Captiva Verde Wellness Corp (PWR)

[Oddollar]

For Immediate Release
September 26, 2019
CAPTIVA VERDE LAND CORP 632 Foster Avenue, Coquitlam British Columbia V3J 2L7
CAPTIVA VERDE COMPLETES ACQUISITION OF OVER 5 MILLION SQUARE FEET OF HAND CRAFTED OUTDOOR ORGANIC HIGH POTENCY CANNABIS PRODUCTION CAPACITY AND 30,000 SQUARE FEET OF BUILDINGS FOR PROCESSING FACILITIES IN NEW BRUNSWICK, CANADA
Captiva Verde Land Corp. (the “Company”) (CSE: PWR), is pleased to announce that Captiva Verde has completed the acquisition of over 5 Million square feet of hand crafted outdoor organic high potency cannabis production capacity and 30,000 square feet of buildings to commence infrastructure buildout for Solargram Farm's Health Canada site evidence package as final steps to obtain outdoor organic grow licenses.
Solargram Farms, a wholly owned subsidiary of Captiva Verde, will become Canada's largest outdoor organic cannabis growing operation, having in excess of 5 million square feet of outdoor production capability at 100 percent yield.
The outdoor production site and buildings is now owned 100% by Captiva Verde and is debt-free. The acquisition is a testament to the skillful New Brunswick executive team of Len Wood and Marc LeBlanc whom made an extremely rare find. Included in the site is an onsite man made 6 million gallon fresh water pond with surplus water fed by two high capacity spring fed wells to easily satisfy the water demands of such a high yielding and expansive growing operation.
Similar facilities of this size are costing anywhere from $6 Million to $10 Million to build and our team has acquired this for less than 10 cents on the dollar.
This Infrastructure project has commenced with expectations of a 2020 first year cannabis harvest comprised of outdoor organically grown production. We are excited to provide the market place with organic oil products that is destined for unique, selected and branded boutique product offerings slated to come to market in 2020 and we are negotiating supply agreements both domestically and internationally to ensure our high valued products are available in the markets where we choose to operate in.
We owe everything to our valued shareholders and to our dedicated team who have the passion, desire, and determination to build Solargram into a formidable player in the cannabis marketplace, and as a strong division of the Captiva Verde success story.

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On Behalf of the Board of Directors
Jeffrey Ciachurski
Chief Executive Officer and Director Cell: [phone]
E-mail: [e-mail]
Cautionary Note Regarding Forward Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward- looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.