marijuana stocks news

Vertical Designs Terminates Abbatis Licence

VANCOUVER, Dec. 30, 2014 /CNW/ – Vertical Designs Ltd. (“Vertical Designs”, “VDL” or the “Company”) announced today that they have issued notice of termination of the License Agreement dated December 12, 2012 with Abattis Bioceuticals Corp. (ATTBF) (CSE:ATT), on the grounds of material breach of the Licence Agreement by Abbatis.  The termination of the License Agreement is effective immediately.

Abbatis has been instructed that all Confidential materials (as that term is defined in the License Agreement) must be returned to VDL offices.

About Vertical Designs Inc.

Vertical Designs Ltd. of Vancouver, B.C. is a privately owned company that designs and builds innovative, fully sustainable and complete vertical growing solutions. VDL is capable of producing local, truly nutritious, safe, secure, environmentally friendly and low (total) cost food crops year-round. Its proprietary technologies control precise combinations of light, temperature, water, and nutrients to create specific growing conditions that result in optimum crop production, product quality and shelf- life. Vertical Designs systems can be used to produce leafy greens vegetables like lettuce, spinach and herbs as well as plants that require pollination such as strawberries.


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Innovative Industrial Properties, Inc. (IIPR) Announces Senior Leadership Appointment and Promotions

Innovative Industrial Properties Announces Senior Leadership Appointment and Promotions Innovative Industrial Properties,…

Trulieve Cannabis Corp. (TCNNF) Completion of Statewide Retail Rebrand in Pennsylvania

Trulieve Celebrates Completion of Statewide Retail Rebrand in Pennsylvania Trulieve Cannabis Corp.…

The Alkaline Water Company Inc. (WTER) (WTER.V) Reports Record Monthly Sales of $3.8 Million

The Alkaline Water Company Reports Record Monthly Sales of $3.8 Million The…

 American Green (ERBB) Enters the CBD-Infused Drink Market with Vessl, Inc

American Green Enters the CBD-Infused Drink Market with Vessl, Inc. — Inventors…