WINNIPEG, Sept. 24, 2018 /CNW/ - DELTA 9 CANNABIS INC.
(TSXV: NINE) (OTCQX:VRNDF) ("Delta 9" or the "Company") is pleased
to announce the locations for two cannabis retail stores in the
Province of Manitoba.
One of the retail outlets is a cannabis 'superstore' located in
the busy St. Vital area in
southern Winnipeg. The second is
located in the downtown shopping area of Thompson, in northern Manitoba.
The Winnipeg location is a
3,200 square foot outlet located in St. Vital Square at 827 Dakota
Street, and is expected to open its doors to the public on
October 17, the first day of cannabis
legalization in Canada.
Vice-President of Marketing Marshall
Posner says the St. Vital
outlet is larger than most stores planned for the Delta 9 chain of
cannabis outlets, and will include a cannabis education centre on
the premises.
"This location in St. Vital is
a great site for a retail store like ours," said Posner. "It's a
location with a lot of vehicular and foot traffic, and being
located in the main shopping area for this neighbourhood it's
really a central destination for most of the people who live in
that area of town."
The second store in Thompson is
also centrally located at the City Centre Mall in the downtown
core, adjacent to anchor tenants such as Walmart and Safeway.
"I don't think you could find a better location in Thompson," said Posner. "This really is ground
zero for retail in the city." The two outlets will operate under
the Delta 9 Lifestyles brand.
Delta 9 Lifestyle stores will stock an industry-leading lineup
of products from Delta 9 as well as various partner brands
including products from Canopy Growth-owned brands such as Tweed.
Delta 9's products will also be available through Canopy Growth
locations in the province.
"As partners in this venture, Delta 9 and Canopy Growth are
working hard to ensure we have the widest variety and best products
available for our customers in Manitoba," said Delta 9 CEO John Arbuthnot.
The announcement of Delta 9's new retail locations follows the
signing of Cannabis Store Retailer Agreements with the Government
of Manitoba for both the
St. Vital and Thompson locations. Those agreements are
required by the provincial government before a cannabis retail
outlet can be approved.
Delta 9 is currently awaiting approval for two more outlets on
properties that have already been secured. One of those potential
outlets is located in the vibrant Osborne Village area of
Winnipeg, while the other is
located in downtown Brandon.
About Delta 9 Cannabis Inc.
Delta 9 Cannabis was the fourth producer in Canada licensed to produce legal cannabis.
Delta 9 now operates its wholly-owned subsidiary, Delta 9 Bio-Tech
Inc., as a licensed producer of medical marijuana pursuant to the
ACMPR and operates an 80,000 square foot production facility in
Winnipeg, Manitoba, Canada. Delta
9 also owns 50 per cent of the 70,000 square foot Delta West facility in Alberta, and co-owns the Delta West Lifestyles
cannabis retail operation. Delta 9's shares trade on the TSX
Venture Exchange under the symbol "NINE".
Neither the TSX Venture Exchange nor its 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.
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. Often, but
not always, forward-looking statements and information can be
identified by the use of words such as "plans", "expects" or "does
not expect", "is expected", "estimates", "intends", "anticipates"
or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved.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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/delta-9-announces-two-locations-for-cannabis-retail-stores-in-manitoba-300717119.html
SOURCE Delta 9 Cannabis Inc.
