Vancouver, British Columbia - August 19, 2020 - Vodis Pharmaceuticals Inc. (CSE:VP) (CNSX:VP.CN) (FSE:1JV1) (OTC:VDQSF) ("Vodis" or the "Company" has launched its new craft cannabis brand: Gnomestar Craft Cannabis.
The brand builds on the Company's identity as a craft cannabis producer. "The team is extremely proud and united around the new Gnomestar Craft Cannabis brand. We are confidant that the Gnomestar brand will be well-received by our customers", remarked the brand creator Derek Good, one of the Co-founders of Vodis.
The Company is also pleased to report the harvest and hand-trim of its second crop, which consists of:
- 13.4 kg of Comatose Kush
- 12.8 kg of Meat Breath
- 16.1 kg of Red Congolese
These go-to-market cultivars were selected based upon their uniqueness within the Canadian craft cannabis market.
Dr. Earl Oliver commented, "The team and I are extremely proud of what we have achieved with this second crop. Our goal with this go-to-market crop was to deliver a high-quality, craft cannabis product. We know that we have succeeded."
Our R&D continues to advance our dried flower with concentrates and extracts expected to follow in 2021. Our next crop, slated for release in mid-November, is being grown in soil and is the company's first foray into no-till living soil. The goal is to grow in a medium that maximizes the genetic potential of the plant.
The new social media handles for the Company and Gnomestar Craft Cannabis is: @gnomestarcraft
For further information please contact:
Mark Lotz, Chief Executive Officer and CFO
Vodis Pharmaceuticals Inc.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws including statements relating to the outlook of the business of the Company, the planned expenditures for upgrades and other renovations at the Company's facilities in Delta, BC. Although the Company believes considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them as the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements, depending on, among other things, the risks that the private placement financings may not close for any reason (including the failure to obtain the required approvals or clearances from regulatory authorities) or that the terms of the private placement financing may differ from those that currently are contemplated. The statements in this news release are made as of the date of this release. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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