Avant Brands Inc. (AVTBF)

[BlueGreenPower]

OCS will allow private sector to be involved in storing, distributing cannabis

https://business.financialpost.com/cannabis/exclusive-ocs-will-allow-private-sector-to-be-involved-in-storing-distributing-cannabis

This might be good news for craft growers.

[BlueGreenPower]

With Big LPs failing to deliver #weedstocks investors need to refocus toward craft growers like $GTEC

With Big LPs failing to deliver #weedstocks investors need to refocus toward craft growers like $GTEC Holdings
•Premium #AAAA cannabis
•Reliable & heavily invested mgmt
•Profitable Q1 2020
•60%+ gross margin
•3 licensed facilities$WEED $ACB $HEXO $TGOD $OGI $APHA #value pic.twitter.com/3WMVSvugtf

— maricom (@maricomIR) November 14, 2019

Agree!!! Like :)

[BlueGreenPower]

FYI GTEC is now selling recreational flower in Saskatchewan at Wiid Boutique in Regina. GTEC's Cold Creek Kush & Sour Kush strains are already Top 5 sellers when sorted by popularity on Wiid's website. Great performance considering Wiid has 141 different strains to choose from.

Now they have top sellers on three different online platforms, plus the launch of provincial rec sales coming this month. GTEC flower seems to become a best seller wherever it's available. Like :) Keep up the good work GTEC :)

Always imho glta

Wiid Boutique

https://www.wiidsk.ca/shop/

[BlueGreenPower]

We are excited to launch our ultra-premium quality indoor flower into the Provincial rec supply chains in the coming weeks.

GTEC will be the first Licenced Producer to bring this highly sought-after cultivar to the Canadian Market.

We are excited to launch our ultra-premium quality indoor flower into the Provincial rec supply chains in the coming weeks.

GTEC will be the first Licenced Producer to bring this highly sought-after cultivar to the Canadian Market.$GTEC $GTEC.V pic.twitter.com/jmXPSKFqpR

— Avant Brands | TSX: AVNT (@AvantBrands) November 6, 2019

Sounds like big news on supply agreements coming soon. Like:)

[BlueGreenPower]

Grey Bruce Farms growing top shelf fire. Like:)

$GTEC Holdings $GGTTF #ValueInvesting

•19M$ in property, plant and equipment
•47M$ total assets
•11M$ insider ownership on 45M$ raised to date
•$GTEC @ 19M$ MC is one of the most #undervalued cannabis company atm$WEED $APHA $ACB $CRON $HEXO $LABS #weedstocks #potstocks pic.twitter.com/YjMtpfd9MF

— maricom (@maricomIR) November 6, 2019

[BlueGreenPower]

Grey Bruce Farms Begins 2nd Harvest This Week.

This flower looks ultra-premium to me :)

The team at Grey Bruce has done such an amazing job getting the facility off to a great start. Looking forward to our second harvest next week.

Sneak peek into today‘s Investor and Analyst Day pic.twitter.com/GMJnKTLFQ1

— Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604) October 30, 2019

[marekz]

FYI

https://www.gtec.co/gtec-reports-third-quarter-2019-results/

https://www.sedar.com/CheckCode.do

[marekz]

Awesome earnings

[marekz]

Awesome earnings

[Golden Cross]

GGTTF Daily Chart

[Golden Cross]

News Out - GTEC Strengthens Balance Sheet with $4 million Loan Repayment and Enters into Agreement to Divest of Cannabis Cowboy Shares
Email Print Friendly Share
October 08, 2019 06:00 ET | Source: GTEC Holdings Ltd.
Kelowna, BC, Oct. 08, 2019 (GLOBE NEWSWIRE) --

Cannabis Cowboy completes the sale of certain assets to Fire and Flower
GTEC has received a $4 million loan payment, which will strengthen its balance sheet
GTEC enters in an agreement to divest its 25% equity stake in Cannabis Cowboy
GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), is pleased to announce that pursuant to the sale of certain assets, as previously announced on September 4, 2019 (the “Transaction”), between Cannabis Cowboy Inc (“CCI”) and Fire & Flower Inc., a wholly owned subsidiary of Fire & Flower Holdings Corp. (“FFHC”) (TSX:FAF), that the Transaction has been completed.


Loan Repayment
Upon the closing of the Transaction, CCI has settled GTEC’s outstanding $4.06 million debt, in a cash repayment (the “Repayment”). The Repayment will strengthen GTEC’s balance sheet as the Company continues its near-term initiatives of completing the development of its two facilities currently under construction, with the expectation to increase its annual production output from its current 4,000 kg output to approximately 9,000 kg in 2020. The Repayment also reinforces GTEC’s ability to fulfill its debt obligations due in the second half of 2020.

“This transaction exemplifies our dedication to strengthening our balance sheet with a disciplined and non-dilutive approach, while realizing profits from non-core assets. This strategy demonstrates management’s commitment to be aligned with our shareholders,” said Norton Singhavon, Founder, Chairman and CEO of GTEC. “We are confident that the strengthened balance sheet will accelerate the development of our core cultivation business and accelerate our transition to profitability.”


Cannabis Cowboy Divestment
Concurrent to the Transaction, GTEC and Cannabis Cowboy had entered into a Share Purchase Agreement where CCI would repurchase all of GTEC’s interest, equal to 25% of CCI (the “Divestment”). As consideration for the Divestment, CCI will pay GTEC a sum of $1 million, payable as follows: (i) $800,000 in shares of FFHC at 10-day volume weighted average price leading to the signing of the definitive agreements related to the aforementioned Transaction; and (ii) a $200,000 Promissory Note to be re-paid in cash. The Promissory Note will have a two-year term and bear an interest rate of 8% per annum and is secured against Cannabis Cowboy’s BC assets. The shares of FFHC will be subject to a statutory 4 month and a day hold. The Divestment is expected to close on or about October 10, 2019.


Strategic Rationale
As previously announced, GTEC is divesting of non-core/non-operational assets to strengthen its balance sheet, while focusing the organization’s resources on the cultivation and extraction of premium indoor flower and its derivatives, with the mandate to establish long-term brand equity and consumer loyalty by distributing premium quality cannabis products.


About GTEC
GTEC Holdings is a specialized cannabis company dedicated to cultivating ultra-premium quality cannabis in purpose-built indoor facilities. The company is vertically integrated across all major sectors of the Canadian cannabis industry and currently holds the following licences issued by Health Canada pursuant to the Cannabis Act and Regulations: three Standard Cultivation licences, two Standard Processing licences (for adult-use sales into the Provincial & Territorial supply chains), two Medical Sales licences (for direct to medical patients), Standard Processing (for extraction), and Analytical Testing.

The management team is comprised of diverse experts from senior roles at leading global food & beverage, CPG and premium alcohol companies. GTEC has completed three cultivation facilities and is currently cultivating and selling cannabis. GTEC’s genetic portfolio is comprised of over 30 unique cultivars which is expected to deliver a sustainable competitive advantage and provide favourable gross margins. GTEC’s ultra-premium indoor flower will be marketed and sold under its flagship trademarked brands; BLK MKT™, Tenzo™, GreenTec™, Cognoscente™ and Treehugger™.

GTEC is actively pursuing sales and distribution opportunities across all major business channels: medical, recreational, B2B and export. GTEC is a publicly traded corporation, listed on the TSX Venture Exchange, OTCQB Venture Market and Frankfurt Stock Exchange. The Company is headquartered in Kelowna, British Columbia.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co


On behalf of the board,

Norton Singhavon
Founder, Chairman & CEO

Michael Blady
Co-Founder & Vice President

[BlueGreenPower]

GTEC is getting its $4M shareholder loan repaid by Cannabis Cowboy, but still retains a 25% interest in the company. Fire & Flower is purchasing 8 retail development permits from Cannabis Cowboy leaving 16 permitted locations remaining. Hopefully this deal will help GTEC get their products in Fire & Flower's retail outlets. Looks like a win win for everybody to me. imho glta

https://www.otcmarkets.com/stock/GGTTF/news

[BlueGreenPower]

GTEC got a shout out from Vivo CEO Barry Fishman on their Q2 earnings call. Classy move Barry. Like :)

"In addition to its production facility, Canna Farms also operates an online medical cannabis store, which was launched in the first quarter of this year. During the second quarter, we continued to expand our product offering with the addition of GTEC Holdings, sold under the brand GreenTec to the list of licensed holders selling product on this website."

https://seekingalpha.com/article/4288720-vivo-cannabis-inc-vvcif-ceo-barry-fishman-q2-2019-results-earnings-call-transcript?page=3

Vivo's Q2 results press release mentioned their agreements with two third-party LP's to supply 5,000 kilograms per annum. The only third-party LP's I see on Canna Farms website are GTEC & Pure Sunfarms. So that's a nice tidbit to chew over. imho glta

https://finance.yahoo.com/news/vivo-cannabis-reports-q2-2019-231200032.html

https://www.cannafarms.ca/

[BlueGreenPower]

5 of Today’s Best Performing Canadian L.P. Stocks – August 29, 2019

https://mjobserver.com/investments/5-of-todays-best-performing-canadian-l-p-stocks-august-29-2019/

GTEC #1 Like :)

[BlueGreenPower]

Canada’s recreational marijuana sales reach new high

https://mjbizdaily.com/after-slow-start-canadas-cannabis-sales-reach-new-high/

GTEC supply partner Vivo/Canna Farms is reporting earnings tomorrow. If they increase earnings hopefully GTEC is doing the same as a supplier. imho glta

[BlueGreenPower]

To me GTEC was unfairly portrayed in a recent article regarding their cash flow. This article didn't take into consideration GTEC's valuable real estate assets that could be leveraged for working capital, or the current cash flow this quarter from the new Canna Farms supply agreement.

GTEC has had 3 full months this quarter selling product to Canna Farms, and 3 full months selling product to CannMart. Their cash flow should be substantially more than what was reported in Q2. GTEC may need to report a earnings estimate for Q3 to assure investors that cash flow is increasing. This article had a unwarranted but real effect on the share price. imho glta

[BlueGreenPower]

GTEC has built a good reputation for quality flower with CannMart & Canna Farms that should help open doors to the provincial government outlets, and private retailers.

It would be nice if the Canopy Growth facility purchase included a supply agreement for GTEC products equal to or more than the selling price. Commercial lenders might be more willing to finance the deal with a supply agreement included. imho glta

[BlueGreenPower]

Premium crafter Broken Coast suffered fire damage at their Vancouver Island facility. No word yet as to the exact cause, but appears to have started in the drying room.

This is a cautionary tale for all LP's to regularly inspect their electrical systems & equipment, and understand the toxicity levels of the materials in their environment. imho glta

https://www.cowichanvalleycitizen.com/news/fire-damages-vancouver-island-medical-marijuana-facility/

Newly licensed tissue culture/cloning lab in Saskatchewan. This will be the future for LP planlet supply needs. imo

https://motherlabs.ca/facilities/

[BlueGreenPower]

GTEC has updated their management team page to include new CFO Kendra Blackford.

https://www.gtec.co/about-us/management/

Good luck with the Canopy Growth negotiations :)

[BlueGreenPower]

Canada’s first nursery license marks ‘key point’ in cannabis industry’s development

https://mjbizdaily.com/canadas-first-nursery-license-marks-key-point-in-cannabis-industrys-development/

Craft growers could free up valuable growing space by letting nurseries produce their plantlets from clones or tissue culture. Eliminating the need for mother plants taking up space onsite. imho glta

[BlueGreenPower]

Legacy to legal: Is there a legal equivalent to legacy strains consumers have known and loved?

https://www.thegrowthop.com/cannabis-culture/legacy-to-legal-is-there-a-legal-equivalent-to-legacy-strains-consumers-have-known-and-loved

[BlueGreenPower]

Thankfully with the new Health Canada licenses GTEC now has the future in their own hands. No more waiting to sign supply agreements with provincial governments, and developing their own online medical sales platform.

They can also partner with other premium craft growers to supply product for distribution under the GTEC umbrella. Providing it meets the high standards GTEC has established of course.

Lots of wholesale crafters out there looking for distribution partners. Just like GTEC has partnered with Canna Farms & CannMart. Happy to see GTEC still has the #1 & #2 most popular dried flower strains on CannMart.

GTEC finally has no constraints on their supply chain. Retail stores in BC & SK next up for licensing. Good things happening for GTEC. imho glta

Aerial view of the Canopy Growth facility under consideration.

https://www.castanet.net/news/Kelowna/261794/GTEC-chases-cultivation-site

[BlueGreenPower]

To me the Canopy Growth facility purchase delay was a smart move. Canopy probably overpaid for the facility at the height of the acquisition boom.

The GTEC F-20 facility will produce double the amount of product (8,000 kg) as the Canopy facility (4,000 kg) for $3M less to build ($10M). It would be nice to have the Canopy facility right next door, but cheaper for GTEC to build one themselves.

Now that GTEC can see profitability with their 3 licensed facilities there's no rush to buy Canopy's. Let them lower the price to current market levels and hold the paper if they really want to make a deal. imho glta

https://www.gtec.co/holdings/

“We are incredibly proud of the dedication and commitment of our subsidiaries in accomplishing the most recently issued licences,” said Norton Singhavon, GTEC Founder Chairman and CEO. “As the organization progresses in the direction of profitability, we will persevere to ensure that Tumbleweed and Grey Bruce become cash flow positive in the near future, while striving to complete the build-outs of GreenTec Bio-Pharma and 3PL.”

https://www.globenewswire.com/news-release/2019/08/19/1903636/0/en/Health-Canada-grants-Cultivation-Processing-Medical-Sales-Licences-to-GTEC-Subsidiary-Tumbleweed-Farms.html

GTEC to Acquire Canopy Growth Facility in BC for $13 Million

https://www.newcannabisventures.com/gtec-to-acquire-canopy-growth-facility-in-bc-for-13-million/

Let's Face the Facts: Marijuana Stocks Grossly Overpaid for Their Acquisitions

https://www.fool.com/investing/2019/08/20/lets-face-the-facts-marijuana-stocks-grossly-overp.aspx

[BlueGreenPower]

GTEC Provides Update on Acquisition of Canopy Growth Kelowna Cultivation Facility

http://www.globenewswire.com/news-release/2019/08/20/1904527/0/en/GTEC-Provides-Update-on-Acquisition-of-Canopy-Growth-Kelowna-Cultivation-Facility.html

With oversupply of commercial weed looming, over expanded growers will be either selling off facilities, or letting them sit idle. Buyers market coming for cannabis facilities. Good for GTEC to wait and reevaluate. imho glta

https://www.theglobeandmail.com/cannabis/article-canada-could-hit-pot-oversupply-as-early-as-2019-depending-on-edibles/

[BlueGreenPower]

Health Canada grants Cultivation, Processing & Medical Sales Licences to GTEC Subsidiary Tumbleweed Farms

https://www.globenewswire.com/news-release/2019/08/19/1903636/0/en/Health-Canada-grants-Cultivation-Processing-Medical-Sales-Licences-to-GTEC-Subsidiary-Tumbleweed-Farms.html

Now that Tumbleweed is licensed the Canopy facility is just a want not a need. Now that Canopy has too much supply to for the market they might be willing to come down on the price, or get paid off in premium product over time. Something creative to GTEC's advantage.

https://investorplace.com/2019/07/canopy-growth-stock-further-to-fall/

Hopefully GTEC will keep building the reputation of the GreenTec premium brand before introducing other brands into the mix. Consumers are brand loyal if the quality is consistent. The market doesn't need more unknown brands introduced, just higher quality single brands like GreenTec. Imho Glta

[BlueGreenPower]

GTEC Holdings Releases Q2 Results – Are Investors Overreacting?

https://capital10x.com/gtec-holdings-q2-results-investors-overreacting/

Wall Street’s latest billion-dollar pot company had a half-ton of bad weed returned as it was going public

https://www.marketwatch.com/amp/story/guid/8ADFC280-BEDF-11E9-AAAF-487D78E362EC

Had to share this experience on video because it's just that bad.

https://twitter.com/CBDmason/status/1162450017845534720

https://twitter.com/CBDmason/status/1160300261513940992

More reasons to stick with craft cultivators that care about quality. Like GTEC. imho glta

[BlueGreenPower]

Mystery Solved, Tumbleweed Farms got its license. Now GTEC has three licensed facilities, two more nearing completion, and possibly one more near completion from Canopy Growth. Tumbleweed Farms location looks like a photo from BC's tourism department. Idyllic. Now lock down that Canopy facility Norton & Kendra. Good luck GTEC :)

(2/5) The new #CannabisLicence holders are Tumbleweed Farms Corp. (BC), 314 Pure Cannabis Ltd. (AB) and POS Management Corp. (SK). #CDNCannabisReg https://t.co/XD4I8JFATt

— Health Canada and PHAC (@GovCanHealth) August 16, 2019

https://equity.guru/2019/02/01/gtec-holdings-gtec-v-builds-indoor-facility-tumbleweed-farms/

[BlueGreenPower]

IIROC Trading Halt - GTEC

https://www.newswire.ca/news-releases/iiroc-trading-halt-gtec-854667742.html

Trading halts are always exciting. Could be the Canopy Growth agreement was finalized, or even better a Canopy Growth buyout. They have been in close contact lately, and GTEC is a perfect take out target at the current share price. Exciting mystery :) imho glta

[BlueGreenPower]

GTEC Appoints Kendra Blackford as Interim CFO

https://www.globenewswire.com/news-release/2019/08/13/1901447/0/en/GTEC-Appoints-Kendra-Blackford-as-Interim-CFO.html

Good choice for continuity during the Canopy Growth transaction. Smart. imho glta

[BlueGreenPower]

Inside GTEC's cannabis cultivation facility in Alberta.
Image Credit: SUBMITTED/GTEC Holdings

https://infotel.ca/newsitem/grow-op-slated-for-vernons-former-far-west-clothing-building/it64178

Sea of Green. Nice. Like :)

[BlueGreenPower]

Hey thanks. GTEC is one of my favorites, and one of the most intriguing. It will be interesting to see how much market share the ultra-premium growers will capture, and which brands will be the leaders.

GTEC is off to a good start currently having the #1 strain in popularity on CannMart (Cold Creek Kush), and two strains in the top 10 including (Sour Kush). GTEC is one of only two outside LP's allowed to sell on Canna Farms online medical platform, along with Pure Sunfarms.

GTEC is selling product right alongside the top premium brands on the market, and establishing a reputation for quality. Couldn't ask for much more from a company this young, except profits in 2020 :) imho gl

[searching4rainbow]

Appreciate all of your posts on GTEC.

[BlueGreenPower]

Cannabis oversupply in Canada may be closer than some expect, bank warns

https://mjbizdaily.com/cannabis-oversupply-in-canada-may-be-closer-than-some-expect-bank-warns/

Looks like the big boxes may have already outgrown demand, and smart companies like Canopy are making moves to scale back future expansion to sustainable levels. Like selling GTEC their facility in Kelowna, BC.

Fortunately premium craft growers like GTEC don't need to offload huge quantities of commercial weed every quarter to someday be profitable. They can start small and grow and hire to fit their supply agreements.

GTEC has projected 18,000 kilograms (18,000,000 grams) annual output by 2020. GTEC's average price per gram was $5.85 on their last report. On my calculator that adds up to $105,300,000 annually, or $26,325,000 quarterly. GTEC's net loss was only $2.3M CDN last quarter, so future revenues should easily dwarf expenses pretty quickly in 2020.

Of course GTEC must continue to build demand for their premium brands, and secure supply agreements to offload their increasing capacity. Now that GTEC can supply directly to retailers, medical patients, wholesale (B2B), and provincial governments, future supply contracts should come much easier.

Looking forward to seeing GTEC products in all the Provinces. imho glta

https://backend.otcmarkets.com/otcapi/company/financial-report/226270/content

https://www.gtec.co/wp-content/uploads/2019/07/GTEC_Sprott_Report_072219_CanopyFacility.pdf

[BlueGreenPower]

There could come a time when Health Canada stops issuing LP licenses due to oversupply. Otherwise the floor could drop out from under the Canadian cannabis market like it has in Oregon. GTEC is smart to build small on large parcels to get their licenses approved, and then expand later. Cannabis licenses could become like liquor licenses, the value is more in the license than the property.

Once all GTEC's grow facilities are licensed they should have six standard cultivation licenses total, if you include the Canopy Growth facility just announced. I'm willing to guess there isn't another pure play craft cannabis company out there with six licensed facilities in their near future. Smart play if licenses get scarce. imho glta

New cannabis licence rules could make Canada's supply shortage even worse

https://business.financialpost.com/cannabis/new-canada-licensing-rules-may-worsen-shortage-cannabis-weekly

[BlueGreenPower]

More details on the Canopy facility purchase.

GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m

https://equity.guru/2019/07/22/gtec-holdings-gtec-c-recent-expansion-shows-theyre-work/

It would be nice if Canopy would hold the paper on this deal until all GTEC's facilities are fully operational in 2020. Then they could pay it off with cash flow.

Some think GTEC can't pull off a deal this size, but I think they can with Canopy's help. We'll know the outcome on or before Aug 15th. imho glta

https://www.newcannabisventures.com/gtec-to-acquire-canopy-growth-facility-in-bc-for-13-million/

[BlueGreenPower]

Really liking the progress GTEC has made recently. Especially the new relationship with Canopy Growth. Hopefully the relationship will expand beyond the facility purchase into reciprocal supply agreements for each others online medical platforms. It would also be nice if Canopy became a strategic investor in GTEC :)

With GTEC's new medical sales license they can now have their own online platform for direct sales to medical patients, in addition to their wholesale relationship with Canna Farms medical platform. They can also now sell directly into the Provincial Government supply chains. These developments open up a whole new world of supply options for GTEC. imho glta

New article on GTEC's recent developments.

GTEC Holdings Aims to Stand Out in the Premium Cannabis Space

https://smallcappower.com/analyst-articles/gtec-holdings-canadian-cannabis-stock/

Fresh GTEC product just released by Canna Farms.

https://twitter.com/i/web/status/1156979680282648577

GTEC Subsidiary Granted Processing and Medical Sales Licences by Health Canada

https://www.globenewswire.com/news-release/2019/07/29/1892862/0/en/GTEC-Subsidiary-Granted-Processing-and-Medical-Sales-Licences-by-Health-Canada.html

GTEC to Acquire Canopy Growth Facility in BC for $13 Million

https://www.newcannabisventures.com/gtec-to-acquire-canopy-growth-facility-in-bc-for-13-million/

Health Canada Grants Cultivation License to Grey Bruce Farms, Doubling GTEC's Production Capacity

https://www.globenewswire.com/news-release/2019/07/08/1879476/0/en/Health-Canada-Grants-Cultivation-License-to-Grey-Bruce-Farms-Doubling-GTEC-s-Production-Capacity.html

Good job GTEC. Bring on the supply agreement PR's :)

[BlueGreenPower]

The Allure of Craft Cannabis to Investors

https://www.visualcapitalist.com/the-investor-appeal-in-craft-cannabis/

[BlueGreenPower]

The market is showing no love to ultra-premium growers unless they have major capacity expansion plans like Flowr Corp. The only way GTEC can affordably keep up is to grow outdoors. 48North just announced a supply agreement with Ontario for outdoor grown dried flower. GTEC needs a plan to increase capacity if they want to get noticed by investors. If not the slow steady decline could continue. imho glta

[BlueGreenPower]

Feel sorry for GTEC and other small cap growers waiting on Health Canada licenses. Even after licensing Canadian growers can't advertise to build their brand like they can in the US.

Plus the strict packaging requirements add costs that US growers don't have. Health Canada needs to change these rules before cannabis companies start moving operations to the US, or giving up completely. imho

Did Canada Blow Its Chance To Be The World Cannabis Leader?

https://finance.yahoo.com/news/did-canada-blow-chance-world-181029555.html

[BlueGreenPower]

GTEC Appoints Former CEO of Shoppers Drug Mart and Former Chairman of ALDO to Board of Directors

https://finance.yahoo.com/news/gtec-appoints-former-ceo-shoppers-123000367.html

Great hire for GTEC as they prepare for retail store expansion. Maybe even open the door to placing GTEC products in Shoppers Drug Mart's across Canada. GTEC landed a big fish. Good job GTEC. glta

[BlueGreenPower]

Like GTEC's partnership with Valens for extraction. Looking forward to seeing GTEC's ultra-premium vape fluid, shatter, wax, dabs, hash, and edibles on their own e-commerce website come October.

GTEC is smart to let extraction experts process their flower rather than incurring the major expenses associated with extraction lab construction. Valens will also be extracting for Canopy, Tilray, Organigram, Hexo, and other smart growers. GTEC is in good company. imho glta

Valens GroWorks Has an Edge in Organic Cannabis Oil Extraction

https://smallcappower.com/analyst-articles/valens-groworks-cannabis-extraction-stocks/

[BlueGreenPower]

GTEC Holdings Is Positioned To Capitalize On The Rapidly Maturing Canadian Adult Use Market

https://technical420.com/cannabis-article/gtec-holdings-is-positioned-to-capitalize-on-the-rapidly-maturing-canadian-adult-use-market/#

[BlueGreenPower]

Initiating Coverage on GTEC with a Buy Rating and 1 Yr Target of
$2.00/sh

https://gtec.co/corporate/reports/GTEC_Sprott_Report_052119.pdf

[BlueGreenPower]

Low float & substantial insider ownership. Like.

https://backend.otcmarkets.com/otcapi/company/financial-report/221932/content

[BlueGreenPower]

GTEC has plenty of acreage to do this if the land suited for outdoor grow. imho glta

Outdoor Cannabis Cultivation Has Arrived in Canada

http://thedeepdive.ca/outdoor-cannabis-cultivation-has-arrived-in-canada/

[BlueGreenPower]

Big under the radar GTEC news. It was reported today that Alberta is ending its moratorium on cannabis retail stores. GTEC has a 25% interest in Alberta based retailer Cannabis Cowboy. The AGLC had processed 24 Cannabis Cowboy storefront applications before the moratorium took effect.

The Cannabis Cowboy website reports 20 stores are set to open across the province. GTEC will be the preferred supplier for all Cannabis Cowboy retail stores. Hopefully since their license applications were already processed they will get final approval soon. Good things happening for GTEC. imho glta

AGLC lifts moratorium on new retail cannabis licences

https://globalnews.ca/news/5334340/alberta-retail-cannabis-licences-ban-lifted/

Cannabis Cowboy Website

https://cannabiscowboy.ca/pages/visit

[BlueGreenPower]

GTEC got a shout out from Canna Farms in Vivo's earning report press release. Like the free promotion. Wonder if Vivo wants another ultra-premium craft grower in its portfolio. Already sells GTEC product. Better fit than Invictus. imho glta

https://www.newcannabisventures.com/vivo-cannabis-reports-q1-revenue-of-5-1-million/

[BlueGreenPower]

GTEC supply partner Vivo/Canna Farms reports net selling price for premium cannabis dry flower products was $7.70 per gram (top-tier in the industry), up from $7.51 in Q4 2018. GTEC targeting the same ultra-premium market. Like :)

https://seekingalpha.com/pr/17528122-vivo-cannabis-reports-q1-2019-financial-results

[BlueGreenPower]

Once Tumbleweed Farms gets its license it will be able to grow outdoors subject to Health Canada's approval of the site. The indoor facility will take up just a fraction of Tumbleweed Farms 22 acres. The same Health Canada rules would apply for all GTEC's locations once licensed.

If GTEC can develop hardy ultra-premium cannabis strains to grow outdoors, and they have good organic soil on the property, they could produce a huge amount of ultra-premium cannabis for dried flower & extract sales. Big opportunity for craft growers with licenses sitting on large tracts of land like GTEC.

It will be interesting to see if GTEC takes this approach in the future. Sounds good to me. imho glta

Cannabis can be grown outdoors for pennies on the dollar. So why is hardly anyone doing it?

https://business.financialpost.com/cannabis/cannabis-can-be-grown-outdoors-for-pennies-on-the-dollar-so-why-is-hardly-anyone-doing-it

[BlueGreenPower]

News-GTEC retail store ready to open in Nipawin. They have already hired two staff members, and just need SLGA approval to open. Another retail store owner anticipates approval in the coming weeks. Hopefully GTEC's store is approved at the same time or sooner.

Saskatchewan allows private cannabis retailers, once authorized, to sell online province wide. Once open GTEC can sell it's ultra-premium flower at retail prices directly to the consumer, without a middleman taking a cut. Online sales are a great way for craft growers to gain market share with higher margins. imho glta

Pot purgatory: Why 4 ready-to-open Sask. cannabis stores are in a holding pattern

https://www.cbc.ca/news/canada/saskatoon/cannabis-saskatchewan-holding-pattern-1.5145688