Monday, July 17, 2017

#Cannabis Stock News: Newstrike (TSX VENTURE: $HIP.V) Subsidiary Up Cannabis Inc. Receives Approval for Unrestricted Production Capacity and Production of Cannabis Oils

#Cannabis Stock News: Newstrike (TSX VENTURE: $HIP.V) Subsidiary Up Cannabis Inc. Receives Approval for Unrestricted Production Capacity and Production of Cannabis Oils

Company also receives renewal of production license to 2019


TORONTO, ON - July 17, 2017 (Investorideas.com Newswire) Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") is pleased to announce that Health Canada has approved a number of requested amendments (the "Amendments") to the terms of the production license held by its wholly-owned subsidiary, Up Cannabis Inc. ("Up").
"This removal of production restrictions is an important milestone that we plan to replicate as we build-out our growing platform to accelerate our commercialization strategy," said Jay Wilgar, CEO of Newstrike, Up's parent company. "These amendments expedite the execution of our business plan to provide the greatest range of benefits to the greatest number of authorized cannabis users."




Marijuana / Hemp Stocks

Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory

Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing


This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


No comments:

Post a Comment