Blissco Signs Supplier Agreement & Receives Initial Purchase Orders from BC Liquor Distribution Branch

Not for distribution in the U.S. or to U.S. Newswires

Vancouver, CANADA

VANCOUVER, British Columbia, Dec. 20, 2018 (GLOBE NEWSWIRE) -- Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B), (“Blissco”) or the (“Company”) is pleased to announce that the Company has signed a supply agreement with the British Columbia Liquor Distribution Branch (BCLDB) for non-medical cannabis. As well, Blissco has received initial purchase orders from the BCLDB for dried flower and pre-rolled products.

“Blissco has developed a strong working relationship with the BCLDB and this agreement will allow us to supply the recreational market in British Columbia. Having spent many years working closely with the BCLDB in my role with JAKs Beer Wine and Spirits, I understand how important reliable and high-quality product is. We are excited to begin this new chapter and be a key partner in the growth of this industry,” said Damian Kettlewell, CEO and founder of Blissco Cannabis Corp.

Blissco will allocate a significant portion of its premium dried flower, pre-rolled products and unique strains to the BCLDB. 

The BCLDB is the sole wholesale distributor and public retailer of non-medical cannabis in BC.

Blissco is currently in active discussions with other provinces across Canada regarding the purchase of Blissco recreational cannabis products.

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 licensed producer, processor, and distributor of ultra-premium dried cannabis and cannabis oil.

Blissco is committed to providing distinguished service to its medical clients and plans to launch a telemedicine app to offer mobile access to a Nurse Practitioner for easy guidance and access to a prescription for medical cannabis products. Blissco is also developing an e-commerce website for its medical clients that will house a curated shop of premium dried cannabis, cannabis oil and related products. Blissco will be selling adult-use dried cannabis and processed products in Canadian provinces.

Blissco provides processing, extraction and distribution services to the growing market of licensed Canadian cannabis cultivators. The Company leverages cutting-edge technology and is continuously developing its network of top-tier industry cultivators, retailers, and innovators. Blissco is backed by an experienced team that is deeply in tune and integrated with industry partners and Blissco's clients.

Learn more:

On Behalf of the Board of Directors
Damian Kettlewell, Founder & CEO

For further information please contact:
Investor Relations
# 1-604-484-9119

Forward-Looking 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.