Cannabis
High Tide Secures Jane West Brand License for Consumption Accessories
High Tide Inc. (“High Tide” or the “Company“) (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that its wholly-owned subsidiary, Valiant Distribution Canada Inc. (“Valiant”), has signed a trademark license agreement with JW Homegoods, LLC to use the “Jane West” and “JW” trademarks for a term of 2 years (the “Jane West License”). Jane West is a high-profile American cannabis activist, influencer and founder of her global lifestyle brand. The Jane West License grants Valiant the right to manufacture, promote, advertise, distribute and sell certain types of consumption accessories in Canada, the United States, the United Kingdom and the European Union.
The royalty-based merchandising agreement includes the production of vaporizers, glass filtration devices, grinders and rolling trays, among other items. “We are excited to launch Jane West-branded products into the international legal smoke shop market as soon as possible, following the success of her established glassware line that has been widely distributed across North America,” said Andy Palalas, Chief Revenue Officer of High Tide. “As the founder of Women Grow, creator of her popular glassware line and developer of a rapidly growing set of packaging partnerships, Jane is a visionary and we will be privileged to work alongside her to develop her next line of consumption accessories,” added Mr. Palalas. Under its wholesale business segment, High Tide expects to design and distribute these new products as part of the established Famous Brandz line of consumption accessories, which currently includes the brands of Snoop Dogg Pounds, Cheech and Chong’s Up In Smoke, Trailer Park Boys, Jay and Silent Bob, Guns N’ Roses and more.
Furthermore, the Company has also approved the grant of 16,200,000 stock options to purchase Shares to certain directors, officers, consultants and employees. The options have an exercise price of $0.20 per common share and have a term of 3 years. Subject to the terms and conditions of the Company’s Stock Option Plan, which was approved by shareholders of the Company at its annual general and special meeting held on July 24, 2019, the options shall vest: (i) 25% on the grant date; (ii) 25% on the first anniversary of the grant date; (iii) 25% on the date that is 18 months following the grant date; and (iv) 25% on the date that is the second anniversary of the grant date.
Cannabis
Hemp, Inc. Announces Significant Progress in Hemp Seed Meal Approval for Laying Hen Diets
Cannabis
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors
Cannabis
The Blinc Group Reveals “Bijou”: A Leap Forward in Cannabis Vaping Technology
-
Cannabis2 weeks ago
TILT Holdings Reports Fourth Quarter and Full Year 2023 Results
-
Market2 weeks ago
Cannabis Packaging Market surpass $13.17 billion by 2030 – Exclusive Report by Coherent Market Insights
-
Cannabis2 weeks ago
Rick Simpson Oil California Introduces RSO Suppositories A New Path to Wellness Through Direct Absorption
-
Innocan2 weeks ago
Innocan Pharma Announces Closing of Private Placement for Gross Proceeds of Approximately C$2 Million
-
Cannabis2 weeks ago
Tilray Wellness Introduces New Superfood Products Powered by Hemp at Expo West
-
Cannabis2 weeks ago
Right On Brands, Inc. Continues Impressive Rollout, Announces 12th Store Opening
-
Cannabis2 weeks ago
BRIGHT GREEN ANNOUNCES ITS EXPANSION CONTINUATION WITH A $100 MILLION SOLAR POWERED GENERATION FIELD TO SUPPLY HEAT AND ELECTRICITY TO ITS DRUG PRODUCTION AND MANUFACTURING FACILITY.
-
Cannabis1 week ago
SciSparc Granted Another Patent, Strengthening its Core Technology in Canada