Business
James E. Wagner Cultivation Corporation Announces Stock Option Grants
James E. Wagner Cultivation Corporation Announces Stock Option Grants.
About this update from James E Wagner Cultivation Corp
[{"type":"text","content":"\n KITCHENER, Ontario, Feb. 27, 2020 (GLOBE NEWSWIRE) -- James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA), announced today the grant of incentive stock options as compensation to each of its independent directors. Each of the three independent directors of the Corporation has been granted options to purchase 50,000 common shares (“Shares”) of the Corporation at an exercise price of $0.17 per share. These options vest on the date of grant and expire on February 25, 2025. A total of 150,000 Shares has been reserved for issuance in connection with the stock option grants. The stock option grants remain subject to approval of the TSX Venture Exchange. About James E. Wagner Cultivation CorporationJames E. Wagner Cultivation Corporation’s wholly owned subsidiary is a Licensed Producer under the Cannabis Regulations, formerly the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). JWC is a premium cannabis brand, focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM™. JWC began as a collective of patients and growers under the Marihuana Medical Access Regulations (the precursor to ACMPR). Since its inception, JWC has remained focused on providing the best possible patient experience. JWC is a family-founded company with deep roots planted in the local community. JWC’s operations are based in Kitchener, Ontario. Learn more at www.jwc.ca. Notice regarding forward-looking statements: This press release contains statements including forward-looking information for purposes of applicable securities laws (“forward-looking statements”) about JWC and the issuance of stock options and common shares issuable upon the exercise thereof. The forward-looking statements can be identified by the use of such words as “will”, “expected”, “approximately”, “may”, “could”, “would” or similar words and phrases. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those implied in the forward-looking statements. For example, risks include risks regarding the cannabis industry, e...