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Monday, 10/15/2018 8:15:09 AM

Monday, October 15, 2018 8:15:09 AM

Post# of 1979
Nice Monday news!

https://finance.yahoo.com/news/ephs-holdings-set-break-ground-101500840.html

VANCOUVER , Oct. 15, 2018 /CNW/ - EPHS Holdings Inc., (the "Company" or "EPHS") (STNN), together with Joint Venture Partner, Merritt Valley Cannabis, today announced its intention to commence work on its expansion plan located in Merritt, British Columbia , Canada. The 56-acre Merritt site is located on industrial properties, has 40MW of low-cost energy immediately available with all required services in place and is zoned for both cannabis and technology infrastructure. With expansion plans already on the horizon, a phased campus roll-out will provide EPHS with the ability to scale the facility to 1.2 million square feet over time.

EPHS intends to break ground in early 2019 on the company's cannabis campus. Phase one will span 30,000 square feet of production and extraction facilities and is scheduled for opening in early 2020.

"Our expansion plans and methodologies for Merritt Valley are based on industry experience and learned understandings. Our vision, which revolves around simplicity and focus, combines high yield cultivation methods and intellectual property with industry leading low-cost energy rates." commented Stevan Perry , chief executive officer of Merritt Valley Cannabis.

EPHS Holdings, Inc. chief executive officer, Gianfranco Bentivoglio stated, "What excites us is the economic development benefits that the Merritt Valley Cannabis project will bring to the City of Merritt . Recent studies have shown that a one million square foot cannabis facility can produce up to 500 direct and indirect jobs and an estimated one billion dollars of economic benefits for the region.".

About EPHS Holdings Inc.

EPHS Holdings Inc. is a late stage Access to Cannabis for Medical Purposes Regulation applicant. EPHS Holdings Inc. is a shareholder driven company and has a proven track record of increasing shareholder value by investing in disruptive businesses and in niche markets. EPHS's business and operational plan is to cultivate and distribute cannabis by securing a commercial cultivation license identified as a license for Access to Cannabis for Medical Purposes Regulation. The Company was founded in 2012 and is based in Boynton Beach, Florida .

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