Business
Sugarbud Announces the Receipt of First Purchase Orders for Dried Flower and Pre-Roll Products in the Province of Saskatchewan
Sugarbud Announces the Receipt of First Purchase Orders for Dried Flower and Pre-Roll Prod...
About this update from Sucro Limited
[{"type":"text","content":"\n\n\n\nSugarbud Announces the Receipt of First Purchase Orders for Dried Flower and Pre-Roll Products in the Province of Saskatchewan\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\nCALGARY, May 27, 2020\n\n\n\nCALGARY, May 27, 2020 /CNW/ - Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) (\"Sugarbud\") is pleased to announce that, together with its partner Agro-Greens Natural Products Ltd. (\"Agro-Greens\") it has received the first purchase orders for the Company's Craft Cannabis Collection of products from National Cannabis Distribution (\"NCD\") for sale in the Province of Saskatchewan.\n\n \n \n \n \n \n \n\n \n\"The launch of our Craft Cannabis Collection in Saskatchewan marks a major commercial milestone for Sugarbud and a big first step on our path towards sustainable revenue and profit generation,\" stated John Kondrosky, CEO of Sugarbud. \"We believe that the market for superior higher potency, terpene-rich cannabis remains underserved and continues to grow as consumers become more informed about the choices they make. Comprised of some of the finest and most exclusive strains, the Sugarbud Craft Cannabis Collection promises to deliver an exceptional experience to even the most discerning of customers\", concluded Mr. Kondrosky.  \nThe first products to be launched in the Craft Cannabis Collection will be Sugarbud OG Kush 3.5g Dried Flower and Sugarbud Cheese 0.5g Pre-Rolls.  The Company expects to begin shipping these products to NCD on June 23rd, 2020 and they will be available for purchase from authorized Saskatchewan retailers by early July 2020. \nPostponement of Filing of Q1 2020 Financials and MD&A Due to COVID-19 Related Delays\nAs a result of logistical issues and delays caused by COVID-19, the Company will postpone the filing of its Q1 2020 financial statements (\"Financial Statements\") and accompanying management's discussion and analysis (\"MD&A\") for the quarter ended March 31, 2020, in reliance on the exemption provided in ASC Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Req...