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Posted On: 07/25/2019 4:31:22 PM
Post# of 40990
As I understand it, in Canada you need a leased space prior to being licensed... and SB said in the June 2019 SHL that a lease for 5,000 sq ft had been signed with an additional 20,000 sq ft if needed. Also, websites are usually parked while under construction.
"SIFTHOUSE
As discussed we have signed a lease for the 5000 sf place on the river in Vancouver. We have also negotiated for an additional 20,000 sf if we need within the next 24 months. In addition we have been approached by various companies who want to franchise our idea all over Canada and especially Germany. Canada is on the forefront of the CBD revolution. The amt of land is limited and we will be one of the players as we roll out CBD oils and other cbd products. This business is about to explode. CVS just announced it will sell cbd oils for health and beauty needs. As big companies get more involved the interest will grow and the demand will exceed supply. In my opinion SIFTHOUSE will be our jewel in the crown over the next couple of years."
https://www.otcmarkets.com/stock/ONCI/news/On...?id=233148
$ONCI
"SIFTHOUSE
As discussed we have signed a lease for the 5000 sf place on the river in Vancouver. We have also negotiated for an additional 20,000 sf if we need within the next 24 months. In addition we have been approached by various companies who want to franchise our idea all over Canada and especially Germany. Canada is on the forefront of the CBD revolution. The amt of land is limited and we will be one of the players as we roll out CBD oils and other cbd products. This business is about to explode. CVS just announced it will sell cbd oils for health and beauty needs. As big companies get more involved the interest will grow and the demand will exceed supply. In my opinion SIFTHOUSE will be our jewel in the crown over the next couple of years."
https://www.otcmarkets.com/stock/ONCI/news/On...?id=233148
$ONCI
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