CALGARY, Sept. 13, 2019 /CNW/ - Westleaf Inc. (the
"Company" or "Westleaf") (TSX-V:WL) (OTCQB:WSLFF) is
proud to announce its Prairie Records retail stores have
been named top cannabis retailer in Canada at the GrowUP Conference & Expo.
Singing a different tune in cannabis retail, the award win is a
testament to how Prairie Records is offering Canadian's a truly
unprecedented purchasing experience.
"It is extremely gratifying to have Prairie Records be
recognized at one of the industry's largest events and to be able
to stand out amongst a field of very worthy retail competitors,"
says Adam Coates, Chief Commercial
Officer at Westleaf and Retail Brand Strategist for Prairie
Records. "We set out to make waves in a sea of sameness by
creating an immersive experience like no other in the marketplace,
and we are pleased and honoured to receive this, the first Grow UP
Conference retail award."
Ten companies were nominated in the Grow UP retail category at
this year's event, the first for the industry. Among the nominees
were independent stores and well-known national chains. Prairie
Records was recognized based on delivering an unparalleled
consumer purchasing experience and creating a welcoming brand for
cannabis consumers.
Westleaf has four Prairie Records stores open, three in
the Saskatoon region and one in
Calgary, which is hosting its
grand opening tomorrow, September 14.
The concept combines the tactile and immersive feel of a vinyl
record store with a cannabis purchasing experience. Information
about the cannabis strains and strengths are presented on album
covers and the customer is enveloped in a warm and welcoming retail
experience. The staff are well versed on the product offering and
provide educational opportunities for both the experienced cannabis
connoisseur as well as the novice consumer.
About Prairie Records
Focusing exclusively on densely populated neighbourhoods, high
traffic areas, and tourist destinations, Prairie
Records retail stores will be situated in some of the most
premium retail locations across the country. The foundation of the
retail concept is ingrained with a desire to create a unique
cannabis purchasing experience through tactile in-store features
and product offerings that celebrate the relationship between music
and cannabis. Westleaf continues to be committed to becoming a
leader in the Canadian cannabis retail market.
About Westleaf Inc.
Westleaf is a Canadian cannabis
company focused on cannabis brands, extraction and production of
derivatives, wholly owned retail, as well as cannabis cultivation.
The Company's extraction and processing facility, The Plant,
will produce high quality and consistent cannabis derivatives and
consumables, both for Westleaf's in-house brands as well as white
label products. Westleaf's retail concept, Prairie Records,
leverages the instinctual tie between recreational cannabis and
music with stores operating or in development across Western
Canada. The Company's Thunderchild cultivation facility
is scheduled for completion at the end of this
year.
Neither TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release
Cautionary Statements
This news release contains "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always
using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
statements. In this news release, forward-looking statements relate
to, among other things, (i) retail cannabis stores that Westleaf
plans to open; (ii) the construction of Westleaf's production
facilities and the timing for completion of same; (iii)
commencement of production at Westleaf's production facilities;
(iv) the Plant providing a competitive advantage by being adaptive
to consumer needs; (v) products and brands to be produced from
Westleaf's production facilities and the products and services that
Westleaf plans to offer; (iv) timing of provincial and federal
regulatory approvals; (vii) timing of legalization of certain
derivative products; (viii) changes in cannabis consumption habits
among Canadians; and (ix) the processing and production
capabilities of Westleaf's extracting and cultivation facilities.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are
not limited to: risks relating to the ability to obtain or maintain
licenses to retail cannabis products; review of Westleaf's
production facilities by Health Canada and receipt of licenses from
Health Canada in respect thereof; future legislative and regulatory
developments involving cannabis, including the passing of
regulations regarding derivative cannabis products; inability to
access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms;
the labour market generally and the ability to access, hire and
retain employees; the ability of Westleaf's production facilities
to operate and perform at peak production; general business,
economic, competitive, political and social uncertainties; the
satisfaction of conditions precedent under Westleaf's credit
facilities; timing and completion of construction of Westleaf's
production facilities and retail locations; and the delay or
failure to receive board, ATB Financial or regulatory approvals,
including any approvals of the TSX Venture Exchange, as applicable.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on the forward-looking
statements and information contained in this news release. Except
as required by law, Westleaf assume no obligation to update the
forward-looking statements of beliefs, opinions, projections, or
other factors, should they change, except as required by
law.
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SOURCE Westleaf Inc.