/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.
WIRE SERVICES/
WINNIPEG, June 12, 2018 /CNW/ - DELTA 9 CANNABIS INC.
(TSXV: NINE) ("Delta 9" or the "Company") and the Fort Garry
Brewing Company celebrated the Monday night launch of their first
jointly developed beer.
Delta 9 Legal Lager is now on sale at MLLC liquor outlets across
the province, and is the first beer produced as a collaboration
between a brewery and a legal cannabis company. Delta 9 provided
the raw hemp material for the beer while Fort Garry Brewing is
responsible for production and marketing. Both companies shared the
cost of research and development.
Legal Lager is an alcoholized beer infused with material from
hemp seeds, and therefore contains no cannabis or any other
psychoactive agent produced from the cannabis plant. However, the
hemp beer released this week is a first step in an ongoing research
and development project to jointly produce a cannabis beer that
contains THC.
The two companies are currently developing a co-branded,
cannabinoid-infused beer that contains no alcohol. Release of that
Phase 2 product would be developed internally as a concept
beverage, and would not be sold or made available to the public
until it is approved by Health Canada and relevant provincial
regulatory bodies.
Under the agreement, Delta 9 will incur the costs and
responsibility for marketing and distribution of the Phase 2
cannabis beer, which could not legally be sold in liquor
stores.
"Since Delta 9 is one of the companies awarded a retail license
from the Province of Manitoba, we
are ideally placed for distribution and sale of this type of
product," explained Delta 9 CEO John
Arbuthnot.
"Legal lager is a hemp based beer, so it's something new we've
created," said Fort Garry's head
brewer Daniel Geddes. "It's quite
unique in the industry and there's not a lot of hemp beers
available. We wanted to add a little more complexity to this beer,
as well as showcase the hemp itself.
"Frankly as it competes with alcohol or soda pop or other
beverages, we've got something that's lighter on alcohol and
doesn't give you a hangover; that's a pretty competitive value
proposition," Arbuthnot said.
Coverage of the Legal Launch can be seen on CityTV News:
https://winnipeg.citynews.ca/video/2018/06/08/hemp-infused-beer-coming-to-canada/
"We see this as a great partnership between two of Manitoba's best-known brands," Arbuthnot
added. "Fort Garry Brewing is one of the best craft brewers in
Canada and they make my favourite
beer, while Delta 9 is truly Manitoba's Own Cannabis Producer.
"This is a Made-in-Manitoba
product that's ready for people in our province to enjoy this
summer."
About Delta 9 Cannabis Inc.
Delta 9's wholly-owned
subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of
medical marijuana pursuant to the ACMPR and operates an 80,000
square foot production facility in Winnipeg, Manitoba, Canada. Delta 9's shares
trade on the TSX Venture Exchange under the symbol "NINE".
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the Company's future business plans and other matters.
Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Forward
looking statements in this news release include statements relating
to: (i) Delta 9's expansion plans; (ii) Delta 9's production of
cannabis; (iii) approvals for Delta 9's production facilities by
Health Canada; (iv) demand for Delta 9's products; and (v) Delta
9's cost to produce its grow pods. Such statements are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
statements, including that Delta 9's currently contemplated
expansion and development plans may cease or otherwise change,
Delta 9's production of cannabis may be lower than expected, Delta
9 may not obtain the required approvals from Health Canada, demand
for Delta 9's products may be lower than anticipated, Delta 9's
cost to produce its grow pods may be higher than expected and all
other risk factors set forth in the filing statement of Delta 9
dated October 25, 2017 which has been
filed on SEDAR. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
Readers are urged to consider these factors carefully in evaluating
the forward-looking statements contained in this news release and
are cautioned not to place undue reliance on such forward-looking
statements, which are qualified in their entirety by these
cautionary statements. These forward-looking statements are made as
of the date hereof and the Company disclaims any intent or
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or results or
otherwise, except as required by applicable securities
laws.
SOURCE Delta 9 Cannabis Inc.