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EDEN EMPIRE RECEIVES APPROVAL IN PRINCIPLE FOR FLAGSHIP CANNABIS RETAIL STORE IN VANCOUVER BRITISH COLUMBIA


A Word to Shareholders

VANCOUVER, British Columbia; May 18, 2021 (GLOBE NEWSWIRE) - Eden Empire Inc. (CSE: EDEN) (the "Company" or "EDENTM") is thrilled to announce that it has received its Approval in Principle (“AIP”) from the Liquor & Cannabis Regulation Branch of the Province of British Columbia (the “LRCB”) for a cannabis retail store in Vancouver’s West End. The location will serve as EDEN’s flagship store located at 1674 Davie Street in Vancouver, British Columbia. Receiving AIP from the LRCB is one of the final steps required in licensing a cannabis retail store in the Province of British Columbia.

Key Takeaways

Located in the Lower Davie Village area, this location is considered one of the most densely populated and expanding neighborhoods in Vancouver.

Sits just steps away from the bustling Sunset Beach area, a BC Liquor store, and numerous adult-focused establishments.

Gerry Trapasso, Director & CEO, commented, "We are excited to add this flagship location to the numerous cannabis retail stores anticipated to operate under the EDEN brand in Vancouver. This specific location was previously a popular cannabis store and we look forward to welcoming back those local customers. Receiving AIP from the LCRB marks a significant milestone for the Company. We are ready for further expansion in the Province of British Columbia to showcase what truly sets EDEN’s brand and customer experience apart.”

For further information or should you have any questions, please feel free to email us at investors@edenempire.com.

Gerry Trapasso, CEO

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.


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