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Hydropothecary Corporation started trading on the TSX Venture Exchange under the symbol THCX

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The company is licensed under the Access to Cannabis for Medical Purposes Regulations to cultivate and sell marijuana seeds, plants and dried marijuana product and to produce marijuana oils, marijuana resins and fresh marijuana products from its facilities located in Gatineau, Québec.

Additional Information:

Company: The Hydropothecary Corporation
Website: http:// www.thehydropothecary.com
Stock Symbol: TSXV: THCX
Date Published: Mar 21, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

The Hydropothecary Corporation started trading on the TSX Venture Exchange under the symbol THCX, following approval of its qualifying transaction with Capital Pool Company “BFK Capital”.

The company is licensed under the Access to Cannabis for Medical Purposes Regulations to cultivate and sell marijuana seeds, plants and dried marijuana product and to produce marijuana oils, marijuana resins and fresh marijuana products from its facilities located in Gatineau, Québec.

Hydropothecary's branding, marijuana product offering, patient service standards and product pricing are consistent with THC's positioning as a premium brand for a legal source for medical marijuana within this new marketplace.

In addition to medical marijuana production and sales, Hydropothecary explores various research and development opportunities for cannabinoid extracts, drugs and combinatory chemistry.

The company is also investigating the development and patenting of novel technologies related to medical marijuana, as well as the import and export of medical marijuana.

Sebastien St-Louis, Co-Founder and CEO, stated: “Today, we are making history as Quebec's first and only licensed producer of medical marijuana. From our early beginnings in 2013 to today, our company has proven that industry-leading innovation, uncompromising quality and concierge service are a winning combination."

The company recently completed a brokered private placement through Canaccord Genuity of 3,335,000 shares at $4.50 per share.

These shares have been split with each shareholder receiving 6 new shares for each share held.

The shares are trading at $1.68 and with 70.3 million shares outstanding, the company is capitalized at $118 million.

For a more information, please visit the company’s website www.thehydropothecary.com, contact Sebastien St-Louis, CEO, at 1-866-438-8429 or email invest@THCX.com.