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GILLA LAUNCHES CANNABIS BRAND; SPECTRUM CONCENTRATES
Toronto, Canada – (October 25, 2017)
- Gilla Inc.
(“Gilla” or the “Company”) (OTCQB: GLLA),
the fast-growing designer, marketer and manufacturer of E-liquid
for vaporizers and developer of cannabis concentrate products,
today announced that the Company’s Toronto-based subsidiary,
Gilla Enterprises Inc., has launched its first cannabis
concentrates brand in the United States under the name Spectrum
Concentrates. The brand is now available in Nevada through the
Company’s licensee partner Alternative Medicine Association,
LC (“AMA”), a Nevada-licensed medical marijuana
establishment which was recently acquired by Friday Night Inc.
(CSE: TGIF).
The
Spectrum Concentrates brand has been meticulously developed
utilizing Gilla’s proprietary extraction process to deliver
maximum purity and an authentic natural terpene flavor. The
brand’s concentrate products include a high-potency
crystalline, a high-terpene vape oil and a hybrid combination of
high-potency crystalline and terpene vape oil.
[Gilla’s new brand of cannabis concentrates products,
Spectrum Concentrates.]
|
AMBROSIA
High-potency crystalline
|
NECTAR
High-terpene vape oil
|
PHOENIX
High-potency crystalline & high-terpene vape oil
|
|
● Pure THCa and
terpenes
● Terpenes present
for maximum flavor
● 98% THCa by
weight
|
● Authentic terpene
flavor
● No added or
altered terpenes
● 40-60% THCa by
weight
|
● Consists of a
crystalline THCa and liquid high-terpene layer
● Potency of
Ambrosia with flavor of Nectar
|
“After
many months of development and working closely with our Nevada
licensee, AMA, I am pleased to announce the launch of our Spectrum
Concentrates brand,” stated Mr. Graham Simmonds, Chair and
CEO of Gilla. He added, “This brand combines the unique
extraction and production IP, developed by Gilla’s own Ryan
Bennett, with the packaging design and branding capabilities of
Gilla’s core team in Toronto, Canada. The brand targets the
sophisticated cannabis user and is considered to be a high-end
product in the market. We continue to make progress on additional
licensing opportunities in other jurisdictions to broaden our reach
and increase our licensing revenues.”
For
more information on Spectrum Concentrates, please
visit spectrumconcentrates.com.
For wholesale inquires within the State of Nevada, please contact
Brett Nelson, Sales & Marketing Manager, at
brett@amanev.com.
About Gilla Inc.
Gilla
Inc. manufactures, markets and distributes E-liquid for use in
vaporizers and develops turn-key vapor and cannabis concentrate
solutions for high-terpene vape oils, pure crystalline,
high-performance vape pens and other targeted products. Gilla aims
to be a global leader in delivering the most efficient and
effective vaping solutions for nicotine and cannabis related
products. The Company’s multi-jurisdictional, broad portfolio
approach services both the nicotine and cannabis markets with
high-quality products that deliver a consistent and reliable user
experience. Gilla’s proprietary product portfolio includes:
Coil Glaze™, Craft Vapes™, Siren, The Drip Factory,
Shake It, Surf Sauce, Ohana, Moshi, Crisp, Just Fruit, Vinto Vape,
Vapor’s Dozen, Enriched Vapor and Crown
E-liquid™.
Forward-looking Statements
Note:
This press release contains “forward looking
statements” as defined in the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
currently available competitive, financial and economic data and
management’s views and assumptions regarding future events.
Such forward-looking statements are inherently uncertain. Gilla
Inc. cannot provide assurances that the matters described in this
press release will be successfully completed or that the company
will realize the anticipated benefits of any transaction. Actual
results may differ materially from those projected as a result of
certain risks and uncertainties, including but not limited to:
global economic and market conditions; the war on terrorism and the
potential for war or other hostilities in other parts of the world;
the availability of financing and lines of credit; successful
integration of acquired or merged businesses; changes in interest
rates; management’s ability to forecast revenues and control
expenses, especially on a quarterly basis; unexpected decline in
revenues without a corresponding and timely slowdown in expense
growth; the company’s ability to retain key management and
employees; intense competition and the company’s ability to
meet demand at competitive prices and to continue to introduce new
products and new versions of existing products that keep pace with
technological developments, satisfy increasingly sophisticated
customer requirements and achieve market acceptance; relationships
with significant suppliers and customers; as well as other risks
and uncertainties, including but not limited to those detailed from
time to time in Gilla Inc. SEC filings. Gilla Inc. undertakes no
obligation to update information contained in this release. For
further information regarding risks and uncertainties associated
with Gilla Inc.’s business, please refer to the risks and
uncertainties detailed from time to time in Gilla Inc.’s SEC
filings.
For
more information, please visit gilla.com, or
contact:
Mr. Graham Simmonds
Chair and CEO
T: 1
(416) 843-2881
E:
graham.simmonds@gilla.com