Vancouver, British Columbia–(Newsfile Corp. – July 20, 2021) – Harvest One Hashish Inc. (TSXV: HVT) (OTCQX: HRVOF) (“Harvest One” or the “Firm”) a uniquely positioned cannabis-infused client packaged items (“CPG”) chief, is happy to announce that on July 19, 2021, it signed a three-year renewable advertising and marketing and distribution settlement (the “Settlement”) for worldwide market enlargement with WB Canna Co. & Wellness (“WB Canna”), a number one cannabidiol (“CBD”) and wellness merchandise distributor within the Caribbean, Central America, and journey retail/cruise channel.
Partnering with WB Canna aligns with Harvest One’s progress methods for its core manufacturers, and additional contributes to the Firm’s progress and model enlargement initiatives for fiscal 2022. Based mostly on the phrases of the Settlement, the Firm granted WB Canna unique distribution and advertising and marketing rights throughout 33 nations all through the Caribbean and Central America inclusive of Mexico, Puerto Rico, and Colombia. Such distribution contains channels of responsibility free, cruise and journey retail. Merchandise will probably be priced at wholesale costs, topic to annual worth will increase. Canna will present professional steering and ahead considering, logistical and regional experience, in addition to native class coaching to help the CPG model methods of Harvest One throughout these areas.
Gord Davey, President and CEO of Harvest One mentioned, “Executing on our commitments for enlargement and channel improvement is essential to our long run targeted progress. As soon as once more, our crew has delivered and confirmed the relevance of our manufacturers in offering actual wellness options in new and rising markets. These relationships, complemented by our present companions and distribution community within the US market, will speed up model consciousness and product trial and show the energy of our product within the Well being and Wellness class. This expanded distribution is thrilling information as it should foster extra progress of the Firm’s present CPG manufacturers and place Harvest One for future success with our anticipated line extensions of each infused and non-infused merchandise.”
“WB Canna Co. & Wellness welcomes the Harvest One household of manufacturers, together with Dream Water, to our thrilling portfolio of wellness minded manufacturers,” Phillip Jarrell, COO of WB Canna Co. & Wellness mentioned. “Higher well being contains higher sleep patterns and habits. We’re excited to be Dream Water advocates, and to help in selling more healthy dwelling all through our Caribbean, Central America and journey retail/cruise networks.”
For a extra detailed description of every of our client manufacturers, we encourage you to go to the portfolio pages our web site; www.harvestone.com/portfolio/dream-water/.
About Harvest One
Harvest One is a worldwide hashish infused CPG chief that develops and distributes premium well being, wellness and selfcare merchandise with a market give attention to sleep and ache. Harvest One is a uniquely positioned firm within the hashish house with a give attention to hashish infused and non-infused client packaged items. Harvest One owns and operates two subsidiaries; Dream Water Global and LivRelief. For extra info, please go to www.harvestone.com.
About WB Canna Co. & Wellness
WB Canna Co. & Wellness, a wholly-owned subsidiary of Miami-based WEBB Banks, distributes top-quality CBD and wellness merchandise within the Caribbean, Central America, and journey retail/cruise channel. Its portfolio contains well-known manufacturers and class leaders together with cbdMD, Marley, and Secret Nature. Go to www.wbcannaco.com in addition to @wbcannaco on Instagram and @wbcannacoandwellness on Fb for the newest updates.
Cautionary Word Concerning Ahead-Trying Statements
This information launch incorporates “forward-looking info” and “forward-looking statements” (collectively, “forward-looking statements”) throughout the which means of the relevant Canadian securities laws. All statements, apart from statements of historic truth, are forward-looking statements and are based mostly on expectations, estimates, and projections as on the date of this information launch. Any assertion that entails discussions with respect to predictions, expectations, beliefs, plans, projections, goals, assumptions, future occasions or efficiency (typically however not at all times utilizing phrases similar to “expects”, or “doesn’t anticipate”, “is anticipated”, “anticipates” or “doesn’t anticipate”, “plans”, “price range”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “might” or “may”, “would”, “would possibly” or “will” be taken to happen or be achieved) will not be statements of historic truth and could also be forward-looking statements. On this information launch, forward-looking statements embrace, amongst different issues, statements with respect to the anticipated synergies with the partnership with WB Canna, the distribution of the Firm’s merchandise into completely different areas, future enlargement plans, initiatives and methods of the Firm, and the Firm’s efficiency, progress initiatives, profitability, manufacturing capability and acquire in market share.
These forward-looking statements are based mostly on affordable assumptions and estimates of administration of the Firm on the time such statements have been made. Precise future outcomes might differ materially as forward-looking statements contain recognized and unknown dangers, uncertainties, and different elements which can trigger the precise outcomes, efficiency, or achievements of the Firm to materially differ from any future outcomes, efficiency, or achievements expressed or implied by such forward-looking statements. Such elements, amongst different issues, embrace: implications of the COVID-19 pandemic on the Firm’s operations; fluctuations normally macroeconomic situations; fluctuations in securities markets; expectations relating to the dimensions of the hashish markets the place the Firm operates; altering client habits; the flexibility of the Firm to efficiently obtain its enterprise goals; plans for enlargement; political and social uncertainties; incapacity to acquire enough insurance coverage to cowl dangers and hazards; worker relations and the presence of legal guidelines and rules which will impose restrictions on cultivation, manufacturing, distribution, and sale of hashish and cannabis-related merchandise within the markets the place the Firm operates. Though the forward-looking statements contained on this information launch are based mostly upon what administration of the Firm believes, or believed on the time, to be affordable assumptions, the Firm can’t guarantee shareholders that precise outcomes will probably be according to such forward-looking statements, as there could also be different elements that trigger outcomes to not be as anticipated, estimated or supposed. Readers shouldn’t place undue reliance on the forward-looking statements and knowledge contained on this information launch. The Firm assumes no obligation to replace the forward-looking statements of beliefs, opinions, projections, or different elements, ought to they alter, besides as required by legislation.
Extra info relating to this and different dangers and uncertainties regarding the Firm’s enterprise are contained below the heading “Danger Components” within the Firm’s annual info type dated as of March 2, 2021, for the yr ended June 30, 2020, and below the heading “Dangers and Uncertainties” within the Firm’s Administration’s Dialogue and Evaluation dated October 28, 2020, for the yr ended June 30, 2020, filed below the Firm’s profile on SEDAR at www.sedar.com.
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