PriceSensitive

West Island (CSE:WIB) approved for two new products in Ontario

Cannabis
CSE:WIB
21 December 2021 15:15 (EDT)
West Island Brands - CEO, Boris Ziger

Source: Small Cap Power

West Island Brands (WIB) has received approval from the Ontario Cannabis Store to list two new products.

Both products, the Platinum Cake and Grandpa’s Stash strains are premium products with THC levels approaching 30 percent and terpene levels averaging above 3 percent.

The new products follow the success of West Island’s limited release of its Sweet Demon craft cannabis product in Ontario in November.

The Ontario Cannabis Store (OCS) is the sole wholesale distributor of cannabis for the province of Ontario, the country’s largest cannabis market. In June 2021 alone, Ontario reported $120.1 million in cannabis sales across the province, making up 37.7 per cent of the country’s cannabis sales.

Boris Ziger, West Island CEO, commented on the company’s latest news.

“Our first entry of OUESTTM brand premium craft cannabis into Ontario, ‘Sweet Demon’, was a huge success—selling out in less than a month,” he remarked.

“As with other regions of the country, our super premium product that has become an instant classic in Ontario also. We hope that our two new offerings will be as well received.”

West Island Brands, formerly Matica Enterprises, is a company focused on the medical marijuana industry. Its projects include Dorval, Ionic mist, Hemmingford, and others.

Shares in West Island Brands Inc. (WIB) are down 2.86 per cent, trading at $0.34 per share as of 2:24 pm EST.

Related News