Zenabis VS MDCN
Zenabis bought an old warehouse located in northern New Brunswick, Canada> March 2014 and promised to hire 400 people to work in its medicinal marijuana plant.
So far, 1,400 people have applied to Zenabis to work for the company at this cultivation facility.
According to the Zenabis plan the plant was supposed to be operating in the fall 2014, but Zenabis still doesn't have its federal licence to produce marijuana for medical purposes.
OOOOPS! Lets spend the money first to buy the building & then get a license to grow later?
Health Canada has received 1,100 applications from would-be producers across the country. Only 22 have been approved to date.
MDCN walks away from this cluster F**K
Mr. Williams. “Unfortunately, we have faced structuring and regulatory issues that are making the consummation of this transaction, for both ourselves and our Canadian partners, challenging at this time. We will continue to monitor and explore this opportunity as we believe in its potential, but we must also now turn to address other opportunities, including in the U.S. through the creation of our new subsidiary
versace_
Wednesday, 05/13/15 05:59:44 PM
I eat pieces of sh*t like Drew Millburn for breakfast.
He's just another dumb stoner who thinks they can get rich off of the legalization of marijuana. I'll tell you right now, those are not the type of people who will be successful in the to be industry.
Date: 02/25/2015
Medican Enterprises Inc. (OTCBB:MDCN), announced today that the 67,000 square foot facility located, in Phoenix Arizona, it is acquiring has received zoning approval and is now zone compliant for the operation of legal medical marijuana businesses.
Wow> “what a great idea to get zoning approval first and then buy the building and lease it to a business entity that already has a license to grow medical marijuana. My bet is there will be Medical Marijuana in the Arizona Property before Zenabis has the Canadian Facility producing!
