DORADO, Puerto Rico, July 16, 2018 (GLOBE NEWSWIRE) -- GSRX Industries Inc. (OTCQB:GSRX) (“GSRX” or the
“Company”) announced today that it will host a live investor webinar on Wednesday, July 18, 2018 at 4:05 p.m. ET.
During the webinar, Les Ball, CEO of GSRX, will deliver an exclusive corporate presentation and provide
highlights regarding the Company’s recent achievements and plans moving forward. Immediately following the presentation, Mr. Ball
will participate in a live question and answer session with participating investors.
To participate in the webinar and Q&A session, visit: RedChip.com.
GSRX recently announced financial results for second quarter 2018, which cited record revenue for the Company
(GSRX Second Quarter Financial Results). With the addition of newly acquired dispensaries and,
most significantly, the full launch of operations at Sunset Connect, Green Spirit Essentials, and Spirulinex in the third quarter,
GSRX anticipates triple-digit revenue growth in third and fourth quarters.
About GSRX Industries Inc.
GSRX Industries Inc. (OTCQB:GSRX), through its subsidiaries, is in the business of acquiring, developing and operating retail
cannabis dispensaries, and is in the process of expanding its business to include the cultivation, extraction, manufacture and
delivery of cannabis and cannabinoid products. To date, GSRX has acquired and operates four cannabis dispensaries in California and
Puerto Rico, and has acquired four additional pre-qualified locations in Puerto Rico, all of which are under construction with
expected openings later this year. The Company expanded its California operations into the cultivation, extraction/processing and
cannabinoid manufacturing businesses during the first quarter of 2018 through joint ventures in which it holds majority stakes.
These include Sunset Connect Oakland, LLC, a cannabis cultivation company which occupies 25,000 feet of indoor growing space in
Oakland, CA, and in Green Spirit Essentials LLC and Spirulinex, LLC, extraction and manufacturing companies in San Francisco that
have developed a broad slate of cannabinoid ingestibles. Green Spirit Essentials and Spirulinex have robust patent portfolios, and
continue to aggressively pursue protection for their innovations.
Forward-Looking Statements
This press release contains forward-looking statements. Such statements include statements regarding our expectations,
hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy,
competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with
applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from
those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking
statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this
document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to
update any forward-looking statement except where applicable law requires us to update these statements. Market data used
throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are
based upon their review of internal surveys, independent industry publications and other publicly available information.
Contact:
Paul Gendreau
PGPR
paul@pgprmedia.com
678-807-7945
