Agoracom Blog Home

Posts Tagged ‘Cannabis Beverages’

Molecule $MLCL.ca Receives Shipment of Aluminum Cans and Ramps up Production for Anticipated Shipments to Ontario Cannabis Store $TPX.A.ca $ACB.ca $WEED.ca

Posted by AGORACOM at 9:44 AM on Tuesday, March 9th, 2021
Molecule

March 9 2021 – Ottawa,  Ontario – Molecule Holdings Inc. (CSE:MLCL) (CNSX:MLCL.CN) (“ Molecule ” or the “ Company ”), a Canadian craft-focused cannabis beverage production company, is pleased to announce that it has received a full shipment of 355 ml. sleek aluminum cans.

This shipment will allow Molecule to scale production, enabling the company to fulfill its opening list of orders expected from the Ontario Cannabis Store (“ OCS ”) later this week.

“Aluminum cans are the top choice for consumers looking for ready-to-drink adult beverages. Soaring consumer demand, coupled with global supply-chain issues have created a perfect storm for supply issues,” said President and CEO Phil Waddington.

Read More: https://agoracom.com/ir/MoleculeHoldings/forums/discussion/topics/756878-molecule-receives-shipment-of-aluminum-cans-and-ramps-up-production-for-anticipated-shipments-to-ontario-cannabis-store/messages/2307194#message

Molecule $MLCL.ca Engages North Equities Corp. for Digital Marketing and PR Services $TPX.A.ca $ACB.ca $WEED.ca

Posted by AGORACOM at 11:43 AM on Thursday, February 25th, 2021
Molecule

February 25, 2021 – TheNewswire – Ottawa,  Ontario – Molecule Holdings Inc. (C NSX :MLCL. CN )  (“ Molecule ” or the “ Company ”), a Canadian craft-focused cannabis beverage production company, is pleased to announce that it has engaged Toronto-based marketing firm North Equities Corp. (“ North Equities ” or “ NE ”), which specializes in various social media platforms, to facilitate greater investor engagement and widespread dissemination of the Company’s news.

In addition to press releases, the Company will be posting important information and updates through videos from the official Company YouTube Channel .

Pursuant to the terms of the agreement between the Company and North Equities (the “Agreement”), the Company has issued North Equities 500,000 common shares at a price of $0.14 per share as payment of $70,000 invoiced to the Company. No further payments are due for the duration of the Agreement’s 6 month term. The common shares issued to North Equities are subject to a hold period expiring on June 24, 2021.

Read More: https://agoracom.com/ir/MoleculeHoldings/forums/discussion/topics/756061-molecule-engages-north-equities-corp-for-digital-marketing-and-pr-services/messages/2305338#message

Molecule $MLCL.ca Receives First Deposit and Signs Definitive Agreement With Proper Cannabis for Cannabis Beverage Production and Announces Grant of Stock Options $TPX.A.ca $ACB.ca $WEED.ca

Posted by AGORACOM at 10:56 AM on Thursday, February 11th, 2021
Molecule
  • The agreement with Proper is exclusive and covers all markets in Canada for the production and distribution of cannabis beverages
  • The deal represents Molecule’s first receipt of funds related to co-packing cannabis beverages
  • beverages are sold to Provincial wholesalers via a sales-license partnership with Vortex Cannabis Inc.

February 11 2021 – TheNewswire – Ottawa,  Ontario – Molecule Holdings Inc. (CNSX:MLCL.CN)  (“Molecule” or the “Company”), a Canadian craft-focused cannabis beverage production company, is pleased to announce that it has finalized the definitive agreement with Proper Cannabis (“Proper), and has received its initial deposit for production and distribution of cannabis beverages. The company also granted stock options in accordance with its Stock Option Plan.

Molecule is a licensed cannabis beverage manufacturing company, which produces beverages for brand-partners, as well as producing its own house brands. The beverages are sold to Provincial wholesalers via a sales-license partnership with Vortex Cannabis Inc. The definitive agreement with Proper is exclusive and covers all markets in Canada for the production and distribution of cannabis beverages. Molecule has now begun producing and storing these beverages, in preparation to begin selling to the Ontario Cannabis Store (OCS) and other provincial retailers.

“Proper first approached us in 2018, and we have been working together ever since. We are very happy to announce the signing of this agreement with Proper, and the subsequent receipt of a deposit for cannabis beverage production. This is a big milestone for Molecule, as it represents our first receipt of funds related to co-packing cannabis beverages,” said Molecule President and CEO Phil Waddington.

“Proper is thrilled to partner with Molecule to bring our Proper craft cannabis infused sparkling water to market. We are not a large company, but we have big aspirations to deliver passionately created beverages to consumers who share our values and tastes,” said Proper Founder, Derek Prentice.

Read More: https://agoracom.com/ir/MoleculeHoldings/forums/discussion/topics/755167-molecule-receives-first-deposit-and-signs-definitive-agreement-with-proper-cannabis-for-cannabis-beverage-production-and-announces-grant-of-stock/messages/2303208#message

VIDEO – Molecule $MLCL.ca Is At The Forefront of The Cannabis Beverage Revolution, with Landmark Licensing Deal And Estimated Revenue Run Rate of $18.5m $WEED.ca $TPX.A.ca $ACB.ca

Posted by AGORACOM-JC at 9:30 AM on Thursday, January 28th, 2021

Phil Waddington / President and CEO of Molecule Holdings Inc. / (MLCL:CSE) discusses the craft-focused, cannabis beverage production company’s cutting-edge work in the nascent Canadian market. 

Boasting a 200,000 square foot production facility based in Ontario, the company has just been given the green light to begin selling its unique line of cannabis-infused beverages throughout Canada, starting in Ontario and Québec. 

The company’s recent partnership with Vortex Cannabis Inc. allows Molecule to bring its unique line of cannabis-infused beverage products to market this year, while completing its own sales amendment application. 

Molecule Highlights:

  • Molecule’s recent deal with Vortex Cannabis Inc. allows it to begin selling its unique line of cannabis-infused beverages throughout Canada this year.
  • Vortex will sell products produced by Molecule to provincial retailers, starting with Ontario and Québec.
  • Molecule has a 200,000 square foot production facility based in Ontario, offering huge capacity.
  • The company forecasts 2021 Q1 revenue of $3.5m, 2021 Q2 revenue of $5.8m, and a 2021 Run Rate revenue of $18.5m
  • An early leap of faith into this emerging industry in 2018 has positioned the company well ahead of the pack now.
  • “We are excited to move into full scale production and sale,” says CEO Phil Waddington.