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Slide #35. Tweed Marijuana Inc. — Medical marihuana seeds and plants from certain growers licensed under the Marihuana Medical Access Regulations
Tweed Marijuana Inc. (LWI.H.CA)
Medical marihuana seeds and plants from certain growers licensed under the Marihuana Medical Access Regulations
Tweed Marijuana Inc. ("Tweed Marijuana") (TSXV: LWI.H) announced today that its wholly-owned subsidiary Tweed Inc. ("Tweed") has completed an acquisition of medical marihuana seeds and plants from certain growers licensed under the Marihuana Medical Access Regulations (MMAR) in advance of the April 1, 2014 deadline for transfers to occur. The Marihuana for Medical Purposes Regulations (MMPR) allowed for the transfer of seeds and plants from growers licensed under the MMAR up until the end of March 2014 with authorization from Health Canada. With the requisite Health Canada authorizations, Tweed has completed transactions with a number of growers licensed under the MMAR whereby it has acquired over 60 new strains of medical marihuana so that patients who choose to obtain medical marihuana from Tweed can benefit from a wide variety of choices. With the addition of the newly acquired strains, Tweed will have over 80 strains it can offer patients.
LW Capital Pool is engaged in the identification and evaluation of assets or businesses with a view to completing a qualifying transaction under relevant policies of the TSX Venture Exchange. Co. has no commercial operations and its only significant assets are financial instruments all of which are held in Canada. Co.'s ability to realize its assets and discharge its liabilities is dependent upon its ability to identify, evaluate and successfully negogiate a qualifying transaction. Proceeds from the sale of all securities are restricted by various CPC policies.
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