Below is some DD I did and posted the first week of May. Since then I tried to contact AMS through their email and I even tried signing up for their employment opportunity notifications through their website but didn't get a response from either.
IMO, if you are relying solely on AMS to make BLDV big money PPS, it may be a long wait. With that said, I am and will continue to hold with everything else they have in the works. Long holder
Here is some DD that I have been working on in regards to things I have heard about BLDV in regards to
- stage 6 already completed
- licensing, stage 7, will be completed within a few weeks
- AMS building is completed or will be completed within next few weeks/ by summer
- BLDV will be importing/exporting MJ
- BLDV has a contract with Canada/Israel
- Marijuana legal in Canada by July
As part of my DD, I reached out to Health Canada and to the city of Hanover (Inspections office)to get some clarification on what each stage entails, what has been completed, what processes still need to occur, and to confirm/negate what info I have heard. While some of those that I spoke with wouldn't give me specific answers as to how it relates to BLDV and AMS I did get some good Info on the processes.
In regards to marijuana being legal in July;
July of 2018 not this July
In regards to Health Canada's position on MJ import/export;
They sent me a link to their website which at this time basically indicates that due to quality control, regulatory practices, etc, import/export would only be permitted under very limited circumstances. They indicated that this applies to MJ itself not necessarily to technologies or other corresponding processes that I believe BLDV is exploring. Obviously this may change with different laws in July 2018 but we will see..
www.hc-sc.gc.ca/dhp-mps/marihuana/info/licencedproducer-producteurautorise/import-eng.php
In regards to the stages of Health Canada licensing;
BLDV has reached Stage 6 however it has not yet been passed/approved. I was advised that Stage 6 requires not just building plans but an actual building inspection that includes interior buildout, storage vaults, security protocols, etc.. Being as the interior buildout has not yet begun on the building, obviously Stage 6 has not yet been approved as some have indicated.
In regards to the interior buildout;
While the building permit office would not give me specific information in regards to AMS's facility or what exact permits have been pulled they advised that "at this time" the only permits they could confirm were in regards to the initial structure of the building and plot/utility plans which if I am not mistaken was a couple years ago. When I inquired about how long it would take to get a facility like that to have plans approved, constructed, and inspected their opinion was minimum 7-10 months. Obviously just an opinion but I would think that would be reasonable.
Where does that leave us in regards to BLDV/AMS full licensing; (my opinion)
Based upon what I learned and researched, I would guess that AMS is still between 12-18 months away from full licensing. Hopefully in perfect timing to Canada's legalization.
In regards to "contracts" with Canada and Israel;
I think there is some confusion with some that BLDV is in contracts with Health Canada or the actual government of Israel. Maybe someone with more specific expertise can explain otherwise but based upon my DD, I have been unable to find any actual agreements with either of the governments.
Once again, this post is not to discourage or encourage but it is what I have discovered to date. I also don't mean for this to be gospel as it is only my research and what I was told by Health Canada and city of Hanover. Things can obviously change and we all may make mistakes or get bad info but I would rather make decisions, good or bad, based off true and realistic information.
Still holding my few million shares but recognizing that this is a long term deal.
Good luck. Go BLVD
AI
