Invictus MD Strategies Corp. (
TSX: V.IMH, :
OTCQB: IVTF,
Forum) said March was a transformational time for the company as it worked to expand and solidify its cultivation portfolio with expansion plan forecasts of 50,000 kilograms of high quality cannabis production by 2020.
Invictus MD’s move from the CSE to the TSX Venture Exchange follows a year of significant achievements.
“As one of the few cannabis companies in North America listed on a major exchange such as TSXV, that move will enable us to engage in a wider investor audience,’’ said Invictus Chairman and CEO Dan Kriznic.
His comments are contained in a “March in Review,” which notes that Cannabis could be legal in Canada by July 1, 2018. More information can be found
here.
Invictus was in the news recently when it
announced the acquisition of a 33% stake in AB Laboratories, which maintains a 16,000-square-foot facility in Hamilton. AB Labs is working to increase its production capacity through AV Ventures Inc. which recently acquired 100 acres in Ontario, land that will be used for the construction of five new production facilities.
Full Disclosure: Invictus MD Strategies Corp. is a paid client of Stockhouse Publishing.