TORONTO, Oct. 17, 2018 /CNW/ - Nick Dean, the chief
executive officer of Emblem Corp. (TSXV: EMC, OTCQX: EMMBF)
("Emblem" or the "Company") today welcomed the nationwide
legalization of adult-use cannabis, a significant milestone that
makes Canada the first-ever major
industrialized economy to do so.
In a video, Dean heralded the formal inception of the legal
recreational cannabis market and emphasized Emblem's continued
commitment to medical patients post-October
17th. Dean also spoke to:
- Preparing for legalization (timestamp: video 1, 0:06)
- The future of the medical cannabis industry post-legalization
(video 1, 0:58)
- Perspective on the taxation of medical cannabis (video 1,
1:49)
- International opportunities for the Canadian industry (video 2,
0:01)
- The importance of fighting impairment on our roads (video 2,
0:39)
- Emblem's unique business approach (video 2, 1:34)
- Product innovation (video 3, 0:01)
- The future of the cannabis industry in Canada (video 3, 1:05)
The video also contains footage from Emblem's licensed facility
in Paris, Ontario, of the
following:
- Cannabis plant inspection, cultivation and trimming (video 4,
0:01)
- Employees packaging dried flower product (video 4, 1:02)
- Cannabis flower examination and extraction equipment (video 4,
1:26)
For more information or to book interviews, please contact
Morgan Cates, H+K Strategies,
416.413.4649, Morgan.cates@hkstrategies.ca
About Emblem
Emblem, through its wholly-owned subsidiary Emblem Cannabis
Corporation, is a fully integrated licensed producer and
distributor of medical cannabis and cannabis derivatives
in Canada under the ACMPR Emblem's state-of-the-art
indoor cannabis cultivation facility and research and development
laboratory is located in Paris, Ontario. Led by an experienced management team
of healthcare executives, accomplished marketing professionals, and
cannabis experts, Emblem is focused on driving shareholder value
through product innovation, brand relevance, and access to patient
and consumer channels. Emblem is also the parent company of
GrowWise Health Limited, one of Canada's leading cannabis
education services. Emblem trades under the ticker symbol EMC on
the TSX Venture Exchange.
For more information, please
visit http://emblemcorp.com/.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION
This news release contains certain forward-looking statements
and forward-looking information (collectively referred to herein as
"forward-looking statements") within the meaning of applicable
Canadian securities laws. All statements other than statements of
present or historical fact are forward-looking statements.
Forward-looking statements are often, but not always, identified by
the use of words such as "anticipate", "achieve", "could",
"believe", "plan", "intend", "objective", "continuous", "ongoing",
"estimate", "outlook", "expect", "may", "will", "project", "should"
or similar words, including negatives thereof, suggesting future
outcomes. Management of the Company believes the expectations
reflected in such forward-looking statements are reasonable as of
the date hereof but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements should not be unduly relied upon. Various material
factors and assumptions are typically applied in drawing
conclusions or making the forecasts or projections set out in
forward-looking statements. Those material factors and assumptions
are based on information currently available to the Company,
including data from publicly available governmental sources as well
as from market research and industry analysis and on assumptions
based on data and knowledge of this industry which Emblem believes
to be reasonable. However, although generally indicative of
relative market positions, market shares and performance
characteristics, such data is inherently imprecise. While Emblem is
not aware of any misstatement regarding any industry or government
data presented herein, the medical marijuana industry involves
risks and uncertainties and is subject to change based on various
factors.
Forward-looking statements are not a guarantee of future
performance and are subject to and involve a number of known and
unknown risks and uncertainties, many of which are beyond the
control of the Company, which may cause the Company's actual
performance and results to differ materially from any projections
of future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include,
but are not limited to, the risks identified in the
Company's December 31, 2017 Management's Discussion and
Analysis, which has been filed with the Canadian Securities
Administrators and available on www.sedar.com. Any
forward-looking statements are made as of the date hereof and,
except as required by law, the Company assumes no obligation to
publicly update or revise such statements to reflect new
information, subsequent or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
SOURCE Emblem Corp.