Reports revenue $0 vs. $0 last year. CEO Seamus McAuley said, "During and following the fourth quarter, Bright Green achieved several critical milestones that significantly advanced our progress against our strategic plan. This includes the announcement of our intent to fully acquire Alterola Biotech – allowing us to leverage their pharmaceutical expertise as we prepare for operations – the expansion of our Scientific Advisory Board with leaders deeply experienced in developing cannabinoid and cannabinoid-like medicines, and plans to raise $500 million in capital utilizing the USCIS EB-5 Program, with initial funds already received. We now await and anticipate final registration of our federal license to be a bulk cannabis manufacturer from the U.S. Drug Enforcement Administration (DEA). Upon receiving the license to commence cultivation, Bright Green will be prepared to deliver products to be used in innovative medical treatments for patients globally. We look forward to sharing additional updates on our progress over the coming weeks and months as we execute and seek to realize our strategic vision: having Bright Green be the largest global cannabinoid pharmaceutical and medical development company."
Published first on TheFly
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