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Easton Pharmaceuticals Announces Application to Obtain a Distributorship License Towards Its Canadian Medical Marijuana Initiatives
Easton Pharmaceuticals Announces Application to Obtain a Distributorship License Towards Its Canadian Medical Marijuana Initiatives.
About this update from Easton Pharmaceuticals Inc
[{"type":"text","content":"\n \n \n Easton Pharmaceuticals Announces Application to Obtain a Distributorship License Towards Its Canadian Medical Marijuana Initiatives\n \n \nEaston Pharmaceuticals Announces Application to Obtain a Distributorship License Towards Its Canadian Medical Marijuana Initiatives\n \n TORONTO, ON--(Marketwired - Oct 4, 2013) - Easton Pharmaceuticals, Inc. (PINKSHEETS: EAPH), a specialty pharmaceutical company that designs, develops, and markets a premium array of topically-delivered therapeutic healthcare products and drugs to help treat FSAD and other conditions, today announces it is moving towards applying for an application to obtain a distributorship license towards its Canadian Medical Marijuana initiatives.\n Easton Pharmaceuticals in its quest to enter into new business segments and products, previously expressed its desire to enter into the medical marijuana industry in both the Canadian and U.S. Markets. After consultations with industry experts, advisors and potential partners in the industry who currently possess growers licenses, the Company itself and through third parties, has decided not to pursue a growers license in Canada but to move solely towards an application to obtain a distributors license which is thought to not only be easier to obtain, but involves much less bureaucracy and regulations. There have been up to 150 applications submitted in Canada from various provinces, of which only two have received approval. These were very large government owned institutions located in Provinces such as Saskatchewan under the strict control of the RCMP. Many other well qualified applications were refused by health Canada which demonstrates that the Canadian government is intent on strictly controlling the market for Medical marijuana grow-op operations and the profits associated with it. But an application for a distributorship license is thought to not only be less complicated but will allow all forms of Marijuana from growers located in other countries except the U.S. to be brought into Canada for distribution. Countries such as Uruguay, Holland and many others will be allowed to supply government approved Marijuana to legal distributors which Easton Pharmaceuticals hopes to be a part of to ultimately supply Canadians possessing valid prescriptions while the old system is phased out in March of 2014. Importing mari...