CLS owns
City Trees
Through this Licensing Agreement, City Trees, a leading player in the
This move marks a significant milestone for City Trees, solidifying its commitment to providing high-quality cannabis vape products to consumers at a low cost across different states. The Company's decision to enter the
The Licensing Agreement, entered into with a state-of-the-art facility in
City Trees takes pride in its reputation for crafting cutting-edge cannabis vaping solutions, with a focus on quality, purity, and consistency. The expansion into
'This relationship highlights the demand for our City Trees products outside of
'We are excited to bring our premium cannabis vape products to the vibrant and evolving market in
With this strategic move, City Trees anticipates creating new job opportunities via their manufacturing partner in
Forward-Looking Statements
This press release contains certain 'forward-looking information' within the meaning of applicable Canadian securities legislation and 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995 (collectively, the ''forward-looking statements'). These statements relate to, among other things, the expected development of our business and joint ventures, results of operations and financial performance, future liquidity, working capital and capital requirements. The continued spread of COVID-19 could have, and in some cases already has had, an adverse impact on our business, operations and financial results, including through disruptions in our cultivation and processing activities, supply chains and sales channels, and retail dispensary operations as well as a deterioration of general economic conditions including a possible national or global recession. In some cases, you can identify forward looking statements by terminology such as 'may,' 'might,' 'will,' 'should,' 'intends,' 'expects,' 'plans,' 'goals,' 'projects,' 'anticipates,' 'believes,' 'estimates,' 'predicts,' 'potential,' or 'continue' or the negative of these terms or other comparable terminology. These forward-looking statements are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. We cannot guarantee future results, levels of activity or performance. You should not place undue reliance on these forward-looking statements, which speak only as of the date that they were made. These cautionary statements should be considered together with any written or oral forward-looking statements that we may issue in the future.
Contact:
Tel: 212-828-8436
Tel: 480-276-8298
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