Fire & Flower Holdings (TSXV:FAF) announced today that its wholly-owned subsidiary, Fire & Flower, has entered into an agreement to acquire all of the issued and outstanding shares of 102056025 Saskatchewan from Mera Cannabis immediately following completion of its development and receipt of all licences required to operate a cannabis retail store in Regina, Saskatchewan.

As quoted in the press release:


The Acquired Company was selected by the Saskatchewan Liquor and Gaming Authority (“SLGA”) in its 2018 province-wide lottery to operate a cannabis retail store in Regina. Fire & Flower’s store development team will assist the Acquired Company in designing and building the store in accordance with regulatory standards and Fire & Flower’s best-in-class retail experience. The Company will pay a purchase price of $1,500,000 in cash and issue 2,268,191 common shares of FFHC. The Acquisition is subject to receipt of all licences and permits required to operate a cannabis retail store, including approval by the SLGA.

Upon closing of the Acquisition, Fire & Flower and its affiliate, Open Fields Distribution, have agreed to enter into a supply agreement with Mera (the “Supply Agreement”) pursuant to which Open Fields Distribution will be the exclusive distributor of Mera’s adult-use cannabis products in the province of Saskatchewan and Fire & Flower will purchase Mera’s adult-use cannabis products for re-sale at its retail locations, in provinces where this is permitted. The Supply Agreement will be entered into upon closing of the Acquisition and will commence once Mera has received the required licensing and approvals from both Health Canada and the SLGA.

“The Acquisition of the Regina cannabis retail store licence signifies Fire & Flower’s entry into a major urban market in Saskatchewan and strengthens our position within the province,” shared Trevor Fencott, Fire & Flower’s Chief Executive Officer. “The exclusive supply agreement with Mera will further enable Fire & Flower retail stores to maintain consistent, high-quality cannabis product supply while maintaining higher margins than retailers who do not have exclusive supply agreements. We look forward to continuing to build our footprint in communities within the province of Saskatchewan.”

Click here to read the full press release.

 BioHarvest Sciences Inc. (CSE: BHSC) (the “Company” or “BioHarvest”) invites its shareholders and the general public to join a Live Video Conference (“Webinar”) on Thursday, January 21st, 2021 at 2:00 PM Eastern Standard Time (11:00 AM Pacific Standard Time). Ilan Sobel, CEO of BHSC, will host the event and discuss progress on Bioharvest’s Growth Plan, which will include highlights of the 2020 milestones achieved, key business capabilities built, and will provide an important overview of 2021 Priorities.

The presentation will be approximately 35 minutes, followed by a live question and answer session.

Keep reading... Show less

World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) (the “Company” or “World-Class”), reports that it has sold its 50% interest in Cobra Ventures Inc. (“Cobra”), which sale included all funds previously advanced by World Class to Cobra, to the remaining shareholder of Cobra, for $2,500,000 in cash

An investment group led by Richard Goldstein retains 100% control of Cobra, and its senior secured debenture of Hydrx Farms Ltd. (“Hydrx”), acquired by Cobra in October 2020.

Keep reading... Show less

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Kurt Schmidt, President and Chief Executive Officer, will speak at the 24th Annual CIBC Western Institutional Investor Conference on Friday, January 22, 2021 at 4:10 p.m. EST.

A recording will be available on the Investors section of the Company’s website at https://ir.thecronosgroup.com/events-presentations .

Keep reading... Show less
  • Disease control of root-rot Aphanomyces zoospores in laboratory tests.
  • Outstanding Efficacy: 100% control at economic application rates within 24 hours.
  • Aphanomyces is a soil-borne root-rot disease that destroys peas, lentils, and legume crops.

MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) (FSE: 0C0) (the “Company”, “MustGrow”) is pleased to announce successful laboratory test results of its patented mustard-derived biopesticide on Aphanomyces euteiches zoospores (“Aphanomyces”) via an independent third party facility: 100% control at economic application rates within 24 hours. MustGrow will now advance to larger scale greenhouse and field tests. Study results and applicability are patent-protected under MustGrow’s existing suite of issued patents.

MustGrow’s remarkably safe and effective organic biopesticide is plant-based – harnessing the mustard seed’s natural defense mechanism to control diseases, pests, and weeds with an organic food-grade biopesticide.

Keep reading... Show less

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the hiring of CPG industry veteran Ty Gent as the Company’s new Chief Operating Officer (“COO”). As COO, Gent will be responsible for operational consistency and efficiency across markets and implementation of structural enhancements to facilitate scaling.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119005322/en/

Keep reading... Show less