Beleave (CSE: BE) (OTCQX: BLEVF) recently announced that it has been selected to operate one of Saskatchewan’s upcoming cannabis retail stores through a two-phase Request for Proposal (“RFP”) process that began in March. Beleave successfully passed the first phase, which was comprised of a screening for qualifications regarding financial and sales/inventory tracking systems. The second phase of the process was a lottery draw to choose from the successful operators. Retail cannabis stores in Saskatchewan are required to be standalone operations, selling only cannabis, cannabis accessories and ancillary items as defined by Saskatchewan Liquor and Gaming Authority (“SLGA”). The company has 45 days to commence the permitting process and must be operating within 12 months of legalization as a condition of the permit, which will take effect upon legalization. “This announcement confirms our commitment to expand the reach of Beleave’s product and service offerings throughout our Canadian network, whether it be through retail stores or online sales and shipping,” Beleave CEO Andrew Wnek stated in the news release. “We’re excited about being a part of the Saskatchewan community, and we thank the SLGA for including us in the province’s upcoming cannabis retail system.”
To view the full press release, visit http://nnw.fm/bS7e8
Beleave Inc. is a biotech company and Beleave’s wholly-owned subsidiary Beleave Kannabis Corp. (formerly First Access Medical Inc.) is a licensed producer pursuant to the ACMPR. Beleave’s purpose-built facility is located in Hamilton, Ontario. For more information, visit the company’s website at www.beleave.com.
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