MOUNTAIN HIGH ACQUISITIONS CORP (MYHI) announces that together with D9 Manufacturing, Inc. it is launching a pilot project aimed

MOUNTAIN HIGH ACQUISITIONS CORP (MYHI) rolls out Pilot Program aimed at helping Licensed Cannabis Growers

Mountain High Acquisitions Corp. rolls out Pilot Program aimed at helping Licensed Cannabis Growers overcome a Key Challenge–Financing Startup Infrastructure Costs

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FOREX INVESTORS  PRESS RELEASE  MOUNTAIN HIGH ACQUISITIONS CORP (MYHI) announces that together with D9 Manufacturing, Inc. it is launching a pilot project aimed at proving a turnkey infrastructure model MYHI intends to roll out in highly promising cannabis markets such as California, Washington and Arizona.  The objective is to help licensed cannabis growers overcome the key business challenge of financing steep startup infrastructure costs.
To initiate the project, MYHI has acquired two state-of-the-art intermodal containers engineered and designed specifically for growing cannabis.  The opportunity to acquire the grow containers was presented to MYHI by D9 Manufacturing, Inc., an Arizona based company that offers a wide variety of engineering, manufacturing and consulting services to the cannabis sector.  On May 30, MYHI announced the engagement of D9 to assist in the identification, acquisition and development of infrastructure opportunities in the cannabis market.

“We are very enthusiastic about pursuing this opportunity, and appreciate what D9 has brought to the table so quickly. The solutions we intend to provide to the cannabis industry solve real problems faced by licensed growers and producers.  Having a license is not a guarantee of success.  A grower needs infrastructure and equipment that maximizes the quantity and quality of their production—and all of that can be expensive,” said MYHI CEO Alan Smith.

“That’s where we come in.  By providing swift access to affordable turnkey solutions not only do we greatly reduce setup time and costs and help growers get growing, we also help them to minimize risk and optimize their business.”




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As a part of this initial pilot, MYHI will lease its first two containers to D9 for use in licensed grow operations in Arizona and California.  Grow operations in the containers are expected to begin within 30 days.  Initial harvests are anticipated to occur 90 days later.

This particular pilot project will allow the company to test both the revenue model—acquiring and leasing infrastructure solutions to licensed growers—and the equipment itself.  In this case the equipment being leased out consists of intermodal containers that can be geared for cultivation or for extraction depending upon how the container is built out.

“This pilot is just the beginning,” said Ferrel Raskin, CEO of D9 Manufacturing, Inc. “We have identified further opportunities for MYHI and D9 to pursue once this revenue model has been vetted and fine-tuned. The reality is that the cannabis industry has now matured enough so that we can identify common problems and challenges and, in turn, provide easier access to meaningful solutions.  We’re excited to be working with a partner like MYHI to ensure that these solutions are backed by sound business expertise and the ability to raise the capital required.”

About Mountain High

Mountain High Acquisitions Corp. (MYHI) is a holding company focused on the acquisition and development of businesses and other assets within the cannabis sector. For additional information please contact Alan Smith at info@mountainhighac.com.Like up on FACEBOOK


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BUZ INVESTORS Cannabis Wheaton Chuck Rifici, through his private equity firm Nesta Holding Co. Ltd., is teaming up with industry heavyweights to introduce the world's first cannabis streaming company, Cannabis Wheaton Income Corp

Cannabis Wheaton and its Powerhouse Team Enables the Evolution of the Traditional Licensed Producer

Cannabis Wheaton and its Powerhouse Team Enables the Evolution of the Traditional Licensed Producer – LP 2.0.

 

BUZ INVESTORS Cannabis Wheaton Chuck Rifici, through his private equity firm Nesta Holding Co. Ltd., is teaming up with industry heavyweights to introduce the world's first cannabis streaming company, Cannabis Wheaton Income Corp

BUZ INVESTORS PRESS RELEASE  Cannabis Wheaton Chuck Rifici, through his private equity firm Nesta Holding Co. Ltd., is teaming up with industry heavyweights to introduce the world’s first cannabis streaming company, Cannabis Wheaton Income Corp. (Cannabis Wheaton or the Company). The Company has entered into agreements with 14 streaming partners in 6 provinces across Canada.

Under the terms of the streaming agreements, Cannabis Wheaton (TSXV:CBW) will provide financing and expert consultation to its streaming partners in exchange for minority equity interests in each streaming partner and an allocation of the streaming partner’s cannabis production yield at an agreed upon price. Cannabis Wheaton’s streaming partners consist of licensed producers of cannabis (pursuant to the Access to Cannabis for Medical Purposes Regulations (or its predecessor)) (LPs) and late-stage LP applicants.

Along with Rifici, the Company’s management team includes: Chief Financial Officer and Chief Operating Officer, Jeff Tung, Chief Creative Officer Ian Rapsey and Chief Infrastructure Officer Brad McNamee.

The management team will also be served by an Advisory Board, including two of the top legal advisors in the Canadian cannabis industry, Hugo Alves and Mike Lickver of Bennett Jones LLP, one of Canada’s top cannabis security advisors, David Hyde of David Hyde & Associates, one of Canada’s top technology venture capitalists Karamdeep Nijjar, partner at iNovia Capital (among Canada’s most prescient early-stage venture capital firms), Josh Kappel, partner at Vicente Sederberg LLC, one of the leading cannabis legal advisors in the U.S., and Rick Dykstra current President of the Progressive Conservative Party of Ontario.

With diverse, specialized expertise in every vital aspect of the industry — from construction and cultivation to navigating the regulatory landscape — the Cannabis Wheaton management team targets and critically evaluates streaming partners with high-growth potential, and provides partners with the expert support to succeed in the dynamic cannabis industry.



Cannabis Wheaton

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“We’re proud to partner and support a wide range of cannabis cultivation companies each of which have distinct visions, voices and brand values.  However, we all share a common goal:  to create a world class industry based on ethics, diversity, quality and innovation.”

– Ian Rapsey, Cannabis Wheaton Chief Creative Officer

“As a unique platform, Cannabis Wheaton offers a distinctive value proposition as it provides license and product diversification that is further de-risked by the caliber of industry experts behind the company.”

– Chuck Rifici, Cannabis Wheaton Chairman and Chief Executive Officer

About Cannabis Wheaton Income Corp. (TSXV: CBW)

Backed by a team of industry experts, Cannabis Wheaton is the first cannabis streaming company in the world. Our streams will include production from across Canada coming from our partners comprised of licensed producers of cannabis (LP) and late-stage LP applicants. Cannabis Wheaton’s mandate is to facilitate real growth for our streaming partners by providing them with financial support and sharing our collective industry experience.

Stay Connected

For more information about Cannabis Wheaton and our management team, please visit www.cannabiswheaton.com, or follow us on Twitter @CannabisWheaton.

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Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Invictus MD completes acquisition of Acreage Pharms Ltd. a Licensed Producer of Cannabis under the ACMPR

 

Invictus MD completes acquisition of Acreage Pharms Ltd. a Licensed Producer of Cannabis under the ACMPR

 

Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

BUZ INVESTORS PRESS RELEASE  Invictus MD completes acquisition  INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (TSXV: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that it has acquired 100% of the shares of Acreage Pharms Ltd. (“Acreage Pharms”), a licensed producer of Cannabis under the Access to Cannabis for Medicinal Purposes Regulations (“ACMPR”).

The Company is pleased to announce the appointments of the vendors to the Company’s management team.  Trevor Dixon has been appointed director and Chief Executive Officer of the Company and Brenda Dixon has been appointed the Chief Science Officer of the Company.  Dan Kriznic will continue his leadership role as Executive Chairman of the Company.

“This is an exciting day for Invictus MD, and our shareholders.  With the Company’s acquisition of 100% of Licensed Producer Acreage Pharms in Alberta, we now have 250 acres of cultivation space that stretches from Alberta to Ontario. Acreage Pharms will benefit from a low cost of production as a result of low energy and water costs. Additionally the property is friendly to building as many square feet as required based on the significant demand, which Deloitte reports to be between $4.9 billion and $8.7 billion annually.  I’m also very pleased with Trevor’s appointment as CEO, a highly successful entrepreneur and businessman, and also with Brenda’s appointment.  Invictus MD is fortunate to have both of the Dixons on board, in capacities that will see the Company continue to rapidly expand in the burgeoning cannabis sector. We are Canada’s Cannabis Company,” said Kriznic.

Invictus MD completes acquisition 

“I’m passionate about researching and producing products that have the potential to improve the quality of life for fellow Canadians and am very pleased to be a part of this amazing industry, Invictus MD, and its team of forward thinking professionals.” stated Trevor Dixon, President and CEO.

The Company and the vendors amended the composition of the purchase price for Acreage Pharms concurrently with closing to: (i) decrease the share consideration by one million shares, to 20 million common shares; and (ii) increase the cash consideration by $2 million, to $6 million.  The terms of the three million warrants issued to the vendors with an exercise price of $1.50 per warrant, of which one third will expire every six months on the anniversary of closing, were not changed.  Please see the Company’s news release dated February 24, 2017 for additional information.

Canada’s cannabis industry could reach $22.6 billion over the coming years, according to Deloitte, of which the retail market could be worth up to $8.7 billion. With only 43 producers licensed by Health Canada thus far, there’s a significant market opportunity for Invictus MD to capitalize on this growth over time.  The Company has focused on building its production profile, which includes:

AB Laboratories Inc. (“AB Labs”), a Licensed Producer under the ACMPR, has successfully conducted test crops and is currently operating at half capacity, with full production capacity scheduled by the end of May 2017. They have also acquired a number of different strains and are negotiating numerous others for R & D purposes.

AB Ventures Inc. (“AB Ventures”) 100-acre acquisition is scheduled to close on May 1, 2017, which once licensed under the ACMPR, will be used for future cannabis cultivation. Invictus MD has made a commitment to invest $5.5 million, which will be used to fund the costs of licensing approval under the ACMPR and the initial construction of 42,000 square feet. Considering the magnitude of AB Ventures’ land acquisition and future production facilities, and assuming AB Ventures obtains a license to produce the quantity forecasted for the proposed facility, the combined production capacity of both AB Labs and AB Ventures is expected to exceed 25,000 kilograms in 2020.

Acreage Pharms has constructed a 6,800 square foot production facility and has an expansion plan floor plate of 30,000 square feet, with an option to add a mezzanine. The large 150-acre land package provides the capability to construct facilities to meet the demand that the coming adult recreational marijuana use will create. Acreage Pharms also has plans to produce extracted or oil based products, which are rapidly gaining market share in the cannabis sector. By 2020, Acreage Pharms anticipates production to exceed 25,000 kilograms of high quality, low cost cannabis.
“From day one, we have been very clear: to acquire and grow production capacity under the ACMPR that would allow us to seize the recreational market, when available, was the key driver to increasing shareholder value”, said Dan Kriznic. “Given our ability to aggressively expand the commercial scale of the Acreage Pharms property, we will make key capital investments that enable us to rapidly ramp up production capability.”

Canada is on the global stage for cannabis legalization and moves closer to making history by being the first G-7 nation to legalize and regulate access to cannabis for responsible adult consumption and we welcome the regulatory framework around legalization while reducing access for underage Canadians, keeping profits out of the hands of the black market, and ensuring that customers are protected by having access to clean and safe product. This is of utmost importance, given the expected demand that will come with cannabis legalization for the recreational market.

We embrace the role we will play in the establishment of a secure environment for the continued development of a new cannabis economy that will generate even greater investment, innovation, economic development and job creation to many locations across Canada.

As Canada embarks on this historic and brave path, Invictus MD looks forward to working alongside all levels of government to achieve its goal of keeping cannabis out of the hands of youth and establishing a legitimate market while eradicating the black market.

In connection with the closing, the Company issued to an arm’s length finder a fee consisting of common shares and cash based on 5% of the consideration paid in this transaction.

About Invictus MD Strategies Corp.

Invictus MD Strategies Corp. is focused on three main verticals within the burgeoning Canadian cannabis sector: Licensed Producers under the ACMPR including investment in the fully licensed facilities operated by AB Laboratories Inc. and Acreage Pharms Ltd.; Fertilizer and Nutrients through Future Harvest Development Ltd.; and Cannabis Data and Delivery, with its wholly owned subsidiary Poda Technologies Ltd.

For more information, please visit www.invictus-md.com.

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Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Buz Investors Invictus MD – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that it has completed its final commitment with a cash transaction of CAD$2,000,000 to acquire 33.33% of AB Laboratories Inc. (“AB Labs”), a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”).

AB Labs is licensed for cultivation under the ACMPR and maintains a 16,000 square foot facility located in Hamilton, Ontario. Invictus MD has the right of first refusal to arrange any initial public offering, reverse take-over or other going public transaction of AB Labs.



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Invictus MD

AB Labs is also working on increasing its production capacity through AB Ventures Inc., (“AB Ventures”). AB Ventures recently acquired 100 acres in Ontario which is scheduled to close on May 1, 2017. This property will be used for future cannabis cultivation once licensed under the ACMPR.  Plans to construct five production facilities on the new land totaling 100,000 square feet will be completed by 2019.  Invictus MD has already paid $2 million towards the acquisition of the 100 acres and has committed an additional $5.5 million to fund the costs of construction and obtaining a license under the ACMPR.This would position the Company to become one of the top tier Licensed Producers in Canada.  Considering the size of AB Ventures’ land acquisition and facility, and assuming AB Ventures obtains a license to produce the quantity forecasted for the proposed facility, the combined production capacity of both AB Labs and AB Ventures is expected to exceed 20,000 kilograms in 2019.  According to a recent report from the consulting firm Deloitte “Recreational Marijuana – Insights and Opportunities,” the Canadian retail cannabis market would be worth between $4.9 billion and $8.7 billion annually.  Additionally the market for marijuana products and services – including growers, testing labs, lighting, and security systems – would increase that number to between $12.7 billion and $22.6 billion. Once taxes, licensing fees, and weed-related tourism are factored in, the market could even be greater than $22.6 billion.  Additionally, the consulting firm estimates that satisfying the recreational cannabis market will mean producing 600,000 kilograms of marijuana annually – far more than the existing 39 licensed producers grow for medicinal purposes.

Dan Kriznic, Chairman and CEO of Invictus MD, commented, “We are very pleased to have completed this important acquisition; it represents an incredible milestone for Invictus-MD and its shareholders. With our interest in AB Labs, a licensed producer under the ACMPR, and the increased expansion plan on 100 acres with AB Ventures, and our definitive option agreement to acquire 100% interest in OptionCo announced on February 24, 2017, the 150 acres that has already been pre-license inspected by Health Canada and expects to receive a license to cultivate under the ACMPR in short order, and our binding LOI with PlanC BioPharm Inc., now in the late stages of the application process, Invictus MD will have significant land holdings for cannabis cultivation in Canada. Given our ability to aggressively expand the commercial scale of these properties to meet the projected demand of domestic and international cannabis markets, we are very well positioned to become one of the largest producers of cannabis in the sector. From early on, Invictus MD has viewed acquiring production capacity under the ACMPR as a key driver to increasing shareholder value”, said Kriznic.

About Invictus MD Strategies Corp.

Invictus MD Strategies Corp. is focused on three main verticals within the burgeoning Canadian cannabis sector: Licensed Producers under the ACMPR; Fertilizer and Nutrients through Future Harvest Development Ltd.; and Cannabis Data and Delivery, with its wholly owned subsidiary Poda Technologies Ltd.



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CannaGrow Holdings, Inc. and State Licensed Grower Announce the Arrival of Additional Highly Marketable Cannabis Strains at Colorado Buffalo Ranch Project I

CANNAGROW HOLDINGS, INC. AND STATE LICENSED GROWER ANNOUNCE THE ARRIVAL OF ADDITIONAL HIGHLY MARKETABLE CANNABIS STRAINS AT COLORADO BUFFALO RANCH

CANNAGROW HOLDINGS, INC. AND STATE LICENSED GROWER ANNOUNCE THE ARRIVAL OF ADDITIONAL HIGHLY MARKETABLE CANNABIS STRAINS AT COLORADO BUFFALO RANCH

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CannaGrow Holdings, Inc. and State Licensed Grower Announce the Arrival of Additional Highly Marketable Cannabis Strains at Colorado Buffalo Ranch Project I

CENTENNIAL, CO–(Marketwired – Jul 22, 2016) –  CannaGrow Holdings, Inc. ( OTC PINK : CGRW ) CannaGrow Holdings, Inc., a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announced that Category One Botanicals, Sub-Lessor and State License Holder at the Grow Facility at the Buffalo Project I, has moved eight additional strains into the site Mother Plant Room.

 

Dr. John P. Janovec, Ph.D., C.O.O. of CannaGrow Holdings, states, “The arrival of the additional strains is really rounding out our genetic inventory. The Mother Plant Room now holds over 20 strains with growth cycles that range from eight weeks to five months. Indica and Indica Hybrids that mature early will help us to start making a respectable entry into the Wholesale Market while starting the process of branding our products. S High yield, longer cycle Sativa Strains will emphasize our capabilities as a genuine wholesale provider.”

 

Rod Clawson, Licensed Grower and Managing Member of Category One Botanicals LLC, adds, “When Dr. Janovec requested additional strains for the Mother Plant Room Inventory, I made the calls and made it happen. It has already been demonstrated to me what a dedicated and motivated team can accomplish. Our goal is to ramp up our production cycle as quickly as possible and take full advantage of all of the grow space that is available to us. With the Nexus Green House providing a year-round growing environment and the Seasonal Green Houses having the capabilities to produce nine months out of the year, I think it is safe to say we can expect great things in the future.”

 

Jason Wells, CannaGrow Holdings’ Consultant, remarked, “I am really looking forward to seeing these clones make the transition from the Mother Plant Room into the Nexus Green House and the three Seasonal Green Houses. The opportunity to work with strains such as ‘Gorilla Glue,’ ‘Master Kush,’ ‘Jack Flash,’ ‘Biodiesel,’ and ‘Head Band’ is very exciting. The Mother Plant Room will provide a perpetual output of clones and an environment for the development of new strains.”

 

Delmar Janovec, CEO, stated, “Everything has really come together and all of the hard work and long hours should begin to pay off in a big way. I hope to be able to make some very significant expansion announcements as we look for additional businesses and opportunities in the Colorado Cannabis Industry.”