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TORONTO, Jan. 2, 2018 /PRNewswire/ – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (Frankfurt: 9SB) (OTCQB: SOLCF) is admiring to advertise an advance in and cardinal affiliation with European medical cannabis company, GreenLight Pharmaceuticals Ltd. (“GreenLight Pharmaceuticals” or “GreenLight”).



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GreenLight, which was founded in 2014 and is headquartered in Dublin, Ireland, is a vertically-integrated medical cannabis aggregation with a analytic analysis and development operation led by Dr. James Linden, a berry analysis program, agronomics operations, and CBD cast and administration operations.



Under the agreement of the transaction, SOL Global will access a 25 percent pale in the disinterestedness of GreenLight for €1.8 million, with an advantage to access its pale to 51 percent.

In addition, SOL Global has additionally acquired an advantage to access a 75 percent pale in a approaching GreenLight accessory that auspiciously obtains a cannabis agronomics authorization in Ireland or Northern Ireland for an accumulated exercise amount of about €1 million. SOL Global administrator Rob Reid and Chief Medical Officer Michael Barnes will accompany the lath of GreenLight Pharmaceuticals.



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“SOL Global is aflame to accomplice with the analytic analysis aggregation at GreenLight as they abide to advance R&D programs throughout Europe. As association continues to burrow into the approaching of application cannabis medicinally, GreenLight affairs to be active in basic industry-leading solutions and therapies. With associates of SOL Global’s aggregation abutting GreenLight’s board, we attending advanced to alive calm to added advance and enhance GreenLight’s administration position in Europe’s beginning medical cannabis industry,” declared Brady Cobb, SOL Global CEO.

“This latest affiliation provides us with the allotment to booty GreenLight to a added all-embracing audience,” GreenLight CEO James Linden said. “In 2019 we apprehend to see the cycle out of abounding alleviative cannabis markets in Ireland and the UK. GreenLight is abreast to accomplish able-bodied in these developing markets with our top affection and affordable bulb medicines. The amplification of our aliment supplements range, and the analysis and development of our biologic products, will accredit GreenLight to accept a greater contour on the all-embracing arena as a above amateur in medical cannabis.”

Since its founding, GreenLight has focused its analysis on some of the biologic industry’s best accepted analysis areas, including in anti-rheumatics, oncology, bronchodilators, and immunosuppressants. GreenLight’s R&D operations affection the accord of 13 all-embracing bookish institutes and the development of committed GreenLight laboratories in assorted universities, including investments in medical accessories and the hiring of awful accomplished clinicians and agents members.

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GreenLight’s administration operations accommodate its proprietary ‘GreenLight Aliment Supplements’ accessory and added bulb extract-based articles currently in development. The company’s aliment supplements operations accommodate articles in Ireland and the UK, with development underway in Spain, France, Russia, Poland, and the United States. GreenLight currently holds administration agreements with 1,000 pharmacies above Ireland and the UK.

About SOL Global Investments Corp.

SOL Global is an all-embracing advance aggregation with a focus on, but not bound to, cannabis and cannabis accompanying companies in acknowledged U.S. states, the hemp and CBD marketplaces and the arising European cannabis and hemp marketplaces. Its cardinal investments and partnerships above cultivation, administration and retail accompaniment the company’s R&D affairs with the University of Miami. It is this absolute access that is accession SOL Global as a approaching frontrunner in the United States’ medical cannabis industry.

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Cautionary Statements

This columnist absolution contains “forward-looking information” aural the acceptation of applicative balance laws.  All statements independent herein that are not acutely absolute in attributes may aggregate advanced information. In some cases, advanced advice can be articular by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the abrogating of these terms, or added agnate words, expressions and grammatical variations thereof, or statements that assertive contest or altitude “may” or “will” happen, or by discussions of strategy.

Forward-looking advice is based aloft assertive absolute assumptions that were activated in cartoon a cessation or authoritative a anticipation or projection, including management’s perceptions of absolute trends, accepted altitude and accepted approaching developments, as able-bodied as added considerations that are believed to be adapted in the circumstances. While we accede these assumptions to be reasonable based on advice currently accessible to management, there is no affirmation that such expectations will prove to be correct.

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By their nature, advanced advice is accountable to inherent risks and uncertainties that may be accepted or specific and which accord acceleration to the achievability that expectations, forecasts, predictions, projections or abstracts will not prove to be accurate, that assumptions may not be absolute and that objectives, cardinal goals and priorities will not be achieved. A array of factors, including accepted and alien risks, abounding of which are above our control, could annual absolute after-effects to alter materially from the advanced advice in this columnist release. Such factors include, but are not bound to: the Company’s adeptness to accede with all applicative authoritative regulations in a awful adapted business; advance in ambition companies or projects which accept bound or no operating history and are affianced in activities currently advised actionable beneath US federal laws; changes in laws; bound operating history; assurance on management; requirements for added financing; competition; inconsistent accessible assessment and acumen apropos the medical-use and adult-use marijuana industry; and authoritative or political change. Added accident factors can additionally be begin in the Company’s accepted MD&A and anniversary advice form, both of which accept been filed on SEDAR and can be accessed at www.sedar.com.

Readers are cautioned to accede these and added factors, uncertainties and abeyant contest anxiously and not to put disproportionate assurance on advanced information. The advanced advice independent herein is fabricated as of the date of this columnist absolution and is based on the beliefs, estimates, expectations and opinions of administration on the date such advanced advice is made. The Aggregation undertakes no obligation to amend or alter any advanced information, whether as a aftereffect of new information, estimates or opinions, approaching contest or after-effects or contrarily or to explain any absolute aberration amid consecutive absolute contest and such advanced information, except as appropriate by applicative law.

The balance referred to in this annual absolution accept not been and will not be registered beneath the United States Balance Act of 1933, as adapted (“U.S. Balance Act”), or any accompaniment balance laws and may not be offered or awash aural the United States or to, or for the annual or account of, U.S. bodies absent such allotment or an applicative absolution from the allotment requirements of the U.S. Balance Act.  This annual absolution does not aggregate an action for auction of balance for sale, nor a address for offers to buy any securities.

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SOURCE SOL Global Investments Corp.

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