TORONTO, Dec. 5, 2019 /CNW/ – Trichome Financial Corp. (the “Company” or “Trichome Financial”) (TSXV: TFC) is pleased to announce that its Senior Secured Term Loan (the “Secured Loan”) to MYM Nutraceuticals Inc. (“MYM”) (CSE:MYM) (OTCBB:MYMMF) has been prepaid. The cash advance made under the Secured Loan has been repaid in full, together with interest and set-up fee for the term during which the loan remained outstanding. The Secured Loan was initially advanced on July 31, 2019, with an option to increase the size of the facility to $5.5 million. Proceeds from the Secured Loan were used in part to fund MYM’s transaction with BioHemp Naturals Growing and Farming Ltd., the rescission of which led to a mutual decision whereby MYM would repay outstanding obligations of the Secured Loan ahead of schedule. The Secured Loan generated an internal rate of return of approximately 30%.
LOS ANGELES, Dec. 5, 2019 /PRNewswire/ — Driven Deliveries Inc. (the “Company” or Driven) (OTC: DRVD), California’s fastest growing online cannabis retailer and direct-to-consumer delivery company, is pleased to announce substantial gains realized in Q3. Driven generated more than $1M in top-line revenue in October and $1.2M in November. Each month represented a 60+% improvement over the previous month. Through the first two months of Q4, the Company performed more than 18,680 deliveries, acquired 1,826 new customers, and decreased the average new customer acquisition cost to $15.78 compared to $22.16 in Q3.
TORONTO, Dec. 5, 2019 /PRNewswire/ – Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com (“Liberty” or the “Company”), a provider of high quality cannabis, announced today that it has been cleared by the Florida Department of Health to open the doors to its record 20th Florida location in the central Gulf Coast city of Bradenton in Manatee County.
KFAR SABA, Israel, Dec. 5, 2019 /PRNewswire/ — An Israeli-based food-tech developer of cannabis-based edibles targeting a variety of different, new and revolutionary types of cannabis infused food, beverages, spices and more, invites you all to visit us at the coming MJBizCon conference in Las Vegas Dec 11-13, Booth C2651/3.
NEW YORK, Dec. 5, 2019 /PRNewswire/ — While several headlines have cropped up in the last few months about the dangers of vaping, that hasn’t stopped the cannabis sector from pressing ahead on developing new vape products in the lead-up to the December 16(th) sales launch date in Canada. Why? It’s because the US CDC concluded that the “chemical of concern” is only found in vapes from the black market. Legally-approved and regulated producers and sellers that include Namaste Technologies Inc. (OTCQB: NXTTF) (TSX-V: N), Cronos Group (NASDAQ: CRON), The Supreme Cannabis Company (OTCQX: SPRWF) (TSX: FIRE), Fire & Flower Holdings Corp. (OTCPK: FFLWF) (TSX-V: FAF) and Aphria Inc. (NYSE: APHA) (TSX: APHA) will be selling safe and legal vape cartridges that are welcomed by the US$19 billion global e-cigarettes and vape market.
VANCOUVER, British Columbia, Dec. 5, 2019 /PRNewswire/ — Core One Labs Inc. (CSE: COOL), (OTCQX: CLABF), (Frankfurt: LD6, WKN: A14XHT) (“COOL” or the “Company”) announces that it has signed a letter of intent (the “LOI”) to grow cannabis for a well-known California brand, Golden State Banana (“GSB”), with a set price for premium bud, bud, trim and processing.
VANCOUVER, British Columbia, Dec. 4, 2019 /PRNewswire/ — Core One Labs Inc. (CSE: COOL), (OTCQX: CLABF), (Frankfurt: LD6, WKN: A14XHT) (“COOL” or the “Company”) announces that the Company has filed its financial statements and MD&A for the three and nine month periods ended September 30, 2019, and provides an update on the corporate milestones achieved during the quarter. The Company is happy to announce that its results continue to be very encouraging and show steady growth in inventory, and strong sales numbers for the year to date in Fiscal 2019.
Reports net revenues of $6.7 million with a gross margin of 29%Greenhouse cultivation cost improves to $0.72/gram in Q3 The strategic acquisition of Starseed strengthens medical position in Canada and consolidates distribution channel in an accretive…