Latest Stock Market Buzzers

An international cannabis supplemented by a technical feasibility study from the Danish GACP / EU-GMP certified Greenfield cultivation and processing plant; Predicted 2021 Production of about 20,000,000 grams of dried flowers

Primary Logo

VANCOUVER, British Columbia, June 18, 2019 (GLOBE NEWSWIRE) – ICC International Cannabis Corp. (CSE: WRLD.U) (FWB: 8K51) (OTC: WLDCF) ("Company" or "ICC" or "International Cannabis ”) is pleased to announce that the company has carried out a technical feasibility study (" feasibility study ") concerning its proposed 150,000 square foot Danish GACP / EU-GMP certified Greenfield cultivation, processing and production plant (" Danish institution ")

The corporate beforehand took the lead in conducting a comprehensive feasibility study on a deliberate Danish plant by an international pharmaceutical company in Denmark,

The launch of the Danish plant undertaking marks a new milestone for the ICC, as it continues to implement its long-term financially sustainable and alpha-generator-related company tradition.

] ICC strives to make the most of its own design and development IP as well as it n proven cultivation methods and strives to realize full optimization in the Danish plant. The corporate predicts that further improvement effectivity will probably be achieved by way of custom-made process design and development techniques

The first conclusions of the feasibility study present that when the ICC Danish facility is absolutely operational, it should attain annual production capacity of about 20,000,000 grams by hand. Excessive Quality Dried Cannabis Flower For Sale In The Priceless Pharmaceutical Market

International cannabis also plans to make use of high-quality, low-cost crops on 45 hectares of arable land. Preliminary Sampling Initiatives by the Firm's Danish Land Package deal have demonstrated the perfect soil composition and health

With the implementation of the International Agricultural Program, increased levels of natural matter are expected to supply 81,000 kg of cannabis during the 2020 harvest season

The feasibility study included a comprehensive evaluation of EU GMP rules / requirements , preliminary environmental research / samples, improvement of plant-specific working directions and timetables for processing, [19659109] Submission of nationwide and international declarations of conformity

  • Evaluation of challenge profitability and financial models
  • Detailed capital costs and operating costs
  • Process work groups
  • Building rules
  • 19659009] Venture milestones; and
  • Macroeconomic Danger Evaluation and Recommendations
  • The international Cannabis Danish facility is constructed into 4 divided blocks. A single, one-level Danish plant consists of a 150,000 square foot structural footprint and consists of the following design necessities:

    • An agricultural parcel consisting of:
      ° 56,250 sq. meter flower shade producing
      ♦ 70 grams of dried cannabis per harvest
      ♦ Five harvests yearly
      ° 55,000 sq. meters of dedicated post-harvest production amenities;
      lukien Together with 20,400 square ft of processing infrastructure
      ♦ Further packaging and distribution options
    • 20,000 sq. meters of workplace / administration, dressing and utilities area
    • GMP-compliant waste disposal space
    • Distribution policies ("GDP") at loading sites
    • 19659009] Constructing Administration Methods ("BMS"), Facility Monitoring Methods ("FMS") and High quality Administration Methods ("QMS")
    • Separate GACP and EU-GMP areas, together with air-lockable corridors; and,
    • Inner Upkeep Street

    The purpose of international cannabis is to speed up development schedules by preserving the important venture route at the similar time by building each of the corresponding modular blocks. The corporate is at present operating capability simulation situations to refine value estimates and optimize production, processing, manufacturing and distribution workflows.

    David Shpilt, International Cannabis Managing Director, stated: The ICC Danish manufacturing facility produces pharmaceutical cannabis pharmaceutical standardization and a patented high quality administration system that delivers the best cannabis products to satisfy the wants of educated, superior and qualitative shoppers

    . 150,000 Danish monetary institutions within the schedule and finances to announce to the market that ICC has established a new flagship production and manufacturing middle; allows the distribution of excessive margin merchandise to beneficial European patient teams with considerably shorter lead occasions. With cautious planning and design, our industry-leading facility is built into self-contained blocks that help capability enlargement and new performance whereas maintaining full operational functionality. ”

    All the manufacturing ICC intends to make the most of a selection of crop and plant physiological ideas The goal is to optimize the plant's efficiency and thus achieve greater manufacturing effectivity. The company's cultivation concepts have been developed over 5 years from the Canadian business cultivation experience and embrace:

    • Soil / Nutrient Tracking and Plant Protection Options
    • Constant Delivery of Preferrred Main, Secondary and Micro Nutrient
    • Evaluation and Understanding of Risosphere and Its Influence on Revenue and Restoration
    • Creating Pest and Illness-Resistant Crops
    • Manipulating nutritional and substrate circumstances to promote plant well being and yield; and
    • Implementing Solutions to Influence Biochemical and Physiological Routes on Greater High quality and Recovery

    Mr. Shpilt went on: “We goal for a Danish establishment that goals to realize non-dilutive, project-level debt financing that leverages our in-depth relationship with pharmaceutical companions and overwhelmingly predictable economics to draw engaging international lenders.

    We have now worked tirelessly to enable potential institutional companions, comparable to the Danish establishment, to satisfy their requirements. We normalized the financing of cannabis cultivation tasks by first demonstrating the depth and sophistication of our operational functionality. ”

    Denmark legalized medical cannabis on January 1, 2018 following a unanimous vote in the Danish Parliament. Following legalization, the Danish government has strongly demonstrated the improvement of cannabis in the type of research grants and tax incentives. Denmark has developed rapidly into a main European cannabis cultivation jurisdiction for the following reasons:

    • Motivated and secure government
    • Lots of reasonably priced power supply
    • No medical ceiling for cannabis production or quotas
    • Native plant breeding and genetic experience
    • ] Nicely funded health care system
    • Established retail pharmacy community for distribution of merchandise
    • Proximity to larger import merchandise

    ABOUT INTERNATIONAL CHANNEL

    ICC International Cannabis has its personal fastened belongings by way of its subsidiaries and develops a world-class platform for cultivation, extraction, design and distribution worldwide . United Kingdom, Denmark, Poland, Switzerland, Germany, Macedonia, Bulgaria, Serbia, Croatia, Greece, Italy, Portugal, Malta, Colombia, Argentina, Australia, South Africa rica and Lesotho

    ICC INTERNATIONAL INTERNATIONAL CORPORATE GOVERNMENT. 19659002] "David Shpilt"

    David Shpilt
    CEO
    +001 (604) 687-2038
    information@intlcannabiscorp.com

    Investor Relations Contact:
    kris @ intlcannabiscorrp. com
    +001 (416) 597-5769

    ICC French Inquiries:
    Remy Scalabrini, Maricom Inc
    E: rs@maricom.ca T: +001 888) 585-MARI

    For extra info on the ICC, see: https://intlcannabiscorp.com /

    Keep up-to-date on all ICC events by following or protecting us:
    Facebook – https://www.facebook.com/ICCWRLD/
    Twitter – https : //twitter.com/ICC_WRLD
    LinkedIn – https://www.linkedin.com/company/icc-wrld/

    CSE has not been verified and accepts duty IMPORTANT OR IMPLEMENTING THIS EXEMPTION.

    Discover of Prior Info:

    This text incorporates certain "forward-looking information" inside the which means of the applicable Canadian Securities Act. Forward info is usually described by phrases corresponding to "plan", "continue", "wait", "project", "intend", "believe", "anticipate", "estimate", "can", "will", "potential" , "Suggested" and different comparable phrases, or info that certain events or circumstances might happen. This info is simply a forecast. Totally different assumptions have been used to draw conclusions or predictions contained in forward-looking info have been offered all through this release. Forward info consists of, however shouldn’t be restricted to, political modifications in Canada and internationally, future legislative and regulatory developments in Canada and international cannabis, the company's capacity to secure distribution channels in international jurisdictions, competitors and other risks affecting the firm

    The forward-looking info contained in this publication is specific Accepted in the above-mentioned warning statements and made after this release date. Subject to relevant securities laws, the Firm shouldn’t be obliged to replace or revise future info to disclose events or circumstances after this launch date, or mirror the prevalence of sudden occasions, whether or not they arise as a end result of new info, future events, or results.