Kolab Project and Lotus Cannabis Co. today announce the launch of
Kolab Project cannabis flower in select licensed retailers across
Canada. Kolab Project Kalifornia is a heavy-hitting Indica-dominant
strain, which is the result of a unique collaboration between Kolab
Project, a cannabis brand owned by Auxly Cannabis Group Inc. (TSXV
– XLY) (“
Auxly”), and Lotus Cannabis Co., the
consumer brand of Lotus Ventures Inc. (CSE:J)(FRA:LV9)(OTC:LTTSF)
(“
Lotus”).
Kolab Project is dedicated to providing
Canadians with a carefully curated selection of cannabis products,
while championing arts, culture and design. Lotus Cannabis Co. is a
premium cannabis grower out of British Columbia’s North Okanagan
region. Kolab Project is proud to offer Canadian cannabis
enthusiasts the premium flower grown by the artisans at Lotus.
Image 1: Kolab Project Kalifornia is
available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f01f4bfe-246b-4032-b600-edce8c4f34cb.
The flower is noted for its earth aroma and flavour profile, with
spicy undertones. Image 2: Kalifornia packaging showcases that this
flower is a collaboration, informing consumers about the
cultivator, Lotus Cannabis Co. A photo is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b3559620-a10f-4bdc-ab90-dad7b62794c5.
Images courtesy Auxly.
“Kolab Project and Lotus Flower are a dream
team,” said Hugo Alves, CEO, Auxly. “We’re excited to leverage
Kolab Project’s marketing and distribution expertise to bring this
premium product to Canadians at a competitive price point.
Congratulations to the talented and dedicated Lotus team, renowned
in the region for their passion for growing and commitment to their
craft. We are proud to work with Lotus to transparently introduce
Canadian consumers to their story and their high-quality
products.”
“We are ecstatic to add Kalifornia to our
growing portfolio of products for Canada’s cannabis enthusiasts,”
said Brad Canario, Brand Director, Kolab Project. “Kolab Project is
all about collaboration, whether its with artists working in the
area of culture and design, or artists in the field of cultivation.
This latest collaboration on Kalifornia is perfect for consumers
looking for a strain to complement a slow summer night, or simply
surfing at their own pace.”
"The end of September marks the anniversary of
our first harvest and so far all of our production has been well
received,” said Carl Correia, Chief Operating Officer, Lotus. “This
launch with Kolab Project is an important milestone in getting
our premium product to as many consumers as possible."
Kolab Project Kalifornia is a high-THC strain
(between 17%-25%), bred from a cross of the legendary Nepali OG
with 88 G-13 Hashplant. With dominant terpenes of Beta
Caryophyllene and Limonene, Kolab Project Kalifornia’s aroma and
tasting notes bring to mind dense, lush vegetation – woody and
earthy, with sharp, spicy undertones. Kolab Project Kalifornia is
launching with 3.5 gram units and is available now in licensed
cannabis retail stores in Ontario, British Columbia, Alberta and
New Brunswick, with more provinces to join in coming months.
This high-quality cannabis is grown with
precision at Lotus’s naturally inspired facility in British
Columbia’s Okanagan Valley. The seasoned Lotus team, with a long
history of cultivating medical-grade cannabis, brings obsessive
attention to the smallest details to ensure the health of their
plants while eliminating exposure to unnatural shocks or
contaminants in the ecosystem. Kalifornia is grown using
high-calibrated automated systems, ensuring optimal grow conditions
and a consistent product. Lotus hang-dries the whole plant, trims
all buds by hand, and meticulously slow-cures to achieve the
flower’s distinctive flavour and aroma.
This innovative collaboration between Kolab
Project and Lotus Cannabis Co. is the result of a long-term supply
partnership between Auxly and Lotus. A milestone achievement in
this partnership is the joint launch of the Kolab Project flower
brand, which proudly displays the Lotus Cannabis Co. name on the
product packaging, providing transparency for consumers about the
source of cannabis.
About Lotus Ventures Inc. Lotus
Ventures Inc. is the publicly traded licensed producer that owns
Lotus Cannabis Co., a premium cannabis brand in Canada. Lotus is a
craft grower at scale focused on cultivating consistently fresh
cannabis at its purpose-built facility located in BC’s Okanagan
Valley. Lotus created its innovative facility to cultivate unique
and reliable strains, using an entirely handcrafted production
process created by one of the region’s most experienced growing
teams.To learn more, visit https://lotuscannabis.ca.
About Kolab Project Kolab
Project is a cannabis brand, wholly owned by Auxly Cannabis Group
Inc., that aims to connect with those actively in the cannabis
category that have an appreciation for the positive impact that
art, culture and design have on humanity. Kolab Project cannabis
products, available at licensed cannabis retailers across Canada,
include premium pre-rolls, vapes and soft chews. Visit us at
kolabproject.com.
About Auxly Cannabis Group Inc. (TSX.V:
XLY)Auxly is an international cannabis company dedicated
to bringing innovative, effective, and high-quality cannabis
products to the medical, wellness and adult-use markets. Auxly's
experienced team of industry first-movers and enterprising
visionaries have secured a diversified supply of raw cannabis,
strong clinical, scientific, and operating capabilities and leading
research and development infrastructure in order to create trusted
products and brands in an expanding global market.
Learn more at www.auxly.com and stay up to date
at Twitter: @AuxlyGroup; Instagram:
@auxlygroup; Facebook: @auxlygroup; LinkedIn:
company/auxlygroup/.
For more information please contact: Scott Campbell,
647-402-4957, press@auxly.com
Notice Regarding Forward Looking
Information:
This news release contains certain
"forward-looking information" within the meaning of applicable
Canadian securities law. Forward-looking information is frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
information that certain events or conditions "may" or "will"
occur. This information is only a prediction. Various assumptions
were used in drawing the conclusions or making the projections
contained in the forward-looking information throughout this news
release. Forward-looking information includes, but is not limited
to: consumer preferences, political change, future legislative and
regulatory developments involving cannabis and cannabis products;
and competition and other risks affecting Auxly in particular and
the cannabis industry generally.
A number of factors could cause actual results
to differ materially from a conclusion, forecast or projection
contained in the forward-looking information in this release
including, but not limited to whether: there is acceptance and
demand for Kolab Project products by consumers and provincial
purchasers; and general economic, financial market, regulatory and
political conditions in which Auxly operates will remain the same.
The forward-looking information contained in this release is
expressly qualified by the foregoing cautionary statements and is
made as of the date of this release. Except as may be required by
applicable securities laws, the Company does not undertake any
obligation to publicly update or revise any forward-looking
information to reflect events or circumstances after the date of
this release or to reflect the occurrence of unanticipated events,
whether as a result of new information, future events or results,
or otherwise.
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.
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