Target Group Inc (CBDY)

[ProfitScout]

The CBDY announcement this week on the company's Canary RX group being awarded 3 new licenses to cultivate, process and sell cannabis legally under the Cannabis Act of Canada is a milestone achievement. This will very significantly bolster the company's position to take advantage of all the new revenue generation opportunities in the emerging legal cannabis marketplace worldwide.

About Canary RX Inc.
Canary RX Inc. ("Canary") is a Licensed Producer under the Cannabis Act. Situated in Ontario's Garden, Norfolk County, Canary lies nestled amongst the shores of Lake Erie in a vibrant, agricultural community. Our 44,000 sq. ft. facility is engineered to meet strict quality standards and equipped with the latest environmental control technology. The production space includes eight separate flower rooms, projected to produce 3,600kg cannabis per year. Canary's talented team will cultivate premium, organic cannabis, while aligning with distinguished, veteran brands to bring the highest quality product to market. http://www.canaryrx.com

About Target Group Inc. (CBDY)
Target Group Inc. ("Target Group" or the "Company") is a progressive, diversified, and vertically integrated cannabis acquisition company. Target Group is curating an iconic brand portfolio, leveraging product diversification, innovation, and operational expertise to solidify long-term growth and stability. The Company owns and operates Canary RX Inc, a Health Canada licensed producer under The Cannabis Act (Bill C-45), and CannaKorp, makers of the pod-based Wisp™ Vapor technology. Target Group is expanding its global operations to build an international network of manufacturing, distribution, production, and sales operations. http://www.targetgroupinc.ca