Mr. Randy Miller reports
INSPIRATION UPDATES PROPOSED ACQUISITION OF COMPASSION CANNABIS
Inspiration Mining Corp.'s continuing negotiations with Compassion Cannabis Corp. and the related due diligence is going very well and ahead of the targeted date. The corporation has commenced discussions pertaining to the terms and conditions of a proposed share exchange agreement and the resulting structure of the corporation's board of directors.
Compassion is a private Ontario company which has expertise to forward various facets of the explosive new market of the marijuana industry, including but not limited to the vape market and dispensary centres for the industry. The corporation believes that this is an extremely lucrative space with tremendous demand in the medical cannabis industry.
The cannabis market is growing exponentially every day with new and exciting innovations in the industry. Compassion has narrowed down its possible research and development locations to Portugal, United Kingdom or Switzerland. The upcoming legalization of cannabis in Canada has almost become a reality, and is expected to do so in the upcoming months.
Compassion is contemplating applying for a multijurisdictional licence to give the company the opportunity to exploit its future endeavours. The corporation is quite confident that with the expertise it has around it, that it will be successful in its application.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.