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     499  0 Kommentare Repeat - Cannabis Wheaton Income Corp. Enhances Strategic Flexibility With Acquisition of Licensed Producer RockGarden Medicinals

    VANCOUVER, BC--(Marketwired - November 01, 2017) - Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX VENTURE: CBW)("Cannabis Wheaton" or the "Company") is pleased to announce the closing of the acquisition (the "Acquisition") of all of the issued and outstanding shares of RockGarden Medicinals (2014) Inc. ("RockGarden") pursuant to the terms of a definitive share purchase agreement (the "Share Purchase Agreement") dated October 31, 2017 (the "Closing Date").

    The Acquisition furthers the Company's streaming platform strategy by providing the Company additional resources and regulatory tools to help accelerate Wheaton Licensing Program participants' pathway to licensing under the Access to Cannabis for Medical Purposes Regulations (the "ACMPR").

    Located in Carleton Place, Ontario, RockGarden is a privately owned licensed producer of cannabis pursuant to the ACMPR. On August 25, 2017 RockGarden was granted a cultivation license (the "License").

    Hugo Alves, President of Wheaton Income commented, "When we set the strategy for Wheaton Income it was about building a dynamic platform that promoted sustainable growth for both the industry and our shareholders. The acquisition of RockGarden will act as a strategic tool to help us with on-going partnerships and opportunities, but most importantly the development and execution of our existing and prospective streaming relationships."

    Chuck Rifici, Chief Executive Officer of Wheaton Income stated, "I couldn't be happier to work with RockGarden -- whom I and the entire Wheaton Income team believe has tremendous pedigree well suited to succeed in a legal regulated environment. As much as this is a strategic acquisition, it is also a cultural acquisition for us. We pride ourselves on building valuable, ethical and long-standing relationships within the industry and are excited to welcome the incredible RockGarden team to the Wheaton Income family. It's a winning combination as the industry moves forward and becomes continually more competitive. This acquisition represents another way that the Wheaton Income platform drives Growth by Diversity."

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    Repeat - Cannabis Wheaton Income Corp. Enhances Strategic Flexibility With Acquisition of Licensed Producer RockGarden Medicinals VANCOUVER, BC--(Marketwired - November 01, 2017) - Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX VENTURE: CBW)("Cannabis Wheaton" or the "Company") is pleased to announce the closing of the acquisition (the "Acquisition") of all of the …