Christina Lake Cannabis Corp. announced that it is observing excellent results from the initial harvest of its 2021 growing season. In addition to favourable weather conditions in which CLC’s advanced proprietary genetics have performed especially well, these results can also be attributed to the implementation of optimized harvesting and trimming techniques coordinated under the leadership of the Company’s Master Growers, who have more than 25 years of experience in cultivating cannabis in southeastern British Columbia. These optimized techniques seek to improve process efficiency, reduce operational costs, and increase tetrahydrocannabinol concentration of finished product. Additionally, by using a new material separation method, Christina Lake Cannabis will be able to enter additional market segments by adding pre-rolled products, kief, premium hashish (commonly referred to as “hash”), and rosin concentrates. Furthermore, the Company has implemented new industrial-grade trimming and destemming equipment with the ability to process up to 2,250 lbs (wet)/450 lbs (dry) and 2,400 lbs (wet)/480 lbs (dry) per hour, respectively. By enhancing its ability to reduce raw biomass (i.e., removing leaves, stems, and other components of cannabis plants not used in processing), the Company expects to realize significant cost efficiencies in producing extracted material and distillate for licensed customers and producers. Christina Lake Cannabis’ Master Growers have identified the 2021 crop as being more robust than the crop from the previous growing season, with many plants currently exceeding ten feet in height. This performance is expected to surpass that of last year based on climate forecasts for the rest of the growing season, which currently suggest that the optimal conditions will prevail through the balance of the harvest season. More than 90 “experimental” proprietary cannabis strains, which are continuing to perform exceptionally well, are being cultivated alongside the seven “proven” strains that comprise the majority of this year’s crop. Several “experimental” strains that have demonstrated a strong natural resistance to mold and pests as well as above-average THC levels, are currently contenders for addition to the Company’s grow profile for its 2022 growing season. This approach to curating proprietary strains of cannabis continues to provide a unique competitive advantage to the Company, which can utilize its ample acreage to conduct extensive research and development to maximize its per-gram THC yield. Christina Lake Cannabis expects to complete harvesting this year’s crop by the end of October 2021, and intends to begin sales initiatives for its new product ranges in Fourth Quarter 2021 to complement its existing offerings, for which the Company has already established a strong sales pipeline. CLC is continuing to fulfill orders from its licensed producer accounts as quarter-over-quarter sales continue to grow.