idt license approved, page-34

$3M Funds from SPP will follow next quarter as stated.


$13M company will receive as options will be converted by years end. ~$22M total.

I agree THC is not in CAN league. CAN standout as the leader.
Not sure THC need $50m- $100M to develop our plans, we have world class manufacturing facility already, I think that's overlooked by many.
Pity ODC hand out licences to companies without facilities. That's holding THC back big time.
Can you imagine CAN having their Mildura facility ready & firing to go & just wait n waiting n waiting for licence/permit for the green weed go ahead.
eg. this thread IDT received their manufacturing licence, but yet to install vital equipment & then commissioning phase so it's a slow odd scenario.

Each company has their business plan, time will tell how each eventuates.

Everybody is bullish on their own investment & often blindsided by others in the industry.

Hope we all do well with our investments.