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$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.

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-AB 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-AB 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-AB 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

Molecule $MLCL.ca and Vortex Partner on Signing the Ontario Cannabis Store Master Supply Agreement and Launch of 11 Molecule Crafted Products $TPX.A.ca $ACB.ca $WEED.ca

Posted by AGORACOM-AB at 10:11 AM on Wednesday, February 3rd, 2021
  • Molecule, Vortex and the OCS worked together to complete the requirements for the deal
  • Eleven of Molecule’s cannabis-infused beverage products have been submitted for sale on the OCS via Vortex
  • $MLCL.ca anticipates shipping to the OCS as early as March

February 3 2021, –  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 its sales partner, Vortex Cannabis Inc. (“ Vortex ”) has signed a Master Supply Agreement with the Ontario Cannabis Store ( “OCS” ).

The agreement is in relation to 11 products that were previously submitted by Molecule, and have now been resubmitted with Vortex as licensed sales partner. 

“We continue to be incredibly pleased with the development of the partnership with Vortex.  Within a week of signing the sales amendment partnership, Molecule, Vortex and the OCS worked together to complete the requirements for the Master Supply Agreement, and have now submitted 11 SKUS to be sold to the OCS through Vortex.  This is great news for bringing the craft shelf to market ,” said President and CEO Phil Waddington.

“In anticipation of shipping to the OCS as early as March, we have switched gears from test production runs to inventory-ready production runs of all 11 products,” he added.

Read More: https://agoracom.com/ir/MoleculeHoldings/forums/discussion/topics/754519-molecule-and-vortex-partner-on-signing-the-ontario-cannabis-store-ocs-master-supply-agreement-and-launch-of-11-molecule-crafted-tm-products/messages/2301771#message