Benchmark Benchmark to Provide Cannabis to British Columbia

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Indicators an Agreement with the B.C. Liquor Distribution Branch (BCLDB)

VANCOUVER, British Columbia – October 7, 2019 /Canna Newswire/ – Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) (“Benchmark” or the “Company”) a licensed producer of cannabis for the health-related and adult-use recreational markets, is pleased to announce that its wholly-owned subsidiary, Potanicals Green Growers Inc. (“Potanicals”), has signed a Licensed Producer Provide Agreement for Non-Health-related Cannabis with the Province of British Columbia.

In British Columbia (BC), Benchmark has signed an agreement with the BC Liquor Distribution Branch (BCLDB), the sole, wholesale distributor of non-health-related cannabis for the province that will operate standalone, public retail shops and supply on the internet sales.

Commenting on the signing of the cannabis provide agreement, William Ying, Benchmark’s CEO, stated, “We are particularly pleased to have accomplished an additional important milestone and to additional evolve the general development of the organization. Benchmark is quite proud to have the credentials and capabilities to supply British Columbians protected, higher-excellent items. We are excited to operate with partners that now contains the Province of British Columbia to support assure the accomplishment of new adult-use recreational cannabis markets.”

In addition to our bulk sale license received in August 2018, in July 2019 Benchmark received notification from Overall health Canada that it had been granted a sales license for the following activities connected to sale of cannabis:

  • a license for sale for health-related purposes
  • a license for common processing authorizing the sales of cannabis plants, cannabis plants seeds, fresh cannabis and dried cannabis items

Benchmark now has the potential to sell into provincial recreational provide chains and make direct on the internet sales to health-related cannabis clientele.

Benchmark, by means of Potanicals, acquired its original Cultivation License in October 2017 beneath the Access to Cannabis for Health-related Purposes Regulations.

About Benchmark Botanics Inc.
Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a 3-way vertical organization model targeting the health-related, pharmaceutical, and recreational markets in Canada and the EU. The Company’s organization program also contains a approach to turn out to be a Canadian licensed producer to pioneer promoting health-related cannabis and hemp all through Asia.

Benchmark Botanics is focused on creating the highest-excellent, indoor-grown cannabis for individuals and adult recreational customers, as nicely as building international organization partnerships to extend the Company’s international footprint.

Benchmark Botanics’ 100 % owned subsidiary, Potanicals Green Growers Inc. is a Overall health Canada licensed producer beneath the Cannabis Act and its regulations (formerly ACMPR). The Firm is creating at its indoor Peachland Cannabis Complicated and is constructing a Phase II expansion of an added 10,000 square foot facility there. Along with cultivation and production, the company’s Peachland BC facility also delivers propagation, cultivation, cloning, storage, analysis and improvement, genetics and is progressing towards CBD oil extraction and an EU-GMP certification.

As aspect of its expansion approach the business is developing its second facility, a four-acre Pitt Meadows Greenhouse Operations in BC.

For additional data, please pay a visit to the Company’s site at www.benchmarkbotanics.com

Benchmark Botanics is a diversified multi-licensed cannabis producer focused on a 3-way vertical organization model targeting the health-related, pharmaceutical, and recreational markets in Canada and the EU. The Company’s organization program also contains a approach to turn out to be a Canadian licensed producer to pioneer promoting health-related cannabis and hemp all through Asia.

# CNW #

Media Speak to:
David Joseph
David Joseph Advertising
[email protected]
(604) 619-9192

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