Invictus Closes 100% Acquisition of Canandia for $29.4 Million

Invictus MD Strategies Corp. (OTCQX: IVITF) announced on November 16th that it has closed its previously announced acquisition agreement with 0989561 B.C. Ltd. (Canandia). Invictus Strategies, through this acquisition, now has a third cannabis cultivation licenses from Health Canada.

The company also gained two large properties with cannabis cultivation facilities. The first property, Delta Facility, contains a cultivation facility, production room, and a research facility that recently was licensed through the Cannabis Act. The second property, Mission Location, contains 32 acres of land that buildings and structures can be built upon and is able to expand to 1 million sq. ft. of production capacity.

Invictus, with the close of this recent acquisition, now has a licensed cannabis producer in Alberta, British Columbia, and Ontario, which is in-line with the company’s expansion plan to meet the demand of local and international consumers. Chief Executive Officer of Invictus, George Kveton, stated, “We are continuing to expand our cultivation footprint to strengthen our ability to control a steady supply of cannabis to medical and recreational markets, both at home and abroad”.

Learn more about Invictus MD Strategies Corp. and other hot cannabis companies. See our Cannin Report and subscribe to our Weekly Cannin Chronicle for more information and a FREE stock tip.

Source

Invictus Closes 100% Acquisition of Canandia for $29.4 Million

About Cannin Investment Group: Your Pot Stocks Experts

Cannin is your trusted resource for pot stocks. Our global team of experts evaluates all emerging pot stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best pot stock investments for 2020.

Use Cannin as your resource for:

Is it too late to invest in pot stocks? No! This is the perfect time to invest.

Market analysts expect the legal cannabis industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in pot stocks is now. Are you looking to buy stock in pot companies for 2020? Interested in emerging penny pot stocks? Looking for the best Canadian pot stocks to invest in? We can help.

Are you interested in pot stocks like Curaleaf, Trulieve, Aurora Cannabis, or Canopy Growth?

Predict price movements of pot stocks several hours in advance with our proprietary algorithmic stock trading software.

+25% Gains in 2020
+49.8% Gains in 2019
108% Backtested since 2012

We’re so confident you’ll love our algotrading pot stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best pot stocks – we’ll show you how at cannin.com.

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Penny Hemp Stocks

Invictus Closes 100% Acquisition of Canandia for $29.4 Million