FSD Pharma Begins Construction of Heritage Museum and Flagship Dispensary in Ontario
09 Octubre 2018 - 7:00AM
InvestorsHub NewsWire
Cobourg, Ontario --
October 9, 2018 -- InvestorsHub NewsWire -- FSD Pharma
Inc. (“FSD Pharma” or the
“Company”) (CSE: HUGE) (OTCQB: FSDDF) (FRA:
0K9) is pleased to announce that construction has
commenced of its heritage museum and flagship dispensary at the
former Kraft plant in Cobourg, Ontario, headquarters of its
wholly-owned subsidiary FV Pharma Inc. (“FV
Pharma”). Local politicians and media will be in
attendance at the ribbon-cutting ceremony on October 9, 2018 at
11:30 EST in Cobourg at the Head office located at 520 William
Street. Honoured invited guests include Cobourg Mayor Gil Brocanier
who will be in attendance and the Hon. Kim Rudd, MP for
Northumberland and Peterborough South who is expected to attend.
All national media are welcome with media
credentials.
Thomas Fairfull, President and CEO of FSD
Pharma stated, “We welcome politicians and media to this momentous
event where we begin converting the historic Certo building located
at the former Kraft plant into a heritage museum and on-site
dispensary. The Certo building is an important part of Cobourg’s
history and the Company intends to preserve this unique
building.”
The former Certo building was
the first in the British Empire to make commercial grade pectin
that was sold under the product name of “Certo” and is estimated at
over 100 years old. The property is listed on the municipal
heritage register as a property of cultural heritage value. Last
year, Cobourg City Council endorsed several recommendations,
including the designation of the Certo building under the Ontario
Heritage Act as a building of cultural heritage value.
“Today, we also begin
construction of our flagship on-site dispensary, an important
component of our business plan as we sit on the brink of adult-use
legalization on October 17, 2018. The Company is preparing in
earnest for sales of our high quality, indoor grown and
pharmaceutical grade product, which will be available for sale
shortly,” continued Fairfull.
About FSD Pharma (CSE: HUGE) (OTCQB: FSDDF) (FRA:
0K9)
FSD Pharma through its wholly-owned subsidiary FV Pharma, is a
licensed producer of marijuana under the Access to Cannabis for
Medical Purposes Regulations (ACMPR) having received its
cultivation license on October 13, 2017. Headquartered at the
former Kraft plant in Cobourg, Ontario, approximately an hour's
drive from Toronto, FV Pharma management's mission is to transform
the facility into the largest hydroponic indoor cannabis facility
in the world. FV Pharma intends to target all legal aspects of the
cannabis industry, including cultivation, processing,
manufacturing, extracts and research and development.
Forward-Looking
Information
Certain statements
contained in this press release constitute forward-looking
information. These statements relate to future events or future
performance. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated" and similar
expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on the Corporation's current belief or
assumptions as to the outcome and timing of such future events.
Actual future results may differ materially. In particular, this
release contains forward-looking information relating to the
development of the Corporation's indoor cannabis facility and its
business goals and objectives. The forward-looking information
contained in this press release is made as of the date hereof, and
the Corporation is not obligated to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, investors should not place undue
reliance on forward looking-information. The foregoing statements
expressly qualify any forward-looking information contained
herein.
Additional Information
Thomas Fairfull, President and CEO
Email: thomas.fairfull@fvpharma.com
Telephone: (905) 686-7079
Contact
Information
Investor Relations
Email: IR@fsdpharma.com
Website: www.fsdpharma.com
Neither the
Canadian Securities Exchange nor its regulation services provider
accept responsibility for the adequacy or accuracy of this
release.
SOURCE FSD Pharma
Inc.
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