Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) (“Xanthic” or the “Company”) (CSE: xTHC) and Green Growth Brands Ltd. (“GGB”) are pleased to announce they have entered into an arm’s length business combination agreement (the “Definitive Agreement”) dated July 13, 2018 to combine Xanthic and GGB by way of amalgamation (the “Amalgamation”) between GGB and a wholly-owned subsidiary of Xanthic (“Subco”) to form one company as a wholly-owned subsidiary of Xanthic (the “Business Combination”).
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GGB is a lifestyle oriented, consumer products company that celebrates health, wellness and happiness. GGB is focused on the medicinal and recreational cannabis sector in both the United States and Canada and is the parent company of the CAMP brand. GGB is led by the widely-renowned retailer Peter Horvath. The Business Combination represents the initial step in GGB’s strategy to grow its international footprint, through partnerships with cannabis cultivators and processors across Canada and the United States. While GGB’s principal focus will be to build a retail network, it will leverage Xanthic’s expertise in the science of tetrahydrocannabinol (“THC”) and cannabidiol (“CBD”), the two key active ingredients in cannabis.
Following completion of the Business Combination, current shareholders of GGB will hold approximately 86% of the common shares (the “Resulting Issuer Shares”) of the resulting issuer (the “Resulting Issuer”) (excluding any Resulting Issuer Shares that become issuable pursuant to the terms of the Debenture Private Placement and the Subscription Receipt
Tree of Knowledge International Corp. (CSE: TOKI) (OTC: TRKWF) recently began trading on the Canadian Securities Exchange, or CSE, following the reverse merger of Courtland Capital Inc. by private Nevada company Tree of Knowledge Inc. Investors interested in capitalizing on the growing demand for cannabidiol (CBD) from hemp-based sources may want to take a closer look at the company — particularly given its strong management team and advisory board. According to the Hemp Business Journal, U.S. hemp-based product sales could reach nearly $2 billion by 2022, making it one of the fastest growing segments in the burgeoning cannabis space. Unique Focus on Hemp-based CBD Since its start in 2011, Tree of Knowledge has grown to become a leading producer and distributor of CBD rich hemp oil, capsules, tinctures, salvation balms, and other hemp-based products designed to provide consumers with a high-quality source of cannabidiol (CBD) — even in jurisdictions where … Continue reading
Marijuana Stocks: Tilray Set To Become First US Marijuana IPOInvestor’s Business DailyOver the past several months, Canadian marijuana companies have had an easier time listing on U.S. exchanges, which don’t necessarily exempt marijuana companies if their business is legal in the nation where they’re based. Medical marijuana is already …This Under-the-Radar Ancillary Marijuana Stock Just Reported a Near-Tripling in Q3 SalesMotley Fool all 15 news articles Continue Reading … Continue reading
The Green Organic Dutchman Holdings (TSX:TGOD) announced the opening of its first cannabis retail store in Jamaica in partnership with Epican Medicinals. As quoted in the press release: This flagship location provides Epican and TGOD with immediate revenue from the sale of premium Jamaican grown organic cannabis and further exemplifies TGOD’s value-added approach to partnerships. The ~4,000 [square feet] flagship dispensary in Kingston represents the first of several Epican Herb Houses scheduled to be completed across Jamaica by the end of 2018. These locations will serve the medical needs of Jamaica’s 3 million residents and over 3.5 million visitors each year. “Immediate revenue has always been an important component of Epican business plan,” said TGOD CEO, Brian Athaide. “We expect Epican to increase revenues significantly in the coming months as production increases and more Herb Houses come online.” Click here to read the full press release. The post TGOD Opens … Continue reading
MPX Bioceutical Corporation (CSE:MPX) announced it obtained the final licensing approval from the Maryland Medical Cannabis Commission to open its first dispensary managed by subsidiary S8 Management. As quoted in the press release: The dispensary, which is owned by Budding Rose Inc., will operate under the Company’s “Health for Life” brand. The Health For Life dispensary is located at 4909 Fairmont Avenue, Bethesda, Maryland and will welcome its first patients on Saturday, August 4, 2018 offering special deals throughout the day. The dispensary is equipped to service hundreds of patients per day and has a top-of-the-line point of sale system to serve patients efficiently and adhere to state reporting requirements in real time. It is located in a high-traffic area of downtown Bethesda, Maryland, in close proximity to the Walter Reed Military Medical Center and National Institutes of Health. Bethesda, Maryland is located within the Capital Beltway and is one of the … Continue reading
Khiron Life Sciences Corp. (TSXV:KHRN), a Canadian integrated medical cannabis company with its core operations in Colombia, announced today that the Company has appointed former President of Mexico Mr. Vicente Fox Quesada to its board of directors, effective immediately. Mr. Fox will be a strategic advisor and brand ambassador for the Company, furthering the Company’s education and brand leadership interests across Latin America. From December 2000 to November 2006, Mr. Fox was the 55th President of Mexico. Prior to that, he was the Chief Executive Officer of Coca Cola Latin America. Mr. Vicente Fox, former President of Mexico joins Andres Galofre, Co-founder and Commercial Vice President, Khiron life Sciences, along with Dr. Daniel Schecter, Khiron Senior Medical Advisor, Maria Fernanda Arboleda, Khiron Medical Director, and Anna Maria Borda, Khiron Scientific Research Manager, at CannaMexico 2018. (CNW Group/Khiron Life Sciences Corp.) Mr. Fox is the Founder of Centro Fox, a nonprofit foundation dedicated to serving communities in Mexico and Latin America. Through his … Continue reading
Alliance Growers (CSE: ACG) (“Alliance Growers” or the “Company”) is pleased to report that the Company has just completed a highly successful investor roadshow in Toronto, Ontario. Following the Company’s successful roadshows in Vancouver, Montreal and Toronto in June, Alliance was invited back to Toronto this last week to discuss certain business opportunities that round out the Company’s medical cannabis business model by adding the clinic/pharmacy component. The meetings in Vancouver, Montreal and Toronto in June and July, featured an array of interested parties including fund managers, brokers and high net worth investors. Validation of the Alliance Business Model In addition to the strong financing interest, and certain unexpected perfect-fit, business development opportunities, the meetings consistently validated the Company’s business plan, most specifically the provision of tissue culture plantlets and other valuable services to cultivators across Canada via the Cannabis Biotech Complex. Alliance Growers has been building a diversified global … Continue reading
Cannvas MedTech (CSE:MTEC), a leading business technology company within the cannabis space, is pleased to announce the appointment of Radu Puscasu as Data Protection Officer. With over 14 years of experience, Radu has been heavily involved in creating meaningful customer relationship experiences through secure technology. He has held senior roles at Bell Media, TD Bank Securities (Equity Derivative Solutions and Data Management Services), and Pitney Bowes and has worked with client companies such as Takeda, AstraZenaca, Pfizer, and Novartis. Cannvas is also pleased to announce its intention to expand into Germany, one of the fastest growing medical cannabis marketplaces in the world. The country has fully embraced medical cannabis as a legitimate, doctor-prescribed, insurance-paid, and pharmacy-provided medical and healthcare product. “As part of our expansion into Germany and the European Union, I am very pleased to announce the appointment of Radu Puscasu to the role of Data Protection Officer,” said Steve Loutskou, Chief Operating Officer, Global Markets of … Continue reading
CROP Infrastructure Corp. (CSE:CROP, OTC:CRXPF) (“CROP” or the “Company”) announced today that it has completed the retrofit and upgrades at its ‘The Park’ state-of-the-art facility in Washington State. Crop’s licensed tenant grower there has now advised that it expects to harvest an initial 350 pounds of high quality cannabis within six weeks and will be at full scale production in September 2018. The Park cannabis greenhouse is 35,000 sqft and sits on approximately nine acres of land. The facility recently underwent a complete retro-fit for hydroponic automation and the addition of 500 Gavita HPS grow lights. The greenhouse facility has five flowering bays that are designed to yield, at full scale production, approximately 12,000 pounds of high quality cannabis annually (~1,000 pounds per month). The facility requires no additional capex for upgrades in order that the tenant may reach full commercial production. CROP Infrastructure Director and CEO, Michael Yorke, stated: “With … Continue reading
Maricann Group Inc. (CSE:MARI; FWB:75M; OTCQB:MRRCF) (“Maricann” or the “Company) is pleased to announce that Malta Enterprise (the country’s official economic development agency and the government entity responsible for licenses) has approved Maricann’s application to set up a business in Malta to manufacture finished dose medical cannabis. This license allows Maricann to supply its Maltese operation with raw materials that will then undergo advanced post processing to create pure cannabis distillates, allowing for true pharmaceutical manufacturing. Commercial production of distillates is integral for the Company, as it advances the timeline for delivery of its full suite of products to those European markets where such products are legal. “Maricann continues its path of organic growth and value acquisitions throughout the European Union, accessing key markets for differentiated products through Malta,” commented Ben Ward, CEO. “We will continue to implement our template for success across Europe, as we expand from operations in … Continue reading