Home Blog

Pure Extracts Commences Production of 25,000 Vape Cartridges in Preparation for Retail Distribution

0

VANCOUVER, British Columbia, April 22, 2021 (GLOBE NEWSWIRE) — Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms, and the rapidly emerging psychedelic sector, is pleased to announce that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has begun production of 25,000 vape cartridges for the Canadian retail market.

Demand for Pure Extracts’ Pure Pulls branded 510 Vape cartridges is strong within the provincial markets. The Company estimates retail sales revenue for this production run will be approximately $750,000. The cartridges will be filled with a selection of some of the Company’s 30+ proprietary, full spectrum oil (FSO), formulations including Super Lemon Haze, Grand Daddy Purple and Girl Scout Cookies/GSK.

These vape 510 cartridges are produced by a global manufacturer and adhere to the highest North American test standards. These products were specifically chosen for the quality of their component parts, their fit and finish and their performance characteristics when paired with Pure Extracts’ oil concentrates.

Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are excited about preparing to ship our first vape cart orders to the provincial distribution channels. We have created the high quality FSO vape products that consumers now demand and believe that we will quickly build brand loyalty with both legacy and new entrants in the vape space.”

About Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ)
Pure Extracts features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming towards export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. On September 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act and the Company’s stock began trading on the Canadian Securities Exchange (CSE) on November 5, 2020. Find out more at https://pureextractscorp.com/.

For further information please contact Empire Communications Group at (604) 343-2724 and ir@empiregroupir.com.

ON BEHALF OF THE BOARD
Ben Nikolaevsky
Ben Nikolaevsky
CEO and Director

The CSE has neither approved nor disapproved the contents of this press release.

This news release contains forward-looking statements relating to the future operations of Pure Extracts, and the other statements are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of Pure Extracts’, are forward-looking statements and involve risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from what is projected in forward looking statements. Although we believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and we cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Risk Factors” in the Company’s Annual Information Form. The Company does not undertake to update any forward-looking information, except as, and to the extent required by, applicable securities laws.

This news release contains information about potential sales revenue from supply agreements, which may be considered as disclosure of financial outlook under applicable securities laws. Such information is subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above paragraph. Specifically, estimated sales revenue which may be derived from supply contracts has been calculated based on current wholesale prices and assume, among other things, that the Company will be able to find buyers for its products. Financial outlook contained in this news release was made by management as of the date of this news release and was provided for the purpose of providing readers with an understanding of the potential revenue which may be derived from supply agreement recently entered into by the Company and are not an estimate of profitability or any other measure of financial performance. Readers are cautioned that the financial outlook contained in this document should not be used for purposes other than for which it is disclosed herein.

Maple Leaf Green World Inc. Has Created Its Own Brand Name – Phoenix Crave

0

CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) — Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQB: MGWFF) is pleased to announce it has developed its own unique brand name, PHOENIX CRAVE, for its high quality CBG products. A preview of the Phoenix Crave artwork can be viewed on the Company’s websites.

The Company is also pleased to announce the following new business developments:

New Distribution Networks

The Company has established a West Coast distribution network encompassing California, Oregon and Arizona. Two other distribution networks in Nevada and Florida are currently being set up. The Nevada agent is waiting on the results of a lab test to confirm there are no contaminants in the Company’s products as required by the Nevada State laws before launching its marketing campaign.

New Products Development Update

CBG Hemp Cigarette
The Company has completed and approved the packaging artwork with its joint venture partner, Hempacco Co. Inc. (“Hempacco”). The artwork will now be sent through Hempacco’s printing and packaging process to produce Phoenix Crave Gold and Phoenix Crave Gold Grape Flavor cigarette boxes. The initial batch will produce commercial ready sample packs to be sent to the Company’s distribution networks, partners and dispensaries. The two retail ready, 20-packs of CBG Hemp Cigarettes will also debut through the Phoenix Crave e-commerce platform that is currently in development.

CBG Pre-Rolls
The Company has also been packaging its own CBG Hemp Pre-rolls for purchase through its own sales network. The CBG Hemp Pre-rolls offer a high-end product that is a great alternative to tobacco cigarettes. Each pre-roll contains 1 gram of premium CBG hemp and less than 0.2% THC. These pre-rolls can be purchased individually or in packs of 2.

CBG Oil
The Company has also shipped a test sample of biomass to a lab in California to produce CBG Crude. The Company is pleased with the results and are currently selecting a processing facility to further refine the crude to manufacture CBG Oil and CBG Gel Capsules.

All Company products are currently available for viewing on their website at www.gsgreenworld.com and for sale by contacting sales@gsgreenworld.com. All products will be made available for online ordering after the official launch of the e-commerce platform.

For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.
For updates regarding the California CBG Hemp Project, please visit https://www.gsgreenworld.com/.

About Maple Leaf Green World Inc.

Maple Leaf is a public Canadian company that focuses on the cannabis and hemp industry in North America. The Company currently has cannabis and hemp projects in British Columbia and California. With over 10 years of extensive greenhouse management experience, the Company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free cannabis products. Maple Leaf’s long-term objective is to produce cannabis oil and to export its products to approved countries. The Company’s common shares are listed for trading on the Aequitas NEO Exchange Inc. under the symbol “MGW” and on the OTCQB market under the symbol “MGWFF.”

Forward Looking and Cautionary Statements

This news release may include forward-looking statements including opinions, assumptions, estimates, the Company’s assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from NEO and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from NEO and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company’s annual information form (“AIF”) for the year ended December 31, 2018 and management’s discussion and analysis (“MD&A”) thereof for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company’s profile on www.sedar.com. 

Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.

For further information, please contact:

Maple Leaf Green World Inc.
Raymond Lai, Chairman, President & CEO
+1(403) 452-4552
rlai@mlgreenworld.com

Billy Bewcyk, V.P. for Business Development
+1(403) 616-4877
wbewcyk@mlgreenworld.com 

Endexx Contracts Beauty Barrage to Drive New Cosmetic Brand

0

Cave Creek, AZ, April 22, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Endexx Corporation, (OTC: EDXC), a lifestyle company focused on the intersection of science, compliance, and formulation of innovative Hemp-Derived  topical and cosmetic product, is pleased to announce it has contracted with Beauty Strategy Group, a market leader in cosmetic and skin care brand representation. Beauty Strategy Group is 100% owned, controlled, and operated by women company. 

Beauty Strategy Group and Beauty Barrage represents leading brands: L’Oréal, PerriconeMD, The Proactiv Company, Unilever, Dermaflash and many others. They support brand success and pull through in stores like Sephora, Ulta and leading premium retail chains: Bloomingdales, Neiman Marcus, and Nordstrom. Beauty Barrage provides training & education for retail associates, in-store event creation and execution, pop-up shops and sales support – all field tactics that are crucial to helping a brand succeed at retail. The BSG team includes over 300 beauty professionals servicing over 3,000 doors in the U.S. and Canada. This elite team of beauty advisors, trainers, and managers treats your brand as if it were “their” own.

Sonia Summers, CEO and Founder of Beauty Strategy Group, stated, “We are happy to work with Endexx Corp to bring innovative products to market helping to drive incremental growth to our retail partners. We are very excited to partner with a trusted brand, committed to education and product excellence. We look forward to working with Todd and his team on bringing best-in-class product in men’s grooming to market in these channels.” 

CEO Endexx, Todd Davis, commented, “The BSG team brings the professional ‘Human Touch’ needed to successfully place and sell through product in the Mass Retail space.” Davis added, “Sonia Summers is an inspirational business leader and provides 20 years of expertise we need to support our cosmetic and topical CBD Products.”

https://www.beautystrategygroup.com/

https://www.beautybarrage.com/

About Endexx Corporation 

Endexx Corporation, through its operating division CBD Unlimited, develops and distributes all-natural CBD products derived from cannabis sativa plant (Hemp), containing less than 0.01% THC. Its products range from oils, capsules, topicals, and pet products, all with the shared purpose of therapeutic and pain relief for humans and pets. Phyto-Bites are CBD soft chews for animal use that are formulated to promote health and support the reduction of separation anxiety, pain, and inflammation. The science behind these products involves over half a decade of clinical research in the field and lab work to provide accuracy in dosage and delivery of optimal absorption per serving.

Safe Harbor Notice

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.

Contact:

For further investor and media information, please contact:

Endexx Corporation

Todd Davis, Chairman and CEO

endexx@endexx.com

480-595-6900

City View Green Holdings Inc. Receives Automated, Selmi Chocolate Production Line Equipment for Producing Edibles and Appoints Karl Wirtz as a Director

0

Toronto, Ontario–(Newsfile Corp. – April 22, 2021) – City View Green Holdings Inc. (CSE: CVGR) (OTCQB: CVGRF) (“City View” or the “Company”), trading through the facilities of the Canadian Securities Exchange (“CSE”) under the symbol “CVGR” and on the OTCQB® under the symbol “CVGRF” is pleased to provide an operational update related to the receipt of chocolate manufacturing equipment as previously announced on November 24, 2020 and January 14, 2021.

On April 21, 2021, City View’s state of the art, scalable Selmi chocolate line arrived at our Brantford, Ontario production facility from Italy. Fit and installation will begin immediately, enabling City View to move to the next stage of edibles development and production planning with our licensed producer clients. Production will commence immediately upon receipt of a processing license from Health Canada under the Cannabis Act which is currently under review. City View is currently awaiting the arrival of gummy equipment as previously announced on January 14, 2021. City View is also pleased to announce that it will secure key bakery equipment to produce baked goods and pet snacks.

City View’s management team is currently completing quality systems and operational procedures to produce the following edibles: filled and solid chocolates, gummies in blister packaging as well as baked goods such as cookies, protein and granola bars, and pet snacks. The anticipated launch of City View’s white label chocolate, gummy and baked goods products remains on track during 2021.

The Company is also pleased to announce the appointment of Mr. Karl Wirtz as a Director of the Company. Mr. Karl Wirtz has been a professional entrepreneur and business owner for over 33 years. Mr. Wirtz built and presently manages a globally recognized bakery and co-packing business with world class food safety certifications carrying an “A” rating under the Global food safety initiative. Mr. Wirtz is currently servicing many household names in the CPG industry from all over the globe. Recently, Mr. Wirtz partnered with an Ontario based bakery and through this relationship he has built Canada’s first cannabis infused bakery, contracted to Ontario’s top licensed producer (“LP”). Mr. Wirtz created and managed the full concept and layout for an onsite cannabis packaging line and delivered excellent scores for that LP’s order fulfilment upon the launch of the LP’s recreational cannabis products.

“Once a processing license is granted by Health Canada, City View expects to commercialize product innovations to enter the Canadian adult recreational and wellness markets with our novel white label CBD and THC infused products for other licensed producers. Upon the receipt of a sales license from Health Canada, City View will produce its own branded chocolate, gummies, and baked goods for the Canadian market. City View’s white label and branded strategy stands out from other companies and we believe these products represent the highest growth segments in the Canadian cannabis market. We are pleased to add Karl Wirtz to the Board of City View and the extensive experience and advice he will provide in consumer packaged goods manufacturing.”, said Rob Fia, CEO and President.

For further information contact:

City View Green Holdings Inc.

Rob Fia, CEO & President
Email: rob@cityviewgreen.ca

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

About City View

City View is a leading food company focused on the development of cannabis-infused edibles. Upon the anticipated receipt of its Cannabis Act processing and sales licences (“Cannabis Licences”), City View will incorporate cannabis-infused food production at its Brantford, Ontario high-capacity facility. In addition, City View owns a 27.5% stake in Budd Hutt Inc. (“Budd Hutt”), a retail-focused cannabis company with access to cannabis cultivation and production licences in Alberta and other retail opportunities across Canada. Through its relationship with Budd Hutt, the Company anticipates securing shelf space, product placement, and distribution opportunities for our white label partner products. For more information visit www.cityviewgreen.ca

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

Disclaimer for Forward-Looking Information

This press release contains forward-looking statements that are based on the beliefs of management and reflect the Company’s current expectations. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. When relying on the Company’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81353

TerrAscend to Host First Quarter 2021 Investor Conference Call

0

 

TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that it will host a scheduled conference call to discuss the results for its first quarter ended March 31, 2021 on Wednesday, May 19th, 2021 at 8:30 a.m. Eastern Time. The Company will report its financial results for the  quarter in advance of the call.

CONFERENCE CALL DETAILS

DATE:

Wednesday, May 19th, 2021

TIME:

8:30 a.m. Eastern Time

WEBCAST:

Click to Access

DIAL-IN NUMBER:

1-888-664-6392

CONFERENCE ID:

88025412

REPLAY:

(416) 764-8677 or (888) 390-0541
Available until 12:00 midnight Eastern Time Tuesday, Wednesday June 2nd, 2021

Replay Code: 025412

The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

About TerrAscend

TerrAscend is a leading North American cannabis operator with vertically integrated operations in PennsylvaniaNew Jersey, and California in addition to operating as a licensed producer in Canada. TerrAscend operates an award-winning chain of Apothecarium dispensary retail locations as well as scaled cultivation, processing and manufacturing facilities on both the East and West coasts. TerrAscend’s best-in-class cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use market. The Company owns several synergistic businesses and brands, including The Apothecarium, Ilera Healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. For more information, visit www.terrascend.com.

Caution Regarding Cannabis Operations in the United States

Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the US Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable US federal money laundering legislation.

While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with medical or adult-use cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve TerrAscend of liability under U.S. federal law, nor will it provide a defense to any federal proceeding which may be brought against TerrAscend. The enforcement of federal laws in the United States is a significant risk to the business of TerrAscend and any proceedings brought against TerrAscend thereunder may adversely affect TerrAscend’s operations and financial performance.

SOURCE TerrAscend

MustGrow Highlights Positive Soil Health and Environmental Approach; Earth Day Investor Presentations

0

Saskatoon, Saskatchewan–(Newsfile Corp. – April 22, 2021) – MustGrow Biologics Corp. (CSE: MGRO) (OTCQX: MGROF) (FSE: 0C0) (the “Company“, “MustGrow“) is pleased to outline its environmentally-sustainable approach to crop protection on Earth Day.

MustGrow’s safe and effective natural, organic biofumigant, biopesticide and bioherbicide are plant-based – harnessing the mustard seed’s natural defense mechanism to control diseases, insect pests and weeds. This natural biological approach to crop protection underscores the “E” in ESGEnvironmental, Social, and Governance. The dangers associated with synthetic chemical overuse is pushing farmers, consumers and regulators to seek naturally-sourced biological products, which are known for safe, environmentally-sustainable and consumer-friendly profile characteristics.

REMINDER: MustGrow Earth Day Presentations Today

Positive Soil Health and Environmental Impact

The active ingredient in MustGrow’s preplant mustard-derived approach (AITC) has a positive soil health and environmental impact:

  • PLANT-BASED: organic plant material is returned to the soil.
  • Dissipates in the soil quickly.
  • Avoids long-term toxicity to beneficial micro-organisms.
  • Very low water solubility, potentially limiting watershed runoff.
  • Promotes a healthy microbiome for the soil.

Biologicals: Agricultural Technology Revolution

  • Sustainable Agriculture: The development of safe and effective biologicals (to replace chemicals) will be critical for future food security and environmentally-sustainable agriculture.
  • Feed the World: By 2050 there will be more than 9 billion people on this planet – 2 billion more people to feed. The combination of population growth and changing diet will require roughly double our current number of crops (National Geographic, 2020).
  • Popularity of Organic Food: The mainstream rise of organic food consumption, plant-based protein, pesticide-free produce and non-GMO products are not merely trends – these are transformational shifts in how food is grown and consumed.
  • Investors Demand Sustainability: In 2020, net capital flows into U.S. ESG funds smashed previous records, totaling US$51.8 billion (almost ten times 2018’s US$5.4 billion net capital flows).
  • Mergers & Acquisitions: Risk averse big agriculture chemicals companies are widely-expected to build portfolios of biological solutions through acquisitions once technologies are de-risked.

About MustGrow

MustGrow is a publicly traded (CSE: MGRO) (OTCQX: MGROF) (FSE: 0C0) agriculture biotech company focused on providing natural science-based biological solutions for high value crops, including fruits & vegetables and other industries. MustGrow has designed and owns a U.S. EPA-approved natural solution that uses the mustard seed’s natural defence mechanism to protect plants from diseases and insect pests. Over 110 independent tests have been completed, validating MustGrow’s safe and effective signature products. The product, in granule format, is EPA-approved across all key U.S. states and by Health Canada’s PMRA (Pest Management Regulatory Agency) as a biopesticide for high value crops such as in fruit & vegetables. MustGrow has now concentrated a mustard extract biopesticide in liquid format, TerraMG, and with regulatory approval, could be applied through standard drip or spray equipment, improving functionality and performance features. In addition, the Company’s mustard-derived extract technologies could have other applications in several different industries from preplant soil treatment, to weed control, to postharvest disease control and food preservation.

The Company has approximately 42.8 million basic common shares issued and outstanding and 50.6 million shares fully diluted. For further details please visit www.mustgrow.ca.

ON BEHALF OF THE BOARD

“Corey Giasson”

Director & CEO
Phone: +1-306-668-2652
info@mustgrow.ca

Forward-Looking Statements

Certain statements included in this press release constitute “forward-looking statements” which involve known and unknown risks, uncertainties and other factors that may affect the results, performance or achievements of MustGrow.

Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of MustGrow to differ materially from those discussed in such forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, MustGrow.

These risks are described in more detail in MustGrow’s Prospectus and other continuous disclosure documents filed by MustGrow with the applicable securities regulatory authorities and available at www.sedar.com. Readers are referred to such documents for more detailed information about MustGrow, which is subject to the qualifications, assumptions and notes set forth therein.

This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.

Neither the CSE 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 release.

© 2021 MustGrow Biologics Corp. All rights reserved.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81224

SpeakEasy Completes Product Menu for Two Upcoming Concentrate Brands

0

 

SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the “Company” or “SpeakEasy“) a holder of a federal licence to cultivate, process and sell cannabis under the Cannabis Act, is pleased to announce that it has completed its product menu for two of its concentrate brands scheduled for release over the next two quarters.  In addition, further to its press releases of January 21, 2021 and April 9, 2021, the Company has completed the transactions contemplated by a convertible loan agreement (the “Loan Agreement“) among the Company, 10161233 Canada Limited, 1287866 B.C. Ltd. (the “Lender“) and Bhayana Ventures Ltd. (the “Administrative Agent“) dated April 9, 2021, for aggregate gross proceeds of CDN$3,000,000 (the “Loan“).

Product Development

SpeakEasy has created a complete line of products formulated from its fresh frozen and dried cannabis material that will be launched under two separate brands scheduled to be introduced over the next two quarters. We have studied the markets in Canada and in the US, noting that certain market trends are favorable and therefore we have created products based on both existing products in high demand and others that are not yet in this country. Formulating these products has been a multi-year project involving genetics, outdoor cultivation, acquisition and development of intellectual property in addition to the acquisition of equipment that can produce the desired products. The advantage of having low-cost input material gives SpeakEasy the ability to enter markets focusing on the lowest priced competitor as an entry price point.

The Importance of Brands

Management believes that branding makes the cannabis industry more legitimate in the eyes of the consumer which, in turn, drives brand recognition. As the cannabis industry grows, and new differentiating entrants come into the market, the sure-way to survive is by building a unique brand experience within a particular niche. We feel SpeakEasy’s history and overall philosophy gives us a unique connection to consumers by telling a story through our brands which will be an important part of creating customer loyalty and brand recognition.

Founder Marc GeenCanopy Growth’s recent acquisition of Supreme Cannabis for $435 million is a clear indication in the value of brand equity. From day one, we have invested a huge amount of time in building brands for our future. We believe we’re in a unique position to create quality products at low-cost while being immersed in our culture. Authenticity is the biggest factor to building real brands that customers want to engage with. It’s not a brand until your audience is willing to wear your logo because of the values you represent. It’s exciting times over here.

Extract Product Portfolio

SpeakEasy has created and tested a menu of over 25 unique products that are now ready for launch. Once we receive our amended sales licence, expected within the next 45 days, we will be able to introduce brands and products to the market. We have established production, processing and packaging methods and anticipate entering into contracts with multiple provinces once we are granted our amended sales licence. Many of the products that we are developing are not yet available to the Canadian market however once they are launched, we expect they will be priced aggressively with a view to capturing additional market share.

Convertible Loan Financing of CDN$3.0 Million

The Company has completed the transactions Loan Agreement for aggregate gross proceeds of CDN$3,000,000.

In accordance with the terms and conditions of the Loan Agreement, the Company has issued the Administrative Agent an aggregate of 288,462 common shares in the capital of the Company (the “Common Shares“), at a deemed price of $0.52 per share, in satisfaction of the payment of a finder’s fee.  In addition, the Company has granted the Administrative Agent an aggregate of 5,769,231 Common Share purchase warrants (the “Warrants“). Each Warrant entitles the holder to purchase a Common Share at a purchase price of $0.70 per Common Share, subject to adjustment, until April 21, 2024.

The principal amount of the Loan and any accrued but unpaid interest thereon will be convertible into Common Shares at the option of the Administrative Agent (on behalf of the Lender) at a price of $0.52 per Common Share, subject to adjustment, in accordance with the terms and conditions set forth in the Loan Agreement.

Option Grant

The Company also announces the grant of an incentive stock option to purchase up to 200,000 common shares (the “Options“) to a consultant of the Company, such Option to be granted in accordance with applicable laws and the policies of the Canadian Securities Exchange.

Shares for Debt

The Company also announces that it intends to issue an aggregate of 18,657 Common Shares in settlement of bona fide debt owing to an arm’s length creditor in the amount of $12,500.  The Common Shares will be issued at a deemed price of $0.67 per share.

Proposed Board Member

In connection with the Company’s annual general meeting of shareholders scheduled to occur on April 28, 2021, management of the Company understands that a nomination from the floor will be made for the election of Ryan Kennedy as an additional independent director of the Company. The election of Mr. Kennedy would be contingent upon his receipt of security clearance by Health Canada.  The nomination of Mr. Kennedy is supported by management and the Company recommends that shareholders vote in favour of the contingent election of Mr. Kennedy as a director of the Company.

Mr. Kennedy resides in Penticton, British Columbia, where he has been the President of WestRep Solutions, a manufacturer’s representative agency since April 2000.  Mr. Kennedy currently holds, or exercises control over, 716,425 Common Shares.

Mr. Kennedy is a well-respected entrepreneur with a depth of experience in strategic planning and management.  He brings more than 28 years’ experience in creating start ups, strategic planning, selling and marketing products, and building business relationships.

Malcolm Davidson, CEO states, “We are looking forward to working with Ryan and harvesting some of the valuable knowledge and guidance he brings to the table as we implement our initiatives to further our corporate strategies and goals and build on our strong governance.”

Better Plant Launches Jusu Labs for Influencer and Celebrity Partnerships

0

Vancouver, British Columbia–(Newsfile Corp. – April 22, 2021) –  Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FSE: YG3) (“Better Plant“) or (the “Company“), a wellness company that develops and sells plant-based products, announces the launch of Jusu Labs, a division of Better Plant dedicated to partnering with celebrities and other influencers to create additional revenue streams by selling healthy and sustainable co-branded products to their audiences.

Cannot view this image? Visit: https://i1.wp.com/grassnews.net/wp-content/uploads/2021/04/better-plant-launches-jusu-labs-for-influencer-and-celebrity-partnerships.jpg?w=696&ssl=1

Better Plant Launches Jusu Labs for Influencer and Celebrity Partnerships

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6377/81263_fde62bc5d43aaa22_001full.jpg

Better Plant has over 500 plant-based formulas ready for production, including personal care products and food and beverage formulas. Products can be launched through Better Plant’s trusted Jusu brand, as a white label, or as a featured brand under the Jusu label. Influencers can take advantage of Jusu’s production facility, and its eCommerce platform and fulfillment network to launch products quickly and efficiently.

Better Plant is working with Mieux Digital Agency (“Mieux“), experts in all aspects of marketing, branding, eCommerce, affiliate programs, and influencer programs. The Company has engaged Mieux specifically to increase brand awareness and gain access to prospective celebrity influencers, as part of its new division, “Jusu Labs”.

“This partnership with Mieux will be a way for Better Plant to continue to reach more potential customers who resonate with the brand’s values and messaging via aligned celebrity influencers. In particular, influencers that align with plant-based, healthy products,” says Better Plant’s Vice President of Marketing, Gabriel Villablanca. “We know there are celebrities who want to support these kinds of initiatives, especially by supporting products they love. Our partnership will allow us to work together to find these partners and potentially create new lines of products that do that.”

Mieux previously set up a well-publicized collaboration with Jusu and Wu-Tang Clan’s contemporary fashion and vegan accessories line, 36 Chambers. The campaign featured Jusu’s all-natural plant-based hand sanitizer, aptly named ‘Protect Ya Hands’, which was featured in publications such as Hypebeast, Complex, Pitchfork and NME.

“We couldn’t be more excited for our partnership with Better Plant,” said Nik Topolovec, President of Mieux Digital. “The world is looking for plant-based product solutions and Better Plant is uniquely positioned to help folks with influence bring their plant-based products to market. By bridging the gap, we are hoping to provide celebrities with unique products and development opportunities that can help them build their businesses, personal brands and bring wellness offerings to their fans. The future is incredibly bright in this space!”

With the increased exposure of celebrity endorsements and its partnerships with trusted wholesalers in globalized marketplaces, Jusu is well positioned to attract retailers globally.

About Better Plant:
Better Plant harnesses plant intelligence and leverages modern science to offer sustainable, plant-based products that are better for health and better for the earth. It makes and sells over 90 proprietary products, all made with 100% natural ingredients, under the brands Jusu, Urban Juve and Wright & Well. It has a direct-to-consumer platform for refrigerated goods that offers easy online ordering and convenient home delivery in select cities in Alberta and BC. Better Plant operates Jusu Bar, a quick serve restaurant alternative in Victoria, BC, which serves up fresh, healthy, and nutritious options with a focus on Jusu cold-pressed juices. Jusubar.com offers home delivery of refrigerated plant-based beverages consisting of cold-pressed juices and packaged juice cleanses. Through its Shopify enabled eCommerce sites getjusu.com and urbanjuve.com, Better Plant sells plant-based personal care products, including skin care, hair care, body care and baby care. Jusu also has a line of plant-based all-natural home cleaning products that are sold to cleaning companies, retailers and sold directly to consumers. Better Plant also offers operational, financial, and other services to companies with businesses that align with Better Plant’s mission to help create a better world. Better Plant incubated NeonMind Biosciences Inc., which sells medicinal mushroom infused coffees and is developing drugs with psychedelic ingredients to treat obesity and to suppress appetite.

For more information on Better Plant, visit betterplantsciences.com or follow @betterplantsciences on Instagram.

Penny White, President & CEO
penny@betterplantsciences.com

1-833-515-2677

Investor Relations:
Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

Sales Inquiries:
Amber Allen, Head of Sales

amber@betterplantsciences.com

604-808-8118

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen. Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets. Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81263

Hipther Agency Prepares For A Marathon Of Virtual Meetups On 3 Continents In Sports Betting, Casino, Esports, Blockchain, Artificial Intelligence, Fintech, Fashiontech, Edtech, VR/AR, and more

0

 

The #hipthers are preparing for a busy period during which they are hosting 10 virtual meetups for +15k participants from EuropeNorth America, and South America.

The short conferences and summits focus on some of the most talked-about industries and are powered by the agency’s media outlets.

It’s no secret that technology has exploded in 2021 and it has now clearly become a part of lives. Tech industries that were dormant for a while are now booming and being pushed by their users for more developments.

All these developments are also forming new partnerships and the virtual conferences have become platforms that help companies connect virtually and it seems that this is the way forward.

Hipther Agency has been among the first conference organizers that have shifted to just virtual events back in March 2020 and the team keeps growing its portfolio of conferences and content distribution network.

“We are very excited about the upcoming period and most importantly that our concept has proved its worth during Q1. Our team is working tirelessly on bringing even more decision-makers together in Q2 and combining our audiences from over 10 industries. We are also continuing with more product launches to help deliver our content to their right audience in a more seamless way,” stated Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency.

The meetups will focus on multibillion-dollar industries such as ports Betting, Casino, Esports, Blockchain, Artificial Intelligence, Fintech, Fashion tech, Edtech, VR/AR, and Gaming.

All meetups are free to attend. Kindly review the calendar per category below:

Sports Betting, Casino, Esports, Fantasy Sports, Lotteries

North America:

Europe:

Latin America:

Blockchain, Artificial Intelligence, Fintech, Fashion tech, Edtech, VR/AR, Mixed Reality, Wellness, Cyber Security, and Gaming

Europe and worldwide:

Hipther Agency is the parent brand of European GamingPICANTEWireUp Zone and Gaming Americas and the team is excited to invite interested parties to review their android news app on the Play Store.

To receive constant updates from Hipther Agency and conference agenda updates, subscribe here: http://eepurl.com/hfyZxf

For sponsorship/speaking inquiries, make sure to reach out to Andrada Marginean (B2B Sales Executive at Hipther Agency) on andrada@hipther.agency

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency) on alex@hipther.agency

In other news, Hipther Agency’s WireUp, a B2B networking platform, is booming

At the beginning of 2021, the team at Hipther Agency has launched WireUp, a social networking platform which enables like-minded professionals from several industries to connect online.

Offering a space to share ideas, create groups, video meetings, chat functions and conference hosting, the platform is also ideal for B2B companies looking to increase their brand exposure, as well as share their news, updates and services.

Providing users with a Facebook and LinkedIn inspired UX, WireUp, has been developed to be as intuitive and user-friendly as possible to deliver a first-class networking service tailored to the ongoing business environment.

The profile-creation process has been designed to be instantly seamless, all content from WireUp can also be shared externally across social channels, as well as allowing users to share posts via WhatsApp.

WireUp’s Business suite will also allow brands to post their own content via the platform, as well as a series of premium advertising options. From 2021, companies will also be able to host their own webinars, as well as virtual conferences.

Already beta-tested, WireUp first went live during the Hipther Festival in October, with user feedback rigorously analysed and applied via the enhancement of the platform’s code and UI.

Hipther Agency plans to continue rolling out a host of features and functionalities through 2021 and beyond, as well as offering access to its roster of hugely popular conferences and the ability to interact with speakers and other participants.

To sign-up to the WireUp networking platform, please visit: https://wireup.zone/

Hipther Agency press contacts:

Zoltan Tuendik, Head of Business
zoltan.tundik@hipther.agency, +40 735 559 234

Alex Marginean, Marketing Specialist
alex.marginean@hipther.agency, +40 731 394 220

420 Cannabis Hoilday Retail Traffic Up 10% in 2021

0

 

Cannabis retail traffic was up 9.5%, and sales rebounded 8.4% year-over-year on 4/20, according to Cova Software, the largest Cannabis Point of Sale (POS) company in North America. While major outages plagued several big POS systems, Cova reported its 4th straight year of perfect uptime (100%) and benchmark transaction speeds (1.4 seconds). During peak hours on 4/20, Cova was processing 380 cannabis transactions per minute, and handled over 180,000 transactions for the day across 1,200+ dispensaries.

April 20th, the “Cannabis Holiday” has historically marked the marijuana industry’s biggest sales day of the year. However, when looking at the past 3 years, 4/20 fell on distinctively different climates. 2019 was a normal (non-COVID) year in which dispensaries in Canada and legal US States fought hard to be open by 4/20, and to procure the maximum amount of inventory to meet the surge in demand. They were rewarded with the biggest cannabis sales day ever.

Cannabis Retail Sales Bounce Back Despite Ongoing Pandemic

Last year saw a COVID shutdown of all retail businesses in March, followed by various re-openings of dispensaries by state or province in April. There were also restrictions on how cannabis stores could sell: via online order and curbside pickup, delivery only, and/or limited visitors into the dispensary. 4/20 2020 proved to be a better than average day but didn’t set any sales records.

4/20/21 was nowhere near a return to normalcy, as some municipalities were locked down for non-essential travel, while others were open for business but with 6-foot restrictions in place. Nevertheless, the industry saw an 8.4% increase in sales over 4/20/20, despite several US POS systems crashing amid the higher volume. This forced nearly 2,000 dispensaries to turn customers away for hours.

Cova CEO Gary Cohen, summarized 4/20/21, saying “Preparations for 4/20 last year were tentative, as our industry was just being recognized as essential. The supply of cannabis products was plentiful, but demand was a big question. It turned out there was huge demand from consumers and patients, and because of COVID relief checks in April, they had money to spend in dispensaries. This year, the relief was not timed around 4/20, but employment is higher, and access to stores easier. Overall, 2021 was a great 4/20.”

Based on Cova data, the daily lift in sales on 4/20 over average March daily sales has been: 2019 +240%, 2020 +78% and 2021 +89%.

The average invoice per transaction in the US was $76.26 USD, an increase of 9% over 2020. For Canada the average invoice was $52.48 CAD, a decrease of 2% from a year earlier. Dispensaries across North America saw 9.5% more traffic through their store this year, which is attributable to this April’s greater freedom to visit retailers in the US. In Canada, a surge in COVID cases, lag in vaccines, and more lockdowns by provinces created challenges for retailers. Despite that, Canadian cannabis stores processed 5% more transactions on 4/20.

A Thousand New Stores Celebrate their First 420

Year over year, approximately 1,000 new dispensaries opened (+20%) in North America. Several geographies greatly expanded dispensary counts and access to cannabis in the past 12 months, namely OntarioCaliforniaOklahoma, and Missouri (a new medicinal cannabis state in 2021). The better climate this year, and impact of these markets, helped to significantly propel overall sales for the cannabis holiday.