Canary Inc. Signs Exclusive Partnership With Serious Seeds B.V.
11 Diciembre 2018 - 8:22AM
InvestorsHub Cannabis NewsWire
Canary Inc. Signs Exclusive Partnership With Serious Seeds B.V.
for the Production and Distribution of Award-Winning Cannabis Seeds
and Genetics
Norfolk County, ON -- December 11, 2018 -- InvestorsHub NewsWire
-- Target Group Inc. (OTCQB:
CBDY) today announced that its wholly owned subsidiary,
Canary Rx Inc. ("Canary") has entered into an exclusive global
partnership agreement with Serious Seeds B.V. in all legal cannabis
markets (“Serious Seeds”). Serious Seeds is a world renowned and
highly acclaimed Dutch seed bank known for breeding premium
cannabis strains, including AK-47, Chronic, Bubblegum, Kali Mist
and White Russian.
For over 20 years, Serious Seeds have bred an expertly curated
catalog of classic, high quality, reliable cannabis genetics. Their
methodical approach to perfecting a limited selection of now
legendary strains, has gained Serious a flood of accolades and
awards within the cannabis community.
“Selecting quality genetics is a fundamental aspect of producing
premium cannabis, so we are delighted to be joining forces with
such a distinguished and globally recognized breeder as Serious
Seeds,” said Randall MacLeod, CEO of Canary Rx Inc. “This is
just one strategic partnership for Canary as we position ourselves
to become Canada’s preferred producer of premium cannabis
products.”
The groundbreaking partnership will see Serious Seeds breeding
their original strains at Canary’s 44,000 sq. ft. facility in
Norfolk County, Ontario, as well as developing new genetics for the
emerging recreational market. Canary will also have exclusive
access to Serious Seeds’ current catalog of strains, providing
Canadian growers with legal access to world-class genetics.
“Serious Seeds has placed careful consideration into selecting
an appropriate cannabis producer with which to share our genetics,”
said Simon Smit from Serious Seeds. “Canary appealed to us because
of their passionate, experienced growers, superior cultivation
techniques, and our shared philosophy of quality over quantity.
Serious Seeds has always been about breeding the best strains, not
the most strains, and that will be our continued focus.”
Serious Seeds has earned its reputation over decades, despite
significant legal and regulatory restraints. Such passion,
dedication and expertise is a relatively untapped resource, often
overlooked by the deluge of industry newcomers. Canary will
continue to seek out partnerships with veterans of the cannabis
community that deserve recognition in the newly emerging legal
market.
About Target Group Inc. (OTCQB:
CBDY)
Target Group, Inc. is a diversified and vertically integrated
progressive company with focus on both national and international
presence. The Company operates a wholly-owned late stage Canadian
licensed producer regulated under Health Canada’s Access to
Cannabis for Medical Purposes Regulations (ACMPR): Canary RX, which
operates a 44,000 square foot facility located in Norfolk County,
Ontario. The Company has begun structuring multiple international
production and distribution platforms and intends to continue
rapidly expanding its global footprint as it focuses on building an
iconic brand portfolio whose focus aims at developing cutting edge
Intellectual Property among the medical and recreational cannabis
markets. Target Group is committed to building industry-leading
companies that transform the perception of cannabis and responsibly
elevate the overall consumer experience.
About Canary RX Inc.
Canary Rx Inc. ("Canary") is a final-stage Licensed Producer
("LP") applicant, under the ACMPR. Situated
in Ontario's Garden, Norfolk County, Canary lies
nestled among-st the shores of Lake Erie in a vibrant,
agricultural community. Our 44,000 sq. ft. facility is engineered
to meet strict quality control standards and will be equipped with
the latest environmental control technology. Once complete, it's
expected to produce 3,600kg of cannabis per year. Canary is
currently positioning itself as a premium cannabis lifestyle brand,
with a focus on producing pure, curated, cannabis products. Our
modern, minimalist branding will grow with the company, and
evolving social and political conditions, situating us to appeal to
medical as well as to recreational markets.
About Serious Seeds
Serious Seeds is the home of the classic proprietary
award-winning cannabis strains AK-47, Bubble Gum, Chronic,
Kali Mist, White Russian, Warlock, Double Dutch, Biddy Early,
Motavation, Serious 6, Autoflowering White Russian #1, Serious
Happiness, Serious Kush, CBD-Chronic, CBD-enriched Warlock and
Strawberry-AKeil. Serious Seeds offers the best quality cannabis
strains available in the market since 1994. As of
November 2018 their strains have received more
than 101 awards in different Cannabis
competitions around the world. Their philosophy is to
develop easy to
grow, stable and homogeneous genetics for
medicinal and recreational cannabis users.
Forward-Looking Statements
Disclaimer: This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can
identify forward-looking statements by the following words:
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "ongoing," "plan," "potential," "predict,"
"project," "should," "will," "would," or the negative of these
terms or other comparable terminology, although not all
forward-looking statements contain these words. Forward-looking
statements are not a guarantee of future performance or results,
and will not necessarily be accurate indications of the times at,
or by, which such performance or results will be achieved.
Forward-looking statements are based on information available at
the time the statements are made and involve known and unknown
risks, uncertainties and other factors that may cause our results,
levels of activity, performance or achievements to be materially
different from the information expressed or implied by the
forward-looking statements in this press release. This press
release should be considered in light of all filings of the Company
that are contained in the Edgar Archives of the Securities and
Exchange Commission at www.sec.gov.
Sasha Starr 6479644556 sasha@targetgroupinc.ca
Target (PK) (USOTC:CBDY)
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