November 30 MD&A worth a readThis is from the MD&A dated November 30. Was not able to copy the whole summary but it is worth your while to go to Sedar and examine the company documents. Impressive review. Still can't find much on the March meeting. What are the key discussion points and what is the vote for?
AGRAFLORA ORGANICS INTERNATIONAL INC. Management’s Discussion and Analysis (Expressed in Canadian Dollars) 4 OVERVIEW The Company was incorporated on June 24, 2004 under the laws of the Province of British Columbia. The Company trades on the Canadian Stock Exchange (the “CSE”) under the symbol “AGRA”. The Company also trades on the OTC Pink Sheets (“OTCPK”) under the symbol “AGFAF” and the Frankfurt Stock Exchange under the symbol “PU3”. The Company is a vertically integrated cannabis company equipped with a robust portfolio of licensed upstream, downstream and product formulation assets. The Company owns and operates an ACMPR licensed indoor cultivation operation in London, ON, and controls a 70% interest in Propagation Service Canada and its large-scale, 2.2 million square foot greenhouse complex in Delta, B.C. The Company’s Delta Greenhouse Complex is equipped with 2.2 million square feet of dedicated cultivation area under glass and is widely considered to be one of the most technically advanced and environmentally efficient greenhouse operations in the world. The Company is also retrofitting a 51,500- square-foot good manufacturing practice (“GMP”) edibles manufacturing facility in Winnipeg, Manitoba (the “Winnipeg Edibles Facility”). The Company has a successful record of creating shareholder value and is actively pursuing other opportunities within the cannabis industry. OVERALL PERFORMANCE During the period ended September 30, 2020, the Company completed two key acquisitions in Sanna and Farmako, and continued to work on its Delta Greenhouse and Edibles Facility. On July 14, 2020, the Company’s wholly owned subsidiary Sanna Health Corp. generated an inventory of 1,000 kg of CBD Crude Oil to ready for sale this quarter. On August 24, 2020, the Company’s Delta Facility reported that it expects to move to first harvest by early next quarter and sales are expected in the first quarter of the next fiscal year. On August 27, 2020, the Company’s Winnipeg Edibles Manufacturing facility commenced research and development trials. Further, the Company completed a non-brokered private placement on July 8, 2020, and raised gross proceeds of $870,900. Propagation Services Canada As at September 30, 2020 and the date of this MD&A, the Company controls 70% of PSC’s flagship Delta Greenhouse Complex (the “Delta Facility”). The Company’s investment in the Delta Greenhouse is widely considered to be one of the most technically advanced and environmentally-friendly greenhouse operations in the World, which boasts industry leading cultivation infrastructure including: • Fully integrated on-site natural gas-powered power plant; o Providing ample heat and electricity, while repurposing carbon dioxide emissions to benefit the