The Tinley Beverage Company (OTCPINK:QRSRF,CSE:TNY) announced a non-brokered private placement of units of the Company for up to $2.5 million. Tinley is the parent company of Hemplify, which manufactures the “Hemplify” line of products–fruit-flavored, sugar-free, vegan, drinkable supplements that contain hemp stalk extract.
As quoted in the press release:
Each Unit is being offered at a price of $0.17 per Unit. Each Unit is comprised of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each full Warrant is exercisable for one Common Share at an exercise price of $0.25 per Common Share for a period of 18 months from the closing date.
The proceeds of the Offering will provide expansion capital for sales and marketing, as well as for product development and general working capital purposes. The proceeds will be released to the Company concurrent with the closing of the Offering, which is expected to occur on or about October 21, 2016 or such earlier or later date as the Company may determine.
The Company has engaged First Republic Capital Corp. as the Lead Finder for the Offering. Finders will be paid a cash fee of up to 9% of the gross proceeds raised in the Offering. Additionally, Finders will receive broker warrants (“Broker Warrants”) exercisable for Units equal in number to up to 9% of the number of Units sold under the Offering. The Broker Warrants will be exercisable at a price of $0.17 per Unit for a period of 18 months after the closing of the Offering. All securities issued in connection with the Offering are subject to a four month and a day hold period.
World High Life Plc (“World High Life” or the “Company”)(AQSE:LIFE) (OTCQB:WRHLF), is pleased to announce that it has appointed H&P Advisory Limited (“Hannam & Partners”) as financial advisor to the Company with immediate effect
About Love Hemp
Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ retail stores, today announced that its executive team will participate in the following conference in March 2021:
Needham 2 nd Annual Virtual Cannabis Conference, March 3, 2021: Management will participate in one-on-one meetings.
Meanwhile, two longstanding cannabis partners ended their relationship.
Trulieve to donate $20,000 in scholarship funding and $15,000 to support leadership development
Trulieve Cannabis Corp . (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation’s largest organization exclusively representing the Black College Community. Trulieve will donate $20,000 to help fund several college scholarships awarded to students who are attending one of the organization’s member-schools as part of Trulieve’s diversity, equity, and inclusion initiatives. The $15,000 in talent funding is earmarked to support TMCF’s internship program, reaching a diverse talent pool of students and alumni from their 47 member-schools to provide immersive experiences at Trulieve.
The new dispensary expands patient access to Florida’s largest inventory of medical cannabis products
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company based in the United States announced today the opening of a brand-new Florida dispensary, the Company’s 80th nationwide. The new location marks the Company’s first in Tamarac and third in Broward County expanding patient access to Florida’s largest and broadest assortment of high-quality medical cannabis products.