December 9, 2015
Health Canada has notified the Company that it is in the personnel Security Clearance phase of the MMPR application process.
This is an important step in the process and permits the Company to make concrete plans for the construction of the planned facility, providing it passes the final Review stage and receives a Confirmation of Readiness for Pre License Inspection from Health Canada.
The policy of the new federal government to legalize marijuana will require extensive expansion of properly licensed production capacity to replace illicit market production. Accordingly the Company will take the following steps
1. File a second MMPR application for an identical second facility without delay.
2. Add to its present building design prototype to double the production space for a third application.
ON BEHALF OF THE BOARD Lotus Ventures Inc.
Dale McClanaghan, President and CEO
For further information contact:
Dale McClanaghan, President and CEO - (604) 644-9844
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Back to the Approval Milestone page