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ZenaTech Inc T.ZENA


Primary Symbol: ZENA

Technology Software - Application
ZenaTech, Inc. is a Canada-based technology company specializing in artificial intelligence (AI) drone solutions and enterprise SaaS solutions for mission-critical business applications. Its solutions include Drone Technology Solutions and Enterprise Software Solutions. Its drone technology solutions include ZenaDrone 1000 and ZenaDrone IQ. The ZenaDrone 1000 is a drone that combines software technology and custom hardware components, catering to diverse industries. The ZenaDrone IQ series is designed for indoor hovering with autonomous inspection and monitoring capabilities. Its ZenaDrone solutions are used for agriculture, defense, and logistics applications. Its enterprise software solutions are TillerStack, SystemView, WorkAware, PsPortals, Pace +, and ZigVoice. Its Enterprise Software solutions are used by customers in government, law enforcement, health, telecom and industrial sectors for a variety of compliance, safety, field service, and records management applications.


NDAQ:ZENA - Post by User

ZenaTech Inc > Prospectus Filing and Opertional News
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Comment by NoUseForBasherson Mar 19, 2019 1:33am
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Post# 29504298

RE:RE:RE:Prospectus Filing and Opertional News

RE:RE:RE:Prospectus Filing and Opertional NewsGoing to be bigger than originally planned.


vancanuck wrote: Posted this on ceo.ca, but cross-posting here. I was happy to see the detail as well, though was surprised by the cost of upgrading the Bevo greenhouses which they're stating as $150M. The initial news release (https://www.zenabis.com/sun-pharm-bevo-agro-merging) stated: 

“This transaction represents a positive growth opportunity for Bevo Agro, as Zenabis intends to invest up to $100 million to expand our greenhouse facility to provide state-of-the-art cannabis production capacity, while maintaining our existing propagation and floral business,” said Mr. Benne. “This partnership will bring new jobs and economic opportunities to the communities in which we operate, while we continue to support the local and international food and floral markets.”

I would be curious to understand why the costs have gone up 50% more than anticipated.


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