#psychedelic « AGORACOM Small-cap Investor Relations Blog

Posts Tagged ‘#psychedelic’

Red Light Holland’s $TRIP.ca Science and Innovation Division, Scarlette Lillie Joins Medical Psychedelics Working Group with Leading Academics $SHRM.ca $RVV.ca

Posted by AGORACOM at 9:14 AM on Thursday, September 17th, 2020

Toronto, Ontario–(Newsfile Corp. – September 17, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company“), an Ontario-based corporation positioning itself to engage in the production, growth and sale of its brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that Red Light Holland’s Science and Innovation division, Scarlette Lillie Science and Innovation (“Scarlette Lillie“), has joined the Medical Psychedelics Working Group (“MPWG“), a consortium of drug science experts, leading academics and researchers, policy specialists and industry partners. MPWG’s aim is to create a rational and enlightened approach to psychedelic research and clinical treatment. MPWG will explore innovation within the psychedelic space with a specific focus on how psychedelics can be integrated into primary and secondary healthcare. The Company believes that evidence-based science, sharing data, and strong partnerships are keys to success for the psychedelic community.

“We are elated to join the most respected experts in the industry. To be able to have open communication with leading academics like Professor David Nutt, Dr. Robin Carhart-Harris and Dr. Jo Neill is a major development for Scarlette Lillie Science and Innovation. Access is key in life and having access to the top minds in this sector is something we are all very excited about,” said Red Light Holland CEO and Director, Todd Shapiro.

“When we were approached by Red Light Holland’s Scarlette Lillie Science and Innovation, we were more than happy to include them in this very important working group. We are grateful for their support and we recognize the Company’s genuine and authentic approach to helping make positive change in this world through psilocybin research, education and information. We are thrilled to have Scarlette Lillie join our very MPWG,” stated Professor Jo Neill.

“Both Sarah Hashkes and I are pleased to be able to brainstorm and continue developing these important synergies with our peers in the field of Medical and Science Research to help elevate the Psychedelic Sector as a whole,” added Dr. Joe Geraci, Scarlette Lillie’s Scientific Advisor and CEO of Netramark.

About MPWG

MPWG is a working group of experts, policy makers and scientists. Its primary role is to campaign for the rescheduling of all psychedelic drugs for research and medical purposes.

About Red Light Holland Corp.

The Company is an Ontario-based corporation positioning itself to engage in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal, recreational market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on the Company:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, stocks, tsx
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Berkeley Opens Its Mind to Psychedelics with New Research Centre SPONSOR: Red Light Holland $TRIP.ca $SHRM.ca $RVV.ca

Posted by AGORACOM at 9:57 AM on Wednesday, September 16th, 2020

Sponsor: Red Light Holland’s goal is to grow, distribute and market a premium brand of magic truffles to the legal, recreational market within the Netherlands, and we can’t wait to shift the existing paradigm to direct further attention to the legal and responsible use of magic truffles. Click Here For More Info

The University of California at Berkeley is getting the dirt on mushrooms.

The school announced on Monday that it will be launching the UC Berkeley Center for the Science of Psychedelics — an institute devoted to expanding and better understanding the effects hallucinogens have on the human brain, according to Marijuana Moment.

“There’s never been a better time to start a centre like this,” said neuroscientist David Presti, one of the founding members of the project. “The renewal of basic and clinical science with psychedelics has catalyzed interest among many people.”

Buoyed by an anonymous US$1.2-million donation, the centre will begin its research by looking at psilocybin — the hallucinogenic component of mushrooms that has received increased attention at other institutions recently for its ability to treat conditions previously thought untreatable.

“Some of these studies have produced striking results in cases that are otherwise resistant to more conventional medical treatment,” said Michael Silver, a neuroscientist and the director of the new centre. “This suggests that psychedelic compounds may offer new hope for people suffering from these disorders.”

Researchers are also working with the university’s graduate theological union to train students to be “facilitators” during psychedelic ceremonies with a focus on the “cultural, contemplative and spiritual care dimensions of psychedelics.”

Study at the centre will be geared toward understanding what happens in the human brain during a psychedelic experience. Researchers hope to gain insight into how visual hallucinations manifest themselves in the brain and the effect they have on a person’s identity, ability to cope with stress and even their social and political attitudes.

“Psychedelic medicines can open a doorway to seeing one’s psyche and connection with the world in new and helpful ways,” Presti said. “That’s been appreciated by shamanic traditions for thousands of years. Science is now exploring new ways to investigate this.”

Currently, psilocybin mushrooms are classified as a Schedule I drug by the FDA, the same category as heroin and cannabis. To be a Schedule I drug means the substance in question holds no medicinal value. As researchers find mushrooms have a positive effect on anxiety, treatment-resistant depression, and Seasonal Affective Disorder, that could change.

Like cannabis, psilocybin has a long track record of relative safety among recreational users, and it is not toxic. Unlike some drugs that treat anxiety and other mental conditions, psilocybin is not prone to dependence. But given its hallucinogenic effect, lawmakers may be reticent to allow distribution of the psychedelic drug without more restrictions.

SOURCE: https://theprovince.com/wellness/berkeley-opens-its-mind-to-psychedelics-with-new-research-centre/wcm/3ae4ae9e-7f88-42cf-9e17-ba77318dd03c/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, stocks, tsx, tsx-v
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Red Light Holland $TRIP.ca Announces iMicrodose Launch Party on September 25th, 2020 and Engages Leading European Experiential Creative Agency to Host the Premiere Event in Amsterdam $SHRM.ca $RVV.ca

Posted by AGORACOM-JC at 9:05 AM on Tuesday, September 15th, 2020

Engaged Guest Agency, a leading European experiential creative agency, to host the launch event of iMicrodose Microdosing Packs, in the Netherlands.
Guest Agency has sought the assistance of their trusted partner, Maison PR for PR and Influencer support
The iMicrodose Launch Event will be held Friday, September 25th, 2020, in Amsterdam at the A’DAM the Loft from 6-9 p.m (CEST) for press, artists, thought-leaders, successful entrepreneurs, local celebrities, and social media influencers

Toronto, Ontario–(September 15, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company“), an Ontario-based corporation positioning itself to engage in the production, growth and sale of its brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce it has engaged Guest Agency (“Guest Agency“), a leading European experiential creative agency, to host the launch event of iMicrodose (the “iMicrodose Launch Event“), Microdosing Packs, in the Netherlands. Guest Agency has sought the assistance of their trusted partner, Maison PR (“Maison PR“) for PR and Influencer support.

Guest Agency, founded in 2007, has worked with numerous high caliber clients such as Diageo, Burberry, BMW, Moët & Chandon, Ketel One & Cartier. Their expertise lies in bringing to life immersive, creative experiences and creating brand fans for high regarded and world famous companies.

“We are excited to make a premium splash with our iMicrodose packs to the Netherlands market. We carefully chose Guest Agency housed in Amsterdam, due to their incredible experience with some of the most influential and important brands this world has fallen in love with! We expect the same when people discover iMicrodose, powered by Red Light Holland,” said Todd Shapiro, Chief Executive Officer and Director of the Company. “I’m also pleased to work with Maison PR, to have an opportunity to speak to the press in the Netherlands, as I’m extremely comfortable with the media where we can proudly share information and educate the masses about our iMicrodose product and the Company’s overall vision.”

The iMicrodose Launch Event will be held Friday, September 25th, 2020, in Amsterdam at the A’DAM the Loft from 6-9 p.m (CEST) for press, artists, thought-leaders, successful entrepreneurs, local celebrities, and social media influencers. The event will feature a global live stream presentation by CEO Todd Shapiro, as well as President Hans Derix and will feature local live artists and DJs. The link to the live stream will be available on the company’s website www.redlighttruffles.com

Pictured: A’DAM The Loft

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2017/63859_325daf60e426d875_001full.jpg

Pictured: A’DAM the Loft

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2017/63859_325daf60e426d875_002full.jpg

Red Light Holland also announces the resignation of Lowell Kamin as member of the board of directors (the “Board“) of the Company.

The remaining members of the Board and the Company thank Mr. Kamin for his contributions and wish him success with his future endeavors.

About Guest Agency.

Guest Agency is an independent, creative agency focused on telling brand stories and creating word of mouth for various brands that want to create lasting connections with their audience and customers.

Since 2007, Guest Agency has been working for premium, international conglomerates and brands, but also loves to work with local heroes and disruptive players aiming to be (inter)national champions.

Guest Agency is not just another agency, but a hybrid of creativity-driven and execution-strong professionals. With a passionate team of marketeers, creatives, designers and project and event specialists, they create and deliver memorable concepts and campaigns with passion and conviction.

About Red Light Holland Corp.

For additional information on the Company:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Forward-Looking Statements

Neither the Canadian Securities Exchange (the “CSE”) nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward- looking statements contained herein include, but are not limited to, information the timing and other aspects of the iMicrodose Launch Event, including anticipated guests. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward- looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. In particular, there is no guarantee that iMicrodose Launch Event will occur on September 25, 2020, or at all. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

Not for distribution to United States newswire services or for dissemination in the United States.

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, stocks, tsx
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Thoughtful Brands $TBI.ca Reports August, July and June 2020 Revenue Totaling of CDN$8,861,000 for Nature’s Exclusive $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 6:46 AM on Tuesday, September 15th, 2020

VANCOUVER, BC / ACCESSWIRE / September 15, 2020 / Thoughtful Brands, Inc. (CSE:TBI)(FWB:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“), a global natural health products and eCommerce technology company, is pleased to report its financial results for August, July and June 2020. Revenue for the month of August totaled Cdn$3,809,000 with related expenses of Cdn$3,652,000, revenue for the month of July totaled Cdn$2,340,000 with related expenses of Cdn$2,418,000, and revenue for the month of June totaled $2,712,000 with related expenses of Cdn$2,775,000. Revenues generated during the period of June to August 2020 represents an increase of 19%, over the same period in 2019.

The Company’s August 2020 financial results follow recent strategic acquisitions, expansions into new marketplaces and strong sales performances from established brands:

In August 2020 Thoughtful Brands enhanced its portfolio in the nutraceutical and hemp-based CBD product space through the acquisition of Golden Path LLC and Wild Mariposa LLC, two direct-to-consumer eCommerce brands offering natural health products throughout the U.S.
In July 2020, the Company announced a European expansion through a joint venture with Franchise Cannabis Corp. Thoughtful Brands will now sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the UK, utilizing its well-established eCommerce platform.

“By executing our meticulously planned growth strategy, the Company was positioned for a productive August and is poised to embark on even more new ventures for the remainder of 2020,” said Thoughtful Brands CEO Ryan Hoggan. “With new consumer brands on our roster and new customers abroad, there are plenty of activities in the Thoughtful Brands pipeline to look forward to.”

In addition, in August 2020 Thoughtful Brands launched Ecommerce Tech LLC (“Ecommerce Tech“), a new wholly owned subsidiary of the Company in the United States. Going forward, Ecommerce Tech will serve as the comprehensive operational engine for all Thoughtful Brands eCommerce ventures, paving the way for the Company to capture previously unrealized value from the products it launches in the online natural health market and launch new products in the emerging natural health markets worldwide more efficiently than before.

“Our powerful new software platform is another reason to eagerly anticipate what fall 2020 has in store for Thoughtful Brands,” added Hoggan.

The Company cautions that reported figures for revenue and expenses have not been audited and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from United States Dollars into Canadian Dollars using an exchange rate of $1.00 (US):$1.355 (Canadian) for June 2020, $1.00 (US):$1.3499 (Canadian) for July 2020, and $1.00 (US):$1.3222 (Canadian) for August 2020 .

About Thoughtful Brands Inc.

Thoughtful Brands Inc. is an eCommerce technology company that researches, develops, markets, and distributes natural health products through various brands in North America and Europe. Through continuous strategic acquisitions, the Company has a strong footprint in the CBD market, as well as the burgeoning psychedelic medicine sector. Thoughtful Brands owns and operates a 110,000 square foot pharmaceutical manufacturing facility in Radebeul, Germany, where its highly skilled team conducts clinical studies utilizing naturally occurring psilocybin and other compounds found in psychedelics for the treatment of opiate addiction, while planning for future opportunities to create proprietary psilocybin products.

ON BEHALF OF THE BOARD OF DIRECTORS
THOUGHTFUL BRANDS INC.

Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected]

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis
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Thoughtful Brands $TBI.ca Launches European Expansion Through Fully Funded Joint Venture with Franchise Cannabis $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 9:01 AM on Tuesday, September 8th, 2020

Formed a joint venture with Franchise Cannabis Corp. to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom

VANCOUVER, BC / ACCESSWIRE / September 8, 2020 / Thoughtful Brands Inc. (CSE:TBI FWB: 1WZ1; OTCQB: PEMTF) (the “Company” or “Thoughtful Brands“), a global natural health products and eCommerce technology company, is pleased to announce the formation of its joint venture with Franchise Cannabis Corp. (“Franchise“) to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom (the “JV Territory“).

The parties’ will share equal ownership in the joint venture. Franchise will manage procurement and fulfillment of customer orders from its European manufacturing facilities. Thoughtful Brands will provide marketing and eCommerce operations infrastructure in the JV Territory.

Franchise is a leading European-focused cannabis and pharmaceutical distribution company based in Germany with two Good Distribution Practices (GDP) certified distribution facilities, exporting to over 18 countries and currently serving a network of over 1,500 pharmacies within Germany for medical cannabis sales.

“The Thoughtful Brands agreement with Franchise ensures we are in a strong position to continue our European expansion,” said Thoughtful Brands CEO Ryan Dean Hoggan. “Our marketing expertise coupled with Franchise’s procurement and distribution facilities will allow us to grow our customer base and generate significant sales with good margins. This joint venture also enables Thoughtful Brands to duplicate the model that has made us so successful in the United States.”

Pursuant to the Transaction Agreement, Franchise has agreed to make a $500,000 equity investment into the Company through a private placement subscription of $0.20 units (the “Units“). Each Unit will consist of one (1) common share of Thoughtful Brands (each, a “Share“) and one (1) Share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder to purchase one additional Share (each, a “Warrant Share“) at a price of $0.28 per Warrant Share for a period of twenty-four (24) months from their date of issue. Thoughtful Brands will then make a $350,000 equity investment into the joint venture, which will be used to develop business operations, including the initial funds to launch Franchise products in Europe using the Company’s advanced eCommerce capabilities. The Units will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

About Thoughtful Brands Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

THOUGHTFUL BRANDS INC.
Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected]

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD, Framchise
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Thoughtful Brands Inc. $TBI.ca Announces Q2 2020 Highlights $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 9:05 AM on Friday, September 4th, 2020

An eCommerce company specializing in natural health products chronicles latest revenue, strategic acquisitions and partnerships, expansion and trajectory
During a period of three months that ended June 30, 2020, the Company recorded revenue of $12,842,934

VANCOUVER, BC / ACCESSWIRE / September 4, 2020 / Global natural health products and eCommerce technology company Thoughtful Brands Inc. (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“), which recently changed its name from Mota Ventures Corp. to better reflect the Company’s long-term growth strategy, is proud to announce its second quarter 2020 earnings results, as reported on August 31, 2020.

During a period of three months that ended June 30, 2020, the Company recorded revenue of $12,842,934, which was primarily due to the operations and strong sales performances of the Nature’s Exclusive CBD brand, whose product line led to a major sales boost amid the COVID-19 pandemic. Cost of goods sold amounted to $11,293,727 during the three months ended June 30, 2020. Cost of goods sold included costs for product fulfillment, as well as eCommerce campaign costs including customer acquisition. Revenues grew by 68% in the second quarter. Customers acquired for the twelve months ended June 30, 2020 reached 202,564 up from 44,207 compared with the twelve months ended June 30, 2019. Gross margin in Q2 2020 increased to 12%, as compared to gross margin in Q1 2020 of 8%, due to increased efficiencies in operations and increased customer acquisition due to online marketing campaigns in the current period.

“The Thoughtful Brands team would like to emphasize the Company’s commitment to its partners, the integral role of supply chain across its businesses, and its unrelenting effort to provide the best possible experience for its customers,” said CEO Ryan Hoggan. “Each of the ventures outlined below is part of our broader expansion plan and we’re looking forward to the remainder of 2020 and beyond.”

Key Highlights for the six months ended June 30, 2020

Financing

In April 2020, the Company completed a non-brokered private placement for gross proceeds of $4.5 million.

Acquisitions & Joint Ventures

On June 1, 2020 the Company completed its acquisition of Verrian, which owns and operates a 110,000 square foot pharmaceutical manufacturing facility in Radebuel, Germany. Operations within this full suite pharmaceutical manufacturing site include analytical laboratory and finished dose manufacturing, which exceed all international quality standards. The facility and equipment of Verrian have been independently appraised at Cdn$10,600,000 and include an analytical laboratory and full pharmaceutical manufacturing suite. Verrian also specializes in the development of psychedelic-derived medicines with the goal of formulating treatments for addictions-including opioids and alcohol. The move propelled Thoughtful Brands into the burgeoning psychedelic market and supports the Company’s forays into the natural health sector beyond the cannabidiol (“CBD“) market.

On April 7, 2020 the Company acquired a 20% ownership interest in Folium Life Sciences Inc., a Health Canada-licensed cannabis cultivator. Folium is expanding its licensed indoor cannabis production facility on Vancouver Island to produce a high quality and consistent cannabis product on site.

On March 25, 2020 the Company, through its Spanish subsidiary Global Zifar S.L., acquired the intellectual property and trade names of “Sativida” in Spain, and will license both back to Sativida in exchange for a royalty associated with the gross revenues generated by Sativida. Sativida is a producer and online retailer of CBD and branded CBD products in certain jurisdictions in Europe, including Spain, Portugal, Austria, Germany, France and the UK. Sativida is also the top search-ranked online retailer of CBD products in Spain and Mexico and plans to continue expanding its footprint in Europe and Latin America.

On January 17, 2020 Thoughtful Brands completed its acquisition of First Class CBD (which was re-branded as Nature’s Exclusive on April 6, 2020), an online direct-to-consumer retail distributor in the United States. Nature’s Exclusive offers a CBD hemp-oil formula intended to provide users with the therapeutic benefits that hemp-derived CBD may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. Natures Exclusive offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream and CBD skin serum.

In January 2020, the Company’s wholly-owned subsidiary Ihuana S.A.S entered into a research cooperation agreement with La Fundacion Universitaria de Ciencias de la Salud (The University Foundation of Health Sciences) located in Bogota, Colombia. Pursuant to the agreement with the university, the parties agreed to engage in research and formulation of medicinal products made with non-psychoactive cannabis and cannabis byproducts.

In January 2020, Ihuana completed its 2,000 square foot research and development facility in Guasca, Colombia. The purpose-built R&D facility is for a seed registration program on Ihuana’s licensed land. This was a significant step, as it allows Ihuana to register the genetics of its high-CBD, low-THC strains of cannabis with the Colombian Agricultural Institute (Instituto Colombiano Agroprecuario, or ICA).

Key highlights subsequent to June 30, 2020

On August 22, 2020, the Company, through its wholly-owned US subsidiary, Ecommerce Tech LLC, acquired the rights to an eCommerce software platform from Unified Funding LLC’s wholly-owned subsidiary, Offer Space LLC. Prior to the Software acquisition, the Software was being used by the Company’s Nature’s Exclusive brand, and by the newly acquired brands, Golden Path and Wild Mariposa, through service agreements with Offer Space. The acquisition of the asset provides the Company with the opportunity to capture previously unrealized value from the products it launches in the online natural health market. The Software facilitated over Cdn$350 million in consumer transactions, including Cdn$93.8 million in 2019. The asset enhances the management of the Company’s already profitable online brands, and allows the Company to launch new products and enter into emerging natural health markets worldwide, more efficiently.

On August 19, 2020, the Company acquired Golden Path LLC and Wild Mariposa LLC, two direct-to-consumer eCommerce brands offering a range of natural health products, including nutraceutical and hemp-based CBD, within the United States. Every product manufactured is third-party tested for purity and manufactured in the United States in GMP certified facilities. The acquisitions expanded the Company’s portfolio in the nutraceutical and hemp-based CBD product space.

On July 21, 2020, the Company entered into a binding agreement with Franchise Cannabis Corp. to form a joint venture in Europe to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom. Sales of the custom-manufactured products will be sold online utilizing the Company’s eCommerce infrastructure.

Franchise is a European-focused cannabis and pharmaceutical distribution company based in Germany with two Good Distribution Practices (GDP) certified distribution facilities, exporting to over 18 countries and currently serving a network of over 1,500 pharmacies within Germany for medical cannabis sales.

About Thoughtful Brands Inc.

ON BEHALF OF THE BOARD OF DIRECTORS
THOUGHTFUL BRANDS INC.

Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected]

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD
Posted in All Recent Posts, Thoughtful Brands Inc. | Comments Off on Thoughtful Brands Inc. $TBI.ca Announces Q2 2020 Highlights $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Red Light Holland $TRIP.ca Announces Arrangement to Launch Sale of Psychedelic Truffle Microdosing Packs in the Netherlands $SHRM.ca $RVV.ca

Posted by AGORACOM at 9:11 AM on Wednesday, September 2nd, 2020

Toronto, Ontario–(Newsfile Corp. – September 2, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (“Red Light Holland” or the “Company“), an Ontario-based corporation positioning itself to engage in the production, growth and sale of its brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that it has solidified its arrangement with McSmart (as defined by the listing statement) for the launch of its previously announced Microdosing Packs through three Smart Shops operated by McSmart. The Microdosing Packs are anticipated to become available for purchase to consumers in the Netherlands before the end of September 2020, at the following Smart Shop locations: (i) two Tatanka locations, and (ii) the Headshop. In addition, the Microdosing Packs are also expected to become available for purchase in the Netherlands on Tatanka’s website at www.tatanka.nl.

“All of us at Red Light Holland are very excited as our Microdosing Packs are so close to being on shelves and available for online purchases. We are still anticipating our premiere product launch, with our newly coined phrase “iMicrodose,” happening later this month, and working so closely with McSmart is something we are truly appreciative of,” said Todd Shapiro, Chief Executive Officer and Director of the Company.

Magic truffles, which are sold in their natural, raw and unprocessed form, need to be refrigerated. As such, two of the Smart Shops are also expected to feature Red Light Holland-branded fridges to house the magic truffles and display their iMicrodose packs in a clever and unique way. The Microdosing Packs have a shelf-life of approximately 3 months.

Red Light Holland Microdosing Packs

https://orders.newsfilecorp.com/files/2017/62997_redlight.jpg

About Red Light Holland Corp.

The Company is an Ontario-based corporation positioning itself to engage in the production, growth and sale of its brand of magic truffles to the legal, recreational market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws. The Company’s brand of magic truffles are expected to be sold in the Netherlands through existing Smart Shops as well as its e-commerce platform, and are expected to be initially made available in the form of its previously announced Microdosing Packs.

For additional information on the Company:

Todd Shapiro
Chief Executive Officer and Director
Tel: 647-204-7129

Email: [email protected]
Website: https://redlighttruffles.com

Tags: #Depression, #Medicine, #psychedelic, #Research
Posted in All Recent Posts, Red Light Holland | Comments Off on Red Light Holland $TRIP.ca Announces Arrangement to Launch Sale of Psychedelic Truffle Microdosing Packs in the Netherlands $SHRM.ca $RVV.ca

Thoughtful Brands $TBI.ca Launches Ecommerce Tech LLC $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 8:59 AM on Friday, August 28th, 2020

Newly formed subsidiary follows software acquisition; will grow and manage eCommerce operations for Thoughtful Brands

VANCOUVER, BC / ACCESSWIRE / August 28, 2020 / Thoughtful Brands Inc. (CSE:TBI)(FWB:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“), a global natural health products and eCommerce technology company, is proud to announce the launch of Ecommerce Tech LLC ( “Ecommerce Tech“) , a new wholly-owned subsidiary of the Company in the United States. Going forward, Ecommerce Tech will serve as the comprehensive operational engine for all Thoughtful Brands eCommerce ventures, which include nutraceutical and hemp-based CBD brands available in North America and Europe.

Ecommerce Tech acquired the rights to a bespoke software platform (the “Software“) from Offer Space LLC on August 21, 2020. The acquisition of the Software, which has facilitated more than Cdn$350 million in consumer transactions, paves the way for Thoughtful Brands to capture previously unrealized value from the products it launches in the online natural health market. The Software acquisition is also expected to allow the Company to launch new products in the emerging natural health markets worldwide more efficiently than before. In addition to providing immediate value to existing brands such as the CBD lines Nature’s Exclusive and Sativida, the newly acquired e-Commerce platform has the potential to lower operating costs and increase profitability across the Company’s natural health product brands. Customer acquisition and customer service are also expected to receive major boosts, with Ecommerce Tech also being able to leverage current customers to cross-sell additional items.

“The formation of Ecommerce Tech LLC along with its ownership and implementation of the Software platform is a significant milestone in executing our long-term strategy to expand the Thoughtful Brands footprint in the global natural health products market,” said Thoughtful Brands CEO Ryan Hoggan. “Now that the digital platform, integral technology and our top brands are all under our umbrella, Ecommerce Tech LLC is poised to be a powerful supporter of our existing brands, set the stage for new strategic acquisitions and spur future ventures with third party clients.”

Thoughtful Brands recently announced that it expanded its portfolio in the nutraceutical and hemp-based CBD product space through the August 2020 acquisitions of Golden Path LLC and Wild Mariposa LLC, two direct-to-consumer eCommerce brands offering natural health products throughout the U.S. The new technology will be applied to these brands, as well as to future clients as the Company further executes its natural products health strategy.

Software Acquisition Update

Ecommerce Operations, LLC has agreed to manage and operate the Software and is entitled to certain bonus payments (each a “Bonus Payment” and together, the “Bonus Payments“) based on the revenue and profitability of Ecommerce Tech LLC over the next three years. The following Bonus Payments will be payable:

US$4,666,667 if the gross revenue derived from Ecommerce Tech LLC exceeds US$5 million during the 12-months ended August 31, 2021;
US$4,666,667 if the gross revenue derived from Ecommerce Tech LLC exceeds US$10 million during the 12-months ended August 31, 2022; or
US$4,666,667 if the gross revenue derived from Ecommerce Tech LLC exceeds US$15 million during the 12-months ended August 31, 2023.

Each Bonus Payment will be payable in Common Shares based on the volume-weighted average closing price of the Common Shares on the Canadian Securities Exchange in the ten trading days prior to the date which Ecommerce Operations, LLC requests the Bonus Payment be made. The Common Shares issued in connection with the Bonus Payments will be subject to a four-month and one day statutory hold period from their date of issuance.

About Thoughtful Brands Inc.

ON BEHALF OF THE BOARD OF DIRECTORS
THOUGHTFUL BRANDS INC.

Ryan Hoggan
Chief Executive Officer

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD, CSE
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Thoughtful Brands $TBI.ca Nature’s Exclusive Brand Acquires over 134,000 New Customers in 2020 $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca

Posted by AGORACOM at 8:22 AM on Wednesday, August 26th, 2020

VANCOUVER, BC / ACCESSWIRE / August 26, 2020 / Thoughtful Brands Inc. (CSE:TBI)(FWB:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“), a global natural health products and eCommerce technology company, is proud to announce that its United States-based CBD brand Nature’s Exclusive acquired 134,861 new customers in the year 2020 to date.

The Company attributes the strong sales performance of its Nature’s Exclusive brand to the addition of innovative products and significant investment in customer acquisition.
Building off the success of Nature’s Exclusive, Thoughtful Brands is continuing to expand its portfolio in the nutraceutical and hemp-based CBD product space through the August 2020 acquisitions of Golden Path LLC and Wild Mariposa LLC, two direct-to-consumer eCommerce brands offering natural health products throughout the U.S. The Company expects to leverage its recently acquired eCommerce platform to ramp up customer acquisition and sales of its newly acquired brands.

“By investing in our established brands and forging agreements to sell new brands through our recently acquired eCommerce sales platform, we are charging ahead with our goal to be the global leader in the natural health products industry. With our drive and experience, we are excited to make quality CBD products more accessible than ever before to both experienced and new consumers. We look forward to an even stronger fourth quarter across our brands” said Thoughtful Brands CEO, Ryan Dean Hoggan.

About Thoughtful Brands

Thoughtful Brands is an eCommerce technology company that researches, develops, markets, and distributes natural health products through various brands in North America and Europe. Through continuous strategic acquisitions, the Company has a strong footprint in the CBD market, as well as the burgeoning psychedelic medicine sector. Thoughtful Brands owns and operates a 110,000 square foot pharmaceutical manufacturing facility in Radebeul, Germany, where its highly skilled team conducts clinical studies utilizing naturally occurring psilocybin and other compounds found in psychedelics for the treatment of opiate addiction, while planning for future opportunities to create proprietary psilocybin products.

ON BEHALF OF THE BOARD OF DIRECTORS

THOUGHTFUL BRANDS INC.
Ryan Hoggan
Chief Executive Officer

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD, CSE, EBITDA
Posted in All Recent Posts, Thoughtful Brands Inc. | Comments Off on Thoughtful Brands $TBI.ca Nature’s Exclusive Brand Acquires over 134,000 New Customers in 2020 $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca

Thoughtful Brands $TBI.ca Finalizes Deal with Unified for Asset Acquisition $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca

Posted by AGORACOM at 12:23 PM on Saturday, August 22nd, 2020

Acquired the rights to an E-commerce software platform that provides the Company with the opportunity to capture previously unrealized value from the products it launches in the online natural health market.

August 22, 2020 / Thoughtful Brands Inc. (CSE:TBI)(FWB:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“) is pleased to announce that its wholly-owned subsidiary, Ecommerce Tech LLC, has acquired the rights to an E-commerce software platform (the “Software“) from Unified Funding LLC’s wholly-owned subsidiary, Offer Space LLC (“Offer Space“). The acquisition of the asset provides the Company with the opportunity to capture previously unrealized value from the products it launches in the online natural health market.

The Software has facilitated over Cdn$350 million in consumer transactions, including Cdn$93.8 million in 2019. The asset will enhance the management of the Company’s already profitable online brands, and will allow the Company to launch new products and enter into emerging natural health markets worldwide, more efficiently. In addition to providing immediate value to the existing brands owned and operated by Thoughtful Brands, the newly acquired E-commerce platform is expected to reduce current operating costs.

“The Company was very successful in its negotiations with Unified Funding, and ultimately acquired the asset for US$1 million. The Company’s success in negotiating such favorable terms not only results in less dilution for existing Thoughtful Brands shareholders, it also adds immediate value to the Company,” stated Ryan Hoggan, Chief Executive Officer of Thoughtful Brands. “This acquisition is a critical milestone in executing our strategy to further our reach in the natural health products sector. Now that we own the software platform, integral technology and top brands, we will further develop and launch our own platform that will be even more powerful and fit in with our overall strategy.”

Thoughtful Brands’ existing portfolio of direct-to-consumer hemp-CBD brands includes Nature’s Exclusive, whose roster of topicals and oils available in North America generated more than Cdn$28 million in sales in 2019, and Sativida. The Company also recently acquired two leading E-commerce brands selling natural health products in the United States, Golden Path and Wild Mariposa.

Transaction Details

The Company has acquired the Software from Unified Funding LLC’s wholly-owned subsidiary, Offer Space, in consideration for US$1,000,000 (the “Purchase Price“), which was satisfied through the issuance of 6,290,170 common shares of the Company (the “Consideration Shares“) issued at a deemed price of Cdn$0.2094. The Company also paid an administrative fee of 62,902 common shares of the Company to a consultant who assisted with the transactions (the “Administrative Fee Shares“).

The Consideration Shares and Administrative Fee Shares are subject to a statutory hold period until December 22, 2020, in accordance with applicable securities laws.

About Thoughtful Brands Inc.

Thoughtful Brands Inc. is an E-commerce technology company that researches, develops, markets, and distributes natural health products through various brands in North America and Europe. Through continuous strategic acquisitions, the Company has a strong footprint in the CBD market, as well as the burgeoning psychedelic medicine sector. Thoughtful Brands owns and operates a 110,000 square foot pharmaceutical manufacturing facility in Radebeul, Germany, where its highly skilled team conducts clinical studies utilizing naturally occurring psilocybin and other compounds found in psychedelics for the treatment of opiate addiction, while planning for future opportunities to create proprietary psilocybin products.

ON BEHALF OF THE BOARD OF DIRECTORS
THOUGHTFUL BRANDS INC.

Ryan Hoggan
Chief Executive Officer

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD, CSE, EBITDA
Posted in All Recent Posts, Thoughtful Brands Inc. | Comments Off on Thoughtful Brands $TBI.ca Finalizes Deal with Unified for Asset Acquisition $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca

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