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VANCOUVER, British Columbia, March 18, 2019 (GLOBE NEWSWIRE) -- Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B), (“Blissco”) or the (“Company”) is a Canadian cannabis brand based in British Columbia, a licensed processor and producer of premium dried cannabis and cannabis oil, and a licensed distributor of dried cannabis products. The Company is pleased to announce that it has signed a supply agreement with AGLC that includes renewal options.
Blissco will enter the Alberta recreational cannabis market, supplying the province initially with three strains from their whole flower collection. Blissco products will be available at Alberta retail locations and on albertacannabis.org. “Alberta has the highest cannabis retail sales in Canada, and we are excited for the opportunity to supply this growing market with our premium dried cannabis and offer cannabis extract products later in 2019,” said Damian Kettlewell, Blissco CEO.
Blissco’s list of supply agreements continues to expand as the company now has agreements to supply the British Columbia, Saskatchewan and Alberta markets domestically and the German market internationally. “We look forward to continuing to add to our customer list as we meet with more provinces as well as international partners,” adds Kettlewell.
CTV reported that in the first months following Canada’s legalization of cannabis the nation has recorded more than $150 million in retail sales with Alberta posting the highest retail sales numbers.
About Blissco Cannabis Corp.
Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B) is a Canadian wellness cannabis brand based in British Columbia and a multi-licensed processor, cultivator, and distributor of premium cannabis.
Blissco owns and operates an 18,000 square foot, state-of-the-art GPP facility located in Metro Vancouver, British Columbia with extraction, cultivation and processing rooms. Blissco is supplying premium cannabis and small-batch Reserve whole flower and dried flower pre-rolls to the Canadian and global marketplace with a growing list of provincial cannabis boards and international distribution partners.
With a licence to process cannabis oil acquired in August 2018, Blissco’s extraction lab is also in operation preparing a line of full spectrum oils for distribution in 2019.
Learn more at blissco.com.
On Behalf of the Board of Directors
BLISSCO CANNABIS CORP.
Damian Kettlewell, CEO, Founder & Chair
For further information please contact:
1 604 484-9119
investors@blissco.com
Cautionary Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the word “will” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the following: the ability to execute on our strategic plans and the impact on our future operations, capital expenditures, receipt of a cannabis oil license and a license to sell dried cannabis and other objectives. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
The CSE has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.