(TheNewswire)
Ottawa, ON - TheNewswire- February9, 2022 - Molecule HoldingsInc. (CSE:MLCL) (OTC:EVRRF) (“ Molecule ” or the “ Company ”), a Canadian craft-focused cannabisbeverage production company, is pleased to share that PHRESH continues to grow in popularity forOntario consumers, as January sales achieved #2 in unit sales toOntario Cannabis Store (OCS) retail stores and attained the #1 spot in10mg sales for online sales through the OCS portal.
In addition, Molecule has completeda corporate rebranding, together with its four cornerstone brands:PHRESH, Kl?n, Canajo, and Embody.
The Company’s social channels for these beverages can now be foundon Instagram @phreshbuddies, @canajobuddies, @klonbuddies, and@embodybuddies. The Companycarefully chose ‘buddies’ as a way to bring together beverages asmore than a stand-alone category, but also as a great add-on forlegacy cannabis consumers.
Commented David Reingold, “It is very exciting tohave PHRESH be a proven leader in the Ontario beverage category. Theoverall year over year unit beverage sales have grown substantially.We feel this is a combination of legacy consumers adding beverages totheir baskets and new consumers experiencing the category in afamiliar way.”
For further information, please contact:
André Audet, Chairman and Co-Founder Phone: 1 (888) 665-2853 x101
Email: andre@molecule.ca www.molecule.ca
About MoleculeHoldings Inc.
Molecule is a licensed producerdedicated to creating cannabis-infused beverages for the Canadianmarket. We produce leading, top-quality drinks to provide opportunityand choice to people seeking a convenient and social way to consumecannabis. Molecule is focused on growing both our portfolio, and theoverall cannabis beverage market. We want to ensure people have thebest opportunity to find exactly the product and experience theythirst for.
Neither the Canadian Securities Exchange nor itsregulation services provider accepts responsibility for the adequacyor accuracy of this press release.
Forward-Looking Statements
This press release containsstatements that constitute “forward-looking information”(“forward-looking information”) within the meaning of theapplicable Canadian securities legislation. All statements, other thanstatements of historical fact, are forward-looking information and arebased on expectations, estimates and projections as at the date of this newsrelease. Any statement that discusses predictions, expectations,beliefs, plans, projections, objectives, assumptions, future eventsor performance (often but not always using phrases such as“expects”, or “does not expect”, “is expected”,“anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”,“believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may”or “could”, “would”, “might” or “will” be taken tooccur or be achieved) are not statements of historical fact and may beforward-looking information. Forward-looking statements in this newsrelease include statements relating to the Company’s ability toproduce cannabis-infused beverages for the Canadian beverage market toprovide opportunities for people to consume cannabis. In disclosingthe forward-looking information contained in this press release, theCompany has made certain assumptions.
The Company's actual results coulddiffer materially from those anticipated in this forward-lookinginformation as a result of regulatory decisions, competitive factorsin the industries in which the Company operates, prevailing economicconditions, and other factors, many of which are beyond the control ofthe Company. The Company believes that the expectations reflected inthe forward-looking information are reasonable, but no assurance canbe given that these expectations will prove to be correct and suchforward-looking information should not be unduly relied upon. Anyforward-looking information contained in this news release representsthe Company's expectations as of the date hereof and is subject tochange after such date. The Company disclaims any intention orobligation to update or revise any forward-looking information whetheras a result of new information, future events or otherwise, except asrequired by applicable securities legislation.
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