Cautionary Note Regarding Forward-Looking Information
These materials include forward-looking statements. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control.
Forward-looking statements regarding Cultivation Technologies Inc. (“CTI”) which are subject to such uncertainties and contingencies include, but are not limited to the statements relating the construction and completion and targeted production of the CTI medical cannabis facility in Coachella, California, successful production from the Interim Facility at Coachella as targeted, the ability of CTI to obtain financing for the development and operation of CTI’s projects, CTI’s business plan and access to future funding and projects, the ability of CTI to pay FinCanna interest, dividends or repayment of loans. In addition, forward-looking statements relating to CTI’s business are based on assumptions regarding the construction, completion and operations of CTI’s proposed facility, including that CTI will obtain the financing required to build and equip its proposed facility, that CTI will obtain the additional financing required operate the facility, that construction facility is completed on time and budget, while CTI is allowed to operate on an interim basis with its existing permits, that CTI obtains state licenses to operate on a permanent basis, and that the equipment used in the cultivation of medical cannabis performs at scale in a similar way it performs at CTI’s pilot tests.
Forward-looking statements regarding Green Compliance Inc. (“GCI”) which are subject to uncertainties and contingencies beyond our control include but are not limited to the statements relating to its future level of sales, its ability to obtain financing for the development of its business, and its ability to pay FinCanna royalties.
Forward-looking statements regarding Gram Co Holdings LLC (“Gram Co”) which are subject to uncertainties and contingencies beyond our control include, but are not limited to the statements relating to its ability to complete the cannabis extraction laboratory by the end of Q3 2018, the success of its white-labeling and other marketing plans, its ability to obtain financing for the development of its business, as well as its ability to pay FinCanna royalties.
Forward-looking statements respecting growth in the Cannabis market, the size of revenue of the Cannabis market in California, FinCanna’s future revenues, the ability of FinCanna to raise financing to invest in additional projects, FinCanna’s financial forecasts, plans for expansion of FinCanna Capital Corp’s business, statements about potential market developments and trends, demand for FinCanna Capital Corp products and services, and other statements that are not historical facts are also subject to a significant uncertainty.
When used in this document, the words such as "could," “plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Forward-looking statements speak only as of the date on which they are made and FinCanna Capital Corp disclaims any intention or obligation to update or revise any such statements.
Although FinCanna Capital Corp believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Such risks and uncertainties include but are not limited to, the fact that FinCanna and the companies in which it may invest are early stage companies with limited operating history and resources, execution of FinCanna’s business plan requires raising additional capital, the Cannabis market is highly regulated and those regulations and enforcement priorities of governmental authorities may change, the Cannabis market is highly competitive, technical advances in the industry as well as changing political and economic conditions present within the industry will impact the success of FinCanna and the companies in which it invests . Actual results could differ materially from the statements reflected in the forward-looking information. Recipients of this information are cautioned not to place undue reliance on these forward-looking statements.
For further information about FinCanna’s business and the associated risks, refer to the discussion under “Risk Factors” in FinCanna’s Annual Information Form and Management’s discussion and analysis available on our profile at www.sedar.com.
This document and the information available herein are not intended to provide you with any financial, accounting, tax or legal advice.