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Monday, August 08, 2016 1:55:06 PM
OMB
The company, in consultation with its legal strategists and attorneys have made the decision to file a discontinuance of the Ontario Municipal Board Appeal. The company will continue on with its suit against Health Canada in Ontario Superior Court. It is likely the Town of Lakeshore will be added as a party to the suit.
This decision was made because a license issued in a program deemed unconstitutional appears to hold no intrinsic value. In light of prospective nationwide legalization, the company believes it is the best use of resources and in the best interest of shareholders to pursue the best legal avenue for the company, this being the Ontario Superior court suit.
JR
The company, in consultation with its legal strategists and attorneys, have made the decision to file a discontinuance of the Judicial review and continue on with its suit against Health Canada in Ontario Superior Court.
This decision was made because a license issued in a program deemed unconstitutional appears to hold no intrinsic value. Although the continuance of the Judicial Review would allow Bahige (Bill) Chaaban, the President & CEO of CEN Biotech Inc. the ability to fight the libel to his name, it is in the best interest of shareholders to pursue the best legal avenue for the company, this being the Ontario Superior court suit.
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