- Formal launch of joint venture company, CLV Frontier Brands Pty Ltd (CLV), which plans to develop and globally commercialize a premium portfolio of alcoholic and non-alcoholic beverages with cannabis and hemp ingredients.
- CLV on target to ship first test batch of the initial beer range in April / May 2018, with commercial sales expected to commence in June / July 2018.
- Worldwide commercialization will span various continents tapping in on the networks of all three companies. Large network of distribution partners already identified.
MONTREAL, Jan. 11, 2018 /CNW Telbec/ -Â LGC Capital Ltd. (TSXV: LG) (“LGC“) is pleased to announce that it has formally launched its new joint venture company with Creso Pharma Limited (ASX: CPH) and Baltic Beer Company Ltd to capitalize on the fast-growing cannabis and hemp-derived beverage markets.