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Tilray® erweitert Führungsteam in Europa, um globale Expansionsstrategie voranzutreiben

2019-02-07 08:00:00

Ehemalige Pharma-Führungskraft von Grünenthal tritt Tilray zur Verstärkung der Unternehmensposition in Europa bei

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

NANAIMO, British Columbia--(BUSINESS WIRE)--Tilray, Inc. (NASDAQ:TLRY), ein globaler Pionier bei der Produktion, Forschung, beim Anbau und Vertrieb von Cannabis, meldet die Expansion seines globalen leitenden Führungsteams durch die Ernennung von Sascha Mielcarek zum Managing Director für Europa.

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Tilray® Expands Leadership Team in Europe to Drive Global Expansion Strategy

2019-02-07 08:00:00

Former pharmaceutical leader from Grünenthal joins Tilray, strengthening the company’s position in Europe

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

NANAIMO, British Columbia--(BUSINESS WIRE)--Today, Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announces the expansion of its global senior leadership team with the appointment of Sascha Mielcarek as Managing Director, Europe.

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Tilray® élargit son équipe de direction en Europe en vue de stimuler sa stratégie d’expansion globale

2019-02-07 08:00:00

Un ancien chef de Grünenthal rejoint Tilray afin de renforcer la position de la société en Europe

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

Sascha Mielcarek, Managing Director, Europe, Tilray (Photo: Business Wire)

NANAIMO, Colombie-Britannique--(BUSINESS WIRE)--Tilray, Inc. (NASDAQ:TLRY), un chef de file international dans les domaines de la production, la recherche, la culture et la distribution de cannabis, annonce aujourd’hui l’expansion de son équipe de direction avec la nomination de Sascha Mielcarek comme Directeur général, Europe.

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GGB Beauty LLC Signs a Long Term Licensing Partnership with Authentic Brands Group and Greg Norman

2019-02-07 08:00:00

Greg Norman and Green Growth Brands Beauty to rollout CBD-infused personal care products

COLUMBUS, OH, Feb. 7, 2019 /CNW/ - GGB Beauty LLC, a subsidiary of Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (GGB or the Company) announces it has executed a licensing agreement (the Agreement) as of February 6, 2019 with Authentic Brands Group (ABG) and the Greg Norman brand. The Agreement is to develop a line of cannabidiol (CBD) infused personal care products designed for active adult men and women. As part of this arrangement, the Company will be working with Tilray Inc. (NASDAQ: TLRY) (Tilray) as the preferred supplier of the CBD ingredients to be used in these products.

This is the latest in a series of new developments related to GGB's pipeline of value-creating initiatives and strategic partnerships, including its recent distribution agreement with DSW Inc. Through its subsidiary GGB Beauty, GGB is well-positioned to maximize opportunities in the emerging CBD market following the recently adopted 2018 Farm Bill.

"I played professional golf for 40 years, hitting more than five million golf balls that have caused significant wear and tear on my body," said Greg Norman, World Golf Hall-of-Fame member. "Having been through it all, on the golf course and in business, I am thrilled to partner with GGB Beauty to distribute Greg Norman® CBD products throughout the country. GGB Beauty was an obvious choice as a partner, as the organization is laser-focused on providing high-quality products and the consummate retail experience for their customers across the United States."

ABG is a powerhouse brand development, marketing and entertainment company. In addition to the Greg Norman brand, its global portfolio of entertainment and lifestyle brands include icons Muhammad Ali, Marilyn Monroe, Elvis Presley, living legend Shaquille O'Neal, and world-famous fashion, street and active brands such as Nautica, Aéropostale, Nine West, Juicy Couture, Prince, Spyder and other sought-after brands. Launching Greg Norman products into this fast-growing U.S. CBD market aligns with ABG's strategic growth plan and the expansion of the Greg Norman brand, which is available in over 3,000 retail locations across the United States.

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CROP's Washington Tenant Farm 'Test Success' With Nine Strains now Approved for Sale

2019-02-07 08:00:00

VANCOUVER, British Columbia, Feb. 7, 2019 /CNW/ -- Crop Infrastructure Corp. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today its Washington State tenant's first crops have had successful test results.

The samples showed a range of Tetrahydrocannabolic Acid ('THCA') results and passed all tests for microbial impurities and no detectable pesticides. THCA is not directly used, but its presence is commonly analyzed when cannabis, or hemp-based products, are screened for THC. The tenant is now approved to begin selling the products in the Washington State market.

STRAIN

THCA

9 LB Hammer

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TrackLoop Strengthens California Presence Through Multi-year Distribution Deal in Rapidly Growing Cannabis Market

2019-02-07 08:00:00

VANCOUVER, British Columbia, Feb. 7, 2018 /CNW/ --

Key Highlights:

TrackLoop Analytics Corp. ("TrackLoop" or the "Company") (Canadian Securities Exchange: TOOL) (FRANKFURT: B2IP) (OTCQB: TLOOF) is pleased to announce that it is signing a multi-year distribution agreement (the "Distribution Agreement") with Volta Air Technology and Thermobile, a Southern California based delivery vehicle retrofitter, focusing on refrigerated delivery vans for multiple use cases and industries, including Cannabis and Food. The agreement will open a strategic sales channel for the Company in California, enabling it to scale the delivery of logistics and cold chain tracking technology in a key target market. The California logistics market, alongside Europe and Canada, represents a US$6.2 billion opportunity for the Company.

TrackLoop's real-time supply chain platform monitors temperature-controlled and highly regulated food products (fresh & frozen) in real time, securely and cost effectively, providing an enterprise grade solution to both large and small organizations.

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Lift & Co. Announces CannSell: Mandatory Certification for Ontario Cannabis Retailers

2019-02-07 07:00:30

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/

– In partnership with MADD Canada, Lift & Co. has developed CannSell, a mandatory training program for Ontario cannabis retailers and staff

– Pursuant to Ontario Law, the Alcohol and Gaming Commission of Ontario has approved CannSell as the sole approved training program for Ontario's private cannabis retailers

– CannSell launches on February 25, 2019 at cansell.ca

TORONTO, Feb. 7, 2019 /CNW/ - Lift & Co. Corp. (TSXV: LIFT) ("Lift & Co." or the "Company") is pleased to announce today that it has received a multi-year approval from the Alcohol and Gaming Commission of Ontario ("AGCO") Board for its new CannSell retail certification program, the only approved cannabis retail training program in the Province of Ontario. Pursuant to the Cannabis License Act and Ontario Regulation 468/18, all Ontario cannabis retail employees, holders of retail store authorizations and holders of cannabis retail manager licences, must be CannSell certified prior to legally working in the Province's cannabis retail stores.

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Cannara Biotech Enters Cannabinoid-Infused Beverage Product Category

2019-02-07 07:00:30

Partners with a Leading Quebec Microbrewery

MONTRÉAL, Feb. 7, 2019 /CNW/ - Cannara Biotech Inc. ("Cannara Biotech" or the "Company") (CSE: LOVE), a Montreal-based company that is building a vertically integrated cannabis company focused on cultivation and cannabis-infused products, today announced it has entered into a letter of intent with a leading Quebec microbrewery to develop cannabinoid-infused beverages. Following the regulations relating to edibles and beverages coming into effect next October, consumers will be able to purchase a variety of cannabinoid-infused beverages including non-alcoholic beer, kombucha and cider.

"Many of the world's most successful beverage companies have aggressively invested in Cannabinoid-infused product development underscoring this product category's market potential," said Zohar Krivorot, President and CEO of Cannara Biotech. "This agreement also underscores our commitment in building Cannara Biotech into a premium Canadian cannabis company by leveraging our facility's unique size and flexibility, partnering with industry leaders and supporting these joint ventures with both financial and human capital."

Cannabinoid-infused beverage sales are forecasted to reach $260 million for North America by 2022, according to Canaccord Genuity. In addition to non-alcoholic cannabinoid-infused beer, this is the first of many partnerships that we intend to use the facility to execute our collaboration strategy to produce edibles, pet-products, cosmetics and other beverages for the Canadian market.

About Cannara Biotech Inc. Cannara Biotech is building the largest indoor cannabis cultivation facility in Quebec, a modern and secure 625,000 square foot facility located in Farnham, less than 45 minutes from Montreal. Leveraging Quebec's low electricity costs, Cannara's facility will produce high-grade indoor hydroponically grown cannabis and derivative products for the Canadian and international markets. Working with partners, Cannara will generate licensing revenues, rental revenues and revenue streams from joint-venture arrangements leveraging this valuable property. For more information, visit our website: www.cannara.ca

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ZYUS and Up Cannabis Sign Definitive Supply Agreement

2019-02-07 07:00:00

SASKATOON and OAKVILLE, ON, Feb. 7, 2019 /CNW/ - ZYUS Life Sciences Inc. ("ZYUS") and Up Cannabis Inc. ("Up Cannabis"), a wholly-owned subsidiary of Newstrike Brands Ltd. (TSX-V: HIP) ("Newstrike"), are pleased to announce that they have entered into a definitive Supply Agreement (the "Agreement") for ZYUS to purchase dried bulk cannabis from Up Cannabis.

Up Cannabis will supply bulk dried cannabis as raw material for processing by ZYUS into its emerging brand of cannabinoid-based products, subject to the receipt of licensing by ZYUS under the Cannabis Act and the Controlled Drugs and Substances Act, which ZYUS anticipates receiving in the first half of 2019.

"Providing access to a consistent supply of high-quality medical cannabis products for both patients and their healthcare providers in the domestic and international market is what will set ZYUS apart in today's fast-growing medical cannabis market," said Brent Zettl, President and CEO of ZYUS. "The signing of this initial supply agreement with an experienced licensed producer, will put into action our comprehensive raw material grading system and is a critical step to effectively produce GMP-compliant, targeted, cannabinoid-based phyto-therapeutic products.  A significant amount of this initial supply will be used for our clinical trial program."

According to Jay Wilgar, CEO of Newstrike and Up Cannabis, the supply agreement will help to further expand and diversify Up's distribution channels as capacity is increased.

"We are excited to partner with Brent and his team at ZYUS," said Wilgar. "Our industry continues to rapidly evolve and this is yet another way that we are strengthening our position as a leading player. This agreement in particular aligns us with some of the best minds in the industry which will only help us to continue to build value for Newstrike's shareholders. We look forward to taking this step alongside ZYUS and one of the country's most experienced cannabis professionals."

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Canopy Growth to inject $30 million in additional capital into Canopy Rivers Inc.

2019-02-07 07:00:00

SMITHS FALLS, ON, Feb. 7, 2019 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NYSE: CGC) is pleased to announce that it intends to increase its total investment in Canopy Rivers Inc. ("Canopy Rivers") (TSXV: RIV) by $30 million (CDN). The investment will be made through a private placement of subordinated voting shares in the capital of Canopy Rivers (the "Subordinate Voting Shares") concurrent with Canopy Rivers bought deal offering of Subordinate Voting Shares for gross proceeds of approximately $55 million. This investment is being co-led by CIBC Capital Markets and Eight Capital and is expected to close on or about February 27, 2019.

"The advantage of a strengthened Canopy Rivers/Canopy Growth relationship is that it accelerates and derisks execution for invested companies," said Bruce Linton, Founder and Co-CEO, Canopy Growth. "The strength of the Canopy Rivers team, coupled with their selective approach to business development and execution of strategic investments, creates value for shareholders and for Canopy Growth."

"By increasing Canopy Growth's investment in Canopy Rivers, we are demonstrating our interest in growing great companies, developing selective opportunities and delivering Canopy's shareholders more growth," added Linton.

After the closing of the bought deal and concurrent private placement, Canopy Growth will increase its ownership of Canopy Rivers' issued and outstanding shares, including both the Subordinate Voting Shares and the multiple voting shares in the capital of Canopy Rivers that are only held by Canopy Growth, on a non-diluted basis from approximately 26.5% to approximately 27.3%. Increasing its ownership position is a signal of Canopy Growth's ongoing confidence in Canopy Rivers' mission to pursue strategic opportunities in the global cannabis sector.

Canopy Rivers has recently expanded its portfolio by making several innovative investments in the cannabis market worldwide, including:

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