RE:RE:RE:RE:RE:RE:RE:Big News Oct 15 CC:
Jeff Fallows
The GMP compliant mass manufacturing facility is the first of its kind in the cannabis space and will provide the resources to execute on a global scale and unlock margin potential. We expect to obtain EU level certification for our K2 facility in fiscal 2021.
Doug Miehm
Yes. Good morning. First question just has to do with the EU approval. What are the hurdles that you need to pass over the next little while to see that approval in 2021?
Tyler Robson
Sure, yes. So basically, what we're doing with our facility Doug, from a strategic standpoint, is we've segregated only a part of our facility for EU GMP. So the rest of it can remain nimble like our current Canadian platform, where we're generating revenue here short term. The process really is to get vendor valid validation and from a place in the EU to come in and validate your processes. So when this facility was being built, we did have two consultants to actually build it to EU GMP spec. And now what we're doing is just trying to line up that vendor verification as we ramp up on the actual equipment to GMP specifications.