Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

420 with CNW – Florida Approves Medical Marijuana Edibles

Four years after Florida voters approved the legalization of medical marijuana, edible marijuana products can finally be sold in the state. On Wednesday night, the Florida Department of Health, which oversees the state Office of Medical Marijuana, quietly published emergency rules for edible medical marijuana products. This opens the road for the legal sale of edibles down the line, albeit with some restrictions.

The rules are what you would expect from a medical marijuana state. The edibles must be a geometrical shape and can be sold as lozenges, chocolate, drink powder, gelatins, or baked goods. However, the emergency rules state that medical marijuana edibles cannot contain any color additives whether natural or artificial, cannot bear a ‘reasonable resemblance to commercially available candy’, cannot be decorated with icing, sprinkles or other toppings of any kind, and can’t be a primary or bright color.

Additionally, the rules state that edibles cannot bear any markings, symbols, images, words, or graphics other than the universal symbols used to mark edibles. Most of these conditions are meant to avoid accidental ingestion of the edibles by children. According to the emergency rules, “edibles shall be produced in a manner to minimize color intensity and other color and visual characteristics attractive to children.”

This is in line with the 2017 law that gave the state Department of Health authority to “determine by rule any shapes, forms and ingredients allowed and prohibited for edibles” to prevent children from consuming them. The law further stated that the products may not be “manufactured in the shape of humans, cartoons, or animals, in a form that bears any resemblance to products available for consumption as commercially available candy or contain any color additive.”

Despite all these limitations, CBD sellers are happy and raring to go. According to Liz Conway, Florida’s president for Atlanta-based company Parallel, “this is very significant, both for our customers and our business.” The Atlanta-based company is looking to sell edibles in the state at their Surterra Wellness dispensaries. “Florida’s medical cannabis patients have been waiting for the arrival of edibles, not only for dosing convenience, but for the extended relief that comes with ingesting medical cannabis.”

Companies that are interested in selling edibles in the state will have to be approved by the Florida Department of Health as well as receive an inspection of their food manufacturing facilities and receive a food safety certification from the Florida Department of Agriculture and Consumer Services. It is unclear how soon edibles will hit the shelves.

The expansion of the products that patients using medical marijuana can access in the state is likely to please industry players like Pure Extracts Corp. even if they aren’t directly active in Florida.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CBDNewsBreaks – NxGen Brands Inc. (NXGB) Expands CBD-Based Offerings to Include Health, Wellness and Active-Lifestyle Products

NxGen Brands (OTC: NXGB) today announced its addition of various new CBD-based products to manage various sports and lifestyle pain and injuries. The new offerings, each certified THC-free and made with 100% natural, organic hemp, will be available under the LeafyWell brand and added to the existing CBD-based product line. “We have tested these products internally and feel that these products should be made available to the public. With this stated, we have developed a product line, which we anticipate will be available in stores through distribution chains and online within the next 45-90 days, before the holidays,” said Angel Burgos, president and CEO of NxGen Brands Inc., in the press release “This will introduce high-quality CBD to markets alternate to the traditional stores in sizes that start in one ounce. Now that CBD is legal for the public, we are looking to secure a space in the retail marketplace. When you feel good, you are more likely to keep a healthy lifestyle and stay active.”

To view the full press release, visit http://cnw.fm/jPAVI

About NxGen Brands Inc.

NxGen Brands owns 100% of its subsidiary, NxGen Brands LLC, which is doing business as LeafyWell. The company’s websites can be viewed at www.LeafyWell.com and www.NxGenBrands.com. Its pursuit is to leverage equity, acquire, merge and or joint venture with early-stage companies in emerging industries to stimulate growth, cash flow and increase broader distribution channels. The company’s newly added proprietary and licensed, formulated products, including commercial, industrial and residential cleaning supplies, disinfectants and sanitizers, can be seen at www.NxGenBrands.com or www.LeafyWell.com. For more information or to make bulk purchases, please contact Sales@NxGenBrands.com. For more information on NXGB, please visit the corporate website at www.NxGenBrands.com.

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Announces Filing of Prospectus Supplement

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF), today announced that, further to the previously disclosed amendments to the terms of its outstanding 6.0% senior unsecured subordinated convertible debentures issued in October 2018, it has filed a prospectus supplement that qualifies the issuance of up to 58,300,000 common shares of the company to holders of debentures (“debentureholders”) residing in eligible jurisdictions. According to the update, in consideration of the reduction of the principal amount of the debentures by $63.5 million, among other considerations, the company will issue an aggregate of 116.6 million common shares (“consideration shares”) to debentureholders. Debentureholders residing in eligible jurisdictions will receive half of the consideration shares as freely-trading shares, with the other half subject to a four-month restricted period. Debentureholders residing in other jurisdictions will be entitled to receive consideration shares subject to restricted periods and applicable securities laws.

To view the full press release, visit http://cnw.fm/R8nn5

About Supreme Cannabis Company Inc.

The Supreme Cannabis Company is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium plant-driven lifestyle companies. Supreme Cannabis’ portfolio of brands caters to diverse consumer experiences, with brands and products that address recreational, wellness, medicinal and new consumer preferences. The company’s brand portfolio includes 7ACRES, Blissco, Truverra, Sugarleaf and Hiway. Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including scaled cultivation, value-add processing, centralized manufacturing and product testing and R&D. For more information, visit the company’s website at www.Supreme.ca.

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://cnw.fm/FIRE

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) (Germany: A9KN) Announces Strong Sales Trend, California and Oregon Operations Growth

Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) (Germany: A9KN) today announced that retail sales of the company’s Hush(TM) branded products continue to grow in the states of California and Oregon. According to the update, aggregate unaudited total revenues were approximately $2.18 million in July. In addition, unaudited revenues from sales to dispensaries were $1.94 million, reflecting the largest monthly sales in the company’s history. “Our California and Oregon operations are growing and the sales trend is strong, as we expand the assortment and bolster distribution channels—even as the COVID-19 pandemic challenged the economy from mid-March 2020,” said Kiran Sidhu, CEO and co-founder of Halo, in the press release. “With harvest only eight weeks away, we are poised to grow even more rapidly as we debut and distribute fresh material and new product lines.”

To view the full press release, visit http://cnw.fm/kyP8f

About Halo

Halo is a leading, vertically integrated cannabis company that cultivates, extracts, manufactures and distributes quality cannabis flower, oils and concentrates, and has sold approximately 1.2 million grams of flower and pre-rolls in 2020, as well six million grams of oils and concentrates since inception. Halo continues to scale efficiently, partnering with trustworthy leaders in the industry who value operational expertise in bringing top-tier products to market. Current growth includes expansion in key markets in the United States and Africa, with planned geographic expansion into U.K. and Canadian markets. With a consumer-centric focus, Halo markets value-driven, branded and private-label products across multiple product categories.

Recently, the company acquired a dispensary permit in Los Angeles, and a 30,000-square-foot cannabis processing and wholesale facility in Ukiah, California. The company plans to acquire three KushBar(TM) branded dispensaries, five development permits in Alberta Canada, and Canmart Limited, a company that holds wholesale distribution and special licenses, allowing the import and distribution of cannabis-based products for medicinal use (“CBPMs”) in the United Kingdom.

Halo is led by a strong, diverse and innovative management team, with deep industry knowledge and blue-chip experience. The company is currently operating in the United States in California, Oregon and Nevada. Internationally, the company is currently cultivating cannabis at Bophelo Bioscience & Wellness (Pty) Ltd, in Lesotho under a 200-hectare license, and is planning importation and distribution of CBPMs into the United Kingdom via Canmart.

For more information, visit the company’s website at www.HaloCanna.com.

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420 with CNW – House Leadership Confirms Upcoming Vote on Marijuana Legalization

Congressional leadership announced formally on Friday that the House would vote on a cannabis legalization bill in September.

James Enos Clyburn, the Majority Whip (D-SC) confirmed in a mass email to members that the chamber is expected to debate the MORE Act (Marijuana Opportunity, Reinvestment and Expungement) in the September period. This is despite the floor vote having not yet been scheduled.

The bill was first introduced by Jerrold Nadler, Judiciary Committee Chairman (D-NY) last year after which it cleared the committee and was pushed forward to other committees. However, it is not yet known if the committees in question will relinquish jurisdiction or markup the proposed bill for it to get a majority vote.

The Marijuana Opportunity, Reinvestment and Expungement Act would suspend marijuana’s illegality, annul records of individuals who had been convicted for cannabis and levy a 5% governmental tax on its sales. The revenue collected would be used to revive communities that have been the most affected by the ongoing drug war.

The Act would in addition make way for the resentencing of those who had been imprisoned for cannabis crimes, and prohibit government agencies from refusing security clearances or public benefits to individuals because of using cannabis.

Additionally, the act would offer protection for immigrants who may be denied citizenship over marijuana.

In the email, the Majority Whip requests the lawmakers to brief him by Monday if they plan on supporting the bill on the floor.

Rep. Earl Blumenauer (D-OR), who is a chief advocate for marijuana reform in Congress, recently stated in an interview that the marijuana legalization bill was a chance to stop the prohibition policy that had reigned for a lengthy period of time, over which selective enforcement was practiced against many BIPOC’s, mostly black men.

He also added that there was a significant urgency to this bill, given the protests of racial injustice throughout the country. He explained that Congress seizing the opportunity to align marijuana laws with the wants of the majority of the Americans would be historic, thus assuring that restorative justice was implemented.

Earlier this month, House leadership received a letter from major civil rights and drug policy organizations such as the NAACP, American Civil Liberties Union, Drug Policy Alliance (“DPA”) and the Human Rights Watch. The letter demanded a floor vote before the end of September on the MORE Act.

Policy manager for DPA, Queen Adesuyi also added that the advancement of this bill met this political moment’s principles, adding that the House Democrats now had the opportunity to pass a bill that enjoyed bipartisan support while also responding to calls for racial justice and justice reform resounding in the country.

Marijuana industry actors like Pac Roots Cannabis Corp. (CSE: PACR) are likely to follow the House proceedings keenly since history may be in the making with regard to marijuana policy.

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420 with CNW – Coronavirus Pandemic Causes a Spike in Marijuana College Enrollment

The COVID-19 pandemic brought about the closure of many businesses, with industries suffering and economies struggling to recover from the impact of restrictions and lockdowns.

When the pandemic began, marijuana was considered an essential business. Now, with millions in lockdown around the world, many are seeking to grow their portfolio by signing up for classes in the Cannabis Training University (“CTU”).

Jeff Zorn, the CEO of CTU, which is the first and oldest as well as the largest online cannabis college in the world, states that Cannabis Training University has been registering an average of 1,000 new students every month since the beginning of the pandemic, an increase from the 500 student enrollment they were seeing. He adds that most of the students are from Canada and the U.S.

On March16, 2020, it was reported by Statista, which is an online statistics portal, that recreational marijuana sales in California has grown by almost 159%. This was in comparison to March 16, 2019. In Colorado and Washington State, sales had also grown by 46% and 100% respectively by the same date.

Headset, an analytics site that provides market and retail insights to marijuana retailers, stated that marijuana sales in the U.S. had increased rapidly in mid-March, with the growth in sales climaxing at 64%.

With more states moving toward cannabis legalization and the industry growing thus creating demand for skilled employees, it makes sense for people to see the industry as a business opportunity and acquire the necessary skills to learn all they can about the industry as well as the product. It is therefore not a surprise that CTU has recorded a 108% growth in enrollment during this period.

So, what is the CTU?

The Cannabis Training University is headquartered in Denver, Colorado and was established to provide extensive marijuana education to everyone in the world.

The college has trained and certified thousands of students from more than 20 countries across the globe. Their education model allows anyone from anywhere in the world to access their content and educate themselves.

Jeff Zorn, who is a graduate of the school as well, launched CTU in 2009 after leaving corporate medical sales. He stated the reason for this being his traumatic brain injury and how he had used marijuana to recover.

He speculates that with the increase in job loss, many will venture into the marijuana industry.

In addition to teaching, the university also provides staff training for companies in the industry.

However, one should note that as marijuana is still illegal in most states, this makes the college unaccredited. Therefore, one cannot apply for government student loans/grants to help pay for tuition but individuals with marijuana-related convictions can attend these colleges, even though they may find it hard to get a job in the sector because of their record.

While there are no state requirements for those who wish to be employed in this sector, some states ask for state level certifications for role such as bud tending.

To get employment in this sector, managers may prefer applicants that are:

Knowledgeable
Versatile
Flexible
Patient
Can persevere
Have people skills
Are confident
Have certification

Furthermore, the college only requires that the individual enrolling is 18 years of age or older.

CTU also provides a certificate as well as the knowledge of an extensive cannabis program for about $1,000. The rates are the same across the globe and students are allowed to learn at their own pace.

Sector players like Cannabis Global Inc. (OTC: CBGL) must be glad that people are looking to the marijuana industry for new sources of employment amid this pandemic.

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CannabisNewsBreaks – InvestorBrandNetwork and CannabisNewsWire Re-Engaged by USA CBD Expo for Upcoming 2020 and 2021 Events

CannabisNewsWire (“CNW”), one of multiple cannabis-focused information services part of the InvestorBrandNetwork (“IBN”), today announced that it has been re-engaged by the USA CBD Expo, hosts of the nation’s largest CBD conference network, to serve as the official newswire and provide coverage for the upcoming slate of events to take place in 2020 and 2021. Having successfully collaborated for its premier Las Vegas event held in February 2020, USA CBD Expo has re-engaged CNW for its future line-up, including the upcoming Chicago conference in December 2020, the Atlanta conference in February 2021 as well as the South American conference – set to take place in Medellin, Colombia in May 2021. IBN was also engaged as the official corporate communications firm for all three events. “We are very proud of the great success we have experienced through our USA CBD Expo events thus far, and are looking forward to marketing our full docket of events with IBN’s cannabis, hemp and CBD brands,” said Nicole Beiner, marketing director at USA CBD Expo, in the press release. “IBN and its brand network have done a stellar job in heightening the awareness of our past events. We look forward to a continued relationship with this outstanding team.”

To view the full press release, visit http://cnw.fm/EOv5T

About USA CBD Expo

The USA CBD Expo has established a well-earned reputation for hosting the largest CBD and hemp-dedicated events in the United States. The company’s expos have been meticulously designed to create a global hub, enabling some of the world’s most significant and pioneering CBD brands and businesses to gather in a single, all-encompassing venue to exchange information and ideas. Participants will be able to experience the largest selection of innovative CBD and hemp products, including offerings in the edibles, tinctures, beverages, topicals, vapes, flower, cosmetics and pet product sectors. Additional information about the USA CBD expo, including registration details, is available at https://usacbdexpo.com.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Increased Brand Presence Across the Midwest

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its flagship brand, Alkaline88(R), will be available in 1-gallon and 1-liter sizes at all 123 Fareway store locations across Illinois, Iowa, Minnesota, Missouri, Nebraska, and South Dakota. “We are excited to announce that our flagship brand, Alkaline88, will be available in all Fareway locations across six states in the Midwest,” said Ricky Wright, president and CEO of The Alkaline Water Company, in the press release. “Our brand presence in the Midwest is growing stronger by the day, especially in the grocery channel. Fareway further extends our market share, and our customers can now find our products in many of the leading grocery chains in the region. Our lifestyle brands are currently in over 70,000 retail locations, and we are targeting an additional 40,000 stores over the next 12 to 18 months across multiple trades. We continue to see growth in our single-serve offerings, including our eco-friendly aluminum bottles and our A88 flavor-infused waters.”

To view the full press release, visit http://cnw.fm/7sjEO

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven unique all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp beverage shots, powder packs, oil tinctures, capsules and gummies. To learn more about the company visit www.A88CBD.com and www.TheAlkalineWaterCo.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://cnw.fm/WTER

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CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Acquires Stake in Licensed California Cannabis Manufacturing, Distributing Operation

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has acquired a stake in Natural Plant Extract of California Inc. (“NPE”). The strategic move places CBGL in a prime position in the multibillion-dollar California cannabis space. The agreement, which closed Aug. 31, 2020, outlined Cannabis Global’s acquisition of 18.8% of NPE’s outstanding capital stock for $2 million. NPE operates a licensed cannabis manufacturing and distribution business operation out of Lynwood, California, and owns a Type 7 California Manufacturing License as well as a California Distribution license. “This is a significant agreement for Cannabis Global, as it provides the company with further penetration into the important California market, which is valued at billions of dollars per year,” said Cannabis Global CEO Arman Tabatabaei in the press release. “We believe we create significant added value for our shareholders and new synergies by combining our managerial talents and technologies with the licenses and marketplace opportunities of NPE. We have aspirations of becoming a major distributor and manufacture of our cannabis products in California. NPE is ahead of most of the competition in the state in terms of permitting, build-out and licensing.”

To view the full press release, visit http://cnw.fm/cTNMJ

About Cannabis Global Inc.

Cannabis Global, formerly known as MCTC Holdings Inc., is a fully audited and reporting company with the U.S. Securities & Exchange Commission. The company is an emerging force in the area of cannabinoid sciences and highly bioavailable hemp- and cannabis-infusion technologies. The company does not engage in the production, distribution or sales of any controlled substances, including marijuana. CBGL has an actively growing portfolio of intellectual property, having filed six patents in the areas of cannabinoid delivery systems and cannabinoid polymeric nanoparticles. The company markets its consumer products under the Hemp You Can Feel brand name. Cannabis Global launched its Project Varin early in 2020, designed to develop new delivery methods for rare cannabinoid tetrahydrocannabivarin (THV-C) and to develop products based on this cannabinoid. For more information about the company, visit www.CannabisGlobalInc.com.

NOTE TO INVESTORS: The latest news and updates relating CBGL are available in the company’s newsroom at http://cnw.fm/CBGL

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CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Announces ‘Extraordinary Resolution,’ Amendments to Debenture Terms

The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF), a Canadian cannabis company committed to identifying new opportunities to grow and strengthen its impressive portfolio, has obtained approval from debentureholders to partially convert and amend debentures. The company announced that holders of its outstanding 6% senior unsecured convertible debentures have approved an “extraordinary resolution” outlining amendments to the terms of the debentures, which were issued in October 2018. In part, those amendments include a reduction of the total principal amount of debentures outstanding from $100 million to $36.5 million; an extension of the maturity date of the debentures from October 19, 2021, to the date that is five years plus one day from the defined closing date, unless repurchased, redeemed or converted prior to maturity; and a reduction of the conversion price of the debentures from $2.45 per share to $0.285 per share.

To view the full press release, visit http://cnw.fm/qYGqc

About Supreme Cannabis Company Inc.

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