Business
GTEC Holdings Announces First Retail Cannabis Stores Scheduled to Be Operational in 2018
GTEC Holdings Announces First Retail Cannabis Stores Scheduled to Be Operational in 2018 ...
About this update from Avant Brands Inc
[{"type":"text","content":"\n\n\n\nGTEC Holdings Announces First Retail Cannabis Stores Scheduled to Be Operational in 2018\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nKELOWNA, BC, Oct. 11, 2018\n\n\n\nKELOWNA, BC, Oct. 11, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) (\"GTEC\" or the \"Company\") is pleased to provide the following updates on its retail operations.\n\n \n \n\n \nAlberta – Cannabis Cowboy 25 Locations at Full Deployment\nCannabis Cowboy has currently received 10 development permits from their respective municipalities in Alberta, which include locations in Calgary, Red Deer, and Lethbridge. Permits are subject to final Provincial and Municipal licensing. Cannabis Cowboy expects to have 11 retail locations opened and operational in Q4 2018, with an additional 14 locations to be opened in Q1 2019. Over the coming weeks, GTEC will be working closely with Cannabis Cowboy and Invictus (TSXV: GENE) (OTC: IVITF) (FRA: 8IS1) on finalizing product supply, brand launches and retail grand openings.\nSaskatchewan – Retail & E-commerce\nGTEC has completed and submitted to the Saskatchewan Liquor and Gaming Authority (SLGA) all the required documentation for a retail license. The Company is currently finalizing the following: construction of its retail storefront in Nipawin, construction of its e-commerce fulfillment warehouse in Saskatoon, and completion of its e-commerce platform. The Company anticipates both the warehouse and e-commerce platform to be operational in Q4 2018.\nManitoba Retail – 7 Locations\nGTEC had submitted a proposal to a Request For Proposal (RFP) issued by the Province of Manitoba for 7 retail locations. On September 28, 2018, GTEC was notified by the Procurement Services Branch that it had passed the initial screening and has been included to the pre-qualified list for the opportunity to enter a lottery for a cannabis retail store licence. A lottery date has not yet been determined.\nBritish Columbia Retail\nGTEC is actively pursuing retail opportunities in the Greater Vancouver...