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LGC to Launch Global Beer and Tonic Products with CLV Frontier Brands Joint Venture
LGC to Launch Global Beer and Tonic Products with CLV Frontier Brands Joint Venture ...
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[{"type":"text","content":"\n\n\n\nLGC to Launch Global Beer and Tonic Products with CLV Frontier Brands Joint Venture\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, April 18, 2018\n\n\n\nSymbol: TSX-V: LG\n\n\n\nMONTREAL, April 18, 2018 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) (\"LGC\") is pleased to announce that CLV Frontier Brands Pty Ltd (\"CLV\"), its equal one-third joint venture with UK-based Baltic Beer Company Ltd and ASX-listed Creso Pharma Limited, is planning to have its first beers and tonics on sale in Europe and Canada during the summer, with global sales to follow shortly thereafter.  CLV is developing a bespoke and unique range of beers and tonics at its newly-built facilities in Europe, with test brewing well advanced.  LGC is also pleased to announce that the TSX Venture Exchange has conditionally accepted LGC's joint venture investment in CLV, subject to LGC filing standard documentation with the Exchange.\n\n\n \n \n\n \nJohn McMullen, CEO of LGC stated, \"We view CLV partnership as an exciting business opportunity and as our commitment to providing high quality medical cannabis products globally over the coming years.  Full details of the beer and tonic ranges will be released when CLV debuts its products and branding at a world-wide product launch.  Europe will be the initial focus for sales, due to Europe being the home market for the Baltic Beer Company's multi award winning Viru beer, but we are pushing to also launch in Canada this summer.\"\n\nCLV's beer contains terpenes, which carry the flavour and aroma of cannabis and do not contain THC or CBD or any other cannabinoids.  The terpenes used in CLV's beer will not contain cannabis or hemp ingredients, as may have been referred to in previous LGC press releases.  The terpenes are extracted from various plant sources, all of which are food-grade, 100% natural and non-genetically modified (GMO) ingredients.  The terpenes are pure, not contaminated with any other ingredient, and safe for human consumption as flavouring ingredients, meeting the criteri...