Friday Night Inc. (Friday Night or the Company) (CSE: TGIF) (FWB: 1QF) (OTC: VPGDF) is pleased to announce that the Company has entered into a non-binding letter of intent (the LOI) with one of California

Friday Night Inc. And SuicideGirls Cannabis Enter Into LOI to Expand Market Presence with an Exclusive License for the State Of Nevada

Friday Night Inc. And SuicideGirls Cannabis Enter Into LOI to Expand Market Presence with an Exclusive License for the State Of Nevada

FOREX INVESTORS BUZZ

Friday Night Inc. (Friday Night or the Company) (CSE: TGIF) (FWB: 1QF) (OTC: VPGDF) is pleased to announce that the Company has entered into a non-binding letter of intent (the LOI) with one of California

 Friday Night Inc. (Friday Night or the Company) (CSE: TGIF) (FWB: 1QF) (OTC: VPGDF) is pleased to announce that the Company has entered into a non-binding letter of intent (the LOI) with one of California’s most popular cannabis brands, SuicideGirls Cannabis (SGC), to expand their brand into Nevada.

The SuicideGirls Cannabis Highlights

  • One of the fastest growing cannabis brands in California
  • Launched in 2017, and they are in approximately 200 dispensaries in California
  • One of the largest social media presences of any cannabis brand
  • SuicideGirls is the largest alternative community on the internet, with over 6.7M Instagram followers

Transaction Highlights

  • Friday Night Inc. will acquire an exclusive license for the SGC product line-up for all of Nevada;
  • Friday Night Inc. will have the option to create a SuicideGirls vape lounge in the city of Las Vegas;
  • AMA will be the exclusive provider/distributor for all SGC products and events in Nevada; and
  • Friday Night Inc. will have a “right of first refusal” for the exclusive license for the Canadian Provinces of British Columbia and Alberta, once new regulations permit operations there

 



 

Friday Night Inc

 

Pursuant to the terms of the LOI, in exchange for a 15% production royalty on gross sales and the issuance of 1 million common shares in the capital of the Company (Common Shares), Friday Night, through its 91% owned subsidiary, Alternative Medicine Association LC (AMA), will be the exclusive manufacturer and distributor of all SGC products within the State of Nevada.  In addition, at such time as Canadian law permits, Friday Night will be granted exclusive rights to sell, manufacture and distribute SGC products in the Provinces of British Columbia and Alberta upon the issuance of a further 500,000 Common Shares.  If and when AMA is granted a license to establish a “Vape Lounge” in the City of Las Vegas in which SGC products may be legally consumed, Friday Night has agreed to issue a further 500,000 Common Shares.  The term of the licensing arrangement is three years and may be renewed by the parties for additional one-year terms.

A representative of SuicideGirls stated, “With the success of what we have seen with the SuicideGirls Cannabis brand in California, and Nevada recently going recreational, Las Vegas is the obvious next move for SGC.  SuicideGirls has a huge presence in Las Vegas, and we are thrilled to partner with the outstanding Friday Night team to help extend our brand to our first new market outside of California.”

About Friday Night Inc.

Friday Night Inc. is a Canadian public company, which owns and controls cannabis and hemp based assets in Las Vegas Nevada.  The company owns 91% of Alternative Medicine Association, LC (AMA), a licensed medical and adult-use cannabis cultivation and production facility that produces its own line of unique cannabis-based products and manufactures other third-party brands.  Infused MFG, also a 91% owned subsidiary, produces hemp-based, CBD products, thoughtfully crafted of high quality organic botanical ingredients.  Friday Night Inc. is focused on strengthening and expanding these operations within and outside of the state.

About SuicideGirls Cannabis

SuicideGirls, the largest alternative community on the internet is now one of the fastest growing cannabis brands in California.  In 2017, SuicideGirls Cannabis introduced their new effect based line of Cannabis vape Cartridges: Chill, Hustle, and Zero.  Chill is an indica, specifically formulated to calm the mind and body. Hustle is a Sativa, that was created to boost energy and creativity. Zero is a hybrid that contains THCV, a compound found in cannabis that suppresses hunger, and gives the user a feeling of focus & clarity.

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BUZ INVESTORS Cannabinoid Joint Venture Lexaria Bioscience Corp (OTCQB:LXRP) (CSE:LXX) (the "Company") and Neutrisci International Inc ("Neutrisci") (TSX-V:NU, OTCQB:NRXCF, Frankfurt-1N9) have completed and signed the previously announced joint venture

Lexaria Bioscience Corp. (LXRP) Announces LOI With Naturally Splendid to Distribute CBD

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Under the terms of the LOI, Ambarii will manufacture and supply Ambarii CBD Tablets to Naturally Splendid for exclusive distribution in Japan and South Korea. In addition to the revenue generated from product sales, Ambarii will also receive a royalty on all sales

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Lexaria Bioscience Corp

 

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Ambarii CBD Tablets are quick dissolving and offer a consistent dose of full spectrum hemp oil, combined with the powerful antioxidant properties of pterostilbene. Tablets for each nation will be flavor optimized and zero-sugar. Ambarii high absorption CBD Tablets are the first commercially ready tablet of its kind and, utilizing patented technology, are designed to be the standard to which others will aspire to reach.

Lexaria’s CEO Chris Bunka says, “Ambarii is moving quickly to establish commercial production and distribution. Our Joint Venture partner Neutrisci International (TSX VENTURE: NU) and Lexaria, working together, hope to establish distribution for Ambarii products in other global locations. We’re pleased to be working with Naturally Splendid in this new enterprise.”

NeutriSci’s President, Glen Rehman stated, “This agreement establishes the first product distribution deal for the newly formed Ambarii. Together with our joint venture partner, Lexaria Bioscience, we are very excited to have made such significant progress with Ambarii. This agreement represents a significant milestone in the cannabinoid industry as it represents the completion of the first ‘plant to blood stream’ product of its kind. We look forward to working with Naturally Splendid on this exciting new venture.”

Naturally Splendid CEO Dave Eto states, “Combining the IP and expertise of the companies involved creates a most exciting synergistic and dynamic business opportunity and we would like to thank Lexaria, Neutrisci and Ambarii as we collaborate on this exciting venture. Naturally Splendid is also investigating a HempOmega™ infused, CBD sublingual chewable tablet, which could lead to a wider array of new products. Together with Lexaria, Neutrisci and Ambarri, we believe we can develop and market products that will give Naturally Splendid a competitive advantage in this market space. Our goal is to now complete a definitive agreement.”

Hemp oil containing CBD is legal in Japan, and with a population of over 127 million, it represents one of the largest markets in the world. South Korea is expected to open its market to CBD from hemp oil soon, and its population of 50 million makes this an attractive market as well. Naturally Splendid has been working since 2015 to open distribution channels in both Japan and South Korea and Ambarii expects these markets to contribute to meaningful revenue growth in 2017 and 2018.

To find out more about Ambarii, please visit www.ambariicorp.com.

Lexaria has 18 patents pending and patent applications filed in more than 40 countries worldwide.

About Naturally Splendid Enterprises Ltd.

Naturally Splendid is a biotechnology and consumer products company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications.

About NeutriSci International Inc.

NeutriSci specializes in the innovation, production and formulation of nutraceutical products. Established in 2009, NeutriSci’s is building sustainable sales models with Convenience, Chain Drug, and Mass Market and Supermarket retailers for neuenergy®, the Company’s natural energy and focus supplement that has at its core, the beneficial effects of blueberries. With the recent formation of Ambarii, a joint venture partnership with Lexaria Bioscience Corp., NeutriSci is expanding its reach into the burgeoning cannabinoid industry.

Business Description

Industry: Consumer Packaged Goods » Packaged Foods    NAICS: 311999    SIC: 2099
Compare: AMEX:(ALN), OTCPK:(QRSRF), OTCPK:(MMMB), OTCPK:(IMMD), NAS:(RELV), OTCPK:(OPCO), NAS:(JVA), OTCPK:(TOFB), OTCPK(:HCRE), NAS:(RIBT), OTCPK:(FVRG), OTCPK:(FTLF,) OTCPK:(BABB), OTCPK:(LAGBF), OTCPK:(HISP), OTCPK:(FBER), OTCPK:(GLUC), OTCPK:J(ALA), OTCPK:(AMNF), NAS:(SNAK) » details
Traded in other countries: LXX.Canada,
Headquarter Location: Canada

Lexaria Bioscience Corp is a food sciences company. It has two distinct consumer product brands: ViPova and Lexaria Energy. It uses patent pending technology to infuse hemp oil ingredients within lipids in popular foods.

Lexaria Bioscience Corp was incorporated in the State of Nevada on December 9, 2004. It is a food sciences company focused on the delivery of hemp oil compounds procured from legal, agricultural hemp seed oil, through gourmet foods products based upon its proprietary infusion technologies. The Company produces and sells edible consumer products infused with cannabidiol. It owns two patents pending for the infusion of hemp oil within lipids. The Company has two product brands, ViPova and Lexaria Energy.

 

 

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SinglePoint, Inc. Signs LOI to Invest $800K in Jacksam Corp., Creator of Revolutionary Cannabis Technology

SinglePoint, Inc. Signs LOI to Invest $800K in Jacksam Corp., Creator of Revolutionary Cannabis Technology

Buz Investors SinglePoint, Inc. Signs LOI SinglePoint, Inc. (OTC PINK: SING), a full-service mobile technology and marketing provider, is entering an exciting niche of the cannabis industry through a Letter of Intent (“LOI”) to acquire an interest in Jacksam Corp

Buz Investors SinglePoint, Inc. Signs LOI SinglePoint, Inc. (OTC PINK: SING), a full-service mobile technology and marketing provider, is entering an exciting niche of the cannabis industry through a Letter of Intent (“LOI”) to acquire an interest in Jacksam Corp., dba Convectium, a profitable California-based provider of equipment, branding, and packaging solutions for the cannabis industry.

Convectium is the creator of the world’s first oil filling machine focused on the cannabis industry that is capable of filling cartridges or disposable vape pens for wholesale distribution to dispensaries. The company’s 710Shark and 710Seal system can fill and package up 100+ cartridges or disposable vape pens in 30 seconds, making it the fastest filling and sealing system of its kind.



OTHER STORIES BUZ TRADERS FOLLOW

SinglePoint, Inc. Signs LOI

Convectium operates a B2B equipment division in addition to its legacy B2C products. The proprietary equipment is solely distributed by EquipCanna.com, the Convectium B2B brand. Based on its market position and increasing demand for its products and services, Convectium forecasts revenues for 2017 at $3.5 million, an increase of 150% compared to revenue of $1.4 million for 2016.

Convectium ships its consumer brands to over 52 countries. The company’s line of B2C brands include BlackoutX as well as HazeSticks, inspired by the Jimi Hendrix Cannabis Collection.

“To say we are excited about this opportunity is an understatement,” states SinglePoint CEO, Greg Lambrecht. “Convectium’s 710Shark and 710Seal system is incredible, and its capabilities are unmatched. After looking at hundreds of cannabis companies, finding an acquisition opportunity like we have found in Convecitum adds a new dynamic to our endeavors and the cannabis industry as a whole.”

Per the LOI, SinglePoint will pay Jacksam a stock and cash consideration totaling $800,000. The transaction is expected to accelerate SinglePoint’s existing presence in the cannabis industry – established by its SingleSeed subsidiary – while creating another avenue of participation in the “Green Rush” of the multi-billion dollar cannabis industry.

“We are excited to enter into an agreement with SinglePoint, one of the leading and most visionary publicly traded cannabis companies in the market. Paired with our proprietary technology and commitment to the future of the infrastructure of the cannabis industry, Convectium and SinglePoint are creating a unique business dynamic with incredible potential,” says Danny Davis, managing partner at Convectium.

A definitive agreement on the announced transaction is expected no later than May 24, 2017, subject to certain terms and conditions, the completion of due-diligence and obtaining the required consents and regulatory approvals.

About SinglePoint, Inc.

SinglePoint, Inc. is a full-service mobile technology and marketing provider. The company provides solutions that allow its clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. SinglePoint products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. SinglePoint recognized the strength in acquiring interest in undervalued subsidiaries in other markets, such as Daily Fantasy Sports, to create a diversified holding base.

Connect on social media at: www.facebook.com/SinglePointMobile, www.twitter.com/_SinglePoint_, www.linkedin.com/company/SinglePoint and www.youtube.com/user/SinglePointMobile

For more information visit www.SinglePoint.com.

About Jacksam Corp. dba Convectium

Convectium was founded in October of 2013 and based in South Orange County, California. Convecitum does not touch plants; its branding, packaging and equipment solutions help grow the companies that do. With the industry’s first and only oil filling system, proprietary packaging systems and innovative devices, Convectium represents a commitment to the future of infrastructure in the cannabis industry.

See the 710Shark at work here: https://vimeo.com/169612830

For more information visit www.Convectium.com, www.BlackoutX.com or www.710Shark.com.



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Invictus MD announces binding LOI to acquire 100% of a Late Stage Applicant under Health Canada’s ACMPR

Invictus MD announces binding LOI to acquire 100% of a Late Stage Applicant under Health Canada’s ACMPR

Invictus MD announces binding LOI to acquire 100% of a Late Stage Applicant under Health Canada’s ACMPR

Invictus MD announces binding LOI to acquire 100% of a Late Stage Applicant under Health Canada’s ACMPR

Buz Investors Invictus MD announces binding LOI VANCOUVER, BC, February 7, 2017 – INVICTUS MD STRATEGIES CORP. (“Invictus MD” or the “Company”) (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that on February 6, 2017 it had entered into a binding letter of intent (“LOI“) for an option to acquire 100% (the “Option“) of the outstanding shares of a Late Stage Applicant (the “OptionCo“) under the Access to Cannabis for Medical Purposes Regulations (“ACMPR“) from its current shareholders (the “Vendors”). In early January 2017, OptionCo had its Pre-license inspection from Health Canada and expects to receive a license to cultivate under the ACMPR in short order.

OptionCo has built 60,000 square feet of secured perimeter for its current production facility located on 150 acres (the “Property“), which is expected to have production capacity of up to 6,000 kg per annum. OptionCo has already submitted plans for additional buildings on the Property including a 30,000 square foot facility. Assuming OptionCo receives the requisite regulatory approval to cultivate, OptionCo has future expansion plans on the 150 acre Property to establish itself as a leader in the Canadian cannabis industry.

The Option will be exercisable at the sole option of Invictus MD within 30 days after OptionCo receives its license to cultivate under the ACMPR.  The exercise price of the Option will be payable as follows: (i) cash payment of $4 million CDN to the Vendors; (ii) issuing to the Vendors within 10 business days of exercising the Option, 21 million common shares of Invictus MD; and (iii) issuing to the Vendors 3 million warrants with an exercise price of $1.50 per warrant, of which: 1 million warrants will expire in 6 months following the date the Option is exercised; 1 million warrants will expire in 12 months following the date the Option is exercised, and 1 million warrants will expire in 18 months following the date the Option is exercised.

Subject to completion of satisfactory due diligence, Invictus MD intends to enter into a definitive option agreement on or before February 24, 2017.

“Once the option to acquire a 100% interest in OptionCo is exercised, along with the previously acquired interest in AB Laboratories, a licensed producer under the ACMPR, Invictus MD will have significant land holdings for cannabis cultivation in Canada to meet the significant demand. From day one, Invictus MD has viewed acquiring production capacity under the ACMPR as a key driver to increasing shareholder value”, said Dan Kriznic, Chairman and CEO of Invictus MD.  According to a recent report from the consulting firm Deloitte “Recreational Marijuana – Insights and Opportunities”, the Canadian retail cannabis market is projected to be between $4.9 billion and $8.7 billion annually.  In that same report, Deloitte further estimates that satisfying the recreational cannabis market will mean producing 600,000 kilograms of marijuana annually – far more than the existing licensed producers under the ACMPR grow for medicinal purposes.

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 an investment in a fully licensed facility, AB Laboratories Inc.; 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.co

Metalla Signs LOI to Acquire 15% of the New Luika Gold Mine Silver Stream from Silverback Ltd.

Metalla Signs LOI to Acquire 15% of the New Luika Gold Mine Silver Stream from Silverback Ltd.

Metalla Signs LOIMetalla Signs LOI to Acquire 15% of the New Luika Gold Mine Silver Stream from Silverback Ltd.

Metalla Signs LOI to Acquire 15% of the New Luika Gold Mine Silver Stream from Silverback Ltd.

TORONTO, ONTARIO–(Jan. 18, 2017) – Metalla Royalty & Streaming Ltd. (“Metalla” or the “Company”) (CSE:MTA)(CSE:MTA.CN)(OTCQB:EXCFF)(FRANKFURT:X9CP) is pleased to announce that it has signed a Letter of Intent to acquire 15% of the issued shares in Silverback Ltd and an option to invest in a second gold stream for US$2 million. Silverback owns a silver stream at a producing gold mine which in 2015 produced 81,873 oz Au and 121,682 oz Ag.

The silver stream covers 100% of the silver produced from the operation. According to the Silver Streaming Agreement, silver is purchased at 10% of the spot price
Meta description preview:Metalla Signs LOIMetalla Signs LOI to Acquire 15% of the New Luika Gold Mine Silver Stream and the stream continues through 2026. Metalla will also have the option to participate with Silverback Ltd on an additional gold stream subject to due diligence.

Other Stories Buz Traders Follow

cMetalla Signs LOI

Metalla Signs LOI”This transaction will represent a major step for Metalla as it will be its first cash flowing asset as well as provide direct exposure to silver. We are also pleased to have established a strategic relationship with Silverback Ltd, which is expected to provide ongoing opportunities to co-invest in gold and silver streams in the future,” commented Brett Heath, President of Metalla.

Metalla Royalty & Streaming Ltd. is a precious metals royalty and streaming company engaged in the acquisition and management of precious metal royalties, streams, and similar production based interests. Metalla Signs LOI


On behalf of the Board of Directors:

Brett Heath, President and Director, Metalla Royalty & Streaming Ltd.  

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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Metalla Signs LOI