16:33:45 EST Tue 10 Dec 2019
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Beleave Inc
Symbol BE
Shares Issued 483,180,568
Close 2019-07-11 C$ 0.08
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Beleave begins sales of cannabis oils for adult use

2019-07-11 10:02 ET - News Release

Mr. Bill Panagiotakopoulos reports


Beleave Inc. has commenced sales of the company's cannabis oils for the Canadian adult-use market, with product expected to hit store shelves early next week.

"Adding oils to our product line allows us to meet the needs of our customers in the Canadian adult-use market," said Bill Panagiotakopoulos, chief executive officer of Beleave. "As our production capacity expands, we will continue to increase our investments and product offerings in the higher-margin, undersupplied, non-combustible market.

Beleave's high-quality cannabis oil is produced from a variety of strains grown by the cultivation team, including Ultra Sour, a particularly popular one for the company. The oil is packaged in 30-millilitre bottles and provides 14.07 milligrams of THC (tetrahydrocannabinol) per millilitre.

Beleave has focused on producing a variety of cannabis products to meet the needs of its diverse adult-use clients. Until now, that meant growing a selection of different strains to ensure that clients find the one that they prefer and meets their needs. With its focus on oils, the company is investing in the smokeless applications for cannabis products and continues to prepare for the expanded cannabis market later this year with research into tasteless, odourless dissolvable powders.

The first oil order was shipped to Wiid Boutique, a local brick-and-mortar retailer in Regina, Sask. The company has several other sales agreements in progress and will update the market on its sales and distribution plans in future announcements.

About Beleave Inc.

Beleave is an ISO-certified Canadian cannabis company headquartered in the Greater Toronto Area that cultivates high-quality cannabis flower, oil and extracts for medical and recreational markets. Beleave is fully licensed to cultivate and sell medical and recreational cannabis and is leading the way through research partnerships with universities to develop pharma-grade extracts and derivatives.

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