Sugarbud Craft Growers Corp (SUGR)

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Sugarbud Announces Supply Agreement with British Columbia Liquor Distribution Branch


October 26, 2020 07:00 ET | Source: Sugarbud Craft Growers Corp.
CALGARY, Alberta, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.WS, SUGR.DB) ("Sugarbud" or the "Company") is pleased to announce that it has signed a definitive supply agreement with British Columbia Liquor Distribution Branch ("BCLDB") for the sale and distribution of Sugarbud’s Craft Cannabis Collection to private and public cannabis retailers in British Columbia. Sugarbud is now authorized to sell its products directly throughout Western Canada in British Columbia, Alberta and Saskatchewan.

BCLDB is responsible for the wholesale distribution of non-medical cannabis to private retailers and is the public retailer of non-medical cannabis throughout the province, under the brand BC Cannabis Stores.

“We are delighted that Sugarbud's Craft Cannabis Collection will now be available in British Columbia and across Western Canada,” stated Sugarbud's CEO, John Kondrosky. “With well over 800 private and public retail locations now operating across BC, Alberta and Saskatchewan, we now have access to Canada’s largest retail cannabis network and consumer access to legal cannabis,” concluded Mr. Kondrosky.

Initial purchase orders and shipments of Sugarbud's Craft Cannabis Collection to the BCLDB are expected to occur in November 2020.

About Sugarbud

Sugarbud is an Alberta-based, consumer-driven craft cannabis company focused on the cultivation and production of superior, select-batch, craft cannabis products. Our vision and mission are to become a trusted and well-respected consumer brand renowned for providing exceptional high-quality craft cannabis products to legal markets by delighting the most discerning of cannabis consumers. http://www.sugarbud.ca/

John Kondrosky
Chief Executive Officer
Sugarbud Craft Growers Corp.
Phone: [phone]