Glance Technologies (CSE:GET.CN) has announced that its partially-owned subsidiary, Cannapay Financial, has entered into an agreement to acquire the rights to a package of holistic Ayurveda formulas intended to treat a number of ailments.
As quoted in the press release:

Cannapay has agreed to purchase all of the intellectual property pertaining to the creation, production and manufacturing of the products and has purchased rights to blend the products with Cannabis to create new products (the “Cannabis Products”).  The agreement also grants Cannapay international distribution rights to the products and the Cannabis Products in all territories except Canada.

“This acquisition gives Cannapay the know-how to partner with licensed growers, producers and distributors in international jurisdictions to create Ayuverdic based products containing cannabis,” says Glance President Penny Green, “We intend to brand, market, sell and distribute these Ayuverdic Cannabis products internationally, in accordance with all applicable laws, through the mobile apps using the Glance Pay technology that we are creating for the Cannabis market.”

The following products are being acquired by Cannapay from Cannacopia Therapeutics Inc.:

Product Key Ingredients Intended Uses
Gel hemp root and essential oils remove skin spots, rashes, treat eczema, psoriasis, hives, burns, allergies
Balm Organic coconut, hemp root and essential oils Remove skin spots, rashes, treat eczema, psoriasis, hives, burns
Topical Analgesic Aloe Vera, arnica, menthol, and other essential oils To relieve pain on or below the skin
2 Tea blends Various herbs Relaxation
Sexual Lubricant Ayuverdic oil Enhanced sexual experience
Organic Hand Cleaner and Scrub Essential oils, free of chemicals and parabens All natural hand cleanser
Organic Glass Cleaner Salt and fat and hemp binder All natural, eco-friendly food safe cleaner

The products have not been clinically or otherwise tested to confirm any of the intended uses described above.  Cannapay intends to partner with licensed producers in various jurisdictions to complete the research and development needed to blend TCH or CBD or both into each of the products and meet local testing and licensing and other requirements so that the new Cannabis Products can be legally produced and sold in other countries.

Click here to read the full press release.

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 its participation in the following investor conferences:

  • Needham 2nd Annual Virtual Cannabis Conference – March 3 rd , 2021 – Management will participate in virtual one-on-one meetings.
  • 33rd Annual Roth Conference – March 15 th -17 th , 2021 – Charlie Bachtell, CEO and Co-Founder, will participate in a Fireside Chat and management will later participate in virtual one-on-one meetings on April 7 th .
  • Stifel Multi-Sector Conference – April 21 st , 2021 – Management will participate in virtual one-on-one meetings.

About Cresco Labs

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Green Thumb Industries, a leading cannabis consumer packaged goods company and owner of Rise™ Dispensaries, is expanding key partnerships and creating scholarships earmarked for those from communities most impacted by the war on drugs as part of its corporate social responsibility program. The scholarships will be granted to a total of four students for programs at the Cleveland School of Cannabis in Ohio and Olive-Harvey College in Illinois. Additionally, Green Thumb will continue its support of Cabrini Green Legal Aid and partner with the North Lawndale Employment Network in Chicago as part of ongoing collaborations that include financial support, volunteerism and awareness initiatives.

Building on the foundation of Green Thumb’s LEAP initiative, which provided pro-bono support for social equity license applicants in Illinois and which will soon offer business incubator resources to newly awarded social equity entrepreneurs, these impactful partnerships mark a critical next step in prioritizing diversity, equity, and inclusion in the cannabis industry.

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All five flavours of the Company’s KOIOS™ nootropic beverage product are now being carried by Jensen’s, a regional supermarket chain operating in the San Diego, Los Angeles, and Palm Springs areas of Southern California. This placement of KOIOS™ follows several other recent placements of the Company’s beverage products in regional supermarket chains across the United States as part of a strategy to passively build market share in specific geographical areas.

Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that the full range of five flavours of its KOIOS ™ nootropic beverages can now be purchased at all grocery stores operated by Jensen’s Foods (“Jensen’s”), a long-established family-owned grocery chain operating in the San Diego, Los Angeles, and Palm Springs areas of Southern California. In a press release dated February 19, 2021 the Company announced another chain-wide placement of KOIOS ™ nootropic beverages on the west coast of the United States with Market of Choice in Oregon. With this placement of KOIOS ™ in Jensen’s supermarkets, the Company’s beverage products are now carried in approximately 180 retail stores on the west coast, out of a total of more than 4,000 retail stores nationwide.

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 Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) announces that Philip Young, CEO and Director, and Maghsoud Dariani, Chief Science Officer will be presenting on Thursday, February 25th, 2021 at 5:45 pm EST at “The Gold Standard in Psychedelic Investment, Psychedelic Capital Virtual Investment Conference”, a platform showcasing the top companies, latest IPOs, newest opportunities, and deepest industry insights.

As a presenting sponsor, the Company will connect directly with some of the earliest moving investors in the psychedelic industry and reach an audience of 2,000+ investors. Presentations are 30 minutes in length, with 10 minutes allocated to a one-on-one Q&A session with the audience.

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As Canadian operators race to strengthen their positions in the cannabis landscape, are international pursuits outside North America still top of mind?

The role that mergers and acquisitions (M&A) have played in the expansion of Canadian companies across the globe has been monumental for the growth of the cannabis industry. Now the space has reached a critical point as the demands of the US market increase.

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