May 5th, 2015 – Toronto, Ontario – Matica Enterprises Inc. (MMJ – CSE) (39N – Frankfurt) (MQPXF – OTC) (“Matica” or the “Company”) wishes to provide an update on the THC Dispensaries, Inc. (“THCD”) facility construction. As a result of harsh winter experienced in and around Antigonish, Nova Scotia the local roads have been impassible for a crane and HVAC delivery to the site. THCD, Matica’s partner, has been in regular contact with the Department of Transportation and has even donated equipment and gravel to fill in large sink holes and allow passage on the roads. Frank MacMaster of THCD reports that the road could be ready for HVAC delivery to site by the end of the current week if there is no rain. Upon installation and testing of the equipment THCD will be in a position to request a pre-licence inspection from Health Canada. The Company will endeavour to keep shareholders abreast of any further important developments.
About Matica Enterprises Inc.
Matica has signed a definitive agreement for a fifty percent interest in THC Dispensaries, Inc (“THCD”), a Nova Scotia applicant under the Marijuana for Medical Purposes Regulation (“MMPR”). THC Dispensaries has received a “Ready To Build” letter from Health Canada and is awaiting the pre-licence inspection to become a Licenced Producer under MMPR. The facility is located in a rural setting near the town of Antigonish with 35 acres on which to expand. For more information on Matica Enterprises please visit the website at: www.maticaenterprises.com.
On behalf of the Board of Directors
MATICA ENTERPRISES INC.
Boris Ziger, CEO & Chairman
For further information, please contact Boris Ziger, Chief Executive Officer, at:
Disclaimer for Forward-Looking Information
This news release contains statements about the Company’s information that will be made available on the S&P Capital IQ Corporation Records Listing Program and the business of Matica, specifically any potential licensing under the MMPR, that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to receive its Licensed Producer designation for any reason whatsoever. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbor.