In a market saturated with unattractive
pre-rolls made with mid-potency and blended shake — high-potency,
bud-run pre-rolls have a very bright future.
RED DEER, AB, May 26 , 2020
/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 that its subsidiary
Stigma Grow, has recently received multiple POs across Canada for their Craft Cannon and Craft Cannon
Plus; potent cannabis pre-rolls boasting first-run percentages of
24.3 and 28.2% THC respectively.
Stigma Grow, whose mission and mandate revolve around crushing
the negative stigmas that surround both cannabis as a beneficial
plant and the legal cannabis market as an effective provider,
recognizes an unmet need for craft-cultivated, high-potency
pre-rolls, and is perfectly positioned as a cultivator and
third-party processor to fulfill it.
On May 15th, the
Company oversaw the shipment of Stigma Grow's first 35K pre-rolled joints. Currently, Stigma Grow has
Purchase Orders (POs) in place that respond to a specific need for
Alberta-grown, high-potency
products, and is in the midst of securing POs across Canada to satisfy similar requests for
craft-quality, potent pre-rolls.
Our approach to securing and maintaining high-quality is
simple.", says Travis McIntyre,
President and CEO of Stigma Grow. "We hand-pick only the best buds
for our pre-rolled joints; either from our facility in Red Deer Alberta, or from one of the many
local quality LPs throughout our province and across the country.
Leveraging this approach, we're able to meet the growing demand for
the convenience and consistency of high-potency, bud-run pre-rolls,
right across Canada. We already
know that the future of cannabis is strong – and obviously, we aim
to please."
Over the past few months, after years of strategic growth,
responsible investing and due diligence in market research, Stigma
Grow has emerged as an LP with their finger on the pulse of a
cannabis market itching for the next best thing in cannabis.
As first-to-market in Canada
for BHO Live Resin and Cured concentrates, and a current in-demand
processer of brand name and third-party processed products, their
unique skillset is on display early for a customer base whose
appetite for attractive and available legal cannabis products
remains unsatisfied.
Travis explains, "Our vision as a company has always been to
provide our community with what is in-demand, and all signs point
to the need for consistent, high-potency, bud-run products. Thanks
to our top-quality flower, state-of-the-art technology and unique
expertise, we've experienced an increase in momentum over the past
few months that has positioned our company for the type of growth
and influence we've always envisioned."
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.
For more information on CanadaBis Capital, Stigma Grow, or
INDICAtive Collection please visit www.canadabis.com,
www.stigmagrow.ca, www.indicativecollection.ca or contact:
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
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general business, economic, competitive, political and social
uncertainties; successful negotiation of necessary agreements to
get our product to market; requirement for further capital, delay
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actual results and future events could differ materially from those
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Should one or more of these risks or uncertainties
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CanadaBis Capital does not intend, and does not assume any
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SOURCE CanadaBis Capital Inc.