GTEC Holdings Ltd. (GTEC)

[ernie44]

Bloomberg chat --claims politicians getting into Canibus stock

[junkHustler]

GTEC Holdings Announces OTCQB Listing and DTC Eligibility

KELOWNA, BC, Dec. 12, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) ("GTEC" or the "Company"), a specialized and vertically integrated premium cannabis company, is pleased to announce that its common shares have been approved for up-listing of trading onto the OTCQB Venture Market ("OTCQB Venture"), a US trading platform that is operated by the OTC Markets Group in New York. Effective immediately, the Company will commence trading on the OTCQB under the symbol "GGTTF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "GTEC". In addition, the Company is pleased to announce that it has received DTC eligibility by The Depository Trust Company ("DTC") for electronic settlement and transfer of its common shares in the United States.

GTEC Holdings Ltd. (CNW Group/GreenTec Holdings)
The OTCQB is the premier marketplace for entrepreneurial and development stage US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. The ability to have the Company's shares electronically transferred between brokerages in the US is significantly more convenient and reduces the costs incurred in trading shares. When shares are able to trade electronically, existing investors benefit from greater liquidity and execution speeds, while opening the door to new investors that may have been previously restricted from the Company's shares.

The DTC is a subsidiary of the Depository Trust & Clearing Corporation ("DTCC"), and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers reducing transactional costs for participating brokerage firms, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

About GTEC
GTEC Holdings is a specialized craft cannabis company dedicated to cultivating premium quality cannabis in purpose-built indoor facilities. The company is vertically integrated across all major sectors of the Canadian cannabis industry and holds Cultivation, Extraction and Analytical testing licenses. The management team is comprised of a diverse skill set sourced from leading global food & beverage and premium alcohol companies. GTEC's retail division is pursuing licensing for over 35 recreational cannabis stores across Western Canada. GTEC's premium indoor cannabis will be marketed and sold under its flagship trademarked brands; BLK MKT TM; Tenzo TM, GreenTec TM, cognoscente TM, FN TM, and Treehugger TM. The Company is actively pursuing sales and distribution opportunities across all major business channels: medical, recreational, B2B and export. GTEC is a publicly traded corporation, listed on the TSX Venture Exchange and the OTCQB Venture Market. The Company is headquartered in Kelowna, British Columbia.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co.

TSX Venture – Symbol: GTEC
OTCQB Venture – Symbol: GGTTF

[ernie44]

THNX For the reply
in my way of thinking its like selling brass to buy tin

ie; .68 vs .95

[junkHustler]

GTEC Holdings Announces Strategic Merger with Invictus Forming Western Canada's Largest Indoor Vertically Integrated Cannabis Company

KELOWNA, BC, Nov. 16, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) ("GTEC" or the "Company") is pleased to announce that it has entered into a non-binding Letter of Intent (the "Agreement") with Invictus MD Strategies (TSXV:GENE; OTC:IVITF; FRA:8IS1) ("Invictus") for the acquisition by Invictus of all of the issued and outstanding shares in the capital of GTEC in an all-share transaction valued at approximately $100 million (the "Transaction"), forming Western Canada's largest indoor vertically integrated cannabis company.

Under the terms of the proposed Transaction, holders of GTEC common shares will receive approximately 40% of the issued and outstanding shares of Invictus post closing. Concurrently with the closing of the Transaction, the holders of options and warrants in the capital of GTEC will receive a proportionate number of options and warrants of Invictus.

Assuming completion of the Transaction, the issuance of Invictus shares to the current GTEC shareholders represents an approximate 25% premium to the 30-day volume weighted average trading price of the common shares of both GTEC and Invictus on the TSX Venture Exchange ("TSXV") as of November 15, 2018.

The combined entities would provide a robust vertically integrated cannabis company, focused on producing premium flower and a complementary product portfolio, and cultivated in purpose-built indoor facilities complemented with superior genetics. The Transaction would produce the following assets:

~ 400,000 square feet of funded purpose-built indoor cultivation which spans across British Columbia, Alberta and Ontario;
~ a robust and diverse range of products and brands, complemented with a genetic portfolio of over 80 strains;
~ an EU-GMP certified facility to meet the rigorous requirements of the European Union markets;
~ 30+ retail stores located across British Columbia, Alberta and Saskatchewan;
~ an e-commerce website to service the non-medical market in Saskatchewan;
~ two purpose-built state of the art extraction labs;
~ an analytical testing lab; and
~ a combined senior management team with pedigree from some of the world's largest food & beverage, wine & spirits and tobacco companies, including Phillip Morris International, Diageo Plc and Saputo Inc.

For the six months ended July 31, 2018, Invictus generated unaudited revenue and net loss before income tax, depreciation and amortization of $1.8 million and $9.3 million, respectively. Invictus had $10.7 million in cash as at July 31, 2018. For the nine months ended August 31, 2018, GTEC had no revenue and unaudited net loss before income tax, depreciation and amortization of $7.2 million. GTEC had $4.4 million in cash as at August 31, 2018.

As we now see the cannabis industry shift into non-medical use in Canada, and further medical markets expanding globally, this merger is synergistic and complementary. Combined, we offer a much stronger team with aligned visions on executing a pathway to become a global leader within the cannabis industry
said Norton Singhavon, Chairman and CEO of GTEC.

"We have been pleased with the continued execution of the team and business strategy at GTEC", said George E. Kveton, CEO of Invictus.

The dedication to producing a premium product medical and adult-use recreational portfolio for the industry has always been our relentless pursuit. This merger allows for both companies to leverage the combined core competencies to further execute our vision to be at the forefront of the Canadian cannabis industry and beyond
The Transaction will require approval by at least 66 2/3% of the votes cast by shareholders of GTEC at a special meeting of the shareholders of GTEC. It is anticipated that the Directors, Officers and insiders of GTEC and Invictus will enter into support agreements pursuant to which they will agree to vote their shares in favour of the Transaction.

The Transaction will be effected by way of a plan of arrangement completed under the Business Corporations Act(British Columbia). The Transaction remains subject to board approval of both parties, shareholder approval, regulatory approval from the TSXV and court approval, as applicable. The Agreement remains subject to approval of the board of Invictus.

Subject to TSXV approval, Invictus will advance an amount equal to $500,000 of a non-revolving unsecured convertible loan at an interest rate of prime plus 8% (the "Convertible Debenture"). The Convertible Debenture is part of an up to $6,000,000 loan facility provided by Invictus to GTEC as previously disclosed on August 30, 2018, October 19, 2018 and October 23, 2018.

Further information regarding the Transaction will be included in the information circular that GTEC will prepare, file and mail in due course to its shareholders in connection with the special meeting to be held to consider the Transaction. This document will be filed on the SEDAR profile of GTEC at www.sedar.com. It is anticipated that GTEC and/or Invictus will hire financial advisors in connection with the Transaction. The appointment of such advisors will be disclosed at such time.

None of the securities to be issued pursuant to the Transaction have been or will be registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws, and any securities issued in the Transaction are anticipated to be issued in reliance upon the exemption from such registration requirements provided by Section 3(a)(10) of the US Securities Act and applicable exemptions under state securities laws. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

About Invictus
Invictus is a global cannabis company offering a selection of products under a wide range of brands. Our integrated sales approach is defined by five pillars of distribution including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores.

Invictus has partnered with business leaders to convey our corporate vision, including KISS music legend and business mogul Gene Simmons as our Chief Evangelist Officer. To meet growing demand, Invictus is expanding its cultivation footprint, with two cannabis production facilities licensed under the Cannabis Act and Cannabis Regulations in Canada and a third awaiting approval. To accommodate international sales, Invictus' wholly-owned subsidiary, Acreage Pharms Ltd. ("Acreage Pharms"), has designed and is currently building its Phase 3 purpose-built cultivation facility to be European Union Good Manufacturing Practices ("EU-GMP") compliant. The Company is targeting up to 50 per cent of production to medical cannabis. To ensure consistency in quality and supply, Invictus maintains all aspects of the growing process through its subsidiary, Future Harvest Development Ltd., a high-quality Fertilizer and Nutrients manufacturer. Invictus drives sustainable long-term shareholder value through a diversified product portfolio with over 69 Health Canada approved strains and a multifaceted distribution strategy including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores. For more information visit www.invictus-md.com.

About GTEC
GTEC is an emerging vertically integrated, diversified cannabis company founded in 2017. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce Farms Inc., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd., and Spectre Labs Inc.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co

On behalf of the board,
Norton Singhavon
Founder, Chairman & CEO
778-760-8288
[e-mail]

Michael Blady
Co-Founder & Vice President
604-720-3474
[e-mail]

[junkHustler]

FYI.

https://www.google.com/amp/s/www.thegrowthop.com/cannabis-business/cannabis-investing/strategic-merger-between-gtec-and-invictus-produces-100-million-all-share-transaction/amp

GLTA & JMO

[ernie44]

the co. wants to buy cannibus genetics-- but likely will be their shares on the plate

I think its going lower till Feb 2019

[junkHustler]

Im holding.

Insiders bought 100K shares on the open market yesterday.

Pot stocks are taking a beating but are poised to bounce. Also expecting these guys to close their merger with Invictus and then get eaten up by HEXO.

GLTA & JMO

[ernie44]

AM i THE ONLY ONE FOLLOWING THIS SMOKE OUT

oNLY 1 COMPLAINT ? And who is we 'said'

[ernie44]

what's this about a director resigning----so they got discouraged ----its not easy to get on as a director---more like in politics--bailing over gambling debts


ha ha wipe-out

[ernie44]

stock holding firm in the mid-80's.....soon as there is a news item about sales or expansion--it will move

the word will get out

[junkHustler]

GTEC Holdings Receives Updated License from Health Canada Permitting B2B Cannabis Sales

KELOWNA, BC, Nov. 9, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) ("GTEC" or the "Company") is pleased to announce that its wholly owned subsidiary, Alberta Craft Cannabis Inc ("ACC") received its updated license on November 8th, 2018 in accordance with Health Canada's Cannabis Act and Cannabis Regulations, which had previously been issued under the Access to Cannabis for Medical Purposes Regulations ("ACMPR").

Effective immediately, Alberta Craft Cannabis is authorized to sell cannabis in accordance with subsection 11(5) of the Cannabis Regulations, which include the following activities:

The sale and distribution of dried cannabis, fresh cannabis, cannabis plants and cannabis plant seeds to any of the following license holders: micro-cultivation, standard cultivation, processing, analytical testing, research, or cannabis drug license;
The sale and distribution of cannabis plants and cannabis plant seeds to a holder of a license for a nursery;
The sale and distribution of cannabis plants and cannabis plant seeds, that are cannabis products to: a holder of a license for sale, or a person authorized to sell cannabis under a provincial Act by reason of subsection 69(1) of the Act; and
The sale and delivery of cannabis plants and cannabis plant seeds, that are cannabis products, to the purchaser of the products at the request of: a person authorized to sell cannabis under a provincial Act by reason of subsection 69(1) of the Act, or a holder of a license for sale.
Since its debut on the TSX Venture Exchange on June 22, 2018, the Company has entered into strategic partnerships with the following Licensed Producers:

Invictus MD Strategies (TSXV: GENE) (OTCQX: IVITF)
https://www.gtec.co/gtec-agreement-with-invictus-cannabis-retail-expansion/
Namaste Technologies (TSXV: N) (OTCQB: NXTTF)
https://www.gtec.co/gtec-announces-supply-agreement-with-namaste-technologies-cannmart/
Valens Groworks (CSE: VGW) (OTC: MYMSF)
https://www.gtec.co/gtec-signs-cannabis-extraction-agreement-with-valens/
The updated license will allow GTEC to immediately engage in business to business (B2B) sales to its strategic partners and/or other qualified license holders under the Cannabis Act and Cannabis Regulations.

"We are extremely pleased with Health Canada's new licensing system under the Cannabis Act and Regulations. These updates allow for GTEC to immediately supply its current inventory into the medical and provincial markets through its strategic partners," said Norton Singhavon, Chairman & CEO of GTEC. "Upon completion of our initial B2B sale, we look forward to transitioning into a revenue generating company."

On October 3rd, 2018, the Company previously announced that Alberta Craft Cannabis had notified Health Canada that it was ready for a Sales License inspection. The Company would like to reiterate to shareholders that it is still awaiting this Health Canada Sales License inspection, and that currently, the Company is not authorized to sell dried cannabis directly to qualified medical patients.

For more information on activities authorized under Cannabis Regulations, please go to:
https://laws-lois.justice.gc.ca/eng/regulations/SOR-2018-144/page-3.html#h-9

For more information on activities authorized under Cannabis Act, please go to:
https://laws-lois.justice.gc.ca/eng/acts/C-24.5/page-9.html#h-18

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce Farms Inc., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd., and Spectre Labs Inc.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co

[junkHustler]

GTEC Announces Multiple Retail Store Initiative in Vancouver BC

KELOWNA, BC, Nov. 7, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) ("GTEC" or the "Company") is pleased to announce that it has entered into a binding letter agreement (the "First Agreement") with a private British Columbia corporation ("AssetCo") to purchase the business assets of AssetCo (the "Acquisition"), which primarily consist of two cannabis dispensaries located in Vancouver, BC. AssetCo has ceased all operations and is currently in the process of converting the locations from municipally licensed medical cannabis retail stores, into Provincially licensed private non-medical cannabis retail stores.

GreenTec Holdings (CNW Group/GreenTec Holdings)

The Acquisition is subject to the following:

(i) the completion of due diligence by GTEC.

(ii) the successful assignment of municipal development permits for a cannabis retail store at each of the two locations.

(iii) the receipt of non-medical cannabis retail store licenses from the British Columbia Liquor and Cannabis Regulation Branch (the "LCRB").

Under the terms of the First Agreement, all the business assets of the AssetCo will be purchased by GreenTec Retail Ventures Inc., a wholly owned subsidiary of GTEC, for a total purchase price of CAD $5.5 million. The purchase price will be comprised of $1.5 million cash and $4 million by way of issuance of GTEC common shares at a 10-day volume weighted average price ("VWAP").

Additionally, GTEC has entered into a binding letter agreement (the "Second Agreement") with a society created pursuant to the laws of British Columbia ("SocietyCo") to purchase all the assets of SocietyCo, which consist primarily of one medical cannabis dispensary, and a medical cannabis consulting clinic, both of which are located in Vancouver, BC. SocietyCo has ceased all operations and is currently in the process of converting the location from a municipally licensed medical cannabis retail store into a Provincially licensed private non-medical cannabis retail store.

Pursuant to the Second Agreement, GTEC has agreed to issue such number of common shares (the "Milestone Shares") in the authorized capital of GTEC to the vendors of SocietyCo (calculated at a 10-day VWAP) in accordance with the following milestones:

$500,000 upon the entering into, or the assignment of, the lease for the cannabis dispensary;
$500,000 upon the transfer to GTEC of the municipal development permit for a cannabis retail store;
$500,000 upon the receipt of a license in the name of GTEC from the LCRB to operate a retail cannabis store; and
$500,000 upon the municipality granting the business licence suitable for a non-medical retail cannabis store in the name of GTEC.
The common shares issued pursuant to both binding letter agreements are subject to a four month and a day hold period from the date of issuance, in accordance with applicable Canadian securities laws.

"As GTEC evolves into a revenue generating company, the addition of these locations will complement our initiative to achieve market share, brand awareness and consumer loyalty within the premium segment of the market," said Norton Singhavon, Chairman & CEO of GTEC. "Upon successful Provincial licensing and completion of these acquisitions, this will place our retail footprint across all three Western Provinces- BC, Alberta and Saskatchewan, with an estimated 12 locations operational in 2018 and 30+ locations to be operational in Q1 of 2019."

Both acquisitions are subject to approval from the TSX Venture Exchange and are arm's length transactions which are expected to constitute Expedited Acquisitions pursuant to TSXV Policy 5.3 – Acquisitions and Disposition of Non-Cash Assets.

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Grey Bruce Farms Incorporated, Zenalytic Laboratories Ltd., Alberta Craft Cannabis Inc. and Tumbleweed Farms Corp.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co.

[ernie44]

seeds are needed for more plants---or can they be propogated from cuttings

all i want is one seed

[junkHustler]

GTEC Signs Cannabis Extraction Agreement with Valens

KELOWNA, BC, Nov. 5, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTC:GGTTF) ("GTEC") is pleased to announce that it has entered into a cannabis extraction services agreement (the "Agreement") with Valens GroWorks Corp. (CSE: VGW) ("Valens").

Under the Agreement, GTEC will ship bulk quantities of dried cannabis to Valens for conversion into cannabis oil and value-added products. Valens will process the cannabis on a fee-for-service basis into crude, distillate or other cannabis oil derivatives.

"In mature cannabis markets, derivative products such as vape pens, edibles and infused beverages account for over half of all products sold at the consumer level. Over the coming years, we anticipate that the Canadian market will evolve to reflect a similar product mix," said Norton Singhavon, Chairman & CEO of GTEC Holdings. "This partnership provides GTEC with the ability to utilize Valens' IP, technology and expertise to immediately develop value added products as it builds out Spectre Labs. We are excited to commence this partnership, given our respective core competencies and the geographic proximity to our facilities, we view this as a well-suited and synergistic relationship."

"We are excited to announce another material agreement to support a great Canadian and local Okanagan industry peer in bringing high quality, cannabis derivatives to the market. This Agreement shows the start of a shift where companies are beginning to understand the demand and supply shortage for oils and Valens' strategic position in that shift. We have been working diligently to ramp up our processing capacity to 156,000 kg per year by December of 2018 to support new Agreements such as this," says Tyler Robson, CEO of Valens.

About Valens GroWorks
Valens GroWorks Corp. is a research-driven, vertically integrated provider of Canadian cannabis company focused on downstream secondary extraction methodology, distillation and cannabinoid isolation and purification, with three wholly-owned subsidiaries located in and around Kelowna, BC. Subsidiary Valens Agritech ("VAL") holds a license to cultivate and produce oil as a Licensed Producer ("LP") under the ACMPR, and a Dealer's License under Health Canada. VAL also has a supply agreement with Canopy Growth Corporation under their extensive CraftGrow distribution network. Subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant Based Science. Subsidiary Valens Farms is in the process of becoming a purpose-built facility in compliance with European Union (EU) Good Manufacturing Practices (GMP) standards, ensuring the product from this facility can be exported anywhere in the world where Cannabis is nationally legal for medical or adult usage purposes. For more information, please visit http://valensgroworks.com. The Company's investor deck can be found specifically at http://valensgroworks.com/investors/

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce Farms Inc., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd., and Spectre Labs Inc.

[ernie44]

resistance at .85... still no news


tousands need to 3nlist

[junkHustler]

GTEC Holdings Finalizes Agreement with F-20 to Develop 194,000 sq. ft. Indoor Cultivation Facility

KELOWNA, BC, Oct. 25, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) ("GTEC" or the "Company") is pleased to announce that it has entered into a Definitive Agreement with F-20 Developments Corp. ("F-20") (the "Agreement") pursuant to the terms of the previously announced binding letter of intent dated July 10, 2018.

GreenTec Holdings (CNW Group/GreenTec Holdings)

In connection with the transaction, the Parties have established a joint venture company 3PL Ventures Inc. ("3PL"), where pursuant to the shareholders' agreement, F-20 shall own 51% of the issued and outstanding Common Shares on a fully diluted basis, whereas GTEC shall own 49% of 3PL.

GTEC, through a wholly owned operational subsidiary will apply for, and transfer to 3PL, such licenses to allow 3PL to become a Health Canada Licensed Producer (the "Production Facility"). 3PL will also make an application for a Dealer's License under the Narcotics Control Act or such other license to enable 3PL to import and export cannabis and cannabis products to and from Canada. Upon GTEC successfully completing a License Transfer Agreement, F-20 shall be obligated to sell to GTEC an additional 1% of 3PL.

"Canada's cannabis supply shortage has been caused by an uptick in demand that can be attributed to legalization last week. The shortages experienced in Provinces across Canada create an opportunity for GTEC and our partners," said Norton Singhavon, Chairman and CEO of GTEC. "With this joint venture, GTEC will be operating over 120,000 sq ft. of cultivation space once construction is completed. Initial feedback from consumers and Provincial supply chains is validating the demand for premium craft cannabis in Canada and internationally – a demand that this increased capacity will allow us to serve."

On July 11th, 2018 the Parties had announced the Production Facility would have an initial phase operation size of 60,000 sq. ft. with a second phase of 180,000 sq. ft, totaling a completed operation size of 240,000 sq. ft. Upon completion of the final architectural designs, the Parties have determined the Production Facility would allow for a 134,000 sq. ft. second phase without applying for a variance. For an aggregate operation size of roughly 194,000 sq. ft. Subject to 3PL pursuing a variance, and furthermore, the respective municipality approving the application, the Company remains confident in a 180,000 sq. ft. second phase, maintaining an aggregate size of 240,000 sq. ft.

In consideration of F-20 entering into the Shareholders' Agreement, and the services to be provided by F-20 pursuant to the terms therein, GTEC has agreed to issue such number of Common Shares (the "Consideration Shares") in the authorized capital of GTEC to F-20 (calculated at a 10-day Volume Weighted Average Trading Price) in accordance with the following milestones:

such number of Consideration Shares with an aggregate GTEC Share Value of $1,250,000.00 upon the full execution of legally binding agreements;

such number of Consideration Shares with an aggregate GTEC Share Value of $416,666.67 upon the issuance of a building permit by the respective Municipality in respect to the improvements to the Production Facility, in accordance with the requisite building plans and specifications;

such number of Consideration Shares with an aggregate GTEC Share Value of $416,666.67 upon the substantial completion of the Production Facility, in accordance with the requisite building plans and specifications, for the purposes of submitting an evidence package to Health Canada including, without limitation, installation of equipment required by Health Canada, security system, storage areas, and HVAC ("Substantial Completion"); and

such number of Consideration Shares with an aggregate GTEC Share Value of $416,666.67 upon Health Canada confirming there are no deficiencies with respect to the Production Facility including construction thereof and security systems therefor.
Notwithstanding the above, one hundred percent (100%) of the Consideration Shares contemplated above will be issued to F-20 upon either of the following events:

F-20 funding 3PL by way of a shareholder loan of at least $5,000,000 and 3PL having expended at least $5,000,000 in respect of the construction of a Production Facility; or

if GTEC fails to submit a final evidence package to Health Canada addressing all deficiencies with respect to the Production Facility within ninety (90) days of Substantial Completion.
The Agreement is subject to approval by the TSX Venture Exchange.

About F-20
F-20 is a privately held British Columbia corporation whose principals have been involved in the financing, construction, and development of licensed cannabis cultivation facilities in Canada and the U.S.

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc. and Tumbleweed Farms Corp. To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co.

On behalf of the board,

Norton Singhavon
Founder, Chairman & CEO
778-760-8288
[e-mail]

Michael Blady
Co-Founder & Vice President
604-720-3474
[e-mail]

[ernie44]

75 cents --- a big owwee... makes for a new base

[Jdoggg]

NEWS!! https://www.ftmig.com/cannabis/gtec-holdings-finalizes-agreement-with-f-20-to-develop-194000-sq-ft-indoor-cultivation-facility/

[ernie44]

will be backing the truck up 3 days before the end of the month or soon as the eagle flys or 2 days sooner

[junkHustler]

INVICTUS SIGNS AGREEMENT WITH GTEC TO SUPPORT CANNABIS RETAIL EXPANSION

Vancouver, BC, Canada -- October 19, 2018 -- InvestorsHub NewsWire -- INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) is pleased to announce that it has entered into a definitive agreement (the "Definitive Agreement") with GTEC Holdings Ltd. ("GTEC") (TSXV: GTEC; OTCPK: GGTTF) for the previously announced non-revolving unsecured convertible loan (the "Loan Facility") in an amount up to $2,000,000, and an interest rate of 8% (see press release dated August 30, 2018, for more details). The proceeds from the Loan Facility will be used by GTEC for the expansion and development of its cannabis retail strategy in Canada.

See GTEC press release titled "GTEC Holdings Announces Initial Retail Cannabis Stores Scheduled to Be Operational in 2018," dated October 11, 2018, for a current update on GTEC's retail operations.

The Definitive Agreement provides Invictus with a Right of First Refusal ("ROFR") to fill up to thirty percent (30%) of any third-party supply agreement that GTEC, or its subsidiaries, has for the supply of cannabis flower or oil, whether domestic or international, for a period of two years from the date that GTEC, or one of its subsidiaries, receives its first Sales License from Health Canada.

"The team at GTEC has successfully executed one of the most robust retail strategies in Western Canada," said Dan Kriznic, Chairman and CEO of Invictus. "Over the next coming weeks, we look forward to finalizing the supply and launches of our premium adult-use cannabis products."

"This week, we as Canadians have made unprecedented worldwide history as we embark into legalization for adult recreational use. We are excited to enter this journey together with Invictus." said Norton Singhavon, Chairman and CEO of GTEC. "The premium flower, distinct brands and diverse genetics will complement our anticipated 35+ retail locations between British Columbia, Alberta and Saskatchewan."

The Loan Facility is subject to final approval from the TSX Venture Exchange ("TSXV), and shall be due and payable in full on the date that is two years following the date of the first advance on the Loan Facility (the "Maturity Date"). GTEC will be entitled to prepay all or a part of the Loan Facility at any time, from time to time, without bonus or penalty. Upon mutual agreement by both parties and prior to the Maturity Date, Invictus may increase the amount of the Loan Facility up to $6,000,000 in aggregate, and further extend the term of the Loan Facility.

Upon regulatory approval, all or a portion of the principal and accrued interest on the Loan Facility may be convertible into common shares of GTEC, at the option of Invictus, at any time prior to or on the last business day immediately preceding the Maturity Date, at a conversion price equal to $1.50 per common share (the "Conversion Price").

For more information, please visit www.invictus-md.com.



On Behalf of the Board,

Dan Kriznic

Chairman and CEO

Jessica Martin

Vice President, Public Relations and Regulatory Affairs

[phone]



About Invictus
Invictus is a global cannabis company offering a selection of products under a wide range of lifestyle brands. Our integrated sales approach is defined by five pillars of distribution including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores.

Invictus has partnered with business leaders to convey our corporate vision, including KISS music legend and business mogul Gene Simmons as our Chief Evangelist Officer. To meet growing demand, Invictus is expanding its cultivation footprint, with two cannabis production facilities fully licensed under the ACMPR in Canada and a third awaiting approval, featuring 100,000 square feet of available grow space today with 200,000 expected by January 2019 and up to 1 million by end of 2020. To accommodate international sales, Invictus' wholly-owned subsidiary, Acreage Pharms Ltd. ("Acreage Pharms"), has designed and is currently building its Phase 3 and 4 purpose-built cultivation facilities to be European Union Good Manufacturing Practices ("EU-GMP") compliant. The Company will earmark up to 50 per cent of production to the medical market. To ensure consistency in quality and supply, Invictus maintains all aspects of the growing process through its subsidiary, Future Harvest Development Ltd., a high-quality Fertilizer and Nutrients manufacturer. Invictus drives sustainable long-term shareholder value through a diversified product portfolio with over 69 Health Canada approved strains and a multifaceted distribution strategy including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores. For more information visit www.invictus-md.com.



About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals, Alberta Craft Cannabis, Grey Bruce Farms, Tumbleweed Farms, Zenalytic Laboratories, and Spectre Labs.

[junkHustler]

They have a few different retail chains that will play in this space.

GTEC with their capacity will be a highly sought after asset with the supply crunch coming.

GLTA & JMO

[ernie44]

my rich friend emailed me and a gal phoned me about this stock---

COWBOY CANNIBUS ---how appropoe---should sell good in Calgary

[junkHustler]

GTEC Holdings Announces First Retail Cannabis Stores Scheduled to Be Operational in 2018

KELOWNA, BC, Oct. 11, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) ("GTEC" or the "Company") is pleased to provide the following updates on its retail operations.

GreenTec Holdings (CNW Group/GreenTec Holdings)

Alberta – Cannabis Cowboy 25 Locations at Full Deployment

Cannabis Cowboy has currently received 10 development permits from their respective municipalities in Alberta, which include locations in Calgary, Red Deer, and Lethbridge. Permits are subject to final Provincial and Municipal licensing. Cannabis Cowboy expects to have 11 retail locations opened and operational in Q4 2018, with an additional 14 locations to be opened in Q1 2019. Over the coming weeks, GTEC will be working closely with Cannabis Cowboy and Invictus (TSXV: GENE) (OTC: IVITF) (FRA: 8IS1) on finalizing product supply, brand launches and retail grand openings.

Saskatchewan – Retail & E-commerce

GTEC has completed and submitted to the Saskatchewan Liquor and Gaming Authority (SLGA) all the required documentation for a retail license. The Company is currently finalizing the following: construction of its retail storefront in Nipawin, construction of its e-commerce fulfillment warehouse in Saskatoon, and completion of its e-commerce platform. The Company anticipates both the warehouse and e-commerce platform to be operational in Q4 2018.

Manitoba Retail – 7 Locations

GTEC had submitted a proposal to a Request For Proposal (RFP) issued by the Province of Manitoba for 7 retail locations. On September 28, 2018, GTEC was notified by the Procurement Services Branch that it had passed the initial screening and has been included to the pre-qualified list for the opportunity to enter a lottery for a cannabis retail store licence. A lottery date has not yet been determined.

British Columbia Retail

GTEC is actively pursuing retail opportunities in the Greater Vancouver area and Thompson-Okanagan region. The company is seeking to establish a total of 8 retail locations in the province of British Columbia.

Management Commentary

"Canada has established itself as the world leader in Cannabis legislation, and with legalization less than a week away we are extremely pleased with the rapid execution of our retail teams," said Norton Singhavon, Chairman and CEO of GTEC. "Once the doors to our first retail locations open in the coming weeks and months, we will have successfully executed our vision of becoming one of the few companies that have achieved full vertical integration, controlling the entire value-chain from seed to shelf. This methodical approach will allow us to deliver a quality end product to consumers while eliminating significant inefficiencies that exist in traditional supply chains."

About Cannabis Cowboy

"Cannabis Cowboy" is a team of revolutionary pioneers blazing a trail for recreational cannabis retail in Canada. Legalization is fast approaching, and the team has been rapidly growing to meet the demand for recreational cannabis products and services. Cannabis Cowboy has developed an ambitious growth strategy to develop up to 30 turnkey retail locations in Alberta, with an aggressive real estate acquisition strategy for retail locations in the British Columbia and Ontario markets.

www.cannabiscowboy.ca

(please note, that there are no affiliations with Cannabis Cowboys, which is an illicit black market online dispensary)


About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals., Alberta Craft Cannabis, Grey Bruce Farms, Tumbleweed Farms, Zenalytic Laboratories, and Spectre Labs.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co.

[junkHustler]

GTEC Provides Update on Status of Sales License and Other Operational Updates

KELOWNA, BC, Oct. 3, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) ("GTEC" or the "Company") is pleased to provide an update on the operations of its wholly owned subsidiaries.

Alberta Craft Cannabis Inc. ("ACC") is a Licensed Producer under Health Canada's Access to Cannabis for Medical Purposes Regulations located in Edmonton, Alberta. ACC operates a 14,000 sq. ft. craft cannabis cultivation facility. ACC has currently completed its initial harvests and has notified Health Canada. The Company is now awaiting Sales License inspection to be completed within the expected timeline.

F-20 Joint Venture ("F-20") is a GTEC agreement with F-20 Developments Corp. to develop a premium indoor cultivation facility in Vernon, British Columbia. GTEC's operations team has completed the final design of Phase 1 construction plans. The building will be retrofitted to facilitate the cultivation of premium cannabis. Phase 1 of this partnership is currently underway, with completion anticipated for Q2 2019. GTEC expects to complete Phase 2 designs by Q1 of 2019.

Tumbleweed Farms Corp. ("Tumbleweed") is a late stage ACMPR applicant based in Chase, British Columbia. Tumbleweed has completed its purpose-built exterior and is near completion of the interior construction. The Company anticipates that it will commence cultivation over the duration of the fall season. Tumbleweed has also signed a contract with the Pacific Agricultural Certification Society ("PACS") with an objective to be one of the first certified organic cannabis companies in Canada.

GreenTec Bio-Pharmaceuticals Inc. ("GreenTec") is a late stage ACMPR applicant based in Kelowna, British Columbia. GreenTec is currently in Phase 1 of development, building 20,000 sq. ft. of its planned 80,000 sq. ft. craft cannabis cultivation facility. GreenTec has recently completed the exterior of this building and anticipates completing the interior construction and commencing cultivation in Q1 2019.

Grey Bruce Farms Inc. ("Grey Bruce") is a late stage ACMPR applicant based in Kincardine, Ontario. Grey Bruce is currently building a 15,000 sq. ft. craft cannabis cultivation facility. The Company has made substantial progress in completing a major retrofit of its existing industrial building and anticipates that it will commence cultivation in Q4 2018.

Falcon Ridge Naturals ("Falcon Ridge") is a late stage ACMPR applicant located on a certified organic farm in Kelowna, British Columbia. Falcon Ridge was seeking to construct a 10,000 sq. ft. facility. On October 1st, Kelowna City Council voted against the Falcon Ridge project application, due to recently adopted land zoning issues related to the proposed facility being within the B.C. Agricultural Land Reserve. Accordingly, GTEC does not anticipate moving forward with this project, and plans to re-allocate Falcon Ridge capital funds to its larger facilities and/or for existing expansion opportunities.

Spectre Labs Inc. ("Spectre") is a cannabis oil extraction facility based in Kelowna, British Columbia. Spectre has acquired land and building to develop a state-of-the-art facility. The Company has completed initial design work and submitted an application to the Office of Controlled Substances for a Dealer's License. The site will be developed in a phased approach and will serve as a Good Manufacturing Practices ("GMP") grade facility with extraction, formulation, compounding and export capabilities to support GTEC's Licensed Producers and the global medical market. GTEC also intends to utilize Spectre to manufacture edible products that are expected to be incorporated into Health Canada's regulatory framework in 2019. GTEC was notified on July 17th by the Office of Controlled Substances, that Spectre has been assigned an application number. From the time of receipt of a complete application, the Controlled Drugs Section commits to a service delivery standard of 180 business days for the issuance of a decision on an application for a new Dealer's Licence for controlled substances.

Zenalytic Laboratories Ltd. ("Zen Labs") is a full-service chemical and microbiological diagnostics laboratory that holds a Dealer's License under the Narcotic Control Regulations. In July 2018, Zen Labs received a Dealer's License from Health Canada. In September 2018, Zen Labs received Health Canada approval to expand the scope of its Dealer's License to Include extraction of cannabis oil. Zen Labs provides GTEC with the ability to conduct in-house analytical testing without the costs and potential delays associated with outsourcing.

"We are exceptionally proud of the diligent and relentless efforts our team has undertaken over the last few months in both operations and construction," said Norton Singhavon, Chairman and CEO of GTEC. "Furthermore, we are excited to have Tumbleweed and Grey Bruce coming online in the near future. We will continue striving to execute on our goals and milestones that we have set out internally and to our shareholders, for all existing assets."

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce Farms Inc., Falcon Ridge Naturals Ltd., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd., and Spectre Labs Inc.

[junkHustler]

GTEC Announces Launch of Six Unique Craft Cannabis Brands

KELOWNA, BC, Oct. 1, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) ("GTEC" or the "Company") is pleased to announce its portfolio of craft cannabis brands.

GTEC announces craft cannabis brand portfolio. (CNW Group/GreenTec Holdings)

GTEC's primary focus is on cultivating, testing, processing, marketing and selling premium quality craft cannabis, with full control from seed to shelf. Therefore, the company is developing a range of premium-quality products, based on superior genetics, small batches, indoor cultivation, optimized curing, and hand trimming.

The company recognizes the importance of complementing its premium quality cannabis with a compelling marketing mix that effectively communicates with specific consumer segments. Accordingly, GTEC has created and trademarked a diverse portfolio of craft cannabis brands.

All of these brands will be used to market premium quality cannabis products; however, each has been designed to resonate with a unique target market.

BLK MKT ™ A homage to the legacy of cannabis prohibition. BLK MKT ™ has been designed to resonate with experienced cannabis consumers who seek high THC strains.

COGNOSCENTE ™ For the sophisticated aficionado who appreciates excellence in flavour, aroma and terpene profiles.

TENZO ™ A balanced lifestyle brand, with a variety of strains and products to provide a diverse palette of desired effects to its consumer.

TREE HUGGER ™ A superior line of organic cannabis products. An earthy and approachable brand for the consumer who demands purity in an environmentally friendly product.

FN ™ A speciality brand that will be deployed in partnership with our First Nations partners, to celebrate and honour the first Canadians.

GREENTEC ™ A flagship brand catering to the medical market, designed specifically to aid and support patients with various ailments that respond positively to cannabinoids.

"It was exciting to take on the creative challenge of branding GTEC's premium cannabis products" said David Lynn, Chief Operating Officer. "We certainly feel that our diversified brand and product portfolio will align well with the multifaceted nature of the craft cannabis market".

"It was a challenging yet exciting experience to help create the strategy and visuals for our brand portfolio. Diving into the minds of new and experienced cannabis users, in order to truly understand what they were looking for in this market was enlightening," commented Adil Hirji, Creative Director.

"I'm very proud of the work our team has done in creating the GTEC brand portfolio" commented Norton Singhavon, Board Chair & CEO. "I believe that robust brands, supported by effective marketing, will be critical to GTEC's future success in the premium cannabis market".

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is a public corporation listed on the TSX Venture Exchange and based in Kelowna, British Columbia. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Alberta Craft Cannabis Inc. Grey Bruce Farms Inc., Falcon Ridge Naturals Ltd., Tumbleweed Farms Corp., Zenalytic Laboratories Ltd., and Spectre Labs Inc.

[junkHustler]

GTEC added to the Horizons MJ ETF constituents.

This is HUGE!

Horizon ETF has over 1 Billion in holdings.

GLTA & JMO

[junkHustler]

Invictus' Acreage Pharms to Become a Registered Cannabis Supplier in Saskatchewan

VANCOUVER, Sept. 11, 2018 /PRNewswire/ - INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE) (OTCQX: IVITF) (FRA: 8IS1) is pleased to announce that its wholly-owned subsidiary, Acreage Pharms Ltd. ("Acreage Pharms"), has been granted conditional approval to become a registered supplier with the Saskatchewan Liquor and Gaming Authority ("SLGA") once legislation is implemented on October 17, 2018. In the interim, and subject to any federal restrictions, Acreage Pharms is eligible to supply product to authorized provincial wholesalers and retailers in advance of October 17.

Invictus MD (CNW Group/Invictus MD Strategies)

"We are thrilled to become a registered supplier in Saskatchewan, our third provincial agreement behind British Columbia and Alberta," said Dan Kriznic CEO and Chairman for Invictus. "We can feel the momentum building ahead of legalization on October 17, 2018 and are actively seeking agreements with additional provinces to help ensure governments across Canada have enough supply to meet consumer demand."

Invictus is set to gain access to the retail market in Saskatchewan through an LOI with GTEC Holdings Ltd. ("GTEC") (TSXV: GTEC) that provides the Company with an opportunity to fill purchase orders that GTEC is seeking from third party licensed producers for the purposes of supporting GTECs distribution channels.

Invictus' product portfolio includes 69 Health Canada approved strains that will be sold under four lifestyle-inspired cannabis brands for recreational users: Dukes, Zooey, Sterling & Hunt, and Sinister. Each brand has been crafted for a specific target audience and his or her lifestyle.

For more information, please visit www.invictus-md.com.

On Behalf of the Board,
Dan Kriznic
Chairman and CEO

Jessica Martin
Vice President, Public Relations and Regulatory Affairs
[phone]

About Invictus
Invictus is a global cannabis company offering a selection of products under a wide range of lifestyle brands. Our integrated sales approach is defined by five pillars of distribution including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores.

[junkHustler]

How long until HEXO, Aphria or Canopy takes this one under its wing.

Seems like the volume they can provide and distribution in the West is a nice fit.

GLTA & JMO

[junkHustler]

Sounds like the new guy that comes from the CPG beverage sector is going to help this company navigate its way to the forefront of partnerships.

GLTA & JMO

[junkHustler]

GTEC Holdings Receives Health Canada Approval to Expand Scope of Dealer's License to Include Extraction of Cannabis Oil

KELOWNA, BC, Sept. 7, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) ("GTEC" or the "Company") is pleased to announce that its wholly owned subsidiary, Zenalytic Laboratories ("Zen Labs") received an approval from Health Canada expanding the scope of its Dealers License effective September 6, 2018.

The Dealers License was issued pursuant to the provisions of the Controlled Drugs and Substances Act and its Regulations on July 20, 2018. This provided the Company with approval to perform analytical testing on cannabis and specific cannabinoids. The Company subsequently applied to expand the scope of its license to include authorization to process cannabis flower into cannabis oil. Health Canada approved this request effective September 6, 2018.

"Given the recent surge of interest in our industry from global alcoholic beverage companies, we are very excited to now be licensed to produce cannabis oils and expand our own value add product offerings. Furthermore, the amendments to the Dealers License illustrate successful execution of GTEC's vertical integration strategy", said Norton Singhavon, Chairman & CEO of GTEC Holdings. "This development improves GTEC's ability to capitalize on opportunities associated with cannabis oil, and the down stream products derived from it."

Mr. Singhavon further commented, "The receipt of the amended Dealers License is a significant milestone in GTEC's development as it, together with the Company's many other initiatives within the cannabis vertical supply chain, will support revenue generation as early as Q4-2018 or Q1-2019. The Company will continue to provide updates as we get closer to a definitive on-line date".

About Zen Labs
Zen Labs is a full-service chemical and microbiological diagnostics laboratory for soil, water, and cannabis. Zen Labs will analyze cannabinoid profiles, moisture content, heavy metals, microbials, aflatoxins, pesticides and other contaminants as per the regulations set out by Health Canada's ACMPR, for Licensed Producers, Production for Own Medical Purposes, Production by a Designated Person, and individuals who are authorized for personal medical consumption. Zen Labs also intends to conduct full analytical testing on terpene profiling and residual solvents for authorized clients.

About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. The Company also has a number of retail cannabis initiatives in Western Canada. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Tumbleweed Farms Corp., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd. and Spectre Labs Inc. GTEC is a publicly-traded corporation based in Kelowna, British Columbia. The Company's shares are listed on the TSX Venture Exchange and OTC Pink Sheets.

[junkHustler]

Only a matter of time until these guys either get in to bed with a CPG company or someone like HEXO takes a run at them.

The facility and output is going to provide a lot of value to someone.

GLTA & JMO

[Cbdpotential]

GTEC Signs LOI with Invictus MD To Receive Strategic Investment And Expand National Distribution

Source: PR Newswire (Canada)
KELOWNA, BC, Aug. 30, 2018 /CNW/ - GTEC Holdings Ltd. ("GTEC" or the "Company") (TSXV: GTEC) (OTCPK: GGTTF) is pleased to announce that it has entered into a binding Letter of Intent with Invictus MD Strategies Corp. ("Invictus") (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) to provide GTEC with a non-revolving unsecured convertible loan (the "Loan Facility") in an amount up to $2,000,000, and an interest rate of prime plus 5%. Subject to regulatory approvals, all or a portion of the principal and accrued interest on the Loan Facility may be convertible into common shares of GTEC, at the option of Invictus, at any time prior to or on the last business day immediately preceding the Maturity Date, as defined below, at a conversion price equal to $1.50 per common share (the "Conversion Price"). Upon mutual agreement of both parties prior to the Maturity Date, Invictus may increase the amount of the Loan Facility up to $6,000,000.

GreenTec Holdings (CNW Group/GreenTec Holdings)

The proceeds from the Loan Facility will be used by GTEC for working capital and to further execute GTEC's cannabis retail expansion strategy in Western Canada and Ontario. GTEC expects to have a minimum of 15 Cannabis Cowboy retail stores open by October 17, 2018, in Alberta, as well as 1 location in Saskatchewan, complemented by an e-commerce platform that will serve the entire Province.

The definitive agreement (the "Definitive Agreement") will also provide Invictus with a right of first refusal to fill up to thirty percent (30%) of any cannabis purchase order domestically and internationally (whether for flower or oil) that GTEC, or its wholly-owned subsidiaries, are seeking to purchase from third party Licensed Producers for a period of two years. The Invictus products will be sold under one of four recreational brands: Dukes, Zooey, Sterling & Hunt, and Sinister, each designed to target a specific audience and his or her lifestyle.

"As we continue to build out our national retail distribution strategy, we are extremely pleased at this partnership with Invictus." said Norton Singhavon, Chairman and CEO of GTEC. "Having access to a diverse range of indoor premium flower fits within our mandate to curate, develop and distribute craft cannabis products within our retail channels. Furthermore, this partnership with Invictus allows GTEC to immediately access increased capacity to support our international initiatives."

"This new partnership is designed to extend Invictus' Western footprint for cannabis distribution, which already includes supply agreements in British Columbia and Alberta," said Dan Kriznic, Chairman and CEO of Invictus. "We are actively working to establish new channels that will enhance our sales network and ensure retailers maintain adequate supply of high quality cannabis as the adult recreational market evolves over time."

The Loan Facility shall have a term that commences on the date of the execution and delivery of a definitive agreement (the "Definitive Agreement") and ends on a date that is two years following the date of the first draw (the "Maturity Date"). The Loan Facility shall be due and payable in full by GTEC to Invictus on the Maturity Date. GTEC will be entitled to prepay all or a part of the Loan Facility at any time, from time to time, without bonus or penalty. Upon mutual agreement of both parties prior to the Maturity Date, Invictus may increase the amount of the Loan Facility up to $6,000,000 in aggregate, and further extend the term of the Loan Facility. The agreement is subject to approval from the respective Board of Directors for each company, the TSXV, and certain holders of convertible debentures of GTEC.

About Invictus

Invictus is a global cannabis company offering a selection of products under a wide range of lifestyle brands. Our integrated sales approach is defined by five pillars of distribution including medical, adult-use recreational, international, Licensed Producer to Licensed Producer and retail stores.

Invictus has partnered with business leaders to convey our corporate vision, including KISS music legend and business mogul Gene Simmons as our Chief Evangelist Officer, and global branding agency Authentic Brands Group. Invictus is expanding its cultivation footprint, with two cannabis production facilities fully licensed under ACMPR in Canada and a third awaiting approval, featuring 100,000 square feet of available grow space today with 200,000 expected by January 2019 and 1 million by end of 2019. The Company will earmark 50 per cent of production to the medical and recreational markets, respectively. To ensure consistency in quality and supply, Invictus maintains all aspects of the growing process through its subsidiary, Future Harvest Development Ltd., a high-quality Fertilizer and Nutrients manufacturer. Invictus drives sustainable long-term shareholder value through a diversified product portfolio with over 69 Health Canada approved strains and a multifaceted distribution strategy including medical, recreational, international and retail. For more information visit www.invictus-md.com.

About GTEC Holdings Ltd.

GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. The Company also has a number of retail cannabis initiatives in Western Canada. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Tumbleweed Farms Corp., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd. and Spectre Labs Inc. GTEC is a publicly-traded corporation based in Kelowna, British Columbia. The Company's shares are listed on the TSX Venture Exchange and OTC Pink Sheets.

To view more about the company or to request our most recent corporate presentation, please visit our website at www.gtec.co.

On behalf of the board,

Norton Singhavon
Founder, Chairman & CEO
778-760-8288
[e-mail]

Michael Blady
Co-Founder & Vice President
604-720-3474
[e-mail]

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.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor approved the contents of this press release.

SOURCE GreenTec Holdings


Copyright 2018 Canada NewsWire

[@WolfofWeedST]

https://marijuanastocks.com/gtec-v-ggttf-announces-supply-agreement-with-namaste-technologies-cannmart/

[CHuckem]

I’m on Ameritrade. I use ggttf ticker right?

[Laszlo1]

I see something starting here..... I am a newbie but I follow things closely.

[johnfahmy]

Great piece with solid visuals. I think $5 is realistic within the next 6 months? Do you hold any warrants?

[johnfahmy]

$GTEC holdings well in a tough market

[johnfahmy]

First of all have you seen $TGOD. Second of all how is he pumping. In no way shape or form is he making any buy recommendations on any stock. Only provides solid DD.

[johnfahmy]

I am the moderator and the creator of this page and a large shareholder of GTEC.V. Folks all I can say is this stock is a gem and one to keep on watch. If you look at all the assets they have and the recent news in regards to Zen Labs obtaining their dealers licence you will understand the story here.

[Type0neg]

$gtec.v can now be purchased on TD Ameritrade under symbol $GgTTF make sure you do the CAD to USD conversion first when putting in orders.

[Type0neg]

More insider buying posted.


https://ceo.ca/api/sedi?insider=&symbol=GTEC&date=&transaction=&amount=

[Type0neg]

We've decided to recommend our first Cannabis stock to our 22,000 Palisade Research email subscribers today.

GTEC Holdings or TSX-V:GTEC is your ticket. Put some in the TFSA / RRSP
Soon to trade on the OTC in the US. Mark my words $0.95 going to $5 in 12 months.

https://palisade-research.com/gtec-holdings-the-play-to-be-in/

Found this yesterday.

[Type0neg]

Well said $gtec

[notshakenorstirred]

Diverse holdings... six total...all at 100%. They don't want a piece of the pie, they want the whole effn thing..."LOVEIT"!!

Excellent mgmt team... company ready to be a gamer from the get-go!

Already has an ACMPR license...and at least three more in the late stage pipeline.

An eye opening "late to the party" player...for sure.

Worth doing some intensive DD and, at this point, a few overall positive objective assessments.

All above...imo

https://www.gtec.co/holdings/

https://equity.guru/2018/03/07/cannabis-getting-complicated-greentec-holdings-gtec-geared-whats-next/

https://investingnews.com/company-profiles/greentec-holdings-cannabis-cultivation-canada/

https://equitygrades.com/2018/01/23/gtec-has-holdings-across-the-cannabis/

[Type0neg]

Uh ya. If u don't want $ do not buy this.

[Cheetah SPEED]

Wolf pump. Don’t get trapped

[Cheetah SPEED]

Hearing things... $$$