KELOWNA, British Columbia, May 02, 2019 (GLOBE NEWSWIRE) — 10330698 Canada Ltd., parent company of Compass Cannabis Clinics and Starbuds Canada, is pleased to announce that it has formally changed its name to ‘Starbuds International’ (‘the Company’). The name change comes at a time of rapid growth both domestically and abroad as the Company positions itself to become a global leader in retail cannabis.
Cannabis acceptance continues to accelerate globally. Since day one, it has been our goal to become one of the premiere cannabis retailers both in Canada and abroad. With our first Compass Lifestyle Clinic now open in Australia, it was the right time to formalize our corporate identity and our growth ambitions.
Dave Martyn, President and Co-Founder of Starbuds International
With the name established, Starbuds will continue to look for opportunities to grow its medical cannabis operations as it assesses growth and acquisition opportunities in Europe and Southeast Asia.
Starbuds is also pleased to announce that it has won the ‘National Startup of the Year’ award at the 2019 O’Cannabiz cannabis awards. “It’s an honour to be able to win this award and celebrate the hard work our team has put in over the last year,” says Martyn. “While legalization has come with its fair share of roll out issues, this award is acknowledgement that we are heading in the right direction.” Those interested in learning more about Starbuds can visit https://starbuds.co.
About Starbuds International
Starbuds International is a leading independent adult-use cannabis retailer poised to establish itself as one of the world’s largest international cannabis retail companies. The company intends to capture significant market share in jurisdictions that allow private retail. Starbuds is changing the way people think about cannabis with expertly curated product selection and a best-in-class, education-driven customer experience. Starbuds leadership team has extensive experience in both the medical and recreational cannabis industries and deep retail expertise. The company has first-mover advantage in the new adult-use cannabis industry in Canada and, specifically, in British Columbia.