Emerald Health Therapeutics Expands Adult-Use Cannabis Product Distribution to Nova Scotia
22 Outubro 2019 - 8:00AM
Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX:
EMHTF) has fulfilled its first shipment of premium cannabis
products to the Nova Scotia Liquor Corporation (NSLC) for the
adult-use market. This first shipment consisted of Emerald’s high
potency SYNC 25 CBD oil and White Rhino cannabis flower, two of
Emerald’s best-selling products in other markets.
“We are pleased to have the opportunity to serve
customers in Nova Scotia,” said Riaz Bandali, Chief Executive
Officer of Emerald. “The NSLC was looking for popular cannabis
products to broaden their offering. Our quality products provide
the attributes they were looking for and having access to this new
market further expands Emerald’s distribution and adult-use
consumer reach.”
Emerald has now shipped cannabis across Canada
to the Ontario Cannabis Retail Corporation, Cannabis Retail Store;
the Alberta Gaming, Liquor and Cannabis; the British Columbia
Liquor Distribution Board; the Société Québécoise du Cannabis; the
Newfoundland Labrador Liquor Corporation; the Nova Scotia Liquor
Corporation; PEI Cannabis; the Manitoba Liquor & Lotteries
Corporation; the Yukon Liquor Corporation; and to licensed private
retailers in Saskatchewan.
About Emerald Health
Therapeutics
Emerald Health Therapeutics, Inc. is a Canadian
licensed producer of cannabis products focused on differentiated,
value-added product development for medical and adult-use customers
supported by novel intellectual property, large-scale cultivation,
extraction, and softgel encapsulation, as well as unique marketing
and distribution channels. Its 50%-owned Pure Sunfarms operation in
British Columbia has reached its full run-rate annual production of
approximately 75,000 kg at its first 1.1 million square foot
greenhouse operation, Delta 3. Pure Sunfarms’ second 1.1 million
square foot greenhouse, Delta 2, is planned to be in full
production by the end of 2020. Emerald’s Verdélite subsidiary is a
fully-licensed high-quality indoor growing and processing facility
in Québec focused on premium, craft cannabis strains. Its Metro
Vancouver organic greenhouse and outdoor operation is approved for
substantial commercial production. Emerald has contracted for
approximately 1,000 acres of hemp annually in 2019 to 2022 with the
objective of extracting low-cost CBD. The executive team is highly
experienced in life sciences, product development, large-scale
agri-business, and marketing.
Please visit www.emeraldhealth.ca for more
information or contact:
Rob Hill, Chief Financial Officer (800) 757 3536
Ext. #5
Emerald Investor Relations(800) 757 3536 Ext.
#5invest@emeraldhealth.ca
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking
Statements: Certain statements made in this press release that are
not historical facts are forward-looking statements and are subject
to important risks, uncertainties and assumptions, both general and
specific, which give rise to the possibility that actual results or
events could differ materially from our expectations expressed in
or implied by such forward-looking statements. Such statements
include obtaining required regulatory approvals; production and
processing capacity of various facilities; expansion of facilities;
obtaining additional cultivation licenses and other permits;
production at various facilities; receipt of hemp deliveries;
entering into of strategic agreements; payments of amounts owed to
and owed by Emerald; transplanting crops; obtaining final municipal
approvals; assessment of cultivation and harvesting techniques;
scale up of reliable, quality low-cost cannabis; and anticipated
production costs.
We cannot guarantee that any forward-looking
statement will materialize, and readers are cautioned not to place
undue reliance on these forward-looking statements. These
forward-looking statements involve risks and uncertainties related
to, among other things, changes of law and regulations; changes of
government; failure to obtain regulatory approvals or permits;
failure to obtain necessary financing; results of production and
sale activities; results of scientific research; regulatory
changes; changes in prices and costs of inputs; demand for labour;
demand for products; failure of counter-parties to perform
contractual obligations; as well as the risk factors described in
the Company’s annual information form and other regulatory filings.
The forward-looking statements contained in this press release
represent our expectations as of the date hereof. Forward-looking
statements are presented for the purpose of providing information
about management's current expectations and plans and allowing
investors and others to obtain a better understanding of our
anticipated operating environment. Readers are cautioned that such
information may not be appropriate for other purposes. The Company
undertakes no obligations to update or revise such statements to
reflect new circumstances or unanticipated events as they occur,
unless required by applicable law.
Emerald Health Therapeut... (TSXV:EMH)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Emerald Health Therapeut... (TSXV:EMH)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024