VANCOUVER, Dec. 4, 2019 /CNW/ - Harvest One Cannabis Inc.
("Harvest One" or the "Company") (TSX-V: HVT;
OTCQX: HRVOF) is pleased to announce its wholly-owned
subsidiary and Licensed Producer United Greeneries Ltd. ("United
Greeneries"), has entered into an agreement with Alberta
Gaming, Liquor & Cannabis Commission ("AGLC") to supply
Captain's ChoiceTM and Royal
HighTM branded cannabis throughout the
province.
"This agreement with Alberta
represents our fifth provincial supply agreement providing another
distribution channel for our premium cannabis products," said
Grant Froese, Chief Executive
Officer of Harvest One. "This is an important partnership for
Harvest One, as Alberta has the
most robust provincial retail network with over 330 store fronts
and one of the largest adult-use cannabis sales to date."
Under the terms of the agreement, United Greeneries will
initially launch five varieties of Royal
HighTM branded cannabis in whole-flower format as
well as two varieties of Captain's ChoiceTM branded
pre-rolled product for sale across Alberta in licensed cannabis stores. The
Company is also working towards listing new product categories such
as oils, vapes and topicals, to be made available for sale across
the province.
United Greeneries produces curated strains of cannabis at its
facility located in Duncan, British
Columbia and through its cultivation agreement with Stevens
Green in Ontario. United
Greeneries' cannabis is consistently regarded as a high quality and
sought-after product and is now available in five provinces;
Ontario, British Columbia, Alberta, Manitoba and Saskatchewan.
Alberta is home to over 330
licensed cannabis stores fronts which represents the largest number
of retail outlets in any province in the country. Harvest One will
continue to seek new markets for both existing cannabis flower
products as well as new cannabis infused products where regulations
allow.
About Harvest One
Harvest One is a global cannabis company that develops and
provides innovative lifestyle and wellness products to consumers
and patients in regulated markets around the world. The Company's
range of lifestyle solutions is designed
to enhance quality of life. Shareholders have significant
exposure to the entire cannabis value chain through its
wholly-owned subsidiaries: United Greeneries, a Licensed
Producer; Satipharm (medical and nutraceutical); Dream
Water Global, and Delivra (consumer); as well as a controlling
interest in Greenbelt Greenhouse (greenhouse cultivation and
extraction), and a minority interest in Burb Cannabis (retail
operations). For more information, please visit
www.harvestone.com.
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 Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
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SOURCE Harvest One Cannabis Inc.
