Cannvas Appoints Wesley Tulshi, Director of Hololens HW Group at Microsoft to AI, Technology and Data Advisory Board
Cannvas MedTech (CSE:MTEC) (Frankfurt:3CM) (OTC:CANVF), a leading digital cannabis education and analytics company, is pleased to announce the appointment of Wesley Tulshi to its AI, Technology and Data Advisory Board. Mr. Tulshi is currently based in Silicon Valley and serves as Director, Hololens HW Group at Microsoft, helping develop wearable mixed reality technology powered by artificial intelligence. He will support the Cannvas Data platform with his wide-ranging expertise and rich experience in technology, innovation and digital security. Mr. Tulshi joins the recently appointed, Dinesh Kandanchatha, founder and former Chief Technology Officer of Patriot One Technologies (CVE:PAT) (OTCMKTS:PTOTF) (FRA:0PL).
“Wesley has been diligently leading a team at Microsoft to develop its Hololens technology, among the most advanced and complicated mixed reality platforms to emerge from the tech sector in recent memory, and one that harnesses the power of artificial intelligence to provide a superior user experience to consumers across a range of industries,” said Shawn Moniz, Chief Executive Officer, Cannvas MedTech. “Wesley’s mastery in technology and his aptitude for innovation are precisely why we are proud to have him join our AI, Technology and Data Advisory Board to help guide the evolution of our Cannvas Data cannabis analytics platform as we continue to grow into the Google of Cannabis in Canada and beyond.”
A graduate of the University of Waterloo, Mr. Tulshi has held positions as an analyst with Greater Toronto Airports Authority and Deloitte. In 2006, he was recruited by Marvell Semiconductor to make the move to Silicon Valley and design component chips for the System-on-a-Chip (SoC) group, which aims to bring cost-effective Wifi/Bluetooth wireless solutions to the growing cell phone and consumer electronic industries. For several years, Mr. Tulshi has worked at Microsoft’s Mountain View office as the Director of the Hololens HW Group.
The Cannvas AI, Technology and Data Advisory Board provides independent consultation and oversight for Cannvas Data, the Company’s cannabis analytics platform providing AI-driven cannabis data and analytics to organizations looking to learn more about the audiences in the cannabis space. With the global legal cannabis market projected to reach a valuation of $27 billion dollars by 2020 and $146.5 billion by 2025, Cannvas Data is positioning itself as a leader in cannabis analytics delving deep into the industry trends, consumer behaviours and pre-purchasing patterns shaping the global cannabis sector.
The Company also announces that it has granted incentive stock options to purchase a total of 1,000,000 common shares at an exercise price of $0.275 per share for a period of five years to certain directors and officers in accordance with the provisions of its stock option plan.
About Cannvas MedTech Inc.
Cannvas MedTech is a leading digital cannabis education and analytics company delivering accessible and evidence-based education while harnessing the power of data to paint a clearer picture of cannabis consumption across Canada.
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.
Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer’s future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedar.com.
For further information: firstname.lastname@example.org or visit cannvasmedtech.com
Lobe invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation at the Emerging Growth Conference
Company is strategically building a diverse edibles portfolio with taste-forward and effects-driven products to cater to market and consumer needs
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the launch of Wonder Wellness (“Wonder”) Gummies and availability in Illinois. The new low-dose edibles are enhanced with botanicals to complement the overall cannabis experience, and their simple packaging communicates desired effects so wellness-minded category newcomers can consume with confidence to add cannabis as a part of their daily lifestyles.
INDVR Brands Inc. Signs Letter of Intent with BevCanna to Introduce Honu’s THC Infused Products to Canadian Consumers
INDVR Brands Inc. (CSE: IDVR) (the “Company” or “INDVR Brands” or “INDVR”), a premier cannabis brand, consolidator and edibles retailer, proudly announces it has signed a Letter of Intent (“LOI”) with BevCanna Enterprises Inc. (“BevCanna”) to produce and distribute certain HONU THC infused and award-winning edible products to retail locations across Canada. The new partnership marks INDVR’s first introduction to the Canadian cannabis market and its first international expansion.
“With the THC infused product segment making up a growing percentage of the cannabis consumed in Canada, now is the ideal time to introduce our HONU brand into an edibles market estimated at approximately $1.6 billion annually,” said Joshua Mann, INDVR’s CEO. “Our dedication to product quality and consistency is our defining factor in producing some of the most trusted products in Washington and Oregon states, and we are excited to start building the same brand-loyal following across Canada.”
Reports Eighth Consecutive Quarter of Positive Adjusted EBITDA and Positive Adjusted EBITDA from Cannabis Business
Aphria Inc. (” Aphria ,” ” we ,” or the ” Company “) (TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported its financial results for the third quarter and nine months ended February 28, 2021 . All amounts are expressed in Canadian dollars, unless otherwise noted and except for per gram, kilogram, kilogram equivalents, and per share amounts.
Hill Street Beverage Company Inc. (TSXV: BEER) (“Hill Street” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement of units (“Units”), at a price of $0.08 per Unit, for aggregate gross proceeds to the Company of $3,403,883.52, which was oversubscribed by almost $1,000,000. Each Unit is comprised of one (1) common share and one (1) warrant (“Warrant”), with each Warrant entitling the holder thereof to purchase one (1) common share of the Company at a price of $0.11 per share for a period of three (3) years from Closing (“Offering”). All the securities issued in connection with the offering will be subject to a hold period of four-months and one day from the date of closing.
“We are extremely pleased with the response to our offering and the quality of investors from both Canada and the US, that are supporting our global growth agenda,” said Lori Senecal. “This capital is important for our next phase of corporate development as we continue to build out our programs to monetize the patent usage rights we acquired to DehydraTECH (R) fast-acting emulsion technology,” added Craig Binkley.