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Monday, 05/21/2018 1:09:39 PM

Monday, May 21, 2018 1:09:39 PM

Post# of 1339
"BiocannaTech is now fully under the Alliance Growers' umbrella, advancing the Alliance business model and creating value for our shareholders. We have great confidence in obtaining this license in a timely manner due to the existing team in Quebec and because we have access to some of the top grow talent in Canada as well as the best application process team", commented Dennis Petke, President and CEO of Alliance Growers Corp. "Given the advanced stage of the BiocannaTech application and the political motivation by Quebec and the Federal Government to make sure Quebec gets its fair share of ACMPR licenses, we expect approval by as early as mid-October. Alliance is fortunate to have financing commitments that coincide with our Capex needs over the next four months and beyond. A huge bonus for Alliance, once we are granted an ACMPR license, we will be able to extend that license to other Alliance grow facilities in other provinces with an application process that takes only two or three months to complete. This acquisition is significant in that it assists Alliance in accelerating future licenses in addition to fortifying the balance sheet and feeding the income statement."

https://finance.yahoo.com/news/alliance-growers-advances-quebec-acmpr-133000572.html

$ACG (CNSX:ACG)

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!