Asia Cannabis Corp. Announces Listing of Common Shares and Commencement of Trading on the Canadian Securities Exchange

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CALGARY, AB / ACCESSWIRE / January 24, 2019 / Asia Cannabis Corp. ("ACC" or the "Company") (CSE:ASIA), announced today that the common shares of the Company have been listed for trading on the CSE. On January 11, 2019, ACC completed its initial public offering of 5,047,000 common shares at the price of $0.25 per common share pursuant to a Prospectus dated October 29, 2018 for gross proceeds of $1,261,750 (the "Offering"). With the completion of that Offering, the Company satisfied the conditions necessary to complete its listing on the CSE and the shares commenced trading today.

ACC is an international agri-technology company that will specialize in growing and processing proprietary strains of hemp and bulk cannabidiol in Cambodia and elsewhere in SE Asia with the ultimate aim to export to the large markets across Asia.The Company's initial focus will be on research and development, along with evaluation and testing of specialized strains using Cambodia as primary venue to conduct this process.

Johannes Kingma, President of ACC, commented as follows: "Having cleared all of the regulatory steps leading to the trading of our Company's shares on the CSE today, Asia Cannabis is now in a position to move aggressively in implementing its unique and exciting business plan. With the brave and exciting new biological research and testing abilities of our partners at InPlanta Biotechnology Inc. on one hand, coupled with the excellent agricultural development potential of Cambodia and the attention being given to hemp-based products at this time on the other, we expect to make quick and important strides as move forward."

Listing and disclosure documents are available at as of today's date.

For further information, contact:

Johannes Kingma
Chief Executive Officer
(403) 612-5655

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Asia Cannabis Corp.

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