True Leaf Medicine International Ltd. (True Leaf) applied to Health Canada for a medical marijuana production and distribution license under the ‘Marihuana for Medical Purposes Regulations’ (MMPR) which became law as of April 1, 2014. The company was an early applicant with an original submission sent in July of 2013. A ‘Ready to Build’ approval was granted for the first application in January 2014, but issues arose regarding the facility location and local zoning. In March 2014, the company secured a new location and submitted another application on April 8, 2014 that is already in the later stages of the review process. The company has impeccable quality assurance, operating and record keeping procedures and the new application approval is anticipated in the near future. Pending this approval, the company expects to be testing and producing quality marijuana within the next few years.
Upon True Leaf's medical marijuana license approval, the company will commence construction on a state-of-the-art medical marijuana production facility featuring high level security located in in Lumby, B.C., Canada.