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Re: howestreetbull post# 695

Tuesday, 02/02/2016 10:21:36 AM

Tuesday, February 02, 2016 10:21:36 AM

Post# of 2914
UMB.c Umbral unit's MMPR application at personnel check stage



2016-02-02 10:08 ET - News Release


Mr. Jag Bal reports

UPDDATE ON MEDICAL MARIJUANA APPLICATION

Umbral Energy Corp.'s PhyeinMed Inc.'s application 10-MM0613 under Health Canada's marijuana for medical purposes regulations is now at the personnel security checks stage.

The application provides for the possession, sale, delivery, destruction and production of dried marijuana. An option to purchase, upon an approval to complete the company's facility awaiting a prelicence inspection from Health Canada, has been completed. The proposed growing site for growing medicinal marijuana is an 11,000-square-foot building within 13 acres of land. The master security plan, architectural drawings, survey certificate and threat assessment report were completed for both the buildings; a complete site security plan for the property perimeter was submitted with the application. The average values associated with a threat assessment score can be quite high and would increase any possible criminal threats to the facility, PhyeinMed's threat assessment score was very low.

Jag Bal, president of Umbral, commented: "We are excited to be notified by our partner, Phyeinmed, that the application is progressing through the stages as set out by Health Canada, PhyeinMed has continued to work with Health Canada to complete and fulfill all of the necessary requirements prior to the security clearance phase of the application. We have renewed confidence that the application process will continue through the required stages."

We seek Safe Harbor.

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