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or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 143,932,730
Close 2019-05-14 C$ 3.65
Market Cap C$ 525,354,465
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Emerald Health gets OK to sell pot goods in PEI, Man.

2019-05-14 09:08 ET - News Release

Mr. Rob Hill reports

EMERALD HEALTH THERAPEUTICS EXPANDS ADULT-USE CANNABIS DISTRIBUTION TO ADDITIONAL PROVINCES

Emerald Health Therapeutics Inc. has been authorized by PEI Cannabis and Manitoba Liquor & Lotteries Corp. to supply Emerald-branded cannabis products into those provinces. Emerald has also fulfilled its first shipments of premium cannabis products to PEI Cannabis and to licensed private retailers in Saskatchewan.

"We are pleased to have the opportunity to serve additional provinces," said Dr. Avtar Dhillon, president and executive chairman of Emerald. "We believe that our growing nationwide presence reflects the recognition of Emerald as a reliable and consistent cannabis supplier. We look forward to continuing to expand our supply of quality Emerald cannabis products to the Canadian adult-use market."

Emerald's cannabis supply is provided by its Verdelite indoor facility in Quebec and Pure Sunfarms, its 50-per-cent-owned joint venture in British Columbia that is fully planted in its 1.03-million-square-foot greenhouse growing area. Pure Sunfarms is on track to reach its annualized production run-rate of 75,000 kilograms by mid-2019.

Emerald is currently delivering cannabis to the Ontario Cannabis Retail Corp., Cannabis Retail Store (CRS), the British Columbia Liquor Distribution Board (BCLDB), the Newfoundland Labrador Liquor Corp. and the Yukon Liquor Corp. It has also signed a letter of intent with the Societe Quebecoise du Cannabis (SQDC) to supply cannabis to Quebec and a sales agreement with the Alberta Gaming, Liquor and Cannabis (AGLC) to supply cannabis to Alberta.

About Emerald Health Therapeutics Inc.

Emerald Health is a Canadian licensed producer of cannabis. Its 50-per-cent-owned Pure Sunfarms joint venture in British Columbia is licensed and in full production in 1.03 million square feet of the first of its two 1.1-million-square-foot greenhouses. The capacity of each greenhouse is estimated to exceed 75,000 kilograms of cannabis annually. Emerald's Verdelite operation in Saint Eustache, Que., is completing the buildout of its 88,000-square-foot indoor cultivation facility and is scaling up production.

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