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Alliance Growers (CSE: ACG) New Listing

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The company currently holds 45% of the issued and outstanding shares of BC Maramed Production Ltd., the owner of a leasehold interest and equipment for an 11,000 square foot production facility in Kelowna, British Columbia. BC Maramed Production is in the process of applying to become a Licensed Producer of medical marijuana under Health Canada’s new Marihuana for Medical Purposes Regulations.

Additional Information:

Company: Alliance Growers
Website: http://alliancegrowers.com/
Stock Symbol: CSE: ACG
Date Published: Jun 25, 2015
Transcript: Available

Video Transcript:

I’m Amanda Rose Schellenberg for Investmentpitch Media

Alliance Growers is one of the latest new listings on the Canadian Securities Exchange, and is trading under the symbol “ACG”.

The company currently holds 45% of the issued and outstanding shares of BC Maramed Production Ltd., the owner of a leasehold interest and equipment for an 11,000 square foot production facility in Kelowna, British Columbia.

BC Maramed Production is in the process of applying to become a Licensed Producer of medical marijuana under Health Canada’s new Marihuana for Medical Purposes Regulations.

The remaining 55% interest in BC Maramed will be transferred to the company if and when it receives the approved Production License from Health Canada, with Alliance Growers issuing another 6.6 million shares at that time.

The agreements with the remaining shareholders of BC Maramed terminate on December 31, 2015.

The shares are trading at $0.10 and with 25.1 million shares outstanding, the company is capitalized at $2.5 million.

For more information please visit the company website www.alliancegrowers.com, contact Charles Carleton, President & CEO, at 778-478-7480 or email contact@alliancegrowers.com.

I’m Amanda Rose Schellenberg for Investmentpitch Media
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