HIP Newstrike Brands Ltd

TORONTO, Jan. 4, 2019 /CNW/ - Newstrike Brands Ltd. (TSX-V:HIP) ("Newstrike" or the "Company") and its wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis"), today announced it has undertaken a voluntary product recall as a precautionary measure regarding a portion of a single, specific lot of its cannabis sold only in Alberta. Retesting of the product detected levels of mould/ microbial contaminants which exceeded acceptable limits.

This recall involves 1,428 units of one lot of Up Cannabis Inc. 7g dried cannabis jars sold to the Alberta Gaming Liquor & Cannabis (AGLC).  The affected product is isolated to the November 28, 2018 packaging date and was sold only in Alberta.  No other Up Cannabis product is affected by this notice.

To date there has been no quality complaints or adverse reactions regarding this product lot. 

Customers in Alberta who may still have this product in their possession can return it to the point of sale where it was purchased for replacement or refund.  Consumers may also contact Up Cannabis Inc. at care@up.ca or at 1-833-UPDOTCA (873-6822) for further information.

About Newstrike and Up Cannabis
Newstrike is the parent company of Up Cannabis, a licensed producer of cannabis that is licensed to both cultivate and sell cannabis in all acceptable forms. Newstrike, through Up Cannabis and together with select strategic partners, including Canada's iconic musicians The Tragically Hip, is developing a diverse network of high quality cannabis brands. For more information, visit http://www.up.ca or http://www.newstrike.ca.

Forward-Looking Information
This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Newstrike to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date.

Newstrike does not assume any obligation to update or revise any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf, except as required by applicable law.

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

SOURCE Up Cannabis