• Captiva Verde Land Corp. (PWR) announced that Solargram Farms Corporation has been approved for a Canadian Federal Health Canada sales and processing license
  • Solargram Farms is already a holder of a Canadian Federal Health Canada License to cultivate, test, harvest and sell cannabis
  • Immediately following the large outdoor Solargram harvest on October 30, 2020, Solargram, with its cannabis consultant Deloitte, submitted its sales and processing license application to Health Canada for review
  • The processing and sales licensing application is a rigorous, multi-phased acceptance process that enables Solargram to monetize selling and distributing its authorized products into provincially run, Canadian retail distribution networks
  • Captiva Verde Land Corp. is up 9.68 per cent to C$0.34 per share

Captiva Verde Land Corp. (PWR) announced that Solargram Farms Corporation has been approved for a Canadian Federal Health Canada sales and processing license.

Solargram Farms is already a holder of a Canadian Federal Health Canada License to cultivate, test, harvest and sell cannabis.

Immediately following the large outdoor Solargram harvest on October 30, 2020, Solargram, with its cannabis consultant Deloitte, submitted its sales and processing license application to Health Canada for review.

The processing and sales licensing application is a rigorous, multi-phased acceptance process that enables Solargram to monetize selling and distributing its authorized products into provincially run, Canadian retail distribution networks.

Solargram has now received its Canadian Federal Sales and Processing License, all within the early first quarter of 2021 as anticipated.

Solargram is in negotiations with several Canadian Crown Provincial wholesalers as well as with strategically selected Licensed Producers across Canada in preparation for sales production and the commencement of monetization.

In other news, Captiva Verde has been added to The Psychadelic Index. The index is the first (and currently only) index that tracks publicly-traded psychedelic companies across a variety of international stock exchanges. As the most comprehensive psychedelic index available, Captiva Verde is one of 34 companies that make up the index.

Captiva Verde Land Corp. is up 9.68 per cent to C$0.34 per share at 3:01pm EST.

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