Delta 9 Engages Kindred for Cannabis Wholesale Brokerage Services
08 Novembro 2022 - 8:00PM
DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the
"Company"), is pleased to announce that, through its wholly owned
subsidiary Delta 9 Bio-Tech Inc., it has entered into a Brokerage
Agreement (the “Agreement) with Kindred Partners Inc. (“Kindred”),
to provide exclusive brokerage and sales services for Delta 9’s
portfolio of branded cannabis products in Canada.
Kindred, a wholly-owned subsidiary of Breakthru
Beverage Group, is a Toronto-based specialty cannabis brokerage
serving the adult-use market. Kindred leverages the deep experience
of its sister-company, Breakthru Beverage Canada, in working with
Canadian Provincial control boards, licensed distributors and
retailers to broker regulated cannabis products for the adult-use
market. Kindred will provide its brokerage services to the Company
and use its national presence to market the Company’s portfolio of
brands nationwide. Delta 9 is well positioned to be a leader in the
Canadian cannabis market, as consumers across the country will have
access to Delta 9’s innovative cannabis products under its in-house
brands
“Having Kindred as our sales and brokerage
partner is a fantastic complement to the strong relationships that
we continue to build with the provincial boards and accelerates our
vision of becoming a leader in the Canadian cannabis market,” said
John Arbuthnot CEO of Delta 9, “Over the past twelve months Delta 9
has made advancements in product quality and significantly expanded
our product portfolio. We look forward to working with Kindred to
introduce Canadians to our portfolio of high-quality cannabis
products and gaining consumer trust for our brands. We believe that
with Kindred’s proven track record and our incredible portfolio of
branded cannabis products, we are well positioned to lead this next
wave of the cannabis industry.”
“We’re thrilled for the opportunity to represent
Delta 9’s portfolio and help introduce their high-quality products
to Canadian consumers,” said Curtis MacKenzie, Kindred’s Executive
Vice President and General Manager. “The Canadian cannabis market
is active and competitive, and we are excited to leverage our
expert team, our proven route-to-market and national presence to
bring their brands to more consumers across the country.”
For more information contact:
Investor & Media
Contact:Ian Chadsey, VP Corporate
AffairsMobile:
204-898-7722E-mail: ian.chadsey@delta9.ca
About Delta 9 Cannabis Inc.
Delta 9 Cannabis Inc. is a vertically integrated
cannabis company focused on bringing the highest quality cannabis
products to market. Delta 9's wholly-owned subsidiary, Delta 9
Bio-Tech Inc., is a licensed producer of medical and recreational
cannabis and operates an 80,000 square foot production facility
in Winnipeg, Manitoba, Canada. Delta 9 owns and operates a
chain of retail stores under the Delta 9 Cannabis Store brand.
Delta 9's shares trade on the Toronto Stock Exchange under the
symbol "DN" and on the OTCQX under the symbol "DLTNF". For more
information, please visit www.delta9.ca.
About Kindred Partners Inc.
Kindred Partners Inc. is a wholly-owned Canadian
subsidiary of Breakthru Beverage Group representing cannabis
products to the Canadian recreational market. This dedicated
cannabis sales brokerage business operates independently from its
sister company, Breakthru Beverage Canada, a leading Canadian
beverage alcohol broker. For more information, please visit
www.kindredcanada.ca.
Disclaimer for Forward-Looking Information
Certain statements in this release are
forward-looking statements, which reflect the expectations of
management regarding the Company's future business plans and other
matters. Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Forward
looking statements in this news release include statements relating
to: (i) the Company’s ability to utilize Kindred’s brokerage and
marketing services, and (ii) the Company’s ability to produce
increased revenue from cannabis wholesale sales. Such statements
are subject to risks and uncertainties that may cause actual
results, performance or developments to differ materially from
those contained in the statements, including the Company’s
Distribution Services not being as anticipated, as well as all risk
factors set forth in the annual information form of Delta 9 dated
March 31, 2022 which has been filed on SEDAR. No assurance can be
given that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the
Company will obtain from them. Readers are urged to consider these
factors carefully in evaluating the forward-looking statements
contained in this news release and are cautioned not to place undue
reliance on such forward-looking statements, which are qualified in
their entirety by these cautionary statements. These
forward-looking statements are made as of the date hereof and the
Company disclaims any intent or obligation to update publicly any
forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as required by
applicable securities laws.
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