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File: THC - Press Release - License for Retail Stores(00988809x9DEBD).doc
THC BIOMED INTL LTD.
P.O. Box 20033 Towne Centre
Kelowna, B.C. V1Y 9H2
www.thcbiomed.com
THC Enters into License Agreement for THC2GO Retail Stores
THCCSE THCBF - OTC TFHC.F
Vancouver, British Columbia (April 24, 2018) THC BioMed Intl Ltd. (CSE: THC), ("THC" or the "Company") THC announces t
--->he completion by its wholly-owned subsidiary, THC2GO Dispensaries Ltd., of a 5-year license agreement with Bhang & Sha
--->tter, an Alberta company for the operation of up to two retail stores in Alberta, Canada.
The non-exclusive license will allow Bhang & Shatter to sell cannabis products, using branding and trademarks, includi
--->ng trademark applications, for five (5) years for up to two retail stores in Alberta, Canada. In exchange, THC will re
--->ceive 2% of the gross revenues of the retail outlets.
THC will also provide marking support programs and market development fund programs to Bhang & Shatter.
Bhang & Shatter has made the application to the government of Alberta for a license to operate a retail store in Calga
--->ry and will make its corresponding application to the City of Calgary on Tuesday, April 24th.
About THC
THC is an ACMPR Licensed Producer and a supplier of legal Cannabis Genetics. THC also produces and sells dried and fre
--->sh marijuana and cannabis oil for medical purposes. THC is on the leading edge of scientific research and the developm
--->ent of products and services related to the medical cannabis industry. Management believes THC is well-positioned to b
--->e in the forefront of this rapidly growing industry.
Please visit our website for a more detailed description of our business and services available. www.thcbiomed.com
President and CEO:
John Miller
THC Biomed Intl Ltd.
T: 1-844-THCMEDS
E: info@thcbiomed.com
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the acc
--->uracy of the contents of this release.
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, conc
--->erning the business of THC. Forward-looking information is based on certain key expectations and assumptions made by
--->the management of THC. In some cases, you can identify forward-looking statements by the use of words such as "will,"
--->"may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "cont
--->inue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or simi
--->lar expressions. Although THC believes that the expectations and assumptions on which such forward-looking informatio
--->n is based are reasonable, undue reliance should not be placed on the forward-looking information because THC can give
---> no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made
---> as of the date of this press release and include that: (a) Bhang & Shatter will obtain a retail license and open one
---> or more retail stores in Alberta, Canada and, (b) THC will be in the forefront of this rapidly growing industry.
THC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new
--->information, future events or results or otherwise, other than as required by applicable securities laws.
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