VIVO Cannabis Announces Entry into Quebec and Provides Adult-Use Business Update
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PRN | 7 hours ago
TORONTO: VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) (VIVO or the Company), a leading provider of premium cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited (Canna Farms) and ABcann Medicinals Inc. (ABcann), announced its products have entered into the Quebec market with Canna Farms BC Kief as the province's first in the kief category. The Company also provided an update on its adult-use cannabis products across Canada.
We're excited to bring additional solventless concentrates to consumers across the country, said Carole Chan, Chief Commercial Officer of VIVO Cannabis Inc. As a leading licensed producer of craft premium cannabis products including concentrates, we look forward to diversifying our product offering in this growing niche category to better serve cannabis connoisseurs across the country.
Canna Farms Concentrates Available in Quebec
Quebec is the third largest market in Canada and the ninth province where VIVO products are available. Canna Farms BC Kief is the first in the kief category in Quebec, and through a partnership with provincial logistic partners, VIVO is expediting orders to meet demand both in-store and online.
VIVO Continues Concentrates Category Leadership Position
VIVO continues to maintain its solid market share in the cannabis concentrates space. The most recent publicly available information provided in the Ontario Cannabis Stores Quarterly Report for the period ending September 30, 2020 indicates Canna Farms and Fireside-X represent two of the top five leading concentrates brands, with a combined market-leading share of 38% in the category at Ontario retail stores.
Fireside Blaze Distillate Vape Launches in Alberta
VIVO launched its next generation Fireside Blaze, ultra-high THC distillate vape cartridge to consumers in Alberta last month. Extracted using state-of-the-art cryo-ethanol extraction and thin film distillation, there are no cutters, fillers, flavours, or additives in this pure, smooth and potent vape option.
Additional Canna Farms Cultivars Available in British Columbia
VIVO continued to expand its premium dry flower cultivar offering with the addition of three new Canna Farms listings in British Columbia CBD Critical Mass, CBD Cannabliss and Cold Creek Kush. VIVO is focused on developing new cultivars and continues to invest in pheno hunting to provide unique genetics to all cannabis markets across its entire portfolio of brands. As the first licensed producer in British Columbia, the Canna Farms brand was built on a small-batch artisan approach to cannabis cultivation and continues to employ that practice to this day.
VIVO Cannabis Announces Entry into Quebec and Provides Adult-Use Business Update