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Oscar09

26,848 Posts.

1309

16/08/20

22:51

Post #: 46579630
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Originally posted by offers: ↑

Hi Gary, As a brief update we are currently waiting for the German government to undertake their GMP audit on our cultivation (Greenhouses) and extraction facilities in Macedonia. This is a critical point for European Cannabis Corporation as a successful audit is the last major hurdle to get our facilities EU-GMP compliant and then I’ve been told it’s a relatively simple path to obtain the remaining required licences to commence operations to grow/ extract/ sell cannabis oil. The challenge is that with Covid-19 and the restrictions in place in Europe we have not been able to get the German auditors out to Macedonia to complete this audit. It was originally going to occur in March and was subsequently pushed back to July and now has been pushed to October. So we are currently in a holding pattern until this audit can be completed. Kind Regards, Arron

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thanks offers,

an informal update every now and again is just whats required.

hoping by the time this prelim work is sorted, this should be worth of few multiple of our entry price.

then run it for a while and build a serious business.

lets hope it's worth the enforced wait once it re lists.

all the best holders.

1PG Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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