Delta 9 Receives Conditional Approval for Cannabis Store in Brandon, Manitoba
WINNIPEG, Dec. 7, 2018
WINNIPEG, Dec. 7, 2018 /PRNewswire/ - DELTA 9 CANNABIS INC. (TSXV: NINE) (OTC: VRNDF) ("Delta 9" or the "Company") is pleased to announce it has received conditional approval from the Manitoba Government to open a new cannabis 'SuperStore' in Brandon, Manitoba. The store opening is subject to execution of a Retail Store Agreement with the province, as well as final licenses and inspections from the Liquor Gaming and Cannabis Authority.
At 4,800 square feet in size, the cannabis outlet will be the largest in Manitoba and will include an onsite Cannabis Education Centre offering courses on cannabis use and safety for the general public.
"There are many people who may be completely new to cannabis or may not have tried it for years or even decades," explained Delta 9 CEO John Arbuthnot. "Part of our mission as a Company is to make sure that our customers have the best information possible for an enjoyable experience."
The Education Centre will be offering courses including the basics of using cannabis safely, called 'Cannabis 101', a course on the use of cannabis oils, a course on the use of various cannabis accessories, and how to use ancillary items to produce cannabis butter for edible products.
The Delta 9 outlet in Brandon is located in a former liquor store in Shoppers Mall, the busiest retail area in the city. Shoppers Mall is a 367,000-square-foot enclosed regional shopping centre located in the heart of Brandon's shopping district. The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants, and includes major anchor tenants such as Sobeys extra, Shoppers Drug Mart, Sport Chek and Landmark Cinemas.
"Our retail strategy has been to build in the best available properties we can find, with the highest amount of foot and vehicular traffic," explained VP of Retail Operations Al Roney. "This strategy has worked very well at our St. Vital outlet in Winnipeg and where we have completed over 36,000 transactions to date.
"We fully expect to see the same kind of success in Brandon, and we're very excited to start working on renovating the property over the next few weeks."
Brandon residents will start to see Delta 9 Cannabis signs going up over the coming week, as contractors move in to begin construction. Roney says the store will be very similar to the sleek, elegant design of the Winnipeg outlet, which some media outlets described as "like an Apple Store, but with cannabis."
The Company is awaiting final approval from the provincial government on two more stores, with one located in Winnipeg and the other in Thompson.
About Delta 9 Cannabis Inc.
Delta 9 Cannabis was the fourth producer in Canada licensed to produce legal cannabis. Delta 9 now operates its wholly-owned subsidiary, Delta 9 Bio-Tech Inc., as a licensed producer of medical marijuana pursuant to the ACMPR and operates an 80,000 square foot production facility in Winnipeg, Manitoba, Canada. Delta 9 also owns 50 per cent of the 70,000 square foot Delta West facility in Alberta, and co-owns the Delta Nine Cannabis Store retail network. Delta 9's shares trade on the TSX Venture Exchange under the symbol "NINE" and on the OTC under the symbol VRNDF.
Neither the 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.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future business plans and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. In the case of this press release, Delta 9 has received Conditional Approval for its retail outlet in Brandon. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. These forward-looking statements are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
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SOURCE Delta 9 Cannabis Inc.