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Tuesday, February 14, 2017 2:31:30 AM
TORONTO, ON / ACCESSWIRE / February 13, 2017 / Oxford Investments Holdings Inc. ("Oxford" or the "Company") (OTC PINK: OXIHF) is pleased to announce that it has entered into a joint-venture agreement with an Alberta-based company to apply for a license to grow and distribute marihuana for medical purposes under the Access to Cannabis for Medical Purposes Regulations (ACMPR). The joint-venture has secured the location, and upon being granted a license, will assume ownership of the facility.
"We want to be well positioned within the medical marihuana business by the time the government releases legislation to legalize the recreational use of marihuana. We believe consumers will still demand the quality assurance that medical marihuana can provide," stated Michael Donaghy, President of Oxford.
Further to the Company's press release of February 8, 2017, Oxford has retained auditors to review and prepare audited financial statements that will be necessary for the Company's anticipated Canadian Stock Exchange listing application.
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