Emerald Health Therapeutics’ Verdélite Launches Souvenir™ Cannabis Brand in Québec
June 23 2020 - 6:02AM
Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX:
EMHTF) announces that its Verdélite Sciences subsidiary in St.
Eustache, Québec, has launched its new Souvenir cannabis brand in
the province. The Souvenir product line initially consists of
select dried flower products from two Emerald cultivars, Grapefruit
GG4 and Chemdog. The first shipments have been made to the SQDC,
Québec’s cannabis distribution board, and will be distributed
through SQDC retail and online stores.
Souvenir is focused on bringing unique offerings
to the Québec market at a competitive price point. Artisanal care
and freshness are implicit in Verdélite’s cultivation, harvesting,
and production philosophy. Every batch of dried flower product is
hand harvested, hang dried and dry trimmed, then carefully cured
and hand packaged. These craft products are delivered to the SQDC
within weeks of packaging to ensure the highest possible product
freshness to consumers.
“With over 80 years of cannabis growing
experience in Québec, our Souvenir™ branded high-quality
cannabis is grown with passion and pride that pays homage to its
Québec roots and customers,” said Riaz Bandali, President and Chief
Executive Officer of Emerald. “This highly-sophisticated operation
was fully commissioned and in full production just in the first
quarter of this year, and we look forward to the progress of this
operation as it continues to develop through multiple harvest
cycles.”
The initial Souvenir products are high-potency
THC strains with distinct aromas and flavours. Chemdog is a classic
sativa-dominant hybrid, bred in the 1970s. Grapefruit GG4 is a
combination of Grapefruit, a citrusy sativa, and GG4, a member of
the indica GG family. The initial products are available in 3.5g
packages. This will be expanded into new formats and categories,
including 15g and pre-rolls.
Verdélite Sciences’ sophisticated 88,000 square
foot indoor growing facility, which is located near Montreal,
employs 67 people and comprises 21 independent grow rooms to
produce small batches of craft cannabis. Verdélite has an extensive
library of cannabis genetics and ongoing R&D to develop new
strains, giving it the opportunity to offer unique Souvenir
products every quarter.About Emerald Health
Therapeutics
Emerald Health Therapeutics, Inc. is committed
to creating new consumer experiences with distinct recreational,
medical and wellness-oriented cannabis and non-cannabis products,
with an emphasis on life science-based innovation and production
excellence. Emerald’s three distinct operating assets are designed
to uniquely serve the Canadian marketplace and international
opportunities. These assets, all in full production, include: its
Metro Vancouver, BC-based greenhouse operation (78,000 square feet)
capable of producing organic-certified product; Verdélite, its
premium craft cannabis production indoor facility in St. Eustache,
Québec (88,000 square feet); and Pure Sunfarms, its 41.3%-owned
joint venture in Delta, BC, producing affordably priced quality
products (1.1 M square feet). Its Emerald Naturals subsidiary has
launched a new natural wellness product category with its
non-cannabis endocannabinoid-supporting product line and is
expanding distribution across Canada.
Please visit www.emeraldhealth.ca for more information
or contact: Jenn Hepburn, Chief Financial Officer (800) 757 3536
Ext. #5
Emerald Investor Relations (800) 757 3536 Ext. #5
invest@emeraldhealth.ca
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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.
Cautionary Note Regarding Forward-Looking
Statements: Certain statements made in this press release that are
not historical facts are forward-looking statements and are subject
to important risks, uncertainties and assumptions, both general and
specific, which give rise to the possibility that actual results or
events could differ materially from our expectations expressed in
or implied by such forward-looking statements.
We cannot guarantee that any forward-looking
statement will materialize, and readers are cautioned not to place
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forward-looking statements involve risks and uncertainties related
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forward-looking statements contained in this press release
represent our expectations as of the date hereof. Forward-looking
statements are presented for the purpose of providing information
about management's current expectations and plans and allowing
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