FOR IMMEDIATE RELEASE
TORONTO, ONTARIO – November 18, 2019 – Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE) is pleased to announce its participation in Cannabis Invest UK, taking place on November 18, 2019 in London, England. Cannabis Invest UK is an exclusive event bringing together the world’s leading cannabis companies with Europe’s institutional and high net worth investors, and cannabis industry stakeholders. The event is taking place at the Langham Hotel and will provide attendees the opportunity to meet with top tier emerging cannabis companies totaling over $5 billion of market capitalization, and learn about key issues and trends in this transformational industry.
Francisco Ortiz von Bismarck, Co-Founder and CEO, will present at the conference, and will be available for scheduled one-on-one meetings.
Conference details may be found at: https://www.bloompoint.co.uk/.
About Terrace Global
Terrace Global is a multi-country operator (MCO) led by experienced cannabis entrepreneurs focused on the development and acquisition of international cannabis assets. Terrace Global’s focus is on federally legal jurisdictions with existing domestic demand, low cost inputs and approved for exportation. Terrace Global’s existing asset platform consists of: (1) a 33.75% equity interest in one of two recreational cannabis operations in Uruguay; (2) 100% of Oransur, S.A., a Uruguayan company producing high CBD hemp in Uruguay; (3) 100% of Terra Nova Produção e Comercialização de Produtos Natuis e Farmacêuticos, Lda, a Portuguese company with a pre-license issued by INFARMED for the cultivation, importation, and exportation of medical cannabis in Portugal; and (4) 100% Pharmabinoide S.L., a Spanish company producing and commercializing hemp in Spain. Terrace Global has a strategic partnership with MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator in the U.S., dedicated to improving the health and wellness of people through the use of cannabinoids and cannabis products.
For further information regarding Terrace Global, please contact:
Terrace Global Inc.
Francisco Ortiz von Bismarck, CEO and Director
Investors are cautioned that, except as disclosed in the non-offering prospectus to be prepared in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.
This news release contains certain forward-looking statements, including, but not limited to, statements about the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.