Wayland Group (CSE:WAYL) (FRANKFURT:75M) (OTCQB:MRRCF) (“Wayland” or the “Company”) wishes to make the following statements regarding recent market activity in its common shares traded on the OTCQB marketplace.
The Company has been asked to issue this release by OTC Markets to comment on certain continued promotional activities beginning on or around October 1, 2018. The Company became aware of certain continued promotional activity relating to its securities on October 8, 2018 upon receipt of correspondence from OTC Markets specifically related to certain promotional literature encouraging investors to purchase the Company’s common shares and making certain statements regarding the potential returns on such investment, including certain promotional newsletter emails. Until being informed by OTC Markets of the promotional material, the Company was unaware of the promotional activity and remains unaware of the full nature of the promotional activity and the extent of the dissemination. It is difficult to determine what impact the promotional materials have had on the trading activity in the Company’s common shares but the Company believes that, if anything, such materials have had a negative impact on the trading activity of the Company’s common shares given the lower than average volumes experienced recently on the OTCQB marketplace.
Upon reviewing the content of the material, it appears that certain statements and claims made were taken from the Company’s website, historical press releases and other public documents, but the Company had no editorial control over the content of the material. Furthermore, there are statements made which encourage investors to purchase the common shares of the Company, which only express the view of the authors and the Company disclaims any potentially exaggerated or misleading statements contained in the material. In addition, the Company has determined that certain statements included in these publications related to the Company and
Weekend Unlimited Inc., the issuer resulting from a Fundamental Change of Open Source Health Inc., has been approved for listing. Listing and disclosure documents will be available at www.thecse.com on the trading date. Weekend Unlimited Inc. is capitalizing on vast industry relationships to establish a portfolio of cannabis brands throughout North America and internationally. Weekend Unlimited’s brand portfolio includes geographic footholds in California, Washington State, British Columbia and Las Vegas, establishing a strong, versatile foundation for substantial growth. The product portfolio will be focused under the headings of flower, edibles and extracts. ________________________ Weekend Unlimited Inc., l’émetteur résultant d’un changement fondamental de Open Source Health Inc., a été approuvé pour inscription. Les documents d’inscription et de divulgation seront disponibles sur www.thecse.com à la date de négociation. Weekend Unlimited Inc. mise sur de vastes relations dans l’industrie pour établir un portefeuille de marques de cannabis en Amérique du Nord et à l’international. Le portefeuille de … Continue reading
Blox Labs Inc. (“BLOX” or “the Company”) (CSE:BLOX) (Frankfurt:BR1B), at the request of IIROC, wishes to clarify and expand upon its disclosure of the non-binding Letter of Intent (the “Agreement”) with Best Cannabis Products Inc. (“BCP”). While final terms of any definitive agreement remain subject to due diligence and final negotiations, the Agreement currently contemplates the Company issuing approximately 240,000,000 common shares in exchange for all of the common shares of BCP. This would be an arms-length transaction that would result in a change of control. There can be no assurance that the transaction will be completed as proposed or at all. BLOX and BCP will provide further disclosure by way of press releases and updates as such additional information becomes available. About Blox Labs Blox Labs Inc. is a technology development company focused on creating best-in-class software solutions driven by emerging trends in Blockchain, Smart Contracts and Decentralized Applications. BLOX … Continue reading
LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors. As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the public markets. As part of the continued coverage on the effects the legalization of recreational cannabis in Canada will have on the public sector the Investing News Network (INN) had the opportunity to sit down with Mark Noble, senior vice president of exchange traded fund (ETF) strategy with Horizons ETFs, on his expectations of legalization for investors. Noble said that investors should be aware of a potential downside immediately following legalization on October 17. However, he expressed a bullish sentiment for the global potential and the size of the gains that may become available to leading … Continue reading
In case you missed it, here is this week’s big news roundup for cannabis: ALQ Signs License and Share Exchange Agreement with Vulcan Enterprises 1933 Industries’ Infused MFG Reaches 80x Growth Milestone Emblem To Supply British Columbia And Saskatchewan Markets With High Quality Cannabis CROP Hemp-CBD Farm Enters Toll Processing Deal to Produce CBD Isolate as it Readies for Harvest FinCanna Investee ezGreen Compliance Launches Taxation Reporting Technology Naturally Splendid USA and NeutriSci Announce Expanded Binding Terms of Partnership and Added Distribution of HempOmega and Cannabidiol (CBD) Sublingual Tablets MYM Nutraceuticals Announces Filing of Final Base Shelf Prospectus Cannvas Signs LOI with Loop Media Group, Creators of Canada’s Largest Offers Platform Wayland Successfully Exports THC Distillate From Canada To Switzerland GTEC Holdings Announces Initial Cannabis Stores Scheduled to Be Operational in 2018 Flowr And Scotts’ Hawthorne Break Ground On First-Of-Its-Kind Cannabis R&D Facility Ascent Announces Strategic Alliance with Green Sage … Continue reading
Biome Grow (CSE:BIO) has launched its campaign on the Investing News Network’s Cannabis channel. Biome Grow is a Canadian cannabis company focused on building the next conglomerate for the country’s growing industry. The company is deploying a business model that focuses on local consumers and developing a regional presence in the underserved markets of Atlantic Canada. Through the company’s subsidiaries, Biome is working to establish unique consumer, regional and B2B brands, products and services that are overseen by a centralized management team. An integral part of Biome Grow’s business model is the placement of their wholly-owned subsidiaries, which service currently underserved regions in Canada. The company’s most advanced-stage subsidiary, Highland Grow, operates a 6,500-square-foot facility in Antigonish, Nova Scotia. Focused on consumer education, the company has partnered with St. Francis Xavier University for an R&D initiative and has acquired an educational virtual reality platform, Weed VR, which will be deployed in … Continue reading
The Flowr Corporation (TSXV:FLWR) was featured in an article by Global News regarding their upcoming ground breaking ceremony on their 50,000-square-foot R&D facility in Kelowna. In March of this year, Flowr and Scotts’ Miracle-Gro subsidiary, Hawthorne Gardening, formed a research and development alliance to test and develop cultivation systems and research genetics. Hawthorne will be funding the construction of the facility, which will reside next to Flowr’s 85,000-square-foot cultivation facility. According to the article, the ceremony will be attended by MP Stephen Fuhr, MLAs Norm Letnick and Steve Thomson, Kelowna mayor Colin Basran and Flowr, Hawthorne and Miracle-Gro executives. The facilities are expected to produce over 200 jobs in Kelowna. To view the full article, click here. Click here to connect with The Flowr Corporation (TSXV:FLWR) for an Investor Presentation. The post Flowr and Scotts’ Miracle-Gro are Breaking Ground in Kelowna appeared first on Investing News Network. Continue Reading … Continue reading
MPX Bioceutical (CSE:MPX) announced the opening of a new dispensary location in Baltimore, Maryland. As quoted in the press release: The dispensay is operated by MPX’s indirect wholly-owned subsidiary, S8 Management LLC, through its management agreement with GreenMart of Maryland, LLC (“GreenMart MD”), which is authorized to operate and sell medical cannabis products in Maryland. This is the Company’s second dispensary in Maryland, following the opening of its flagship Health for Life dispensary in Bethesda, in August 2018. Health for Life Baltimore is open to patients Sunday through Saturday. The dispensary, which follows MPX’s southwest dispensary staples of copper accents, rustic wood paneling and navy blue walls, is set to welcome upwards of 100 patients during opening week, with trained consultants readily available to advise on all things cannabis. Maryland residents, who are approved medical cannabis patients, will have access to flower, topicals, concentrates and other forms permitted under Maryland regulations. … Continue reading
Blox Labs Inc. (CSE:BLOX, FWB:BR1B) announced last week that it was beginning a review of potential strategic acquisitions, with a specific focus on transactions within the legal cannabis sector, and it seems that they may have already secured a unique and potentially profitable opportunity. Perhaps coincidentally, in anticipation of the upcoming legalization of recreational cannabis in Canada on October 17th, just this week, BLOX entered into a non-binding Letter of Intent with Best Cannabis Products Inc. (BCP), a privately held Canadian company that is backed by successful repeat entrepreneurs who are now turning their attention to the cannabis space. Pursuant to the agreement, and subject to finalization of mutual and customary due diligence and regulatory approval, BLOX may acquire all of the issued and outstanding securities of Best Cannabis Products Inc. (BCP) in exchange for securities of BLOX. After recently completing a private financing round, BCP secured a state of … Continue reading
ALQ, Vulcan Enterprises US, Ltd. (CSE: ALQ) (“Vulcan”) and two of Vulcan’s shareholders (the “Vulcan Shareholders”) entered into a share exchange agreement (the “Share Exchange Agreement”), whereby ALQ agreed to issue 50,700,890 common shares on a post-consolidated basis (the “Payment Shares”) to the Vulcan Shareholders in exchange for 5,000,000 common shares of Vulcan, representing approximately 5% of the issued and outstanding common shares of Vulcan. Vulcan Enterprises owns and operates the Ignite brand among other ventures. As of October 12, 2018, ALQ had 80,962,458 common shares issued and outstanding and it is required to issue 24,578,170 pre-consolidated common shares (the “Obligation Shares”) immediately following the proposed consolidation of common shares of ALQ on the basis of one post-consolidated common share of ALQ for every two pre-consolidated common shares of ALQ issued and outstanding (the “Consolidation”), which is described in ALQ’s Amended and Restated Listing Statement (the “Listing Statement”) that it intends to file concurrently … Continue reading