WINNIPEG, Dec. 7, 2018
/CNW/ - DELTA 9 CANNABIS INC. (TSXV: NINE)
(OTC: VRNDF) ("Delta 9" or the "Company") is pleased to announce it
has received conditional approval from the Manitoba Government to
open a new cannabis 'SuperStore' in Brandon, Manitoba. The store opening is
subject to execution of a Retail Store Agreement with the province,
as well as final licenses and inspections from the Liquor Gaming
and Cannabis Authority.
At 4,800 square feet in size, the cannabis outlet will be the
largest in Manitoba and will
include an onsite Cannabis Education Centre offering courses on
cannabis use and safety for the general public.
"There are many people who may be completely new to cannabis or
may not have tried it for years or even decades," explained Delta 9
CEO John Arbuthnot. "Part of our
mission as a Company is to make sure that our customers have the
best information possible for an enjoyable experience."
The Education Centre will be offering courses including the
basics of using cannabis safely, called 'Cannabis 101', a course on
the use of cannabis oils, a course on the use of various cannabis
accessories, and how to use ancillary items to produce cannabis
butter for edible products.
The Delta 9 outlet in Brandon
is located in a former liquor store in Shoppers Mall, the busiest
retail area in the city. Shoppers Mall is a 367,000-square-foot
enclosed regional shopping centre located in the heart of
Brandon's shopping district.
The Mall features more than 90 retailers offering a merchandise mix
of retail, services, entertainment and restaurants, and includes
major anchor tenants such as Sobeys extra, Shoppers Drug Mart,
Sport Chek and Landmark Cinemas.
"Our retail strategy has been to build in the best available
properties we can find, with the highest amount of foot and
vehicular traffic," explained VP of Retail Operations Al Roney. "This strategy has worked very well at
our St. Vital outlet in
Winnipeg and where we have
completed over 36,000 transactions to date.
"We fully expect to see the same kind of success in Brandon, and we're very excited to start
working on renovating the property over the next few weeks."
Brandon residents will start to
see Delta 9 Cannabis signs going up over the coming week, as
contractors move in to begin construction. Roney says the store
will be very similar to the sleek, elegant design of the
Winnipeg outlet, which some media
outlets described as "like an Apple Store, but with cannabis."
The Company is awaiting final approval from the provincial
government on two more stores, with one located in Winnipeg and the other in Thompson.
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 Nine Cannabis Store retail network. Delta 9's
shares trade on the TSX Venture Exchange under the symbol "NINE"
and on the OTC under the symbol VRNDF.
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. In the case of this press release, Delta 9 has received
Conditional Approval for its retail outlet in Brandon. 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.
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SOURCE Delta 9 Cannabis Inc.
