BlissCo Earns Occupancy Permit from Township of Langley

/NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICES./

VANCOUVER, April 12, 2018 /CNW/ - BlissCo Cannabis Corp. (CSE: BLIS) ("Company") is pleased to announce that the Company's wholly-owned subsidiary, Bliss Co Holdings Ltd. ("BlissCo") earned its Occupancy Permit from the Township of Langley on April 6, 2018.

"Earning our Occupancy Permit from the Township of Langley is a significant municipal milestone following up on BlissCo's ACMPR License to Cultivate that Health Canada granted us on March 29, 2018.

BlissCo's office concept was inspired by nature, designed to convey a brand suited for the progressive cannabis consumer; an open, light-filled and welcoming space whose millwork and wall features would be carefully chosen to incorporate natural materials throughout. (CNW Group/BlissCo Cannabis Corp.)

Since earning our Building Permit from the Township of Langley in September 2017 we have been working diligently to execute our ACMPR construction project with our construction partner NRG Consulting Ltd.," said the Company's Chief Executive Officer and Chair, Damian Kettlewell. 

"It was a pleasure to work with BlissCo management, the Township of Langley and our sub-trade partners to complete our construction project two weeks ahead of schedule and be granted our Occupancy Permit shortly afterwards. It's great to see BlissCo earn its federal license and municipal permit ahead of schedule so they can start growing in an expedient manner and begin to use their uniquely branded distribution, sales and operations office to drive revenue growth," said NRG Consulting Ltd.'s project manager and CEO Craig Garden.

"BlissCo's office concept was inspired by nature, designed to convey a brand suited for the progressive cannabis consumer; an open, light-filled and welcoming space whose millwork and wall features would be carefully chosen to incorporate natural materials throughout," said Interior Designer, Toula Theodosakis who designed BlissCo's branded sales office. "One of the highlights of the offices is the custom preserved plant wall installation created by Vancouver's ByNature to bring BlissCo's brand to life in the space."

"As our offices and facility are now complete, we are very optimistic that BlissCo's team can work within this inspired space to execute on its business plan to earn additional ACMPR cannabis oil and cannabis sales licenses, generate revenue expediently and build an iconic Canadian cannabis brand," said CEO, Damian Kettlewell.

About BlissCo

BlissCo earned its Access to Cannabis for Medical Purposes Regulation ACMPR License to Cultivate on Thursday, March 29, 2018.  BlissCo's ACMPR facility in Langley, B.C. is designed to be a high-volume packager, processor and distributor of medical cannabis and adult use cannabis when it is legal in Canada, which is currently anticipated to be by August 2018 at the earliest. BlissCo has a two - year supply agreement with The Supreme Cannabis Company Inc. (TSX.V: FIRE) to purchase 3,000 kilos of premium dried cannabis curated over the last two years from imported cannabis seeds. 

BlissCo will apply to expand its license to cannabis oil production in Q2 2018 and will apply for its cannabis sales license at the earliest appropriate time. BlissCo will focus on high volume sales opportunities in the regulated medical use and adult use cannabis market in Canada when it is legal and is pursuing expansion opportunities in international markets.

On Behalf of the Board of Director

BLISSCO CANNABIS CORP.

Damian Kettlewell, CEO & Chair

Cautionary Statement

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the word "will" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. This news release contains forward-looking statements and assumptions pertaining to the following: the ability to execute on our strategic plans and the impact on our future operations, capital expenditures, receipt of a cannabis oil license and a license to sell dried cannabis and other objectives. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

The CSE has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

SOURCE BlissCo Cannabis Corp.

Damian Kettlewell, CEO, [phone], ext. 3, [email protected]