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EX-99.2 - PRESS RELEASE DATED JUNE 22, 2018 FROM GILLA INC. - GILLA INC. | glla_ex992.htm |
8-K - CURRENT REPORT - GILLA INC. | glla_8k.htm |
Exhibit 99.1
GILLA PARTNERS WITH MAQ DISTRIBUTORS IN CANADA
TORONTO, CANADA – (June 27, 2018) - Gilla Inc.
(“Gilla” or the “Company”) (OTCQB: GLLA), a
designer, marketer and manufacturer of E-liquid for vaporizers and
developer of cannabis concentrate products, today announced that
the Company has partnered with MAQ Distributors Ltd.
(“MAQ”) to distribute the Company’s products
across Manitoba and Saskatchewan in Canada. Through the new
partnership, Gilla and MAQ will utilize MAQ’s established
distribution network of retail clients to introduce Gilla’s
disruptive “house-juice” brand, Crown E-liquid, in
Manitoba and Saskatchewan.
Mr.
Sturrey of MAQ stated, “Working with Gilla has allowed us to
quickly and easily expand our product offering in a quick-changing
market. Supported by their dedicated, world-class team every step
of the way, we now successfully provide our clients with the
highest quality vapor products in the industry. Gilla shares our
commitment to innovation, customer satisfaction, and quality, and
our company is stronger as a result of this
partnership.”
“We
are pleased to provide our clients with turn-key vapor solutions to
meet their growing needs,” stated Mr. Graham Simmonds, Chair
and CEO of Gilla. He added, “MAQ was looking for a customized
solution to quickly service their existing distribution network and
we are delighted that they have decided to start with the Crown
E-liquid brand. We will look to introduce additional brands through
the partnership in the coming months.”
About MAQ Distributors Ltd.
MAQ Distributors Ltd. is a Canadian industry leader in the design,
manufacture and distribution of medical cannabis accessories,
vaping products and accessories and related items. Headquartered in
Winnipeg, Manitoba, MAQ works with sought-after Canadian glass
artists to showcase their work in retail stores across Canada and
services hundreds of Canadian clients including licensed producers,
national retail franchises, private retail chains and individual
retail stores. MAQ consistently pushes the envelope to design and
craft both white-label and in-house brands that focus on
innovative, affordable, compliant and functional accessories for
medical cannabis patients, and has developed new product lines for
the recreational cannabis market to be released in fall of 2018. As
a leader in the vaping products industry, MAQ additionally provides
its clients with access to the latest high-quality, compliant
vaping liquids and products.
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:
Spectrum Concentrates, Coil Glaze™, Craft Vapes™,
Siren, The Drip Factory, Shake It, Surf Sauce, Ohana, Moshi, Crisp,
Just Fruit, Cassidy’s Outlaw Series, 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