INVICTUS CLOSES SALE OF 0989561 BC LTD. DBA CANANDIA BIOCEUTICALS
24 Setembro 2019 - 10:00AM
Vancouver, BC, September 24, 2019 - INVICTUS MD STRATEGIES
CORP. ("Invictus" or the "Company") (TSXV: GENE; OTCQX: IVITF; FRA:
8IS1) the Company is pleased to announce the completion of the
previously announced sale of all of the Company’s shares of 0989561
BC Ltd. dba Canandia Bioceuticals (“Canandia”) to a company
owned by Alon Amit, Director and Chief Executive Officer of
Canandia (the “Transaction”) effective September 23,
2019. In connection with the Transaction, the Company sought
and received regulatory approval from the TSX Venture Exchange to
close the Transaction.
Further details of the Transaction can be found in the Company’s
news release dated August 30, 2019. For more information, please
visit www.invictus-md.com.
Trevor Dixon
Chief Executive Officer
Investor Relations 1-844-800-6086
E-Mail: connect@invictus-md.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Invictus
Invictus is a global cannabis company with a focus on the
Canadian cannabis space, offering a selection of products under a
wide range of cannabinoid profiles that fit the demand of the
Company’s medical clients and retail customers. The Company’s
integrated sales approach is defined by five pillars of
distribution including medical, adult-use, international, Licensed
Producer to Licensed Producer and sales to provinces.
To meet growing demand, Invictus is expanding its cultivation
footprint with three cannabis production facilities licensed under
the Cannabis Act, which replaced the Access to Cannabis for Medical
Purposes Regulations in Canada. Invictus’ wholly-owned subsidiary
Acreage Pharms Ltd.’s Phase I and Phase II facilities are in full
production and Acreage’s Phase III cultivation facility is
substantially completed. AB Laboratories Inc., a company which is a
50% owned subsidiary of Invictus continues its cultivation facility
expansion. Another of Invictus’ wholly owned subsidiaries, 2015059
Alberta Ltd. (dba Leaf Wise), continues to connect medical clients
to physicians for medical cannabis and to Invictus’ fully licensed
cannabis producers under the Cannabis Act. Future Harvest
Development Ltd., a company which is a 82.5% owned subsidiary of
Invictus, produces fertilizer and nutrients. Invictus is targeting
up to 50 percent of production to medical cannabis. Invictus drives
sustainable long-term shareholder value by continuing to develop
Invictus’ Canadian production of medical and recreational cannabis
products. For more information visit www.invictus-md.com.
Kathy Love
Invictus MD Strategies Corp.
kathy@invictus-md.com
Invictus MD Strategies (TSXV:GENE)
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