CANADABIS CAPITAL Announces Industry-Leading Achievement: PRODUCT OF THE YEAR!
Press Release
October 25, 2023
CALGARY, AB, October 24, 2023 – CanadaBis Capital Inc. (the “Company” or “CanadaBis“) (TSXV: CANB), a premium vertically integrated Canadian cannabis company, is proud to announce a landmark achievement with subsidiary Stigma Grow being the recipient of Grow Up Industry’s coveted 2023 Product of the Year award for Dab Bods’ Phoenix Tears (“Phoenix Tears”). We extend heartfelt congratulations to our dedicated employees at Stigma Grow, whose continued hard work and ongoing commitment to excellence have culminated in this award. We are also pleased to share an update on the Company’s anticipated corporate reporting schedule through calendar year 2023.
PRODUCT OF THE YEAR AWARD
Being recognized as a Product of the Year is more than just a reflection of the Company’s ability to produce quality products; it represents a celebration of the hard work and dedication of our incredible workforce. With more than 13,000 votes cast by customers, this record-breaking turnout honoured Canada’s best cannabis growers, retailers and suppliers, serving as a testament of the vibrant and rapidly expanding Canadian cannabis market.
“We are immensely proud of this remarkable achievement, which demonstrates our unwavering commitment to quality, innovation, and the relentless efforts of our passionate team at Stigma Grow. Their dedication has been instrumental in positioning CanadaBis Capital as a leading player in the cannabis industry,” commented Travis McIntyre, Founder and CEO of CanadaBis Capital. “Receiving this Product of the Year award emphasizes our ability to set industry standards and deliver exceptional, high-demand products to our valued customers.”
CORPORATE UPDATE
Following a successful past twelve months, the Company is also pleased to confirm that our financial and operating results for the fiscal year ended July 31, 2023 are expected to be issued and filed in late November, 2023. We look forward to showcasing the progress and milestones CanadaBis has achieved through the full 2023 fiscal year, of which continued to build on the meaningful increases in gross revenue, net income and earnings per share reported during the past years.
As trusted leaders in the cannabis industry, CanadaBis Capital and Stigma Grow continue to prioritize maintaining our strong market position by providing an exceptional customer service experience balanced by a focus on profitability and steady growth. Our strategic approach to capital allocation, investment in new products and unparalleled industry knowledge represent key contributors that support our goal of generating sustainable profitability while providing new and innovative products.
ABOUT CANADABIS CAPITAL INC.
CanadaBis Capital Inc. (TSXV:CANB) is a vertically integrated Canadian cannabis company focused on achieving large-scale growth, from cultivation to retail, in the fast-emerging global cannabis market. By targeting organic growth opportunities alongside the right-fit partners, we remain focused on finding and capitalizing on chances to grow, diversify and continue to lead our industry.
Our integrated subsidiaries:
- Stigma Pharmaceuticals Inc. – 100% held
- 1998643 Alberta Ltd. (operating as “Stigma Grow”) – 100% held; www.stigmagrow.ca
- Full Spectrum Labs Ltd. (operating as “Stigma Roots”) – 100% held
- 2103157 Alberta Ltd. (operating as “INDICAtive Collection”) -100% held; www.indicativecollection.ca
- Goldstream Cannabis Inc. – 95% held
ABOUT STIGMA GROW
Stigma Grow is a cutting-edge cannabis cultivation and extraction company positioned advantageously to meet the unmet market demands and stigmas within the legal cannabis industry head on, with products designed to disturb the status quo and dramatically shift the conversation surrounding Canada’s legal cannabis industry.
For more information, please visit or contact:
Info@CanadaBis.com
1-888-STIGMA1
www.canadabis.com
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