I believe it came down to the initial capital outlay required. The purchase for CanniFarms was CAD$100k plus the rest was via conditionally issued shares so i imagine going via our own route would have required more cash outlay. They funded from the equities side opposed to balance sheet essentially. Pro is less initial cash outlay but con is obviously we don’t have control over the HC approval process.
With the approval, I imagine there was a lot of back and forth. Sounds like they returned with a whole list requirements and you obviously wouldn’t submit to HC until all the items have been dealt with before resubmitting.
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