Creative Edge Nutrition Inc (FITX)

[Memphis1951]

Interview with former HC 15 year employee, now consultant

James West: Okay so, are you aware of how many licenses [applications] are in progress right now, how many licenses have been rejected completely, and what roughly is the rate per week or per month that new applications are materializing at Health Canada?

Ivan Ross Vrána: Well I can’t speak on that with any authority because I’m not working there. I mean the only information I have is what has been in the government’s affidavits regarding the federal injunction, and they’re saying there are roughly, as of February, they were receiving something like 25 applicants per week. And that as of today, if you go on their website, there are 13 companies approved, but out of that I think as per their affidavit again, they had something like 27 applicants who had ‘ready to build’ letters. And that’s about as much information as I have.

James West: So a ‘ready to build’ letter is basically a first pass authorization from Health Canada that you’ve done everything okay up to this point, and so as long as what you build passes muster with us, you’re going to get your license. Is that accurate?

Ivan Ross Vrána: Yeah. You’re on a very good path if you get the ‘ready to build’ letter. They’re recognizing that you can make the investment now, right?

James West: So then is it safe to say that a ‘ready to built’ letter is a pre-requisite, is a signal that you are in a sort of ‘poll position’ to get one of the commercial growing licenses?

Ivan Ross Vrána: Yes. I think so. Yes.

http://www.midasletter.com/midas-letter-financial-radio-podcast/canadian-medical-marijuana-mmpr-consultant-ivan-vrana-interview/