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THC 3rd license, page-8

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Levorg

43 Posts.

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04/12/17

16:59

Post #: 29357534
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Originally posted by Tonyyigu ↑

"The two licences that matter are firstly, the one on October 30th when you received the medicinal cannabis licence from The Office of Drug Control that authorised the cultivation and growth of the cannabis plants in Australia. Then that allows you to go ahead and start building the farm I suppose, is that right?

That’s correct. The third licence that we need before we can actually start cropping and producing medicinal cannabis is the production licence. That’s the third leg of that licence story. We have two out of three. The other companies that have a much higher market cap than ourselves have the three and are beginning pilot production. We did lodge both the growing and the manufacturing licence at the same time. We believe that we should be hearing in short term about the manufacturing licence."

https://www.thcl.com.au/wp-content/...Alan-Kohler-Interview-20-Nov-Transcript-1.pdf

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Hopefully another positive announcement real soon as can't resist topping up at the current prices - especially the Options Hold on its going to be a great ride continued.

THC Price at posting: 77.0¢ Sentiment: Buy Disclosure: Held
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