DOJA Cannabis Ltd., a wholly-owned subsidiary of Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), recently posted a blog update detailing the history of Cannabis in British Columbia. Dating all the way back to the 1600s, hemp has proven to be a valuable crop in the Canadian Province. Per the article, hemp was grown in parts of Canada since the 1600s as a cash crop, providing the British Navy with material for rope and sails. Years later, doctors praised extracts of the plant for positive effects in treating medical conditions. However, Canada prohibited cannabis in the 1920s, along with other substances such as opiates and cocaine. Almost a century later, the plant has again been accepted by the Canadian government, with the impending legalization of recreational use expected to go into effect later this year. As a company that is federally licensed to cultivate and sell cannabis pursuant to the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), DOJA is set to profit handsomely from the approaching legalization.
To view the full article, visit http://ibn.fm/WObTT
Hiku is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA’s ACMPR licensed grow, and Van der Pop’s female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada. Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is federally licensed to cultivate and sell cannabis pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. Hiku’s subsidiary, Tokyo Smoke, has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario. For more information, visit the company’s website at www.Hiku.com.
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.