VANCOUVER, Oct. 7, 2019 /CNW/ - Harvest One Cannabis
Inc. ("Harvest One" or the "Company") (TSX-V: HVT;
OTCQX: HRVOF), through its wholly-owned subsidiary and licensed
producer United Greeneries Ltd. ("United Greeneries"), has received
a cultivation licence from Health Canada for Phase I of its new
Mission Road facility.
The licence allows United Greeneries to immediately begin to
cultivate cannabis in the new Mission Road facility located
adjacent to the existing facility on Vancouver Island in the town
of Duncan, British Columbia. Once
fully completed, the Mission Road facility will triple the
production capacity in Duncan and
increase operational efficiency.
"The issuing of this new licence from Health Canada represents
another key accomplishment for Harvest One as we continue to
execute on our projects and plans to be a leading producer of
premium indoor-grown cannabis," said Grant
Froese, Chief Executive Officer of Harvest One. "With our
unique genetics and small batch production under the watchful eye
of our first in class cultivation team, we continue to produce top
tier cannabis for our discerning consumers."
Harvest One, through United Greeneries, currently offers its
premium cannabis products in four provinces for adult use
consumption under the Royal High and Captain's Choice brands. This
premium cannabis is also available to medical patients direct from
the United Greeneries site and through Shoppers Drug Mart under the
Satipharm brand. The increased supply can also facilitate entry
into additional markets for Harvest One's brands.
About Harvest One
Harvest One is a global cannabis company that develops and
provides innovative health, wellness, and selfcare products to
consumers and patients in regulated markets around the world. The
Company's range of solutions is designed to enhance quality of
life. Shareholders have significant exposure to the entire cannabis
value chain through four wholly-owned subsidiaries: United
Greeneries, a licensed producer; Satipharm (medical and
nutraceutical); and Dream Water Global and Delivra (CPG), and a
minority interest in Burb Cannabis (retail operations). For more
information, please visit www.harvestone.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking information. These statements relate to future
events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on the Company's current belief or
assumptions as to the outcome and timing of such future
events. Actual future results may differ
materially. The forward-looking information contained in this press
release is made as of the date hereof, and the Company is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in the policies of the TSX-V) accept responsibility
for the adequacy or accuracy of this release.
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SOURCE Harvest One Cannabis Inc.
