Molecule Receives Opening Pipeline Orders from Ontario Cannabis Store and Commits to Shipping Date of March 25th
March 11 2021 – TheNewswire - Ottawa, Ontario – Molecule Holdings Inc. (CSE:MLCL) (CNSX:MLCL.CN) (“Molecule” or the “Company”), a Canadian craft-focused cannabis beverage production company, is pleased to announce that it has received its first pipeline fill orders for 5 of its brands from the Ontario Cannabis Store (“OCS”), and has committed to shipping to the OCS Distribution Centre by March 25th. The OCS anticipates further follow-up PO’s, “one and two weeks after launch”.
“This is a very exciting day for the Molecule team as this marks an important new chapter for Molecule’s commercialization. Having this type of representation in the largest cannabis market in the country is a testament to Molecule’s business model and will put us head-to-head with the biggest and the best in the Canadian cannabis industry. The Ontario market is experiencing such explosive growth with new points of distribution opening throughout the province every day. The fact that we get to share in that growth just in time for the busy summer beverage season is a perfect way to introduce Molecule to the country,” said Molecule President and CEO Philip Waddington.
Molecule is a licensed cannabis beverage manufacturing company, with a Health Canada licensed facility in the 1000 Islands Region of Ontario. Molecule produces its own beverages, as well as beverages for brand partners.