Canadian Securities Exchange

iAnthus Reports Third Quarter 2021 Financial Results and Provides Update on U.S. Class Action Complaint and Complaint Filed by Hi-Med, LLC

Retrieved on: 
Monday, November 8, 2021

See "Non-GAAP Financial Information" below for more information regarding the Company's use of non-GAAP financial measures.

Key Points: 
  • See "Non-GAAP Financial Information" below for more information regarding the Company's use of non-GAAP financial measures.
  • Update on U.S. Class Action Complaint and Complaint Filed by Hi-Med, LLC
    On September 1, 2021, iAnthus announced the dismissal of the previously disclosed consolidated actions (the "Consolidated U.S.
  • Each plaintiff moved for leave to file second amended complaints, and the Court granted the plaintiffs' motions for leave to file second amended complaints.
  • Reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are included in the tables above.

Levitee Labs Publishes First Combined Revenue Figures for September 2021 and October 2021

Retrieved on: 
Monday, November 8, 2021

On a consolidated basis, the Company has recorded (unaudited) revenue of $1,553,728 combined for both months.

Key Points: 
  • On a consolidated basis, the Company has recorded (unaudited) revenue of $1,553,728 combined for both months.
  • Levitee Labs has seen consistent growth across all its divisions, with accumulated revenue from September to October broken down into the following subdivisions: 28.1% for Levitee Clinics, 40.7% for Levitee Pharmacies, and 31.1% for Earth Circle Organics and other wellness products.
  • Earth Circle Organics, Levitees direct-to-consumer and wholesaler of supplements and superfoods products increased sales 7.7% from September to October.
  • This has been primarily achieved through further scaling the direct-to-consumer business and further optimization of the multidisciplinary aspects of Levitee Labs healthcare assets, incorporating novel mental health and treatment modalities.

Plant-Based Nutrition Brand PlantFuel Taps Derek West As VP Of Sales

Retrieved on: 
Monday, November 8, 2021

(CSE: FUEL) (OTC: PLFLF) (FSE: BR1B) ("PlantFuel" or the "Company") the scientifically focused plant-based wellness company, today announced former NFL player Derek West as its newly appointed Vice President of Sales.

Key Points: 
  • (CSE: FUEL) (OTC: PLFLF) (FSE: BR1B) ("PlantFuel" or the "Company") the scientifically focused plant-based wellness company, today announced former NFL player Derek West as its newly appointed Vice President of Sales.
  • West will be responsible for building out the overall mass channel strategy and pipeline for PlantFuel.
  • After playing for the NFL for five years, Derek left the NFL and has been involved in the Sports Nutrition and Fitness industries for the past 21 years.
  • Working for a variety of companies including MusclePharm, EAS, Europa Sports, TruWomen, and Peels, Derek has predominantly been involved in the roles of Sales and Marketing.

Affinor Growers Files Patent for New Automated Vertical Farm Technology

Retrieved on: 
Monday, November 8, 2021

VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF) is pleased to announce it has filed for patent protection with the U.S. Patent and Trademark Office (USPTO) for new automated, vertical farming technology targeted for commercially growing heads of romaine lettuce, kale and leafy greens.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF) is pleased to announce it has filed for patent protection with the U.S. Patent and Trademark Office (USPTO) for new automated, vertical farming technology targeted for commercially growing heads of romaine lettuce, kale and leafy greens.
  • The company expects that this will add another vertical farming solution to Affinors growing IP and turnkey commercial facilities portfolio.
  • Affinor continues to design and protect its technology in the larger global markets to ensure proper licencing, technology transfer and procurement between governments and investment groups.
  • This is especially important as Affinor gets ready to launch its state of the art, patented, automated, commercial vertical farm showcase in Abbotsford BC.

Trulieve Announces Opening of West Virginia's First Medical Cannabis Dispensary

Retrieved on: 
Monday, November 8, 2021

Trulieve Morgantown, located at 1397 Earl Core Road, will be the first dispensary in the state to sell medical cannabis.

Key Points: 
  • Trulieve Morgantown, located at 1397 Earl Core Road, will be the first dispensary in the state to sell medical cannabis.
  • Trulieve invites the Morgantown community to join in celebrating the opening of its first West Virginia dispensary.
  • "We're thrilled to be first to market in West Virginia and to continue building the foundation for the West Virginia's emerging medical cannabis market," said Trulieve CEO Kim Rivers .
  • Trulieve first announced plans to enter West Virginia in February 2021 after securing four dispensary permits from the state's Office of Medical Cannabis.

Bibiani Gold Mine Operations Update

Retrieved on: 
Monday, November 8, 2021

VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the "Company”) is pleased to announce that all activities planned to bring its’ Bibiani Mine into production in Q3 2022 are on track.

Key Points: 
  • Mr. Bansah has over 30 years-experience in the gold mining industry in Africa including 16 years with Ashanti Goldfields when it operated the Bibiani mine.
  • Asante is a pure gold exploration and development company with a high-quality portfolio of projects in Ghana, Africas largest and safest gold producer.
  • We are focused on developing high margin projects including the Bibiani (5Moz past production) and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts.
  • Refurbishment of the Bibiani Mine processing plant has commenced with completion scheduled for Q3 2022.

Levitee Labs Signs LOI to Acquire Controlling Interest in a R&D Compounding Pharmacy; Focus to be on Levitee-Branded Products

Retrieved on: 
Monday, November 8, 2021

The Compounding Pharmacy is a licensed Level C non-sterile compounding lab adjacent to a separate compounding space and retail pharmacy.

Key Points: 
  • The Compounding Pharmacy is a licensed Level C non-sterile compounding lab adjacent to a separate compounding space and retail pharmacy.
  • The separate compounding space and retail pharmacy was part of an acquisition announced by Levitee Labs on October 12th, 2021.
  • The acquisition represents the launch of the Companys initiative into production and distribution of pharmaceutical products under the Levitee Labs banner.
  • As part of the acquisition announced by Levitee Labs on October 12th, 2021, Levitee Labs will hold a 51% ownership stake in the Compounding Pharmacy.

Flower One to Host Third Quarter 2021 Conference Call on November 18, 2021

Retrieved on: 
Monday, November 8, 2021

Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast.

Key Points: 
  • Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast.
  • To access the archived webcast, please visit Flower Ones website.
  • Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada.
  • Flower One has built an industry-leading team focused on becoming the first high-quality, low-cost brand fulfillment partner.

Curaleaf Expands its Presence in Three Key Growth Markets with Acquisition of Tryke Companies

Retrieved on: 
Monday, November 8, 2021

WAKEFIELD, Mass., Nov. 8, 2021 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today entered into a definitive agreement to acquire Tryke Companies ("Tryke") (dba as Reef Dispensaries), a privately held vertically integrated, multi-state cannabis operator, in a cash and stock transaction valued at approximately US$286 million.1 The transaction is expected to close in the second half of 2022, subject to customary approvals and conditions.

Key Points: 
  • Founded in Arizona in 2014, Tryke has focused on growing and producing the finest and most consistent cannabis products on the market.
  • Tryke has refined processes to craft an ever-evolving selection of products and brands at multiple price points.
  • Boris Jordan, Founder and Executive Chairman of Curaleaf, said, "On Behalf of the Board of Directors and management team, I look forward to welcoming Tryke to the Curaleaf family as we expand our offerings and operations and bolster our competitive position in three key growth markets.
  • We expect the acquisition to be immediately accretive to our EBITDA margins and free cash flow generation upon closing."

Pushfor Investments Inc. Closes Acquisition of AFX Networks Inc.

Retrieved on: 
Monday, November 8, 2021

The AFX shares were acquired from Professional Trading Services S.A., a privately held corporation.

Key Points: 
  • The AFX shares were acquired from Professional Trading Services S.A., a privately held corporation.
  • We are very pleased that Pushfor Investments has acquired AFX Networks and its shipping and logistics Blockchain platform, they will bring an additional level of expertise in the cyber and security space to further enhance the platform.
  • stated Carlo Civelli, Director of Professional Trading Services S.A. We look forward to supporting Pushfor and AFX in this and future endevours.
  • Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Pushfor with the securities regulatory authorities, available at www.sedar.com .