NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC
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Posted On: 05/29/2018 6:47:24 PM
NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Obtains Confirmation of Readiness from Health Canada
Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, Sunniva Medical Inc. (“SMI”), has received the Confirmation of Readiness from Health Canada for a license under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). Now that the application has been accepted, the next step will be an inspection upon site readiness to begin cultivation. SMI will be required to provide information including documentation, photos, and videos of the Sunniva Canada Campus to present evidence of all physical security measures in order to confirm readiness and receive a cultivation license from Health Canada. Additionally, SMI has received development approval from the Regional District of Okanagan-Similkameen for construction of the Sunniva Canada Campus on its recently-purchased 126-acre site in Okanagan Falls, British Columbia. “We are pleased to deliver on another key corporate milestone for the company as we have made an excellent start to 2018 with significant progress on multiple fronts, executing on our strategy, and working toward our goal of creating one of the most efficient, low-cost growing operations to serve the Canadian and California cannabis market,” Sunniva CEO Dr. Anthony Holler stated in the news release. “It is our intention to forward sell an additional 30% of our production capacity in Canada”.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, Sunniva Medical Inc. (“SMI”), has received the Confirmation of Readiness from Health Canada for a license under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). Now that the application has been accepted, the next step will be an inspection upon site readiness to begin cultivation. SMI will be required to provide information including documentation, photos, and videos of the Sunniva Canada Campus to present evidence of all physical security measures in order to confirm readiness and receive a cultivation license from Health Canada. Additionally, SMI has received development approval from the Regional District of Okanagan-Similkameen for construction of the Sunniva Canada Campus on its recently-purchased 126-acre site in Okanagan Falls, British Columbia. “We are pleased to deliver on another key corporate milestone for the company as we have made an excellent start to 2018 with significant progress on multiple fronts, executing on our strategy, and working toward our goal of creating one of the most efficient, low-cost growing operations to serve the Canadian and California cannabis market,” Sunniva CEO Dr. Anthony Holler stated in the news release. “It is our intention to forward sell an additional 30% of our production capacity in Canada”.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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