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International Women’s Day Event Brings Together Women in the Cannabis & Psychedelics Industries

The #CanndoraConnect International Women’s Day event will bring together women across the cannabis and psychedelics industries to learn from experts and network with their peers in one of the industry’s premier events. The event keynote will feature two keynote sessions: “Plant Medicine + Women: What Does the Science Say?”, which will be moderated by Sabrina […]

The post International Women’s Day Event Brings Together Women in the Cannabis & Psychedelics Industries appeared first on CannabisFN.

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Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as “expects”, “will”, “anticipates”, and “estimates”; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief “snapshot” of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled “Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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Source: https://www.cannabisfn.com/international-womens-day-event-brings-together-women-in-the-cannabis-psychedelics-industries/

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Rest In Peace, Peggy Noonan: Rebel, Businesswoman, Certified Cannabis Trailblazer

Peggy Noonan, founder of the Arizona-based edibles company Copia, has passed away.

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The cannabis world has its flags at half mast today, as we say goodbye to legendary member of the cannabis community, Peggy Noonan.

Peggy Noonan was best known as CEO and founder of Copia, formerly known as Cornucopia Health and Wellness, an Arizona-based edibles company that helped pave the way for legal cannabis and high-quality products in her home state. She passed away on April 10 following four years of coping with a leukemia diagnosis.

For the past 10 years, Noonan has been focused on helping build Copia, a company that can boast the first scratch-made edibles kitchen in Arizona and famous for their wittily named and tasty products like OGeez! Gummies, K.I.N.D. concentrates, Weedish Fish, German chocolate brownies, and a line of Tommy Chong cannabis. Noonan left her mark on the cannabis industry with the creative and prolific work she did. 

“For those who knew my mother, it goes without saying that she loved this company and the Arizona community, and bringing the passion she put into the company to others,” said Bran Noonan, who will step into Peggy’s former role in the company, according to a press release. “My mother possessed an unmatched entrepreneurial spirit, and as the company moves through 2021 and beyond, we will do so in her honor and by continuing to build upon her legacy.” 

Bran will bring over a decade of industry experience to the table, as well as unique skills he developed in his history as a commercial and business lawyer.

Peggy Noonan first went public with her acute myeloid leukemia diagnosis in 2017, and since then, has been fighting the debilitating disease.

Peggy Noonan: From Drug Runner To CEO

While Noonan’s obituary for the most part reads like most successful cannabis folks gone too soon, there’s a definite twist of rebellion. Before cannabis became legal in Arizona, she was a drug dealer, running drugs between the U.S. and Mexico. This illegal business venture landed her behind bars in Mexico and then on federal probation back in Arizona. However, she left that life behind eagerly to join the legal industry and make an honest living through gummies, brownies, and tinctures.

“It was pretty wild, life coming full circle,” Noonan said regarding her history in the industry and how it contrasts with where she ended up. 

In 2017, the same year she was diagnosed with cancer, Noonan changed the name of the company from Cornucopia Health and Wellness to Copia, a rebrand that will help her organization stay current and her name to live on.

“I especially want to acknowledge and thank everyone in the MMJ Community for your care, kind texts, and support—and particularly, your creation of Team Peggy with T-shirts,” she said in her thank-you letter the community. “You have been extraordinary, and It has made a profound difference in my fight against cancer. You have all been part of the tremendous success of my ongoing treatment and recovery.

“My health and business have been inspired by this fast, furious and mind-blowing experience. And what I chose to put in the Universe from the moment of diagnosis and moving forward is to be Magic and Miracles, Health, Love and Light.”

Peggy Noonan will be missed in the wonderful world of legal weed, but she will not be forgotten, as her contributions from before cannabis became legal up through the successful company she started will continue to live on. 

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Source: https://hightimes.com/news/peggy-noonan-rebel-cannabis-trailblazer/

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Sugarbud Announces Launch of Trading on the US OTCQB Venture Market

CALGARY, Alberta, April 13, 2021 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDF) (“Sugarbud” or the “Company“) is pleased to announce that after successfully completing the application process, the Company has been approved by FINRA for quotation in the U.S. The Company’s common shares have been upgraded from […]

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Ryan Allway

April 13th, 2021


CALGARY, Alberta, April 13, 2021 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDF) (“Sugarbud” or the “Company“) is pleased to announce that after successfully completing the application process, the Company has been approved by FINRA for quotation in the U.S. The Company’s common shares have been upgraded from the OTC® Pink Open Market to the OTCQB Venture Market effective today, April 13th, 2021, at the opening of the market under the stock symbol “SBUDF” and will remain listed on the TSX Venture Exchange under the ticker symbol “SUGR”. The Company is also in the process of completing its application for eligibility with the Depository Trust Company (“DTC”).

“Being quoted on the OTCQB market will significantly enhance our visibility and make the Company accessible to a much broader range of U.S. investors. The quotation on the OTCQB market is expected to increase liquidity by providing current and potential investors with a transparent and easily accessible trading platform where they can find Real-Time quotes and market information on the Company,” stated Sugarbud CEO, John Kondrosky.

READ CORPORATE INVESTOR DECK HERE

The OTCQB Venture is the premier marketplace for companies that are committed to providing a high-quality trading and information experience for their U.S. investors. Qualifying for approval to trade on the OTCQB requires a company to be current on disclosure obligations, to pass a minimum bid price test, and to provide an annual company verification and management certification process. The OTCQB quality standards create a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors.

The Company also announces that, pursuant to the terms and conditions of its stock option plan, it has granted a total of 12,800,000 stock options to purchase common shares of Sugarbud (“Shares”) to certain directors, officers and advisors of Sugarbud. The options expire five years from the date of grant and are exercisable at a price of $0.05 per Share. The options vest as to one third on the grant date and one third on each of the first and second anniversaries of the grant date.

The Company also announces that it has entered into shares for services agreements with certain directors and an advisor of the Company, pursuant to which Sugarbud will issue a total of 2,650,000 Shares at a deemed price of $0.05 per Share in satisfaction of accrued portions of the cash retainers owing to such persons in the aggregate amount of $132,500 (the “Transaction“). The Shares to be issued in connection with the Transaction will represent approximately 0.47% of the issued and outstanding Shares of Sugarbud on a post-Transaction basis.

The Transaction is considered a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 on the basis that the fair market value of the Shares issued under the Transaction does not exceed 25% of the market capitalization of the Company.

The Transaction is subject to the approval of the TSX Venture Exchange (the “TSXV”) and the Shares issued in connection therewith will be subject to a statutory 4-month hold period.

About Sugarbud

Sugarbud is an Alberta-based, consumer-driven boutique craft cannabis company focused on the cultivation and production of superior, select-batch, craft cannabis products. Our vision and mission are to become a trusted and well-respected consumer brand renowned for providing exceptional high-quality craft cannabis products to legal markets by delighting the most discerning of cannabis consumers.

The Sugarbud Craft Cannabis Collection offers consumers “Hand-Crafted Cannabis for a New Era”. The Company is proudly Albertan and is proud to share Western Canada’s long tradition of exceptional craft cannabis with the most discerning of enthusiasts. Sugarbud strives to define the intersection of product craftsmanship, quality, and value for consumers in the Canadian craft cannabis space.

Investor Relations Contact
Chris Moulson
Chief Financial Officer
Sugarbud Craft Growers Corp.
Tel: (778) 388-8700
E-mail: [email protected]

Websites:
http://www.sugarbud.ca/

Address: Suite 620, 634 – 6th Avenue S.W., Calgary, Alberta T2P 0S4

Forward Looking and Cautionary Statements

This news release contains forward-looking statements. More particularly, and without limitation, this news release contains statements concerning: Sugarbud’s assessment of future plans and operations and the Transaction, including TSXV approval. When used in this document, the words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud. Forward-looking statements are subject to a wide range of risks and uncertainties, and although Sugarbud believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: currently contemplated expansion and development plans may cease or otherwise change; production of cannabis may be lower than expected, Sugarbud may not obtain the required approvals from Health Canada, including with respect to an amended sales license; demand for Sugarbud’s products may be lower than anticipated; results of production and sale activities; results of scientific research; changes in prices and costs of inputs; demand for labour; demand for products; failure of counter-parties to perform contractual obligations; failure to maintain consumer brand recognition and loyalty of customers; reliance on relationships with wholesalers and retailers for distribution of products and failure to maintain strategic business relationships; intense competition, including from illicit sources; uncertainty and continued evolution of markets; product liability litigation; reliance on information technology; infringement on intellectual property; failure to benefit from partnerships; sensitivity of end-customers to increased sales taxes and economic conditions; failure to comply with certain regulations; departure of key management personnel or inability to attract and retain talent; actions and initiatives of federal and provincial governments and changes to government actions, initiatives and policies and the execution and impact thereof; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; the size of the medical marijuana market and the recreational marijuana market; government regulations, including future legislative and regulatory developments involving medical and recreational marijuana; construction delays; risks inherent in the agricultural business, such as insects, plant diseases and similar agricultural risks which can have a significant impact on the size and quality of the harvest of cannabis crops; competition from other industry participants; and other factors more fully described from time to time in the reports and filings made by Sugarbud with securities regulatory authorities. In addition, the Company cautions that current global uncertainty with respect to the spread of the COVID-19 virus and its effect on the broader global economy may have a significant negative effect on the Company. While the precise impact of the COVID-19 virus on the Company remain unknown, rapid spread of the COVID-19 virus may have a material adverse effect on global economic activity, and can result in volatility and disruption to global supply chains, operations, mobility of people and the financial markets, which could affect interest rates, credit ratings, credit risk, inflation, business, financial conditions, results of operations and other factors relevant to the Company. Please refer to Sugarbud’s most recent annual information form and management’s discussion and analysis for additional risk factors relating to Sugarbud, which can be accessed under Sugarbud’s profile on www.sedar.com. Except as required by applicable laws, Sugarbud does not undertake any obligation to publicly update or revise any forward-looking statements.

Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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Source: https://www.cannabisfn.com/sugarbud-announces-launch-of-trading-on-the-us-otcqb-venture-market/

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Cannabis Packaging Waste Is A Problem. A California Dispensary Is Addressing It

Airfield Supply Co. has partnered with CannaCraft and Resynergi to address the growing problem of waste from plastic cannabis packaging.

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A California dispensary is calling attention to the environmental impact of cannabis packaging waste with a campaign that encourages customers to help recycle some of the industry’s plastic into diesel fuel. And to thank the company’s clientele for its support, customers who bring in plastic packaging from cannabis products into Airfield Supply Co. of San Jose, California will get a special reward for their trouble.

The problem of plastic waste is not a new one, Airfield Supply Co. noted in a press release about the campaign, which was planned for the run-up to the 4/20 cannabis high holiday. Approximately 6.3 billion tons of plastic have been produced worldwide in the last 60 years, but only 9% of that total has been recycled. And each year, about 300 million pounds of cheap plastic waste is generated, with about 8 million pounds of it ending up in the world’s oceans.

Unfortunately, the legal cannabis industry has become a significant contributor to the problem of plastic packaging waste. Because of strict regulations governing how cannabis products must be packaged, many end up being marketed in much more plastic than is really necessary.

Child-resistant and tamper-evident packaging is mandatory in California but often that means brands use extra plastic to achieve compliance, and that contributes a massive volume of single-use plastic, including some 2 million single-joint tubes to the state’s waste stream and landfills each year,” Airfield Supply Co. chief marketing officer Chris Lane said in a statement from the company. 

Be A Part Of The Solution. Recycle Your Cannabis Packaging

To help address the issue, Airfield has partnered with Sonoma County cannabis manufacturer CannaCraft, recycling innovator Resynergi, and other licensed brands to turn plastic cannabis packaging into diesel fuel. During the week leading up to 4/20 (April 13 through April 20), customers who bring plastic packaging from a cannabis product to recycle will receive a coupon to purchase a specially designated product for only 10 cents with a dispensary purchase of $25 or more. Members of the cannabis community are encouraged to recycle as much clean cannabis packaging as possible, but coupon distribution is limited to one per customer per day of the campaign.

“Our intent is to entice customers during the week of 4/20 to bring in cannabis waste by offering a coupon for those who do to get a $.10 special item,” said Lane.

Ten-cent gift coupon choices available for customers who participate in the campaign include a single Cann infused beverage, full-sized tins of PLUS cannabis gummies, half-gram ABX vape cartridges, half-gram Jetfuel pre-rolls, single Big Pete infused cookies, one gram Pure Beauty pre-rolls, Papa & Barkley Releaf samples, Select Nano gummies, and more. Lane said that the company hopes the incentives will encourage them to make recycling a part of their lifestyle.

“We want to see what we can achieve when we motivate our base to participate, raise more general awareness for recycling efforts and try to drive more adoption of recycling practices,” he said. “Our goal is always to use our voice to drive positive change, for the environment and the community. Every piece of plastic recycled is a step in that right direction.”

The participating cannabis brands have all agreed to drop their wholesale cost of the products for the promotion to only 10 cents, “which is a significant wholesale discount, and really speaks to their willingness to drive sustainable action in the cannabis community,” said Lane.

“CannaCraft is happy to discount our ABX products to call attention to the plastic crisis plaguing our environment, communities, and now the cannabis industry. We began working on these recycling programs with Resynergi and dispensaries in 2019 when California regulations required additional child-resistant packaging for cannabis products,” Jim Hourigan, CannaCraft CEO said in an email to High Times. “We hope that by encouraging and incentivizing customers to recycle this packaging, we can get the industry in the habit of making responsible choices that benefit all of us as well as the planet.” 

Airfield Supply Co. estimates that if only a third of the customers who visit the dispensary during the campaign participate in the recycling effort, 250 pounds of plastic cannabis packaging waste can be collected and recycled, enough to produce 25 gallons of diesel. So, if you’re in the Bay Area, need some weed, and have plastic cannabis packaging laying around, here’s your chance to get a quality California cannabis treat for only a dime. Not a bad deal!

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Source: https://hightimes.com/news/california-news/dispensary-cannabis-packaging-waste/

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