Mr. Ivan Miliovski reports

 

Vodis Pharmaceuticals Inc. Announces $225,000 Grant

 

November  22,  2016  / TheNewswire /  Vancouver,  British  Columbia  –  Vodis  Pharmaceuticals  Inc.  (the “Company” or “Vodis”) (CSE: VP / FSE: 1JV) announces that it’s fully owned subsidiary Vodis USA has received a $225,000 grant from Puget Sound Energy.

 

In connection with the Company’s Phase 2 expansion in its Bellingham facility, Vodis USA has received a $225,000 grant from Puget Sound Energy for utilizing and installing energy efficient electrical and lighting equipment. The grant represents 71% of the total cost of the electrical and lighting upgrades in the Phase 2 expansion.

 

Ivan Miliovski CEO and Director commented, “We are extremely pleased that the Washington State  regulatory  and  operating   bodies   continue   to  support  the  Company’s  efforts  in implementing the highest operating and regulatory compliance standards. The Company is committed to implementing environmentally friendly technologies and minimizing the ecological foot print in its turn key facilities while giving our tenants the ability to continue producing some of the highest quality of cannabis in the Washington State marketplace.”

  

About Vodis Pharmaceutics Inc.

 

Vodis  is  one  of  North  America’s  foremost  brand  names  in  the  medical  and  recreational marijuana business with operations in both the US and Canada. Its master grow teams have consistently won or placed at each Canadian competition they have entered with their “VIP” brand. The Company, with facilities in BC and Washington State, is also actively looking into expansion opportunities in other countries and US states.

 

While Vodis and its subsidiaries cannot have any interest whatsoever in any proceeds as a result of production, processing or retail activities in the United States, it can license its brand, production and consulting services to approved Washington State license holders to ensure that all products produced under the Vodis Pharmaceuticals program and/or associated under the VIP brand meet or exceed the Vodis brand quality standards.

 

For further information please contact: Ivan Miliovski

President & CEO

Vodis Pharmaceuticals Inc.

8788 River Road

Delta, BC V4G 1B5

Direct: 1-866-210-1420 ext. 103

Web: www.vodis.ca

 

Forward-Looking Information:

Certain  information  contained  herein  may  constitute  “forward-looking  information”  under  Canadian  securities

legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as

“expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the use of proceeds of this financing. Although management of the Company has attempted to identify important  factors  that  could  cause  actual  results  to  differ  materially  from  those  contained  in  forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.

  

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.