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Cooper Tire Awards Annual Roy V. Armes and Centennial Scholarships

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Six students receive awards from national scholarship programs
benefitting children of Cooper employees

FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company today announced that six high school
seniors have been selected to receive scholarships to pursue higher
education. The Roy V. Armes Scholarship, in the amount of $5,000, and
five Cooper Centennial Scholarships, in the amount of $1,000 each, were
awarded.

The Roy V. Armes Scholarship was established in 2016 to honor former
Cooper Chairman, Chief Executive Officer and President, Roy Armes, upon
his retirement. Armes served Cooper for nearly a decade, and this fund
was created in recognition of his contributions and achievements. The
scholarship is focused on high-achieving students who will attend a
four-year institution of higher learning to pursue careers in business
or engineering and goes to the child of a Cooper employee in the United
States.

The recipient of the Roy V. Armes Scholarship is:

  • Kaleb Manley —Kaleb is the 18-year-old son of Larry Manley,
    Control Room Operator for Cooper’s Texarkana plant, and his wife,
    Alicia. He is a graduate of Arkansas High School in Texarkana,
    Arkansas and is pursuing a degree in mechanical engineering at the
    University of Arkansas. Kaleb was a four-year member of Student
    Council, serving as President his senior year, and a member of the
    National Honor Society, Robotics Club and Tobacco Prevention Club. He
    was a letter-winner in soccer and played football. Outside of school,
    he has served as a volunteer for the Special Olympics, was a delegate
    to Arkansas Boys State, has been an active member of his church, and
    held a job averaging more than 20 hours per week.

The Cooper Centennial Scholarship is in its fifth year and was
originated to commemorate the company’s 100th anniversary in
2014. The scholarship is available to the children of Cooper employees
in the U.S. who are outstanding high school seniors who will pursue
degrees at a college, university or technical school.

Centennial Scholarship recipients are:

  • Benjamin Howard—Benjamin is the 18-year-old son of Fleet
    Services Senior Specialist Marybeth Howard, who is based at Cooper’s
    Findlay headquarters, and her husband, Doug. He is a graduate of
    Findlay High School in Findlay, Ohio and intends to study
    biochemistry/pre-dentistry at The Ohio State University. An active
    student-athlete, Benjamin was a four-year member of the basketball and
    baseball teams and served as team captain of both. He also
    participated in soccer and was a member of the National Honor Society
    and Student Athletic Leadership Team. He has volunteered with the West
    Ohio Food Bank, American Cancer Society Relay for Life, Salvation Army
    Red Kettle Campaign, American Red Cross blood drives and multiple
    youth basketball and baseball camps.
  • Madelin Kreinbrink—Madelin is the 18-year-old daughter of Rod
    Kreinbrink, Manufacturing Reliability Director, who is based at
    Cooper’s Findlay headquarters, and his wife, Heather. She is a
    graduate of Findlay High School in Findlay, Ohio, where she ranked
    first in her class. She intends to study nursing at The Ohio State
    University. Active in music, Madelin was a four-year member of show
    choir, including three years as part of Findlay First Edition and one
    year as a member of Voices in Perfection. She was a member of Teen
    Leadership Corps, the National Honor Society, Junior Statesmen of
    America and served as a delegate to Buckeye Girls State. Madelin was
    also active as a member of her church youth group and served as part
    of the youth board.
  • Alyssa Smith—Alyssa is the 18-year-old daughter of Jeff Smith,
    Tire Inspector at Cooper’s Texarkana plant, and his wife, ARhonda. She
    is a graduate of Arkansas High School in Texarkana, Arkansas, where
    she earned the honor of valedictorian. She intends to pursue a degree
    in engineering at the University of Arkansas at Little Rock. Alyssa
    was a four-year member of Student Council and the softball team. She
    has participated in Fellowship of Christian Students, Art Club, and
    Interact Service Club. She also has been an active member of her
    church ministry team and volunteered for Special Olympics, Harvest
    Texarkana Food Bank, Susan G. Komen Race for the Cure, and the Tim
    Tebow Foundation’s Night to Shine.
  • Lillian Swails—Lillian is the 18-year-old daughter of David
    Swails, Millwright at Cooper’s Findlay plant, and his wife, Lisa. She
    is a graduate of Arlington High School in Arlington, Ohio and intends
    to pursue a degree in environmental safety and occupational health at
    the University of Findlay. Lillian was a four-year member of the
    Arlington All-Brass Band, FFA and participated in numerous school
    plays and musicals. She was a member of both the National Honor
    Society and Science National Honor Society. Outside of school, she was
    a six-year member of 4-H and participated in Junior Fairboard and
    Hancock County Junior Leadership. Lillian has volunteered for several
    years with the Arlington Village Festival.
  • Jacob Tackett—Jacob is the 18-year-old son of Chad and Tracy
    Tackett. Chad is the Mold Shop Supervisor for Cooper’s Findlay plant
    and Tracy works as a Graphic Designer at Cooper’s Findlay
    headquarters. He is a graduate of Riverdale High School in Mt.
    Blanchard, Ohio, and intends to study engineering technology at Owens
    Community College. Jacob was a four-year member of his school’s
    industrial arts program and participated in baseball, basketball and
    golf, serving as captain of the golf team. He was an active member of
    Boy Scouts of America, holding many leadership positions and earning
    Eagle Scout rank. He was also active in his church youth group and
    operated a part-time firewood business.

“This very deserving group of scholarship winners has not only excelled
in the classroom, but has served as student leaders, been active members
of their communities and held part-time jobs while in school. We are
proud to support them with scholarships from Cooper,” said Brad Hughes,
President & Chief Executive Officer. “I congratulate these exceptional
students and their families, and wish them the best as they pursue
continued education toward their career goals.”

Cooper’s scholarship program is administered by the Findlay-Hancock
County Community Foundation, an independent philanthropic agency that
manages nearly 400 funds, including 115 scholarships. To be considered
for these awards, each student is required to submit an application and
essay. An independent committee then selects the winners. This year, six
students were selected from among 40 qualifying applicants nationwide.

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a
global family of companies that specializes in the design, manufacture,
marketing and sale of passenger car, light truck, medium truck,
motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio,
with manufacturing, sales, distribution, technical and design operations
within its family of companies located in more than one dozen countries
around the world. For more information on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire
or www.twitter.com/coopertire.

Contacts

Anne Roman
419.429.7189
alroman@coopertire.com

Cannabis

Sunniva Announces Closing Of Third Tranche Of Short Term Bridge Financing For Proceeds Of Cad $325,000

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Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that it has closed the third tranche of the Company’s non-brokered private placement (the “Offering“), previously announced on August 1, 2019 of CAD $325,000 for a total of 325,000 units of the Company (“Units“). In aggregate the total gross proceeds raised by the Offering was CAD $7.57 million and 7.57 million Units issued. Each Unit consists of a principal amount of unsecured promissory notes of the Company (“Promissory Notes“) and common share purchase warrants of the Company (“Warrants“).

As previously disclosed, proceeds of the Offering will be used to provide short term working capital for operations in California, capital costs at the Sunniva California Campus and general corporate purposes.

The Units issued under the Offering have the following terms:

Promissory Notes  

     Maturity: 

6 months from the closing date.

     Interest Rate:

10% (annual rate).

Warrants 

     Number of Warrants:   

0.40 Warrants per Unit (each Warrant entitles the holder to acquire one common

share of the Company at the Warrant Exercise Price).

     Warrant Exercise Price:  

CAD $2.50 per Warrant.

     Warrant Term:         

24 months from closing.

A finder’s fee of 5% payable in cash will be paid to certain investment advisors for introducing certain purchasers of Units to the Company.

The Promissory Notes and Warrants have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Promissory Notes or Warrants in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

For more information please visit: www.sunniva.com.

To be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts.mailto:

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 release.

 

SOURCE Sunniva Inc.

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Cannabis

INTERCURE: CANNDOC signs strategic distribution agreement with S.L.E. of TEVA Pharmaceuticals

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InterCure (TASE: INCR), announced that subsidiary Canndoc has entered into a strategic distribution agreement with Salomon, Levin, Elstein (S.L.E.,) which is owned by Teva Pharmaceuticals Industries (NYSE: and TASE: TEVA).

Under terms of the agreement, S.L.E. will distribute Canndoc’s GMP products to pharma clients, including hospitals, health maintenance organizations (HMOs) and all pharmacies in Israel, including pharmacy chains. In the future, as regulatory approvals allow, S.L.E. will provide logistics capability for exporting Canndoc’s products to countries that support regulations for the sale and distribution of cannabis products for medical use.

S.L.E. is one of Israel’s leading companies for providing health logistics services and distributes products from dozens of local and international companies. S.L.E. is licensed by the Israeli Ministry of Health, and also holds a GDP distribution license.

“Our agreement with S.L.E., Israel’s leading company in distributing medical products, creates a complete supporting platform for supplying Canndoc’s GMP products to any location in Israel and for countries with similar regulations,” said Canndoc’s Chairman Ehud BarakThrough its S.L.E. partnership, Canndoc has aligned itself with one of the most prominent pharmaceutical companies in the world, for the distribution of cannabis-based medical treatments to countries that recognize the value of these medicines for people in need.”

S.L.E. CEO Aviad Bossi adds, “The agreement brings together our well-established pharmaceutical distribution network with Canndoc’s high quality medical cannabis industry presence and market leadership. Beyond the operations in Israel, this agreement will provide Canndoc significant logistical capabilities that can support Canndoc’s exporting operations from Israel.”

The distribution agreement is set for a 3-year term and includes a mechanism for automatic extension periods of two years each.

Canndoc is one of the first licensed producers, with its GMP-approved medical cannabis Rx products being sold in pharmacies. The engagement in this distribution agreement will broaden Canndoc’s ability to distribute GMP products to its patients within the S.L.E. pharmacy network throughout Israel. In addition, S.L.E. will provide Canndoc significant logistical capabilities in the future supporting Canndoc’s ability to export its products to countries with consistent regulation for the sale and distribution of cannabis products for medical use.

 

SOURCE Canndoc

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Cannabis

Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP

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Westleaf Inc. (the “Company” or “Westleaf“) (TSX-V:WL) (OTCQB:WSLFF) is proud to announce its Prairie Records retail stores have been named top cannabis retailer in Canada at the GrowUP Conference & Expo. Singing a different tune in cannabis retail, the award win is a testament to how Prairie Records is offering Canadian’s a truly unprecedented purchasing experience.

“It is extremely gratifying to have Prairie Records be recognized at one of the industry’s largest events and to be able to stand out amongst a field of very worthy retail competitors,” says Adam Coates, Chief Commercial Officer at Westleaf and Retail Brand Strategist for Prairie Records. “We set out to make waves in a sea of sameness by creating an immersive experience like no other in the marketplace, and we are pleased and honoured to receive this, the first Grow UP Conference retail award.”

Ten companies were nominated in the Grow UP retail category at this year’s event, the first for the industry. Among the nominees were independent stores and well-known national chains. Prairie Records was recognized based on delivering an unparalleled consumer purchasing experience and creating a welcoming brand for cannabis consumers.

Westleaf has four Prairie Records stores open, three in the Saskatoon region and one in Calgary, which is hosting its grand opening tomorrow, September 14. The concept combines the tactile and immersive feel of a vinyl record store with a cannabis purchasing experience. Information about the cannabis strains and strengths are presented on album covers and the customer is enveloped in a warm and welcoming retail experience. The staff are well versed on the product offering and provide educational opportunities for both the experienced cannabis connoisseur as well as the novice consumer.

 

SOURCE Westleaf Inc.

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