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What news do you have on international companies approching THC....

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MrAwesome

483 Posts.

148

18/10/19

13:25

Post #: 40953006
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Originally posted by LoukyGezza: ↑

A real positive in my mind is the fact they bought that pharmaceutical plant for a low 2.5 Million ..a lucky find.

If they had to build one it would've taken over 5 years or more to do so..already they’ve been approached by some “major” foreign companies for offtake agreements, but they haven’t signed anything yet, so basically sold before production ,which means no hunting for buyers.

A GMP-certified, ready-to-go pharmaceuticals manufacturing plant for marijuana.This means it can deliver cannabis products ranging from a basic extract of the full plant to high purity APIs – active pharmaceutical ingredients — that have been scrubbed of nasties and undesirable components.

There is a big push on the Govt to make medical cannabis more accessible atm.

They are on track for the permits so hopefully everything goes well and with them having everything in place for manufacturing then i do believe this company has a good future..Fingers crossed and DYOR .

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What news do you have on international companies approching THC. This is big if true. If off take agreements are announced before Dec 31 it would give a massive boost to getting the options converted.

THC Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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