Examples of Cannabis in a sentence
Except as disclosed in Schedule 5.2(14)(c), the Target Entity is and during the past 48 months has been in compliance, in all material respects, with the terms and conditions of all such Cannabis Licences.
Each Cannabis License listed in Schedule 5.2(14)(c) is currently in good standing.
The Target Entity has provided notice to Health Canada of the Transactions contemplated by this Agreement in respect of each of the Cannabis Licenses and, except as disclosed in Schedule 5.2(14)(c), has not received from Health Canada any responses to such notices that would indicate that any of the Cannabis Licences held by the Target Entity will terminate, lapse or will be required to be amended in any material respect by reason of the Transactions contemplated in this Agreement.
The individuals listed in Schedule 4.1(i)(iv)(B) hold security clearances required under the Cannabis Act and Cannabis Regulations and none of these individuals have previously had security clearances suspended, cancelled or revoked by Health Canada or have had Health Canada reject an application for security clearance.
Copies of all Cannabis Licences held by the Target Entity have been provided or made available to the Purchaser.