Business
GTEC Provides Update on Status of Sales License and Other Operational Updates
GTEC Provides Update on Status of Sales License and Other Operational Updates Cana...
About this update from Avant Brands Inc
[{"type":"text","content":"\n\n\n\nGTEC Provides Update on Status of Sales License and Other Operational Updates\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. 3, 2018\n\n\n\nKELOWNA, BC, Oct. 3, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) (\"GTEC\" or the \"Company\") is pleased to provide an update on the operations of its wholly owned subsidiaries.\n\n \n \n\n \nAlberta Craft Cannabis Inc. (\"ACC\") is a Licensed Producer under Health Canada's Access to Cannabis for Medical Purposes Regulations located in Edmonton, Alberta.  ACC operates a 14,000 sq. ft. craft cannabis cultivation facility. ACC has currently completed its initial harvests and has notified Health Canada. The Company is now awaiting Sales License inspection to be completed within the expected timeline.\nF-20 Joint Venture (\"F-20\") is a GTEC agreement with F-20 Developments Corp. to develop a premium indoor cultivation facility in Vernon, British Columbia. GTEC's operations team has completed the final design of Phase 1 construction plans. The building will be retrofitted to facilitate the cultivation of premium cannabis.  Phase 1 of this partnership is currently underway, with completion anticipated for Q2 2019. GTEC expects to complete Phase 2 designs by Q1 of 2019.\nTumbleweed Farms Corp. (\"Tumbleweed\") is a late stage ACMPR applicant based in Chase, British Columbia. Tumbleweed has completed its purpose-built exterior and is near completion of the interior construction. The Company anticipates that it will commence cultivation over the duration of the fall season. Tumbleweed has also signed a contract with the Pacific Agricultural Certification Society (\"PACS\") with an objective to be one of the first certified organic cannabis companies in Canada.\nGreenTec Bio-Pharmaceuticals Inc.  (\"GreenTec\") is a late stage ACMPR applicant based in Kelowna, British Columbia. GreenTec is currently in Phase 1 of development, building 20,000 sq. ft. of its planned 80,000 sq. ft. craft cannabis cultivation facility. GreenTec has recently completed the exterior o...