VANCOUVER, Sept. 19, 2019 /CNW/ - Harvest One Cannabis
Inc. ("Harvest One" or the "Company") (TSX-V: HVT;
OTCQX: HRVOF) congratulates Burb for earning their first two
retail cannabis licences in Port
Coquitlam, British Columbia. Harvest One owns 19.9% of Burb
which is the maximum allowed under British Columbia's retail cannabis rules.
Burb's experiential retail environments have been open and
operating as premium apparel and cannabis culture stores since
April 20th (4/20) of this year to
drive brand awareness and a community of like-minded cannabis
enthusiasts. In addition to their future offering of premium
cannabis selections, they currently offer Canadian-made streetwear
and curated cannabis accessories.
Burb's unique approach to cannabis and community earned it a
spot in Forbes Magazine's feature on "8 Cannabis Brands to Watch"
and Style Democracy's "5 of the Coolest Cannabis Lifestyle Brands
in Canada" and just this month,
Burb was featured in LA Weekly and Surface Magazine.
"We could not be happier to congratulate Burb for their
significant achievement in earning their cannabis retail licences,"
said Grant Froese, Chief Executive
Officer of Harvest One. "For Harvest One these licences represent
an essential milestone in our initial investment into the retail
space and ensures our shareholders gain exposure across the entire
value chain of cannabis."
"We've built Burb with the cannabis enthusiast in mind," stated
John Kaye, Co-Founder and CEO of
Burb. "We look forward to servicing the Tri-Cities region as the
only licensed cannabis provider and continuing to build our brands
with a relentless pursuit for quality on behalf of our
customers."
Burb anticipates sales of cannabis products through their
flagship store at 1502 Broadway Street in Port Coquitlam as soon as September 21st. A final grand opening
date will be announced shortly by Burb through their channels as
they await final delivery of product, including premium
British Columbia indoor grown
flower from Harvest One under the Royal High brand. We expect these
two licences are the first of many, as Burb intends to expand
throughout British Columbia,
Canada, and into the United
States.
About Harvest One
Harvest One is a global cannabis company that develops and
provides innovative health, wellness, and selfcare products to
consumers and patients in regulated markets around the world. The
Company's range of solutions is designed to enhance quality of
life. Shareholders have significant exposure to the entire cannabis
value chain through four wholly-owned subsidiaries: United
Greeneries, a licensed producer; Satipharm (medical and
nutraceutical); and Dream Water Global and Delivra (CPG), and a
minority interest in Burb Cannabis (retail operations). For more
information, please visit www.harvestone.com.
About Burb
Cannabis culture is at the core of everything Burb does. It's
for this reason we strive to be creative and collaborative while
delivering contemporary products and retail experiences a cannabis
consumer can truly be proud of. We're designing comfortable and
aspirational experiences through cannabis retail stores and brand
immersions, bringing our customers and fans into the world of Burb
- refined, classic and 'of the times' cannabis culture.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking information. These statements relate to future
events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on the Company's current belief or
assumptions as to the outcome and timing of such future
events. Actual future results may differ
materially. The forward-looking information contained in this press
release is made as of the date hereof, and the Company is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in the policies of the TSX-V) accept responsibility
for the adequacy or accuracy of this release.
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SOURCE Harvest One Cannabis Inc.
