/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
RED DEER, AB, March 10, 2021 /CNW/ - CanadaBis Capital
Inc's 100% owned subsidiary, Stigma Grow, is pleased to announce
that the Ontario Cannabis Store (OCS), Ontario's only online retailer and wholesaler
of legal recreational cannabis in the province, has entered into a
supply agreement with a selection of Stigma Grow products directly
to their growing list of retailers and online shoppers as early as
April 2021.
Stigma Grow is thrilled to begin bringing their live-resin,
high-terpene, full-spectrum extracts (HCFSE) into the province,
starting with their Black NGL and White NGL vape cartridges.
Offering true, full-spectrum, hydrocarbon butane quality extracts
within a vape category currently dominated by distillates.
"We are excited to finally bring our lineup of live-resin
concentrates to a province who has long awaited the type of
quality, potency and pricing that we can bring to the 2.0 product
space," says Travis McIntyre, CEO of
CanadaBis Capital Inc. "For the past few months, we've leveraged
our relationships and in-house expertise to help lead the growth of
the concentrate's category across Canada – ensuring our brands remain engaging
and educational, while our products continue to push for
high-quality and fair pricing in everything we offer. It appears
the word is getting out all across Canada."
The addition of Ontario to the
growing list of provinces now selling Stigma Grow products comes
just a few weeks after the successfully launch of Stigma Grow's
entire product lineup across British
Columbia including their newly launched, high-value
concentrates brand Dab Bods, and their popular lineup of Chapter 1
Badders and Live-Resin Budders.
Now available and in-demand across BC, Alberta, Saskatchewan, Manitoba, Ontario and Nova
Scotia, Stigma Grow has increased their production volume
capacity significantly to meet what they believe will be a growing
demand for unique and popular products, as well as to prepare and
position their products for future global markets.
About Stigma Grow
Stigma Grow is a cutting-edge cannabis cultivation and
extraction company positioned advantageously to meet the unmet
market demands and stigmas within the legal cannabis industry head
on, with products designed to disturb the status quo and
dramatically shift the conversation surrounding Canada's legal cannabis industry.
About CanadaBis Capital Inc.
CanadaBis Capital Inc. (TSXV:CANB) is a vertically integrated
Canadian cannabis company focused on achieving large-scale growth
in the fast-emerging global cannabis market. By targeting organic
growth opportunities alongside the right-fit partners, we remain
focused on finding and capitalizing on chances to grow, diversify
and continue to lead our industry.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain "forward-looking statements"
under applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to statements with respect
to our business and operations; timing of the Company's
profitability; the demand and sales volumes of the Company's
products, and our general business plans. Forward-looking
statements are necessarily based upon a number of assumptions
including: the ability of the Company's products to compete with
the pricing and product availability on the black-market; the
market demand for the Company's products; and assumptions
concerning the Company's competitive advantages. These assumptions,
while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause actual
results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such factors
include, but are not limited to: compliance with extensive
government regulation, the general business, economic, competitive,
political and social uncertainties; ability to sustain or create a
demand for a product; requirement for further capital; delay or
failure to receive board, shareholder or regulatory approvals; the
results of operations and such other matters as set out in the
Company's continuous disclosure on SEDAR at www.sedar.com.
There can be n no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. Investors are cautioned that
forward-looking information is not based on historical facts but
instead reflects management's expectations, estimates or
projections concerning future results or events based on the
opinions, assumptions and estimates of management considered
reasonable at the date the statements are made. Although we believe
that the expectations reflected in such forward-looking information
are reasonable, such information involves risks and uncertainties,
and undue reliance should not be placed on such information, as
unknown or unpredictable factors could have a material adverse
effect on our future results, performance or achievements.
Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking information
prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed,
estimated or expected. Although the Company has attempted to
identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended. The
Company does not intend, and does not assume any obligation, to
update this forward-looking information except as otherwise
required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
FORWARD LOOKING STATEMENTS
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING INFORMATION" WITHIN
THE MEANING OF APPLICABLE SECURITIES LAWS INCLUDING STATEMENTS
REGARDING THE FUTURE PURCHASE ORDERS, THE DEMAND FOR EMBARK'S
PRODUCTS, TIMING FOR THE SALE OF ADDITIONAL PRODUCTS, THE SUCCESS
OF EMBARK'S PRODUCTS IN THE MARKET AND THE ABILITY OF EMBARK TO
SUCCESSFULLY EXECUTE ITS BUSINESS PLAN. ALTHOUGH EMBARK BELIEVES IN
LIGHT OF THE ESTIMATES BY MANAGEMENT, CURRENT CONDITIONS AND
EXPECTED FUTURE DEVELOPMENTS AND OTHER FACTORS, THAT THE
EXPECTATIONS REFLECTED IN THIS FORWARD-LOOKING INFORMATION ARE
REASONABLE, UNDUE RELIANCE SHOULD NOT BE PLACED ON THEM.
ACCORDINGLY, EMBARK CAN GIVE NO ASSURANCE THAT THEY WILL PROVE TO
BE CORRECT. ACTUAL RESULTS AND DEVELOPMENTS MAY DIFFER MATERIALLY
FROM THOSE CONTEMPLATED BY THESE STATEMENTS DEPENDING ON, AMONG
OTHER THINGS, CHANGES IN ECONOMIC CONDITIONS OR FINANCIAL MARKETS;
REGULATORY DELAYS; INCREASES IN COSTS; LITIGATION; LEGISLATIVE,
ENVIRONMENTAL AND OTHER JUDICIAL, REGULATORY, POLITICAL AND
COMPETITIVE DEVELOPMENTS; AND TECHNOLOGICAL OR OPERATIONAL
DIFFICULTIES. THIS LIST IS NOT EXHAUSTIVE OF THE FACTORS THAT MAY
AFFECT OUR FORWARD-LOOKING INFORMATION. THE STATEMENTS IN THIS
PRESS RELEASE ARE MADE AS OF THE DATE OF THIS RELEASE. THE COMPANY
ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR
TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE
REFLECTED IN THE FORWARD-LOOKING STATEMENTS UNLESS AND UNTIL
REQUIRED BY SECURITIES LAWS APPLICABLE TO THE COMPANY.
SOURCE CanadaBis Capital Inc.