RE:Price action Blizzy420 wrote: This is the day we have all been waiting for. Where the downtrend is over and an uptrend will begin. We're gonna jump to 4.5, hopefully even hold 5 cents for the day. It could come back down until they start putting ink to paper on deals, but we all see the writing on the wall.
for those who were commenting about Dr Sen and team eilligently working on formulations behind closed doors, I can show you this exact quote from the management team that confirms they have been hard at work this whole time.
Sproutly's commercial launches are dependent on securing the sales license from Health Canada.
While awaiting the sales license, based on the formulation work and using intellectual property being developed in the US by Infusion Biosciences, Sproutly has been carrying out product formulation in its Scarborough facility that previously had been used primarily for cultivation.
Great quote, I have no doubt they have been hard at work while awaiting the THR licence amendment. However, the part at the end regarding cultivation at the Scarborough facility requires a bit of clarity.
Scarborough does not hold any type of cannabis licence. To my knowledge, there has been no cannabis affiliated activity at this location. The facility was purely dedicated to the production of reagents for the APP. If your quote is referring to the cultivation of the reagents that is in line with my knowledge.
If you are in the know of differentiating activities at Scarborough, pls share. Having two licenced facilities is important for investors to be aware.
This new edibles amendment will certainly open some doors. As stated in my previous posts, Co like Pepsi could be very interested in a company with a fully licenced/multi licenced facilities with an untouchable tech to bout!