Vancouver, British Columbia--(Newsfile Corp. - February 26, 2019) - Osoyoos Cannabis (CSE: OSO) is one of the latest new listing
on the Canadian Securities Exchange, following a reverse takeover of LKP Solutions. The company will be in the business of
processing raw cannabis to produce concentrated extracts which are used recreationally or infused into a variety of recreational or
medicinal products.
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The company will process and obtain extracts from raw cannabis received from independent licensed producers. These extracts will
be packaged and sold as the company's own branded products or will be sold to others. The company may also 'toll' process raw
cannabis supplied by others for a negotiated fee.
It has secured a lease, with the option to purchase, a 10,410 square foot facility on the Osoyoos Indian Band's lands in Oliver,
British Columbia. The facility, a former storage warehouse, is in excellent condition and has the ideal dimensions to allow for a
phased retrofit. The initial architectural designs have been completed for the Phase One retrofit of approximately 3,500 square
feet, and the company is currently advancing the build out.
Osoyoos Cannabis has purchased and taken possession of four Vitalis Supercritical CO2 Extraction Systems, which will operate
within the footprint of the Phase One retrofit. These Systems will allow for the processing of up to 50,000 kilograms of dried
flower annually, which is expected to produce approximately 4,900 kilograms of winterized output per year.
For more information, please visit the company's website www.OsoyoosCannabis.com, contact Gerry Goldberg, Executive Chairman and
Interim CEO, at 416-460-3000, or email ggoldberg@OsoyoosCannabis.com.
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