I wouldn't concern myself with the currency exchange. It means absolutely nothing.
What matters is the higher this gets bought up now the worse the profit margin will be upon licensing...if it ever gets licensed.
I happen to know that Supreme has a terrible reputation with Health Canada all due to the hype they were spewing when they moved into this sector.
I've been told by a Health Canada employee as well as some experts in the matter that their attitude toward getting an MMPR last year will come back to haunt them.
SPRWF learned real fast not to take advantage of mmj hype. But the damage was done.
Unfortunately health Canada is the boss here. Rejection for the B.C site has spewed over into the Ontario site. The truth is Supreme has nothing more than any other applicant that has their facility built. Except the sq footage.
Too bad. I visited the site in Kincardine this week. Looks great. Hope it's not all for nothing. But it's looking that way.
Green Relief had their inspection 2 days ago. Why would Green Relief, a company that came out of nowhere, get an inspection before supreme?
Green relief had an inspection 1 month after completion of their facility. And they were a much younger applicant.
That says it all.
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