WINNIPEG, Sept. 16, 2019 /CNW/ - DELTA 9 CANNABIS INC.
(TSX: DN) (OTCQX: VRNDF) ("Delta 9" or the "Company"), is pleased
to announce that the grand opening of its Delta 9 Cannabis
Store in the City Center Mall in Thompson, Manitoba has been scheduled for
September 27, 2019.
"We continue to grow our retail footprint and have established
ourselves as a large volume cannabis retailer in the province of
Manitoba," said John Arbuthnot, founder and CEO of Delta 9.
"With our upcoming store opening in Thompson we will have four stores open and
servicing Manitobans. We are now looking at our long term expansion
plans for our retail unit. We continue to push forward with our
vision of a chain of dozens of Delta 9 branded retail stores across
Canada."
At approximately 2500 square feet, the newest Delta 9 Cannabis
Store is the largest cannabis retail store in the area, offering
customers an open and modern shopping décor, highly trained staff
and a wide range of products, including dried cannabis flower,
cannabis oil and a full assortment of cannabis accessories.
The store is conveniently located in the City Center Mall at 300
Mystery Lake Road in Thompson,
Manitoba. The mall features many local and national
retailers including Walmart Supercenter, Safeway, TD Bank, Liquor
Mart, and Great Canadian Dollar Store, offering a merchandise mix
of retail, services and restaurants. The store opening is
contingent on final inspections and licensing from the Liquor
Gaming and Cannabis Authority of Manitoba.
"With this newest store opening we're extremely excited to be
able to offer the citizens of Thompson and surrounding areas a comprehensive
retail cannabis shopping experience" said John Arbuthnot, CEO. "Delta 9's cannabis concept
combined with our focus on convenient and high traffic shopping
destinations have been very successful as a part of our company's
overall vertical integration strategy."
About Delta 9 Cannabis Inc.
Delta 9 Cannabis is a vertically integrated cannabis company
focused on bringing the highest quality cannabis products to
market. Delta 9's wholly-owned subsidiary, Delta 9 Bio-Tech Inc.,
is a licensed producer of medical marijuana pursuant to the
Cannabis Regulations (CR) and operates an 80,000 square foot
production facility in Winnipeg, Manitoba, Canada. Delta 9 owns and operates a
chain of retail stores under the Delta 9 Cannabis Store brand.
Delta 9's shares trade on the Toronto Stock Exchange under the
symbol DN and on the OTC under the symbol VRNDF. For more
information, please visit delta9.ca.
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) the opening of Delta 9's retail store in Thomson,
Manitoba; and (ii) Delta 9's other
retail expansion plans. 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 Delta 9 obtaining all necessary approvals for
its expansion plans as well as all risk factors set forth in the
annual information form of Delta 9 dated April 30,
2019 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.
