RE:licences obtained thus farthreefiftynine wrote:
echodude is 100% correct and I don't see any bashing in his or her post. but what I do see is a lack of information along with the factual post. ------FSDPHARMA has 2 licenced thus far . #1 is the cultivation licence that a lot of other company's have a problem achieving . #2 is the standard processing licence that allows FSDPHARMA to sell to other company's on a wholesale basis which the co-founder AD has stressed is not how the top sales margins are achieved......also as follows----- TORONTO, Feb. 19, 2019 TORONTO, Feb. 19, 2019 /CNW/ - FSD Pharma Inc. ("FSDPharma" or the "Company") (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9) announced today that its wholly-owned subsidiary, FV Pharma Inc.("FV Pharma"), a licensed cannabis producer under the Cannabis Act, has received its Standard Processing License(the "Processing License"). According to Health Canada's new Cannabis Act regulations, the Processing License is required for any facility that is processing more than the equivalent of 600 kg of dried flowers per year. Dr. Raza Bokhari, Executive Co-Chairman and Interim CEO, stated, "This is a milestone for our Company and is welcome news for our Cobourg facility. Receiving the Processing License allows the Company to begin packaging cannabis for inspection by Health Canada. Effectively,this is the next step to applying for a pre-sale inspection, which we expect will be scheduled very soon. With the pre-sale inspection just around the corner, we anticipate receiving our sales license and begin generating a revenue stream
Sounds great. Its the absurd amount of shares outstanding I got issues with.