Invictus MD closes acquisition of shares in ACMPR Licensed Producer AB Laboratories Inc.

Posted on Categories: Investor Relations

VANCOUVER, BC, December 29, 2016 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that it has closed the acquisition of 33.33% of the shares of AB Laboratories Inc. and the initial acquisition of shares of AB Ventures Inc., as previously announced on December 23, 2016.

Dan Kriznic, CEO of Invictus MD, commented, “This investment in AB Laboratories Inc. and AB Ventures Inc. solidifies Invictus MD as a major player on the forefront of the cannabis industry.”

AB Laboratories Inc. is licensed for cultivation under the ACMPR and maintains a 16,000 square foot facility located in Hamilton, Ontario. The Company paid CAD$5,000,000 and issued 2.4 million common shares to the vendor at closing, with a further CAD$2,000,000 in cash due in 90 days.

AB Ventures Inc. is a newly incorporated company that plans to acquire and develop 100 acres in Hamilton, Ontario for cannabis cultivation and sale under the ACMPR. Invictus MD has committed $7.5 million to fund the costs of licensing approval under the ACMPR, acquiring land and constructing the cultivation facility, in exchange for a 33.33% interest in AB Ventures. The Company advanced an initial $2 million at closing into escrow to be deployed primarily for the purchase of the land.

About Invictus MD Strategies Corp.

Invictus MD targets cannabis companies with proven brands, strong customer focus, and significant growth potential. We provide not only capital to meet these objectives but also years of management experience from a team that has been successful in all facets of business, from establishing start-ups to running large international organizations. The fundamental core of our operations centers on the vast opportunities within fragmented industries.

Invictus MD works in partnership with management teams to increase shareholder value through business planning and process integration, developing and executing growth strategies, leveraging our experience and relationships, and structuring and deploying the proper capital to support long-term growth. Our prudent approach to both investing in and developing successful companies ensures successful execution of the business plan in both times of economic expansion and contraction.

For more information, please visit www.invictus-md.com.

On Behalf of the Board,

Dan Kriznic
Chairman & CEO
604.368.6437

Larry A Heinzlmeir
Vice President, Marketing & Communications
604.537.8676

Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements in this news release, other than statements of historical facts, including statements regarding plans and objectives, are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that AB Ventures will acquire land sufficient to build a cultivation facility and such facility will be successfully built and that all other required governmental approvals to produce and sell marijuana under the ACMPR will be obtained by AB Ventures. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that the acquisition of shares may otherwise not occur as planned, the risk that AB Ventures will not: acquire land sufficient to successfully build a cultivation facility or obtain a license or any other approvals required to produce and sell marijuana under the ACMPR. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Invictus MD closes acquisition of ACMPR Licensed Producer AB Laboratories Inc.

Posted on Categories: Investor Relations

VANCOUVER, BC, December 23, 2016 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that it has signed the definitive agreement to acquire 33.33% of AB Laboratories Inc. (“AB Labs”), a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), and up to 33.33% of AB Ventures Inc. (“AB Ventures”), a newly incorporated company formed to develop a second licensed expansion facility.

Under the terms of the agreement Invictus MD will acquire 33.33% of AB Labs, for consideration of CAD$5,000,000 in cash and 2.4 million common shares of Invictus MD on closing and CAD$2,000,000 in cash 90 days after closing. AB Labs is licensed for cultivation under the ACMPR and maintains a 16,000 square foot facility located in Hamilton, Ontario. Invictus MD will have the right of first refusal to arrange any initial public offering, reverse take-over or other going public transaction of AB Labs or AB Ventures following closing. Closing is expected to take place by December 29, 2016.

AB Ventures plans to acquire and develop 100 acres in Hamilton, Ontario for cannabis cultivation and sale under the ACMPR. Invictus MD has committed $7.5 million to fund for the costs of licensing approval under the ACMPR, acquiring land and constructing the cultivation facility, in exchange for a 33.33% interest in AB Ventures. AB Ventures is currently in negotiation to acquire a suitable property and has plans to initially construct a 21,000 square foot facility, which would position the company to become one of the top tier Licensed Producers in Canada. Considering the anticipated size of AB Ventures’ proposed land acquisition and facility and assuming AB Ventures obtains a license to produce the quantity forecasted for the proposed facility, the combined production capacity of both AB Labs and AB Ventures is expected to exceed 20,000 kilograms in 2019. Deloitte, a well-respected consulting company, recently published a survey that suggested the Canadian retail cannabis market would be worth between $4.9 billion and $8.7 billion annually. Additionally the market for marijuana products and services – including growers, testing labs, lighting, and security systems – would increase that number to between $12.7 billion and $22.6 billion. Once taxes, licensing fees, and weed-related tourism are factored in, the market could even be greater than $22.6 billion. The consulting firm further estimates that satisfying the recreational cannabis market will mean producing 600,000 kilograms of marijuana annually – far more than the existing 36 licensed producers grow for medicinal purposes.

Dan Kriznic, CEO of Invictus MD, commented, “This is a tremendous milestone for Invictus-MD and its shareholders. Breaking ground into the ACMPR has always been our intention since inception of our Company in December 2014. Partnering with the right team has been the most important criteria. After meeting, discussing, and conducting our due diligence on over 5 Licensed Producers, we are pleased with our partnership with AB Labs and AB Ventures. When both parties met, we both knew that this would be a great fit immediately.”

About Invictus MD Strategies Corp.

Invictus MD targets cannabis companies with proven brands, strong customer focus, and significant growth potential. We provide not only capital to meet these objectives but also years of management experience from a team that has been successful in all facets of business, from establishing start-ups to running large international organizations. The fundamental core of our operations centers on the vast opportunities within fragmented industries.

Invictus MD works in partnership with management teams to increase shareholder value through business planning and process integration, developing and executing growth strategies, leveraging our experience and relationships, and structuring and deploying the proper capital to support long-term growth. Our prudent approach to both investing in and developing successful companies ensures successful execution of the business plan in both times of economic expansion and contraction.

For more information, please visit www.invictus-md.com.

On Behalf of the Board,

Dan Kriznic
Chairman & CEO
604.368.6437

Larry A Heinzlmeir
Vice President, Marketing & Communications
604.537.8676

Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions of interests in AB Ventures and AB Labs and estimated production capacity, are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that all conditions to closing will be satisfied, the proposed acquisitions of AB Ventures and AB Labs will occur as anticipated, that the Company will obtain all requisite approvals of the acquisitions, that AB Ventures will acquire land sufficient to build the proposed cultivation facility and such facility will be successfully built, that AB Ventures will be granted a license to produce the anticipated quantities under the ACMPR and all other required governmental approvals to produce and sell marijuana under the ACMPR will be obtained by AB Ventures and the AB Labs will obtain all approvals required for its proposed production quantities. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that conditions to closing will not be satisfied or that the proposed acquisitions may otherwise not occur as planned, risks related to the timing and receipt of requisite approvals, the risk that AB Ventures will not: acquire land sufficient to build the proposed cultivation facility, successfully build the proposed cultivation facility or obtain a license or any other approvals required to produce the anticipated quantities under the ACMPR, and the risk that AB Labs will not obtain all approvals required for its proposed production quantities. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Invictus MD hires top tier cannabis consultants and Chief Science Officer for North America wide conquest

Posted on Categories: Investor Relations

Vancouver, BC, December 12, 2016 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce it has entered into a consulting agreement with Cannera Consultants (“Cannera”) and has enlisted Phillip Hague to undertake the role of Chief Science Officer and Head of Horticulture.

Cannera, a division of the GreenTec Bio-Pharmaceuticals Group has entered into an agreement with Invictus MD to oversee all Canadian assets and acquisitions within the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), and provide assistance with certain U.S. acquisitions. Cannera, which was the intermediary party in bridging Invictus MD with AB Laboratories Inc, has played an integral role in negotiating and executing the Binding Letter of Intent for this Licensed Producer, signed by both parties on November 23rd, 2016. Cannera’s vast rolodex and expertise in the industry will play a pivotal role in Invictus MD’s aggressive North America wide conquest.

Cannera currently operates and manages all cultivation duties at an ACMPR Licensed Producer in British Columbia, which was one of the original 13 Licensed Producers. As of January 2nd, 2017, Cannera will assume the role of “Head of ACMPR Business Development” & “Head of ACMPR Operations” for Invictus MD. Cannera’s Senior Consultant sits on the advisory board of Doventi Capital Inc (a legal Cannabis Private Equity Fund), and is the Senior Operations Manager of GreenTec Nevada Holdings, which Invictus MD has secured an Option to purchase up to 60% of.

Phillip Hague will assume the role of Head of Horticulture for the United States. Mr. Hague is currently managing a State licensed cultivation facility in Chicago Illinois that is 120,000 square feet, and a New York state licensed facility that is 320,000 square feet. Mr. Hauge comes from a traditional large-scale commercial controlled agriculture environment, and brings a lifetime of passion and experience into the industry. He is recognized as one of the industry’s most sought after consultants. He has designed, built, staffed and maintained over 1,000,000 square foot of indoor cannabis cultivation and more than 20 acres of greenhouse facilities.

After transitioning from traditional horticulture into the cannabis space Phillip quickly built some of the most recognizable and successful brands in the cannabis industry, gaining the respect and interest of his peers and the media. Winner of multiple awards including several prestigious Cannabis Cups, Phillip has been featured in numerous articles and news programs on the cannabis industry including National Geographic’s “the science of weed”, 60 minutes “The Marijuana Effect”, Rolling Stone’s “too high to fail”, Chicago Sun Time’s “A New Crop”, as well as multiple industry publications and news magazines such as CNN, MSNBC, Wall Street Journal and many others.

 

Dan Kriznic, CEO commented “These are fundamental additions to Invictus MD’s management and growth team, both Phillip and Cannera are highly sought after consultants and bring a track record of proven results and success. With Canada’s task force developing the legal framework behind recreational legalization and the recent U.S. states that have voted in favour of legalizing cannabis for medical or recreational, we are pleased more than ever to aggressively focus on building a cultivation platform across North America, as well as Future Harvest’s brand recognition globally. 2017 will be a victorious year for Invictus MD and its shareholders as we navigate across the North American legal cannabis sector and its ancillary support verticals”

About Invictus MD Strategies Corp.

Invictus MD targets cannabis companies with proven brands, strong customer focus, and significant growth potential. We not only provide capital to meet these objectives but also years of management experience from a team that has been successful in all facets of business from start-ups to running large international organizations. The fundamental core of our operations is centered on the vast opportunities within fragmented industries in the cannabis space.

Invictus MD works in partnership with management teams to increase shareholder value through business planning and process integration, developing and executing growth strategies, leveraging our experience and relationships, and structuring and deploying the proper capital to support long-term growth. Our prudent approach to both investing in and developing successful companies ensures successful execution of the business plan in both times of economic expansion and contraction.

For more information please visit www.invictus-md.com.

On Behalf of the Board,

Dan Kriznic

Chairman & CEO

604-368-6437

Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed spin-out of Future Harvest, are forward-looking statements and contain forward-looking information.  Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”.  Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the proposed spin-out of Future Harvest will occur as anticipated, that the Company will obtain all requisite approvals of the spin-out transaction, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed spin-out may not occur as planned; the timing and receipt requisite approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information.  Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.  We seek safe harbour.

Invictus MD announces binding Letter of Intent to acquire 20% Washington i502 Cultivation & Processing License

Posted on Categories: Investor Relations

Vancouver, BC, December 7, 2016 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce it has entered into a binding Letter of Intent to acquire a Tier 2 State of Washington Cultivation and Processing License (”The Operation”).

Invictus MD will pay $1,000,000 USD cash by way of a convertible debenture to Cannera Equipment Leasing (“CEL”). CEL has committed up to $1,000,000 USD by way of equipment financing and tenant upgrades to the Licensed facility which is currently in final stages of construction, and will have the capacity to produce 2,500kg annually.

Upon final licensing approval by the Washington State Liquor and Cannabis Board (“WLCB”), Invictus MD will pay $2,000,000 USD and issue 800,000 shares with a maximum value of $2,000,000 USD to CEL to secure its option to execute, assign or transfer 20% equity. The operation has a strategic partnership with a renowned genetics and extracts brand located in California, with an established foothold in the California, Nevada and Washington market.

The details of the Binding Letter of Intent will also grant Invictus MD the Right of First Refusal on; all future capital raises, any shares offered for sale, and listing on any publicly traded exchange.

Dan Kriznic, CEO commented “This is yet another strategic acquisition for Invictus MD. The operations team has an established foothold within the California, Washington and Nevada markets. With this placeholder acquisition, Invictus MD will

be well positioned to establish and execute operations in Washington and continue to build Future Harvest’s brand through its i502 partners.”

About Invictus MD Strategies Corp.

Invictus MD targets cannabis companies with proven brands, strong customer focus, and significant growth potential. We not only provide capital to meet these objectives but also years of management experience from a team that has been successful in all facets of business from start-ups to running large international organizations. The fundamental core of our operations is centered on the vast opportunities within fragmented industries in the cannabis space.

Invictus MD works in partnership with management teams to increase shareholder value through business planning and process integration, developing and executing growth strategies, leveraging our experience and relationships, and structuring and deploying the proper capital to support long-term growth. Our prudent approach to both investing in and developing successful companies ensures successful execution of the business plan in both times of economic expansion and contraction.

For more information please visit www.invictus-md.com.

On Behalf of the Board,

Dan Kriznic

Chairman & CEO

604-368-6437

Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed spin-out of Future Harvest, are forward-looking statements and contain forward-looking information.  Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”.  Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the proposed spin-out of Future Harvest will occur as anticipated, that the Company will obtain all requisite approvals of the spin-out transaction, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed spin-out may not occur as planned; the timing and receipt requisite approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information.  Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.  We seek safe harbour.