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WeedMD $WMD $WDDMF Announces Participation in Upcoming Investor Events $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by Jesse Champagne at 10:39 AM on Monday, April 19th, 2021
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  • George Scorsis, WeedMD’s CEO and Executive Chair, is scheduled to participate at The Planet MicroCap Showcase Virtual Event and Prohibition Partners LIVE

TORONTO, April 19, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that George Scorsis, WeedMD’s CEO and Executive Chair, is scheduled to participate in the following upcoming investor events. 

Planet MicroCap Showcase Virtual Panel – The Global Cannabis Industry in 2021
Date:
URL:
Tuesday, April 20, 2021 at 8:00 pm ET
https://planetmicrocapshowcase.com

The Planet MicroCap Showcase Virtual Event brings together the most promising companies and the top dealmakers in MicroCap Finance for three (3) days of company presentations, 1:1 meetings and educational panels in the premier virtual event in MicroCap finance. 

Prohibition Partners LIVE 2021 Global Virtual Cannabis Conference
Date:
URL:
May 18 – 20, 2021
https://prohibitionpartners.live/

Prohibition Partners LIVE is a global virtual cannabis conference and has seen 500+ industry-leading speakers, hosted agenda-defining content, and welcomed thousands of attendees from every continent. Prohibition Partners LIVE provides entrepreneurs, investors, and operators the edge in this rapidly moving market.

For more information or to schedule a one-on-one meeting with WeedMD, please contact KCSA Strategic Communications at [email protected] or the event organizers directly.

To read more, click here.

WeedMD $WMD $WDDMF Appoints Dynamic Leader Beth Carreon as New Chief Financial Officer $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by Jesse Champagne at 1:56 PM on Wednesday, April 14th, 2021
  • Formerly of Tilray Canada and Nestlé Canada, brings over 20 years of corporate finance, banking, M&A, and CPG experience
  • Succeeds Lincoln Greenidge who is stepping down from CFO role effective April 30th, 2021

TORONTO, April 14, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD(OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that Beth Carreon, a seasoned financial executive with broad experience in corporate finance, mergers and acquisitions (M&A), banking and consumer-packaged-goods (CPG), joins the Company as Chief Financial Officer, effective May 3rd, 2021. She succeeds Lincoln Greenidge, who will be stepping down from his role as CFO effective April 30th, 2021.

Most recently, Ms. Carreon served as Vice President of Finance at Tilray Canada where she successfully led and managed the company’s global treasury, shared services and financial planning teams as well as M&A integration activities. She brings significant experience in both the cannabis and the CPG industries, having previously worked over 12 years at Nestlé Canada Inc. in progressive finance leadership roles. Ms. Carreon began her career as an auditor and management consultant with tenures at major accounting firms including Ernst & Young, PricewaterhouseCoopers and Deloitte.

“We are thrilled to welcome Beth to our team as we move into a period of aggressive commercial expansion and continue to optimize our operations for future sustainable revenue growth,” said George Scorsis, CEO and Executive Chair, WeedMD. “Beth is a dynamic and inspiring leader with an excellent reputation for execution. Her extensive experience in securing tactical development opportunities, both internally and externally, brings considerable bench-strength to the team as we drive to meet our profitability goals going forward.”

Mr. Scorsis added, “I want to thank Lincoln for all his contributions during our pivotal, year-long integration period with Starseed Medicinal and we wish him all the best in his future pursuits.”

Ms. Carreon commented, “I’m excited to be joining the WeedMD family at this watershed moment as the Company progresses to the next phase of its commercialization plans and growth strategy. I’ve long admired WeedMD’s culture, cultivation pedigree and innovative product portfolio and I look forward to leading its finance organization and contributing to its long-term success.”

A highly experienced finance professional, Ms. Carreon obtained her chartered accountant professional designations, CPA-CMA in Ontario and holds an MBA from Duke University – The Fuqua School of Business and a B.Sc., Accountancy from De La Salle University, Philippines.

Ms. Carreon resides with her family in the Toronto, Ontario area and will be based out of WeedMD’s corporate office in downtown Toronto.

Access WeedMD’s 2021 Shareholder Newsletter here. Information about upcoming corporate events can be found here.

To read more, click here.

WeedMD $WMD $WDDMF to Host Fiscal Year-End 2020 Conference Call on April 30, 2021 $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by AGORACOM-JC at 9:16 AM on Friday, April 9th, 2021

  • Will file its financial statements and management’s discussion and analysis for the fourth quarter and fiscal year ended December 31, 2020, after market close on Thursday, April 29, 2021.
  • The Company will host a conference call to discuss these results, and provide an operational update on Friday, April 30, 2021 at 10 a.m. Eastern Time.

TORONTO, April 09, 2021 – WeedMD Inc. ( TSX-V:WMD ) (OTCQX:WDDMF) (FSE:4WE) (“ WeedMD ” or the “ Company ”), a federally licensed producer and distributor of medical-grade cannabis, announced today that it will file its financial statements and management’s discussion and analysis for the fourth quarter and fiscal year ended December 31, 2020, after market close on Thursday, April 29, 2021. The Company will host a conference call to discuss these results, and provide an operational update on Friday, April 30, 2021 at 10 a.m. Eastern Time.

The call will be hosted by CEO and Executive Chairman George Scorsis and CFO Lincoln Greenidge. Management will be available for questions following opening remarks.

Conference Call Details:

Date:Friday, April 30 th , 2021
Time:10 a.m. Eastern Time
Dial-in Number:Canada/USA: 1-800-319-4610. International Toll: 1-604-638-5340
 Participants, please dial in and ask to join the WeedMD call
Replay Dial-in:Canada/USA: 1-800-319-6413. International Toll: 1-604-638-9010
 Replay Access Code: 6629
 Available after 12:00 p.m. Eastern Time, until May 30, 2021

Supplemental Listing of Warrants

WeedMD confirms that effective March 30, 2021, the TSX Venture Exchange (the “TSXV”) listed 19,046,875 common share purchase warrants (the “Warrants”) for trading under the symbol “ WMD.WT.A ” in connection with the Company’s previously announced bought deal short-form prospectus offering of units. Read here for more information.

Access WeedMD’s 2021 Shareholder Newsletter here . Updated investor presentation and corporate deck can be found here .

Read More: https://agoracom.com/ir/WeedMD/forums/discussion/topics/758782-weedmd-to-host-fiscal-year-end-2020-conference-call-on-april-30-2021/messages/2311374#message

$WMD $WDDMF Added to Horizons Marijuana Life Sciences $HMMJ Index ETF $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by Jesse Champagne at 9:06 AM on Tuesday, March 30th, 2021
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*HMMJ is the first ETF in the world to offer direct exposure to North American-listed legal cannabis stocks

TORONTO, March 30, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, is pleased to announce the Company has been added to the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) following HMMJ’s quarterly rebalancing, marking the Company’s return to this index of publicly traded North American companies with significant business activity in the cannabis industry. This follows the addition of WeedMD to the North American Marijuana Index, the underlying index of HMMJ, the first exchange-traded fund (ETF) in the world to offer direct exposure to North American-listed stocks that operate in the legal cannabis industry.

HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index (the “Index”), net of expenses. The Index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. The North American Marijuana Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the Marijuana industry.

The holdings of HMMJ and its current portfolio weights are regularly updated and available at https://www.HorizonsETFs.com/HMMJ.

Follow WeedMD and its brands on LinkedIn

Twitter: WeedMDColor CannabisSaturday Cannabis & Starseed

Instagram: WeedMDColor Cannabis,Saturday CannabisStarseed

To read more, click here.

$WMD $WDDMF Announces Listing of Warrants, New Digital Marketing Agreement $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by Jesse Champagne at 9:15 AM on Monday, March 29th, 2021

*19MM common share purchase warrants listed for trading on TSXV
*Enlists AGORACOM for online outreach + marketing

TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that the TSX Venture Exchange (the “TSXV”) has accepted for listing 19,046,875 common share purchase warrants of the Company (the “Warrants”) issued in connection with the Company’s previously announced bought deal short-form prospectus offering of units. The TSXV has advised that these Warrants will be listed for trading on the TSXV under the symbol “WMD.WT” effective at market open on March 30, 2021.

Each Warrant entitles the holder thereof to purchase one common share of the Company (a “Common Share”) at an exercise price of $0.60 per Common Share until March 12, 2023. If after March 12, 2022 the daily volume-weighted average trading price of the Common Shares on the TSXV is equal to or greater than $0.96 per Common Share for the preceding 10 consecutive trading days, the Company shall have the right to accelerate the expiry date of the Warrants to a date that is 30 trading days following the date of the Company issues a press release disclosing such acceleration.

The Warrants are governed by a warrant indenture between the Company and TSX Trust Company dated March 12, 2021, a copy of which is available under the Company’s profile at www.sedar.com.

Digital Marketing & Awareness Service Agreement

WeedMD also announced today that it has engaged Agora Internet Relations Corp. (“AGORA“), a digital media marketing company that provides online outreach services (such as advertising, marketing and branding) to small and mid-cap public companies, effective as of March 18, 2021 (the “Service Agreement”) for an initial term of one year. The Company expects to receive significant exposure through millions of content brand insertions and extensive search engine marketing on the AGORACOM network over the period. Pursuant to the Service Agreement, WeedMD intends to issue shares to AGORA in exchange for the online services. The Company will pay a total fee of C$100,000 + HST by way of common shares (“Shares for Services”) of the Company, in incremental payments as follows:

  • $20,000 + HST Shares for Services due upon commencement effective March 18, 2021 for initial set up of HUB, marketing materials and search engine programs;
  • $20,000 + HST Shares for Services at end of third month June 18, 2021;
  • $20,000 + HST Shares for Services at end of sixth month September 18, 2021;
  • $20,000 + HST Shares for Services at end of ninth month December 18, 2021; and
  • $20,000 + HST Shares for Services at end of term March 31, 2022.

Per TSX Venture Policy 4.3 (Section 6.1), the deemed price of the securities to be issued will be determined after the date the services are provided to WeedMD in each period and be based upon the undiscounted market price of the Company’s common shares at the relevant time.

The agreement and issuance of shares is subject to the approval of the TSX Venture Exchange.

AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.

The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

This press release does not constitute an offer to sell or a solicitation of any offer to buy the securities in the United States, in any province or territory of Canada or in any other jurisdiction. There shall be no sale of the securities in any jurisdiction in which an offer to sell, a solicitation of an offer to buy or sale would be unlawful.

To read more, click here.

$WMD $WDDMF’s Color Cannabis Expands Product Portfolio with Debut of Live Resin in Pedro’s Sweet Sativa Cultivar $CRON $GTBIF $INDS $FAF.ca $WEED.ca

Posted by Jesse Champagne at 2:29 PM on Thursday, March 25th, 2021

*Strain-specific Live Resin product set for release under Color Cannabis adult-use brand
*Available for purchase from Ontario Cannabis Store in May

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD(OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce the debut of its strain-specific live resin product for release under its Color Cannabis adult-use brand, 510-thread vaporization carts. Products will be available for purchase from the Ontario Cannabis Store starting in May, 2021 with eventual expansion to additional provinces and retailers. The live resin line offered in Pedro’s Sweet Sativa cultivar is the first in a series of new extract products recently announced by the Company that will eventually expand to feature solventless hash and rosin concentrates.

WeedMD partnered with Ontario’s Peak Processing, a highly-skilled, third-party processer that specializes in developing hydrocarbon extract of freshly harvested and frozen cannabis biomass to produce live resin formulations. This process ensures the cannabinoid and terpene-rich trichomes are preserved at harvest to produce some of the purest, true-to-nature forms of concentrates from the Company’s award-winning genetics.

“With the launch of our live resin products, we’re excited to introduce consumers to another authentic offering featuring the unique cultivar that is Pedro’s Sweet Sativa,” said Joseph Mele, Senior Vice President, Commercial Sales and Marketing, WeedMD. “The goal with all Color Cannabis products is to expand consumers’ awareness – particularly for those seeking unique terpene profiles and new premium, high-value concentrates. Peak Processing has carefully extracted live resin from fresh-frozen Pedro’s Sweet Sativa, grown and processed alongside our skilled teams, and we’re looking forward to adding more cultivars to this innovative line-up.”

WeedMD is expected to release additional Cannabis 2.0 extract products including solventless hash and rosin concentrates throughout 2021, under its Color Cannabis and Saturday Cannabis adult-use brands. Product development for both solventless cannabis concentrates, including bubble hash and rosin extract products, is currently underway alongside WeedMD and its highly skilled third-party processors currently undergoing trialling processes.

The Company has further developed a unique, in-house sub-critical CO2 extract post-processing methodology, which preserves the flower’s terpene profile and results in a malleable, semi-solid high-potency cannabis extract product. Trials to confirm scalability and product integrity are also currently underway at the Company’s Aylmer, Ontario processing and extraction hub.

Extract products will be produced using WeedMD’s own biomass, grown on-site at the Company’s state-of-the-art greenhouse and outdoor field in Strathroy, Ontario.

Access WeedMD’s 2021 Shareholder Newsletter here. Information about upcoming corporate events can be found here.

To read more, click here.