Calgary, Alberta, March 7, 2022 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDD) (“Sugarbud” Or “Company”) is pleased to announce the launch of the company’s first cannabis 2.0 product, Cryptochronic # 2 1.0g Flower Rosin, and the company’s first 10 x 0.35g multipack preroll format in Ontario. increase.
Sugar Bad Cryptochronic # 2 Flower Rosin Sugar Bad’s first flower rosin is an exceptional concentrate made by solvent-free extraction of Cryptochronic # 2, Sugar Bad’s exclusive indica-dominated hybrid genetics.
The solvent-free extraction method focuses on preserving naturally occurring terpenes, flavors, aromas and cannabinoids throughout the process and fully preserves the essence of the original dried flower. Sugar Bad Cryptochronic # 2 Flower Rosin is another exceptional example of Sugar Bad’s “house style”, with the same quality, consistency and flavor profile consumers expect from the Sugar Bad Craft Cannabis Collection. , Embodies the aroma. The total THC ranges from 60 to 70% and the total terpene profile is 5 to 8%.
Sugar Bad “Buddy” 10×0.35g Preroll Compassion is responsibly shared with our new and convenient 10 x 0.35g “Buddy” pre-roll format. “Skillfully crafted using only 100% dried flowers and no trim, the Sugarbud“ Buddies ”Pre-Rolls are the same consumers expect from the very popular 3.5g dried flower products. We promise a high quality experience. It’s easy to carry and share the packaging format, “commented John Kondrosky, President and CEO of Sugarbud. The first products to be launched in the new “Buddy” format include Sugar Bad’s unique Bahamas Blizzard # 11 dried flowers, which consumers can see in the hugely successful 3.5 sweets, pine and lemon citrus, You can expect the same clear scent of floral and fuel. g Dried flower format. The total THC ranges from 21 to 26% and the terpene profile is 1 to 3%.
The company received its first purchase order from the Ontario Cannabis Store (“OCS”) and said that Cryptochronic # 2 Flower Rosin and Bahamas Blizzard # 11 10 x 0.35g Buddy Preroll will be available for purchase from private cannabis retailers throughout Ontario. I’m expecting it. And online in the spring of 2022 at OCS.ca.
“As we diversify and expand our product offerings within the Craft Cannabis collection, our partnership with OCS continues to grow and we are pleased to bring these new and exciting formats to Ontario consumers,” Kondrosky said. I finished it.
OCS is Ontario’s only legal online retailer responsible for the wholesale sale of recreational cannabis products to private retailers in the state.
About Sugar Bad
“Handmade cannabis for a new era”
Sugar Bad is a consumer-led craft cannabis company focused on growing and producing excellent select batches of craft cannabis products. Our vision and mission is to delight the most discerning cannabis consumers, and to provide outstanding quality crafted cannabis products to the statutory market, a trusted and respected consumer brand. Is to become.
The Sugar Bad Craft Cannabis Collection provides consumers with “a new era of handmade cannabis.” The company is proud of Alberta and is proud to share the long tradition of outstanding craft cannabis in western Canada with the most discerning enthusiasts. Sugar Bad strives to define the crossroads of product craftsmanship, quality and consumer value in Canada’s craft cannabis space.
Sugar Bad Craft cannabis products are currently available to adult recreational consumers in Yukon Territory, British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and registered medical patients nationwide through MendoCannabis.ca. Sugar Bad products are also available in Quebec at ROSE LifeScience Inc. (“”Rose“) Comply with previously announced sales, marketing, supply and distribution agreements between ROSE and us.
We are proud.
We take time.
Experience the difference.
Chief executive officer
Sugar Bad Craft Growers Corporation
Phone: (604) 499-7847
Sugar Bad Craft Growers Corporation
Tel: (778) 388-8700
Future outlook and precautions
This news release contains forward-looking statements. More specifically, this news release contains statements about: Evaluation of future planning, operation, cannabis cultivation and processing by Sugarbud, including sales, marketing and distribution opportunities. Product quality; Development, manufacture, sale and distribution of Sugar Bad Cannabis 2.0 and Preroll products. This includes the new product line and its characteristics, characteristics and launch dates. Expected timing of retail potential for new products. Future growth; Customer satisfaction; and the status of our partnership with OCS. When used in this document, “do”, “expect”, “believe”, “estimate”, “expect”, “intention”, “may”, “plan”, “should” Expressions such as “is” are found in statements that identify forward-looking statements. Forward-looking statements are based on Sugarbud’s expectations and assumptions. Forward-looking statements are subject to various risks and uncertainties. Sugarbud believes that the expectations expressed by these forward-looking statements are reasonable, but there is no guarantee that such expectations will be fulfilled. Due to a number of important factors, actual results can differ materially from those described in the future outlook. This includes, but is not limited to: Cannabis production may be lower than expected. The ability to ship cannabis products may be lower than expected. Demand for Sugar Bad products may be lower than expected. Results of production and sales activities. Results of scientific research; Changes in input prices and costs. Labor demand; Product demand; The other party’s inability to meet contractual obligations. Unable to maintain consumer brand awareness and customer loyalty. Relying on relationships with wholesalers and retailers for failure to distribute products and maintain strategic business relationships. Fierce competition, including those from illegal sources. Uncertainty and continuous evolution of the market. Product Liability Litigation; Reliance on Information Technology; Intellectual Property Infringement; Not Benefiting Partnerships; End Customer Sensitivity to Sales Taxes and Increased Economic Conditions. Not compliant with specific regulations. Resignation of key managers or inability to attract and retain talent. Federal and state government actions and initiatives, as well as government actions, initiatives and policy changes, and their implementation and impact. Ability to execute corporate strategy. The state of the domestic capital market. Ability to raise funds; general market changes; industry conditions and events. The size of the medical marijuana market and the recreational marijuana market. Government regulations, including future legislative and regulatory developments, including medical and recreational marijuana. Delayed construction; risks inherent in the agricultural business, such as insects, plant diseases, and similar agricultural risks that can have a significant impact on the size and quality of cannabis crop harvests. Competition with other industry participants. And other factors are more fully explained from time to time in reports and filings filed by Sugarbud with securities regulators. In addition, we may continue to have a significant negative impact on our company due to the spread of the COVID-19 virus, the current global uncertainties about mutant strains of the virus, and its impact on the broader global economy. Warn that there is. The exact impact of the COVID-19 virus on us is unknown, but the rapid spread of the COVID-19 virus will continue to have a significant negative impact on global economic activity, disrupting and disrupting global supply chains and businesses. There is a possibility. , Interest rates, credit ratings, credit risk, inflation, business, financial position, results of operations and other factors related to us and the liquidity of people and financial markets. See Sugarbud’s latest annual information form and management discussions and analysis for additional Sugarbud-related risk factors accessible from Sugarbud’s profile at www.sedar.com. Unless required by applicable law, Sugarbud undertakes no obligation to publicly update or revise any forward-looking statement.
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