Sweet Earth Holdings Corp. (CSE: SE) (FSE: 1KZ1) (OTCQB: SEHCF) (“Sweet Earth” the “Company”) is pleased to announce that it has received full Depository Trust Company (“DTC”) eligibility in the United States. On October 20, 2020, Sweet Earth announced that its shares had been listed on the United States’ Over-The-Counter Bulletin (“OTCQB”) under the ticker SEHCF.
DTC status means that Sweet Earth shares are now eligible to be transferred between brokerage accounts within the United States and significantly augments the ease in which American-based investors are able to trade Sweet Earth shares.
<p>The DTC is the largest securities depository in the world and holds an aggregate value of over thirty-five trillion US dollars of securities and completes approximately 1.4 million settlement-related transactions per day, with a value of approximately $600 billion. Only DTC participants are eligible for DTC clearance, a status that simplifies equity, debt, and Money Market transactions for US-based investors. </p>
<p><b><a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a> trades on the OTCBB under the ticker symbol SEHCF and is DTC Eligible</b></p>
<p>DTC provides settlement services for virtually all equity debt trades and Money Market Instruments in the U.S. Having a OTCBB symbol allows the shares to be traded on the OTC Bulletin Board while DTC eligibility simplifies trade transactions. </p>
<p>The Company also announces the resignation of Leon Ho from the Board of Directors. Mr. Ho was instrumental in the Company completing its three-cornered amalgamation and CSE listing. The Company would like to thank him for his great service and wishes him success in future endeavours. </p>
<p><b>ABOUT <a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a></b></p>
<p><a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a> is a vertically integrated “farm to shelf” hemp grower with a farm in Applegate, Oregon, that maintains a full line of hemp and CBD products for the US and global market. Its products combine CBD with herbal and organic ingredients, all of which are selected for their beneficial properties to soothe, rejuvenate, and reduce inflammation. In addition to high-end finished products, <a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a> prides itself on sustainability by minimizing the use of plastics in both production and packaging. <a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a>‘s in-house genetics team has been working on its own proprietary hemp strain. </p>
<p><a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a> maintains a portfolio of products that includes facial and body care, men’s, spa, hemp, and muscle products that are sold on its website, <a href="https://www.newsfilecorp.com/redirect/DpRYsw8pK" rel="noopener noreferrer" target="_blank">https://sweetearthskincare.com</a><u>. </u></p>
<p><a href="https://investingnews.com/company-profiles/sweet-earth-holdings/">Sweet Earth</a> also operates a proprietary online shopping portal for discerning pet owners offering pet treats comprised of high-quality ingredients, which are further enriched with CBD and Vitamin E. The treats are sold on its website: <u> </u><a href="https://www.newsfilecorp.com/redirect/rZenCOWYQ" rel="noopener noreferrer" target="_blank">https://www.sweetearthpets.com</a><u>.</u></p>
<p><b>ON BEHALF OF THE BOARD</b> </p>
<p><i><b>“Chris Cooper”</b></i></p>
<p>Chris Cooper</p>
<p><u>For additional information contact</u>: </p>
<p>Peter Espig / CEO and Director<br/>Telephone: (778) 385-1213<br/>Email: <u><a href="mailto:info@sweetearthcbd.com" rel="noopener noreferrer" target="_blank">info@sweetearthcbd.com</a></u></p>
<p><b>Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.</b><i><b> </b></i></p>
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Hill Street Proposes to Reduce Exercise Price of Expiring Warrants
December 03 | 2020
Hill Street Beverage Company Inc. (TSXV: BEER) (“Hill Street” or the “Company”), announces that further to its press releases dated July 21, 2020 and July 31, 2020, the Company proposes to amend the exercise price of 19,405,804 warrants of the Company that were originally issued on July 27, 2018, to $0.10. These warrants are set to expire on December 31, 2020.
The Company had initially proposed a lower amended price, but that proposal was not approved by the TSX Venture Exchange (“Exchange“), however, the Exchange indicated that a $0.10 exercise price, may be more acceptable. Accordingly, the proposed amendment remains subject to Exchange approval.
<p>For further information:<br/>Terry Donnelly, Chairman and CEO, <a href="https://investingnews.com/company-profiles/hill-street-tsxv-beer-cannabis-infused-beverages/">Hill Street</a> Beverage Company Inc.,<br/><a href="mailto:terry@hillstreetbevco.com" rel="noopener noreferrer" target="_blank">terry@hillstreetbevco.com</a>, (416) 543-4904;</p>
<p>Follow Hill St<span></span>reet on Twitter: <a href="https://www.newsfilecorp.com/redirect/LEa5hJKJx" rel="nofollow noopener noreferrer" target="_blank">https://twitter.com/hillstreetbevco</a></p>
<p>and on Facebook: <a href="https://www.newsfilecorp.com/redirect/oZ4KfAWAD" rel="nofollow noopener noreferrer" target="_blank">http://facebook.com/hillstreetbevco</a></p>
<p><b>FORWARD-LOOKING STATEMENTS</b></p>
<p>Statements in this press release may contain forward-looking information. Any statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expects”, and similar expressions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances, such as future availability of capital on favourable terms, may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.</p>
<p><i><b>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.</b></i> </p>
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World Class Extractions Announces Issuance of U.S. Patent for Proprietary Solvent-Based Extraction Methods
December 03 | 2020
Issuance of U.S. Patent No. 10,851,077 covering methods for extracting and concentrating cannabinoids using ultrasound-enhanced solvent extraction bolsters World Class’ intellectual patent portfolio
World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) (the “Company” or “World-Class”) is pleased to announced the United States Patent and Trademark Office (“USPTO”) has issued U.S. Patent No. 10,851,077 on December 1, 2020 in relation to the Company’s methods for extracting and concentrating cannabinoids and other target compounds from cannabis using ultrasound-enhanced solvent extraction
<p>WCE’s patented plant processing technology allows for prompt cannabinoid extraction following harvest, including the root and all other parts of the hemp plant and further utilizes ethanol for extraction, as opposed to the use of toxic hydrocarbon solvents. WCE’s patented process additionally uses precisely focused ultrasound to release cannabinoids from the hemp plant that produces CBD yields that are believed to be among the highest in the industry while also minimizing biomass waste and solvent usage. Additional features associated with WCE’s extraction methodology include fast set-up and mobile capabilities to allow for environmentally friendly, on-site processing that can likewise be modified to scale so as to process any volume of plant material.</p>
<p>The patented process by World-Class supplements its goal to achieve the most sustainable, efficient, and economical method of large-scale extraction from pre-processing of plant harvest to final extract end product by achieving maximized cannabinoid recovery yields while minimizing energy consumption and volume of solvent used in the extraction process, including the ability recapture and reuse the solvent for additional extraction cycles. As is widely recognized in the extraction industry, the amount and type of solvent used in the extraction process is one of the largest cost variables for operating extraction equipment.</p>
<p>Provisions of the patent covers several broad steps throughout the extraction process ranging from: compound removal, purification, cannabinoid isolation, filtration, separation, solvent recovery, compound mixtures and more.</p>
<p>“Since inception, World-Class always emphasized the importance of research & development in early stages of the cannabis industry as one of the most vital components in developing a long-term proven and tested extraction technology to meet current market demands of licensed holders,” stated Rosy Mondin, CEO of World-Class. “As cannabis 2.0 continues to mature, more licensed holders and early mover extractors have concluded the need to improve current extraction methods and prove expertise beyond the first mover advantage. Receiving this patent proves we have accomplished a propriety sustainable method of extraction in the marketplace of extraction equipment. Receipt of this patent to our portfolio of intellectual property symbolizes a return on capital and resources that went towards our early stage research & development.”</p>
<p><b>About <a href="https://investingnews.com/company-profiles/world-class-extractions-cannabis-hemp-extract-technology-company/">World-Class Extractions Inc.</a></b><br/>World-Class is an innovation-driven company with a principle focus on the rapidly evolving cannabis and hemp industries. Through its subsidiaries Soma Labs Scientific Inc. and Greenmantle Products Inc., World-Class deploys and manages custom-built extraction centres utilizing its custom systems, technology, and processes to efficiently produce high-quality cannabis and hemp concentrates and end-products. In addition, through its subsidiary Pineapple Express Delivery Inc. the Company offers compliant and secure delivery of government regulated products, including medical and recreational cannabis in Ontario, Manitoba and Saskatchewan, and liquor delivery in certain jurisdictions in Saskatchewan.</p>
<p><b>Investor Contact</b><br/>World-Class Investor Relations<br/>1-437-266-1968<br/><a href="mailto:ir@worldclassextractions.com" rel="noopener noreferrer" target="_blank">ir@worldclassextractions.com</a><br/><a href="https://investingnews.com/company-profiles/world-class-extractions-cannabis-hemp-extract-technology-company/" rel="noopener noreferrer" target="_blank">https://worldclassextractions.com</a></p>
<p>Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management of the Company.</p>
<p><b><i>Cautionary Note Regarding Forward-Looking Statements</i></b><br/><i>All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws, including with respect to the deployment of extraction and processing systems for cannabis and hemp. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at </i><a href="https://pr.report/FJGVtEPn" rel="noopener noreferrer" target="_blank"><i>www.sedar.com.</i></a><i> </i><i>Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.</i></p>
<p><strong>SOURCE: </strong><a href="https://investingnews.com/company-profiles/world-class-extractions-cannabis-hemp-extract-technology-company/">World-Class Extractions Inc.</a></p>
<p>View source version on accesswire.com: <br/><a href="https://www.accesswire.com/619275/World-Class-Extractions-Announces-Issuance-of-US-Patent-for-Proprietary-Solvent-Based-Extraction-Methods" rel="noopener noreferrer" target="_blank">https://www.accesswire.com/619275/World-Class-Extractions-Announces-Issuance-of-US-Patent-for-Proprietary-Solvent-Based-Extraction-Methods</a></p>
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Chemesis International Inc. Announces Brand Partnership with Ubican Global
December 03 | 2020
Ubican brings well-known brands and is a trusted vendor with an established sales and marketing program
Chemesis International Inc. (CSE:CSI) (OTCQB:CADMF) (FRA:CWAA) (the “Company” or “Chemesis”), announces Ubican Global (“Ubican”) as its primary supplier for its United States VICKI program. Ubican is a trusted supplier of a family of brands, each with multiple types of products. The products include tinctures, digestibles, edibles, pet, beautyskincare, topical, edible, fitness, and smokable products
<p>The team has carefully cultivated over 10+ brands that are now recognized throughout the CBD industry. Each brand has a specific tailored approach for its demographic, which allows brands to build brand loyalty and reoccurring revenues.</p>
<p>Bryce Davis, CEO of Ubican remarked. “Ubican’s focus is to bring high-quality and diversified brands and products to the marketplace. The scope of our portfolio allows us to cater to a wide variety of demographics, which fits well with the VICKI program. As retail and consumer habits continue to evolve, we are enthusiastic about providing our consumers the ability to interact with the VICKI platform. We are excited about our partnership with Chemesis and look forward to jointly building both brands in the US market.”</p>
<p>Chemesis will work with Ubican to place VICKI machines in high traffic areas that can help build consistent revenues. The teams will work in tandem to ensure each VICKI is stocked with a specific set of brands and products that support the demographic.</p>
<p>“Partnering with Ubican is a significant step forward in our development program for the VICKI sales strategy, the team provides a strong and robust set of brands and products,” said President of Chemesis, Josh Rosenberg. “With the support of Ubican as our primary supplier, Chemesis will apply to ensure a consistent supply of high quality products for our VICKI machines across the U.S.”</p>
<p><b>On Behalf of The Board of Directors<br/>Josh Rosenberg<br/>President </b></p>
<p>About <a href="https://investingnews.com/company-profiles/chemesis-seed-to-sale-cannabis-company/">Chemesis International Inc.</a></p>
<p><i><a href="https://investingnews.com/company-profiles/chemesis-seed-to-sale-cannabis-company/">Chemesis International Inc.</a> is a U.S. focused multi-state cannabis company, that is focused on providing an artificially intelligent (AI) based retail solution. The Company currently holds exclusive rights to an AI based kiosk which can be deployed in high traffic areas such as, shopping malls, stadiums, transit hubs, workplaces, and large corporate headquarters.</i></p>
<p><i>Chemesis and its team are committed to building a strong unattended and attended retail model for the cannabis market across the United States. Chemesis’ retail brand, Green Spirit Rx, will continue to provide consumers with industry-leading technology, the most sought-after products and education.</i></p>
<p><b>Investor Relations:</b><br/><a href="mailto:ir@chemesis.com" rel="noopener noreferrer" target="_blank">ir@chemesis.com</a><br/>1 (604) 398-3378</p>
<p><b><i>Forward-Looking Information: </i></b><i>This news release contains “forward-looking information” within the meaning of applicable securities laws relating to statements regarding the Company’s business, products and future of the Company’s business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company’s products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.</i></p>
<p><i>The CSE has not reviewed, approved or disapproved the content of this press release.</i></p>
<p><strong>SOURCE: </strong><a href="https://investingnews.com/company-profiles/chemesis-seed-to-sale-cannabis-company/">Chemesis International Inc.</a></p>
<p>View source version on accesswire.com: <br/><a href="https://www.accesswire.com/619254/Chemesis-International-Inc-Announces-Brand-Partnership-with-Ubican-Global" rel="noopener noreferrer" target="_blank">https://www.accesswire.com/619254/Chemesis-International-Inc-Announces-Brand-Partnership-with-Ubican-Global</a></p>
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Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) is pleased to announce that it has engaged VisionWorks Engineering of San Diego, CA to commence engineering work to complete and test a proof of concept prototype of its nasal mist device.
This is a major milestone towards the ultimate goal for development of effective delivery methods and commercialization. The Company holds several provisional patent applications including for a nasal mist device entitled “Device and Method for the Treatment of Traumatic Brain Injuries and Post-Traumatic Stress Disorder”. This device includes a nasal delivery system for administration of pharmaceutical agents such as a psilocybin-derived agent and/or N-acetylcysteine (“NAC“) at preselected dosages and times. The device design allows for the precise control and delivery of medicines through the nasal cavity for faster and more efficient uptake of psychedelics and other medicines that target the brain.
<p>Tom Baird, CEO of Lobe, states, “The development and advancement of this innovative device will put us at the forefront of delivering effective therapeutics to millions of people who suffer from mild traumatic brain injury, post-traumatic stress disorder and other mental health issues. Development of this device will reimagine the future for PTSD sufferers and radically change the limited treatment options for people who suffer from mTBI and PTSD. We are excited with the progress being made as we pursue our research initiatives including the recent launch of preclinical studies with the University of Miami’s Miller School of Medicine.”</p>
<p>Paul Seiter, CEO of VisionWorks, said, “This is a great opportunity for LOBE and VisionWorks to develop a device that could dramatically improve the delivery of drugs for brain related therapies. We are excited to work with the Lobe team to bring this device to the market.”</p>
<p><b>About <a href="https://investingnews.com/company-profiles/lobe-sciences-cse-lobe/">Lobe Sciences Ltd.</a></b></p>
<p>Lobe is a growth-oriented research, technology & services company that provides financial, management, IP and branding support to businesses. The Company operates a portfolio of companies focused on developing transformational medicines and applies refined strategies to help partner companies reach their full potential. Based in Vancouver, BC, <a href="https://investingnews.com/company-profiles/lobe-sciences-cse-lobe/">Lobe Sciences</a> creates value through acquisitions and development of assets, products and technologies by leveraging its scientific, engineering, branding and operational expertise supported by strong capital markets acumen. </p>
<p><b>For further information please contact: </b></p>
<p><b><a href="https://investingnews.com/company-profiles/lobe-sciences-cse-lobe/">Lobe Sciences Ltd.</a><br/></b>Thomas Baird, CEO<br/><a href="mailto:info@lobesciences.com" rel="noopener noreferrer" target="_blank">info@lobesciences.com</a><br/>Tel: (949) 505-5623</p>
<p><i>THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.</i></p>
<p><i><b>Disclaimer for Forward-Looking Statements </b></i></p>
<p><i>This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this release, including statements regarding the future plans and objectives of the Company, the Company’s expectations surrounding its development of treatments and/or therapeutics for mTBI and PTSD, goals and results of the preclinical studies with the University of Miami, completion and successful proof of concept for the prototype, development</i> <i>of effective delivery methods and commercialization potential of the nasal mist device, research and development using NAC and psilocybin, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are risks detailed from time to time in the filings made by the Company with securities regulations. Readers are cautioned that assumptions used in the preparation of the forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including changes to the regulatory environment; and that the current Board and management may not be able to attain the Company’s corporate goals and objectives. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made only as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as expressly required by applicable Canadian securities laws.</i></p>
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Next Green Wave Appoints Ben Kovacs to Its Board of Directors
December 03 | 2020
Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) (“Next Green Wave“, “NGW” or the “Company”) is pleased to confirm the appointment of Ben Kovacs to the Company’s Board of Directors.
Mr. Kovacs was the former Chief Revenue Officer at NorCal Cannabis, one of the largest vertically integrated indoor producers in California. Mr. Kovacs is also the Chairman of a group of companies in the cannabis hardware space; this includes the international Octave & Myster brands.
<p>Ben’s other experience includes time spent with Twitter and operating <a href="https://www.newsfilecorp.com/redirect/KKvDH7OgQ" rel="noopener noreferrer" target="_blank">Guardian</a>, a non-profit martial arts gym in Oakland which provides free boxing and Brazilian jiu jitsu to kids.</p>
<p>At NorCal, Ben helped grow the company from a small wholesale business into a powerful house of brands distributed state-wide. He played pivotal roles in sales and marketing, fundraising and corporate strategy.</p>
<p><i>“Ben is a special individual. He has a clear vision of how this industry will likely unfold, and the understanding for how to help a company execute to get there which is a rare combination in the space. After a number of conversations with him and seeing what he accomplished in his last role, it became clear that he could add incredible value to our organization as a member of our board. Not only does he have extensive experience in CA cannabis, but a diverse background in digital advertising, brand building, and adjacent industries to what we focus on at NGW. His experience from small scrappy companies and nonprofits, to working with some of the most iconic companies in the world, will be instrumental in providing perspective and thoughtful guidance to me and our team.” <b>– Michael Jennings CEO <a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/">Next Green Wave</a> </b></i><br/><i><b> </b></i></p>
<p><b>Michael Jennings</b><br/>Chief Executive Officer, Director<br/><a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/">Next Green Wave</a> Holdings Inc. </p>
<p><b>About Next Green Wave</b><br/><b> </b></p>
<p><a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/">Next Green Wave</a> is a fully integrated premium seed to shelf craft cannabis producer offering products through its in-house brand portfolio and wholesale flower for other large cannabis manufacturers. The Company owns and operates a 35,000 sf indoor facility in Coalinga, CA which is home to our nursery, cultivation, distribution, and future extraction business. NGW has an exclusive seed library consisting of 120 cannabis strains and hybrids including award-winning cultivars and is producing high quality tissue culture plantlets through its proprietary cloning technology with bio-tech leader <a href="https://www.newsfilecorp.com/redirect/EYDxs0qaJ" rel="noopener noreferrer" target="_blank">Precigen</a>. Marketing, product design and formulation are produced in-house, please follow along us at <a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/" rel="noopener noreferrer" target="_blank">www.nextgreenwave.com</a><u> </u>or on <a href="https://www.newsfilecorp.com/redirect/7JRxS730J" rel="noopener noreferrer" target="_blank">Twitter</a>, <a href="https://www.newsfilecorp.com/redirect/eZ8GTOLDr" rel="noopener noreferrer" target="_blank">Instagram</a>, or <a href="https://www.newsfilecorp.com/redirect/8G3xiyYaq" rel="noopener noreferrer" target="_blank">LinkedIn</a>.</p>
<p><b>For more information regarding <a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/">Next Green Wave</a> please contact:</b></p>
<p><b>Ryan Lange</b><br/>CMO<br/>Tel: +1 (604) 609.6167<br/><a href="mailto:IR@nextgreenwave.com" rel="noopener noreferrer" target="_blank">IR@nextgreenwave.com</a></p>
<p><i><b>Neither Canadian Securities Exchange (the “CSE”) nor its Regulation Services Providers (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.</b></i></p>
<p><i><b><a href="https://investingnews.com/company-profiles/next-green-wave-cse-ngw-medicinal-and-recreational-cannabis-producer-california/">Next Green Wave</a> Forward Looking Statements</b></i></p>
<p><i>This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements” and such forward-looking statements and forward-looking information represent only NGW’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of NGW’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 may include, but are not limited to, the Company’s expectations for long-term (YE 2020 and YE 2021) revenue and adjusted EBITDA profitability, the ability of the Company to successfully achieve business objectives (including completion of construction and increasing production capacity), and expectations for other economic, business, and/or competitive factors. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects NGW’s current beliefs and is based on information currently available to NGW and on assumptions NGW believes are reasonable.</i></p>
<p><i>Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking information. Such risks, uncertainties and other factors include, among others: dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing state, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to complete construction of its proposed facilities in a timely manner; engaging in activities which currently are illegal under US federal law and the uncertainty of existing protection from U.S. federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including U.S. state-law legalization, particularly in California, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; NGW’s limited operating history and lack of historical profits; reliance on management; NGW’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability, competition, including from more established or better financed competitors; the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers; and risks and delays resulting from the COVID-19 pandemic. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although NGW has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. NGW has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.</i></p>
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