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Saturday, 07/10/2021 12:43:28 PM

Saturday, July 10, 2021 12:43:28 PM

Post# of 11986


Mr. Sanders is charged in relation to his role as the Chairman and Chief Executive Officer of Instadose Pharma Corp. (formerly the Excellence Health Group). Instadose purports to be a licensed certified grower and cultivator of medicinal cannabis. Since July 2017, Instadose has raised more than $9.4 million from investors. The OSC alleges that investor funds were diverted to the benefit of Mr. Sanders, his family, and associates. The OSC further alleges that Instadose materially misrepresented the nature of the company's business.

The accused is scheduled to appear in court on this matter on Monday August 16, 2021 at 9:00 a.m. in Courtroom #104 at A. Grenville and William Davis Courthouse, 7755 Hurontario Street, Brampton, Ontario.

Any investors who were solicited by Mr. Sanders or who invested with Instadose should contact the OSC's Contact Centre at 1-877-785-1555 (Toll Free) or inquiries@osc.gov.on.c