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Facilities Facilities

Health Canada Grants Cultivation License to Grey Bruce Farms, Doubling GTEC's Production Capacity

KELOWNA, BC – July 8, 2019 – GTEC Holdings Ltd. (TSX-V: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Grey Bruce Farms (“Grey Bruce”) has been granted a Standard Cultivation License (the “License”) by Health Canada. Grey Bruce is an automated, state-of-the-art facility located in Kincardine, Ontario...

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GTEC Completes Health Canada Sales License Inspection at Alberta Craft Facility

KELOWNA, BC – June 27, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that its wholly-owned subsidiary, Alberta Craft Cannabis Inc. (“ACC”) has recently completed a Health Canada license inspection. ACC had requested and scheduled the recent inspection...

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People People

GTEC Appoints Former CEO of Shoppers Drug Mart and Former Chairman of ALDO to Board of Directors

KELOWNA, BC – June 10, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that it has appointed Jurgen Schreiber, the former CEO of Shoppers Drug Mart and former Chairman of ALDO, to its Board of Directors as of June 10, 2019...

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Facilities Facilities

GTEC Completes Build-out at Grey Bruce Facility and Submits Evidence Package to Health Canada

KELOWNA, BC – May 21, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly owned subsidiary Grey Bruce Farms (the “Facility”) has completed its build-out and submitted its Affirmation of Readiness and Video Evidence Package (the “Evidence Package”) to Health Canada. The Evidence Package...

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GTEC Provides Shareholder Update on Health Canada Changes to Cannabis Licensing

KELOWNA, BC – May 9, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTC:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to provide management commentary and shareholder updates on the recently announced Statement from Health Canada regarding changes to cannabis licensing. Background: On May 8, 2019, Health Canada announced certain changes to align the approach...

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GTEC Provides Retail Initiatives Update

KELOWNA, BC – May 7, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTC:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Acquisition”) of 1203648 B.C. Ltd. (“RetailCo”) for an aggregate purchase price of $2,113,000 (the “Purchase Price”). RetailCo is in the process of obtaining municipal and provincial approvals (collectively, the “Approvals”) to operate a non-medical...

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GTEC Announces Increasing Demand for its Premium Cannabis and Provides 2019 Sales Projections

KELOWNA, BC – April 24, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTC:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that it has been receiving significant demand for its premium cannabis, and provides insight into its current sales initiatives and projections. Summary of sales: $5.86 average selling price of flower shipped in bulk to wholesale buyers, Products are re-packaged...

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GTEC Holdings Acquires Cannabis Retail Store Location in Vancouver BC

KELOWNA, BC – April 15, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that it has entered into a definitive agreement dated April 10, 2019 (the “Definitive Agreement”), between GTEC, GreenTec Retail Ventures Inc., a wholly owned subsidiary of GTEC (“GRV”), and the shareholders (the “Vendors”) of 1203648 B.C. Ltd. (“RetailCo”), pursuant to which GRV will acquire all the issued and outstanding...

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Facilities Facilities

GTEC Announces Satisfaction of Tumbleweed Milestone

KELOWNA, BC – April 4, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) announces that further to the press release dated January 30, 2019, in which the GTEC announced that Tumbleweed Farms (“Tumbleweed”) completed construction of a Health Canada approved cannabis production facility (the “Tumbleweed Facility”), the completion of the Tumbleweed Facility has resulted in the satisfaction...

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