Matica Engages Greenhouse Designer and Top Security Consultant

Tickers: XCNQ:MMJ, PINX:MQPXF
Tags: Biotechnology



Toronto, Ontario / TheNewswire / May 23, 2018 - Matica Enterprises Inc. (MMJ - CSE) (39N - Frankfurt) (MQPXF - OTC) ("Matica" or the "Company") is very pleased to announce that the Company has engaged Ron Berkhout to design greenhouses for the 181 acre property in Hemmingford, Quebec as announced in the April 25th News Release. The Company intends to begin construction of a 200,000 square foot custom designed and built greenhouse in June of this year, with a long-term goal of building 1,000,000 square feet of combined greenhouses.

Ron Berkhout, founding partner of Inhuis Contrived Inc., has worked in the horticultural industry for nearly 30 years. Starting at a young age, working with his father he built greenhouses across Ontario, learning the industry first hand. For two decades, Mr. Berkhout worked for the two largest horticultural lighting companies in the world, P.L. Light Systems and Gavita Horticultural Lighting, where working with his father successfully opened their North American office. After 14 years with Gavita, most of that time spent successfully lighting many of the large cannabis production facilities across North America, he launched Inhuis Contrived Inc. together with industry experts. Inhuis combines nearly 500 years of horticultural expertise, offering full cultivation equipment solutions for North America's cannabis market.

Boris Ziger, Matica CEO states, "The entire company is excited to begin this new project. Together with our Dorval facility and our research partner Yunify, we hope to make our mark on the burgeoning Quebec cannabis industry."

Matica and RoyalMax Biotechnology Canada Inc. ("RoyalMax") continue to work together towards the licensing of the Dorval Facilty. RoyalMax submitted the Confirmation of Readiness for a License under ACMPR to Health Canada for the production facility in Dorval, including the Photographic-Evidence video to Health Canada to request a cultivation license. RoyalMax continues to work towards receiving a Cultivation License from Health Canada. To assist in achieving our goals the Company has engaged the services of David Hyde & Associates Inc. to communicate with Health Canada on behalf of RoyalMax. David Hyde is one of Canada's top independent security consultants, an industry-recognized leader and trusted senior advisor to many large organizations. Mr. Hyde and his team offer a full-service cannabis security licensing advisory service based in Toronto and operating across Canada.

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

Boris Ziger, CEO & Chairman

The Company's public filings are available for review at www.sedar.com and www.thecse.com.

For further information, please contact Boris Ziger, Chief Executive Officer, at:

Telephone: 416-304-9935

E-mail: info@maticaenterprises.com

Website: www.maticaenterprises.com

Disclaimer for Forward-Looking Information

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

This news release contains statements about the Company's information that may be made available on the S&P Capital IQ Corporation Records Listing Program and the business of Matica 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. 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.

Copyright (c) 2018 TheNewswire - All rights reserved.

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