Target Group Inc. Signs Multi-Year Agreement With Cannavolve Inc.
December 13 2018 - 9:30AM
InvestorsHub NewsWire
Target Group Inc. Signs Multi-Year Agreement With Cannavolve Inc.
as Representative to Sell Recreational Cannabis-Derived Products
Across Canada
Toronto, ON -- December 13, 2018 -- InvestorsHub NewsWire
-- Target Group Inc. (OTCQB: CBDY) (the
“Company”) announced that it has entered into a
multi-year sales partnership with Cannavolve Inc. to support
their adult use Cannabis sales within Canada after
legalization on October 17th. Cannavolve's experienced team
and national agency scope will offer Target Group access to all
licensed cannabis retailers across Canada in both
government and private channels.
"We are so excited to partner with Target Group. Few companies
bring such an innovative and vertically integrated approach to the
cannabis space. With their global partnership with the highly
acclaimed Dutch seed bank Serious Seeds, world class cultivation
and processing facilities managed through their Canary division,
and the development of ground breaking accessories such as WISP,
Target Group will play a leading role in how consumers enjoy
cannabis products,” says Cannavolve Partner Trace Hanlon.
"Cannavolve has been growing consistently and our sales team is
highly motivated to expand Target’s distribution in both
recreational and medical cannabis products and solutions."
The team will regularly call on retail stores maximizing market
share through staff education, distribution compliance, and
point-of-sale marketing. Cannavolve Inc. is a dynamic team of
executive level professionals from the Canadian beverage alcohol
industry with a combined 40+ years’ experience successfully
navigating government networks and regulatory compliance in
controlled substances. With their expertise in retail execution,
brand building and sales / marketing strategies, they will assist
Target and its subsidiaries with sales and marketing across
Canada.
About Cannavolve Inc.
Cannavolve is an independent, recreational cannabis sales and
marketing agency established to represent Licensed Producers and
Licensed Processors of quality-assured cannabis, and global
suppliers of cannabis accessories. Cannavolve offers a choice
of national or regional licensed non-medicinal retail field
coverage, innovative, compliant marketing solutions and government
board navigation services. By leveraging analytic data,
extensive B2B experience and a best in class sales team, Cannavolve
delivers results for our suppliers and retail partners through
custom tailored commercial strategies and execution. Cannavolve
operates nationally with regional offices in Halifax, Montreal,
Toronto, Calgary and Vancouver. For more information, visit
Cannavolve.ca
About Target Group Inc. (OTCQB: CBDY)
Target Group, Inc. is a diversified and vertically integrated
progressive company with focus on both national and international
presence. The Company operates a wholly-owned late stage Canadian
licensed producer regulated under Health Canada’s Access to
Cannabis for Medical Purposes Regulations (ACMPR): Canary RX, which
operates a 44,000 square foot facility located in Norfolk County,
Ontario. The Company has begun structuring multiple international
production and distribution platforms and intends to continue
rapidly expanding its global footprint as it focuses on building an
iconic brand portfolio whose focus aims at developing cutting edge
Intellectual Property among the medical and recreational cannabis
markets. Target Group is committed to building industry-leading
companies that transform the perception of cannabis and responsibly
elevate the overall consumer
experience. www.targetgroupinc.ca
Forward-Looking Statements
Disclaimer: This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can
identify forward-looking statements by the following words:
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "should," "will," "would," or the negative of these
terms or other comparable terminology, although not all
forward-looking statements contain these words. Forward-looking
statements are not a guarantee of future performance or results,
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time the statements are made and involve known and unknown
risks, uncertainties and other factors that may cause our results,
levels of activity, performance or achievements to be materially
different from the information expressed or implied by the
forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company
that are contained in the Edgar Archives of the Securities and
Exchange Commission at www.sec.gov.
Rubin Schindermann Chief Executive Officer 647 927 4644
Target (PK) (USOTC:CBDY)
Historical Stock Chart
From Jul 2024 to Jul 2024
Target (PK) (USOTC:CBDY)
Historical Stock Chart
From Jul 2023 to Jul 2024