Launch of Satipharm branded cannabis in
Canada
VANCOUVER, March 18, 2019 /CNW/ - Harvest One Cannabis Inc.
("Harvest One" or the "Company") (TSXV: HVT; OTCQX: HRVOF), through
it's wholly-owned subsidiary United Greeneries Ltd. ("United
Greeneries") today announced that it has entered into an agreement
to become a medical cannabis supplier to Shoppers Drug
Mart.
Under the terms of the agreement, Harvest One will supply
Shoppers Drug Mart with Satipharm branded medical cannabis
products. The products will be sold online, as Canadian regulations
restrict the sale of medical cannabis in retail pharmacies.
This marks the first time that Satipharm branded cannabis will
be available for purchase. Working in conjunction with
Shoppers Drug Mart in an effort to help consumers make specific,
educated decisions about their purchases, Satipharm will be
available in a continuum of products, each colour coded to indicate
their place on the progression from the high THC of SatiWhite™ to
the high CBD of SatiPurple™. At launch, United Greeneries
will produce and ship an Indica variety of SatiSilver™ and a hybrid
variety of SatiGreen™.
![Harvest One Announces Supply Agreement with Shoppers Drug Mart (CNW Group/Harvest One Cannabis Inc.) Harvest One Announces Supply Agreement with Shoppers Drug Mart (CNW Group/Harvest One Cannabis Inc.)](https://mma.prnewswire.com/media/836821/Harvest_One_Cannabis_Inc__Harvest_One_Announces_Supply_Agreement.jpg)
"We are incredibly proud to be working with Shoppers Drug Mart
to supply them with our premium, indoor grown cannabis under the
Satipharm health and wellness brand" said Grant Froese, CEO of Harvest One. "We see this
supply agreement as a further step towards fulfilling our vision of
being a vertically integrated house of brands in the cannabis
health, wellness, and self-care sector. We continue to expand
our capacity to support our growing brand portfolio which includes
our recently announced transaction with Delivra as well as our
existing brands Dream Water, Satipharm, Royal High, and Captain's Choice" he
added.
ABOUT HARVEST ONE CANNABIS INC.
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 three wholly-owned subsidiaries: United
Greeneries, a Licensed Producer; Satipharm (medical and
nutraceutical); and Dream Water Global (consumer), 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-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.