Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

Add To Watchlist

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > 5 Key Takeaways from Today's News Release

View:

Post by ourrug on May 22, 2019 10:10am

5 Key Takeaways from Today's News Release

"It is anticipated that production facilities will be constructed within twenty-four months, with the capacity to produce up to 35,000 kilograms of cannabis annually. RavenQuest will own a fifty-percent equity interest in the JV."
"Cannabis Biocare will provide full funding for facility build-outs and cannabis technologies including orbital gardens and startup expenses for all facilities within the regions."
“Our due diligence process has been exhaustive and has involved conversations with several Canadian cannabis companies including five companies with market capitalizations in the billions of dollars. Ultimately, we chose to partner with one of the most scientific, innovative and fundamentally sound cannabis projects worldwide, namely RavenQuest BioMed.”
"Initial production will focus upon the Balkans/Europe with subsequent expansion into East Africa, West Africa and the Middle East."
“Mr. Gerhard Ludvigsen is a highly esteemed and much-respected business leader in the European market and around the world. We couldn’t be happier to be partnering with such a first-class individual and his impressive team. We are very excited to take our company’s disruptive technology into new markets starting with Europe. It’s notable that we are able to do so without any immediate cash outlay.”