- One of the largest integrated online shopping platforms for medical cannabis consumers
- More than 40 cannabis strains and 100 SKUs available
- Offering VIVO's proprietary brands (Beacon Medical™ and Canna Farms™) alongside products from other licensed producers
NAPANEE, ON, March 5, 2019 /CNW/ - VIVO Cannabis Inc. (TSX-V: VIVO, OTCQX: VVCIF) ("VIVO" or the "Company"), through its wholly-owned subsidiary, Canna Farms Limited ("Canna Farms"), today announced the launch of Canna Farms' integrated online medical cannabis website.
This newly launched medical cannabis store creates one of the largest online platforms for medical cannabis users across Canada, with an industry-leading offering of brands and products. Combining the Beacon Medical™ and Canna Farms™ brands with those of other cultivators, the online store will provide patients across Canada with a single location to access a broad selection of medical cannabis.
"Canna Farms' integrated online store will cater to discerning medical cannabis consumers," said Daniel Laflamme, President of Canna Farms. "In addition to offering award-winning Canna Farms and Beacon Medical brands, the site will serve as a marketplace for products from other licensed producers who share VIVO's commitment to delivering premium products and services focused on health and wellness."
Available immediately to registered medical cannabis patients through the Canna Farms website, the store carries more than 40 different cannabis strains and 100 different SKUs, representing one of the largest selections of products offered by any online medical cannabis store in Canada. As part of the Company's ongoing commitment to the medical cannabis market, VIVO will leverage the combined platform of its wholly-owned subsidiaries and the Harvest Medicine clinics, to register patients looking for the convenience of an online store that provides access to a broad selection of products.
"Supplying the market with high-quality, standardized, medical-grade cannabis is a primary focus for VIVO," said Barry Fishman, VIVO's Chief Executive Officer. "We are proud to say that we now provide one of the broadest offerings of medical cannabis products in Canada."
The Company is also pleased to announce that Daniel Laflamme has been appointed as Chief Operations Officer of the Company. Mr. Laflamme will continue to serve as a director of the Company and as President of Canna Farms.
About VIVO Cannabis™
VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical™, FIRESIDE™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.'s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine app. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE VIVO Cannabis Inc.
For further information: VIVO Investor Relations, Heidi Christensen Brown, +1.416-848-1389, hch[email protected], NATIONAL Capital Markets; Michael Bumby, Chief Financial Officer, [email protected], VIVO Cannabis Inc.