Month: April 2019

Month: April 2019

High Tide Announces Licences and Authorizations from AGCO to Open Canna Cabana-Branded Stores in Hamilton and Sudbury

CALGARY, April 15, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HTDEF) (FRA:2LY), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, announced that on Friday, April 12, 2019 the Alcohol and Gaming Commission of Ontario (“AGCO”) approved and issued Retail Operator Licences (the “Licences”) to High Tide’s counterparties Steven Fry and Saturninus Partners (collectively, the “Winners”) and also issued Retail Store Authorizations (the “Authorizations”) to the Winners’ respective stores Canna Cabana Hamilton (“Hamilton”) and Canna Cabana Sudbury (“Sudbury”).  The Winners are aiming to open their Canna Cabana-branded locations on or before April 20, 2019.

High Hampton’s Bravo Distro Receives Approval for West Sacramento Distribution Hub

TORONTO, April 10, 2019 /CNW/ – High Hampton Holdings Corp. (CSE: HC) (FSE: 0HCN) (“High Hampton” or the “Company”), a cannabis brand and distribution company in the U.S. market, is pleased to announce that the City Council of West Sacramento unanimously approved the adoption of a Development Agreement (DA) between the City of West Sacramento and High Hampton’s wholly owned distribution arm Bravo Distro for a Conditional Use Permit (CUP). The approval permits Bravo and High Hampton to operate a wholesale cannabis distribution facility in the City’s M-1 zone.

High Tide Announces $10 Million Offering of Convertible Debentures

CALGARY, April 10, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HTDEF) (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 has launched a non-brokered private placement for the sale of up to 10,000 convertible debentures of High Tide (the “Debentures”), at a price of $1,000 per Debenture, for gross proceeds of up to $10 million Canadian dollars (the “Offering”).  The Offering is anchored by an order from Aphria Inc. (TSX: APHA) (NYSE: APHA), a leading global cannabis company, in the amount of $4.5 million Canadian dollars.  The net proceeds of the Offering will be used by the Company to fund

World Class Announces Strategic Investment in Alkaline Spring and Launch of Capital Markets Communications Strategy

TORONTO, April 08, 2019 (GLOBE NEWSWIRE) — World Class Extractions Inc. (CSE: PUMP) (“World Class” or the “Company”) is pleased to announce it has entered into an agreement to invest up to $3 million (the “Alkaline Financing”) by way of a private placement in Alkaline Spring Inc. (“Alkaline Spring”), a privately-held, Alberta-based natural alkaline water company. In connection with the closing of the first tranche of the Alkaline Financing today, World Class invested $2 million in consideration for 2,000 senior secured convertible debentures (“Alkaline Debentures”) of Alkaline Spring, 11,111,111 common share purchase warrants of Alkaline Spring (“Alkaline Warrants”), and acquired certain investor rights. World Class is also pleased to announce that it will be increasing its level of engagement with

Cannara Biotech Appoints Jack Kay, Former CEO of Apotex, as New Board Director

MONTREAL, April 8, 2019 /CNW/ – Cannara Biotech (“Cannara” or the “Company”) (CSE: LOVE FRA: 8CB), an emerging vertically integrated cannabis company focused on cultivation and cannabis-infused products, today announced the appointment of Jack Kay as a Director on Cannara’s Board, effective immediately. Mr. Kay is generally recognized as one of Canada’s leading pharmaceutical executives, having held senior positions in a number of firms, including CEO of Apotex.

High Tide Announces the Opening of its 13th Smoker’s Corner Store

CALGARY, April 8, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HTDEF) (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 has opened a new Smoker’s Corner retail store located in the Royal Centre Hills Plaza, at 3739 8 Avenue NW in Edmonton, Alberta (the “Hills Store”). Similar to the Company’s other Smoker’s Corner locations, the Hills Store will benefit from being supplied by High Tide’s vast catalogue of more than 4,300 SKUs of smoking accessories and cannabis lifestyle products, including the full range of proprietary and licensed goods from High Tide’s wholesale segment.

NuRAN Books Recurring Revenue Orders of Over CAD $500K

Quebec, QC, Canada / TheNewswire / April 4th, 2019 – NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC: NRRWF) (FSE: 1RN) announces that it has received new orders totaling more than CAD $500,000 in the month of March, mostly recurring revenue business. These sales are related to NuRAN’s rural connectivity solutions as well as Nutaq Innovations, NuRAN’s wholly owned engineering services subsidiary. Over 80% of these new orders in March 2019 represent recurring business revenue from existing NuRAN customers.

FSD Pharma Appoints Charles Pollack Jr. MD, FACEP as Chairman of the Scientific Advisory Board

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), announced today the appointment of Charles V. Pollack, Jr., M.A., M.D., FACEP, FAAEM, FAHA, FACC, FESC, FCPP, as Chairman of its Scientific Advisory Board (“SAB”). In this capacity Dr. Pollack will serve as a strategic guide and resource to the Company as it develops disruptive, science-based, cannabinoid therapeutics.