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BRIEF-Emblem Corp To Establish Patient Access Investment Fund

Published 2018-10-16, 05:12 a/m
Updated 2018-10-16, 05:20 a/m
© Reuters.  BRIEF-Emblem Corp To Establish Patient Access Investment Fund

Oct 16 (Reuters) - Emblem Corp EMC.V :

* EMBLEM CORP- ANNOUNCED THAT IT WILL SEGREGATE C$5 MILLION OF ITS CURRENT CASH HOLDINGS TO ESTABLISH WHAT IT IS CALLING PATIENT ACCESS INVESTMENT FUND

* EMBLEM CORP- INTEREST FROM THE FUND WHICH WILL BE USED TO HELP OFFSET SOME OF COST OF EXCISE TAX THAT WILL BE APPLIED TO MEDICAL CANNABIS PRODUCTS

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