OTTAWA, July 31, 2014 /CNW/ - Tweed Marijuana Inc.
(TSXV: TWD) ("Tweed" or the "Company"), is pleased to provide an
update on its strain availability.
On July 30, Norfolk (Bubba Kush) and Buddy (LA Confidential)
inventory was added to the online shop. Starting next week, Tweed
will be releasing up to eighteen additional varieties for sale in
August and September as our second and third flowering room
harvests complete their growing cycle. Ten new CBD strains are
currently in production, including a much sought after high CBD /
low THC variety.
With these product releases to our shop, it is expected that
supply will enable Tweed to begin registering new customers from
its waiting list shortly.
About Tweed Marijuana Inc.
Tweed Marijuana Inc. is a TSX Venture Exchange listed
company. Its wholly owned subsidiary, Tweed Inc., is a
licensed producer of medical marijuana in Canada. The
principal activities of Tweed are the production and sale of
marijuana out of its facility in Smiths
Falls, Ontario as regulated by the Marihuana
for Medical Purposes Regulations.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Notice regarding Forward Looking Statements
This news release contains forward-looking
statements. Often, but not always, forward-looking statements
can be identified by the use of words such as "plans", "expects" or
"does not expect", "is expected", "estimates", "intends",
"anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved. Forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Tweed Marijuana Inc. or Tweed Inc. to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Examples of
such statements include: (A) predictions of future demand; (B)
plans to increase capital expenditure and construction related
expenses; (C) anticipated production yields; (D) completion of
construction and availability of new production rooms; and (E)
forecasted available product selection. Actual results and
developments are likely to differ, and may differ materially, from
those expressed or implied by the forward-looking statements
contained in this news release. Such forward-looking statements are
based on a number of assumptions which may prove to be incorrect,
including, but not limited to: the ability to obtain any necessary
financing; the economy generally; the yield from Tweed's marijuana
growing operations; consumer interest in products; competition;
regulation and anticipated and unanticipated costs and delays.
Although Tweed Marijuana Inc. has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. Readers
should not place undue reliance on forward-looking statements. The
factors identified above are not intended to represent a complete
list of the factors that could affect Tweed Marijuana Inc. or Tweed
Inc. Additional factors are noted under "Part IV - Description of
Risk Factors Associated with the Acquisition" in the Filing
Statement of Tweed Marijuana Inc. dated as of March 25,
2014 and available at www.SEDAR.com. The
forward-looking statements included in this news release are made
as of the date of this news release and Tweed Marijuana Inc. does
not undertake an obligation to publicly update such forward-looking
statements to reflect new information, subsequent events or
otherwise unless required by applicable securities legislation.
SOURCE Tweed Marijuana Inc.