Original News Release
Harrys receives tobacco tax licence from Saskatchewan
Mr. Nick Brusatore reports
HARRYS ANNOUNCES RECEIPT OF TOBACCO TAX LICENCE
Harrys Manufacturing Inc.'s wholly owned subsidiary, Harrys International Manufacturing Inc., has received a tobacco tax licence from the Saskatchewan Ministry of Finance.
The licence is for the purposes of conducting business as a licensed supplier and permits the holder to import tobacco into Saskatchewan on a regular basis without paying the deposit prior to entry of tobacco as required by clause 8(1)(b) of the Tobacco Tax Act, 1998.
Nick Brusatore, chief executive officer of the company, stated: "The licence creates a bridge to work with tax exempt retailers and wholesalers to supply a top-quality highly regulated product competing with the unregulated market in Canada. We see this as a potential turn of events in the tobacco industry to create competitive change and squeeze the large American companies that currently control the Canadian tobacco industry."
About Harrys Manufacturing Inc.
Harrys provides value to its shareholders by meeting the preferences of adult tobacco consumers who seek a high-quality Canadian product at an affordable price. With over 15 years of industry experience, the Harrys management team collaborates with distribution and retail partners which prioritize their customers' needs.
We seek Safe Harbor.
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