Source: Green Spirit Industries, Inc.
SAN JUAN, Puerto Rico, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Green Spirit Industries Inc. (OTC Pink:GSRX) (“Green Spirit” or, the “Company”) through its wholly-owned subsidiary, Project 1493, LLC, announced today that construction on three of its planned medical cannabis dispensary locations in Puerto Rico remains on track following Hurricane Irma. All three are expected to open in the fourth quarter as originally projected.
“We are grateful that this island and its people were spared the worst of Irma, and our prayers are with other members of our Caribbean island family who suffered tragic loss of life and monumental destruction,” said Les Ball, CEO of Green Spirit. “We remain united with our neighbors here, and are committed to bringing our products and services to those patients in Puerto Rico who are awaiting the opening of our dispensaries, as quickly as possible. Our proposed locations are undamaged, and construction has resumed.”
As previously announced, Green Spirit has begun construction on three of its five planned medical cannabis dispensaries in Puerto Rico (Construction Begins in Dorado) (Construction Begins in Carolina) (Construction Begins in San Juan), and plans are underway to begin construction on a fourth dispensary in Isla Verde, as well as a fifth in Fajardo, in the coming weeks (Lease and Application for Isla Verde Dispensary). Once construction at each location is completed and passes inspection by the Department of Health of Puerto Rico, the requisite operating permit is issued.
“We encourage anyone who is able to lend assistance to the people of those Carribean islands that were hit the hardest to do so. News reports are showing how Puerto Rico is welcoming evacuees from neighboring St. Thomas and St. Marteen, while private citizens here have been taking much-needed supplies by personal watercraft from Fajardo to St. Thomas, and returning with boatloads of evacuees. And Richard Branson, whose own Necker Island was left in shambles, is mobilizing to help with relief on neighboring Carribean islands. Together, we will all rebuild and recover from Irma, and will emerge stronger than ever.”
About Green Spirit Industries Inc.
Green Spirit Industries Inc. (OTC Pink:GSRX), together with its wholly-owned subsidiary, Project 1493, LLC, is in the business of acquiring, developing and operating medical cannabis dispensaries.
This press release contains forward-looking statements. Such statements include statements regarding our expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy, competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statement except where applicable law requires us to update these statements. Market data used throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are based upon their review of internal surveys, independent industry publications and other publicly available information.