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Relevium’s Biocannabix Positions Itself as an Important Player in Colombia as it Pursues Endo-Medical Cannabis Strategy for Latin America
TORONTO, June 26, 2019 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) today announced the results of its 2019 Annual Shareholder Meeting ("AGM") held on June 25, 2019 in Toronto, Ontario. Shareholders approved the election of five nominated directors, the appointment of Baker Tilly WM LLP as the Company's auditors (98.6% in favour) and the continued use of the Company's stock option plan (81.0% in favour).
Directors elected by shareholders include:
Outcome of Vote
VANCOUVER, June 26, 2019 /CNW/ - Pasha Brands Ltd. ("Pasha") (CSE: CRFT) (OTC:CRFTF) is pleased to announce the addition of three well-respected cannabis experts to the growing Pasha family: Scientific researcher Dr. Cris Felipe Alves, second-generation cultivator and consultant Travis Lane, and lifelong cultivator Kemal Morris.
As a solution provider to the craft cannabis industry, Pasha subsidiary BC Craft Supply Co. Ltd. ("BC Craft Supply") aims to provide cannabis farmers with the tools to transition to new regulations governing the micro-cultivation licence category. These experts will assist farmers in making that transition.
"I'm thrilled to have these experts join our team, and, with their support, I look forward to disrupting the market with craft products that will help solve Canada's ongoing supply chain issues," said Patrick Brauckmann, Executive Chairman of Pasha Brands. "With these additions to the Pasha family, I'm confident that enthusiasm for craft products will continue to grow."
Dr. Cris Felipe-Alves has worked in academic and commercial settings in Australia, Asia, and North and South America, and holds a B.Sc in Biological Sciences from the University of Brasília, and a PhD in Molecular Biology and Biochemistry from Nagoya University. While working as a senior scientist at a global diagnostics company, he led a team of researchers from discovery to R&D and sales of molecular tools designed to detect cancers non-invasively. During this time, he became interested in the potential for cannabis as a curative agent against several types of cancer. Since then, he has worked as an extraction specialist and a Quality Assurance Manager. He will act as the Senior Quality Assurance Person at BC Craft Supply.
"Here at Pasha, I feel at home and am proud to be part of a brand house that has a focus on craft products," said Dr. Felipe-Alves. "I look forward to helping Pasha generate safe and efficient cannabis-based products that suit the needs of both recreational and medical consumers both in Canada and around the world."
Cannabis Education Platform Revealing Key CPG Market Insights For Industry
TORONTO, June 26, 2019 /CNW/ - Cannvas MedTech Inc. ("Cannvas" or the "Company") (CSE: MTEC) (Frankfurt: 3CM) (OTCPK: CANVF), a global digital cannabis education and analytics company, is pleased to announce significant growth in the digital traffic to its cannabis education platform Cannvas.Me, an unbiased evidence-based cannabis education resource providing physician-backed and educator-approved cannabis learning on all aspects of the plant with no pressure to purchase or consume. Cannvas is also pleased to share recent company updates across a series of initiatives and strategic partnerships.
In April, Cannvas announced a definitive partnership with Seed Technology, a California-based interactive customer-focused cannabis education platform, granting Cannvas exclusive Canadian rights to distribute co-branded kiosks and related technology to medical clinics and retailers across Canada. Cannvas Kiosks have been well-received by existing partners, including Empower Clinics (CSE: CBDT) (FRA: 8EC) (OTC: EPWCCF), a network of physician-staffed medical clinics in Arizona, Illinois, Nevada, Oregon and Washington State actively treating more than 165,000 patients, with whom Cannvas signed a definitive partnership to be its exclusive cannabis education provider and data and analytics partner through the installation of on-site Cannvas Kiosks. Cannvas and Seed continue to work closely together on various initiatives in the Canadian and U.S. markets actively moving towards international markets expansion in the near future.
In May, Cannvas officially launched its digital cannabis education resource for animals, Cannvas.Pet. Powered by the Cannvas.Me and Cannvas Data platforms, Cannvas.Pet explores health care through cannabis-based products to help treat a pet or animal's ailments. With a focus on American audiences, Cannvas.Pet expects to be a leader in an industry in which, according to BDS Analytics, sales of cannabis-related products for pets at dispensaries in California, Colorado, Oregon and Washington was nearly $7 million in 2017. In Colorado alone, sales of pet products grew 49 per cent that year, while all other product categories only reached 15 per cent growth. Interest in the platform has been significant north of the border as well, especially in light of Health Canada's recent announcement regarding "Cannabis Health Products", a new category of cannabis that could potentially open up a huge market in which marijuana is used for the therapeutic treatment of animals for minor ailments.
In the coming weeks, Cannvas anticipates the appointment of several prominent Canadians and Americans to newly-formed Advisory Boards helping guide the content and direction of its digital education properties. To date in 2019, Cannvas has added several high-profile names to its Advisory Boards:
TORONTO, June 26, 2019 /CNW/ - Trulieve Cannabis Corp. ("Trulieve", the "Company", or the "Corporation") (CSE: TRUL) today announced the results of its annual general meeting of shareholders held on June 24, 2019 (the "Meeting").
The Company put forward the following resolutions to be voted on by shareholders at the meeting, all of which were approved: (i) to elect the Directors of the Corporation for the ensuing year; and (ii) to appoint MNP LLP as the Auditors of the Corporation for the 2019 fiscal year and authorizing the Directors to fix their remuneration.
A total of 165,541,650 of the 181,145,468 outstanding votes1 of the Company as at the record date voted at the meeting, representing 91.39% of outstanding shares.
Election of Directors:
Each of the directors elected at the Meeting, being Kim Rivers, Thad Beshears, George Hackney, Richard May, and Michael O'Donnell will hold office until the next annual general meeting of the Company or until their earlier resignation or removal. Detailed results of the vote for the election of directors are set out below.
/NOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./
CALGARY, June 26, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI) (OTCQB:HITIF) (FRA:2LY), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it recently upgraded its Grasscity online smoking accessories business from the original Magento e-commerce architecture to the powerful Magento 2 platform ("M2"). Developed in partnership with Vaimo AB, an omnichannel global agency that helps clients drive success in digital commerce, the re-launched Grasscity website utilizes M2's increased customization, enterprise-level scalability and a relational database management system to provide its 5.8 million annual visitors with a vastly improved online shopping experience.
As part of upgrading to the M2 platform the Company also improved Grasscity's warehouse management system, which is designed to reduce processing times and error rates, thereby increase shipments for faster delivery times to customers around the world. "We are excited to reap the benefits of this significant investment in Grasscity as the most searchable online retailer of smoking accessories. Our team is pleased to offer shoppers a faster, safer and better overall experience as they make purchases from the world's oldest and most popular online headshop," said Raj Grover, President & Chief Executive Officer of High Tide. "The Grasscity team will now be able to create content more efficiently, cross-sell products more easily and implement promotional campaigns regionally, while benefitting from stronger search engine optimization," added Mr. Grover. The completion of Grasscity's migration to M2 also provides users with improved mobile usability.
Separately, the Company issued 1,002,358 common shares to an arm's length third-party as a finder's fee in relation to a transaction involving a retail cannabis business. High Tide also recently authorized the issuance of 200,000 common shares in aggregate to certain members of senior management, assessed as a bonus at the discretion of the Board of Directors and awarded based on their performance over the past year. Lastly, the Company authorized the issuance of 138,887 in aggregate to the independent members of the Board of Directors as compensation for their services over the past year.
About High Tide Inc.
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/
EDMONTON, June 26, 2019 /CNW/ - Fire & Flower Holdings Corp. ("Fire & Flower" or the "Company")(1) (TSXV: FAF), today announced its financial and operational results for the thirteen weeks ended May 4, 2019.
Financial and Operational Highlights for the thirteen weeks ended May 4, 2019
Subsequent Financial and Operational Highlights post May 4, 2019
Fourth new U.S. market entry announced in 2019
TORONTO, June 26, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a robust portfolio of renowned brands, has announced a new strategic partnership with licensed processor Elite Cultivation LLC ("Elite") to offer its branded cannabis products to patients throughout the State of Oklahoma.
Pursuant to the partnership, Elite has been granted a license in Oklahoma to produce and distribute the SLANG product suite in Oklahoma, including its category-leading products O.penVAPE, Pressies, District Edibles, Bakked, and Magic Buzz. SLANG will receive royalty payments for each branded product sold in the state.
Oklahoma legalized cannabis for medical use in 2018 and has seen rapid growth in licensing activity. More than 138,000 registered patients and 1,500 licensed dispensaries have been approved by the State as of June 17, 2019. Historical Oklahoma medical cannabis sales topped $23 million in May 2019, based on recent reports from the Oklahoma Tax Commission.
"We are pleased to be able to offer our products to medical cannabis patients in Oklahoma," said SLANG CEO Peter Miller. "We have demonstrated that we can be flexible in structuring our relationships with partners as we enter a new state, depending on the circumstances of the local market. Our expansion continues to be executed in a very capital efficient manner, with the goal of growing our branded unit sales."
DENVER, June 26, 2019 /CNW/ - Dixie Brands Inc. ("Dixie" or "the Company") (CSE: DIXI.U), (OTCQX: DXBRF), (Frankfurt: 0QV), one of the cannabis industry's leading consumer packaged goods companies, has announced that its subordinate voting shares will commence trading on the OTCQX® Best Market beginning today, under the symbol DXBRF. While the Company currently trades under the symbol "DXBRF," it has submitted a request to FINRA to change its symbol to more closely align with its CSE trading symbol, DIXI.U.
Dixie also announced that its shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC services provide cost benefits for investors and brokers trading Canadian securities in the United States.
"Trading our shares in our home market, where Dixie's brand recognition is strongest and most of our earliest investors reside, is an important step for our company," said Chuck Smith, President and CEO, Dixie. "We expect the trading on OTCQX and DTC eligibility to enhance our liquidity and exposure in U.S. capital markets as we continue to execute on our growth strategy."
The OTCQX® Best Market offers established companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Investors benefit from convenient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and meet certain other requirements. Investors can find information and trading statistics on Dixie at https://www.otcmarkets.com.
ABOUT DIXIE BRANDS, INC
VANCOUVER, June 26, 2019 /CNW/ - Zenabis Global Inc. (TSX: ZENA) ("Zenabis" or the "Company") announces the results of matters voted on at the annual general and special meeting of shareholders of the Company held in Langley, British Columbia on June 25, 2019.
The number of directors of the Company were fixed at seven (7). Detailed results of the vote are as follows: