DionyMed Brands Awarded Three Provisional Licenses in Los Angeles and San Francisco

TORONTO, September 3, 2019–(BUSINESS WIRE)–DionyMed Brands, Inc. (“DionyMed” or the “Company”) (CSE:DYME; OTCQB:DYMEF), a multi-state cannabis brands, distribution and delivery platform, today announced it has been awarded three provisional licenses in California, including two retail (Los Angeles, San Francisco) and one distribution (Los Angeles). DionyMed also holds provisional distribution, manufacturing and non-storefront retail licenses in Oakland, CA and an additional provisional distribution license in Santa Rosa, CA.

DionyMed received a provisional retail license from the California Bureau of Cannabis Control under its subsidiary Gourmet Green Room, Inc., for recreational and medical sales in its dispensary located at 1500 Esperanza Street in Los Angeles. This retail license includes the ability to deliver cannabis and CBD-focused products directly to consumers throughout Los Angeles and Southern California via DionyMed’s ”Chill” (www.orderchill.com) Concierge Cannabis Delivery service, which offers “on-demand” and scheduled delivery up to a week in advance.

Additionally, DionyMed was granted a provisional adult use distribution license at its Los Angeles campus, allowing DionyMed to enhance its statewide distribution footprint, which currently serves 441 of the approximately 624 state licensed dispensaries. The new licenses are in addition to the existing provisional manufacturing license at the property, as well as a cultivation license that is currently pending State approval.

Gourmet Green Room was recently added to the DionyMed platform in conjunction with its previously announced acquisition of assets from MM Esperanza 2, LLC. The dispensary, formerly doing business as Project Cannabis, is being re-launched under the brand Chill Supply Co. offering consumers a wide variety of leading cannabis brands and products. The grand re-opening is scheduled for September 2019.

DionyMed today also announced the award of a non-storefront retail provisional license in San Francisco, issued to Hometown Heart, a licensed California delivery service managed by DionyMed. The license allows DionyMed to deliver within San Francisco and the surrounding cities, the company’s largest direct-to-consumer market with more than 20,000 deliveries since its Chill Concierge Cannabis Delivery began service in April 2019.

The award of these three provisional licenses is another important milestone for DYME and a significant step forward as we continue to expand our licensed California footprint.

Edward Fields, CEO of DionyMed

This broadens our ability to effectively deliver and distribute quality cannabis products to meet the rapidly growing California market, leading the evolution in the way consumers buy cannabis products today.

To be added to the DionyMed e-mail distribution list, please e-mail investorrelations@DYME.com with “Stay Updated” in the subject line.

About DionyMed

Founded in 2017, DionyMed is a multi-state cannabis brands platform, supporting cultivators, manufacturers and award-winning brands in the medical and adult-use cannabis markets. DionyMed sells branded products in every category from flower to concentrates to edibles. DionyMed serves cannabis consumers through retail dispensary distribution and direct-to-consumer fulfillment with its growing portfolio of award-winning brands. Learn more at dyme.com and follow @DYME_Inc on Twitter and LinkedIn.

Original press release

Published by NCV Newswire
NCV Newswire
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