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MYM Nutraceuticals Inc MYMMF

Healthcare Drug Manufacturers - Major
MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

MYM Nutraceuticals Inc
Bullboard Posts
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(3)
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Comment by WeeblesWobbleon Apr 10, 2019 3:56pm
105 Views
Post# 29609091

RE:RE:RE:WeedMD secured loan with BMO

RE:RE:RE:WeedMD secured loan with BMOYes, I would so stipulate because I understand/recognize that a licence for Weedon could be issued on a more timely basis as physical security requirements and growing/production/sales procedures and documentation approved by HC with respect to Laval will be replicated in Weedon facility.  In other words, Laval licence will prove MYM's ability to meet HC requirements.

IMO, balance of Alumina financing will be used to complete Laval facility and get production up and running.  Institutional lenders (like TD) will come on board to finance completion of Weedon construction as the institutional lenders will have confirmation of MYM's ability to get licences from HC.  No institutional lender is going to advance $1 without MYM being able to "walk the walk" of getting licences from HC.
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