Christina Lake Cannabis Announces License Application

VANCOUVER, British Columbia, March 05, 2019 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. ("CLC" or the "Company") is pleased to announce that it submitted its application for a Standard Cultivation License including Federal Sales and Medical, to Health Canada on February 15, 2019.  "We are excited to submit our application as an important step in the development of our 32-acre outdoor site in the heart of British Columbia's premier cannabis cultivation zone," said Arie Prins, President & CEO of CLC.  "We are continuing to develop our property and buildings with a goal of cultivating and harvesting our first crop in 2020."

About CLC

CLC is an agricultural business operating in the world-renowned outdoor cannabis growing region of southern British Columbia, Canada.  Its wholly-owned 32-acre parcel of land, of which 20 acres (871,200 square feet) is available for cultivation, is situated in a valley with time-proven ideal growing conditions, with the option for considerable expansion opportunities.  CLC strives to be the premier producer of low-cost, food-grade high quality cannabis oil extracts, utilizing sustainable farming practices as developed by its Master Growers over several decades of combined experience.

CLC's focus on oil extraction is not only due to its high margins and its ability to maintain high consistency and quality but more importantly since it efficiently and effectively positions CLC for future expansion into a host of new up and downstream markets including edibles, dry product and third-party processing as its business expands. 

CLC's owner-employees are dedicated to a long-term sustainable agribusiness based on the principles of the highest quality production using ethical farming practices.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties.  These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

For further information please contact: 

Arie Prins, President & CEO

[email protected]

(587) 966-0054