CANADIAN GREENFIELD TECHNOLOGIES CORP. SUBMITS APPLICATION FOR CBD PRODUCTION
Canadian Greenfield Technologies Corp. has developed and implemented a technology for production of a fiber-derivative from industrial hemp with concentrated CBD (cannabidiol), which we intend to use as feedstock to produce pure CBD for various innovative products.
Today, we have completed and submitted to Health Canada the application for becoming a Licensed Producer of Cannabis for Medical Purposes with the intent of becoming a Licensed CBD Producer.
This extensive application is a strategic major step for us; it has taken several man-months of professional work to prepare, covering every aspect of the intended business line, ranging from engineering to operating to regulatory to commercial. The application review process by Health Canada is expected to take 6-12 months.