Ottawa, ON April 5, 2022 – Molecule Holdings Inc. (CSE: MLCL) (“Molecule” or the “Company”), a Canadian craft-focused cannabis beverage production company, is thrilled to share that our seven new Molecule SKUs are now available to Ontario Cannabis retailers as of April 5th, 2022. This will mark the largest and most significant product drop for the company so far and significantly increases exposure in the Ontario Cannabis Store.
The EMBODY brand focuses on trend setting ingredients, unique flavour profiles, and high CBD inputs. Available now are EMBODY Blood Orange + Rosemary Sparkling Red Tea and EMBODY Mint + Honey Sparkling Green Tea.
The PHRESH brand was created to provide consumers with a low cost/high quality product with full THC potency. Following the massive success of PHRESH Strawberry Kiwi which holds the #2 best-selling beverage spot in Ontario, the brand is ready to “refresh the sesh” of consumers with the addition of PHRESH Summer Punch. PHRESH STRAINS is the new sister-category made for the cannabis enthusiast and new consumers looking to explore how different and exciting the flavours can be in each flower strain without the harshness of the smoke. PHRESH Pineapple Express is the first available SKU in this line made with naturally occurring terpenes from this popular legacy strain.
The CANAJO brand is Canada’s first coffee-flavoured cannabis beverage. Available for purchase now are CANAJO Regular, which offers a low THC and high CBD formulation, and CANAJO Espresso Spice which offers full potency THC at 10 mg and 0 mg CBD.
In addition, Molecule is pleased to share that brand-partner PROPER has expanded its product offering and now includes Blueberry Pomegranate. Coupled with its already established PROPER Lemon-Lime, the PROPER brand now has two beverages in the marketplace.
Commented David Reingold, CEO Molecule, “We are excited to finally launch all of our new SKUs to the Ontario Cannabis Store, Ontario retailers and consumers April 5th. The team has been readying retailers in advance of this release. We expect the drinks will be in high demand based on their unique features and flavours. The Company has planned a number of marketing events and store pop-ups to ensure customers and budtenders understand the products, flavours, and brand promise.”
About Molecule Holdings Inc.
Molecule is a licensed producer dedicated to creating cannabis-infused beverages for the Canadian market. We produce leading, top-quality drinks to provide opportunity and choice to people seeking a convenient and social way to consume cannabis. Molecule is focused on growing both our portfolio, and the overall cannabis beverage market. We want to ensure people have the best opportunity to find exactly the product and experience they thirst for.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this press release.
This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses 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 information. Forward-looking statements in this news release include statements relating to the PHRESH, embody, CANAJO, and PROPER beverage categories; expected sales increases as a result; the Company’s ability to produce cannabis-infused beverages for the Canadian beverage market and to provide opportunities for people to consume cannabis. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions.
The Company’s actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.