Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc > I feel like

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Comment by Wallhallaon Feb 26, 2020 3:10pm

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RE:I feel like

They clearly still think Phase 2 is needed as they just announced they received a small amount of funding they expect to be used in part to fund its expansion activities.

Azt3kk wrote:
these financials are going to be impressive and the reason behind phase 2 not being completed is there is no need for an expansion on dried cannabis because of the oversupply right now They're probably focusing more on shipping costs/packaging and expanding the oil/vape sales

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