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“As one of the few cannabis producing companies in North America listed on a major exchange such as the TSXV, that move will enable us to engage a wider investor audience,” said Dan Kriznic, Chairman & CEO, Invictus MD. “We are strongly focused on building our shareholder value. With 250 acres of cultivation space that stretches from Alberta to Ontario, allowing for purpose built production facilities rather than retrofitting existing buildings, we now have the largest land package in Canada for building cultivation facilities as demand increases and we will continue the disciplined but agile execution of our business strategy,” added Kriznic.
Invictus MD’s Acreage Pharms Ltd. Acreage Pharms Begins Cultivation with Commitment to Produce High Quality Cannabis
Invictus MD recently announced that Acreage Pharms Ltd. which Invictus MD has the option to now acquire 100 percent and expect to exercise in short order, begins their new cultivation cycle, having received their license to cultivate under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), they are firmly committed to patient safety and the quality of their cannabis.
"Since being founded, we have established and emphasized a strict culture of regulatory compliance and have committed to enforcing a rigorous Quality Management Program and closely monitoring all our suppliers to ensure that any products used meet or exceed the minimum standards set to comply with Health Canada's regulations," said Trevor Dixon, Founder and CEO of Acreage Pharms. “Our best-in-class Quality Assurance and testing protocols, will give our future clients additional certainty regarding the purity and safety of the medical cannabis we produce. When we set out on this exciting new endeavour we planned on achieving the highest standards when it came to the cultivation and production of medical cannabis. As part of this, we made an important investment in our state-of-the-art, purpose built growth facility near Edson, Alberta, that enables us to produce medical cannabis that meets our exacting standards of quality, consistency, and safety.”
Dixon further stated, "additionally, to ensure product integrity through every step of the growing process, we will utilize fertilizer from Future Harvest Development Ltd. (“Future Harvest”), of which Invictus MD currently owns 82.5%, which significantly reduces the risk of unwanted chemicals that might be found in other fertilizers.” Chris Pearson, Chief Revenue Officer of Future Harvest commented that, “We’re committed to our customers’ quality outcomes. At Future Harvest we’re highly dedicated to consistently producing the highest quality nutrient formulations.