Not for distribution in the U.S. or to U.S. Newswires
VANCOUVER, British Columbia, April 12, 2019 (GLOBE NEWSWIRE) -- Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B), (“Blissco”) or the (“Company”) is a Canadian wellness 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 distribution and supply agreement with National Cannabis Distribution. National Cannabis Distribution is a Canadian company that distributes cannabis products and cannabis accessories with an initial distribution network established in Saskatchewan. The supply agreement with Blissco contains both whole dried flower and pre-rolled cannabis products with the option to include oils, extracts, edibles and topicals in the future.
“Saskatchewan has a private wholesale and private retail cannabis distribution model making it unique amongst Canadian provinces. Blissco is delighted to partner with National Cannabis Distribution as we are both aligned on the values of premium cannabis products, compliance and social responsibility," said Damian Kettlewell, Blissco CEO. “We are excited to make National Cannabis Distribution our partner in Saskatchewan for two years. Initially, we will provide them Blissco’s whole dried flower and pre-rolled cannabis products for distribution to their network of 15 stores in Saskatchewan. Later in 2019, we look forward to providing National Cannabis Distribution with Blissco’s full spectrum cannabis oil and extract products.”
Blissco was approved by the Saskatchewan Liquor and Gaming Authority as a cannabis supplier in January 2019.
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 facility located in Metro Vancouver, British Columbia with extraction, processing and cultivation and rooms. Blissco is supplying premium cannabis and Reserve whole flower and dried flower pre-rolls to the Canadian market with supply agreements in British Columbia, Alberta, Saskatchewan, and New Brunswick.
In support of Blissco’s global distribution strategy, the company has initiated its EU GMP certification process and has completed its first inspection by German authorities.
With a licence to process cannabis oil earned 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.