Month: October 2018

Month: October 2018

Canntab to Enter Medicinal Cannabis Market in Mexico

TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) — Canntab Therapeutics Limited (CSE: PILL, FSE: TBF1) (“Canntab” or the “Company”) today announced the signing of a non-binding Letter of Intent (the “LOI”) with Labsco Promedic SA de CV of Monterrey, Mexico (“Labsco”) for the establishment of a joint venture relationship for the sales & distribution of Canntab products in Mexico (the “Territory”) on an exclusive basis. Following the LOI, the parties will work together to establish and complete a formal joint venture relationship for an initial period of five years.

Canada House Wellness Group Inc. Announces Results of AGM

TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) — Canada House Wellness Group Inc. (“Canada House” or the “Company”) (CSE: CHV) is pleased to announce the results of the company’s Annual General and Special Meeting of shareholders that was held in Toronto, Ontario on Tuesday, October 30, where a number of business items were presented and approved by the shareholders in attendance.

FSD Pharma Announces Launch of IBS Clinical Study

TORONTO, Oct. 31, 2018 /CNW/ – FSD Pharma Inc. (“FSD Pharma” or “FSD”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) today announced the launch of a pilot clinical study in Pittsburgh, Pennsylvania, by its strategic R&D partner, SciCann Therapeutics (“SciCann”). The study is designed to test the safety and efficacy of SciCann’s proprietary “Steady Stomach” cannabidiol (CBD) combination product for the treatment of irritable bowel syndrome (IBS) patients. This study follows the previously reported efficacy results from a preclinical study in rodent models which demonstrated a three-fold increased efficacy in lowering abdominal inflammation levels with the advanced combination product as compared to CBD alone.

Golden Leaf Holdings Acquires Cultivation License for Bald Peak Facility in Oregon

PORTLAND, Ore., Oct. 30, 2018 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (“Golden Leaf” or the “Company”) (CSE:GLH) (OTCQB:GLDFF), a cannabis company with cultivation, production and retail operations built around recognized brands, today announced that it received its cultivation license from the Oregon Liquor Control Commission “OLCC” for its much anticipated Bald Peak facility in Oregon. Construction of the facility is substantially complete, with the build-out of an adjacent shop and nursery scheduled for completion by the end of Q1-2019 and Q2-2019 respectively.

BeWhere Launches M-IoT Devices and Solutions on Bell’s LTE-M Network

Toronto, Ontario–(Newsfile Corp. – October 26, 2018) – BeWhere (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”) an Industrial Internet of Things (IIoT) asset tracking solutions provider, and Trak-iT, a leading Canadian provider of tracking solutions under the Fleet Freedom brand, today announced the launch of Canada’s first integrated Mobile-IoT (M-IoT) fleet management solution on Bell’s LTE-M network.

Engagement Labs’ Doubles Existing Contract Size with Leading US Telecom

Engagement Labs Inc. announced that it continues to execute on their growth strategy with a major upsell to a leading Fortune 500 US telecom client. The deal represents a significant commitment to Engagement Labs by doubling the contract for the remaining 27 months. The new contract increases the existing agreement by 100 percent, bringing the new contract value to CAD $879,000 (USD $674,325).

FSD Pharma announces issuance of cannabis license under Excise Act

TORONTO, Oct. 25, 2018 /CNW/ – FSD Pharma Inc. (“FSD Pharma” or the “Company”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) announced today that the Company’s application for a cannabis license under the Excise Tax Act has been conditionally approved by the Canada Revenue Agency (the “CRA”) and is effective as of October 17, 2018. The issuance of a cannabis license by the CRA is a requirement to sell cannabis and is a prerequisite to obtaining a sales license under the Cannabis Act.

Enthusiast Gaming Announces it Has Received a Commitment of $5.0 Million for Convertible Debenture Units

TORONTO, Oct. 24, 2018 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast” or the “Company”) (TSXV: EGLX), a digital media company building the largest community of authentic gamers, is pleased to announce a non-brokered private placement of convertible debenture units (the “Units”) for total gross proceeds of $5 million (the “Offering”). In connection with the Offering, the Company has received a commitment for the full amount of $5 million. Canaccord Genuity Corp. (“Canaccord Genuity”) is acting as advisors to the Company with respect to the Offering. The net proceeds from the Offering are anticipated to be used for working capital purposes, general corporate purposes, and potential acquisitions.