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CULTA Announces Move to New Bethesda Office to Support Continuing Growth
CULTA Announces Move to New Bethesda Office to Support Continuing GrowthCommon Citizen, a vertically integrated business in Michigan’s medical and adult-use cannabis markets, brought on Allison Hornev as the company’s chief marketing officer. Hornev arrives from Bell’s Brewery Inc., another stalwart of the Michigan landscape. The move is a good example of that bridge between the breweries and cannabis cultivation facilities. Each market tends to connoisseurs and new customers alike, making the story behind a brand incredibly important. Before Bell’s, Hornev worked as Kellogg’s.“Through Allison’s marketing expertise, she will help our continued efforts to identify and serve the unique needs of every patient and adult-use customer at all Common Citizen retail and wholesale locations as we continue expanding our footprint here
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Flowr and Hawthorne Canada Jointly Announce the Completion of Cannabis Research and Development Facility
Flowr and Hawthorne Canada Jointly Announce the Completion of Cannabis Research and Development FacilityTORONTO and PORT WASHINGTON, N.Y., Jan. 05, 2021 (GLOBE NEWSWIRE) -- PRESS RELEASE -- North America’s first research and development facility dedicated to advancing cannabis cultivation techniques and systems has been completed by The Flowr Corporation and Hawthorne Canada Limited. Hawthorne is a subsidiary of the Hawthorne Gardening Company division of The Scotts Miracle-Gro Company. Scotts Miracle-Gro is a marketer of branded consumer lawn and garden products and indoor growing solutions. Flowr cultivates and sells premium cannabis to medical and adult-use markets in Canada, Europe and Australia.Located on Flowr’s cultivation campus in Kelowna, British Columbia, Canada, the R&D Center includes laboratories, indoor grow suites and training areas
Aleafia Health Announces Intention to Repay $25M Convertible Debenture with Cash
Aleafia Health Announces Intention to Repay $25M Convertible Debenture with Cash Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce its intention to repay in cash its 8% unsecured convertible debt (the “Convertible Debt”) which matures on February 2, 2021. The Convertible Debt was issued by Emblem Corp. on February 2, 2018, and Emblem was acquired by the Company on March 14, 2019. The Company currently has no materially significant senior secured debt, and its facilities are fully unencumbered, providing further flexibility for additional financing if necessary. The repayment will result in a $2 million reduction in annual interest expenses. “Through continued fiscal discipline over the course of 2020 and our focus on sustainable growth, we
Halo Completes the Acquisition of 1275111 B.C. Ltd. and Private Placement
Halo Completes the Acquisition of 1275111 B.C. Ltd. and Private Placement TORONTO, Dec. 30, 2020 /CNW/ – Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO) (OTCQX: AGEEF) (Germany: A9KN) is pleased to announce it has closed its previously announced acquisition of 1275111 B.C. Ltd. (“1275111“) on the terms described in the press release dated December 22, 2020 (the “Transaction“). Halo issued an aggregate of 147,475,343 common shares of Halo (“Halo Shares“) on closing of the Transaction. In addition, the Company has closed its previously announced non-brokered private placement (the “Private Placement“) pursuant to which an aggregate of 40,909,090 Halo Shares were issued at a price of C$0.055 per share for aggregate gross proceeds of approximately C$2,250,000 (the “Private Placement“). Proceeds of the