Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Creso Pharma subsidiary Mernova awarded Craft Designation by Ontario Cannabis Store

% of readers think this story is Fact. Add your two cents.


Creso Pharma Ltd’s (ASX:CPH) (FRA:1X8) wholly-owned Canadian subsidiary Mernova Medicinal Inc has become one of a select group of cannabis producers to be awarded Craft Designation by the Ontario Cannabis Store (OCS).

Craft designation is for a select few craft cannabis products that meet the criteria to qualify and are available for Ontario consumers.

This designation is an important achievement for Mernova and will provide broader visibility in a competitive market while also highlighting the quality of Mernova’s products.

The OCS is a crown agency solely owned by the Ontario province and it reports directly to the Ministry of Finance.

It is the province’s only retailer and wholesaler of legal recreational cannabis and has created a specific category for craft cannabis products available to consumers in Ontario.

Validation of hard work

Mernova’s managing director Jack Yu said: “Our focus has always been on quality over all else and being awarded OCS Craft Designation is a direct result of this strategy.

“To be one of the only companies to be awarded OCS Craft Designation in Ontario is a major validation of the hard work and effort put in by our operations team, and the resulting artisanal quality of our products.

“We do things the right way, combining science and artisanal methods to produce some of the finest cannabis available.”

Strong sales growth

The company continues to achieve strong sales growth across Ontario and currently its HPG13, Lemon Haze and Clementine Punch strains are sold out across multiple dispensaries in the province.

Ontario represents a large addressable market for Creso Pharma as the province is one of the largest recreational cannabis markets in Canada and Mernova expects ongoing growth through the region.

Yu said: “We are continuing to witness strong sales growth across all provinces, which is a testament to the quality of our products.

“We will continue to work with dispensaries and distributors on a province-by-province basis, in a push to maximise sales.”

Ritual Green products

Ritual Green products are available to more than 600 stores in Ontario and available to the public directly through the OCS online sales platform (https://ocs.ca/).

The company’s management is continuing to monitor potential patterns and shifts in the distribution of cannabis in Ontario and is ready to adjust as necessary.

Yu said: “We are confident that this new category will help further differentiate us from the competition, enhance our brand, and provide increased brand exposure and brand awareness, which should result in much broader visibility within the market.

“We don’t compromise on quality, and we’re becoming recognized within the industry because of it.”

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/949586/creso-pharma-subsidiary-mernova-awarded-craft-designation-by-ontario-cannabis-store-949586.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.