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Tag Archives: Invictus

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Invictus’ Acreage Pharms to Become a Registered Cannabis Supplier in Saskatchewan

Invictus’ Acreage Pharms to Become a Registered Cannabis Supplier in Saskatchewan
Sept. 11, 2018 /CNW/ - INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE) (OTCQX: IVITF) (FRA: 8IS1) is pleased to announce that its wholly-owned subsidiary, Acreage Pharms Ltd. ("Acreage Pharms"), has been granted conditional approval to become a registered supplier with the Saskatchewan Liquor and Gaming Authority ("SLGA") once legislation is implemented on October 17, 2018. In the interim, and subject to any federal restrictions, Acreage Pharms is eligible to supply product to authorized provincial wholesalers and retailers in advance of October 17.
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Invictus MD completes 1st provincial cannabis shipment

Invictus MD completes 1st provincial cannabis shipment
Invictus MD Strategies Corp. has completed its first shipment of recreational cannabis under provincial supply agreement on schedule, ensuring quality product for opening day on Oct. 17, 2018. Staff have been working 24 hours per day, seven days a week, to package product in order to meet this ambitious deadline.
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Invictus Closes $25.5 Million Debt Financing from ATB Financial

Invictus Closes $25.5 Million Debt Financing from ATB Financial
INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) is pleased to announce that it has closed the previously disclosed $25.5 million debt financing arrangement (the "Financing") with ATB Financial ("ATB") (see press release dated August 8, 2018, for further details). The Financing will be used to accelerate the construction of its Phase 3 and Phase 4 cannabis cultivation facilities (the "Expansion Plan") at Acreage Pharms Ltd. ("Acreage Pharms"), located in West-Central Alberta. The Expansion Plan will add a total of 180,000 square feet of production capacity to Acreage Pharms. The 90,000 square foot Phase 3 expansion is well underway with over $6 million in progress payments already made for permitting, lot preparation, foundation construction and precast installation. Phase 3 has a target completion date of January 2019 with Phase 4 expected to be completed later in 2019.
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