VANCOUVER, BC / ACCESSWIRE / November 20, 2019 / Experion Holdings Ltd. (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31), is pleased to announce that its wholly-owned subsidiary Experion Biotechnologies Inc. ("Experion or "the Company''), a Health Canada licensed cultivator and processor of Cannabis, has been accepted by the Manitoba Liquor and Lotteries Corporation ("MBLL"), Alberta Gaming, Liquor & Cannabis and the Yukon Liquor Corporation as an official supplier of Adult-Use cannabis products to the provinces' licensed private sector retailers, as well as Alberta's only online source for legal cannabis, AlbertaCannabis.org.
Mr. Jay Garnett, Experion's Chief Executive Officer, commented, "We are thrilled to announce these relationships with the Manitoba Liquor and Lotteries, Alberta Gaming, Liquor & Cannabis and the Yukon Liquor Corporation; and look forward to building long-term partnerships by providing high quality and reliable products to adult-use consumers within these new provinces and territories. These agreements further solidify Experion's brands, Citizen Stash and Kanabé Goods Co. ("Kanabé"), in Canada's legal adult-use cannabis marketplace as we continue to build a best-in-class distribution network for Experion's products from coast to coast."
Manitoba, Alberta and the Yukon are the fourth, fifth and sixth Canadian provinces respectively with which Experion has announced distribution. The Company recently announced a Letter of Intent with the Société Québécoise du Cannabis (SQDC) and has also formalized supply agreements with an authorized Saskatchewan Liquor and Gaming Authority (SLGA) distributor and the British Columbia Liquor Distribution Branch (BCLDB).
About Experion Holdings Ltd.
Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC.
Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including Medical, Adult-use, and Wellness and Therapeutic products.
Experion trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol "EXP" on the OTCQB Venture under the symbol "EXPFF" and on the Frankfurt Stock Exchange under the symbol "MB31"
For further information, please visit the Company's website www.experionwellness.com or join our Global Investor Forum on 8020 http://connects.company/ExperionEXP where you can read all press releases or contact Investor Relations, Email: [email protected]
This press release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.
Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, forecast, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company's equity securities; recent market volatility; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; the risks identified in the Filing Statement, and other risks and factors that the Company is unaware of at this time. The reader is referred to the Filing Statement dated September 25, 2017 and/or the most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company page on SEDAR at www.sedar.com.
SOURCE: Experion Holdings Ltd.