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Hollister Biosciences Inc. - Common Shares

Canadian Securities Exchange (CNSX) | Apr 8, 2020, 8:12 PM EDT

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Hollister Biosciences Inc. Division Hollister Cannabis Co's HashBone Brand to Launch MiniBone Pre-Roll Packs

Canada NewsWire

Hollister Biosciences Inc., the creator of California's #1 hash-infused pre-roll HashBone, announces the launch of HashBone MiniBone pre-roll packs. 

VANCOUVER, Feb. 20, 2020 /CNW/ - Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB) (the "Company" or "Hollister") - through its Hollister Cannabis Co division, is proud to announce the launch of its 5-pack of .5g hash-infused pre-rolls, HashBone MiniBones.

Hollister Biosciences Inc. Division Hollister Cannabis Co’s HashBone Brand to Launch MiniBone Pre-Roll Packs (CNW Group/Hollister Biosciences Inc.)

HashBones are the #1 hash-infused pre-roll in California. Each 1G HashBone is hand-packed with an artisan blend of 25% cold water bubble hash and 75% top-shelf flower. Each HashBone features a pair of sativa, hybrid or indica strains, boasting enhanced flavor and potency. Flower is sourced from California's Central Coast, while the cold-water bubble hash is made by Hollister.

The 5-pack of .5g hash-infused pre-rolls, HashBone MiniBones, will be distributed exclusively by Hollister Cannabis Co.'s distribution partner, Indus Holdings, Inc. (CSE: INDS) and is anticipated to launch by April 01, 2020 HashBone MiniBones are expected to retail at an average price of $30 (plus tax). Based on HashBone's current customer base, we forecast demand for 65,000 units in 2020.

The CEO of Hollister Biosciences Inc., Carl Saling shared, "Our customers have been requesting a multi pack HashBone that would be great on the go. We are thrilled to launch the 5-pack mini bone hash infused pre rolls. "

About Hollister Biosciences Inc. 

Hollister Biosciences Inc. is a California based vertically integrated cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality California-grown cannabis and hemp products. Hollister uses a vertically integrated, high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Cannabis Co. include HashBone, the brand's premier artisanal hash-infused pre-roll, along with solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products. Our wholly owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the "American Biker." 

Website: www.hollistercannabisco.com 

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain statements that may be deemed "forward-looking statements". The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/hollister-biosciences-inc-division-hollister-cannabis-cos-hashbone-brand-to-launch-minibone-pre-roll-packs-301007712.html

SOURCE Hollister Biosciences Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2020/20/c2711.html

HOLLISTER BIOSCIENCES INC.: Company Contact: klee@k2capital.ca, Tel: 604-961-0296Copyright CNW Group 2020

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