Ayurcann Holdings Corp. entering Ontario with the bestselling "FUEGO" Vapes

Toronto, Ontario, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: CDCLF, FSE: 3ZQ0) (the "Company"), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 products in the medical and recreational market is pleased to announce the launch of their high potency THC branded "Fuego" vapes. Ayurcann will launch their line of Fuego products through the Ontario Cannabis Store (the "OCS"). Products will be made available through additional adult-use channels including authorized retailers across Ontario.

Ayurcann will be launching its best seller - Fuego's Cherry Blossom. The vape product has been a best seller across various Canadian markets with repeat orders coming in on a monthly basis. With the introduction of one of the highest concentrations of active cannabinoids on the market in this format, Ayurcann's strategy is to expand market share in extract and extract derivatives while providing exceptional products to consumers.

"We are thrilled to announce Fuego's initial entrance into the largest Canadian market through the OCS, where we are optimistic about its market potential as an industry leading value brand line. We have been successfully selling in NB, MB, SK and believe that the interest from consumers and retailers will help set the standard for vape products in Ontario," states Igal Sudman, CEO of Ayurcann.

About Ayurcann Holdings Corp.

Ayurcann is a leading post-harvest solution provider with a focus on providing and creating custom processes and pharma grade products for the adult use and medical cannabis industry in Canada. Ayurcann is striving to become a partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including extraction, formulation, product development and custom manufacturing.

For additional information, please contact:

Ayurcann Holdings Corp.
Igal Sudman, Chief Executive Officer
905-492-3322
[email protected]

Investor Relations:

Email: [email protected]

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Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward- looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements, including but not limited to statements relating to the Company's expansion plans, future production capacity, the Company becoming a partner of choice for leading Canadian and international cannabis brands and the Company's intended directors and auditor for the ensuing year. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties, and other factors.

Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company will expand and be able to maintain production capacity; the Company's ability to continue as a going concern; continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the continued growth of the Company; the Company will become a partner of choice for leading Canadian and international cannabis brands; and the Company will maintain the same directors and auditor for the ensuing year.

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