Lotions and balms are the first of many unique
Stigma Roots lifestyle products boasting a wide-range of health and
wellness benefits
RED DEER, AB, Nov. 20, 2019
/CNW/ - CanadaBis Capital Inc. ("CanadaBis" or "the Company"), a
vertically integrated Canadian cannabis company focused on finding
and capitalizing on growth and diversification
opportunities, is pleased to announce their latest
accomplishment: the launch of Stigma Roots; a lifestyle product
line featuring cannabis root-infused creams and balms.
Stigma Roots seeks to bring the healing power of cannabis roots
to those suffering from a wide range of ailments including: joint
pain, inflammation, skin burns, gastrointestinal activity, eczema
and more. Unlike the leaves and buds of the cannabis plant,
which also offer a wide-range of benefits, but are strictly
regulated, the roots of the cannabis plant contain only trace
amounts of cannabinoids, and do not fall under the same, strict
regulations.
"We are very excited to launch the first product under our
Lifestyle Business Pillar" says Travis
McIntyre, CEO of CanadaBis. "By using the roots of a
cannabis plant as the primary ingredient in our lotions and balms,
we offer three things: products capable of providing the relief and
benefits people seek; a profit stream generated from roots that
would typically be wasted; and, a way to reach an entirely new
audience with our message — one that may not typically engage with
a recreational cannabis brand."
Stigma Roots products are 'made by hand, with love' in
Red Deer Alberta, and as such, the
Company will be offering small batches of product across a select
group of retail outlets across Alberta, before launching their full line of
products via their online store, nationally, in early 2020.
As of the date of this release, Stigma Roots products can be
found exclusively at The Swag Shop a cannabis lifestyle and
accessories store conveniently, and strategically located next to
INDICAtive Collection in Red
Deer's Gasoline Alley. INDICAtive Collection, a cannabis
retail store offering unique and upscale products and service, is
also owned by CanadaBis. As new retailers are approved, their
information will be available via the Stigma Roots website:
www.StigmaRoots.ca.
For CanadaBis Capital Inc., the launch of their latest product
line is just one of several exciting things currently underway. In
addition to a major expansion to their cultivation facility
scheduled for completion in the spring of 2020, the Company is
actively considering several strategic partnerships as they
position themselves to support the highly anticipated extracts and
edibles phase of Canada's cannabis
legalization.
About CanadaBis Capital Inc.
CanadaBis Capital Inc. (TSXV:CANB) is a vertically integrated
Canadian cannabis company focused on achieving large-scale growth
in the fast-emerging global cannabis market. By targeting organic
growth opportunities alongside the right-fit partners, we remain
focused on finding and capitalizing on chances to grow, diversify
and continue to lead our industry.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION: This news release includes certain
"forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include, but are not
limited to, statements with respect to our business and operations
including development and expansion plans; intention to develop
property in British Columbia;
increasing our product lines to include CBD distillates; and our
general business plans. Forward-looking statements are necessarily
based upon a number of assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause actual results and future events
to differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to: compliance with extensive government regulation, the
general business, economic, competitive, political and social
uncertainties; successful negotiation of necessary agreements to
get our product to market; requirement for further capital, delay
or failure to receive board, shareholder or regulatory approvals;
the results of operations and such other matters as set out in the
Filing Statement available on SEDAR at www.sedar.com. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. Investors are cautioned that
forward-looking information is not based on historical facts but
instead reflects management's expectations, estimates or
projections concerning future results or events based on the
opinions, assumptions and estimates of management considered
reasonable at the date the statements are made. Although we believe
that the expectations reflected in such forward-looking information
are reasonable, such information involves risks and uncertainties,
and undue reliance should not be placed on such information, as
unknown or unpredictable factors could have a material adverse
effect on our future results, performance or achievements.
Should one or more of these risks or uncertainties
materialize, or should assumptions underlying the forward-looking
information prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated,
believed, estimated or expected. Although the Company has attempted
to identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended.
CanadaBis Capital does not intend, and does not assume any
obligation, to update this forward-looking information except as
otherwise required by applicable law.
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.
SOURCE CanadaBis Capital Inc.