Vertically integrated cannabis company Sunniva’s (CSE: SNN)
(OTCQX: SNNVF) wholly-owned subsidiary, Sunniva Medical Inc. (“SMI”), received
a Confirmation of Readiness (“COR”) notification from Health Canada recently.
Attaining the COR is a key step toward SMI receiving a license to produce. A
recent article discussing the company reads: “The COR received by Sunniva
Medical Inc. (SMI) was issued under new rules instituted in May 2017 by Health
Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR),
which removed the necessity for a physical inspection of grow facilities prior
to the issuance of a cultivation license. The new regime allows an applicant
for a producer license to prove ‘their facility’s readiness in the form of
data, photos, video, attestations from experts, etc.’, which, after review, can
lead to the issue of a cultivation license. Designed to streamline the application
process, the amended regulations do not remove the requirement for physical
inspections entirely, but appear to place them on a scheduled timetable rather
than before approval.”
To view the full article, visit http://ibn.fm/pnkG1
About Sunniva Inc.
Sunniva, through its subsidiaries, is a vertically
integrated cannabis company operating in the world’s two largest cannabis
markets – Canada and California – where we are committed to delivering safe,
high-quality products and services at scale. Our vision is to become the lowest
cost, highest quality cannabis producer in the markets we serve by building
large scale purpose-built current Good Manufacturing Practice (“cGMP”) designed
greenhouses, offering better quality assurance with cannabis products free from
pesticides, providing better patient and doctor access to cannabis education
and sourcing better therapeutic delivery devices. Sunniva’s management and
board of directors have a proven track record for creating significant
shareholder value both in the healthcare and biotech industries. For more
information, visit the company’s website at www.Sunniva.com.
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