LGC Launches JV Company with Creso Pharma and Baltic Beer Company to Capitalize on Growing Cannabis-Derived …

Highlights:

  • 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/ - 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.

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