Two Hands Corporation Closer To Completing Colombian Licence Purchase
June 19 2019 - 10:00AM
InvestorsHub NewsWire
Two Hands Corporation
Closer To Completing Colombian Licence Purchase
Toronto,
Ontario, Canada -- June 19,
2019 -- InvestorsHub NewsWire -- Two Hands Corporation
(OTCQB:
TWOH), has agreed to purchase 100% of the licence to grow,
export, hold cannabis and CBD derivatives in Colombia from
S.A.S.Inc
Plantro
Once the genetics have been approved and the remainder of the
conditions placed on Plantro
S.A.S.
are satisfied we expect to close the transaction and utilize the
licence to its full potential.
CEO of Two
Hands, Nadav
Elituv
commented, "As part
of our agreement the Plantro
S.A.S.
team has been assisting with the initial construction of our
Greenhouses on the first hectare located in the center of Bogota
Savannah in Madrid, Colombia. The greenhouses now house
the initial test harvests of nearly 600 plants comprised of 10
different genetic strains to be evaluated by the ICA.
We will continue to
invest and advance our cannabis cultivation footprint up to the 10
hectares over the next twelve to eighteen months after the
transaction closes. The
first seed sowing took place the end of April 2019, and currently
our first plants have started to grow. You can have a look
at https://www.twohandsgroup.com/twohandscorplab/
."
About
Plantro Inc
S.A.S.
Plantro Inc S.A.S. is an organic hemp based CBD
licence holder located in Madrid, Colombia. Plantro is vertically
integrated, producing from seed to wholesaler. Plantro was created
to produce the highest quality, low cost hemp based
CBD.
About Two Hands
Corporation
Two Hands
Corporation an organic hemp based
CBD cultivator strives to offer the
highest quality CBD extract derivatives to be exported under
Two Hands CBD Lab brand.
For more information, please visit our websites at https://www.twohandsgroup.com/twohandscorplab
/ or https://www.twohandsgroup.com /
This press release
contains forward-looking statements that involve a number of risks
and uncertainties. Any statement not regarding a historical fact is
a forward-looking statement. Important factors that could cause
actual results to differ materially from those indicated by such
forward-looking statements include, but are not limited to, the
company's ability to finance its planned expansion efforts; the
company's ability to raise funds on acceptable terms; the company's
ability to successfully adapt its business model and such other
risks disclosed from time to time in the company's reports filed
with the securities and exchange commission including those on the
company's annual report on form 10-K. The company does not intend
to update any of the forward-looking statements after the date of
this document to conform these statements to actual results or to
changes in management's expectations, except as required by
law.
CONTACT:
Two Hands
Corporation
IR@twohandsapp.com
www.twohandsgroup.com/
Source: Two Hands
Corporation
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