Potential LP Receives $100,000 Loan

Vodis Pharmaceuticals, or Vodis, is a medical cannabis company with facilities in British Columbia and Washington State. They have yet to receive official licensed producer status from Health Canada. Yesterday, the company announced it had received a $100,000 loan from an arm’s-length party. Currently, Vodis and its subsidiaries cannot have any interest whatsoever in any proceeds as a result of production, processing, or retail activities in the United States, although it can license its brand, production, and consulting services to approved Washington State license holders to ensure that all products produced are under their program.