NetworkNewsWire Announces Publication on Cultural, Economic Shifts Expected as Canada Prepares to Legalize Recreational Marijuana

New York, New York--(Newsfile Corp. - November 16, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring ABcann Global Corp. (OTCQB: ABCCF) (TSXV: ABCN), a globally licensed, cost efficient producer of premium quality organic standardized medicinal cannabis and one of the earliest licensed Canadian medical marijuana producers. 

The publication, titled, "Canadian Licensed Producers Prepare for Recreational Cannabis Legalization, Expect Significant Growth in Demand," highlights the upcoming economic and cultural changes expected in Canada mid-2018 as cannabis growers gear up to satisfy demands when recreational marijuana becomes legal.

To view the full publication, visit: https://www.networknewswire.com/canadian-licensed-producers-prepare-recreational-cannabis-legalization-expect-significant-growth-demand/

"The Canadian Government is also making preparations for the impending legalization, emphasizing cannabis education and awareness for the nation's youth (http://nnw.fm/b4U9O). This focus on health and safety adds weight to the proprietary, organic and pesticide-free growing systems of ABcann Global Corp. (OTCQB: ABCCF) (TSXV: ABCN) (ABCCF Profile), which, thanks to a hefty investment by Cannabis Wheaton Income Corp. (OTCQB: CBWTF) (TSXV: CBW), has the capital needed to increase its supply.

"The impending legalization of marijuana for recreational use in Canada could offer licensed producers a chance to record tremendous growth in the coming months. According to a 2016 report by Deloitte, the legal Canadian marijuana market could soon be worth $18 billion annually. As for volume, Deloitte forecast annual demand for the plant at about 1.32 million pounds per year. With a highly regulated system and strict licensing requirements, the Canadian market is a safe haven for investors looking to invest in quality products and companies in a market brimming with potential. However, an overly strict licensing process restricts supply, as seen in the U.S. State of Nevada (http://nnw.fm/He1F0)."

About ABcann Global Corporation

ABcann was one of the first companies to obtain a production license under the Marijuana for Medical Purposes Regulations, which it received on March 21, 2014. It obtained a sales license on December 31, 2015. ABcann's flagship facility, in Napanee, Ontario, contains proprietary plant-growing technology, including environmentally-controlled chambers capable of monitoring and regulating all variables in the growing process. This approach and the systems in place allow ABcann to produce organically grown and pesticide-free, high-yielding plants, which, in turn, can generate high-quality products that are consistent from batch to batch. ABcann is able to control environmental and nutrient demands, tailor-made for a particular strain of cannabis, without the variation that is typical when producing large quantities in less-controlled, larger rooms and greenhouse-type structures. ABcann's modular approach to systems technology eliminates scale-up risk and allows ABcann to locate anywhere in the world and maintain consistency and quality of product. For more information, visit www.ABcannGlobal.com.

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

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