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LGC Launches JV Company with Creso Pharma and Baltic Beer Company to Capitalize on Growing Cannabis-Derived Beverage Market
On January 11 2018
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. (LG.V ) ( "LGC ") is pleased to announce that it has formally launched its new joint venture company with Creso Pharma Limited (CPH.AX ) and Baltic Beer Company Ltd to capitalize on the fast-growing cannabis and hemp-derived beverage markets.
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