City View Green Holdings Inc. (CSE: CVGR) Receives Go-Ahead for Brantford Build-Out; Anticipates Cannabis License Approval

June 4, 2019 10:05:35
  • CVGR is on track to complete its Brantford, Ontario, facility in the coming months; the company expects to receive a license to begin producing cannabis flower and oils
  • CVGR CEO has praised new licensing regulations requiring applicants to have a fully built site
  • CVGR maintains priority in the cannabis licensing queue and is currently completing the sale and leaseback of its facility

City View Green Holdings Inc. (CSE: CVGR) anticipates receiving a license from Heath Canada enabling it to turn its Brantford, Ontario, resource into an operational cannabis grow-and-extraction facility. CVGR also hopes to close on its LOI for a purchase-leaseback transaction of the property in the near future, calling for the new landlord to finance the required build-out and capital improvements needed to obtain Health Canada licenses (http://nnw.fm/3Tefr).

In addition, CVGR recently announced that the exterior, security fencing and interior of the facility have been completed, and, over Q2 and Q3 2019, the company plans to complete construction of…

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