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Sugarbud Finalizes Development of Additive-Free, Full-Spectrum Vape Cartridges with Heritage Cannabis and Announces Filing of Q2 2020 Financials
Sugarbud Finalizes Development of Additive-Free, Full-Spectrum Vape Cartridges with Herita...
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[{"type":"text","content":"\n\n\n\nSugarbud Finalizes Development of Additive-Free, Full-Spectrum Vape Cartridges with Heritage Cannabis and Announces Filing of Q2 2020 Financials\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, AB, Aug. 27, 2020\n\n\n\nCALGARY, AB, Aug. 27, 2020 /CNW/ - Sugarbud Craft Growers Corp. (TSXV: SUGR) (TSXV: SUGR.WT) (TSXV: SUGR.WS) (TSXV: SUGR.DB) (\"Sugarbud\" or the \"Company\") is pleased to announce that, as part of the previously announced contract manufacturing agreement (the \"Agreement\"), it has formally started the final development and qualification of its additive-free, full-spectrum vape cartridges with Heritage Cannabis Holdings Corp. (CSE: CANN) (\"Heritage\"). \n\n \n \n \n \n \n \n\n \nUnder the terms of the Agreement, Heritage will continue to provide Sugarbud with extraction, formulation and production services for the development of its pre-filled vape cartridges utilizing proprietary, additive-free formulations.\n\"Our high quality, additive-free, full-spectrum vape products contain dried cannabis as the sole ingredient and are a natural and logical extension of our inhaled product strategy. Sugarbud vape products will leverage and embody the quality, consistency, flavour profiles and aromas found in our exceptional craft cannabis flower,\" stated Mr. Kondrosky, CEO of Sugarbud.\nNew cannabis derivative products and formats such as vape cartridges and pens are a rapidly growing segment of the Canadian adult-use recreational market and Sugarbud expects that its high-quality, additive-free vape products will become a significant catalyst for future growth.\n\"We are confident that our partnership with Heritage will equip Sugarbud to deliver high quality products to consumers with the safety, integrity and exceptional outcomes they demand,\" concluded Mr. Kondrosky. \n\"We are very pleased to be working with Sugarbud on the production of full-spectrum vape cartridge products to support its cannabis 2.0 strategy,\" commented Clint Sharples, CEO of Heritage. \"As Sugarbud's manufacturing partner, Heritage will produce hig...