VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX.V:CBW) ("Wheaton Income" or the "Company") is pleased to announce that it was awarded Startup of the Year at the 2017 Canadian Cannabis Awards gala held at The Carlu in Toronto. The Canadian Cannabis Awards are an annual celebration recognizing the people, companies and products that make it great. The majority of awards were decided by the public and a select committee of industry stakeholders selected winners in the following categories: Product of the Year, Lifetime Achievement Award, Top Charitable Initiative, Most Progressive Canadian Researcher, Startup of the Year and many more. Company Chairman and CEO Chuck Rifici also won the Innovator of the Year Award.
Hugo Alves, President of Wheaton Income, stated, “When we started Wheaton Income, one of the primary drivers was to build a company that brought value to the industry, our shareholders and to us as individuals. Being recognized as Startup of the Year at the CCA’s is not only a feather in our cap but validates all of the work our team has put in to creating this company. We feel that the momentum has just begun for us and the coming year will truly be the proving ground as we continue to execute and deliver on our strategy.”
Chuck Rifici, Chairman and CEO of Wheaton Income, stated, “Winning Innovator of the Year was a great surprise and I am honoured by the recognition. I share this honour with the Wheaton team, who received Startup of the Year. We’ve built a group of friends and professionals who all want to work together and with others to build companies, products and services that will make our industry better. We are grateful to be recognized for something we all get such satisfaction from, along with them, I want to thank LIFT and everyone who supported us.”
ON BEHALF OF THE BOARD
"Chuck Rifici" Chairman & CEO
About Wheaton Income. (TSX.V:CBW)
Wheaton Income is a collective of entrepreneurs with a passion for the cannabis industry past, present and future. Our mandate is to facilitate growth for our partners by providing them with financial support and sharing our collective industry experience. Our partners all have different visions, voices and brand values, and all share a common goal—to build a world-class industry based on ethics, diversity, quality and innovation.
Stay Connected:
For more information about Cannabis Wheaton and our management team, please visit: http://www.wheatonincome.com, or follow us on Twitter @WheatonIncome. Call: 1.604.687.7130 Email: Mario@skanderbegcapital.com (http://www.skanderbegcapital.com).
Media Contact:
Sarah Bain, VP External Affairs
Email: sarah@cannabiswheaton.com
Phone: 613.230.5869
Forward-Looking Information
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward-looking information includes, but is not limited to: regulatory or political change, the ability to generate revenue through the streaming agreements, requirements to obtain additional financing, timeliness of government approvals for granting of permits and licences, including licences to cultivate and sell cannabis, completion of the facilities, where applicable, actual operating performance of the facilities, competition and other risks affecting the Company in particular and the cannabis industry generally. Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward -looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release