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CLC Receives CAD $129,000 Purchase Order for Distillate Oil From a Licensed Producer With Distribution in Multiple Canadian Provinces

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to announce that it has received its first purchase order for a commercial quantity of distillate oil valued at CAD $129,000 from a Canadian licensed producer whose products are distributed in several provinces (the “Purchaser”). Under the terms of the purchase order, the identity of the Purchaser cannot be publicized for competitive reasons. The distillate oils are to be used for the production of vape formulation, a category in which the Purchaser is an established player. As the Company has now consistently maintained potency levels in the 90% range for the distillate oils it produces, CLC’s management is confident that it could continue supplying to the Purchaser on an ongoing basis, with the opportunity to provide greater quantities as needed.

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Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years Financialnewsmedia.com News Commentary Share this article Share this article PALM BEACH, Fla., May 4, 2021 /PRNewswire/ Cannabis extracts have gained wide recognition in recent years and are expected to provide impetus to cannabis market growth. Based on product type, cannabis extracts are classified into oils and tinctures. The oils segment is expected to dominate the market in 2019 with a revenue of USD 4.8 billion and is anticipated to witness the fastest CAGR of 17.5%, over the forecast period. Cannabis is usually derived from Indian hemp plants, such as Cannabis sativa and Cannabis indica. The main active chemical in cannabis is THC. The extracts derived from cannabis concentrates are known as Cannabis Extract. Cannabis concentrates come in many forms, including oils, phoenix tears, shatter, wax, hash and even in vaporizers. They contain very high concentration of cannabinoids and terpene

United statesCommonwealth of massachusettsChristina lakeBritish columbiaSouth portlandCharles bachtellChristina lake cannabis corpHarvest health recreation incCresco labBl real estateFn media groupExchange commissionTruelieve cannabis corpView researchPurchase order for distillate oilCuraleaf holdings inc

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years
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United statesCommonwealth of massachusettsChristina lakeBritish columbiaSouth portlandGrand viewCharles bachtellChristina lake cannabis corpHarvest health recreation incCresco labBl real estateFn media groupExchange commissionTruelieve cannabis corpView researchPurchase order for distillate oil

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

United statesCommonwealth of massachusettsChristina lakeBritish columbiaSouth portlandGrand viewCharles bachtellKostenloser wertpapierhandelChristina lake cannabis corpHarvest health recreation incCresco labBl real estateFn media groupExchange commissionTruelieve cannabis corpView research

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years

Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years
prnewswire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.co.uk Daily Mail and Mail on Sunday newspapers.