Alliance Growers Corp.(CSE:ACG; FWB:1LA) is pleased to announce that its business partner, Botanical Research In Motion Inc. (“BRIM”), is in final stages of the offering process for purchase of a 20 acre property for the Cannabis Botany Centre in Mission, British Columbia (“B.C.”) with an expected closing date within 30 days.
Once the property is fully secured, the application process will begin immediately. BRIM and Alliance Growers will work together to finance the construction of the facility, now that BRIM has agreed to finance the purchase of the land. The selected property consists of 20 acres of land near Mission, B.C., with some of the best water quality in the Greater Fraser Valley. This property has zoning that is approved for Health Canada Licenced Producer facilities. Located in the Fraser Valley Agricultural Belt, just 75 minutes East of Vancouver, this property is ideal for the Cannabis Botany Centre. Mr. Wojcik, CEO OF BRIM, has previously received approval from the municipality under the former MMPR regulations for use in this area on a different project.
Dennis Petke, Alliance Growers’ President and CEO commented “We are very pleased with BRIM’s proposal to purchase the land as part of a new partnership with Alliance Growers to develop the Cannabis Botany Centre. This paves the way for Alliance Growers to move full speed ahead with its various financing initiatives to do its part to provide the financing required for construction of the facility.”
The Cannabis Botany Centre will utilize the proprietary Chibafreen Invitro Plant Production System, which assures consistent composition and purity for each plantlet, and proprietary Cryotissue Cold Storage technology. The first Cannabis Botany Centre is the staged development of a 40,000-square foot facility to be located in Mission, B.C.. The facility will be the first of its kind in Western Canada to include a DNA Botany lab, extraction facility and tissue culture plantlet production facility. The Botany Centre will have the ability to not only service the cannabis market, but other plant-based agricultural markets as well.
Alliance Growers’ Cannabis Botany Centre will offer customers:
- Disease free, genetically perfect plantlets to growers of all sizes
- Botanical DNA services for certifying plant tissue at the genetic level
- Cold storage technology for tissue culture preservation; and
- Extraction services for CBD oils for retail markets.
Alliance Growers is building strategic partnerships and distribution networks to secure long-term plantlet supply contracts and flower off-take agreements for CBD oil extractions.
About Alliance Growers
Alliance Growers Corp. is a diversified cannabis company driven by the Company’s ‘Four Pillars’ Organization Plan – Cannabis Botany Centre, Strategic ACMPR Investments, CBD Oil Supply and Distribution, and Research and Development.
Alliance Growers is finalizing a new business partnership with Botanical Research In Motion Inc., to jointly develop and operate a 40,000 square foot facility to be the first of its kind in Western Canada to house a DNA Botany lab, extraction facility and Tissue Culture Plantlet Production facility to service the Cannabis market and agriculture market in general. The proposed Cannabis Botany Centre will grow Cannabis plantlets using proprietary tissue culture propagation, specifically the “Chibafreen Invitro Plant Production System”, which assures consistent composition and purity of each plantlet for the growers.
Further, Alliance Growers has been negotiating to obtain other exclusive Canadian distribution agreements for certain proprietary products for support of the Cannabis growing industry in addition to possible partnerships with Licensed Producer Applicants at various stages in the Health Canada License process.
For further information, please visit the Company’s corporate website at www.alliancegrowers.com or the Company’s profile at www.sedar.com.
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On behalf of the board of directors of
ALLIANCE GROWERS CORP.
President and CEO
For more information contact:
Corporate Communications Consultant
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FORWARD LOOKING INFORMATION
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. More particularly and without limitation, the news release contains forward-looking statements and information relating to Company’s corporate strategy. The forward-looking statements and information are based on certain key expectations and assumptions made by management of the Company, including, without limitation, the Company’s ability to carry out its business plan. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct.
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