WeedMD Inc. (
TSX-V:WMD)
(OTCQX:WDDMF) (FSE:4WE) (“
WeedMD”
or the “
Company”), a federally-licensed producer
and distributor of medical-grade cannabis, is pleased
to announce its Color Cannabis cultivar, Pedro’s Sweet
Sativa, was awarded Top Sativa Flower in Canada. Chosen by over 150
retail budtenders from across the country, the awards were
organized by KIND Magazine, Canada’s pre-eminent premium cannabis
lifestyle magazine.
The list of winners is available in the
publication’s December 2020 issue with an estimated circulation of
1.2 million readers. Budtenders from licensed cannabis retail
stores throughout Canada were invited to nominate and vote for
their favorite cannabis products and brands across 22 separate
categories in the largest consumer-facing cannabis awards in
Canadian history.
“Today’s cannabis consumers are extremely
discerning and we are honoured that our terpene-rich Pedro’s Sweet
Sativa continues to impress as an award-winning
cultivar,” said Angelo Tsebelis,
Chief Executive Officer, WeedMD. “We are incredibly proud
of all of our teams who have worked diligently to develop
our Color Cannabis products and provide budtenders
with information about the value of our terpene-rich
profiles.”
“Quality cultivation, time-tested
genetics and post-harvest craftmanship are the
foundation for providing customers with the ultimate cannabis
experience,” said Curtis Wallace, Head of
Cultivation, WeedMD. “We applaud our nation’s expert
budtenders, and are honoured that they have chosen
Pedro’s Sweet Sativa, as Canada’s best sativa flower.”
“Our budtenders have built their
careers around their love for cannabis and mission to
educate consumers. We wanted to create ‘the people’s
awards’, and challenged our distribution partners to tell
us their personal opinions on Canadian cannabis in 2020,” said
Joshua Nagel, KIND Magazine publisher. “We are thrilled to
include Color Cannabis-branded Pedro’s Sweet Sativa in this prime
position as top sativa.”
The distinction validates the Company’s craft
approach to cultivation. Quality-driven practices include
cultivating in 10,000-square-foot grow rooms at its hybrid
greenhouse, hang-drying, curing, hand-trimming and packing in
nitrogen-infused packages. WeedMD’s Color Cannabis flower portfolio
is built around the Company’s premium cultivars,
including Ghost Train Haze, Mango Haze, Pedro’s Sweet
Sativa and its newest cultivar, Black Sugar Rose, now
available in Ontario retail markets. Read more about
WeedMD’s craft approach to cultivation here.
Information about upcoming corporate events can be found here.
Access WeedMD’s latest investor deck here.
About WeedMD Inc.
WeedMD Inc. is the publicly-traded parent
company of WeedMD RX Inc. and Starseed Medicinal Inc., licence
holders producing and distributing cannabis products for both the
medical and adult-use markets. The Company owns and operates a
158-acre state-of-the-art greenhouse, outdoor and processing
facility located in Strathroy, ON as well as a fully-licensed
26,000 sq. ft. Aylmer, ON processing facility, specializing in
cannabis extraction. With the addition of Starseed, a
medical-centric operator based in Bowmanville, ON, WeedMD has
expanded its multi-channeled distribution strategy. Starseed’s
industry-first, exclusive partnership with LiUNA, the largest
construction union in Canada, along with employers and union groups
complements WeedMD’s direct sales to medical patients. The Company
maintains strategic relationships in the seniors’ market and supply
agreements with Shoppers Drug Mart as well, as six provincial
distribution agencies where adult-use brands Color Cannabis and
Saturday are sold.
Follow WeedMD, Color Cannabis &
Starseed:
LinkedIn: https://ca.linkedin.com/company/weedmdTwitter: https://twitter.com/WeedMDInstagram: https://www.instagram.com/weedmd/Instagram: https://www.instagram.com/callitcolor/&Instagram: https://www.instagram.com/starseedca/
For further information, please
contact:
For Investor Enquiries:Valter
PintoManaging Director KCSA Strategic
Communications1-212-896-1254weedmd@kcsa.com
For Media Enquiries:Victoria
DekkerCommunications & Corporate
Affairs506-962-6565victoria.dekker@weedmd.com
Forward Looking Information
This press release contains “forward-looking information” within
the meaning of applicable Canadian securities legislation which are
based upon WeedMD’s current internal expectations, estimates,
projections, assumptions and beliefs and views of future events.
Forward-looking information can be identified by the use of
forward-looking terminology such as “expect”, “likely”, “may”,
“will”, “should”, “intend”, “anticipate”, “potential”, “proposed”,
“estimate” and other similar words, including negative and
grammatical variations thereof, or statements that certain events
or conditions “may”, “would” or “will” happen, or by discussions of
strategy.
The forward-looking information in this news
release is based upon the expectations, estimates, projections,
assumptions and views of future events which management believes to
be reasonable in the circumstances. Forward-looking information
includes estimates, plans, expectations, opinions, forecasts,
projections, targets, guidance or other statements that are not
statements of fact. Forward-looking information in this news
release include, but are not limited to, statements with respect to
internal expectations, expectations with respect to actual
production volumes, expectations for future growing capacity and
the completion of any capital project or expansions.
Forward-looking information necessarily involve known and unknown
risks, including, without limitation, risks associated with general
economic conditions; adverse industry events; loss of markets;
future legislative and regulatory developments; inability to access
sufficient capital from internal and external sources, and/or
inability to access sufficient capital on favourable terms; the
cannabis industry in Canada generally; the ability of WeedMD to
implement its business strategies; the COVID-19 pandemic;
competition; crop failure; and other risks.
Any forward-looking information speaks only as
of the date on which it is made, and, except as required by law,
WeedMD does not undertake any obligation to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise. New factors emerge from
time to time, and it is not possible for WeedMD to predict all such
factors. When considering this forward-looking information, readers
should keep in mind the risk factors and other cautionary
statements in WeedMD’s disclosure documents filed with the
applicable Canadian securities regulatory authorities on SEDAR at
www.sedar.com. The risk factors and other factors noted in the
disclosure documents could cause actual events or results to differ
materially from those described in any forward-looking
information.
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
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ae047792-4505-4f51-aa59-08c92b45a5a8
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