NEW YORK, NY--(Marketwired - Nov 21, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring ABcann Global Corp. (
The publication, titled, "Coming Cannabis Recreational Demand in Canada Triggers Massive Investment," discusses the operations of several of Canada's leading licensed cannabis producers, and how they are gearing up for an anticipated increase in product demand.
To view the full publication, visit: https://www.networknewswire.com/coming-cannab...nvestment/
"The Canadian government's commitment to legalize recreational cannabis in July 2018 is touted as an opportunity for investors to profit from the ongoing green blitz. Gearing up for the anticipated spike in consumer demand, cannabis-related businesses are lining up steady sources of supply from the country's licensed producers (LPs). The alcohol and tobacco industries are also preparing to get their hands on the plush opportunities of legalized recreational cannabis. One of Canada's earliest licensed cannabis producers, ABcann Global Corp. (
"In order to take advantage of Canada's projected $9 billion cannabis market, companies like ABcann must keep an eye on the future while taking care of the present. The company's announcement last month that Paul Lucas will be its new independent chairman following founder Ken Clement's decision to step down shows a keen eye for continuity of leadership and historical knowledge of the industry ( http://nnw.fm/n3fU0 ). Lucas, former president and CEO of GlaxoSmithKline Canada, brings decades of pharmaceutical industry experience to his new role at ABcann Global. That kind of global experience will serve the company well as it looks to expand its footprint in the legal cannabis industry. ABcann's vision includes becoming a global presence in the legalized marijuana markets of Canada, Germany, all of Western Europe and South America ( http://nnw.fm/Z60nx )."
About ABcann Global Corporation
ABcann was one of the first companies to obtain a production license under the Marijuana for Medical Purposes Regulations, which it received on March 21, 2014. It obtained a sales license on December 31, 2015. ABcann's flagship facility, in Napanee, Ontario, contains proprietary plant-growing technology, including environmentally-controlled chambers capable of monitoring and regulating all variables in the growing process. This approach and the systems in place allow ABcann to produce organically grown and pesticide-free, high-yielding plants, which, in turn, can generate high-quality products that are consistent from batch to batch. ABcann is able to control environmental and nutrient demands, tailor-made for a particular strain of cannabis, without the variation that is typical when producing large quantities in less-controlled, larger rooms and greenhouse-type structures. ABcann's modular approach to systems technology eliminates scale-up risk and allows ABcann to locate anywhere in the world and maintain consistency and quality of product. For more information, visit www.ABcannGlobal.com .
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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