Christina Lake Cannabis to Become Exclusive Developer and Distributor of TAAT and Beyond Tobacco in Canada - Seite 2

Offered in Original, Smooth, and Menthol varieties, TAAT is engineered to mimic the experiential attributes of smoking a tobacco cigarette. Elements of TAAT which contribute to this similarity include a cigarette-style combustible “stick” format, an enhanced volume of smoke, and a tobacco-like taste and smell.

More information about TAAT can be found on its website: http://taatglobal.com

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CLC’s inaugural harvest in 2020 yielded 32,500 kg / 71,650 lb of sun-grown cannabis, which is primarily being extracted to produce winterized cannabis oils and distillates for the Canadian market. Although CLC does not presently cultivate hemp, which would be used to produce Beyond Tobacco for the manufacture of TAAT, CLC has sourced multiple local growers who can supply high quality, toxin-free hemp biomass which is suited to the ideal composition of Beyond Tobacco, the base material of TAAT products. As TAAT continues its rollout in the United States, CLC believes that it could capitalize upon this momentum to strategically place TAAT in authorized online retail and sales channels across Canada to capture the interest of legal-aged smokers who might desire a nicotine-free and tobacco-free alternative to tobacco cigarettes.

Nicco Dehaan, Chief Operating Officer, Master Grower, and a director of the Company commented, “Working with TAAT is a wonderful opportunity for us to branch out into the commercialization side of the cannabis and hemp industry, as a partner of a third-party firm. The Canadian environment for cannabis and hemp can be tricky to navigate, which creates barriers for players from outside of Canada when it comes to entering the market here. We believe TAAT has created a novel product formulation which has clearly resonated well with smokers aged 21+ in the United States. Between our ability to develop and produce TAAT and its Beyond Tobacco base material for the Canadian market, as well as to distribute TAAT through authorized sales channels, I believe that we can unlock a lot of value for both CLC and TAAT as they work towards expanding into a new country for the first time.”