Biome Grow Wins Right to Sell Cannabis in Manitoba


2019-08-15 00:26:12 CFN Media Group


TORONTO, Aug. 14, 2019 — Biome Grow Inc.  is pleased to announce that it has been licensed for the retail sale of cannabis in the province of Manitoba. This announcement comes on the back of recent approvals allowing Biome to distribute cannabis products in Saskatchewan and New Brunswick. With this announcement, Biome is licensed to distribute cannabis in five provinces: Newfoundland and Labrador, Nova Scotia, Saskatchewan, New Brunswick and now Manitoba. Select strains of dried flower and pre-rolls will be supplied to private retailers all across Manitoba from Highland Grow, Biome’s wholly-owned cultivation facility in Antigonish, Nova Scotia. As was the case in New Brunswick and Saskatchewan, the genesis of this agreement stemmed from organic demand for Biome’s highly regarded products from cannabis connoisseurs and dispensary operators in Manitoba. This led management to actively pursue the approvals necessary to start shipping high quality product to the province’s 35 licensed retailers. Biome’s CEO, Khurram Malik, commented: “We are happy that our high quality, premium flower and pre-rolls have which have proven very popular with discerning consumers in Atlantic Canada and Saskatchewan will now be available to the 1.4 million people of ‘Friendly Manitoba’.“ Biome has more than doubled its distribution footprint domestically in the past two months and looks forward to more expansion in the future, continuing to build out the commercial footprint begun in January of this year. For further information, please contact: Scott Cuthbertson VP Investor Relations [email protected] 647-462-8797 About Biome Biome wholly owns five subsidiaries, including: The Back Home Medical Cannabis Corporation, a company incorporated under the laws of the Province of Newfoundland and Labrador and in the late stages of applying for a license under the Cannabis Act; Great Lakes Cannabis, a company incorporated under the laws of the Province of Ontario and in the late stages of applying for a license under the Cannabis Act; Highland Grow Inc., a licensed producer in Nova Scotia under Canada’s ACMPR; Red Sands Craft Cannabis Co., a company incorporated under the laws of the Province of Prince Edward Island, and; Weed Virtual Retail Inc., a company incorporated under the laws of the Province of Ontario in the business of operating a new virtual reality technology platform focused exclusively on the medical and recreational cannabis markets. Biome is a Canadian-based company with national and international business interests. Forward-looking Statements This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as “plans”, “ expects” or “does not expect”, “proposed”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward‐looking statements and information concerning Biome’s retail sales in Saskatchewan, the corresponding supply and demand for cannabis products in the province and Biome’s business plans. Such forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to Biome, including, among other things, assumptions and expectations with respect to satisfying the terms of the conditional approval to commence retail sales in Saskatchewan and customer and retailer demand. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements, including, among other things: a failure to obtain or delays in obtaining the required approval in Saskatchewan; changes to legislation; changes in cannabis research or the general public’s perception of cannabis; crop failure; labour disputes; increases in labour and/or construction costs; rising energy costs; an inability to access financing as needed; and general economic downturn. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements speak only as of the date on which they are made, and Biome, or any of its subsidiaries undertakes no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
2019年8月14日, TOROONTO —— Biome Grow Inc .高兴地宣布,它已获得马尼托巴省大麻零售许可。这一声明是在最近批准允许 Biome 公司在萨斯喀彻温省和新不伦瑞克分销大麻产品的基础上做出的。 随着这一宣布, Biome 获准在五个省分发大麻:纽芬兰和拉布拉多、新斯科舍省、萨斯喀彻温省、新不伦瑞克和现在的马尼托巴省。选择菌株的干花和预卷将提供给所有马尼托巴省的私人零售商从高地种植, Biome 的全资种植设施在安提戈尼什,新斯科舍省。 正如新不伦瑞克省和萨斯喀彻温省的情况一样,这一协议的产生源于马尼托巴省大麻鉴赏家和药房经营者对 Biome 备受推崇的产品的有机需求。这导致管理层积极寻求必要的批准,开始向该省35家特许零售商发货优质产品。 Biome 的首席执行官 Khurlam Malik 评论道:“我们很高兴,我们的高品质、优质花卉和预卷册已被证明非常受大西洋加拿大和萨斯喀彻温省的挑剔消费者欢迎,现在将提供给140万‘友好的马尼托巴人’。”“” 过去两个月,百奥美在国内的分销足迹增加了一倍多,并期待未来进一步扩张,继续扩大今年1月开始的商业足迹。 详情请联络: Scott Cuthbertson 副总裁投资者关系 [受电邮保护] 647-462-8797 关于 Biome Biome 全资拥有五家子公司,包括: Back Home Medical Cannabis Corporation ,一家根据纽芬兰和拉布拉多省法律注册成立的公司,在根据坎纳比斯法案申请许可证的后期阶段;大湖 Cannabis ,一家根据安大略省法律注册成立的公司,在根据坎纳比斯法案申请许可证的后期阶段; Highland Grow Inc .,一家根据加拿大 ACMPR 在新斯科舍省注册的特许生产商; Red Sands Craft Cannabis Co .,一家根据爱德华王子岛法律注册的公司; Weed Virtual Retail Inc .一家根据安大略省法律注册成立的公司,经营一个新的虚拟现实技术平台,专门专注于医疗和娱乐大麻市场。Biome 是一家总部位于加拿大的公司,拥有国家和国际商业利益。 前瞻性陈述 本新闻稿包含前瞻性声明和适用证券法意义内的前瞻性信息。这些报表涉及未来事件或未来业绩。除历史事实陈述之外的所有陈述都可能是前瞻性陈述或信息。一般而言,前瞻性陈述和信息可通过使用前瞻性术语来识别,例如“计划”、“预期”或“不预期”、“建议”、“预期”、“预算”、“计划”、“估计”、“预测”、“打算”、“预期”或“不预期”或“相信”或此类词语和短语的变化。或使用说明某些行动、事件或结果可能、可能、可能或可能发生或实现的词语或短语。更特别是且不限于,本新闻稿包含前瞻性的声明和信息,涉及 Biome 在萨斯喀彻温省的零售销售、该省对大麻产品的相应供求以及 Biome 的商业计划。此类前瞻性陈述和信息反映了管理层当前的信念,并基于 Biome 做出的假设和目前可获得的信息,包括满足条件批准的条件以开始萨斯喀彻温省的零售销售以及客户和零售商需求方面的假设和期望。 这些前瞻性陈述存在可能导致实际结果与前瞻性陈述中明示或暗示的结果存在重大差异的风险和不确定性,包括除其他外:未能获得或推迟获得萨斯喀彻温省所需的批准;立法的修改;大麻研究或公众对大麻的看法的改变;作物歉收;劳工纠纷;劳工和/或建筑费用的增加;能源费用的增加;必要时无法获得资金;以及总体经济衰退。 读者须注意,切勿过度依赖前瞻性陈述,因为无法保证所依据的计划、意图或期望会发生。虽然管理层在编制时认为这些资料合理,但可能证明这些资料不正确,实际结果可能与预期结果有重大差异。前瞻性陈述仅在作出之日起表述,除法律要求外,百奥美或其任何子公司不承担更新或修订任何前瞻性陈述的义务,无论是由于新信息、未来事件或其他原因。本新闻稿中所包含的前瞻性陈述明确符合本警告声明的要求。