Rubicon Organics (CSE:ROMJ,OTCQX:ROMJF) announced that it, through a subsidiary, has completed a US$3 million debt financing loan from an unnamed US real estate group.
As quoted in the press release:
The Loan is for a term of 24 months, bears interest at 12.9% per annum, and is secured by a first ranking mortgage on the Company’s hybrid facility in Ferndale, Washington (the “Property”). The Loan will be used for general working capital purposes as the Company ramps-up production and sales across Canada.
“We are excited to complete this non-dilutive financing which will allow Rubicon to accelerate the distribution of Simply Bare™ Organic flower to the provinces and retail stores across Canada,” stated Jesse McConnell, CEO of Rubicon Organics.
Click here to read the full press release.
Cannabis experts and market analysts offered valuable insight and 2020 forecasts for the quickly evolving cannabis sector
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Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Aurora Cannabis Inc. (NYSE: ACB) between February 13, 2020 and September 4, 2020, inclusive (the “Class Period”), of the important December 1, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Aurora investors under the federal securities laws.
To join the Aurora class action, go to http://www.rosenlegal.com/cases-register-1965.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
<p>According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Aurora had significantly overpaid for previous acquisitions and experienced degradation in certain assets, including its production facilities and inventory; (2) Aurora’s purported “business transformation plan” and cost reset failed to mitigate the foregoing issues; (3) accordingly, it was foreseeable that Aurora would record significant goodwill and asset impairment charges; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.</p>
<p>A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than December 1, 2020</b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to <a href="https://www.newsfilecorp.com/redirect/qvgVtQXAg" rel="noopener noreferrer" target="_blank">http://www.rosenlegal.com/cases-register-1965.html</a> or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at <a href="mailto:pkim@rosenlegal.com" rel="noopener noreferrer" target="_blank">pkim@rosenlegal.com</a> or <a href="mailto:cases@rosenlegal.com" rel="noopener noreferrer" target="_blank">cases@rosenlegal.com</a>.</p>
<p>NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.</p>
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<p>Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.</p>
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<p>Contact Information:</p>
<p> Laurence Rosen, Esq.<br/> Phillip Kim, Esq.<br/> The Rosen Law Firm, P.A.<br/> 275 Madison Avenue, 40th Floor<br/> New York, NY 10016<br/> Tel: (212) 686-1060<br/> Toll Free: (866) 767-3653<br/> Fax: (212) 202-3827<br/><a href="mailto:lrosen@rosenlegal.com" rel="noopener noreferrer" target="_blank">lrosen@rosenlegal.com</a><br/><a href="mailto:pkim@rosenlegal.com" rel="noopener noreferrer" target="_blank">pkim@rosenlegal.com</a><br/><a href="mailto:cases@rosenlegal.com" rel="noopener noreferrer" target="_blank">cases@rosenlegal.com</a><br/><a href="https://www.newsfilecorp.com/redirect/x50QUJY7p" rel="noopener noreferrer" target="_blank">www.rosenlegal.com</a></p>
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HempFusion Wellness Inc. Files Preliminary Prospectus for Initial Public Offering of Common Shares and Units
October 22 | 2020
HempFusion Wellness Inc. (“HempFusion”), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, is pleased to announce that it has filed a preliminary prospectus (the “Preliminary Prospectus”) with the securities regulatory authorities in each of the provinces of Canada, except Quebec, for a proposed initial public offering of (i) common shares of the Company (the “Offered Shares”) for gross proceeds of up to USD$7,000,000 (the “Share Offering”) and (ii) units of the Company (the “Units”) for gross proceeds of up to USD$10,000,000 (the “Unit Offering” and together with the Share Offering, the “Offering”). The offering price of the Offered Shares and the Units (the “Offering Price”) will be determined in the context of the market and is anticipated to be between USD$0.90 and USD$1.35 (the “Offering Price”) per Offered Share and per Unit, respectively.
“We are incredibly excited to announce our initial public offering and HempFusion’s intention to list its securities on the Toronto Stock Exchange. To be the first US-based CBD company to apply to list on the TSX is a tremendous honour,” stated HempFusion’s CEO, Dr. Jason Mitchell N.D. “Completion of this proposed initial public offering will accelerate our ability to scale HempFusion’s operations both domestically and internationally, drive accelerated growth within all our distribution channels, and significantly expand our marketing initiatives,” continued Mitchell.
<p>The Offering</p>
<p>The Offering comprises the Share Offering and the Unit Offering and is being made on a “commercially reasonable efforts” basis through a syndicate of agents led by Canaccord Genuity Corp., as sole bookrunner, Haywood Securities Inc. and PI Financial Corp. (collectively, the “Agents”).</p>
<p>The Share Offering</p>
<p>The Offered Shares offered under the Share Offering will be issued and sold by HempFusion without any contractual resale restrictions and with a maximum order size of US$10,000 per purchaser.</p>
<p>The Unit Offering</p>
<p>The Units offered under the Unit Offering will each consist of one common share (a “Unit Share”) and one-half of one common share purchase warrant of HempFusion (each whole common share purchase warrant, a “Warrant”). Each Warrant is exercisable to acquire one common share of the Company (a “Warrant Share”) for a period of five years following the closing of the Offering at an exercise price to be determined in the context of the market, subject to adjustment in certain events. The Unit Shares will be subject to a contractual hold period and may not be traded until the date that is four months after the date the issued and outstanding common shares of the Company (the “Common Shares”) commence trading (the “Listing Date”) on the Toronto Stock Exchange (the “TSX”). The Warrant Shares will be subject to a contractual hold period and may not be traded until the date that is 18 months after the Listing Date. The Warrants will not be subject to a contractual hold period and there is no limit to the order size under the Unit Offering.</p>
<p>HempFusion has applied to list the Common Shares (including the Offered Shares, the Unit Shares and the Warrant Shares), the Warrants and certain other securities on the TSX. Listing will be subject to the Company fulfilling all of the listing requirements and conditions of the TSX, including prescribed distribution and financial requirements.</p>
<p>Completion of the Offering is subject to, among other things, the receipt of customary approvals, including regulatory approvals.</p>
<p>The Preliminary Prospectus contains important information relating to the Offered Shares and Units and is subject to completion or amendment. Copies of the Preliminary Prospectus are available under HempFusion’s profile on SEDAR at www.sedar.com or may be obtained from any of the Agents listed above. There will not be any sale or any acceptance of an offer to buy the Offered Shares or Units until a receipt for the final prospectus in respect of the Offering has been issued.</p>
<p>No securities regulatory authority has either approved or disapproved of the contents of this news release. The Offered Shares, the Units, the Unit Shares and the Warrants comprising the Units, and the Warrant Shares issuable upon exercise of the Warrants, have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Offered Shares or Units may not be offered or sold within the United States or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of HempFusion in any jurisdiction in which such offer, solicitation or sale would be unlawful.</p>
<p>On Behalf of the Board of Directors,</p>
<p>HempFusion Wellness Inc.<br/>
Jason Mitchell<br/>
Chief Executive Officer and Director</p>
<p>ABOUT HEMPFUSION</p>
<p>HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 46 SKUs including tinctures, proprietary FDA Drug Listed Over The Counter (OTC) Topicals, Doctor/Practitioner Lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable and HempFusion’s wholly-owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex™ and are available in-store or by visiting HempFusion online at www.hempfusion.com or www.probulin.com.</p>
<p>FOR FURTHER INFORMATION CONTACT:</p>
<p>Investor Relations<br/>
Email: ir@hempfusion.com<br/>
Phone: 416-803-5638<br/>
Web: https://www.hempfusion.com/upcoming-ipo</p>
<p>FORWARD-LOOKING STATEMENTS</p>
<p>This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to HempFusion’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward-looking statements pertaining to HempFusion’s proposed TSX listing, the size of the Offering, completion of the Offering, the anticipated Offering Price, the use of the net proceeds of the Offering and the Company’s plans, focus and objectives.</p>
<p>Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond HempFusion’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, failure to complete the Offering, the impact and progression of the COVID-19 pandemic and other factors set forth under “Forward-Looking Statements” and “Risk Factors” in the Preliminary Prospectus. HempFusion undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for HempFusion to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.</p>
<p><a href="https://www.newswire.ca/news-releases/hempfusion-wellness-inc-files-preliminary-prospectus-for-initial-public-offering-of-common-shares-and-units-837437829.html">Source</a></p>
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Trading resumes in:
Company: Harvest Health & Recreation Inc.
<p> CSE Symbol: HARV </p>
<p> All Issues: Yes </p>
<p> Resumption (ET): <span> 9:45 AM </span> </p>
<p> IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in <span> Canada </span> . </p>
<p> SOURCE Investment Industry Regulatory Organization of <span> Canada </span> (IIROC) </p>
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Harvest Health & Recreation Inc. Announces Upsized Bought Deal Financing of C$40,000,000
October 22 | 2020
** THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.**
Harvest Health & Recreation Inc. (“Harvest” or the “Company”) ( CSE: HARV ), a vertically integrated cannabis company and multi-state operator in the U.S., is pleased to announce that is has entered into an amended agreement with Eight Capital, pursuant to which Eight Capital, together with Canaccord Genuity Corp., as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the “ Underwriters ”), will now purchase on a “bought deal” basis 17,699,200 units of the Company (“the Units ”) at a price of $2.26 per Unit (the “ Offering Price ) for aggregate gross proceeds to Harvest of $40,000,192 (the “ Offering ”). (All figures are in Canadian dollars unless otherwise stated.)
<p align="justify"> Each Unit shall consist of one subordinate voting share of the Company (each, a “ <strong> Unit Share </strong> ”) and one-half of one subordinate voting share purchase warrant (each whole share purchase warrant, a “ <strong> Warrant </strong> ”). Each Warrant shall be exercisable into one subordinate voting share of the Company at an exercise price of $3.05 per share for a period of 30 months from the Closing Date (as defined below) (the “ <strong> Warrant Shares </strong> ” or together with the Unit Shares, “ <strong> Shares </strong> ”). If the daily volume weighted average trading price of the subordinate voting shares of the Company on the Canadian Securities Exchange (the “ <strong> CSE </strong> ”) for any 10 consecutive days equals or exceeds $4.97, the Company may, upon providing written notice to the holders of the Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice. </p>
<p align="justify"> The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time not later than the 30 <sup> th </sup> day following the closing of the Offering, to purchase up to an additional 15% of the Offering at the Offering Price for market stabilization purposes and to cover over-allotments, if any (the “ <strong> Over-Allotment Option </strong> ”). If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be approximately $46,000,000. </p>
<p align="justify"> The Units will be offered by way of (i) a prospectus supplement (the “ <strong> Prospectus Supplement </strong> ”) to Harvest’s short form base shelf prospectus dated June 24, 2020, of which the Prospectus Supplement will be filed with the securities commissions and other similar regulatory authorities in each of the provinces of Canada, other than Quebec; (ii) in the United States by way of private placement pursuant to the exemption from registration provided for under Rule 144A of the United States Securities Act of 1933, as amended; and (iii) in jurisdictions outside of Canada and the United States as are agreed to by the Company and the Underwriters on a private placement or equivalent basis. </p>
<p align="justify"> The net proceeds of the Offering are expected to be used for working capital and general corporate purposes. </p>
<p align="justify"> The Offering is expected to close on or about October 28, 2020 (the “ <strong> Closing Date </strong> ”) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE. </p>
<p align="justify"> <em> The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, </em> <em> any person in the United States or </em> <em> U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any </em> <em> jurisdiction </em> <em> in which such offer, solicitation or sale would be unlawful. </em> </p>
<p> <strong> <em> About </em> </strong> <strong> <em> Harvest Health & Recreation Inc. </em> </strong> </p>
<p> <em> Headquartered in Tempe, Arizona, Harvest Health & Recreation Inc. is </em> <em> a vertically integrated cannabis company and </em> <em> multi-state operator. </em> <em> Since 2011, </em> <em> Harvest </em> <em> has been committed to expanding its retail and wholesale presence throughout the U.S., acquiring, </em> <em> manufacturing, and selling cannabis products </em> <em> for patients and consumers </em> <em> in addition to providing services to retail dispensaries </em> <em> . </em> <em> Through organic license wins, service agreements, and targeted </em> <em> acquisitions, </em> <em> Harvest </em> <em> has assembled an operational </em> <em> footprint </em> <em> spanning multiple states </em> <em> in the U.S. Harvest’s mission is to improve lives through the goodness of cannabis. We hope you’ll join us on our journey: </em> <a href="https://www.globenewswire.com/Tracker?data=4kmDDGG6-Cv3S-AOTCNDPAZeiBr17MmXUK__km2lPOXEflA-dr2FQDV8VfpvQq4KJVPGMAtn4e-5w4Uf4f5OqlQ62x0-Z5RaOOxYaWbcNvc=" rel="nofollow noopener noreferrer" target="_blank"> <em> https://harvesthoc.com </em> </a> </p>
<p align="justify"> <strong> Facebook: </strong> <u> @ </u> <u> HarvestHOC </u> <br/><strong> Instagram: </strong> <u> @ </u> <u> HarvestHOC </u> <br/><strong> Twitter: </strong> <u> @ </u> <u> HarvestHOC </u> </p>
<p> <strong> Cautionary Note Regarding Forward Looking Information </strong> </p>
<p> <em> Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release. </em> </p>
<p> <strong> Forward-looking Statements </strong> </p>
<p align="justify"> <em> This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Harvest with respect to future business activities. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions and include information regarding: (i) expectations regarding the size of the U.S. cannabis market, (ii) the ability of the Company to successfully achieve its business objectives, (iii) plans for expansion of Harvest, and (iv) expectations for other economic, business, and/or competitive factors. </em> </p>
<p align="justify"> <em> Investors are cautioned that forward-looking information is not based on historical facts but instead reflects Harvest management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Harvest believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: </em> <em> the effects of the weather, natural disasters, and health pandemics, including the novel coronavirus (COVID-19), on customer demand, the Company’s supply chain as well as its consolidated results of operation, financial position and cash flows </em> <em> , the ability of Harvest to open additional retail locations and meet its revenue growth and profitability objectives, the ability of Harvest to integrate recent acquisitions, the ability of Harvest to obtain and/or maintain licenses or other contractual rights to operate in the jurisdictions in which it operates or in which it expects or plans to operate; changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of Harvest to raise debt and equity capital in the amounts needed and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that Harvest operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws, including those related to taxation; and increasing costs of compliance with extensive government regulation. This forward-looking information may be affected by risks and uncertainties in the business of Harvest and market conditions. </em> </p>
<p align="justify"> <em> Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Harvest has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Harvest does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. </em> </p>
<p> <strong> Investor Contact: </strong> <br/> Christine Hersey, Director of Investor Relations <br/> +1 (424) 202-0210 <br/><a href="https://www.globenewswire.com/Tracker?data=zI6tuQNZQDJylrqrBhkzoGyWiKWRvV38vVRHLQ5_cvGx1S6IYf5SsAVCcn94LaRD9B7hv9VtltGhIdy9-1jH4mXy28d7uYccvmcCvvIn4Vk=" rel="nofollow noopener noreferrer" target="_blank"> chersey@harvestinc.com </a> </p>
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Heritage Cannabis Announces Pura Vida and Purefarma Tinctures Available in British Columbia
October 22 | 2020
Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), is pleased to announce that both Pura Vida and Purefarma tinctures will be available for purchase next week in the province of British Columbia through the province’s authorized Liquor Distribution Branch (“LDB”) channels.
BC Customers will soon be able to purchase Pura Vida Daybreak and Nightfall tinctures as well as Purefarma HLX30 CBD and Balance 15:15. Heritage launched both Pura Vida and Purefarma vape cartridges in September 2020 and the response by customers has been tremendous in the two provinces in which they are available British Columbia and Manitoba.
<p> Heritage CEO Clint Sharples said, “We are pleased to soon have all four of our Pura Vida and Purefarma tinctures available in British Columbia as we expect them to be high-demand products and we anticipate a similar response as with our vape cartridges. Our Pura Vida vape cartridges sold out quickly in the province and the LDB has placed a recent order to replenish their stock – welcome news for many, and a clear indication of the strong demand for our full spectrum products. Our customers have been particularly pleased with the fact that our full spectrum oil contains no potentially harmful additives or back added terpenes, so they can have confidence in the safety of our products.” </p>
<p> Heritage’s products have a strong customer following supported by multiple industry awards. Pura Vida THC and CBD extract products have received first place awards in the 2016 Emerald Cannabis Cup. In the 2017 High Times Cannabis Cup, they also placed first in the Best Vaporizer and Sativa Concentrate categories and took second place for both Indica and Hybrid Concentrates. In the 2018 Emerald Cannabis Cup, Pura Vida placed first and third in the concentrate and flower categories. </p>
<p> Follow Heritage’s brands on Instagram and Facebook for more information: purefarma.cann and puravida.cann. </p>
<p> <b> About <a href="https://investingnews.com/company-profiles/heritage-cannabis-cse-cann-vertically-integrated-cannabis-company/">Heritage Cannabis</a> Holdings Corp. </b> </p>
<p> <a href="https://investingnews.com/company-profiles/heritage-cannabis-cse-cann-vertically-integrated-cannabis-company/">Heritage Cannabis</a> is a vertically integrated cannabis provider that currently has two Health Canada approved licensed producers, through its subsidiaries Voyage Cannabis Corp. and CannaCure Corp. both regulated under the Cannabis Act Regulations. Working under these two licenses, Heritage has two additional subsidiaries, Purefarma Solutions, which provides extraction services, and a Medical Services Division which is focused on cannabis based medical solutions. In the U.S, Heritage operates under Opticann Inc., a Colorado based oral and topical cannabinoid company with the rights to exclusively sell CBD and CBG products made with the patented VESIsorb <sup> ® </sup> drug delivery system for optimized absorption and stability. As the parent company, Heritage is focused on providing the resources for its subsidiaries to advance their products or services to compete both domestically and internationally. </p>
<p> <b> ON BEHALF OF THE BOARD OF DIRECTORS OF <a href="https://investingnews.com/company-profiles/heritage-cannabis-cse-cann-vertically-integrated-cannabis-company/">Heritage Cannabis</a> HOLDINGS CORP. </b> </p>
<p> <i> “Clint Sharples” <br/></i> Clint Sharples <br/> CEO </p>
<p> <img alt="" class="lazy" data-src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20201022005679r1&sid=quot2&distro=nx&lang=en" data-srcset="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20201022005679r1&sid=quot2&distro=nx&lang=en" srcset=""/><span></span> </p>
<p id="mmgallerylink"> <span id="mmgallerylink-phrase"> View source version on businesswire.com: </span> <span id="mmgallerylink-link"> <a href="https://www.businesswire.com/news/home/20201022005679/en/" rel="nofollow noopener noreferrer" target="_blank"> https://www.businesswire.com/news/home/20201022005679/en/ </a> </span> </p>
<p> Corey Herscu for <a href="https://investingnews.com/company-profiles/heritage-cannabis-cse-cann-vertically-integrated-cannabis-company/">Heritage Cannabis</a> <br/><a href="mailto:corey@verbfactory.com" rel="nofollow noopener noreferrer" shape="rect" target="_blank"> corey@verbfactory.com </a> <br/> Tel: 416-300-3030 </p>
<p> or </p>
<p> Kelly Castledine <br/><a href="mailto:kcastledine@heritagecann.com" rel="nofollow noopener noreferrer" shape="rect" target="_blank"> kcastledine@heritagecann.com </a> <br/> Tel: 647-660-2560 </p>
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