![](https://investorshub.advfn.com/uicon/718277.png?cb=1571665667)
Friday, January 24, 2020 12:05:43 PM
I don't know if I mentioned, Dragonfly, Stil's distillate partner in Romania(Origin plant) that Stil is servicing out of the Polish plant (Nexus) till Origin gets last EPA approval... is taking Private Placement for readying listing itself. About 50 million so far in placements >< @ .87? per. So Dragonfly expects CBD markets to expand.
I watched a FSA(Food service Agency- U.K.) about the 21st of this month and they are still differing to E.U. decisions/apply to the E.U. for approvals in food additives. Dragonfly, Mile High, Charlottesweb.. all the big players have been going through two different manners via two different activist approaches. One E.U. approval but in a short manner of approval(>< 4 months versus the standard 1.4 years like as if in a drug application) and also trying method '2', trying to convince U.K. regulators concentrated CBDs are NOT... 'novel'. I highly suspect a number of those said 'big players' have made submissions (4 month example(has to do with a reg#4) and I suspect the involved activist groups are attempting to get a scheme where a company can >< duplicate another's product constituent ingredients already approved but adding to a different 'food'. So to say there should little difference between a candy bar or bowl of oatmeal if same CBDs are in each.
Long story short, these 'big players' each are moving up their expectations for a given... if unsaid.. reason.
I'm still waiting on a news release also, Jason told me they would be working on one about a week ago. I garnished from other investors whom have shared that NEXUS was working a second shift last month to bring NEXUS to all those qualifications mentioned in the Dec. 12th news- good thing.
So Dragonfly has plenty of bucks to buy product with(the founders are very well off from previous businesses), the industry expects expansion, Origin needs one last approval, Jason told me the one shift operation at NEXUS is running smoothly...
I think as long as one or other of the Stil plants is producing 15+ >< in sales YOY from about this point/quarter the company should be good to go as to working on the Horizon plant buildout.
I remember when I was working Jason's schedule of 100 hours a week.. did it for about 6 years running, just about ruined my health:)))) He's getting things done but has another year of those 100 hour weeks ahead of him!
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM