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ZenaTech Inc T.ZENA


Primary Symbol: ZENA

ZenaTech, Inc. is a Canada-based technology company specializing in artificial intelligence (AI) drone solutions and enterprise SaaS solutions for mission-critical business applications. Its solutions include Drone Technology Solutions and Enterprise Software Solutions. Its drone technology solutions include ZenaDrone 1000 and ZenaDrone IQ. The ZenaDrone 1000 is a drone that combines software technology and custom hardware components, catering to diverse industries. The ZenaDrone IQ series is designed for indoor hovering with autonomous inspection and monitoring capabilities. Its ZenaDrone solutions are used for agriculture, defense, and logistics applications. Its enterprise software solutions are TillerStack, SystemView, WorkAware, PsPortals, Pace +, and ZigVoice. Its Enterprise Software solutions are used by customers in government, law enforcement, health, telecom and industrial sectors for a variety of compliance, safety, field service, and records management applications.


NDAQ:ZENA - Post by User

Post by Free55domon Mar 22, 2020 1:08pm
161 Views
Post# 30835160

Health Canada Upcoming Licence Approval

Health Canada Upcoming Licence Approval

This increase in operation capacity could not come at a better time, I'd say adding approxamatly 60,000 sq ft of approved new grow area.
The company has captured more market share thru-out Canada, sales continue to increase thru-out Canada, 2.0 is rolling out. Zenabis has completed it's construction phase and is already becoming more efficient in producing low cost competitive & more superior product.

60,000 sq ft of additional grow space will also make it easier for Zenabis to re-finance it's debt.



Zenabis Langley

Zenabis Langley Part 1 and Part 2A are licensed and operational. Zenabis Langley Part 2B is substantially complete and the license amendment was submitted in December 2019. After reviewing the construction and licensing progress of Zenabis Langley, Zenabis decided to amend the Part 2B license amendment submission further to include more square footage that was originally intended for Part 2C. This includes an increase of approximately 2,500 sq. ft. of flower space and 18,000 sq. ft. of operational space which includes drying rooms and packaging rooms. Construction of Zenabis Langley Part 2C is ongoing but at a reduced pace as the Company's focus for Zenabis Langley is for the existing licensed or substantially completed space to achieve operational excellence and operate at a steady state.

A summary of construction status by phase is provided below:

Phase

Design Capacity

Description

Part 1

9,900 kg

•  Licensed and operational

Part 2A

39,400 kg

•  Licensed and operational

Part 2B

14,800 kg

•  Consists of 40,500 sq. ft. of flower room space (one flower room) and
18,000 sq. ft. of other operational spaces (includes drying rooms and
packaging rooms)

•  Substantially complete

•  License amendment submitted in December 2019

Part 2C

32,000 kg

•  Consists of 82,200 sq. ft. of flower room space (two flower rooms) and
86,300 sq. ft. of other operational spaces (includes drying rooms,
packaging rooms, mother space and vegetation space)

•  HVAC, flooring and shade screen installation is ongoing

•  Security equipment and lighting installation is substantially complete


https://web.tmxmoney.com/article.php?newsid=5346857878900548&qm_symbol=ZENA
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