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Company Profile for Metric Point Capital

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–(BUSINESS WIRE)–Metric Point Capital (“Metric Point”) is a capital advisory and
placement firm specializing in raising institutional capital for
alternative investment managers. Fund and co-investment assignments
include leveraged buyouts, energy, real estate, infrastructure,
royalties, mining, credit and distressed debt, among others.

Metric Point advises on all aspects of the fundraising process,
including competitive positioning, preparation of marketing materials,
comprehensive strategic fundraising planning, and distribution.

The firm has professionals located in New York, Stamford, Chicago, Los
Angeles, and Austin.

Member FINRA/SIPC

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Company:

Metric Point Capital
 

Headquarters Address:

375 Park Ave, 26th Floor

New York, NY 10152

 

Main Telephone:

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(646) 838-0922
 

Website:

http://www.metricpoint.com/

 

Type of Organization:

Private
 

Industry:

Banking
 

Key Executives:

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Partner: Brendan Edmonds

Partner: Alex Leykikh

Partner: Jim Weidner

 

Partner

Contact:

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Alex Leykikh

Phone:

(646) 838-0954

Email:

[email protected]

 

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Cannabis

Thailand Legal Cannabis Market Size, Share & Trends Analysis Report 2024-2030: Growing Demand for CBD-based Products & Increasing Preference for Cannabis Extracts such as Oils and Tinctures

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StickIt

StickIt Technologies Inc Announces Reorganization in StickIt Thailand Ltd and StickIt Spain SL Ltd with reduction of significant expenses

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stickit-technologies-inc-announces-reorganization-in-stickit-thailand-ltd-and-stickit-spain-sl-ltd-with-reduction-of-significant-expenses

VANCOUVER, BC, June 24, 2024 /PRNewswire/ — StickIt Technologies Inc. (the “Company” or “StickIt”) (CSE: STKT), an Israeli technology and cannabinoid company, announces today reorganization and reduction of significant expenses.

As part of the reorganization, the company intends to reduce significant expenses in its activities around the world. The company decided in January 2024 to close the raw materials factory in Galilee, Israel, due to the war and move the raw materials production activity to Calgary, Canada. During the end of the 3rd quarter of 2024, the company intends to close its subsidiary StickIt Thailand Ltd (based in Thailand) in accordance with the government’s statement on ending the recreational use of cannabis in the country. The company also intends to close StickIt Spain’s CBD  manufactory and the company’s offices in Barcelona and transfer the producing franchise to a local distributor.

“The world’s cannabis industry is facing many challenges – which affects most companies in the industry and probably affects the share value.  It is necessary to reduce costs and try to increase our technology sales worldwide. These actions will save the company about $120,000 CAD a year,” concluded  Eli Ben Haroosh, CEO of StickIt Technologies Inc.

The CEO went on to say that during Q3 2024, StickIt’s Research Unit will produce the special THC straw for mass creation.

About StickIt Technologies Inc

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StickIt is a technology company that invented and manufactures innovative products (“devices”) that can contain varying quantities of CBD/THC for recreational and medical cannabis users. Its operating model is to establish joint ventures/licensees (“partners”) in countries around the world that will establish a production facility in which they will add the cannabinoid content to the “sticks” and “straws” produced and supplied by StickIt. The Company’s precise dosing options cater to a wide range of effects, including painkilling, energizing, focus, sleep improvement, etc., and can be tailored to meet local preferences and regulations. StickIt Technologies serves customers worldwide.

About Ripco Processing Inc.

Ripco, known for its innovative cannabis products, brings popular brands like StickIt and StripIt to the Canadian market. StickIt is an infused stick designed to enhance the performance of prerolls, promising to take user experiences to new levels – just StickIt!

For more information, please contact: 

StickIt Technologies Inc

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Eli Ben Haroosh, CEO
E: [email protected]

Sophie Galper , CFO
E: [email protected]

Website: www.stickit-labs.com
Facebook: @Stickit
Twitter “X”: @STICKIT74776509
LinkedIn: @Stickit-labs

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

Forward-Looking Statements

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This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward-looking statements. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not undertake to update any forward-looking statements, other than as required by law. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by StickIt Technologies Inc. Readers are cautioned not to place undue reliance on forward-looking statements.

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Cannabis

Global Medical Cannabis Market Size To Worth USD 121.33 Billion By 2033 | CAGR Of 21.30%

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