MONTREAL, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Canapur.ca, a start-up medical cannabis grower, distributor, and researcher launches the first ever distribution of shares via crowdfunding portal GoTroo.com. Individuals can invest as low as $500 to acquire shares in the company that was first incorporated 3 years ago to service the growing cannabis industry. Limited shares are available for a funding campaign that launched February 21, 2017 and runs for 90 days or until fully funded.
Website: www.canapur.ca
“Two of my aunts, too many of my wife’s relatives and so many other people we know have died of cancer. I’ve met people who’ve told me they’ve cured themselves of advanced stages of cancer using some form of cannabis or another. I wish my family would have had access to it instead of the life-destroying chemo or radiation that was available. Used cautiously and with traditional medical methods, the outcome might have been very different.
With the Canadian Government release of the recent report on Cannabis Legalization, government regulation is about to change and experts agree the time has never been better to invest in this industry. The crowd has been pushing for it for years and supported by good regulation and controls, cannabis will finally be available to everyone. Backed by crowdfunding, even the investment in this industry will be available to everyone. I’m excited to be a part of this changing social landscape through Canapur.” – Richard Garvis, CEO, Canapur.ca
About Canapur.ca:
Canapur.ca is a start-up cannabis production and distribution company based in Montreal, Quebec. Founded in 2014, Canapur has developed a manufacturing strategy that they expect will grab a substantial segment of the upcoming $7 Billion cannabis market. (Source Deloitte: https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/Analytics/ca-en-analytics-DELOITTE%20Recreational%20Marijuana%20POV%20-%20ENGLISH%20FINAL_AODA.pdf ). Contact them via website at Canapur.ca, or by phone at 514-600-4990
More information:
Why crowdfunding?
Crowdfunding is a rapid way to raise financing and to gain popularity. Companies can issue securities under special legislation set up by regulators, and they must meet certain criteria to be eligible. The projects are best for companies that cater to issues that are foremost on everyone’s mind. Throughout the world popular social movements support the use of cannabis for medical and recreational purposes. People are looking for ways to invest. “Canapur was created with one idea in mind - that of making a company from the crowd. We want Canapur to be carried by this social movement and the public is part of our DNA from day 1.” – Jean-Sébastien Drolet, COO and General Counsel, Canapur.ca
Why Quebec?
With 760,000 recreational users, Quebec is the second largest consumer of cannabis in Canada after Ontario according to Statistics Canada. And currently, among the 38 authorized medical cannabis producers in Canada, there is only one in Quebec! With legalization coming, the cannabis market is expected to grow rapidly and producers in Quebec are not well positioned to take advantage of it at this time. “Canapur is first and foremost a Quebec company and it will fill the need for quality, locally grown product” – Jean-Sébastien Drolet, COO and General Counsel, Canapur.ca