GREY:CNTTQ - Post by User
Comment by
pulverizeron Dec 20, 2019 1:45pm
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Post# 30477530
RE:RE:RE:RE:RE:WHAT IS TO COME?
RE:RE:RE:RE:RE:WHAT IS TO COME?Record keeping has everything to do with Health Canada. The level of non-compliance at both of these facilities was massive. Bonify was much simpler and it took them close to a year to get back to compliance. Using that as a barameter suggests an even longer road.
Health Canada is stretched. They are taking 90-120 days to deliver licenses promised ro be 60 days. This facility is not a top priority. It is just another file on a desk like the rest.
Review by HC will not commence until all compliance matters are in tact. And from there it remains a month long approach to validate.
Only 33% of LPs hold a sales licence. Compliant firms are having a hard time meeting the standards. A noncompliant firm will only find it just as difficult to meet the standard that was culturally ignored.
It is your money. Enjoy watching it do nothing. You are in over your head.
wizzard89 wrote: EXCEPT-- Full compliance is having their finacials in place which has NOTHING to do with HC and their licence or ability to sell. Oppps those FACTS getting int he way of a great story AGAIN.
HC has the power to re-instate the licence ANY DAY THEY WANT.
People who keep bringing their financials into this have NO CLUE on the rules of the HC licence requirments
They have also said finacials will be in BEFORE March, which means at least the TSX problem will be solved . No real reason for them to be on the NYSE