“The Company has manufacturing capacity at its production facility in Slovenia to produce commercial scale batches of ArtemiCTM as a food supplement for distribution by SPC.” (24th Nov ASX release)
I hope they are referring to something other than the original ‘Super Critical CBD extraction facility’ in Slovenia where they obtained their original Good Manufacturing Practice (GMP) certification in (around) July 2018. This facility is (was) no more than a small ‘pilot plant’ facility for extracting and refining small batches of CBD concentrate from dried cannabis green matter.
To think they can produce “commercial scale batches” of anything in this facility is pure fantasy! That is of course unless they have increased substantially to the production footprint and added significant plant manufacturing equipment and packaging machinery. If that had happened I am sure they would have taken the opportunity to use it in conjunction with a beneficial ‘pump’.
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- Ann: Production Completed of A$1M ArtemiC Order from SPC
Ann: Production Completed of A$1M ArtemiC Order from SPC, page-9
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