Monday, March 15, 2021 11:51:43 AM
FIRST: Mid February you issue a NR :
'The Ein Hahoresh farm operations and construction teams recently expanded the onsite post-harvest facility ... . Subject to final Security and Ministry of Health approvals ... the Company is preparing the property for imminent production activities ... Isracann and its local consultants have scheduled the commencement of planting for EARLY MARCH ... subject to the timely receipt of final government approvals.
We now are MID MARCH
SECOND: March 3, the company signed a 'non-binding LOI outlining an importation sales agreement with a major Israeli medical cannabis company. Has any progress been made since then, considering it only was a NON-BINDING LOI?
Whatever did happen (or not) relative to these 2 news releases, it should now be time to update your shareholders.
1- Has planting started as planned and if not, what is your expectation relative to the 'receipt of final government approvals'.
2- What is the plan for the LOI signed 2 weeks ago?
3- From what we see in the news, COVID is much less of an issue in Israël. Is that still a factor in executing whatever plan you have?
Patiently,
Roger
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