Sugarbud Announces First Product Shipments to Saskatchewan and Provides Operating Update

Published: July 28, 2020

Sugarbud Announces First Product Shipments to Saskatchewan and Provides Operating Update

Sugarbud Craft Growers Corp. announced that, together with its partner Agro-Greens Natural Products Ltd., it has commenced the first shipment of the Company’s Craft Cannabis Collection of products to National Cannabis Distribution for sale in the Province of Saskatchewan.

“The launch of our Craft Cannabis Collection in Saskatchewan is a pivotal commercial milestone for Sugarbud and yet another major step forward on our path towards sustainable revenue and profit generation,” said John Kondrosky, CEO of Sugarbud. “We believe that the market for superior, higher potency, terpene rich cannabis remains underserved and continues to grow as consumers become more informed about the choices they make”, added Mr. Kondrosky.

The first products to be launched in Saskatchewan will be OG Kush and Wedding Cake 3.5 g Dried Flower. The Company expects that its products will be available in select stores across the province this week. The Company also expects to launch its line of craft cannabis pre-roll products in August. For more information about the Company’s Craft Cannabis Collection, please click here.

Operating Update

Sugarbud is also pleased to announce that it has completed the initial expansion of its second cultivation room and expects to have an additional 2,000 plants under flower at its facility in Stavely, Alberta by mid/late August. “We continue to execute very well against our operational and capacity expansion priorities while at the same time ensuring that we do not lose any traction on product quality and consistency. We are very pleased with our progress in Stavely and believe that our current cultivation capacity is very much in line with our commercial expectations for the balance of the year and 2021″, continued Mr. Kondrosky.

Sugarbud is an Alberta-based consumer driven craft cannabis company; focused on the cultivation and production of superior, select-batch, craft cannabis products. Our vision and mission are to become a trusted and well-respected consumer brand – renowned for providing exceptional high-quality craft cannabis products to legal markets by delighting the most discerning of cannabis consumers.