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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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Comment by tweezer1957on Feb 05, 2020 2:00pm
158 Views
Post# 30647155

RE:CANNARA BIOTECH'S FARNHAM FACILITY RECEIVES CULTIVATION LICE

RE:CANNARA BIOTECH'S FARNHAM FACILITY RECEIVES CULTIVATION LICE
I believe the reason the stock is down is the actual license. I may be wrong but I read the license is only for medical not consumer and the consumer license will be available in May.
If this is true the press release was misleading and the stock will be stuck in this range till May.
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