Excuse my ignorance but is MMJ operating in Canada at the moment and actually generating turnover?
"MMJ Officially Notifies Health Canada of Duncan Facility’s Readiness, Requests Immediate Date for Pre-Licensing Inspection" I would say they are ready to operate but given no date to start or guarantee of Health Canada approval. One issue in my view is MMJ expectation that Approval will occur in this current qtr and if Health Canada has time and incentive to visit in this time frame. Approval should rerate company as will delays!
Qtrly report did mention revenue "Pharmaceutical Processing Division: A significant milestone was passed in the September quarter with Satipharm generating MMJ’s first revenues through sales of its CBD Capsules. The Capsules are being marketed to consumers via the newly launched direct sales platform
www.Satipharm.com and to potential wholesale clients by a small, specialised sales team. The online direct sales platform was launched late August with a significant digital marketing campaign planned for early September. Management were encouraged by the initial high level of interest in the website and Capsules."
