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Cannara Biotech Inc V.LOVE

Alternate Symbol(s):  LOVFF

Consumer Defensive Household & Personal Products Cannabis
Cannara Biotech Inc. is a Canada-based vertically integrated producer of premium-grade cannabis and cannabis-derivative products for the Quebec and Canadian markets. It operates through its wholly owned subsidiaries, Cannara Biotech (Quebec) Inc. and Cannara Biotech (Valleyfield) Inc. The Company owns two mega facilities based in Quebec spanning over 1,650,000 square feet, providing the Company with 100,000 kilograms of annualized cultivation output. It operates in two segments: Cannabis operations and Real estate operations. The Cannabis operations, which encompasses the cultivation, processing and sale of dried cannabis and cannabis derivatives for the Canadian market and other cannabis services (Cannabis operations). The Real estate operations, related to the Farnham and Valleyfield building (Real estate operations). The Company’s brand portfolio includes Tribal, Nugz, and Orchid CBD. Orchid CBD is a wellness brand that provides premium CBD-dominant cannabis.


TSXV:LOVE - Post by User

Cannara Biotech Inc
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Post by ChristopheBelgon Apr 26, 2019 5:49pm
136 Views
Post# 29677279

Very Confusing!

Very Confusing!I found this Article: https://thedeepdive.ca/cannara-biotech-its-ties-to-fsd-pharma/

Anybody any input because this worries me as a shareholder...

For those of you who are not understanding this clearly, Cannara Biotech’s entire business plan is predicated on FV Pharma Quebec, an entity in which they do not control, receiving a license to cultivate and sell cannabis products at this facility. If you are curious about the success FV Pharma has seen at their other location, they anticipated receiving a license to sell cannabis in September, but as of yet have not due to their product failing to meet standards.
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