Embark Delta Inc. Completes First Shipment to Province of Alberta
Toronto, Ontario--(Newsfile Corp. - March 31, 2021) - Embark Delta Inc., a wholly owned subsidiary of Embark Health Inc. ("Embark" or the "Company") is pleased to announce the Company has successfully completed its first shipment of products to the Alberta Gaming, Liquor & Cannabis ("AGLC") with The Hank Co. Bubble Hash. The AGLC is the province of Alberta's regulator, wholesaler and operator of Alberta's only legal online non-medical cannabis store, AlbertaCannabis.org.
The Hank Co. is part of Embark's line of 2.0 solventless concentrate brands. Embark looks forward to continuing the rollout of this and other concentrate products within the provinces combined with the launch of other product Cannabis 2.0 SKUs in the very near future.
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"The entire Embark team is thrilled to announce that our best-in-class bubble hash is available in the province of Alberta," said Dr. Luc C. Duchesne, CEO of Embark. "We look forward to fulfilling continued demand in Alberta. The market has been waiting for quality concentrates such as The Hank Co. Bubble Hash and we look forward to the continued the rollout of concentrate products within the Hank brand portfolio."
Embark's next generation 2.0 product portfolio will continue to expand into the adult-use market in 2021 with the inclusion of the company's solventless concentrate products, (rosin, dry sift and pressed hash), combined with the Embark Nano beverages and topicals launching throughout 2021. Solvents-based extracts are expected later in the year.
About Embark Health Inc.
Embark Health Inc. is a leader in solventless cannabis extraction, with a focus on the formulation and production of advanced 2.0 products for the B2B, medical and adult-use markets. Embark continues to be at the forefront of production of concentrate products including bubble hash, traditional pressed hash, rosin, and dry sift. With the acquisition of Embark Nano Inc. ("Nano", formerly, Axiomm Technologies Ltd.) in Q3 of 2020, Embark is preparing to launch the next generation of Cannabis 2.0 products. The acquired portfolio of products and formulations support the mass production and distribution of advanced 2.0 products including cannabis-infused beverages, topicals, edibles and water-soluble powders. For more information, please visit www.embarknano.com.
It is Embark's mandate to pursue best-in-class production processes resulting in premium quality commercial and consumer extraction products. Embark Health Inc. is dedicated to unleashing the full potential of the cannabis plant through scientific approaches to extraction and the production of quality products to enhance everyday life. For more information, please visit www.embarkhealthinc.com.
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FORWARD LOOKING STATEMENTS
This news release contains "forward-looking information" within the meaning of applicable securities laws including statements regarding the ability to leverage its existing Cannabis 2.0 products for the Canadian market, access to future markets, Embark's ability to increase production and offer new products and services following receipt of applicable licences, the continued business-to-business activities of Embark, and the effects of the aforementioned activities on the operational and financial condition of Embark. Although Embark believes in light of the estimates by management, current conditions and expected future developments and other factors, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them. Accordingly, Embark can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, changes in economic conditions or financial markets; regulatory delays; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; and technological or operational difficulties. This list is not exhaustive of the factors that may affect our forward-looking information. The statements in this press release are made as of the date of this release. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company.
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