Tantalus Labs Launches Proprietary Limited Release Cannabis Cultivar

Sky Pilot, the first limited release cultivar from the B.C.-based cannabis producer, now available in recreational stores

VANCOUVER, Sept. 16, 2019 /PRNewswire/ - Tantalus Labs Ltd. ("Tantalus Labs"), a B.C.-based licensed cannabis producer known for their proprietary genetics and established product lines, have expanded their offerings into a new, exclusive and limited release cannabis product. Sky Pilot, the first of a series of limited cultivars, joins the recognized Sungrown product range to add to the reputation of Tantalus Labs as refined cannabis curators.

Aptly named after the prominent Sky Pilot peak in the Tantalus Mountain Range, Sky Pilot is a cultivar exclusive to Tantalus Labs, intentionally curated for its unique botany and cannabinoid profile. The high THC hybrid is a sweet and pungent Indica-dominant strain, selected deliberately by the Cultivation Team at Tantalus Labs from a cross of their popular Blue Dream cultivar. Sky Pilot is an exciting product for customers who already enjoy the Blue Dream flavour and terpene profile, retaining the latter's sweet, berry tones while crafted to showcase a higher THC content and larger, denser bud structure with enhanced trichome density.

Proprietary and competitive flower offerings of cultivars such as Sky Pilot allow Tantalus Labs to achieve premium pricing for their strains and solidify the producer's standing as a nationally celebrated grower. "Premium flower offerings such as Sky Pilot, developed by our groundbreaking R&D team, are an essential part of what differentiates Tantalus Labs," says Dan Sutton, CEO, Tantalus Labs. "These exclusive products are what appeal so greatly to our customer base. They prove our commitment to ongoing iteration of novel and exclusive cultivars that stand shoulder to shoulder with the best in the world."

Sky Pilot is now available in recreational channels in B.C. and will roll out across Alberta and Saskatchewan throughout this week. The proprietary cultivar will be sold in dried flower and pre-rolled formats and will only be available for a limited time.

As with all of the Tantalus Labs products, Sky Pilot was sustainably grown with clean, natural inputs at the first federally licensed cannabis-tailored greenhouse of its kind in North America, SunLab¹. For more information on Tantalus Labs, visit tantaluslabs.com.

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About Tantalus Labs
Tantalus Labs is committed to Sungrown cultivation of world class cannabis products. Owned and operated in British Columbia, the Tantalus Labs team is a group of specialized scientists, engineers, and designers committed to the advancement of agricultural science. They believe that passion for natural, Sungrown cultivation methods will usher in a brighter future for clean cannabis. For more information, visit tantaluslabs.com.

CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION

Tantalus Labs is not a reporting issuer (or the equivalent thereof) in any jurisdiction, is not listed on any stock exchange, and may never become a reporting issuer or listed on any stock exchange, therefore, any securities issued by Tantalus Labs will be subject to an indefinite hold period which may never expire.

This News Release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

This News Release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking information, including, without limitation, statements relating to Tantalus Labs': (i) business strategy, objectives, and expected growth; (ii) ability to secure and/or maintain all appropriate cannabis licenses in its jurisdiction(s) of operation; (iii) expectations concerning political and governmental/regulatory changes in its jurisdiction(s) of operation; (iv) expectations concerning the size and growth of the cannabis, beverage and vape markets, and the effectiveness of Tantalus Labs' products and brand compared to its competitors' products and brands (v) ability to complete certain acquisitions and form certain strategic relationships; and (vi) ability to design, develop, and commercialize its products and navigate potential growth opportunities.

Forward-looking information is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of Tantalus Labs to be materially different from those expressed or implied by such forward-looking information, including without limitation: (i) Tantalus Labs' ability to secure and/or maintain all requisite cannabis licenses in its jurisdiction(s) of operation; (ii) the political and regulatory landscape governing the cannabis, beverage and vape markets in Tantalus Labs' jurisdiction(s) of operation; (iii) continued growth of the cannabis market and future growth in cannabis beverage and vape markets; (iv) the effectiveness and popularity of Tantalus Labs' business strategy and its ability to bring its products to commercial production; and (v) the ability to reduce production and energy costs through economies of scale.

Readers are cautioned not to place undue reliance on the above forward-looking information, or any statements related thereto, which should not be construed as exhaustive and speak only as of the date of this News Release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking information is expressly qualified in its entirety by this cautionary statement.

SOURCE Tantalus Labs