Alliance Growers Corp (ACG)

[Let's Roll]

Jamaican Cannabis Company Investment

Further to a news release dated February 27th, 2018 whereby Alliance announced discussions with a private licensed Jamaican cannabis company for a significant strategic investment. Alliance Growers has commenced due diligence for the investment of this company which is planning for an IPO later this year.

The private Jamaican company has established operations with production facilities with a Tier 1 Cultivator's license (cultivate land with ganja for medical, scientific and therapeutic purposes) and a Tier 3 Processing license (process ganja for medical, scientific and medical purposes, including the manufacturing of ganja-based products). The company's mission is to produce quality medicinal products in Jamaica that have the unique qualities of Jamaica's holistic healing culture. The Jamaican company will be exporting cannabinoids and terpenoids through joint ventures with selective Canadian and European Licensed Distributers, and develop and brand world class cannabis flower, extracts, infused products for the growing international cannabis industry.

Commenting on the Company's progress, Alliance Growers President and CEO, Dennis Petke stated, "Alliance Growers continues to execute on its strategic plan to build a global cannabis company focused on where the cannabis industry is going, not where it is today. We are grateful for the diligent and mindful work of our team and the steadfast support of our many industry partners and shareholders. Alliance Growers is very excited for the future of our Company and the cannabis industry".


$ACG (CNSX:ACG)