01:49:37 EDT Fri 26 Apr 2024
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Harvest One Cannabis Inc
Symbol HVT
Shares Issued 173,621,452
Close 2018-07-11 C$ 0.79
Market Cap C$ 137,160,947
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Harvest One to supply BCLDB with recreational cannabis

2018-07-12 12:13 ET - News Release

Mr. Grant Froese reports

UNITED GREENERIES WELCOMES PARTNERSHIP WITH THE BRITISH COLUMBIA LIQUOR DISTRIBUTION BOARD CANADA

Harvest One Cannabis Inc.'s wholly owned subsidiary, United Greeneries Ltd., has signed a memorandum of understanding with the British Columbia Liquor Distribution Board (BCLDB) for the supply of recreational cannabis.

The company welcomes the memorandum of understanding to supply its home province with the high-quality British Columbia-grown cannabis for which United Greeneries is known. The company is currently in negotiations with other provincial distributors and private retailers across the country.

"We look forward to partnering with the BCLDB and this agreement is an important step in establishing Harvest One's house of brands in the newly created recreational market," said Grant Froese, chief executive officer of Harvest One. "We are excited to bring our craft cannabis products to British Columbia's consumers, and we look forward to delivering to our customers a premium cannabis experience."

The company, under its brands Royal High and Captain's Choice, brings to the market a high calibre of craft cannabis grown in British Columbia. Royal High is a premium full-bud product hand-picked to deliver small-batch cannabis with an unrivalled flavour and quality. Captain's Choice is a high-quality milled, blended product crafted to give the consumer the best-possible taste for the best-possible value.

About Harvest One Cannabis Inc.

Harvest One is a global cannabis company focused on delivering high-quality, innovative cannabis products and technology to regulated markets around the world. Shareholders have significant exposure to the entire cannabis value chain through three wholly owned operating subsidiaries: horticultural arm and Canadian licensed producer United Greeneries; medical and pharmaceutical arm Satipharm AG in Switzerland; and Dream Water Global, the group's consumer goods division.

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