Green Relief Inc. Forms Joint Venture with Leading European Cannabis Companies Ai Fame GmbH and Ai Lab Swiss AG

HAMILTON, ON, May 7, 2018 /CNW/ - Green Relief Inc., ACMPR licensed producer of medical cannabis, has formed a groundbreaking joint venture with Swiss brands Ai Fame GmbH and Ai Lab Swiss AG, two of Europe's leading cannabis companies for nearly 20 years.

The announcement marks Green Relief's first international investment and the start of a global expansion plan. Using aquaponically-grown cannabis, the three companies will leverage their intellectual properties and technical expertise to create a new, never-before-seen line of cannabis products for sale throughout Europe and Canada.

"After establishing and strengthening a personal relationship over the past 12 months, words cannot describe my excitement to be partnering with Daniele Schibano and the entire Ai Fame GmbH and Ai Lab Swiss AG teams," says Warren Bravo, CEO of Green Relief Inc. "Together, we look forward to bringing a new kind of cannabis product to the European market as well as in Canada."

Founded by Schibano in 2000, Ai Fame GmbH and Ai Lab Swiss AG are GMP-certified companies based in the Swiss canton of St. Gallen who share many fundamental principles with Green Relief.

Ai Fame GmbH specializes in the cultivation, manufacturing, sales, and distribution of cannabis plants for the food and medical sectors. Ai Lab Swiss AG operates as a laboratory and research facility focused on the testing, propagation, and manufacturing of cannabis and hemp-based products. Over the past 18 years, the two companies have developed significant proprietary technology as well as an extensive distribution network.

"With more and more conversations over the past year, it became clear that our companies align perfectly not just on business practices, but important core values as well," Bravo said of the venture.

"It's a unique partnership that our customers will benefit immensely from."

About Green Relief Inc.

Green Relief Inc. is a Canadian licensed producer of medical cannabis under Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR).

SOURCE Green Relief Inc.