Construction at Invictus' AB Labs is Progressing on Schedule – Markets Insider

VANCOUVER, June 6, 2018 /PRNewswire/ – INVICTUS MD STRATEGIES CORP. (“Invictus” or the “Company”) (TSXV: GENE; OTC: IVITF; FRA: 8IS1) announced today that construction of the Phase 2 expansion at AB Laboratories Inc. (“AB Labs”) remains on-schedule. The retrofit is well underway with construction of the second-floor mezzanine to commence as early as next week. The Phase 2 facility, located adjacent to Phase 1, will add 40,000 square feet to the current operations and increase total cultivation space to 56,000 square feet. The 16,000 square foot Phase 1 facility continues to operate at full capacity and successfully completed its second transfer of 63 kg of dried cannabis to Canopy Growth Corporation’s (TSX: WEED) Tweed’s elite CraftGrow line, on April 9, 2018.

In addition, the building permit requirements for AB Ventures Inc. (“AB Ventures”) are near completion and construction of the facility is expected to begin within the next 60 days. AB Ventures owns 100 acres of land near Hamilton, Ontario, to be used for future cannabis cultivation. In preparation for the build-out, the Company has provided $3 million in funds

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