NetworkNewsWire Announces Publication Discussing How Licensed Canadian Cannabis Producers are Preparing for Industry
Forecasts
NEW YORK, NY--(Marketwired - Oct 4, 2017) - NetworkNewsWire
("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring ABcann
Global (TSX VENTURE: ABCN) (OTCQB: ABCCF), a client of NNW that is a globally licensed, cost efficient producer of premium
quality organic standardized medicinal cannabis.
The publication, titled, "Demand Outpacing Supply as Canadian Cannabis Legalization Looms," highlights the licensed producers
that are gearing up for a projected spike in demand.
To view the full publication, visit:
https://www.networknewswire.com/demand-outpacing-supply-canadian-cannabis-legalization-looms/
"ABcann Global Corp. (OTCQB: ABCCF) (TSX VENTURE: ABCN), with its healthy cash position and aggressive expansion plans, is one
company seeking to address these supply concerns, particularly in the medicinal market.
"ABcann's recent efforts to address the expected shortfall in Canadian cannabis supply place it at the forefront of the
blossoming industry. Its strong cash position is being used to both expand its fully-operational Vanluven facility and continue
construction of its 150,000-square-foot Kimmett facility. As noted in a July news release, ABcann expects first cultivation from
the Kimmett facility in the fourth quarter of 2018, with the project reaching full production capacity by the first quarter of
2019. With this expansion, the company will look to expand on its position in the Canadian market while pursuing a number of
global initiatives in Europe, Israel and Australia."
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.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication
servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social
media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted
financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely
positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists
and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the
country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility,
recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW,
wherever published or re-published: http://NNW.fm/Disclaimer
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.