RavenQuest Announces Formal Agreement With Western Agripharma Limited
VANCOUVER, British Columbia, Nov. 10, 2017 (GLOBE NEWSWIRE) — RavenQuest BioMed Inc. (the “Company” or “RavenQuest”) – (CSE:RQB) is pleased to announce it has entered into an agreement with Western Agripharma Limited to provide management and consultancy services relating to:
- Cannabis Licensing Application Development
- Geotechnical, Engineering and Architecture of licensed Cannabis production facility
- Design and construction of flagship facility estimated at 125,000 square feet
- Implementation of RavenQuest’s proprietary growing, drying and automation technology in the new facility
While less than 3% of applicants nationwide have ultimately become licensed to legally produce Cannabis, our organization brings an impressive track record in guiding our clients through the complex licensing process. We have a 100% success rate in bringing clients from the pre-license inspection letter stage through the intricate construction phase and ultimately to licensed producer status.
George Robinson, CEO of RavenQuest
As industry participants become increasingly aware of the challenges inherent in the application process, we expect our organization to emerge as the trusted provider of end-to-end Cannabis solutions across Canada. We appreciate Western Agripharma Limited as the first of many partners of RQB’s Management Services division. We expect to make several more similar announcements over the next 60 days.
Commenting on the agreement, Western Agripharma President & CEO, Kevin Smith, stated “this decision comes after an extensive due diligence process. Only after meeting with the foremost consultants throughout the country did we choose to move forward with RavenQuest. We feel there is currently no other consulting agency in the space with as strong and comprehensive an offering. We have tremendous confidence in RavenQuest’s industry-leading expertise related to the licensing and production process, and hope to employ their proprietary growing, drying and automation technology, enabling us to produce a superior Cannabis end-product with low cost and minimal environmental footprint. We are looking forward to a long-term partnership as our two companies continue to grow.”
About RavenQuest Biomed Inc.
RavenQuest Biomed Inc. is a diversified publicly traded cannabis company with divisions focused upon cannabis production, management services & consulting and specialized research & development.
For further details on the Company readers are referred to the Company’s web site (www.rqbglobal.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
