INVICTUS MD STRATEGIES CORP. (“Invictus” or the “Company”) (TSXV:GENE; OTC:IVITF; FRA:8IS1) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the BC Liquor Distribution Branch (“LDB”) to supply the province with a selection of premium cannabis products for the upcoming recreational marketplace. Invictus’ portfolio includes award-winning strains, supplied by our wholly-owned subsidiary, Acreage Pharms Ltd. (“Acreage Pharms”), located in Alberta.
“As a company with operations in BC, Invictus is immensely proud to have been selected to provide the LDB with quality cannabis products ahead of legalization on October 17, 2018,” said Dan Kriznic, Chairman and CEO of Invictus. “We are looking forward to a partnership that will work to achieve our mutual objectives of building a safer marketplace for cannabis, while spurring economic activity here at home.”
Beyond supply agreements, Invictus is working to develop and implement a strategic patient acquisition program aimed at winning market share for medical cannabis sales, in addition to its ambitious retail plan that involves establishing dispensaries across Western Canada. At the same time, Invictus is taking measured steps to expand our cultivation space and strain profile, as demand in the adult recreational market continues to grow.
The MOU with BC’s LDB is the Company’s first provincial supply agreement to service the adult-use market and falls in line with our multi-faceted sales and distribution strategy.
For more information, please visit www.invictus-md.com.
On Behalf of the Board,
Chairman and CEO
Vice President, Public Relations and Regulatory Affairs
Invictus owns and operates two cannabis production facilities, both with sales licenses, under the ACMPR in Canada, with the vision of producing a variety of high quality and low-cost cannabis products to the global market, as regulations permit. The Company’s wholly owned subsidiary, Acreage Pharms Ltd. (“Acreage Pharms”), is located in West-Central Alberta. The Company’s 50% Continue Reading