EDMONTON and VANCOUVER, March 26, 2018 - Aurora Cannabis Inc. ("Aurora") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc ("Hempco") (TSX-V: HEMP) announced today that Aurora has exercised 10,558,676 warrants to purchase common shares of Hempco for total proceeds of $4.3 million to Hempco. Consequent the warrant exercise, Aurora now owns 21,117,352 Hempco common shares, reflecting an ownership interest of approximately 35%.

 

"With this further investment by Aurora we are now very well capitalized to accelerate our various strategic initiatives to drive growth at Hempco," said Diane Jang, CEO of Hempco. "Since taking the helm at Hempco, we have made a number of tactical and strategic moves that position the company well to take advantage of a number of opportunities in the health lifestyle food supplements market, as well as for the pet and equine markets. 

Mr. Chuck Rifici reports - BUZZ CAPITAL INC. ENTERS INTO BINDING LETTER OF INTENT FOR PROPOSED QUALIFYING TRANSACTION

 

Buzz Capital Inc. has entered into a letter of intent dated March 15, 2018, with Kaya Inc. pursuant to which Buzz has agreed to acquire all of the outstanding securities of Kaya, a vertically integrated cannabis company licensed to cultivate, process, distribute, and retail medical cannabis in Jamaica, which, subject to certain conditions and applicable shareholder, corporate and TSX Venture Exchange approvals will constitute the company's qualifying transaction as such term is defined under the policies of the exchange. The resulting entity following the completion of the qualifying transaction is referred to herein as the resulting issuer.

 

The letter of intent

Pursuant to the terms of the letter of intent, the qualifying transaction is proposed to be completed by way of a three-cornered amalgamation, provided that the final structure and form will be as set forth in a definitive agreement incorporating the principal terms of the letter of intent. Buzz and Kaya have undertaken to use their commercially reasonable efforts to negotiate in good faith and enter into a definitive agreement on or before April 15, 2018.

Major milestone achieved on path to supplying adult-use cannabis market

 

TORONTO, ONTARIO--(Marketwired - Jan. 5, 2018) -Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") is pleased to announce that Health Canada has approved the application by Newstrike's wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis") to amend its license, thereby allowing Up Cannabis to sell cannabis in dried marijuana form, in accordance with Access to Cannabis for Medical Purposes Regulations. 

 

"We are delighted to have achieved this major strategic milestone in our growth strategy," said Jay Wilgar, CEO of Newstrike and Up Cannabis. "We already have a significant inventory in place, a supply agreement with CanniMed, and a unique marketing strategy being developed with our creative partners, The Tragically Hip. Up Cannabis is extremely well-positioned to succeed and very excited to launch when the adult-use market opens in the coming months."

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Special Warrants Convert into 6% Unsecured Convertible Debentures at $6.50 Per Common Share

 

VANCOUVER, Nov. 16, 2017 - Aurora Cannabis Inc. – (the "Company" or "Aurora") (TSX: ACB) announced today that it has entered into an agreement with Canaccord Genuity Corp. ("Canaccord Genuity" or the "Agent"), pursuant to which Canaccord Genuity has agreed, on an agency basis, to arrange for purchasers of up to 100,000 special warrants (the "Initial Special Warrants"), at a price of $1,000 per Initial Special Warrant, for gross proceeds of up to $100 million (the "Offering").