January 22, 2018 – Vancouver, British Columbia – Tabu Equity Investments Inc. (the “Company” or “Tabu”) announces that it is completing a transaction with Spliffin Inc. (“Spliffin”) as previously announced. Both Spliffin and the Company are excited to finish the necessary documentation. The transaction is proposed to close on January 31, 2018 or another date as the parties may agree.
Tabu is also working closely with Goldrea Resources Inc. to close its definitive agreement as both parties plan to cement this relationship within the next few weeks, creating a formidable company focused on a specific and targeted action plan. Tabu’s acquisition strategy means that partners coming on board will be chosen on their ability to compliment and work in conjunction with existing partners. Tabu is in discussions with an array of cannabis companies working in production, branding and media. Discussions have gone very well and there is no reason to believe that Tabu’s initial acquisition strategy will need to change.
Tabu Equity Investments Inc. invests in Canadian ACMPR applicants and licensed United States cannabis technology companies, as well as Canadian based support technologies for the cannabis industry. The company website can be found at: www.tabu.co
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Tabu’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should, aware” and similar expressions, are forward-looking statements.
Forward-looking statements may include, without limitation, statements including statements related to Tabu’s transactions and business related to cannabis and future news releases. Although Tabu has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals;
investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under US Federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Tabu disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Tabu does not assume any liability for disclosure relating to any other company mentioned herein.