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Hiku's retail brand Tokyo Smoke looks forward to discussing the role the private sector can play in the safe, responsible retailing of cannabis when legal
TORONTO, June 8, 2018 /CNW/ - Hiku Brands Company Ltd. (CSE: HIKU) ("Hiku" or the "Company") congratulates the Ontario Progressive Conservative Party on their election victory on June 7th, 2018 in Ontario. Democracy is a central tenet of our country that by its very nature is considerably divisive. This election was no different. With the votes tallied, and winners decided, it is time to get to the pressing work of governing and opposing for each of the parties.
Hiku is a proudly Canadian cannabis company with its head office in Ontario. With its portfolio of iconic cannabis brands, including our private sector retail store front Tokyo Smoke, featuring locations across the country with the highest concentration in Ontario, Hiku is looking forward to the significant work ahead to educate and enlighten Ontario cannabis consumers and non-consumers alike as the federal government moves forward with legalization of adult use cannabis.
Our retail brand Tokyo Smoke, winner of Brand of the Year at the Canadian Cannabis Awards, is particularly encouraged by PC leader, and Premier Elect, Doug Ford's commentary discussing how the private sector could play a role in cannabis retail in Ontario.
"With half the provinces in Canada turning to the private sector to sell and responsibly educate their residents on the safe consumption of cannabis, we believe that Hiku Brands and Tokyo Smoke can play an important role in the retailing of cannabis and cannabis products here in Ontario as well" said Will Stewart, Vice-President of Corporate Communications and Public Affairs, Hiku Brands.
"With tight regulations, and federally licensed production and testing, we believe that a strictly controlled private sector storefront can play a pivotal role in the safe and secure education, distribution, and retailing of cannabis here in Ontario similar to the role played by the private sector in other provinces" he added. "Just like British Columbia, we believe that the LCBO run Ontario Cannabis Stores can co-exist with private sector retail like those operated under the Tokyo Smoke banner to provide Ontarians with safe, accessible, tested product. Together we can help achieve the federal government's objectives of eliminating the black market and reducing youth access to cannabis."
Hiku looks forward to working cooperatively with the new government, the Ontario Cannabis Store, and other regulatory bodies as we all work together to ensure the people of Ontario have a safe, responsible, and educated experience with cannabis.
Hiku is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA's ACMPR licensed grow, and Van der Pop's female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada.
Hiku's wholly-owned subsidiary, DOJA Cannabis Ltd., is federally licensed to cultivate and sell cannabis pursuant to the ACMPR, owning two production facilities in the heart of British Columbia's Okanagan Valley. Hiku's wholly-owned subsidiary, Tokyo Smoke, has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.
SOURCE Hiku Brands Company Ltd.
For further information: Will Stewart, Vice-President, Corporate Communications and Public Affairs, Hiku Brands, [email protected], 416-899-9422