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LONDON, Sept. 12, 2019 (GLOBE NEWSWIRE) — by way of NEWMEDIAWIRE — Globe Higher Life Plc (LIFE.TO), a CBD and medicinal cannabis investment car, is pleased to announce that trading in its Ordinary Shares will commence at eight.00 a.m. now on the NEX Exchange Development Marketplace (“Admission”), below ticker LIFE and ISIN quantity GB00BK777P75. The Business will appear to recognize investment possibilities in the medicinal cannabis, hemp and CBD sectors globally with a certain interest in the UK and European markets.

The Company’s investment tactic will concentrate on markets that are internationally recognised as obtaining properly-created and respected laws and regulations relating to the study and production of medicinal cannabis, hemp and CBD, as properly as therapeutic Cannabis derivatives such as but not restricted to nutraceuticals, dietary supplements and cosmetic goods. The Directors think that there are several investment possibilities inside the CBD wellness business, the hemp business and the medicinal cannabis business.

Essential Highlights

·        On Admission the Business will have raised £2.four million and will have 110,398,091 Ordinary Shares in situation.

·        The Business will undertake due diligence on investment possibilities encompassing the breadth of the medicinal cannabis, hemp and CBD Sectors.

·        The Board will continue to monitor the worldwide deregulation of medicinal cannabis with a certain concentrate on Europe to make sure the Business is most effective placed to take benefit after deregulation happens.

·        The Directors have more than 30 years’ expertise on TSX, CSE and OTC public markets and intend to replicate verified models from their accomplishment with North American cannabis providers.

·        Funds initially readily available to the Business will be employed to meet common functioning capital needs, undertake due diligence on prospective target acquisitions and to make investments in accordance with the investment recommendations described above.

·        The Worldwide CBD industry is set to raise from $270 million in 2018 to $three.86 billion by 2025, with the worldwide healthcare cannabis industry forecast to attain $148.35 billion by 2026.

Management with a Sturdy Track of Creating Returns to Investors

Globe Higher Life was established by the Founders of Supreme Cannabis and 1933 Industries. Each providers are at the forefront of the legalised cannabis landscape in North America.

David Stadnyk – Chairman and Chief Executive Officer (Aged 56)

David is the founder and senior companion of Stadnyk & Partners, a venture capital investment firm focused on smaller cap providers in the sources, biotech and pharmaceuticals sectors, headquartered in Vancouver. He has more than 30 years’ expertise of founding and creating each public and private providers.

David has been at the forefront of the cannabis sector in Canada because 2012 and was a essential contributor to the Marijuana for Health-related Purposes Regulations which had been in spot amongst 2013 and 2016. He has been involved with a quantity of providers in the space such as The Supreme Cannabis Business, 1933 Industries, FSD Pharma and Weekend Limitless.

David previously owned the Vancouver Whitecaps soccer club and is a co-founder of the TSN 1040 Sports Radio Station in Vancouver. He serves as Chair of the Stadnyk Foundation, a not-for-profit society established to recognize and market sport philanthropy amongst athletes, coaches and executives.

Robert Payment – Chief Monetary Officer (Aged 37)

Robert is a Chartered Specialist Accountant with 12 years’ expertise in finance, reporting, regulatory needs, public firm administration, equity markets, and financing of publicly traded providers. He commenced his profession in private practise and because 2014 he has served as a consultant for a quantity of TSX Venture Exchange and Canadian Securities Exchange (CSE) listed providers.

Robert has substantial expertise in the cannabis, manufacturing, all-natural resource, and retail industries. He received a BBA from Simon Fraser University and is a member in great standing of the Chartered Specialist Accountants of British Columbia.