Indigenous Communities Are Investing Big Ahead Of Cannabis Legalization 10/07/2018 https://www.huffingtonpost.ca/2018/...on_a_23553509/?utm_campaign=canada_newsletter Alberta's Fort McMurray #468 First Nation aims to build an on-reserve production plant yielding up to 15,000 kilograms per year, in partnership with cannabis company RavenQuest BioMedcan.
The Exciting Story of Ravenquest Biomed Inc (CSE: RQB) (OTCMKTS: RVVQF) By Dave Young on October 9, 2018 https://www.microcapdaily.com/the-e...uest-biomed-inc-cse-rqb-otcmkts-rvvqf/121993/ Ravenquest Biomed is involved in a number of exciting projects; company CEO George Robinson recently commented “We are based currently in Markham, Ontario and thats a 20,000 sq. foot facility and we are also located in Edmonton, Alberta where we have a 35,000 sq. foot facility. Out of these two we will get about 11,000 pounds of production which normally would take 60 to 90,000 sq feet for that. Our further buildout is our indigenous peoples work that we are doing within our four pillars and we have a facility of 250,000 sq. feet going into construction right now in Ft. McMurray and then we have another facility of ours out in Sunshine Coast of British Colombia which will be 125,000 sq feet all using the exact same technology so what we have is a real repeatable process here.”
RVVQF is back to DOMINATE the Canadian Cannabis Market! See why Barchart rates “STRONG BUY”… https://epicstockpicks.com/todays-alert/ THE BOTTOM LINE More than any Cannabis company we’ve seen so far, RVVQF truly seems the most ready to capture a sizable portion of Canada’s Cannabis Market! Full build-out of RVVQF’s facilities moves them to a projected production of 11,000 kg annually to over 50,000 kg annually. Needless to say, this may put them in league with the big boys like Canopy, Tilray, and more! RVVQF offers everything from Technology and Consulting to Production and Research. By diversifying their offerings into each of their divisions, RVVQF has brilliantly created an ecosystem poised for success. With Canada’s Legalization only 1 week away, there may be no better time for this GROUND FLOOR Situation than right now!
RavenQuest Launches Recreational Brands, Introduces Eight Unique “Experiences” for the Adult Recreational Consumer GlobeNewswire•October 15, 2018 https://globenewswire.com/news-rele...nces-for-the-Adult-Recreational-Consumer.html
RavenQuest Receives Migrated License From Health Canada Permitting B2B Sales of Cannabis November 13, 2018 06:00 ET | Source: RavenQuest BioMed Inc. VANCOUVER, British Columbia, Nov. 13, 2018 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (the “Company” or “RavenQuest”) – (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) is pleased to announce that its wholly owned subsidiary, Bloomera Inc. (“Bloomera”), has received its business to business (“B2B”) sales license from Health Canada (the “B2B Licence”). The B2B License immediately permits RavenQuest to sell dried cannabis, plants and seeds to other standard cultivators (licensed producers). The B2B License, issued under Health Canada’s Cannabis Act (“CA”) and Cannabis Regulations (“CR”), was received on November 9, 2018 and demonstrates the Company’s continued compliance with Health Canada’s regulations. Importantly, the B2B License also paves the way for RavenQuest’s full sales license, which would allow cannabis sales both medically and recreationally. https://globenewswire.com/news-rele...-Canada-Permitting-B2B-Sales-of-Cannabis.html
Ravenquest begins cannabis sales December 4, 2018 https://rqbglobal.com/ravenquest-begins-cannabis-sales/
Bonify Selects RavenQuest to Provide Management Services Dec. 21, 2018 https://globenewswire.com/news-rele...avenQuest-to-Provide-Management-Services.html https://www.ctvnews.ca/business/manitoba-seizing-pot-from-wi… Manitoba seizing pot from Winnipeg-based Bonify December 20, 2018
Very interesting interview. Ravenquest looks undervalued imo, should start to move higher soon once they receive the license to cultivate for the Edmonton faciltity. http://www.commodity-tv.net/c/mid,5428,Company_Updates/?v=298813 Video at 5:10 min: - 50-52 million revenue coming in 2019 - 71-72 million in 2020 (without expansion, just the existing) Video at 6:30 min: - industry EBITA 42-68 %; RQB is going to be at the higher end. Video at 10:10 min: - down to supplying "two more bits of information" for HC to review - these are believed to be the "last two questions" - "very close" "very imminent" to getting the license to cultivate
Interesting new investor presentation: https://rqbglobal.com/img/rqb-deck-2019.pdf In particular of interest I found slide 14 concerning the export of Ravenquests know-how. Also slides 27-28 indicate that Ravenquest valuation seem quite low compared with other operators in the cannabis sector. The stock will continue to move higher imo.
Jan 22, 2019 Cannabis Canada Daily: Pot supply shortage could last five years https://www.bnnbloomberg.ca/cannabi...pply-shortage-could-last-five-years-1.1202243 Canada’s pot shortage could last even longer than earlier predictions, with cannabis-infused edibles and other extractables set to hit the market later this year, according to one industry expert. George Robinson, chief executive officer of RavenQuest BioMed, said Canada’s cannabis supply shortage could extend to more than five years, as marijuana producers will need to grow as much as 6 million kilograms of pot annually in order to have enough of the plant’s biomass to meet domestic demand for edible and dried flower products.
Finally RQB has received the licence to cultivate at their Edmonton facility The stock should continously move up from now on forward. RavenQuest Secures Health Canada Cultivation License at Edmonton Facility April 05, 2019 17:35 ET | VANCOUVER, British Columbia, April 05, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”) a federally-licensed producer of cannabis, is pleased to announce it has secured a Health Canada License to Cultivate at the Company’s flagship Edmonton facility. The license allows RavenQuest to begin cannabis production inside the revolutionary Orbital Garden 2.0 grow technology at its ultra-modern Edmonton production facility. The Edmonton facility increases RavenQuest’s production capacity by 275%, adding 7,000 kg of annual capacity and bringing the Company’s total production capacity to approximately 11,000 kg per year. https://www.globenewswire.com/news-...Cultivation-License-at-Edmonton-Facility.html
Ravenquest Provides Update on Recent License and Production Capacity Expansion Email Print Friendly Share April 10, 2019 06:00 ET | VANCOUVER, British Columbia, April 10, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”) a federally licensed producer of cannabis, is pleased to provide an update following receipt of its cultivation license at its Edmonton facility and the capacity expansion that comes with it. Licensing of the Edmonton facility represents an inflection point for the Company, increasing its licensed annual cannabis production capacity to 11,000 kg—a 275% increase. https://www.globenewswire.com/news-...icense-and-Production-Capacity-Expansion.html
RavenQuest Completes First Cannabis Shipment to Wayland Group April 15, 2019 06:00 ET | Source: RavenQuest BioMed Inc https://www.globenewswire.com/news-...First-Cannabis-Shipment-to-Wayland-Group.html
RavenQuest Awarded its First Cannabis Sales License from Health Canada May 03, 2019 17:34 ET | Source: RavenQuest BioMed Inc. VANCOUVER, British Columbia, May 03, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”) a federally-licensed producer of cannabis, is pleased to announce it has secured a Health Canada sales license at the Company’s Markham facility, also known as “Bloomera Inc.” The license allows RavenQuest to commence sales of both medical and recreational cannabis nationwide. Importantly, the license allows RavenQuest to route production from both its Markham and Edmonton facilities through Markham, effectively allowing all RavenQuest production to be sold through the Markham sales license. “This is a major milestone for our company and is a testament to the hard work and dedication of our team,” stated George Robinson, RavenQuest CEO. “It marks the beginning of our recreational cannabis presence as we roll out our branded product line, Lore Cannabis™. RavenQuest’s brand will stand on the solid foundation of science and innovation. Our focus on the plant allows for consistent, repeatable and high-quality cannabis from our disruptive Orbital Gardens.” “We’ve been preparing for this day and have maintained an active dialogue with provincial wholesalers. This license opens the door for the next logical step of finalizing supply agreements with provincial wholesalers as well as the pursuit of European sales. Both our Edmonton and Markham facilities are built to European Good Manufacturing Practices (EU GMP) specification, and we are working vigorously toward that certification for both facilities. It’s an exciting time at RavenQuest as our company enters a new era – reaping the rewards of the research, investment and hard work of the past 18 months as we built the foundation for what is now a fully licensed and operational cannabis company,” Robinson continued. For more information, access RavenQuest’s investor presentation, fact sheet and videos here. https://www.globenewswire.com/news-...annabis-Sales-License-from-Health-Canada.html
RavenQuest BioMed Expands Into Europe GlobeNewswire•May 22, 2019 VANCOUVER, British Columbia, May 22, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT1) (the “Company” or “RavenQuest”) is pleased to announce that it has signed a Heads of Agreement (the “HoA”) with Norway's Cannabis Biocare A/S (“Cannabis Biocare”) to enter into a joint venture (“JV”) to construct cannabis production facilities using RavenQuest's Orbital Garden grow technology in certain geographic regions. It is anticipated that production facilities will be constructed within twenty-four months, with the capacity to produce up to 35,000 kilograms of cannabis annually. RavenQuest will own a fifty-percent equity interest in the JV. https://finance.yahoo.com/news/ravenquest-biomed-expands-europe-100000615.html
Bought some additional shares recently as I am still optimistic about the future business of RavenQuest. Once they have inked the JV deal for the European expansion I am very confident that we will see a continued upwards movement of the share price. RAVENQUEST PROVIDES CORPORATE UPDATE June 26, 2019 https://rqbglobal.com/ravenquest-provides-corporate-update-3/ European Expansion RavenQuest sees tremendous opportunity in Europe, and has announced a Heads of Agreement toward a Joint Venture with Norway’s Biocare, which intends to produce upwards of 35,000 kg per year, split on a 50/50 basis between RavenQuest and Biocare. Of note is that funding of the expansion is anticipated to come from Biocare, while RavenQuest brings its technology, facility design and expertise. Europe has a population of over 700 million and a growing acceptance of cannabis as both a medicine and a recreational product. RavenQuest has aggressive expansion plans in Europe with our partner, Biocare. Led by Gerhardt Ludvigsen and his team from Petronor/Hemla, our Norwegian partners completed an extensive due diligence process, which included some of the largest players in the cannabis space. Ultimately, they decided to partner with RavenQuest because our organization has placed the foundation of our business into science and innovation. Our Orbital Gardens can produce far greater quantities of cannabis on a per-square-foot basis than virtually anyone else in the space, and at greater economic efficiencies due to the substantial savings on input costs of the automated system – a system which requires only five grow-room visits per cycle. All of these benefits contribute to profitability while producing some of the most consistent, repeatable and high-quality cannabis anywhere. We are delighted to be working alongside such an esteemed group with global reach, who also see the tremendous value in RavenQuest, a company that thoroughly understands the science behind growing the cannabis plant properly and at scale. The first facility is expected to be constructed in Portugal, and the final stages of site selection are ongoing as we write this new release. We anticipate finalizing our agreement by summer 2019 and moving toward breaking ground shortly thereafter.
Below is a link to a recent interview with the CEO of RavenQuest and James West of Midas Letter https://youtu.be/2nf4dAmaBTw The following interesting items were mentioned: Certificate of Analysis (COA) for first crop in. Second crop in roughly a week. 6,000-7,000 Kilo production for end 2019. For 2020 11,000 Kilo in Canada, outside much higher. EBITDA rates of ~38-42% for 2020. 2020 Norwegian joint venture 18,000 gardens in two locations in Portugal, one South of Lisbon and the other near Porto for for a total production of 35K in 2021. 50/50 revenue split. Both Portugal buildings are existing and construction should take 6-9 months to begin production. Company is cash flow positive. 6 growth cycles minimum for orbital gardens vs 4.5 cycles for flat-table. 25-30% less per gram than lowest cost producer in the market.
Cannabis enters the 21st Century: 65% lower power costs. 90% lower nutrient costs. Drip 0 water to waste. Precision control over plant's environment. Full Automation. Machine learning (AI) for incremental crop optimization. This is RavenQuest. RavenQuest Cannabis BioMed (RQB) Orbital Gardens Growing
RavenQuest BioMed (CNSX:RQB) Profits From Sustainability and Focus on ‘Volume’ instead of ‘Area’ Alessandro Bruno | August 2, 2019 https://midasletter.com/2019/08/rav...nability-and-focus-on-volume-instead-of-area/
RavenQuest Provides Shareholder Update GlobeNewswire•August 7, 2019 https://finance.yahoo.com/news/ravenquest-provides-shareholder-100000234.html Summary After a thorough Health Canada review of our cannabis production processes, particularly with the Orbital Gardens at our Edmonton facility, it’s clear that the process is working, producing an extremely clean and safe end-product and passing compliance. This is an important and timely validation of RavenQuest’s production facilities, particularly in the wake of recent compliance violations by major industry participants. Of equal importance is the proof of concept from RavenQuest’s revolutionary Orbital Garden technology. Our Company has now successfully taken the technology from a concept, through engineering, into a built facility, then to successfully producing some of the cleanest cannabis industry wide, in under 24 months. Now that our concept has been proven, passed all lab testing and scrutiny of Health Canada, the next steps will be to rapidly scale up production at Edmonton and simultaneously move our European expansion plans forward.
