UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 6, 2019
GSRX INDUSTRIES INC.
(Exact name of registrant as specified in its charter)
Nevada | 333-141929 | 14-1982491 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
Building No. 3, P.E. 606, int. Jose Efron Ave.
Dorado, Puerto Rico 00646
(Address of principal executive offices) (zip code)
(214) 808-8649
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Copy to:
Darrin M. Ocasio, Esq.
Sichenzia Ross Ference LLP
1185 Avenue of the Americas, 37th Floor
New York, New York 10036
Phone: (212) 930-9700
Fax: (212) 930-9725
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure.
On February 5, 2019, GSRX Industries Inc. (the “Company”) issued a press release announcing, among other things, that the launch of its new e-commerce site GetPureandNatural.com took place on January 23, 2019 and enjoyed healthy sales during its first two weeks. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Current Report, including the exhibits hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the accompanying Exhibit 99.1 shall not be incorporated by reference into any registration statement or other document filed by the Company with the Securities and Exchange Commission, whether made before or after the date of this report, regardless of any general incorporation language in such filing (or any reference to this Current Report on Form 8-K generally), except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.
Exhibit Number | Description | |
99.1 | Press Release, dated February 5, 2019 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GSRX INDUSTRIES INC. | ||
Dated: February 6, 2019 | By: | /s/ Thomas Gingerich |
Name: | Thomas Gingerich | |
Title: | Chief Financial Officer |
FOR IMMEDIATE RELEASE
HEALTHY INITIAL SALES MARK LAUNCH OF NEW CBD E-COMMERCE SITE GETPUREANDNATURAL.COM
GetPureAndNatural.com Owned and Operated by
GSRX Industries Inc.
Dorado, Puerto Rico, February 5, 2019 – GSRX Industries Inc. (OTCQB: GSRX) (“GSRX” or, the “Company”) announced that the launch of its new e-commerce site GetPureandNatural.com took place on January 23, and has enjoyed healthy sales during its first two weeks of operation. The site is dedicated to the online sale of pure, full-spectrum Hemp-based non-THC CBD products that are naturally certified organic. GetPureandNatural.com offers a broad range of pharmaceutical grade CBD products, including health, wellness, skin care and pet products.
Consumers are already finding the site, placing orders and accepting delivery of the Company’s exclusive Pure and Natural products. Next the Company is backing the launch with a marketing/advertising campaign aimed at creating awareness and driving sales throughout the U.S. Using pharmaceutical grade, full spectrum and naturally certified organic Hemp CBD oil to formulate all products allows the site to offer the very best CBD available today, available for shipping worldwide (except where prohibited by law) through GetPureandNatural.com.
Pure and Natural products are all brought to market following a seven-step process, beginning with organic farming in Colorado, through proprietary extraction and solids separation, distillation and refining, then rigorous in-house laboratory testing and certification in order to deliver what we consider to be the purest and most natural CBD products on the market today. Our CBD products are manufactured in an FDA-certified GMP facility, and they contain only full spectrum oils, extracted using either supercritical CO2 or food grade ethanol, and are made using proprietary nanoemulsion technology, which gives Pure and Natural CBD products a higher bioavailability than that of standard products.
Each of our CBD products is held to our high growing and manufacturing standards, and includes a wide variety of product categories, including CBD Softgels, which are also available with Melatonin for sleep, and an anti-inflammatory Curcumin formula; CBD Energy Drink Packets; CBD Oil Tinctures; CBD Salve; CBD Vape Pens and CBD Pet Products. The site offers free ground shipping on all orders within the continental United States.
In launching the site, GSRX has expanded its presence in the fast-growing hemp industry which, according to Hemp Business Journal, logged sales of $190 million in hemp-derived CBD products during 2017. The publication projects hemp-derived CBD consumer sales of $646 million annually by 2022. (Hemp Business Journal)
About GSRX Industries Inc. GSRX Industries Inc. (OTCQB: GSRX), through its subsidiaries, is in the business of acquiring, developing and operating retail cannabis dispensaries, and is in the process of expanding its business to include the cultivation, extraction, manufacture and delivery of cannabis and cannabinoid products. Currently, GSRX operates five cannabis dispensaries in Puerto Rico under the name Green spirit RX, one dispensary in California under the name The Green Room, and has five additional pre-qualified locations in Puerto Rico, all of which are in various phases of development and construction.
Websites:
Green Spirit RX https://www.greenspiritrx.com/
Spirulinex https://www.spirulinex.com
Get Pure and Natural GetPureandNatural.com
Instagram:
Spirulinex https://www.instagram.com/spirulinex/
The Green Room https://www.instagram.com/greenroommendo/
Facebook:
Green Spirit RX (Puerto Rico) https://www.facebook.com/Green-Spirit-Rx-746194692378429/
Spirulinex https://www.facebook.com/spirulinex/
The Green Room https://www.facebook.com/greenroommendo/
Forward-Looking Statements
This press release contains forward-looking statements. Such statements include statements regarding our expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy, competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statement except where applicable law requires us to update these statements. Market data used throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are based upon their review of internal surveys, independent industry publications and other publicly available information.
Contact:
Paul Gendreau
PGPR
paul@pgprmedia.com
678-807-7945