ANNOUNCEMENT - February 14, 2018
FURTHER TO OUR PREVIOUS ANNOUNCEMENT OF DECEMBER 18, 2017 - E-DEBIT GLOBAL CORPORATION ANNOUNCES THE ESTABLISHMENT OF CANADIAN JOINT VENTURE: NATURES WAY AGRI-BUSINESS CORPORATION .
Golden, Colorado - With Canadian legislation related to the marijuana marketplace (Bill C-45 - "An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts) passing 3rd reading and adoption on November 27, 2017 the Canadian cannabis marketplace is scheduled to expand from legislated medicinal to include recreational on a nationwide basis scheduled for the sumer of 2018 - subject to Canadian Senate approval.
E-Debit Global Corporation (OTC Markets: WSHE) ("E-Debit", WSHE" or the Company") in furtherance of its efforts to build a vertically integrated, and geographically diversified cannabis company has entered into a Canadian strategic transaction and partnership with Alberta corporation GreenSight Limited ("GreenSight') with the January 16, 2018 establishment of Alberta based Nature's Way Agri-Business Corporation ("Nature's Way") to participate within the Canadian medicinal and recreational marijuana marketplace.
The joining of E-Debit and Affordable Green Holdings, LLC and their excess of experience built on eight (8) years of medicinal and recreational marijuana history industry in the State of Washington combined with GreenSight's professional services, financial resources, business relationship referrals, equipment, property (both real and virtual) and general know-how and expertise, collectively contributes towards and constitutes a significant marijuana business initiative.
Upon the passing of Alberta Bill 26 ("An Act to Control and Regulate Cannabis") on November 16, 2017 the Corporation moved on December 7, 2017 to commence the closing of the acquisition of all the issued and outstanding shares of AGH WA, LLC a Washington State Limited Liability Company doing business as Affordable Green Holdings ("AGH"). During this same period the Corporation entered into negotiations with GreenSight to apply for Canadian production licensing and to establish a physical land footprint for production facilities which has been located within the Edmonton, Alberta region. The corporate structure of Nature's Way will find E-Debit holding forty-nine (49%) percent of the issued and outstanding shares and GreenSight Ltd. and associated Investor shareholders holding fifty-one (51%) percent of the issued and outstanding shares.
Participation within Nature's Way expands the Corporation's international network, exclusive supply arrangement and master service agreements of strong domestic and international medical and recreational cannabis brands, and the addition of an experienced team including significant depth in scientific research and market intelligence.
Initial interaction with the Edmonton area County board has met with a positive review of the production site zoning and submission of production License pursuant to Health Canada's Access to Cannabis for medical purposes regulations ("ACMPR") is under development. The license process initiates the Corporations first pahse of Canadian infrastructure development which will increase the independence of the Corporation's Canadian production and expand E-Debit's current management and services supply platform to a broad-scale production facility and vertically integrated including direct management of all of the production aspects of the marijuana industry including the capacity of growing, trimming, curing and storing product.
Issued on behalf of the Corporation's Board of Directors - Doug Mac Donald, President and CEO
2018.02.12 - WSHE information update
On Friday the 9th of February 2018 Matt asked "Anything you can share":
Q1 Is there anything that can be shared about what is going on with the buyout of AGH? Company (WSHE) has seemingly gone quite since mid December and the deal was brokered for Jan 1. Shareholders are waiting with anticipation?
Answer: We can advise the Company (E-Debit Global Corporation "WSHE") is currently working through ongoing filings and submissions with the Financial Industry Regulatory Authority ("FINRA") related and associated to our acquisition of the shares of "AGH" (Affordable Green Holdings, LLC). We are working through the submission of supporting documents to FINRA to ensure we are compliant with their time line and document requirements.
Additionally both WSHE and AGH are working through the financial reporting matters to submit WSHE financials to our Canadian based auditor and to our US based auditor to meet January 31, 2018 timeline to prepare for application for full reporting issuer status.
We will advise futher upon conclusion and response to our submissions and filings with FINRA.
PREVIOUS ANNOUNCEMENT - December 18, 2017
E-DEBIT GLOBAL CORPORATION ANNOUNCES THE CLOSING OF: Its First Strategic Move within the Licensed Marijuana Market-Place with the Acquisition of AGH WA, LLC operating as Affordable Green Holdings.
Golden, Colorado - E-Debit Global Corporation (OTC Markets: WSHE) ("E-Debit", WSHE" or the Company") is pleased to announce the acquisition (the "Acquisition") of all the issued and outstanding shares of AGH WA, LLC a Washington State Limited Liability Company doing business as Affordable Green Holding )"AGH") pursuant to the terms of a definitive stock purchase agreement (the "Stock Purchase Agreement") dated December 7, 2017 (the "Acquisition Date").
The Acquisition represents the Company's first strategic entry into the licensed marijuana market-place in the United States by providing the Company mature resources, assets and regulatory tools to help accelerate the Company's expansion with the State of Washington and to establish the foundation for jurisdictional expansion based on individual State regulatory opportunities throughout the United States.................................. (NOTE: You can access our full release by clicking on the Link below)
NOTE: You can access E-Debit Global Corporation's most recent 8K SEC/FINRA filings and historic filings by clicking on the SEC buttons below.
NOTE TO READERS AND SHAREHOLDERS- We are constantly updating our web-site to ensure the most current and ongoing corporate business reporting is available to all. The historical postings will be placed for reference within the web-site and can be accessed on the related buttons on the front page. For full transparency you can access our historical front page postings by clicking on the About Us button above.
NOTE: FOR AN OVERVIEW OF AGH's BUSINESS OPERATIONS CLICK ON THE BOX AND RELATED LINKS BELOW
You can access our SEC Form 15 filing by clicking above.
December 18, 2017 - Administration - With the announcement of the Acquisition of AGH WA, LLC as per the Company's WSHE-FINRA (the Financial Industry Regulatory Authority) posted correspondence the Company has completed the full administrative and operational agenda outlined and approved at our Shareholder meeting on March 27, 2017. You can access all related correspondence by going to our About Us page and clicking on WSHE-FINRA related buttons.
E-Debit Global Corporation from 2001 through to March 2014 was a publicly listed company and reporting issuer with the SEC and Alberta/British Columbia
E-DEBIT GLOBAL CORPORATION
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