing of the Edmonton facility, when would your first crop be ready for sale? t+x months?
George RobinsonChris - 2 weeks to pop the seeds then 8 weeks for the first crop.
chris dueckfast
George RobinsonChris - Very fast.
chris dueckDo you feel dialogue with Health Canada in regards to these licenses progressing?
John ViglottiGeorge, Thank you for introducing RavenQuest today!
George RobinsonJohn - Thank you
Thomas -At what point in time would a lack of an Edmonton cultivation license start affecting RavenQuest's ability to meet its 2019 commitment to Wayland?
Jason LudkeGreat presentation!
George RobinsonChris - Last week we chatted twice on all files including Bonify, Edmonton and Markham. Very good dialogue
George RobinsonThanks Jason
Brian KerrVery good presentation George. Is Port Mellon still in the picture ?
Brian Camenzindis it continuous dialogue then? Do they give you have ideas what the delay is?
Brian Camenzindany*
George RobinsonThomas - If we cant start cultivation by the end of March we would have to relook at the revenue numbers.
George RobinsonBrian - About every two days we connect with Health Canada. There is no delay the licencing team is very overwhelmed.
George RobinsonBrian - Port Melon is still in LOI although we are waiting for some final documentation from them to move forward.
Thomas -Okay, thanks. Also in Edmonton, there's the downtown retail shop that was mentioned last summer. What's the current status of this project?
George RobinsonThomas - Edmonton retail is still in play. As you might be aware Alberta Gaming and Liquor Commission is not providing any new licences while the current supply issues are in place in Alberta.
chris dueckOnce revenues are consistent from Markham and Edmonton, what would be the priority for expansion? Expanding those current facilities? Port Mellon? Potential Bonify deal?
George RobinsonChris - Expansion is important to us. I think a balanced approach between Europe and proper asset development in Canada will drive our decisions.
Brian KerrThanks George. Is the first sale to Wayland in March still on tract?
George RobinsonBrian,
George RobinsonSales will start this month for Wayland.
chris dueckWould Europe be focused on licensing out the RQB model, or direct building of new RQB owned facilities?
Matthee BarchatdWhat yearly revenue should we expect to see from the markman facility ?
George RobinsonChris - We would be looking at Europe from a JV model. Although theJV model would use our technologies, experience and talents.
George RobinsonMatthee - This year we should see close to $8m to 10m.
Brian KerrWith the JV model would the partner be arranging all the financing ?
Thomas -Does Bill Robinson still work with RavenQuest? If not, are you able to disclose why not?
George RobinsonThanks Everyone. Reach out to Mathieu McDonald @ info@rqbglobal.com
Brian CamenzindGeorge, how much cash does RQB currently have in reserve?
George RobinsonBye Bye
Thomas -Thanks for your time, George. I hope there are future sessions like this.
 


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