Wayland Group Corp. (CSE:WAYL; FWB:75M; OTCQB:MRRCF) (“Wayland” or the “Company“) is excited to announce the release of its portfolio of brands that cater to different ages, genders, and occasions. The Company’s extensive research created a portfolio of brands, each designed to address segments of the cannabis market both present and future. Strategically using each of these brands, Wayland gave itself the ability to be present and relevant to consumers.
“The advent of recreational cannabis legalization in Canada is truly a watershed moment for Canadians. As we lead the world by example on another modern and controversial issue, we are thrilled to be at the forefront to welcome this new age. As a company invested in the long-term growth of the legal cannabis industry, first in providing state-of-the-art, highest-quality medicinals and now, a breadth of recreational products formulated with the same pharmaceutical standards, we know this is just the first step towards educating and demonstrating to the naysayers that legalization is the right path.
“The responsibility now lies with us, the companies behind the products, to show through professionalism and dedication to the highest integrity and operating standards that the benefits far outweigh the risks and that slow and steady wins the race. Working closely with government and our peers to ensure education and safety remain top of mind has been the Company’s operating edict since its humble beginnings on a farm in Norfolk, ON. We have now received the sales license from Health Canada for our expansion in Norfolk and will be able to ship product grown in our state-of-the-art facility,” said Ben Ward, CEO Wayland Group.
Rather than taking a one-size-fits-all approach, Wayland has taken a purposeful and consumer-centric approach to each of its brands and offerings, which was validated with local consumer research. Brands within the portfolio will represent the quality and consistency that Wayland Group is globally recognized for, in addition to satisfying consumer needs.
Fun and approachable. Kiwi will be the brand people will look to make “all things cannabis” make sense. Designed for light users who are new to the category and looking to better understand cannabis.
High Tide is Wayland’s collection of high-THC cannabis strains designed for experienced medium to heavy users.
Northern Harvest has something for any cannabis consumer that appreciates authentic, local quality. Designed for light / medium users who enjoy Cannabis.
LOST AT SEED
Lost at seed is a meticulously curated collection of the finest and most rare cannabis genetics. Designed for medium to heavy users who are looking for highly desirable and impossible to find strains.
Solara C will be designed exclusively to produce only the highest quality CBD products. Solara C will strive to educate and give consumers the ability to experience a natural, non- pharmaceutical alternative.
This partner brand will be for experienced cannabis users who are knowledgeable about strains, potencies and profiles. It will offer a wide selection of premium award-winning strains that users won’t be able to find anywhere else.
Kiwi, Northern Harvest, and High Tide will be available in select markets on October 17th, 2018.
Fast forward to today and our state-of-the-art, heavily automated, food-grade production facilities, investments in leading edge absorption technologies, products focused on the needs of every consumer, a deeply experienced team who have done this before in other legalized markets, and we believe Wayland is poised to deliver on our promise to improve lives through cannabis every day.
Today, Canada takes a leadership position among its global peers, many of which we are working with as they follow down the cannabis legalization path. As a country, we will lead by example. And while there is a lot of noise in the industry as we enter into this era, as is often the case, the future is brightest for those who focus on the work at hand. Success will lie with those who quietly build companies dedicated to customer experiences focused on quality, value and a commitment to getting it right.
Welcome to your future, Canada. We’re excited to be a part of it.
- Ben Ward, CEO, Wayland Group
Maricann Group Inc., through its subsidiaries, is operating under the Wayland Group name. For further details see the press release dated September 24, 2018.
About Wayland Group
Wayland is a vertically integrated producer and distributor of marijuana for medical purposes. The Company was founded in 2013 and is based in Burlington, Ontario, Canada and Munich, Germany, with production facilities in Langton, Ontario where it operates a medicinal cannabis cultivation, extraction, formulation and distribution business under federal license from the Government of Canada. The Company also has production operations in Dresden, Saxony, Germany and Regensdorf, Switzerland. Wayland is currently undertaking an expansion of its cultivation and support facilities in Canada and will continue to pursue new opportunities in Europe.
Forward Looking Statements
This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
For more information about Wayland, please visit our website at www.waylandgroup.com
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Corporate Headquarters (Canada)
Wayland Group (Toronto)
845 Harrington Court, Unit 3
Burlington Ontario L7N 3P3
European Headquarters (Germany)
Thierschstrasse 3, 80538 Munchen, Deutschland
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.