On4 Communications Inc (ONCI)

[AbleBody77]

From the March 2018 shareholders letter:

Quote: Everyday I'm more convinced that if you want to invest in the pot business, Canada is the place to be . As of today, we have cut our target list down to 4 potential companies. The problem always is a License. Canada is only issuing so many of these and there are more companies applying every day . Most of the companies will tell you that they have a license when in fact they have applied for one but don't actually have it yet.