EPHS Holdings Inc. (OTCQB:STNN) (“EPHS” or the “Company”), together with its joint venture partner, Merritt Valley Cannabis Corporation (“MVC”) is pleased to announce it has signed a Share Exchange Agreement (the “Agreement”) with MVC and its shareholders. In conjunction with the Agreement, the Board of Directors of EPHS (the “Board”) is pleased to announce the appointment of Mr. Stevan Perry as the new EPHS President.
Mr. Perry is a senior executive and business development leader with over 20 years of corporate, operational, and project management experience. He has had a progressive career specializing in the business development of major projects, scaled energy solutions, and corporate development for energy intensive start-ups, Fortune 100, and cannabis companies. Mr. Perry is the founder and a partner of MVC. Prior to MVC, Mr. Perry was Vice President of Energy and Major Projects for The Green Organic Dutchman (“TGOD”). Prior to his appointment to TGOD, Mr. Perry acted as the Energy Solution Team Leader for Eaton Corporation (“Eaton”).
Mr. Perry stated “I am excited to be joining the EPHS team during this pivotal time within the cannabis industry. Just three weeks after legalization there is an incredible opportunity to further and develop the EPHS brand and business plan. Our vision is to be different, the EPHS business model is built on simplicity and focus. It is our objective to build with efficiency and to deliver cannabis to the under-supplied Canadian and global markets. A recent Bank of Montreal report projected the cannabis industry to have a valuation of $194 billion Canadian dollars within the next seven years. I would like to thank the entire MVC team and industry peers I have worked with over the past several years within the cannabis industry.”
EPHS’s CEO, Gianfranco Bentivoglio, stated “I am honored to appoint Stevan Perry as our President. Having Mr. Perry, on board provides the proven experience with the cannabis industry vital to scaling supply to serve the high demand market. This is a great time for the company and for the Company’s shareholders.”
About EPHS Holdings Inc.
EPHS Holdings Inc., together with its joint venture partner, Merritt Valley Cannabis, is a licensed commercial cannabis cultivator engaging in the cultivation, possession, research, processing, sales, and distribution of medicinal and recreational cannabis under the laws of Health Canada Licensed Producer.
Certain statements contained in this news release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, estimations, and projections at the time the statements are made, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to, delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting EPHS Holdings Inc. and its business. Any forward-looking statement speaks only as of the date on which the statement is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, one should be mindful of the risk factors and other cautionary statements found in the Company’s filings with the SEC, including, but not limited to, its Form 10, its subsequent Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. The risk factors and other factors noted in the Company’s SEC filings could cause actual results to differ materially from those contained in any forward-looking statement.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).
Canopy Growth to Participate in BofA Securities Virtual Consumer & Retail Technology Conference on March 11, 2021
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or “the Corporation”) announced today that EVP & CFO Mike Lee will be participating in a fireside chat at the BofA Securities Virtual Consumer & Retail Technology Conference on Thursday, March 11, 2021 at 9:30am ET .
Hill Street Beverage Company Inc. (TSXV: BEER) (“Hill Street” or the “Company”). The Company announces that further to its press release dated March 2, 2021, it has obtained TSX Venture Exchange approval to extend the closing date of its previously announced private placement of units (“Units”) until April 7, 2021. Each Unit is comprised of one (1) common share and one (1) warrant, exercisable for one common share at price of $0.11 per share, for a period of three (3) years from the date of Closing. The Company applied to extend the date of closing to allow a greater number of interested investors to participate.
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