Roadman Investments Reviews Q3 Corporate Initiatives And Provides Q4 Guidance
23 October 2019 - 11:00PM
Roadman Investments Corp. (TSXV: LITT)(FWB: 1QD)(OTC: RMANF)
(“
Roadman Investments” or the
“
Company”) is pleased to review the Company’s
successful Q3 corporate initiatives, as well as provide guidance
for fiscal Q4. Over the preceding quarter, Roadman Investments has
made material advancements within the following corporate arenas:
- Strengthening the Company’s balance sheet;
- Solidifying the trajectory of its investment thesis towards the
psychedelic industry;
- Assembling a distinguished advisory team of industry
experts.
Roadman Investments long term thesis is that companies in the
psychedelic industry offer the best opportunity for substantial
returns for our shareholders. As such, the Company assembled a
world-class advisory team and investment committee that has
advanced training and industry specific expertise that can help
uncover and evaluate investments. Roadman was able to attract 4
esteemed Advisory Board members including a leading psilocybin
activist, psychopharmacology specialist, licensed psychedelic
therapy doctor and an experienced chemist.
With these additions, Roadman has bolstered its abilities to
pursue investment opportunities within the legal realm of
psychedelic medicines, research, clinics and ancillary services.
Over the last quarter Roadman has evaluated over 20 start up
companies within the alternative medicine vertical. Roadman is
currently conducting due diligence and has NDA’s with several
additional investment/advisory opportunities that can establish the
companies’ alternative medicine portfolio.
Luke Montaine, Chief Executive Officer and a Director of Roadman
Investments stated: “Looking forward, investors can expect that we
will continue to evaluate alpha generating opportunities on behalf
of our shareholders within this burgeoning sector. Roadman will be
hosting a psychedelics conference in Denver Colorado in the first
quarter of 2020. The conference will include keynote speeches from
leading scientists, activists and business leaders in the
psychedelic community. More information will be forthcoming
on this ground-breaking conference.”
As stated on Monday October 21st, 2019, Roadman applauds the
city of Chicago to become the latest city to decriminalizing the
use of psychedelic plants and fungi. This was unanimously
passed 50-0 vote. Chicago being the 3rd largest city in the
United States of America shows great promise towards a domino
effect that could be in progress amongst major cities.
Following the lead of Denver and Oakland this is a very strong sign
towards a shift in behaviour and overall acceptance of this form of
medicine.
About Roadman Investments Roadman Investments
is a Canadian Venture Capital and Advisory Firm that strives to
actively drive innovation and accelerate growth within its
portfolio holdings in order to realize alpha returns for its
shareholders. Roadman invests capital into companies that offer
breakthrough products, devices, treatments and health
supplements.
For further information, please contact:
Media Contact:Nik Vassev nik@roadmancorp.com+1
778-772-1751
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward-Looking Statements –
This news release contains certain forward-looking statements,
including statements regarding the business of the Company. These
statements are subject to a number of risks and uncertainties.
Actual results may differ materially from results contemplated by
the forward-looking statements. When relying on forward-looking
statements to make decisions, investors and others should carefully
consider the foregoing factors and other uncertainties and should
not place undue reliance on such forward-looking statements. The
Company does not undertake to update any forward looking
statements, oral or written, made by itself or on its behalf except
as required by law.
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