Some extra info from the website, while we await the full announcement:
LAWFUL CANNABIS
The company has entered into a Share Purchase Agreement to acquire all the issued and outstanding shares in the capital stock of Supra THC Services Inc. which holds Health Canada approved Dealer’s License.
Pursuant to the Cannabis Regulations; Supra THC is permitted to conduct Standard Processing, Analytical Testing, Research, Production, Sale and Distribution of lawful cannabis products.
We have engaged Cannabis Compliance Inc. (“CCI”) to project manage and guide us through the license conversion process from the Controlled Drugs and Substances Act to the new Cannabis Act (Canada) as well support our cultivation compliance at a new facility to be located in the town of Caledon, Ontario; in close proximity to our existing technology, manufacturing and research facility.
Pending regulatory process, the design of our new proposed cultivation facility and build-out construction, we are hopeful of being in Cultivation production by Q4, 2019.
