VANCOUVER, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Redfund Capital Corp (CSE: LOAN) (Frankfurt:
O3X4) (OTC: PNNRF) (Redfund or the “Company”) is pleased to announce that it is now the Canadian resident agent for US cannabis
fertilizer leader Plant Life.
Plant Life is dedicated to offering professional cannabis growers a superior line of fertilizers formulated to
create a strong holistic growing environment, with a philosophical and authentic mindset towards plant health, a truly preventative
approach, verses curative, resulting in better yields and better value. It manufactures both liquid and dry water-soluble
fertilizers designed to enhance each phase of a plant’s growth cycle, maximize growers' yields and increase potency. The
products are produced and fully loaded with superior macro, secondary and micronutrient ingredients to ensure optimum nutrient
availability and reduced waste. Plant Life recognizes the artistry that growers bring to the table. The quality supplements were
designed to give them the tools to boost their yields from root augmentation through final stages of the flower. These proven
supplemental products work in tandem with the baseline fertilizers to boost the plant’s potential throughout its life. (http://www.plantlifeco.com)
Plant Life provides cultivators an unparalleled level of nutrient expertise with over 160 years of combined
experience in the fertilizer industry. The Doggett family name has been synonymous as the leader in fertilizers since the 1920’s
and partnering with David Ellerstein who has developed an impressive 30 year track record of taking innovative niche business
concepts and transforming them into viable, multi-million dollar revenue generating realities is a win-win for Plant Life. The
collaborative resources and breadth of practical knowledge has allowed Plant Life to develop an unparalleled line of nutrients
targeted to the burgeoning greenhouse market and other B2B enterprises. It is undeniably creating a new benchmark for which all to
be measured.
“Plant Life has an impressive customer base of cannabis growers in California and their clientele is increasing
daily. We have noticed mainstream companies like Miracle Gro entering the marketplace in Canada with strategic partnerships.
Healthy plants are imperative for every profitable crop cycle, but it is the first to market players who will lead the way in this
sector. Revenue producing Plant Life will continue to be a leader in cannabis fertilizers. We are excited to assist David footprint
Plant Life into the Canadian market and build his global brand,” stated Meris Kott, CEO.
About Redfund Capital
Redfund intends to provide debt and equity funding in the mid-to-late stages of a target company’s development,
or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis,
hemp and CBD-related, healthcare-related target companies.
For further information please visit www.redfundcapital.com
For more information on Redfund Capital contact Meris Kott CEO 604.484.8989 0r
info@redfundcapital.com
Further information about the Company is available on www.SEDAR.com under the Company’s profile.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain
statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively
“forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian
laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”,
“believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions
as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release
contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate
changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated
to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as
required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not
place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.
