Vancouver, British Columbia (FSCwire) - Deer Horn Capital Inc. (the “Company” or “Deer Horn”) announces that further to its news releases of November 28, 2014 and December 23, 2014, it has completed that acquisition of the business assets owned by a private company, which assets include leased premises which are currently sub-leased to various individuals for the purpose of producing medical marijuana under 8 MMAR production licenses.  Additional assets acquired included the corresponding consulting business of the private company, the principal of whom is engaged by various clients to provide information and guidance with respect to the cultivation of various strains of medical marijuana plants. 

As previously announced, due to the current market conditions in the resource sector, although the Company intends to maintain its current resource portfolio, management has also been evaluating new projects that have the potential to bring cash flow to the Company and to enhance shareholder value.  The above-noted acquisition is one of a number of potential projects that management is currently assessing, however, there are no assurances that any of the other businesses, properties and assets under review will meet management’s criteria for potential acquisitions or that they can be acquired on terms acceptable to the Company.  The Company will provide shareholders with updates on the status of the other opportunities if and when material information becomes available. 

On behalf of the board of directors of

Deer Horn Capital Inc.

“Tyrone Docherty”                             

Tyrone Docherty

President and CEO

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for the adequacy or accuracy of this release.

Forward Looking Information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.  In particular, this news release contains forward-looking information regarding management’s evaluations of other potential projects. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control.  The Company’s actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company.  Readers should not place undue reliance on forward-looking statements.  Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or to revise them to reflect the occurrence of future unanticipated events.

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