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Camarico Aligns with Google Cloud for Proprietary Cannabis Cultivation Operating System

Tickers: XTSX:CEA, XCNQ:CIG
Tags: #Oil&Gas



November 4, 2019 - TheNewswire - Camarico Investment Group Ltd. (CSE: CIG) ("Company") is pleased to announce that it has aligned with Google Cloud for the integration of Camarico operating systems and ongoing development support of proprietary cultivation management & blockchain systems. The systems are being strategically developed for Camarico's Georgetown cannabis development and FamliFarm operations.

Camarico's proprietary operating & blockchain system will be an evolving development mandate with the assistance of Google Cloud's team and engineers. The project's mandate is to optimize automated control systems, data logging and integration of technical data for the future implementation of A.I. (Artificial Intelligence) systems. A smart system will enhance the consistency and traceability of product, while reducing the associated footprint of water, nutrient, consumables and energy consumption.

For further information regarding Camarico, see the Company's profile on SEDAR at www.sedar.com.

Contact information

Tel: 1-403-861-6779

Email: mloree@camarico.ca

R. Mackenzie Loree

CEO & Director

Camarico Investment Group Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the CSE accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including the statements that: (i) the delisting of its common shares from the TSXV; and (ii) the expected listing on its common shares on the CSE. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information contained in this news release.

Copyright (c) 2019 TheNewswire - All rights reserved.

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