The Corporation announces that it has granted a total of 500,000 share purchase options to its directors and officers, pursuant to the Corporation's 10% rolling stock option plan, each having an exercise price of
- In early
April 2023 the Company transitioned Sky Cuddler Kush Bio andCherry Blossom cannabis flowers from approximately 25% ofQuebec cannabis stores to all stores. - Also in
April 2023 the Company launchedHabibi Kush hash inQuebec . - OG Jerk, THC infused beef jerky, remains the #1 selling Cannabis edible in
Quebec in terms of weekly units sold and in total revenue (according to https://quebec.weedcrawler.ca/best_sellers). - The Company expects to launch a variety of its products in
Alberta sometime during the summer of 2023 including OG Jerk and a variety of infused joints. - Afghan Gold and "Joints Infusés d'Afghan Gold" maintain their top 10 selling positions in their respective categories (according to https://quebec.weedcrawler.ca/best_sellers).
The company's CEO Mr.
MUSH operates a portfolio of brands which include traditional cannabis and beverage products. It exists to promote the use of functional ingredients such as probiotics and functional mushrooms in consumer products.
Neither
This press release contains statements which constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and sales, including the anticipated orders to be placed by the SQDC. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect the Corporation'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 the Corporation believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected are the following: market acceptance of the Company's hash and other cannabis products, changes in the vendor's business or strategy, changes in our supplier's operations and pricing, expectations regarding competition and their pricing strategy; maintaining in good standing all necessary regulatory licenses and authorizations for its products; the benefits, safety, efficacy, dosing and social acceptance of cannabis related products and no material changes in the legal environment; changes in applicable laws and regulations compliance with extensive government regulation; operational risks related to and COVID-19 or other pandemic and supply chain disruptions and shortages. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements 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 and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law. Trading in the securities of the Company should be considered highly speculative.
SOURCE The
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