Vancouver, BC, December 5, 2016 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) announces that it has paid a $1 million dividend to shareholders as of record on November 21, 2016.
Dan Kriznic, CEO commented “The payment of this dividend marks a milestone in our overall strategy of acquiring cannabis assets and ultimately exiting at a much greater valuation. In the past 12 months we divested of three assets for approximately $5.4 million. Invictus MD’s cost base on those assets was $1.3 million representing a 315% return on investment. We continue to seek opportunities that will harvest similar results. The recent $12 million financing gives us the necessary capital to execute on our North American cannabis acquisition plan.”