GREY:IVITF - Post by User
Comment by
ManUnitedon Aug 07, 2019 5:12am
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Post# 30000390
RE:RE:RE:RE:RE:RE:RE:Only 7.500 per year??
RE:RE:RE:RE:RE:RE:RE:Only 7.500 per year??Dear fmab011, if it comes to an acquisition in 2020, I'm convinced that we would all benefit from this deal. I am also completely unconcerned about a possible purchase price. INVICTUS already has a lot to offer. What counts in this still young industry is production and time. As far as production is concerned, capacity will increase step by step until the beginning of 2020, and when I talk about time, I mean the endless negotiations with Health Canada that affect all market participants.
So, a potential buyer would have existing production (whether 8, 12 or 15 tons a year does not really matter), and most of all, lots of existing licenses and supply agreements. In addition, a few licenses could be issued later this year. Especially the extraction license is very important, as cannabis oil brings a much higher profit.
I just wrote an email to INVICTUS to ask if and when this application was made. I'm very curious if anyone answers from the company.