Cannabis Growth Opportunity Corporation Announces Commenced Trading on CSE Under “BHNG” Symbol

Cannabis Growth Opportunity Corporation (“CGOC”, or the “Company”) (CSE: CGOC), a cannabis focused investment corporation with both public and private cannabis holdings, is pleased to report that Bhang Corporation (“Bhang”), one of the private portfolio holdings commenced trading on the Canadian Securities Exchange (“CSE”), under the symbol “BHNG”, on July 11, 2019, at closing price of $0.52 on its first day of trading. 

Bhang is committed to delivering exceptional sensory experiences to consumers at every point in their cannabis journey through its award-winning portfolio of brands. Bhang is a trusted global cannabis house of brands with an extensive portfolio of over 100 cannabis, hemp-derived CBD and terpene products, including chocolates, pre-rolls, vapes, gums, beverages, gummies and mouth sprays, among others. Since 2010, Bhang has mastered the art of harnessing mutually-beneficial partnerships to bring safe, consistent and delicious products to the world. 

Bhang is known for delivering a large variety of safe, consistent products to consumers. Bhang’s mission is to be the most-recognized and trusted cannabis brand on the planet. Bhang has a comprehensive vertical plan to widely distribute three tiers of products (cannabis, hemp-derived CBD, and terpenes) across global cannabis and mass markets. While the focus remains on bringing delicious, safe, and consistent products to consumers, Bhang’s extensive gourmet food background and experience is also bringing high-quality products to large food chains like Whole Foods. Bhang has partnered with other respected innovators such as Origin House (formerly CannaRoyalty), Indiva and Trulieve.

Jamie Blundell, President and Chief Operating Officer of CGOC commented, “Our original investment in Bhang was based on their experienced and well managed team, their knowledge of brand creation, and their commitment to delivering a consistent, high-quality product. We are very pleased with how the company has managed its growth plans including securing strategic partnerships to assist with their global drive for brand recognition. We believe they have acted prudently throughout the RTO process and look forward to seeing where they go from here. It is also encouraging to the see the stock trading up on its second day of trading, closing at $0.76 on July 12, 2019.

“Bhang is the sixteenth (16) private portfolio holding to complete a successful go public transaction and will provide a positive impact to the CGOC valuation this month.”

Scott Van Rixel, Chairman & CEO of Bhang commented, “We have been very pleased with our partnership with CGOC since their initial investment and are grateful for their support as shareholders. Our enhanced executive team is primed to achieve our stated goals and objectives, which we trust will provide additional upside for our shareholders as we continue on our path of becoming the premier global cannabis brand.