Mr. McCauley’s experience includes nine years as a senior executive of Red Bull where he supported the launch of the brand in Canada before serving as the National Director of Distribution for the USA. Marketplace. Mr. McCauley has also led sales and marketing initiatives for innovative functional food and beverage brands including; Cytosport (Muscle Milk), where he served as Executive Vice President of Sales and Marketing.
Mr. McCauley joins a Phivida Advisory Board chaired by Mr. Jon Silverman, former strategic advisor for John Labatt Ltd., Executive Vice President for Seagram’s International and former Chief Operating Officer and member of the Executive Committee of Bavaria Columbia Inc. His focus will be on developing USA beverage distribution channels.
Prior to joining Red Bull in 2001, Mr. McCauley spent nine years with E&J Gallo Winery before being hired by the Miller Brewing Company. At Miller, Mr. McCauley served as the General Manager at Burke Beverage, the largest Miller distributor in Northern California at the time. Mr. McCauley was later recruited to Columbia Distributing Inc., where he served as Vice President of Sales and Marketing and currently serves as the Vice President and General Manager for Mast Jägermeister SE, supervising operations and growth in the western USA and Canadian markets.
“I developed a committed passion for the health and wellness segment. During my tenure at CytoSport, a functional beverage brand, we grew our marketshare through convenience, grocery and major retail pharmacies,” said Mr. McCauley. “Now living in Washington state, I’ve seen the integration of cannabinoids from a medicinal and wellness perspective and I took special a interest in the effectiveness of cannabidiol, or CBD, and its anti-inflammatory and neuroprotectant qualities. The impressive portfolio of CBD-infused products at Phivida, along with a chance to rejoin a team led by CEO Jim Bailey, CMO Mike Cornwell and CCO Doug Campbell, made this too great of an opportunity to miss. I’m excited to help educate the world on the benefits non-opioid, naturopathic consumables and treatments such as Phivida’s CBD infused functional foods and beverages, and hemp oil extracts.”
President and Chairman, Mr. John Belfontaine said, “We are honoured to have Greg join the Phivida senior management team. Greg has an impressive career in leading distribution and marketshare growth for innovative beverage brands at various stages of development. Greg’s expertise in; multi-channel route-to-market strategies, partner and customer relationship management and retail distribution are invaluable resources for Phivida. Moreover, Mr. McCauley’s passion for natural plant medicines and for the establishment of quality standards in cannabinoid treatments makes him the ideal advisor and an influential steward for future of our brand.”
Phivida Holdings Inc.
Phivida [“fiii-vee-daa”] is a premiere brand of cannabidiol (“CBD”) infused functional foods, beverages and clinical health products, poised for global distribution. Using encapsulation technology, Phivida converts cannabinoid oils and extracts into water soluble delivery, enhancing bioavailability, and timed released within the body. Phivida’s encapsulated CBD is infused into CBD beverages, foods and supplements containing a proprietary blend of phytonutraceuticals studied to target a range of health conditions, from chronic pain to terminal diseases. The World Anti-Doping Association’s recently lifted a ban of CBD from hemp oil and the World Health Organization’s recent statement supports clinical benefits of CBD for athletes and active families. Celebrating; Health and Wellness, In Harmony™, Phivida’s mission is to lead the alternative health care sector as the benchmark quality standard in premium cannabinoid infused foods, beverages and clinical products, with a dedication to research, education and investing back into the communities which we so proudly serve.
SOURCE Phivida Holdings Inc.
For further information: For investor information and inquiries please email us at firstname.lastname@example.org; Website: www.phivida.com, Toll free +1 (844) 744-6646 (ext. #2), Email, IR@phivida.com
CanBud Distribution Corporation Closes 2M Second and Final Tranche of its Oversubscribed Private Placement Offering
CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“CanBud” or the “Corporation”) is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement for aggregate gross proceeds of approximately $4,730,000 (the “Offering”).
The Corporation issued a combined total of 39,409,346 units (each a “Unit“) at price of $0.12 per Unit, with each Unit comprised of one common share in the capital of the Corporation (each a “Common Share“) and one common share purchase warrant (each a “Warrant“). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.22 within 24 months of the closing of the Offering (the “Warrant Term“), provided, however that if the closing price of the Common Shares on the Canadian Securities Exchange (the “CSE“) (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) is $0.25 or greater per Common Share for a period of five (5) consecutive trading days at any time after the closing date of the Offering, the Corporation may accelerate the Warrant Term such that the Warrants shall expire on the date which is 30 days following the date a press release is issued by the Corporation announcing the reduced warrant terms.
Thoughtful Brands Inc. (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands) announces that the letter of intent with Franchise Cannabis Corp. (“FCC”), previously announced in January, has been terminated. The previously announced European joint venture with FCC will continue and allow the Company to launch and tailor its products to European consumer demands
In connection with termination of the merger transaction with FCC, the Company has agreed to pay FCC $100,000 in cash and to issue FCC 5,000,000 common shares of the Company at a deemed value of $0.05 per share. The common shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.
Mergers and acquisitions (M&A) in cannabis space have helped boost the industry to new levels.
Strategic sale of non-core assets by Lobe adds non-dilutive capital and shareholder value
Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) is pleased to announce, further to its press release dated February 23, 2021, that it has completed the sale to Ionic Brands Corp. (“Ionic Brands”) of Lobe’s non-core cannabis assets relating to Washington-based Cowlitz County Cannabis Cultivation Inc. (“Cowlitz”) held by Lobe’s subsidiary vendor, Green Star Biosciences Inc. (the “Transaction”).
Seattle Area Grocery Chain Metropolitan Market to Begin Carrying KOIOS and Fit Soda on March 22, 2021
Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State.
Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that beginning on Monday, March 22, 2021, Koios’ entire line of canned beverage products will be sold at all locations of Metropolitan Market, an urban format supermarket chain in the Seattle-Tacoma area of Washington State. In Q1 2021, the Company announced multiple placements of its beverage products with regional grocers in markets on the west coast of the United States including Market of Choice in Oregon Jensen’s in Southern California and major natural grocery chain Sprouts Farmers Market which has a substantial west coast presence with over one third of its locations (360+ stores across 23 states) in California as well as Washington State 1 . The Company has also recently announced other developments relating to its expansion efforts being undertaken in 2021 such as an in-house beverage canning facility and distribution agreements with regional and national wholesale partners.