First Republic Capital

FSD Pharma Closes Deal to Acquire Prismic Pharmaceuticals

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD Pharma” or the “Company”) and Prismic Pharmaceuticals Inc. (“Prismic”), a US-based specialty R&D pharmaceutical company (the “Parties”), announced today that, on June 28, 2019, they finalized the acquisition by FSD Pharma of all of the issued and outstanding securities of Prismic (the “Transaction”). Pursuant to the terms of a previously-announced securities exchange Agreement, FSD Pharma has acquired all outstanding common and preferred shares of Prismic for an aggregate purchase price of approximately US$17.5 million (CAD$23.4 million based on an exchange rate of US$1 to CAD$1.3349), satisfied by the issuance of approximately 102.7 million Class B subordinate voting shares in the capital of FSD Pharma (each, an “FSD Share”) at a deemed price of CAD$0.2275 (US$0.1704) per FSD Share. In addition, FSD Pharma has agreed to assume approximately US$3.05 million of outstanding Prismic long- and short-term liabilities. All of the outstanding Prismic stock options and warrants have been converted into options and warrants to purchase FSD shares, with the number and exercise price of such securities having been adjusted in accordance with the exchange ratio under the Agreement.

High Tide Upgrades Grasscity to Magento 2 E-Commerce Platform

CALGARY, June 26, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (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 recently upgraded its Grasscity online smoking accessories business from the original Magento e-commerce architecture to the powerful Magento 2 platform (“M2”).  Developed in partnership with Vaimo AB, an omnichannel global agency that helps clients drive success in digital commerce, the re-launched Grasscity website utilizes M2’s increased customization, enterprise-level scalability and a relational database management system to provide its 5.8 million annual visitors with a vastly improved online shopping experience.

World Class Announces Appointment of Anthony Durkacz as Chair of the Board of Directors

TORONTO, June 25, 2019 (GLOBE NEWSWIRE) — World Class Extractions Inc. (the “Company” or “World Class”) (CSE: PUMP) is pleased to announce that, effective immediately, it has appointed Anthony Durkacz as Chair of the Board of Directors. Mr. Durkacz was recently appointed to the Company’s Board of Directors in conjunction with its recent merger with Quadron Cannatech Corporation.

FSD Pharma Receives Full “Sale for Medical Purposes” Cannabis License from Health Canada

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), announced today that its wholly-owned subsidiary FV Pharma Inc. (“FV Pharma”) has received its Full Sale for Medical Purposes license to sell cannabis under the Cannabis Act (Canada). The license is effective as of June 21, 2019.

Luminosity Gaming Signs Four New Esports Influencers With Over 7M Followers and Launches the “LG Fortnite House” in Florida

TORONTO, June 18, 2019 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast” or the “Company”), the largest publicly traded video game media and esports company in North America, is excited to announce that Luminosity Gaming (“Luminosity”) has signed four celebrity esports influencers to its team and launched the “LG Fortnite House”, a house and content hub for the Luminosity roster of gaming and esports professionals. The Luminosity team will be living and playing out of the house in Florida, and will continue to create rich content for the existing Luminosity Fanbase.

Mission Ready Receives CAD$22.3 Million Contract Award

VANCOUVER, British Columbia, June 19, 2019 (GLOBE NEWSWIRE) — Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV:MRS) is pleased to announce that, through its wholly-owned subsidiary, Unifire, Inc. (“Unifire”), it has received an individual contract award from the Defense Logistics Agency (the “Award”) valued at CAD$22,327,242.

High Tide Closes Final Tranche of Oversubscribed Convertible Debenture Offering

CALGARYJune 17, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (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 closed the final tranche (the “Final Tranche”) of the sale of unsecured convertible debentures (the “Debentures”) of the Company under the non-brokered private placement (the “Offering”) previously announced on April 10, 2019. Gross proceeds from the Final Tranche were $3,200,000 and included a subsequent investment of $1,000,000 from Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), one of the Company’s key industry partners.

Snipp Interactive Inc. Receives US$ 125,000 Program Upgrade Order From a Leading Global CPG Company

TORONTO, June 18, 2019 (GLOBE NEWSWIRE) — Snipp Interactive Inc. (“Snipp” or the “Company”) (TSX-V: SPN; OTCPK: SNIPF), a global provider of digital marketing promotions, rebates and loyalty solutions, today announced that it has received a US$125,000 program upgrade order from a leading CPG company (the ‘Customer’). The upgrade will be completed within the third quarter of this fiscal year. The Customer, an existing longstanding Snipp client, is an American multinational personal care corporation listed among the Fortune 500. Their brands can be found in almost every American household with a product range that includes facial tissues, feminine hygiene products, toilet paper, utility wipes, disposable diapers and baby wipes.

High Tide Closes Final Tranche of Oversubscribed Convertible Debenture Offering

CALGARY, June 17, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (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 closed the final tranche (the “Final Tranche”) of the sale of unsecured convertible debentures (the “Debentures”) of the Company under the non-brokered private placement (the “Offering”) previously announced on April 10, 2019. Gross proceeds from the Final Tranche were $3,200,000 and included a subsequent investment of $1,000,000 from Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), one of the Company’s key industry partners.

World Class and Quadron Announce Closing of Plan of Arrangement

TORONTO and VANCOUVER, British Columbia, June 17, 2019 (GLOBE NEWSWIRE) — World Class Extractions Inc. (“World Class”) (CSE: PUMP) and Quadron Cannatech Corporation (“Quadron”) (CSE: QCC) are pleased to announce that that they have completed their previously announced plan of arrangement (the “Arrangement”) under the provisions of the Business Corporations Act (British Columbia), pursuant to which World Class has acquired all of the common shares of Quadron (the “Quadron Shares”) following Quadron’s amalgamation with World Class’s wholly-owned subsidiary, 1212476 B.C. LTD., to form a new wholly-owned subsidiary of World Class continuing as “Quadron Cannatech Corporation” (“Amalco”).