This is a very reassuring announcement, I think the market needs to know they have reduced expenditure and the main projects are on track.
I don't know how many people we employ, you'd think that a reduction of 12 people would be a very high percentage of the work force. Also very good to see Adam has taken a 66% reduction in salary and is also deferring the remaining salary. What is also important is we have no debt, with a skeleton staff our expenses should come right down to see these terrible time through.
I believe our Cannifarms partners are paying those expenses until the deal is formalised with the HC license.