Leading Cannabis Industry Executive Joins New Victory Square Accelerator Grow Tech Labs

VANCOUVER, British Columbia, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square" or the "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6) a publicly-owned technology accelerator, today named Barinder Rasode, the highly-touted CEO of the National Institute for Cannabis Health and Education, as the Chief Executive Officer of Grow Tech Labs (GTL), the company’s newly-established cannabis accelerator.

The timing of Rasode’s appointment is fortuitous given that the Grow Tech Labs accelerator program is being launched in association with the October 2018 legalization of cannabis in Canada.

“We are very pleased that someone of Barinder’s experience and profile within the cannabis industry has agreed to help lead this exciting new initiative,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “In addition to attracting a diverse group of multi-generational leaders from the cannabis sector across Canada and around the world to Vancouver, Barinder will ensure that Grow Tech Labs delivers world class programs for participants that are rooted in innovation, scalable growth opportunities, entrepreneurship and mentorship. She literally checks all of the boxes for us.”

Ms. Rasode brings to Grow Tech Labs her unique background as both entrepreneur and long-time civil servant to the role of CEO. She carries key credentials such as in-depth experience with government policy acquired during her time as an elected Councillor for the City of Surrey, in healthcare as a member of Board of Directors for Fraser Health, and in the cannabis industry as co-founder and CEO of the National Institute for Cannabis Health and Education (NICHE) and co-founder of Cannabis Wise, a national product quality certification program.

Additionally, Barinder is a strong advocate for women in business as host of “SheTalks” radio and as a co-founder of the “SheTalks” conference series in British Columbia.

“I’m thrilled to join this Victory Square initiative to work together with leading industry partners to deliver world-class programs for participants that are rooted in innovation, entrepreneurship and mentorship,” said Rasode. “I’m so looking forward to working with our team at Grow Tech Labs to attract a diverse generation of cannabis sector leaders from across Canada and around the world to Vancouver.”

The Grow Tech Lab mandate is to help reaffirm BC’s status as a leading hub for global cannabis excellence and innovation. The company will:

  • Provide direct support, access to capital, mentorship and licensed space to locate innovative start-up Canadian companies in BC.

  • Deliver world class programs rooted in innovation, entrepreneurship and mentorship.

  • Attract international investment.

  • Accelerate the participation of small BC producers and processors in the legal marketplace.

  • Establish dedicated programming for female and Indigenous-founded/owned companies.

  • Establish partnerships with community, government, business and education organizations.

  • Develop a culture of corporate social responsibility in new and emerging sector.

Victory Square Technologies Inc. is a technology accelerator company that uses its experience, expertise and resources to help grow and scale its 23 portfolio companies. These companies are working on innovative and disruptive projects in every sector of the global economy, including Finance, Health, Cannabis, Real Estate, Insurance, Entertainment and Education.

Victory Square Technologies Inc. provides its stakeholders with a curated portfolio of emerging technology companies focused on: Artificial Intelligence (“AI”), Blockchain, Esports, Virtual Reality (“VR”), and Augmented Reality (“AR”), with the ability to provide significant upside to shareholders through monetization strategies that include IPO’s, RTO’s, and M&A activity.”

Nic Alex Murphy