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Crop Receives 2019 Production and Extraction Licenses for Its 2,115 Acre Nevada Hemp Operations

2019-02-14 08:00:00

VANCOUVER, British Columbia, Feb. 14, 2019 /CNW/ -- CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today that its 49% owned subsidiary, Elite Ventures ("Elite") reported that Hempire, the company's Nevada tenant, has been issued with a 2019 hemp handler, hemp nursery and hemp grower licenses covering 1,350 irrigated acres on its 2,115 acres of owned or leased CBD focused lands.

A hemp handler is defined as a person who is registered by the licensing department to receive industrial hemp for processing into commodities, products or agricultural hemp seed.

The company chose to apply for its hemp grower licence, nursery and hemp handler licence in anticipation of its lab extracting and producing CBD isolate with a throughput capacity of one ton per day of raw biomass. Furthermore, the company increased the acreage size covered by its hemp licences from 240 acres of cultivation in 2018 to 1,350 acres of irrigated cultivation for 2019.

50,000 square feet of greenhouses are being erected to complement the plant starts coming out of the recently completed genetics laboratory.

CROP CEO, Michael Yorke, stated: "With the increased size and operating range of our tenant's licenses, CROP's Nevada CBD operations are emerging into a truly world class operation. Our land holdings, micropropagation team, strategies, drying and extraction capabilities and supply agreements will enable us to operate from seeds to isolate to sales in 2019."

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Liberty Opens Its 10th Dispensary In Dania Beach To Further Expand Its Footprint In South Florida; First In Broward County

2019-02-14 07:00:30

Rapid growth continues at Liberty Health Sciences, increasing accessibility to heavily populated areas of Fort Lauderdale and Hollywood

TORONTO, Feb. 14, 2019 /CNW/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com ("Liberty" or the "Company"), a provider of high quality cannabis, announced today that on February 19th the Company will open its first dispensary in Broward County, in the city of Dania Beach. The Dania Beach location will serve a population of approximately 1.9 million people, and the new dispensary provides customers in the Fort Lauderdale and Hollywood area access to premium marijuana products in a relaxed environment that reinforces consistent quality, customer care and one-on-one education outreach.

Located at 1103 S. Federal Highway, Dania Beach, FL., the new dispensary is open Monday through Friday, 10 a.m. to 7 p.m., Saturday, 10 a.m. to 5 p.m., and Sunday 12 p.m. to 5 p.m. Strategically situated in a high traffic area on the historical Federal Highway (US1), which was formally established in 1926 by the Florida Department of Transportation, tens of thousands of vehicles utilize the corridor daily in order to commute to and from work, or simply for leisure and vacationing.

"We are aggressively accelerating our store count to fulfill our largest obligation, of which is accessibility of pharma grade products," said George Scorsis, CEO of Liberty. "We are excited to open our Dania Beach location, which will prove to be a very popular destination as we continue to concentrate on making our premium products and services available to more customers across Florida. Dania Beach will continue to showcase our esthetically appealing and patient accommodating store layouts accompanied by innovative and engaging displays. The new dispensary also features a waiting room, along with private consultation rooms, to safely and comfortably serve our customers."

The new store opening follows yesterday's opening of the North Miami location and the Miami dispensary grand opening on Bird Road on December 11, 2018. After Dania Beach, Liberty currently expects to open an additional four dispensaries, for a total of 12 locations in Florida by the end of February 2019, subject to the receipt of Florida Department of Health approvals. The additional planned locations are located in the Hollywood, Orange Park, Cape Coral and Orlando areas.

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High Tide Announces the Opening of its Eighth Canna Cabana Store

2019-02-14 07:00:30

/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, Feb. 14, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI) (Frankfurt:2LY), an Alberta-based downstream cannabis corporation focused on the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has opened its eighth Canna Cabana retail store, which is located at Unit #116, 5305 Magasin Avenue in the city of Beaumont, Alberta (the "Beaumont Store"). Having met all municipal business requirements, the Beaumont Store is approved to sell smoking accessories and cannabis lifestyle products while the temporary suspension of incremental cannabis retail licensing by Alberta Gaming, Liquor and Cannabis ("AGLC") remains in effect.

The opening of the Beaumont Store reaffirms High Tide's ability to rapidly execute on its broad set of growth plans. "As the fifth fastest growing community in Canada, it was important for High Tide to establish a retail location in Beaumont. We will strive to quickly become a part of this Leduc County community and integrate the outlet into the local economy for the long term," said Raj Grover, President and Chief Executive Officer of High Tide. "Our Canna Cabana employees can now begin to educate customers about cannabis and smoking accessories, accept Health Canada-approved cannabis product packaging through the free in-store recycling program and engage with this important community adjacent to southern Edmonton," added Mr. Grover.  Beaumont began as a French Colony in 1895 and has grown to become a dynamic city situated a short distance east of the Edmonton International Airport.

High Tide continues to advance its next 25 Canna Cabana locations, which are under various stages of construction. In total, the Company has 33 development permits for its Canna Cabana and KushBar retail cannabis stores across Alberta and expects to receive the four remaining development permits required to achieve the AGLC's effective maximum of 37 retail cannabis locations in the province in the short-term. High Tide also recently announced that it has been selected to assist two winners of the Expression of Interest Lottery to apply for one of 25 cannabis-related Retail Operator Licences in Ontario, while maintaining approximately 20 conditional leases for future retail locations across that province.  The Company is targeting having recreational cannabis stores in every province that permits privately-owned outlets, as further demonstrated by the recent signing of separate letters of intent to acquire two locations in Saskatchewan.

About High Tide Inc.

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FSD Pharma Provides Update on Operations, Strategy and Leadership

2019-02-14 07:00:30

TORONTO, Feb. 14, 2019 /CNW/ - FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) ("FSD"), a licensed producer under the Cannabis Act, today provided a corporate update on operations, strategy and leadership changes.

Management Changes

On February 6, 2019, the Company announced it had implemented changes in leadership and business practices to optimize operations. Accordingly, the Company announced that Dr. Raza Bokhari, Executive Co-Chairman, has been appointed interim Chief Executive Officer of FSD Pharma.

"It is with great pleasure that I return to the role of the interim CEO at such a momentous time for the company," said Dr. Raza Bokhari, Executive Co-chairman & interim CEO.

Operational Update

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/C O R R E C T I O N from Source -- Liberty Health Sciences Inc./

2019-02-14 07:00:30

In the news release, Liberty Opens Its 10th Dispensary In Dania Beach To Further Expand Its Footprint In South Florida; First In Broward County, issued today by Liberty Health Sciences Inc. over CNW, we are advised by the company that in the fourth paragraph, we are replacing the word "four" to "two" and deleting the last sentence. The complete, corrected release follows:

Rapid growth continues at Liberty Health Sciences, increasing accessibility to heavily populated areas of Fort Lauderdale and Hollywood

TORONTO, Feb. 14, 2019 /CNW/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com ("Liberty" or the "Company"), a provider of high quality cannabis, announced today that on February 19th the Company will open its first dispensary in Broward County, in the city of Dania Beach. The Dania Beach location will serve a population of approximately 1.9 million people, and the new dispensary provides customers in the Fort Lauderdale and Hollywood area access to premium marijuana products in a relaxed environment that reinforces consistent quality, customer care and one-on-one education outreach.

Located at 1103 S. Federal Highway, Dania Beach, FL., the new dispensary is open Monday through Friday, 10 a.m. to 7 p.m., Saturday, 10 a.m. to 5 p.m., and Sunday 12 p.m. to 5 p.m. Strategically situated in a high traffic area on the historical Federal Highway (US1), which was formally established in 1926 by the Florida Department of Transportation, tens of thousands of vehicles utilize the corridor daily in order to commute to and from work, or simply for leisure and vacationing.

"We are aggressively accelerating our store count to fulfill our largest obligation, of which is accessibility of pharma grade products," said George Scorsis, CEO of Liberty. "We are excited to open our Dania Beach location, which will prove to be a very popular destination as we continue to concentrate on making our premium products and services available to more customers across Florida. Dania Beach will continue to showcase our esthetically appealing and patient accommodating store layouts accompanied by innovative and engaging displays. The new dispensary also features a waiting room, along with private consultation rooms, to safely and comfortably serve our customers."

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Trichome Financial Corp. Announces Launch of Financing in Connection with Go-Public Transaction and Provides Corporate Update

2019-02-14 07:00:00

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

TORONTO, Feb. 14, 2019 /CNW/ - Trichome Financial Corp. ("Trichome" or the "Company") is pleased to announce the launch of a non-brokered private placement of subscription receipts (the "Financing") in connection with its reverse take-over of 22 Capital Corp (TSXV: LFC.P) ("22 Capital"). Trichome intends to use the proceeds of the Financing to fund the Company's growing pipeline of cannabis sector credit opportunities and for general corporate purposes.

"The growing depth and breadth of our pipeline reflects the increasing maturation of the cannabis industry, as more companies seek customized solutions to address business expansion, working capital, M&A and other opportunities in the industry", commented Michael Ruscetta, CEO of Trichome. "Our near-term pipeline of actionable transactions is indicative of Trichome's commitment to be a valued-added financing partner to the cannabis industry and our thoughtful approach to allocating investors' capital."

Corporate Update

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Flower One and CannAmerica Brands Enter Long-Term Licensing Agreement to Meet Demand for Cannabis Edibles in Nevada

2019-02-14 07:00:00

Partnership marks Flower One's Entry into the Edibles Market

TORONTO, Feb. 14, 2019 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") (CSE: FONE) (OTCQB: FLOOF) is pleased to announce a new long-term licensing agreement and brand partnership with CannAmerica Brands Corp. ("CannAmerica Brands") (CSE: CANA) (OTCQB: CNNXF) for cannabis-product fulfillment in Nevada. CannAmerica Brands is a Colorado-based, marine-veteran-founded cannabis brand known for its line of top-tier cannabis gummies and edibles currently available in three states. Flower One is now licensed to manufacture, distribute and sell CannAmerica Brands' signature cannabis Fruit Juice Gummies and Super Soft Gummies to all cannabis retailers in Nevada. This agreement represents Flower One's official launch into the edibles market.

"Flower One is thrilled to welcome a true leader in edibles, CannAmerica Brands, to our suite of Brand Partners," said Ken Villazor, President and CEO of Flower One. "We are committed to providing Nevada retailers with reliable access to cannabis across the product spectrum and throughout the value chain. This news marks our official launch into the edibles market, showcasing Flower One's early capabilities to bring a diversity of products to Nevada at a scale that retailers can rely on."

"In anticipation of the growing number of retail locations in the state of Nevada, coupled with increased consumer demand, we wanted to partner with a large-scale producer in Nevada – and Flower One was the obvious choice," said Dan Anglin, Founder and CEO of CannAmerica Brands. "The footprint of Flower One's vast greenhouse facility is impressive, but perhaps even more noteworthy are the planned production capabilities of their 55,000 square-foot facility. It is something I've never encountered in my many years operating in the cannabis industry and has wonderful implications for the retail community, and subsequently for cannabis consumers. We're so excited about this new partnership with Flower One in Nevada; we see a long-term future with them as we continue to grow our iconic brand across America."

New variations of CannAmerica Brands' bestselling Fruit Juice Gummies and Super Soft Gummies products will soon be available for purchase in the state of Nevada. The Fruit Juice Gummies and Super Soft Gummies will feature new formulas that improve on CannAmerica's existing flagship products and will be categorized according to three flavour profiles: sweet (strawberry banana, peach, orange sherbet), sour (blue raspberry, cherry, bomb pop) and a sweet and sour combination. New, sleek packaging will also arrive this spring season in order to drive brand consistency across all of CannAmerica Brands' markets.

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Beleave Selects 3 Sixty Secure Corp. to Provide Secure Transport Services for Medical and Non-Medical Cannabis Products

2019-02-14 07:00:00

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

ALMONTE, ON, Feb. 14, 2019 /CNW/ - 3 Sixty Risk Solutions Ltd. ("3 Sixty" or the "Company") (CSE: SAFE) is pleased to announce that the Company, which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., is providing secure transport services to Beleave Inc. ("Beleave") (CSE: BE) for its medical and non-medical cannabis products. Headquartered in Oakville, Ontario, Beleave cultivates high-quality cannabis flower and oil, for the medical and recreational markets where it can be found under the Seven Oaks brand. The company has developed a network of medical cannabis clinics in Ontario and Quebec and has been awarded a retail network in Saskatchewan and has been pre-qualified  for retail in Manitoba. Additionally, through its international investments, Beleave has access to the Latin American and European markets.

"We are extremely pleased to be providing secure transport services to Beleave," said Thomas Gerstenecker, CEO and Founder of 3 Sixty. "Beleave is vertically integrated in the medical and recreational cannabis markets within Canada with significant growth plans. It is available in 100% of Canada's medical cannabis markets and over 55% of the recreational market with plans to roll out recreational cannabis distribution to 99.57% of Canadians before the close of 2020. We are excited to partner with a progressive company like Beleave that has a vision for meeting the needs of Canadians but also has an eye on international expansion which aligns with our own strategic growth plans."

"We continue to grow our customer base, which includes top-tier LP's, distributors and retailers across Canada, by providing world-class security services to our top-tier customer base," added Thomas Gerstenecker. "We intend to remain a leader in cannabis-focused security by meeting and exceeding our customer's stringent demands within the highly regulated cannabis industry. We will continue to seek new services to offer to our existing customers as well as looking beyond our borders for geographic expansion opportunities that allow us to export our expertise across Canada, the US and internationally through organic means and by executing on disciplined M&A."

About 3 Sixty Risk Solutions Ltd.

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Sproutly Provides Strategic Update

2019-02-13 21:15:00

NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly" or the “Company”) is pleased to provide a strategic update on the development of its business to date. Sproutly continues to make substantial progress towards its goal of becoming a global cannabis beverage and edibles company.

“Sproutly has made significant progress towards building a world-class cannabis beverage and infused product company since going public in July of last year” said Keith Dolo, CEO and Director. “We have been successful in acquiring the exclusive rights to Infusion Biosciences’ APP technology, in certain jurisdictions, which is able to produce naturally water-soluble cannabinoids that deliver the full experience of cannabis paralleling the onset and offset profiles of smoking. From there, we have made steps to bring in the people and the resources to build a global cannabis branded company focused on beverage and infused products” he added.

First Harvest

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Canopy Rivers to Report Third Quarter Fiscal 2019 Financial Results

2019-02-13 19:15:11

TORONTO, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Canopy Rivers Inc. (the “Company”) (TSXV: RIV) will report its third quarter fiscal 2019 financial results after markets close on Wednesday February 27, 2019. The Company’s unaudited condensed interim financial statements and Management’s Discussion and Analysis for the three and nine months ended December 31, 2018 will be available on the Company’s profile on SEDAR at www.sedar.com and in the Investors section of the Company’s website at www.canopyrivers.com.

Certain preliminary financial information pertaining to the Company may also be found in the financial results released by Canopy Growth Corporation (TSX: WEED, NYSE: CGC) that is currently scheduled to be released on February 14, 2019. All preliminary financial information with respect to the quarter ended December 31, 2018 pertaining to the Company in the financial results of Canopy Growth Corporation are preliminary and are unaudited and subject to change and adjustment as the Company prepares its consolidated financial statements for the quarter ended December 31, 2018. Accordingly, investors are cautioned not to place undue reliance on the preliminary financial information. The preliminary results constitute “forward-looking information” within the meaning of applicable Canadian securities laws and are subject to a number of risks and uncertainties. Actual results may differ materially. See “Forward-looking Statements”.

About Canopy Rivers Inc. The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Forward-Looking Statements

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. To the extent any forward-looking information referred to in this news release constitutes "financial outlooks" within the meaning of applicable Canadian securities laws, such information is preliminary financial results for the quarter ended December 31, 2018 and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such financial outlooks. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and expectations for other economic, business, and/or competitive factors.

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