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Vatic Ventures Corp. (the “Company” or “Vatic”) (TSXV:VCV, OTCBB:VTTCF, and FWB:V8V2) Vatic announces that it is actively evaluating opportunities in the legal cannabis space as an effective means to enhance shareholder value at a time when mineral prices and mineral resource investment are languishing.
Vatic Ventures Corp. (the “Company” or “Vatic”) (TSXV:VCV, OTCBB:VTTCF, and FWB:V8V2) Vatic announces that it is actively evaluating opportunities in the legal cannabis space as an effective means to enhance shareholder value at a time when mineral prices and mineral resource investment are languishing.
Management is of the view that although there is an excessive amount of participation and competition in certain areas of the cannabis industry there continues to be tremendous potential to develop business models which embrace unique and profitable approaches to the sector.
Vatic is evaluating investments involved with the legal cannabis industry including cannabis growing facilities, extraction, processing, cannabis-infused products and dispensaries (retail and e-commerce) for both medical and recreational use. At the present time the Company does not have any agreement, understanding or otherwise with respect to any investment in any cannabis operation. Such investment, if agreed to, will be subject to future public disclosure and regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS.
Tom Wilson, Director.
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp (www.vaticventures.com) is a junior exploration company exploring and developing potash licenses in Thailand.
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.” The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.
Source: www.stockwatch.com