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Lifestyle Delivery Systems Inc. Announces the Acquisition of CSPA Group, Inc. by its Wholly-Owned Subsidiary Rêveur Holdings Inc.
VANCOUVER, British Columbia, Nov. 7, 2018 /CNW/ -- Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF), (Frankfurt: LD6, WKN: A14XHT) ("LDS" or the "Company") announces that on October 1, 2018, LDS' wholly-owned subsidiary Rêveur Holdings Inc. (formerly known as Adelanto Agricultural Advisors Inc.) acquired CSPA Group Inc., the holder of California licenses for Cannabis Manufacturing and Cannabis Distribution and Transportation.
CSPA Group, Inc. will now be known as Rêveur Corporation. Kelly Christopherson will continue as CEO of Rêveur Corporation. LDS' CEO, Brad Eckenweiler, stated, "This acquisition will allow for a seamless relationship between LDS and our licensees." The Company expects all operations and relationships to continue without interruption through this transition.
About Rêveur Corporation
The Company is located in Adelanto, California and is a City permitted and State Licensed manufacturer and distributor/transporter in the California cannabis industry. Manufacturing extracted oils and distillates, and producing CannaStrips™ under a license agreement with Lifestyle Delivery Systems Inc.
About Lifestyle Delivery Systems Inc.
Integrated Cannabis Company, Inc. Signs Definitive Agreement With Empower Clinics, Inc. and Receives Purchase Order
VANCOUVER, Nov. 7, 2018 /CNW/ - Integrated Cannabis Company, Inc. (CSE: ICAN) (OTCQB: ICNAF) ("Integrated Cannabis"), is pleased to announce the completion of a Definitive Agreement ("the Agreement") to distribute X-SPRAYS™ products throughout the clinics and doctors' offices of Empower Clinics Inc. (CSE: EPW; FRA: 8EC) ("Empower"), a leading owner and operator of medical cannabis and wellness clinics in the United States (US).
Integrated Cannabis has also received its initial purchase order from Empower for a selection of X-SPRAYS™ products. Empower has more than 25,000 patients under care across 15 locations with medical cannabis treatments in Oregon, Washington and Illinois. The patient base in Oregon represents approximately one-third of the state's total medical card issuance. In addition, Empower has an historical patient database of which exceeds 120,000 in the three States.
"This milestone marks another significant move for distribution of X-SPRAYS™ with its' first shipment to the Chicago market. We are excited to align with Empower and the City of Chicago and have our products available for people visiting their clinics in search of relief with issues like opioid addiction, pain, anxiety, sleep issues and people seeking overall well-being," said Mr. John Knapp, CEO of Integrated Cannabis.
"We love the X-SPRAYS™ products and look forward to expanding our suite of offerings through these innovative CBD sprays. X-SPRAYS™ state of the art formulations and unique metered dosage combine to consistently deliver a high quality product through our nationwide network of clinics," said Mr. Craig Snyder, CEO of Empower.
On September 12, Empower announced the opening of its flagship Chicago clinic. In Illinois, the company seeks to expand its operations and achieve a leadership position as it executes on parallel national clinic and product strategies. There is currently an opioid epidemic in the United States and the company's announced Chicago facility closely followed the endorsement by Illinois Governor Bruce Rauner of medical cannabis as a frontline treatment and alternative for patients with a new statewide measure he signed into law on Aug 28.
Aphria and DCM Subsidiary Perennial Launch Joint Venture to Create Original, Consumer-Centric Brands Offering Cannabis-Infused Products
Joint venture partners Aphria's cannabis expertise with Perennial's international brand strategy experience
LEAMINGTON, ON and BRAMPTON, ON, Nov. 7, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) and Perennial Inc. ("Perennial"), a subsidiary of DATA Communications Management Corp. ("DCM") (TSX: DCM) are excited to announce they have closed the transaction announced on August 14 to establish a joint venture (the "JV") devoted to creating original, consumer-driven brands and products for the adult-use cannabis market.
The JV will leverage Aphria's expertise as a leading global cannabis producer and Perennial's experience with international brand development and strategy to introduce new, cannabis-infused products to the Canadian and legal international markets. The JV will look beyond just edibles and beverages to a range of products designed to meet consumer demand in the cannabis and wellness space. Perennial has a successful track record of creating go-to-market strategies for major CPG and retail clients throughout North America and around the world.
"The brands that stand the test of time are the ones created with an understanding of the marketplace, an original and effective answer to a consumer need, and a message that's relevant to people's lives," said Chris Lund, Chief Innovation Officer of Perennial. "We've been the thought leaders behind our clients' brand strategies, creative development and execution for over 25 years – and now we relish the opportunity to create our own brands from scratch with Aphria, an industry-leading partner. We look forward to working with Aphria to bring innovative consumer-centric products and brands to life in the bourgeoning cannabis market."
Through the JV, Aphria and Perennial will focus on developing new products, product categories and consumer-driven brands, with an initial focus on cannabis-infused products for the wellness, medical and adult-use markets.
Province Brands of Canada prepares to launch Cambridge Bay Imperial Pilsner -- the world's first beer brewed from cannabis -- in the Yukon in early 2019
TORONTO, Nov. 7, 2018 /CNW/ - Province Brands of Canada — the Canadian company developing the world's first beer brewed from the cannabis plant — has signed a term sheet with Yukon Brewing to distribute its first commercially available beer, Cambridge Bay Imperial Pilsner, in Yukon in the first half of 2019, before its Canada-wide release.
Unlike Province Brands of Canada's flagship developing product — non-alcoholic beers that intoxicate using THC and other phytocannabinoids — Cambridge Bay Imperial Pilsner is a hemp-based beer and will contain alcohol.
Since its inception in 2016, Province Brands of Canada has made headlines around the world for developing the patent-pending process and formulations behind the world's first beers brewed from cannabis. Province Brands' unique brewing process utilizes specialized equipment and technologies to "mash" (i.e. extract sugars from) the stalks, stems and roots of premium cannabis grown in Canada, and then ferments those sugars in the presence of hops and brewer's yeast to create an authentically crafted cannabis beer.
Cambridge Bay Imperial Pilsner is brewed via the same patent-pending process used to create Province Brands' forthcoming non-alcoholic beers that intoxicate using THC and other phytocannabinoids. Whereas those beers are made by mashing and fermenting marijuana biomass, Cambridge Bay Imperial Pilsner is brewed by mashing and fermenting the stalks, stems and roots of a different, fully legal type of the cannabis plant: premium, food-grade hemp.
Marijuana is a controlled substance in Canada, and its recreational use is governed by the Cannabis Act. No hemp flower or viable hemp seeds are used when brewing Province Brands' Cambridge Bay Imperial Pilsner, and the parts of the hemp plant mashed to make this beer are not considered a controlled substance in Canada. Cambridge Bay Imperial Pilsner does not contain any marijuana. It is not infused with CBD or any phytocannabinoids, and any phytocannabinoids present in the beer are at levels comparable to those found in the hemp seeds, hemp seed oil or hemp protein available at most grocery stores across Canada – which is to say they fall well below the threshold to be considered a controlled substance.
LAS VEGAS, Nov. 7, 2018 /CNW/ - Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated Nevada cannabis company announces today that it plans to release its financial results for the third quarter ended September 30th, 2018 on Monday, November 12th, 2018 at 6:30 a.m. EST.
Planet 13 Holdings will host a conference call on Monday, November 12th, 2018 at 8:00 a.m. EST to discuss its third quarter financial results and provide investors with key business highlights. The call will be chaired Bob Groesbeck, Co-CEO, Larry Scheffler, Co-CEO, and Dennis Logan, CFO. The Company plans to release its financial results at 6:30 a.m. EST on Monday, November 12th, 2018.
CONFERENCE CALL DETAILS
Date: November 12th, 2018 | Time: 8:00am EST
Participant Dial-in: 416-764-8688 or 1-888-390-0546
BOYTON BEACH, FL, Nov. 7, 2018 /CNW/ - EPHS Holdings Inc. (OTCQB:STNN) ("EPHS" or the "Company"), together with its joint venture partner, Merritt Valley Cannabis Corporation ("MVC") is pleased to announce it has signed a Share Exchange Agreement (the "Agreement") with MVC and its shareholders. In conjunction with the Agreement, the Board of Directors of EPHS (the "Board") is pleased to announce the appointment of Mr. Stevan Perry as the new EPHS President.
Mr. Perry is a senior executive and business development leader with over 20 years of corporate, operational, and project management experience. He has had a progressive career specializing in the business development of major projects, scaled energy solutions, and corporate development for energy intensive start-ups, Fortune 100, and cannabis companies. Mr. Perry is the founder and a partner of MVC. Prior to MVC, Mr. Perry was Vice President of Energy and Major Projects for The Green Organic Dutchman ("TGOD"). Prior to his appointment to TGOD, Mr. Perry acted as the Energy Solution Team Leader for Eaton Corporation ("Eaton").
Mr. Perry stated "I am excited to be joining the EPHS team during this pivotal time within the cannabis industry. Just three weeks after legalization there is an incredible opportunity to further and develop the EPHS brand and business plan. Our vision is to be different, the EPHS business model is built on simplicity and focus. It is our objective to build with efficiency and to deliver cannabis to the under-supplied Canadian and global markets. A recent Bank of Montreal report projected the cannabis industry to have a valuation of $194 billion Canadian dollars within the next seven years. I would like to thank the entire MVC team and industry peers I have worked with over the past several years within the cannabis industry."
EPHS's CEO, Gianfranco Bentivoglio, stated "I am honored to appoint Stevan Perry as our President. Having Mr. Perry, on board provides the proven experience with the cannabis industry vital to scaling supply to serve the high demand market. This is a great time for the company and for the Company's shareholders."
About EPHS Holdings Inc.
EDMONTON, Nov. 7, 2018 /CNW/ - Independent corporate cannabis retailer Fire & Flower has added two more, fully-stocked shops to its growing network of retail outlets in Canada, bringing to seven the number of shops it has opened since the recreational use of cannabis was legalized in Canada in October. The two shops – located in Hinton and Sherwood Park, Alberta – join those already open in Edmonton, Fort Saskatchewan and St. Albert, as well as Fire & Flower's two shops in Yorkton and North Battleford, Saskatchewan.
"These shops are part of our plan to become the leading corporate cannabis retailer in Canada, with shops in all provinces that allow private cannabis sales," said Mike Vioncek, Chief Operating Officer, Fire & Flower. "The response to the shops we have already opened has been terrific, and we can hardly wait to bring our exceptional customer service to even more people across the country in the weeks and months ahead."
Fire & Flower shops supply expertly curated Health Canada-regulated products through an education-based, socially responsible retailing experience and are staffed by highly-trained cannistas who help guests understand the products available and provide advice to ensure guests have an enjoyable and safe experience once they get home. The company's robust security protocol also ensures the highest standards of safety for the communities in which its shops operate, including a two-step age verification process to prohibit purchases by minors, extensive community engagement and programs to promote responsible use.
You can find the newest Fire & Flower shops in Alberta at these locations:
TORONTO, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland” or the “Company”) is pleased to welcome Mr. Clay Horner and Mr. Rudolph (Rudi) Hilti to the board, which will strengthen and improve corporate governance, global strategy, finance, and M&A expertise. These latest appointments demonstrate management’s continued commitment to ensuring measured growth of Wayland Group’s global expansion and to fill vacancies left on the board earlier this year. Additionally, Paul Pathak has now been appointed Chairman of the Board.
“Clay’s unmatched experience in acquisitions and unique ability to unlock shareholder value provides Wayland with a strategic advantage as we build a truly global business,” stated Ben Ward, CEO. “Rudi brings a unique perspective as a global citizen, from Lichtenstein, with a passion for global transformation through sustainable solutions.”
Clay Horner is a principal of HBH Strategic Advisors which consults on significant business and corporate matters for several large private equity firms and domestic and international corporations. Until February 2018, Clay was a senior partner of law firm Osler, Hoskin& Harcourt LLP. His practice included many of Canada’s most significant M&A transactions with an aggregate value in excess of $300 billion over the past 25 years, including landmark Canadian transactions and cross border transactions with the United States, the United Kingdom, France, Germany, Italy, China, Russia and South Africa. He was the Chairman of Osler and Chairman of the Business Law Department for almost two decades. In 2011, he was named one of the 15 most influential M&A lawyers in the world by the International Bar Association. He has a BA from Queens University, an LLB from the University of Toronto Law School and an LLM from the Harvard Law School.
Rudi Hilti is an entrepreneur and a visionary from the Principality of Liechtenstein, a German speaking microstate in Central Europe. Rudi is a global citizen, a responsible optimist and a change maker who invests his financial and emotional resources exclusively into passion projects that help to make the world a sustainable and better place genuinely. Rudi’s experience includes co-founding of the HUS Institute, a global think tank and Deals Advisory with Price Waterhouse Coopers, Zurich. Rudi holds a Master of Finance and Accounting from HSG in Switzerland.
“There are multiple reasons why humanity should foster the rehabilitation of cannabis as a resource. I’m passionate about system change and sustainable solutions, I am very excited to join the Wayland journey.” Stated Mr. Hilti.
CROP Working 'Rapidly' To Vertically Integrate California Production, Extraction, Distribution And Retail
VANCOUVER, Nov. 7, 2018 /CNW/ - CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today that it is working towards complete vertical integration in California. Processing continues at Humboldt Farm and new automation equipment has arrived to increase efficiencies and continually increase return on investment (ROI) of finished inventory.
Additionally, CROP's Emerald Heights retail brand has just completed the stage three interview process with the City of San Bernardino which is a major hurdle before the final licensing review to open its first California retail location. CROP is currently going through the process of opening two Emerald Heights locations in Italy, one in Nevada and one at the aforementioned location in California.
The company's tenant is currently accepting and reviewing bids from distributors to represent the company's production under its Hempire, Evolution and White Rhino brands. The tenant has also applied for its own distribution license to represent its own production and the production of other complimentary producers in the region which will result in another license in the growing portfolio of tenant licensees.
CROP has also been notified that the tenants are preparing an extraction license application for Humboldt Farm which will maximize the ROI and broaden the range of Stock Keeping Units ('SKUs') available to retail locations.
CROP has submitted its building plans to the Humboldt County Building and Planning Department to increase the production of the California facility at a cost of $1,000,000 of which $250,000 has already been spent. The increased production will result in an additional ~12,000 pounds of high-quality cannabis and 3,000 pounds of secondary material per year.
Five-Year licence allows importation, processing, wholesale distribution and re-export of a range of CBD extracts, concentrates and finished products
VANCOUVER, Nov. 6, 2018 /CNW/ - C21 Investments Inc. (CSE: CXXI) (FSE: C6QP) today announced that it has been granted the first licence issued by the State Service of Ukraine on Medicines and Drugs Control ("SSUMDC") for the importation of high-quality raw CBD extracts and concentrates, to import finished CBD products, to conduct CBD processing, wholesale distribution of CBD and CBD finished products, and to re-export CBD concentrates and CBD processed products to Europe and internationally.
According to Robert Cheney, C21 Investments' Chief Executive Officer, the granting of this first Ukraine CBD licence issued by SSUMDC is a testament to the quality of C21's products, its quality control systems, and its internal compliance processes as well as the high regard of the Ukrainian Government for the integrity of the C21 management team.
"We at C21 are excited to receive the first licence issued in the Ukraine and to expand into Europe," said Mr. Cheney. "This is a significant opportunity for us to build a new industry, create new high-quality jobs and to leverage the competitive advantages of Ukraine to access the EU and global markets. Building on a solid relationship with the Ukrainian Government and the staff of SSUMDC, the C21 team is in the process of applying for additional licences, including for the cultivation of both hemp and cannabis.
Ukraine has a population of over 42 million people and is a major trading partner with the European Union. In 2014, Ukraine signed an agreement referred to as the "Association Agreement" making trade with the EU much easier. Trade with the EU has increased significantly as a result. Ukraine offers a long history in agriculture, a skilled labour pool, attractive wage rates, and preferential access to European markets.