NAPANEE, ON, Might 21, 2019 /CNW/ – VIVO Cannabis Inc. (TSX-V: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”), via its wholly-owned subsidiary, Canna Farms Restricted (“Canna Farms”), these days announced the addition of GTEC Holdings Ltd. (TSX-V:GTEC) (OTC:GGTTF) (FRA:1BUP), sold below the brand GreenTec™, to the list of licensed producers promoting solution on its health-related cannabis platform.

This addition expands the assortment of top quality goods accessible to health-related sufferers on Canna Farms’ newly launched health-related cannabis web-site, which is now the biggest on-line platform for health-related cannabis customers across Canada. Combining the Company’s Beacon™, Lumina™ and Canna Farms™ brands, and goods from more third-celebration cultivators, which includes Pure Sun Farms™ and GreenTec™, into 1 retailer gives a distinct benefit for sufferers searching for a single place to access a broad choice of health-related cannabis goods. Primarily based on the most not too long ago accessible Wellness Canada statistics, sales on the internet site represent 9% of the health-related market’s dried cannabis sales, producing Canna Farms’ integrated health-related cannabis platform the sixth biggest health-related cannabis supplier in Canada.

“The good results of the integrated retailer has permitted VIVO to companion with top quality brands that cater to discerning health-related cannabis sufferers. Discussions continue with more craft cultivators and LPs wanting to position themselves alongside market place leaders but lacking a sales license and/or the essential experience to enter the health-related market place,” stated Vice President of Canna Farms, Brian McDonald. “We continue to streamline our processes to help our continual improvement and expense reduction tactics, which is important to making sure fresh solution at competitive costs. We also have the combined sources required to register sufferers searching for a broad choice of goods in 1 location very effectively, portion of our on-going commitment to the health-related cannabis market place.”

Supplying the health-related market place with higher top quality standardized cannabis has often been a main concentrate for VIVO. We are proud to say that we now provide the widest variety of health-related cannabis goods in Canada.

Barry Fishman, CEO of VIVO

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About VIVO Cannabis

VIVO, primarily based in Napanee, Ontario, is recognized for trusted, higher-top quality goods and solutions. It holds production and sales licences from Wellness Canada and operates planet-class indoor cultivation facilities with proprietary plant-developing technologies. VIVO has a collection of premium brands targeting distinctive consumer segments, which includes Beacon Health-related™, Fireside™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms, a premium cannabis enterprise primarily based in Hope, British Columbia. Canna Farms was B.C.’s initial Licensed Producer and has many years of craft cultivation practical experience, as effectively as a substantial consumer base and optimistic money flow. The Organization is considerably expanding its production capacity and pursuing partnership and solution improvement possibilities domestically, as effectively as in choose international markets, which includes Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and extremely scalable network of specialty health-related cannabis clinics as effectively as a cost-free telemedicine service. VIVO has a wholesome balance sheet and is effectively-positioned to accelerate its development in Canada and internationally. For a lot more info take a look at: www.vivocannabis.com

Original press release

Published by NCV Newswire

NCV Newswire
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