(TheNewswire)
May 6 th , 2021 - TheNewswire - Vancouver, BC -Quizam Media Corporation ( “ the Company ” ) (CNSX:QQ.CN) (OTC:QQQFF) ispleased to announce that its subsidiary, Quantum 1 Cannabis( “ Quantum ” ), one of Canada ’ s fastest growing and leadingrecreational cannabis retailers, has signed a revised Memorandum ofUnderstanding ( “ MOU ” ) withCanna-Place to acquire an approved, municipal cannabis retail locationin one of Vancouver ’ smost diverse neighborhoods at 41 st and CambieStreet in Vancouver, BC. The purchase includes a retail cannabisdevelopment permit and other rights for the purpose of Quantum tooperate a legal cannabis retail store.
Under the terms of the new agreement, Quantum 1 hassecured and finalized a prime location to move its development permitfrom a basement location to a higher traffic ground floor space. Quantum 1 is awaiting approval from the city for said move.
The new location will feature a full service,recreational cannabis retail experience featuring an upscale,contemporary design and a staff of highly trained cannabisconsultants.
“ With the recent financialannouncement of record sales growth across our chain of uniquecannabis stores, this flagship location expands our footprint in theLower Mainland and has exceptional potential for growth. With over abillion dollars of development being spent at Oakridge Centre, densitywill significantly increase in what is already a high trafficarea, ” stated CEO RussRossi. “ Our dedicatedteam of experts is excited to serve our growing base of customers witha service and retail experience unlike anything seen in BCbefore. ”
In the past fourteen months, Quantum 1 has openedstores in North Vancouver, Vernon, Grand Forks, Keremeos and Creston.
About Quantum1 Cannabis Corp.
GrowingTogether. Quantum 1 was bornfrom our desire to cultivate great energy and interactions with ourcommunities. Our retail stores bring together good vibes and goodpeople, aiming to forge connections to cannabis in meaningful ways. We consider every product, every service offering in our stores asforms of energy that can heighten our own energies and in turn ourcollective world. That ’ s why everything we serveis set to the highest standards.
Quantum1( www.quantum1cannabis.com ) is a wholly ownedsubsidiary of Quizam Media a publically traded company on the CSE: QQand US: QQQFF
Quizam Media Corporation
Suite 650, 609 GranvilleStreet
PO Box 10381 Vancouver, BC
V7Y 1G6
Telephone:604-683-0020
Email:ir@quizammedia.com.
The CSE has not reviewed and doesnot accept responsibility for the adequacy or accuracy of thisrelease. This news release may contain forward-looking statementsincluding but not limited to comments regarding the timing and natureof potential acquisitions, joint ventures, partner ships, business dealings and financings,etc. Forward-looking statements address future events and conditionsand therefore, involve inherent risks and uncertainties. Actualresults may differ materially from those currently anticipated in suchstatements. Readers are cautioned not to place undue reliance on theforward-looking statements made in this Press Release.
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