Experion Launches Flagship Brand Citizen Stash in Ontario

Rhea-AI Summary

Experion Holdings Ltd. (TSXV:EXP, OTCQB:EXPFF) has successfully completed its first shipment to the Ontario Cannabis Store (OCS) for the sale of premium cannabis strains under its brand, Citizen Stash. This shipment includes popular strains like MAC1 and Sunset Sherbert, which will soon be available in retail outlets across Ontario. CEO Jarret Malnarich emphasized that entering Canada’s largest cannabis market is a significant milestone aimed at accelerating revenue and achieving profitability.

Positive

• Successful initial shipment to Ontario Cannabis Store, fulfilling a purchase order.
• Introduction of premium strains like MAC1 and Sunset Sherbert to the Ontario market.
• Strategic entry into Ontario, Canada’s largest cannabis market, positioning for revenue growth.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / September 14, 2020 / Experion Holdings Ltd. (the "Company" or "Experion") (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31) is pleased to announce that it has completed its first shipment to fulfill an initial purchase order from the Ontario Cannabis Store ("OCS").

This first purchase order consists of Citizen Stash's top strains including MAC1, Sunset Sherbert, Sage N'Sour and Stonewall for 3.5g premium flower. Accordingly, Citizen Stash will be made available to consumers throughout Ontario's retail channels in the coming weeks.

"Entering Ontario, Canada's biggest cannabis market, with our premium Citizen Stash brand is an important milestone for Experion," commented Mr. Jarret Malnarich, CEO of Experion Holdings, "getting into the ever expanding Ontario market positions our company to accelerate its revenues as we move forward on our path to profitability."

About Experion Holdings Ltd.

Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC.

Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including Adult-use, Wellness and Therapeutic, and Medical products.

Experion trades on the TSX Venture Exchange as a Tier 1 issuer under the symbol "EXP" on the OTCQB Venture under the symbol "EXPFF" and on the Frankfurt Stock Exchange under the symbol "MB31".

For further information, please visit the Company's website www.experionwellness.com or contact Investor Relations, Email: IR@experionwellness.com.

Disclosure

This press release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, forecast, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the state of the financial markets for the Company's equity securities; recent market volatility; the Company's ability to raise the necessary capital or to be fully able to implement its business strategies; the risks identified in the Filing Statement, and other risks and factors that the Company is unaware of at this time. The reader is referred to the Filing Statement dated September 25, 2017 and/or the most recent annual and interim Management's Discussion and Analysis for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company page on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Experion Holdings Ltd.

View source version on accesswire.com:
https://www.accesswire.com/605903/Experion-Launches-Flagship-Brand-Citizen-Stash-in-Ontario

FAQ

What is the significance of Experion's shipment to the Ontario Cannabis Store?

Experion's shipment marks its entry into Ontario, Canada's largest cannabis market, which is expected to enhance revenue potential.

Which strains did Experion ship to the Ontario Cannabis Store?

Experion shipped top strains including MAC1, Sunset Sherbert, Sage N'Sour, and Stonewall.

When will Citizen Stash be available to consumers in Ontario?

Citizen Stash will be available to consumers throughout Ontario's retail channels in the coming weeks.

What are the stock symbols for Experion Holdings Ltd.?

Experion trades on TSXV as 'EXP', on OTCQB as 'EXPFF', and on Frankfurt as 'MB31'.