Replies to post #583 on Pharmagreen Biotech Inc (PHBI)

[Quintessence]

Alliance Growers has invested in Pharmagreen's preconstruction phase, and may own up to a 30% interest in the Biotech Complex. Still a lot of details to be worked out.

The company is working closely with its strategic investment partner, Alliance Growers Inc., publicly traded on the Canadian Stock Exchange under (CSE: ACG), and on the Frankfurt Stock exchange under the symbol (1LA). Alliance Growers has the opportunity to own up to 30% equity interest in Pharmagreen’s Cannabis Biotech Complex in Deroche, B.C., Canada. To date the funds invested by Alliance Growers have been put towards pre-construction phase of the project.

https://globenewswire.com/news-release/2018/07/26/1542565/0/en/Pharmagreen-Biotech-Inc-Strategic-Relationship-with-Alliance-Growers-Inc.html