Vibe Launches Delivery Service in Redding, California
April 09 2020 - 7:00AM
Vibe Bioscience Ltd. (CSE: VIBE)(OTC: VBSCF) (the
“
Company” or “
Vibe”), a
vertically integrated cannabis retailer and cultivator, proudly
announces it has obtained a delivery license from the City of
Redding allowing Vibe to deliver cannabis products from its
location at 3270 South Market Street in Redding to our adult
clientele throughout California’s largest city north of Sacramento.
Delivery service is available online at www.vibebycalifornia.com.
“At Vibe, we are on a mission to provide
convenient and easy distribution of legal cannabis to our adult
clientele to improve the Vibe by California™ customer experience. A
key step in creating convenience is offering same-day delivery and
online ordering,” said Mark Waldron, Chief Executive Officer of
Vibe. “We believe the launch of delivery will further enhance the
reach of our Vibe by California™ brand and vibebycalifornia.com
platform.”
About Vibe Bioscience Ltd.
Vibe is a vertically integrated cannabis company
delivering exceptional retail experiences with its Vibe by
California™ brand and ethos, premier cultivation product and
high-efficiency delivery and on-line sales. The Company’s
management team brings expertise in retail, cannabis cultivation
and mergers and acquisitions to support its U.S. expansion through
accretive acquisitions and organic growth.
For more information, please visit
www.vibebycalifornia.com.
Additional Information
Additional information regarding Vibe is
available under Vibe’s SEDAR profile at www.sedar.com, including in
Vibe’s Listing Statement dated March 29, 2019. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy securities.
Forward-Looking Information
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 “anticipate”, “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 parties’ current belief or assumptions as to the outcome and
timing of such future events. Actual future results may differ
materially.
Forward-looking information in this press
release include statements concerning Vibe’s expectations that the
Redding Delivery license will enhance the Company’s profitability,
grow market share, generate brand equity and drive shareholder
value, expectations concerning the closing date of the acquisition,
and all other statements that are not statements of historical
fact.
The forward-looking information contained in
this press release is made as of the date hereof and the Company
undertakes no obligation 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. Risk
factors related to the Company are described in the Company’s
Listing Statement dated March 25, 2019 and most recently filed
management’s discussion and analysis, copies of which are available
under the Company’s profile on the SEDAR website at
www.sedar.com.
This press release does not constitute an offer
to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any State securities laws
and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and
applicable State securities laws or an exemption from such
registration is available. Not for distribution to U.S. Newswire
Services or for dissemination in the United States. Any failure to
comply with this restriction may constitute a violation of U.S.
securities laws.
Unlike in Canada which has Federal legislation
uniformly governing the cultivation, distribution, sale and
possession of medical cannabis under the Cannabis Act (Federal),
readers are cautioned that in the U.S., cannabis is largely
regulated at the State level. To the knowledge of Vibe Bioscience
Ltd., there are to date a total of 33 states, plus the District of
Columbia, that have legalized cannabis in some form.
Notwithstanding the permissive regulatory environment of medical
cannabis at the State level, cannabis continues to be categorized
as a controlled substance under the Controlled Substances Act in
the U.S. and as such, cannabis-related practices or activities,
including without limitation, the manufacture, importation,
possession, use or distribution of cannabis are illegal under U.S.
Federal law. Strict compliance with State laws with respect to
cannabis will neither absolve Vibe Bioscience Ltd. of liability
under the U.S. Federal law, nor will it provide a defense to any
Federal proceeding, which may be brought against Vibe Bioscience
Ltd. Any such proceedings brought against Vibe Bioscience Ltd. may
adversely affect its operations and financial performance.
Contact Information
Company Contact:Mark Waldron,
CEOPhone: +1 833-420-VIBE Email: info@vibebycalifornia.com
Website: www.vibebycalifornia.com
Investor Relations Contact:Glen
NelsonPhone: +1 833-420-VIBE x 107Email:
ir@vibebycalifornia.com
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