Friday, March 26, 2021

QualityStocksNewsBreaks – Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) Appoints New Board Member to Lead R&D

 Christina Lake Cannabis (CSE:CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) has appointed Salvatore Milia to its Board of Directors, effective immediately. Milia, who has invaluable experience in building large-scale information technology systems, recently created the company’s research and development committee; in his new board role, he will continue overseeing that committee and the company’s strategic plan to incorporate smart monitoring technology into its vertically integrated cannabis cultivation workflows. Milia will also focus on strengthening CLC’s crop yields and consistency while maintaining compliance with all applicable regulations. Christina Lake Cannabis recently signed a memorandum of understanding (“MOU”) with TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQX: TOBAF) to become the exclusive developer and distributor of TAAT’s tobacco-free and nicotine-free cigarette alternative, and Milia will lead research and development efforts relating to the company’s production of TAAT’s Beyond Tobacco(TM) base material for the Canadian market. “We are thrilled to announce Mr. Milia’s appointment to our Board of Directors and look forward to tapping into his technological and systems management expertise to optimize and automate certain aspects of our crop development to consistently produce top-quality sun-grown cannabis,” said Christina Lake Cannabis CEO and director Joel Dumaresq in the press release. “With the addition of TAAT as a partner for whom we intend to produce their product line for the Canadian market, we are pleased to have Mr. Milia’s acumen on our side as we seek to add another exciting dimension to our business model.”

To view the full press release, visit https://ibn.fm/VlgEF

About Christina Lake Cannabis Corp.

Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act. The company has secured a standard cultivation license and corresponding processing/sales amendment from Health Canada (March 2020 and August 2020, respectively) as well as a research and development license (early 2020). CLC’s facility consists of a 32-acre property, which includes more than 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, research facilities, and a facility dedicated to processing and extraction. CLC also owns a 99-acre plot of land adjoining its principal 32-acre site, which enables the company to grow at a much larger scale. CLC cultivates cannabis using strains specifically developed for outdoor cultivation, and in its inaugural harvest year produced 32,500 kg (71,650 lb) on its existing property before developing an adjacent 99-acre expansion property. Such an expansion will ultimately bring CLC’s annual cultivation footprint to more than 4.35 million square feet, which could enable at least 150,000 kg (330,693 lb) of low-cost, high-quality, sun-grown cannabis to be produced annually by the company. For more information, visit www.ChristinaLakeCannabis.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

No comments: