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Harrys Announces Receipt of Tobacco Tax Licence
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Vancouver, British Columbia – TheNewswire - Aug 20, 2025 – Harrys Manufacturing Inc. (CSE: HARY) (the “Company”, “Harrys”, “we” or “our” or “us”), a national cigarette company in Canada, is pleased to announce that its wholly-owned subsidiary, Harrys International Manufacturing Inc., has received a Tobacco Tax Licence (the “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, CEO of the Company, states: “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:
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, Harrys’ management team collaborates with distribution and retail partners who prioritize their customers’ needs.
ON BEHALF OF THE BOARD
Nick Brusatore
CEO
For further information, please contact:
Corporate Communications
Telephone: 604-356-0411
Email: harrysmfg@gmail.com
Information in this news release concerning the Company’s products is intended for the exclusive use of market investors and is not in any way intended to promote tobacco products to consumers, which is prohibited by Canadian law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
Forward Looking Statements
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.