WeedMD and Pita Pit Launch Pioneer Cannabis Corp..

WeedMD and Pita Pit Launch Pioneer Cannabis Corp..

WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally-licensed manufacturer and distributor of medical-grade cannabis, alongside Pita Pit Canada, a privately-owned Canadian fast casual franchise eatery with over 600 stores worldwide, including over 225 stores in Canada, are very happy to announce the national launch of retail services provider, Pioneer Cannabis Corp.  

Taking inspiration from its founders, Pioneer provides a platform for Canadians with an entrepreneurial spirit and the goal of owning and operating their own cannabis retail shop. Pioneer provides retailers with a variety of services such as but not limited to identifying places, providing assistance with licensing and security procedures, point of sales and payment systems, marketing services, and training platforms which will consist of cannabis educational applications – each in accordance with the distinctive regulatory environment in each state and municipality.

Pioneer’s operations are being directed by President Kristie Smith, who brings over eight decades of experience as a senior executive in Pita Pit. Most recently, she was responsible for directing many aspects of the retail services business including development, franchising and operations. Kristie has been integral to the growth of the Pita Pit enterprise.

Chief Executive Officer Jordan Schwartz has extensive experience managing start-up businesses and other dynamic environments and has held several executive roles including most recently managing director at Serruya Private Equity where he oversaw acquisitions, investment and asset management of numerous retail, property and consumer product businesses.

Alexander Liszka, Chief Development Officer, has more than 12 decades of experience advising public and private clients across the planet on acquisitions, commercial structures, job development and regulatory compliance. Most recently Alex was senior legal counsel at IBI Group Inc., a global architectural, engineering, design and technology firm.

Together, Kristie, Jordan and Alex bring more than 35 years of combined entrepreneurial, retail, franchise, development and marketing experience.

“Pioneer brings an opportunity to those entrepreneurs interested in joining the cannabis business, but who might not have the financial backing or the operational experience to pursue opening their own retail cannabis shop,” said Kristie Smith, President of Pioneer Cannabis. “Through this cooperation of established Canadian companies, we’re paving the way for small businesses to participate in the emerging retail cannabis space which will promote local economic growth and opportunities. ”

“The partnership between Pita Pit, which has helped many small business owners realize their dreams through proprietorship, and WeedMD, a trusted premium cannabis manufacturer and distributor, will help entrepreneurs start up and operate their own stores safely and efficiently,” said Keith Merker, CEO of WeedMD. “We’re excited to be a part of the opportunity and, together with Pita Pit, we anticipate Pioneer setting the standard for the Canadian cannabis retail experience. ”

“We’re enthusiastic about this special opportunity to apply our retail development and operating expertise to support finding the ideal people and retail locations for this different business as it unfolds in an exciting, rapidly emerging industry,” said Chris Fountain, CEO of Pita Pit. “We care about our communities – in which we live and do business. We’re excited for the chance to step up and be responsible stewards inside a system which will benefit from participants that are of the highest integrity and are committed to the well-being of the people within these communities. ”

Pioneer will pursue retail opportunities province by province in accordance with prevailing cannabis retail regulations. For additional information, visit the Pioneer site www.pioneercannabis.com

About Pioneer Cannabis Corp..

Pioneer Cannabis Corp. is a retail services provider resulting from a collaboration by two industry-leading Canadian firms, WeedMD Inc., a trusted licensed cannabis manufacturer, and Pita Pit Canada, a franchising and brand expert, to create opportunities for everyday Canadians to realize their dreams of owning and operating their own cannabis retail shop.  The values of Pioneer are rooted in community and providing small business owners with the opportunity to flourish and contribute to their community economy. We’re pioneers of cannabis retail, supporting businesses from the ground up and setting the standard for Canadian cannabis retail.

About WeedMD Inc..

WeedMD Inc. operates two facilities: a 26,000 sq. ft. indoor facility in Aylmer, Ontario and a state-of-the-art greenhouse facility located in Strathroy, Ontario. The greenhouse currently has 110,000 square feet of accredited space in production and is expected to have a total footprint of more than 550,000 square feet online in early 2019. WeedMD has a multi-channeled distribution strategy that includes supply agreements with Shoppers Drug Mart and provincial distribution agencies, as well as through strategic relationships across the seniors’ market in Canada.

To find out more, get WeedMD’s investor presentation here and recently updated corporate video here.

About Pita Pit

Founded in 1995 at Kingston, Ontario near Queen’s University, Pita Pit® is an innovative fast casual restaurant with a special mindset which challenges consumers to Refuse to Settle&commerce; for anything less than quality, wholesome, freshly grilled food. Now boasting more than 600 stores across North America and internationally across 13 countries, Pita Pit provides its clients countless ridiculously tasty, customizable flavour mixes of grilled meats, fresh vegetables, and zesty sauces all rolled into a unique and convenient pita package. To find out more about Pita Pit, see www.pitapit.ca/consumer or www.facebook.com/pitapitcanada.

Released at Fri, 11 Jan 2019 16:01:52 +0000

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