High Park Company Announces Memorandum of Understanding with the British Columbia Liquor Distribution Branch to Supply BC with Adult-Use Cannabis

High
Park Company™ (“High Park”) announced today that the company has
signed a Memorandum of Understanding (MOU) with the BC Liquor
Distribution Branch (LDB) to supply British Columbia cannabis retailers
with a diverse array of cannabis products in anticipation of
legalization later this year.

“As a company with its roots in BC, we are pleased to work with the LDB
towards a supply of cannabis for the BC market,” said Adine
Fabiani-Carter, Chief Marketing Officer at High Park. “Our goal is to
deliver on the high expectations that British Columbians have of us by
cultivating and distributing a portfolio of high-quality adult-use
products.”

“We are thrilled to be reaching this significant milestone in developing
a competitive wholesale assortment for non-medical cannabis,” said Blain
Lawson, LDB’s general manager and CEO. “The volume, variety and quality
of our product assortment speak to the LDB’s commitment to working
towards eliminating the illicit market.”

Under the terms of the MOU, High Park and LDB will negotiate a
definitive agreement to supply the BC market with a variety of new and
established cannabis brands and products once adult-use cannabis
legalization takes effect, as expected, later this year.

About High Park Company™

High
Park Company, an affiliate company of Tilray Canada Ltd., was
established to develop, sell, and distribute a broad-based portfolio of
world-class cannabis brands and products.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005725/en/

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