Business
CanadaBis Capital Launches Partnership in Education with Olds College
CALGARY, AB / ACCESSWIRE / May 27, 2019 / CanadaBis Capital Inc. ("CanadaBis" or "The Compan...
About this update from Canadabis Capital, Inc.
[{"type":"text","content":"CanadaBis Capital Launches Partnership in Education with Olds CollegeCALGARY, AB / ACCESSWIRE / May 27, 2019 / CanadaBis Capital Inc. (\"CanadaBis\" or \"The Company\") through its wholly owned subsidiary Stigma Grow (\"Stigma\") is proud to launch a new partnership in education with Olds College.Stigma will participate in the \"Cannabis Production Program\" offered through Olds College by allowing students \"hands on\" training and experience opportunities in a cannabis work environment. After students complete their four online courses, they will complete their field study at Stigma's newly licensed facility in Red Deer County, which will prepare the individuals for future employment in the Cannabis Industry.\"We look forward to working in conjunction with Olds College to provide our industry the proper environment to develop skilled workers. We are proud of this facility and the ability we have to provide a training establishment while working closely with our community. Olds College has always been an excellent place to receive an education, and we are honoured to partner with them in this program,\" stated Travis McIntyre - President of CanadaBis Capital.Stigma currently operates 22,000 sq/ft of production space and plans to expand this area to 66,000 sq/ft later this year. The Company received a standard cultivation and processing license from Health Canada on March 8, 2019, and has recently harvested its first crop. Stigma is anticipating the harvest of its second crop in early July of 2019 and is currently working on a strong Alberta brand catering to a quality experience. Proudly offering a craft product with optimal cannabinoid profiles, Stigma is the first Health Canada licensed producer operating in the Red Deer area.CanadaBis has also granted, under its Stock Option Plan, options to certain directors, officers, consultants and employees to purchase up to 4,125,000 common shares for a period of five years commencing on May 24, 2019 at an exercise price of $0.50 per share. The options will vest over a period of three years.For more information on CanadaBis Capital, or Stigma Grow, please visit www.canadabis.com or contact:Investor [email protected] CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain \"forward-looking statements\" under applicable Canad...