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Viridium Pacific Completes 1st Shipment of Cannabis to Province of Saskatchewan

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Experion's retail brand Citizen Stash has now been shipped to its provincial wholesale partner Open Fields in Saskatchewan and will be available online and at selected retail locations throughout the province.

Additional Information:

Company: Viridium Pacific Group
Website: http://www.viridiumpacific.com
Stock Symbol: TSXV: VIR
Date Published: Apr 1, 2019
Transcript: Available

Video Transcript:

I’m Nadika Vizzy for InvestmentPitch Media

Viridium Pacific Group’s wholly owned subsidiary, Experion Biotechnologies, a licensed cultivation and processor, based in Mission, British Columbia, has completed its first shipment of Adult-Use cannabis to the Province of Saskatchewan.

Experion's retail brand Citizen Stash has now been shipped to its provincial wholesale partner Open Fields in Saskatchewan and will be available online and at selected retail locations throughout the province.

Over 8 kilograms was shipped consisting of approximately 3,500 units of 1 and 3.5 gram packages.

The shipment contained Citizen Stash's retail strain Lemon Zkittle which is a hybrid consisting of approximately 60% sativa with mid to high THC levels, a sour citrus aroma and a distinct lemon taste.

The strain will offer recreational adult users a product that is relaxing and consistent in its quality and effects.

Lemon Zkittle is already offered in the Province of British Columbia through the B. C. Liquor Control Branch with several re-orders already received since its original shipment in February 2019.

Although initially only available in dried flower, Experion is actively working on pre-rolls and oils to complement the offering.

Jay Garnett, President and CEO, stated: “The launch of our retail product in a second province signifies our continued commitment towards distribution across Canada and builds our brand recognition in the Adult-Use market. This, along with the quick sell out and re-orders in the BC market, validates that our first retail strain offering, Lemon Zkittle, as a positive experience in the Adult-Use market. We are looking forward to introducing further strains and products and will inform the market as they become available.”

In February, the company acquired Calgary-based EFX Laboratories, a biotech company focused on medical cannabis applications and treatments, which has developed several proprietary formulations for pain control, as well as a suite of value-added wellness products.

In March, the company appointment Ms. Kamini Hitkari to the position of Chief Financial Officer.

Ms. Hitkari joined Viridium from Aurora Cannabis where she was the Vice President of Strategic Finance.

Previously, Ms. Hitkari was with HSBC Bank Canada.

The shares are trading at $0.44.

For more information please visit the company’s website www.viridiumpacific.com, contact Jarrett Malnarich, COO, at 604-837-8688 or email info@viridiumpacific.com.


I’m Nadika Vizzy for InvestmentPitch Media