Launches Turn-Key Contract Development and Manufacturing Plus Distribution (CDMO+D) Solution for Industry Leading Hemp/Cannabis Brands

Highly Accretive Transformative Deal Utilizes Entire 22nd Century Value Chain, from Receptor Science to Category Management in Retail Distribution with Most Recognized Cannabis Brand in the World

BUFFALO, N.Y., April 05, 2023 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced a new three-year exclusive license and distribution agreement (the “Agreement”) with Cookies, the most globally recognized hemp/cannabis company in the world. The brand was founded in 2010 by chief executive officer, rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai.

“This transformational strategic license, manufacturing and distribution agreement with Cookies establishes the foundation of an innovative new CDMO plus distribution business model for 22nd Century at a time when mass market channels urgently need to find new, high-margin, high-velocity products to meet the rapidly growing consumer demand for CBD products,” said James A. Mish, Chief Executive Officer of 22nd Century. “Our complete, vertically integrated capabilities represent the first and only industry option providing Cookies’ category leading, CBD brand with a single-source, national solution across its entire family of products.”

“We are incredibly excited to expand our partnership beyond GVB with the 22nd Century Group. They have undoubtedly put together one of the most impressive teams in the space, and we look forward to expanding the national distribution of Cookies non-THC products together,” said Parker Berling, President of Cookies.

The exclusive license with 22nd Century covers all Cookies branded non-Delta-9 THC, hemp derived cannabinoid consumer packaged goods, including sourcing of all ingredients and APIs; white-label manufacturing of vapes and other CBD products; and category management through retail distribution.

GVB Biopharma, a 22nd Century company, has manufactured various Cookies products for the past three years, and under this new Agreement, will manufacture Cookies’ market-leading products, expected to account for more than half of Cookies’ non-Delta-9 cannabinoid sales.

The integrated go-to-market sales and distribution components of the agreement will leverage 22nd Century’s veteran consumer packaged goods (“CPG”) sales team, which plans to distribute Cookies products in up to 18 markets targeted for the rollout of the Company’s innovative VLN^® products, during 2023. This combination will allow Cookies to leverage 22nd Century’s purpose built, turn-key sales and distribution platform for alternative consumer products.

Cookies will continue to leverage its robust brand building, marketing and advertising apparatus to support sales of its products, including, but not limited to, direct advertising of their products by Berner across social media, earned media and in-person events. The partnership will also leverage Cookies’ industry leading creative development studios across a number of different placements and categories to promote product launches in key markets.

The CPG sales team will target a market of approximately 60,000 retail stores consisting of independent retail, discount tobacco outlets and vape shops in non-recreational states serviced by its network of top regional distributors and chain discount tobacco outlets. Products will also be available on the Cookies e-commerce website: https://shop.cookies.co/.

“Cookies products are a natural fit to the same points of sale as our FDA MRTP authorized VLN^® products. The combination of these two offerings will enhance our sales team’s product portfolio with a larger suite of small-footprint, high-velocity, high-margin CBD products, with Cookies’ internationally recognized products serving as a cornerstone brand as we build out this innovative hemp/cannabis CDMO+D platform,” said John Miller, President of Tobacco Products of 22nd Century.

About Cookies
Cookies, founded in 2010 by Billboard-charting rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai, is the most globally recognized cannabis company in the world. Cookies values the power of the plant and focuses on creating game-changing genetics. The company offers a collection of over 70 proprietary cannabis cultivars and more than 2,000 products. Cookies also actively works to enrich communities disproportionately impacted by the War on Drugs through advocacy and social equity initiatives. Headquartered in San Francisco, the company opened its first retail store in 2018 in Los Angeles, and has since expanded to 58 retail locations in 18 markets across 6 countries. Cookies was named one of America’s Hottest Brands of 2021 by AdAge; the first cannabis brand to ever receive this accolade. To learn more about Cookies, visit cookies.co, and to learn more about Cookies CBD, visit shop.cookies.co.

About 22nd Century Group, Inc.
22nd Century Group, Inc. (Nasdaq: XXII) is a leading biotechnology company focused on utilizing advanced alkaloid plant technologies to improve health and wellness through tobacco harm reduction, reduced nicotine tobacco, hemp/cannabis and hops. With dozens of patents allowing it to control nicotine biosynthesis in the tobacco plant, the Company has developed proprietary reduced nicotine content (RNC) tobacco plants and cigarettes, which have become the cornerstone of the FDA’s Comprehensive Plan to address the widespread death and disease caused by smoking. The Company received the first and only FDA Modified Risk Tobacco Product (MRTP) authorization of a combustible cigarette in December 2021. In tobacco, hemp/cannabis and hop plants, 22nd Century uses modern plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new, proprietary plants with optimized alkaloid and flavonoid profiles as well as improved yields and valuable agronomic traits.

Learn more at xxiicentury.com, on Twitter, on LinkedIn, and on YouTube.

Learn more about VLN^® at tryvln.com.

Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Forward-looking statements typically contain terms such as “anticipate,” “believe,” “consider,” “continue,” “could,” “estimate,” “expect,” “explore,” “foresee,” “goal,” “guidance,” “intend,” “likely,” “may,” “plan,” “potential,” “predict,” “preliminary,” “probable,” “project,” “promising,” “seek,” “should,” “will,” “would,” and similar expressions. Actual results might differ materially from those explicit or implicit in forward-looking statements. Important factors that could cause actual results to differ materially are set forth in “Risk Factors” in the Company’s Annual Report on Form 10-K filed on March 9, 2023. All information provided in this release is as of the date hereof, and the Company assumes no obligation to and does not intend to update these forward-looking statements, except as required by law.

Investor Relations & Media Contact
Matt Kreps
22nd Century Group, Inc.
Investor Relations
mkreps@xxiicentury.com
214-597-8200

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Global Cannabis Brand Cookies Taps Veteran Operators NOXX To Bring Proprietary Genetics and World-Class Cannabis Products To Grand Rapids

GRAND RAPIDS, Mich., October 18, 2022–(BUSINESS WIRE)–NOXX, a Michigan-based cannabis retailer and product manufacturer, today announced a retail and distribution partnership with international cannabis lifestyle brand Cookies that includes a new 3,000-square-foot Cookies flagship retail location opening in November in Grand Rapids, which will be the only one in the region. The partnership marks the latest phase of NOXX’s community-focused growth plan, where NOXX’s flagship Grand Rapids dispensary on 28th Street has already served thousands in the West Michigan community.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221018005426/en/

Rendering of new Cookies dispensary opening in Grand Rapids, Michigan (Photo: Business Wire)

Located just off of I-131 and Ann Street at 330 Ann St. NW, Cookies Grand Rapids provides access to the entire West Michigan region the distinctive shopping experience Cookies retail locations are lauded for while being uniquely curated with design elements inspired by the local community, including a local reserve apparel line specific to Grand Rapids. Customers will also have access to the largest selection of Cookies premium-quality products in the state, with offerings from Cookies, Lemonnade, Runtz, Powerzzzup Genetics, Minntz and Grandiflora product lines.

The NOXX flagship on 28th Street and the NOXX store opening soon at 1234 Plainfield will also include “Cookies Corners”, a modern store-within-a-store retail experience featuring Cookies branded wall displays, accessories and a selection of Cookies award-winning cannabis products unavailable anywhere else in the region. Cookies, founded by rapper and entrepreneur Berner, opened its first Michigan storefront in 2020 and currently operates locations in Ann Arbor, Detroit and Kalamazoo.

“Cookies is one of the most well-respected cannabis brands in the world and NOXX is proud to bring the largest selection of Cookies’ proprietary genetics and world-class products to Grand Rapids,” said Tommy Nafso, CEO and founder of NOXX. “​​NOXX is brewing something special in Michigan and this partnership with Cookies drastically increases access to top-shelf cannabis in Grand Rapids’ thriving cannabis community.”

Powered by NOXX’s best-in-class e-commerce shopping experience, Cookies in Grand Rapids customers will be able to browse and order hundreds of products online, with the option for home delivery or in-store pickup at the shop’s dedicated to-go window. To celebrate the grand opening of Cookies newest Michigan retail location, the West Michigan community is invited to a ribbon cutting celebration in late November 2022 that will include a live DJ, local food, free giveaways and an exclusive after party hosted by NOXX.

“Michigan is one of my favorite cannabis markets in the country because of the community’s appreciation for high-quality herb and hash,” said Berner, Co-Founder and CEO of Cookies. “Our Michigan customers are loyal and they can expect an evolving menu that will spoil the lungs of smokers and connoisseurs.”

As a company committed to creating a more inclusive world through the power of cannabis, NOXX will hire a minimum of 25% of employees for its Cookies in Grand Rapids store from Grand Rapids Neighborhoods of Focus, 17 census tracts that the city has determined suffer as a result of systemic and historic inequities.

To learn more about NOXX and its future planned dispensary locations, visit noxx.com.

About NOXX

NOXX is a Michigan-based vertical cannabis company providing the best brands at the best prices, through innovation, quality, and inclusivity. From an omnichannel perspective across retail, wholesale, ecommerce and delivery, NOXX offers an unmatched experience meeting customers where they want to shop. The leadership team’s extensive history in executive management combined with deep cannabis market knowledge translates to elevated consumer experiences grounded in authenticity. Named for a friendly being from another galaxy on a mission to create a more inclusive world through the power of cannabis, NOXX and its house of brands provide exceptional cannabis flower, pre-rolls, concentrates and other cannabis products at dispensaries across the state. Learn more at noxx.com.

About Cookies

Cookies, founded in 2010 by Billboard-charting rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai, is the most globally recognized cannabis company in the world. Cookies values the power of the plant and focuses on creating game-changing genetics. The company offers a collection of over 70 proprietary cannabis cultivars and more than 2,000 products. Cookies also actively works to enrich communities disproportionately impacted by the War on Drugs through advocacy and social equity initiatives. Headquartered in San Francisco, the company opened its first retail store in 2018 in Los Angeles, and has since expanded to over 50 retail locations in 17 markets across 5 countries. Cookies was named one of America’s Hottest Brands of 2021 by AdAge; the first cannabis brand to ever receive this accolade. To learn more about Cookies, visit cookies.co, and to learn more about Cookies CBD, visit https://shop.cookies.co/

View source version on businesswire.com: https://www.businesswire.com/news/home/20221018005426/en/

Contacts

Sean Billisitz
Grasslands: A Journalism-Minded Agency
[email protected]
(574) 298-2712

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Large Format 14g Bags of Cookies Sun-Grown, Whole Flower Available This Month

DELTA, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Today, Pure Sunfarms Corp. (“Pure Sunfarms”), a wholly-owned subsidiary of Village Farms International, Inc. (Nasdaq: VFF) and NOYA Cannabis Inc. (“NOYA”) announce that Cookies sun-grown flower will be available in Ontario this month. Pure Sunfarms is the licensed producer of record for Cookies sun-grown flower in Canada.

Using Cookies genetics and post-production processes, Pure Sunfarms grows and processes high-quality, whole flower for Cookies to the highest standards. Each batch is hang-dried and hand-trimmed to ensure the full potential of the flower is maintained. Grown in Pure Sunfarms 1.65 million square foot greenhouse space in British Columbia, consumers can expect to receive high-quality large format Cookies sun-grown strains at a differentiated price.

“Pure Sunfarms is one of the largest and best cannabis operations in the world, with a team of expert operators and cultivators,” said Ziad Reda, CEO of NOYA. “That’s why we’ve chosen them as our sun-grown partner in Canada, because we know that they will grow and process our Cookies flower to the same high standards our consumers know and love – but grown under the sun in beautiful British Columbia.”

“It’s an honour to be the sun-grown partner for one of the biggest cannabis brands in the world,” said Mandesh Dosanjh, President & CEO, Pure Sunfarms. “Our team knows what it takes to bring out the best in our flower. The Cookies genetics we’ve grown in our greenhouse have really thrived. We know sun-grown flower is the best flower – and now we get to bring these strains into the light for Cookies consumers to enjoy. They’re going to see great genetics, great quality, at great prices.”

NOYA and Pure Sunfarms are both leaders in craft and large-scale cannabis cultivation and production in Canada. Bringing together the highest standards, processes, and techniques, together they are able to run a successful operation and partnership to bring Cookies sun-grown flower to Ontario.

Cookies sun-grown, whole flower will be available for purchase in 14g bags in Ontario in the weeks ahead, starting with Georgia Pie and Lemonnade by Cookies strain, Medellin, and followed by GP20 in the weeks to follow.

About Cookies

Cookies, founded in 2010 by entrepreneur Berner and Bay Area breeder and cultivator Jai, is the most globally recognized cannabis company in the world. Cookies values the power of the plant and focuses on creating game-changing genetics. The company offers a collection of over 70 proprietary cannabis cultivars and more than 2,000 products. Cookies also actively works to enrich communities disproportionately impacted by the War on Drugs through advocacy and social equity initiatives. Headquartered in San Francisco, the company opened its first retail store in 2018 in Los Angeles, and has since expanded to over 45 retail locations in 17 markets across 5 countries. Cookies was named one of America’s Hottest Brands of 2021 by AdAge; the first cannabis brand to ever receive this accolade.

About Pure Sunfarms

Pure Sunfarms is one of the largest cannabis operations in the world, producing high-quality, BC-grown cannabis in 1.65 million square feet of greenhouse space in Delta, British Columbia. The company brings together decades of agricultural and legacy cultivation experience with best-in-class, large scale operational expertise, and is one of Canada’s top-selling brands.

The company has capacity to produce, sell, and distribute 112,500 kilograms of dried flower annually for Canadian recreational and international markets. Pure Sunfarms is currently converting a second greenhouse for cannabis production, which when complete is expected to bring annual output capacity to 150,000 kilograms.

Current supply agreements include the Ontario Cannabis Retail Corporation (OCRC) (operating as the Ontario Cannabis Store (OCS)), the BC Liquor Distribution Branch (BCLDB), Alberta Gaming, Liquor & Cannabis (AGLC), the Saskatchewan Liquor and Gaming Authority (SLGA), and the Manitoba Liquor and Lotteries Corporation. Pure Sunfarms also provides cannabis to other Licensed Producers in Canada, including its affiliate ROSE LifeScience in Québec. The company also has EU GMP certification.

Pure Sunfarms is the wholly-owned Canadian subsidiary of Village Farms International, Inc. (Nasdaq: VFF).

www.puresunfarms.com

About NOYA

Founded in Hamilton, Ontario in 2014, NOYA Cannabis Inc. is a licensed producer under the Cannabis Act. The company received its cultivation license in 2017, and its sales license in 2018. The company has positioned itself as a premium white label producer and is working with highly recognized cannabis brands in the world. The company’s mission is to distribute and cultivate premium craft cannabis to match the needs of the market.

Media Contact
[email protected]

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

What’s a Christmas feast without a plateful of warm gingerbread cookies? While these treats are a staple December dessert, did you know you could “spike” these subtly spicy sweets? Just try mixing up a gingerbread martini!

Better yet, add a drizzle of Tribe CBD oil to the top of this holiday-themed cocktail. All it takes is a tiny bit of our high-quality hemp extract to make everyone a little extra jolly!

CBD Gingerbread Martini Recipe 

When people say “everything’s bigger in Texas,” they’re probably not thinking of festive gingerbread houses. However, according to the Guinness Book of World Records, one Texas company earns credit for building the largest gingerbread house. 

In 2013, the Texas A&M Traditions Club built a staggeringly sweet gingerbread house that measured 60’ x 42’ x 10’. In terms of area, this house was just under 40,000 ft2, and in terms of calories…well, maybe we’d better not share that stat. After all, calories don’t count during the holidays! 

The best thing about this gingerbread project is that it was made for a charitable cause. Not only did this house inspire everyone who visited it, but the team behind it donated their proceeds to a local hospital. Now that’s the true holiday spirit!

Ingredients

• 1 oz Bailey’s Irish cream 
• 1 oz vanilla-flavored vodka
• 1 oz Kahlua 
• 1 oz Torani gingerbread syrup
• 1 dropperful Tribe CBD oil
• Whipped cream
• Peppermint stick, optional

Directions

• Pour Irish cream, vodka, Kahlua, and gingerbread syrup into a cocktail shaker
• Add ice and shake for a few seconds
• Strain into a chilled martini glass
• Top with whipped cream, Tribe CBD oil, and a peppermint stick

The Swedes may not have invented gingerbread cookies, but they sure have a lot of superstitions surrounding this dessert. For instance, did you know you could make a wish with a gingerbread cookie? Indeed, according to Swedish legend, you could hold a gingerbread in your hands and silently ask for something you desire. 

However, there is a significant stipulation to using this wish-making method. After you tell your gingerbread your request, you have to break it apart with one hand. How the “cookie crumbles” determines whether you’ll get your wish. Specifically, it has to break into three pieces for your desire to manifest.

While we’re on the subject of Swedish superstitions, some records suggest the Swedish King Hans used gingerbread cookies to combat melancholy. However, considering how cheery most people feel after eating gingerbread cookies, that’s not such a shocking superstition! 

Get Rid Of That Gingerbread Belly With Tribe’s CBD Energy Shots

If you’ve eaten a few too many holiday cookies, you may need extra help motivating yourself to get into the gym. Thankfully, Tribe CBD has the ultimate cheat code to shedding those Santa-like pounds—down a Tribe CBD Energy Shot. Made with a blend of high-quality CBD and all-natural caffeine, these fruity shots will get you pumped for a workout in a few minutes.

Please follow this link to learn more about Tribe’s CBD Energy Shots.

 The news and editorial staff of the Bay Area News Group had no role in this post’s preparation.

CALGARY, Alberta, Dec. 21, 2021 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT,) (OTCQB: SBUDF) (“Sugarbud” or the “Company”) is pleased to announce the further expansion of the Company’s Craft Cannabis Collection with the launch of the Company’s first Cannabis 2.0 products under its own sales license along with the launch of its first 30%+ THC dried flower product – GMO Cookies.

Product Portfolio Expansion

Sugarbud GMO Cookies 3.5g Dried Flower | Sugarbud GMO Cookies is an indica-dominant hybrid strain created by crossing the popular GSC and classic Chemdawg. The buds are thin, long, open-structured and delicate, with a mix of olive green and purple, accentuated by orange hairs and a sugary coat of shimmering trichomes. Sugarbud’s GMO Cookies shows all the classic aromas of musty cellars, savory garlic, sweet spice, and earthy coffee. Total THC will range between 26-32% with a terpene profile of between 2-4%. “GMO Cookies is yet another fine example of our commitment to consumer satisfaction and the house-style and craftsmanship that has come to define Sugarbud Craft Cannabis – dense, sugary buds, exceptional terpene forward aromas and smooth flavors,” stated Sugarbud President and CEO, John Kondrosky.

Sugarbud Krypto Chronic #2 Flower Rosin | Sugarbud’s first flower rosin is an exceptional concentrate made through the solventless extraction of Sugarbud’s exclusive indica dominant hybrid genetic – Krypto Chronic #2.

Solventless extraction methods place a premium on maintaining the naturally occurring terpenes, flavors, aromas and cannabinoids throughout the entire process, ensuring that the full essence of the original dried flower is maintained. Sugarbud’s Krypto Chronic #2 flower rosin is another exceptional example of Sugarbud’s “House Style”, and embodies the same quality, consistency, flavor profiles and aromas consumers have come to expect from the Sugarbud Craft Cannabis Collection. Total THC will range between 60-70% with a total terpene profile of between 5-8%.

Sugarbud WC #11 | Made using CO2 extraction of Sugarbud’s exclusive indica dominant hybrid cultivar – Wedding Cake #11 – each 0.5g WC #11 vape cartridge is additive free and contains only 100% cannabis extract. The high terpene content comes from the careful subcritical CO2 extraction of its dried craft cannabis and the cannabinoids are then extracted using a supercritical CO2 extraction method. The result is high-quality terpene forward extract that offers consumers a flavor and aroma profile consistent with dried flower it is derived from – such as the distinct hints of smoky spice, citrus and pine.

“Building on the momentum that we have established with our recently launched Bahama Blizzard #11 dried flower and our expanded Mule Fuel and Krypto Chronic #2 Pre-Roll formats – we are very pleased to now be rolling out our first Cannabis 2.0 products under our own sales license. Entry into the Cannabis 2.0 segment is a major catalyst for growth moving forward and we expect to build upon the scope and reach of these initial launches in subsequent quarters,” concluded Mr. Kondrosky.

The Company expects 3.5g GMO Cookies Premium Craft Flower, Krypto Chronic #2 1.0g Flower Rosin and WC #11 0.5g Vape cartridges to be available for purchase from private cannabis retailers throughout Alberta and online at AlbertaCannabis.org and nationally to registered medical patients through CannMart.com in late December, 2021.

About Sugarbud

“Hand-Crafted Cannabis for a New Era”

Sugarbud is a consumer-driven craft cannabis company focused on the cultivation and production of superior, select-batch, craft cannabis products. Our vision and mission are to become a trusted and well-respected consumer brand renowned for providing exceptional high-quality craft cannabis products to legal markets by delighting the most discerning of cannabis consumers.

The Sugarbud Craft Cannabis Collection offers consumers “Hand-Crafted Cannabis for a New Era”. The Company is proudly Albertan and is proud to share Western Canada’s long tradition of exceptional craft cannabis with the most discerning of enthusiasts. Sugarbud strives to define the intersection of product craftsmanship, quality, and value for consumers in the Canadian craft cannabis space.

Sugarbud Craft Cannabis products are currently available to adult recreational consumers in the Yukon Territory, British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and nationally to registered medical patients through CannMart.com.

We Take Pride.

We Take Our Time.

Experience The Difference.

Forward Looking and Cautionary Statements

This news release contains forward-looking statements. More particularly, and without limitation, this news release contains statements concerning: Sugarbud’s assessment of future plans, operations and cannabis cultivation and processing, including sales, marketing and distribution opportunities; product quality; the development, production, sale and distribution of Sugarbud’s Craft Cannabis Collection, including new product lines and the properties, characteristics and launch timing thereof; the expected timing of retail availability of new products; future growth; and customer satisfaction; the Company’s annual general and special meeting and the timing thereof. When used in this document, the words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud. Forward-looking statements are subject to a wide range of risks and uncertainties, and although Sugarbud believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: currently contemplated expansion and development plans may cease or otherwise change; production of cannabis may be lower than expected; ability to ship cannabis products may be lower than expected; demand for Sugarbud’s products may be lower than anticipated; results of production and sale activities; results of scientific research; changes in prices and costs of inputs; demand for labour; demand for products; failure of counter-parties to perform contractual obligations; failure to maintain consumer brand recognition and loyalty of customers; reliance on relationships with wholesalers and retailers for distribution of products and failure to maintain strategic business relationships; intense competition, including from illicit sources; uncertainty and continued evolution of markets; product liability litigation; reliance on information technology; infringement on intellectual property; failure to benefit from partnerships; sensitivity of end-customers to increased sales taxes and economic conditions; failure to comply with certain regulations; departure of key management personnel or inability to attract and retain talent; actions and initiatives of federal and provincial governments and changes to government actions, initiatives and policies and the execution and impact thereof; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; the size of the medical marijuana market and the recreational marijuana market; government regulations, including future legislative and regulatory developments involving medical and recreational marijuana; construction delays; risks inherent in the agricultural business, such as insects, plant diseases and similar agricultural risks which can have a significant impact on the size and quality of the harvest of cannabis crops; competition from other industry participants; and other factors more fully described from time to time in the reports and filings made by Sugarbud with securities regulatory authorities. In addition, the Company cautions that current global uncertainty with respect to the spread of the COVID-19 virus, and variant strains of the virus, and its effect on the broader global economy may continue to have a significant negative effect on the Company. While the precise impact of the COVID-19 virus on the Company remain unknown, rapid spread of the COVID-19 virus may continue to have a material adverse effect on global economic activity, and can result in volatility and disruption to global supply chains, operations, mobility of people and the financial markets, which could affect interest rates, credit ratings, credit risk, inflation, business, financial conditions, results of operations and other factors relevant to the Company. Please refer to Sugarbud’s most recent annual information form and management’s discussion and analysis for additional risk factors relating to Sugarbud, which can be accessed under Sugarbud’s profile on www.sedar.com. Except as required by applicable laws, Sugarbud does not undertake any obligation to publicly update or revise any forward-looking statements.

Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.