Category: Investments and M&A

iAnthus Capital Acquires Medical Cannabis Business of GrowHealthy Holdings, Marking Full-Scale Entry into Fast Growing Florida Market

SHARE THIS POST NEW YORK, NY and TORONTO, ON — (Marketwired) — 01/17/18 — iAnthus Capital Holdings, Inc. (“iAnthus” or “the Company”), (CSE: IAN)(CSE: IAN.CN)(CNSX: IAN)(OTCQB: ITHUF), which owns, operates, and partners with licensed cannabis operations throughout the United States, announced today that it has acquired through merger and acquisition transactions substantially all of the assets of GrowHealthy Holdings, LLC (“GrowHealthy”) and certain related subsidiaries (all transactions together, the “Acquisition”, and all assets of GrowHealthy and its subsidiaries collectively, the “Business”). The Acquisition completes iAnthus’ full-scale entry into the rapidly expanding Florida medical cannabis market, which is projected by Arcview Market Research to grow into a US$1 billion market by 2020 and which has seen a 300% increase in the number of registered patients over the past six (6) months. iAnthus previously acquired approximately six percent (6%) of GrowHealthy in a preferred share purchase in October, 2017. GrowHealthy and its affiliate, McCrory’s Sunny Hill Nursery, LLC (“McCrory’s”) comprise one of just thirteen (13) current Florida Medical Marijuana Treatment Centers (“MMTCs”) licensed to provide medical cannabis under Florida’s medical marijuana law. The Acquisition includes GHIAA Management, Inc., a wholly-owned subsidiary of GrowHealthy that holds an exclusive 40-year management contract to operate the medical cannabis business associated with the MMTC license issued to McCrory’s (the “License”), together with an option to acquire 100% of McCrory’s for a nominal consideration, pending approval...

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Marijuana Company of America Launches New CBD Product hempSMARTâ„¢ Pain Cream

SHARE THIS POST Escondido, CA — (January 11, 2017) – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, through its wholly owned subsidiary hempSMART™, Inc., is pleased to announce the launch of hempSMART Pain Cream. Each bottle of HempSMART Pain Cream is formulated with 300mg of full spectrum non-psychoactive Cannabidiol (CBD) derived from industrial hemp. The newly developed product contains a synergistic combination of natural botanicals and full spectrum hemp extract featuring CBD, CBG and a broad range of terpenes. The Company’s proprietary blend of Ayurvedic herbs along with Menthol, Cayenne Pepper Extract, Rosemary Oil, Aloe Gel, White Willow Bark, Arnica, Wintergreen Extract and Tea Tree Oil, provides an immediate cooling and soothing sensation. This topical wellness product is formulated to help reduce minor discomfort, support normal joint mobility, and promote muscle relaxation on areas that it is applied. MCOA CEO Donald Steinberg commented, “We are excited to announce the expansion of our hempSMART personal care product line to include pain management products. We will continue to expand our health and wellness lines in 2018 to include more products. We expect that our Pain Cream will be enthusiastically received by our affiliates and customers.” About Marijuana Company of America, Inc. MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name...

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Liberty Leaf Receives $763,500 from Exercise of Warrants

by Todd | Oct 27, 2017 | Capital Markets, Investments and M&A | 0 comments VANCOUVER, Oct. 27, 2017 /CNW/ – Liberty Leaf Holdings Ltd. (CSE: LIB, OTCQB: LIBFF and FSE: HN3P) (the “Company” or “Liberty Leaf”) announced today it has received an aggregate $763,500 from the exercise of share purchase warrants. A total of 10,180,000 warrants were exercised at $0.075 and the Company issued a total of 10,180,000 common shares. The warrants were issued in connection with a non-brokered private placement financing in October 2015 and expired on October 26, 2017. Wil Rascan, CEO & President of Liberty Leaf commented: “We are very pleased with the level of support received from our shareholders as demonstrated by the recent exercise of warrants. With our significantly improved treasury, Liberty Leaf is wel positioned to further advance its corporate initiatives.” About Liberty Leaf Liberty Leaf Holdings Ltd. is a new Canadian-based, public company whose focus is to build and support a diversified portfolio of cannabis- sector businesses, including cultivation, value-added CBD/THC products, biotech research and supply chain products within this dynamic and fast-growing sector. Liberty Leaf also owns 100% of North Road Ventures, a late-stage applicant under Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). On behalf of the Board Will Rascan, President & CEO Liberty Leaf Holdings Ltd. 700-838 W Hastings Street Vancouver, B.C. V6C 0A6 Telephone: (778)...

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