FSD Pharma Hits Over 4 Billion Shares Traded in First 6 Months
03 Décembre 2018 - 1:30PM
InvestorsHub NewsWire
FSD PHARMA HITS OVER 4 BILLION SHARES TRADED IN
FIRST 6 MONTHS
Toronto, ON -- December 3,
2018 -- InvestrorsHub NewsWire -- FSD Pharma Inc. (“FSD” or the
“Company”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9)
announced today that the Company has traded over four Billion Class
B subordinate voting shares in its first six months of trading on
the Canadian Securities Exchange (“CSE”). During the period of May
29, 2018 to November 29, 2018, the Company traded exactly
4,041,346,300 Class B subordinate voting shares on the CSE. This is
the largest total quantity of share volume ever traded by a CSE
listed issuer within one year of consecutive days of trading as
confirmed by the CSE.
The
Company wishes to again thank all its shareholders and stakeholders
for their support to date, which has resulted in another
record-breaking launch into the Canadian cannabis
marketplace.
About FSD
Pharma
FSD Pharma is focused on the
development of the highest quality indoor grown, pharmaceutical
grade cannabis and on the research and development of novel
cannabinoid-based treatments for several central nervous system
disorders, including chronic pain, fibromyalgia and irritable bowel
syndrome. The Company’s phase one growth plan involves the
development of 25,000 square feet of indoor grow space at its
Ontario facility and an additional 220,000 square feet, which
pending approval by Health Canada, is expected to be operational in
the first quarter 2019.
FSD facilities sit on 72 acres of
land with 40 acres primed for development and an expansion
capability of up to 3,896,000 square feet.
FSD’s wholly-owned subsidiary, FV
Pharma, is a licensed producer of cannabis having received its
cultivation license under the Access to Cannabis for Medical
Purposes Regulations (ACMPR) on October 13, 2017 and is now
operating under the recently enacted Cannabis Act. FV Pharma vision
is to transform its current headquarters in a Kraft plant in
Cobourg, Ontario into the largest hydroponic indoor grow facility
in the world. FV Pharma intends to cover all aspects of this
exciting, new industry, including cultivation, legal, processing,
manufacturing, extracts and research and
development.
Forward-Looking
Information
Neither the Canadian
Securities Exchange nor its regulation services provider accept
responsibility for the adequacy or accuracy of this
release.
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:
Zeeshan Saeed, President and
Founder, FSD Pharma Inc.
Email: zeeshan@fsdpharma.com
Telephone: (416)
854-8884
Investor
Relations
Email: IR@fsdpharma.com
Website: www.fsdpharma.com
Media
Relations
Ned
Berkowitz
Email: Ned.Berkowitz@russopartnersllc.com
Tel: (646)
942-5629
SOURCE FSD Pharma
Inc
FSD Pharma (CSE:HUGE)
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