Friday, March 24, 2017

Today's Viridian #Cannabis Deal Tracker; Week Ending 3.17.2017

Today's Viridian #Cannabis Deal Tracker; Week Ending 3.17.2017


Viridian Capital Advisors (www.viridianca.com)

March 23, 2017 (Investorideas.com Newswire) Viridian Capital Advisors, LLC reports on its weekly Viridian Activity in the Cannabis Industry for the week ending March 17, 2017.
Summary for the Week Ended March 17, 2017
  • Announcements: 22
    • Capital Raises: 7
    • M&A Transactions: 11
    • Capital Raise & Going-Public Transaction: 1
    • Joint Venture: 1
    • New Cannabis Fund: 1
    • New Stock Listing: 1
  • Year-over-Year:
    • 3 capital raises closed this week for a total of $11.2 million ($3.7 million average) compared to 3 raises closed for a total of $7.3 million ($2.5 million average) this week last year.
    • 4 M&A deals closed this week compared to 6 deals closed this week last year.
  • We have tracked over $400 million in capital raises closed by cannabis companies year-to-date, with the top sectors being:
    • Cultivation & Retail: $169.8 million
    • Biotech/Pharma: $109.8 million
    • Investments/M&A: $40.6 million
  • M&A activity in Investments/M&A sector follows trend of accelerating M&A activity in overall cannabis sector:
    • We tracked an average of 1.4 deals closed per week in the first three quarters of 2016 compared to 3.3 deals closed per week from the start of the fourth quarter of 2016 to date in 2017.
Capital Raises
  • MGC Pharmaceuticals Ltd. (ASX: MXC) raised AUD $10 million to fast-track the commercialization of its growth objectives, including the research and development of pharmaceutical-grade products.
  • The Hydropothecary Corp. raised C$2.5 million in a private placement pursuant to the exercise of a right which a shareholder had to acquire such shares before the completion of a going public transaction.
  • Cannabis marketing platform Baker raised $1.6 million to fund its continued growth.

Mergers & Acquisitions
  • Namaste Technologies, Inc. (CSE: N) acquired Australian Vaporizers PTY Ltd., an Australia-based e-commerce site for vaporizers and other smoking accessories.
  • American Housing Income Trust, Inc. (OTCQB: AHIT) acquired IX Biotechnology, Inc., a producer of cannabidiol (CBD) oil, as its foray into the cannabis industry.
  • Grow Condos, Inc. (OTCQB: GRWC) acquired Lake Selmac Resort & RV Park, an RV park and campground located in Selma, Oregon.
  • The Canadian Bioceutical Corp. (CSE: BCC) acquired various assets related to the medical cannabis industry from PerkAZ Property LLC, an Arizona-registered company active in the cannabis space.

Summary of Year-to-Date (YTD) Transactions
Capital Raises
  • We have tracked 74 capital raises totaling $401.0 million.
  • Public versus Private:
    • Public companies: 54 raises totaling $377.9 million
    • Private companies: 20 raises totaling $23.1 million
  • Equity versus Debt:
    • Equity: 58 raises totaling $373.0 million
    • Debt: 16 raises totaling $28.0 million

Mergers & Acquisitions
  • We have tracked 35 M&A transactions.
    • 31 deals by public companies
    • 4 deals by private companies
  • M&A activity in Agriculture Technology sector points to continued development and implementation of more advanced growing technologies as cultivators seek to maximize efficiency and to lower costs amid pricing pressure.
  • Activity in Investments/M&A sector follows trend of accelerating M&A activity in cannabis sector
    • Average of 1.4 deals closed per week in first three quarters of 2016 compared to 3.3 deals closed per week from the start of the fourth quarter of 2016 to date in 2017.

Transactions by Sector for Week Ended March 10, 2017
Capital Raises

Agriculture Technology
GrowGeneration Secures $1,650,000 in Capital from Merida Capital Partners to Continue to Fuel Growth

Biotech/Pharma
Vitality Biopharma, Inc. Enters into Securities Purchase Agreement

MGC Pharmaceuticals Closes Oversubscribed AUD $10M Placement

Cultivation & Retail
THC Announces C$10,000,000 Capital Commitment

Maple Leaf Seeks New C$6M Financing and Terminates Previous Offering

Software/Media
Cannabis Marketing Platform, Baker, Gets $1.6M in Added Funding

Metatron $1,000,000 Reg A Capital Raise to fund Cannabis & Vaporize, a Secure Chat App

Mergers & Acquisitions

Consulting Services
BCC Completes Acquisition of New Cannabis Assets

Consumption Devices
Namaste Closes Acquisition of Australian Vaporizers

Cultivation & Retail
Matica Announces Letter of Intent to Acquire a 70% Interest in a Review Stage Marijuana Producer Applicant

CaliPharms and Pacific Cannabis Growers Execute Acquisition Term Sheet

Infused Products & Extracts
Laguna Blends to Acquire 100% Stake in a Global Cannabis Leader with Unaudited Annualized Sales of Approximately $12,000,000 USD

Laguna Blends Clarifies Previous Disclosure to Acquire 100% Stake in a Global Cannabis Leader

American Housing Income Trust Announces Acquisition Of Cannabidol (CBD) Company IX Biotechnology

Golden Leaf Signs Binding Letter of Intent for Strategic Acquisition in Canada*

Investments/M&A
Invictus MD Announces Completion of its Commitment to Acquire 33.33% of Licensed Producer AB Laboratories Inc.

Miscellaneous Ancillary
CB Scientific (CBSC) Purchases Marutronics LLC, Inventor of Medical Cannabis Delivery Device -- CB Scientific to Manufacture Proprietary Thermo-Responsive Cannabinoid Delivery Device for Global Delivery

Real Estate
Grow Condos, Inc., Closes Acquisition Lake Selmac Resort & RV Park

Capital Raise and Going-Public Transaction

Cultivation & Retail
The Hydropothecary Corporation Announces Closing of Qualifying Transaction

Joint Venture

Infused Products & Extracts
Village Tea Company Announces Partnership with Green Roads Wellness

New Cannabis Fund

Investments/M&A
Green Leaf Investment Fund to Launch $10.2 Million Regulation A+ Cannabis Real Estate Offering Through CrowdVest’s Platform

New Stock Listing

Agriculture Technology
The Hydroponics Company to List on ASX
To Learn More About the Viridian CANNABIS DEAL TRACKER Contact:
Harrison Phillips
Viridian Capital Advisors, LLC
(212) 485-0284
hphillips@viridianca.com
* Viridian Capital Advisors and its affiliates, as well as their respective partners, directors, shareholders, and employees may have a position in the securities mentioned herein and may make purchases and/or sales from time to time. Viridian Capital Advisors, may act, or may have acted in the past, as a financial advisor, fiscal agent, or underwriter for certain of the companies mentioned herein and may receive, or may have received, a remuneration for their services from those companies.
About the Viridian CANNABIS DEAL TRACKER
The Viridian CANNABIS DEAL TRACKER monitors capital raise, mergers & acquisition, joint venture, and licensing activity for both public and private companies in the legal cannabis industry across 12 key sectors, including Agriculture Technology, Biotech/Pharma, Consulting Services, Consumption Devices, Cultivation & Retail, Hemp, Investments/M&A (Holding Companies), Infused Products & Extracts, Miscellaneous Ancillary, Physical Security, Real Estate, and Software/Media.
Leveraging more than 3 years of data that's been collected, segmented, and analyzed, the CANNABIS DEAL TRACKER supports smart decision-making by providing sector-specific actionable intelligence and trend analysis in regard to issuers, investors, acquirers, valuations, deal structures, and deal terms.
The above information whether in part or in its entirety neither constitutes an offer nor makes any recommendation to buy or sell any securities.
About Viridian Capital Advisors, LLC
Viridian Capital Advisors (www.viridianca.com) is a financial and strategic advisory firm dedicated to the cannabis market. We provide market intelligence, investment banking, investor relations, and corporate development services to emerging growth companies and qualified investors in the cannabis sector. Our banking practice, through broker-dealer Pickwick Capital Partners, provides capital and M&A to fund the growth of our clients, while our advisory practice helps to position and build their businesses. Our team’s decades of high level operating and transactional experience on Wall Street in a variety of emerging sectors, allows Viridian to provide comprehensive strategic and financial solutions that assist cannabis enterprises in realizing their full potential.

Marijuana / Hemp Stocks

Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory

Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing

More Info:

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Investorideas.com Adds Podcasts to Content in Mining, Entertainment, Tech, Real Estate and Cannabis




Investorideas.com Adds Podcasts to Content in Mining, Entertainment, Tech, Real Estate and Cannabis

Learn about investing and sector trends from leading experts and CEO's


Point Roberts, WA, Delta BC – March 24, 2017 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces it has reintroduced its Podcast series for 2017 with interviews featuring experts and CEO’s in mining, tech, entertainment, real estate and cannabis investing.

Visit the Podcast page: http://www.investorideas.com/Audio/

Current podcasts include: Luxury real estate broker Joyce Rey talks about Beverly Hills, tech & celebrity buyers;  CEO of SilverCrest Metals (TSXV: SIL.V) Talks about Las Chispas Property in Mexico; CTO of Gopher Protocol (OTC: GOPH) Talks about Guardian Pet Tracker;
Wine Down Wednesday at Investorideas.com – conversations with RI Businessman & Movie Producer, Chad A Verdi; Investorideas.com talks metals and mining with David Stein of Aerecura Capital Corp; Mike Remedios, CTO of WorldVentures Talks to Investorideas.com about the flye smart card, (NASDAQ: $NXTD); and Investorideas.com talks to CEO of Cannabis Mutual Fund in the US.

Subscribe to Podcast RSS:


About Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, company profiles, interviews and more in leading sectors.  

Sectors we cover include tech, bitcoin and blockchain, biotech, mining, energy, renewable energy, water stocks, marijuana and hemp stocks, food and beverage (including organic and LOHAS, wine), defense and security (including biometrics), Latin America, sports, entertainment, luxury brands and gaming.

The Investorideas.com content portfolio goes beyond the www.investorideas.com site to include 12 blogs on Blogger.com, 7 Artificial Intelligence (AI) websites on the Grid and the Waternewswire.com, all featuring Investorideas.com news and content.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Investor Ideas Directories for global investors:
From water stocks to gold and mining stocks, renewable energy, nanotech, defense, technology, biotech and more – use our stock directories and access them online 24/7 with login as a member to find your next big idea!

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Investorideas.com CSE service provider directory listing: http://thecse.com/en/services/services-for-listed-companies


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: NXTD , SIL.V  and GOPH are paid news and OR clients on Investorideas.com – more details http://www.investorideas.com/About/News/Clientspecifics.asp 

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Contact Investorideas.com

800-665-0411












This Week’s Cannabis / Hemp Stocks Added ; $CBSC, $CGRA, $HVST, $SAGD

This Week’s Cannabis / Hemp Stocks Added ; $CBSC, $CGRA, $HVST, $SAGD




Point Roberts, WA, Delta BC – March 24, 2017 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces this week’s additions to its cannabis /hemp stock directory for investors following the sector.

Investorideas.com tracks companies in high profile trading sectors and makes ongoing additions to its stock directories for each sector.  Listing for the stock directories include companies on the TSX, OTC, NYSE, NASDAQ and global stock exchanges.

New additions to the cannabis stock list include a life sciences company developing new technologies specifically for cannabis (hemp) analytics, a mining company planning on transitioning it’s Washington State site into a marijuana growth and processing facility and two social media companies -  one with the soon be released cannabis social network, "PotCircles";  and another using a mobile gaming, digital and social media, e-commerce sales and education platform to connect mainstream advertisers to pro-legalization supporters of medical and therapeutic cannabis.

Investorideas.com cannabis/marijuana and hemp content now includes: http://cannabisstocknews.blogspot.com on Blogger.com: the Investorideas.com news and stock directory pages, a cannabis investor group on Linkedin.com , the 420 Cannabis Investor ideas www.420cannabisinvestorideas.com, and the new AI site  Global Cannabis Investing at www.Globalcannabisinvesting.com

Investorideas.com and its cannabis related sites recently launched a campaign to find and create the 420 Cannabis Investor Ideas of 2017, a go- to resource for investors following the sector. See recent additions to the directory at www.420cannabisinvestorideas.com





New Marijuana Companies Added to the Investor cannabis stock directory:

CB Scientific (OTC:CBSC) through its subsidiaries, designs, develops and manufactures Life Science Analytical Tools and Devices, Medical Delivery Systems, laboratory services, personal analytical kits and devices and CBD hemp oil and nutraceutical formulations for growers, care takers, dispensaries and companies worldwide. CB Scientific is continuing to develop new technologies specifically for cannabis (hemp) analytics. CB Scientific believes every product sold to patients as "Medical Quality" should be inspected for health benefits, safety, consistency, purity, potency and packaged properly for distribution. CB Scientific has worked with many of the cannabis industry leaders in the country and have also been featured in cannabis industry publications including High Times Magazine, Culture and many trade publications, on-air interviews and panel discussions across the United States. CB Scientific's focus has been the education and safety of consumers combined with innovation to put power into the hands of the patients.

Cgrowth Capital Inc (OTC:CGRA) continues to serve as an alternative asset management company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and dolomite to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations. Through wholly owned subsidiaries, the Company has begun to strategically leverage real estate assets for maximum value within newly developing industries currently underway in Washington State. On April 5, 2016 CGrowth Capital, Inc. received a Determination of Non-Significance (“DNS”) from Stevens County regarding the Company’s application to allow its Eastern Washington industrial facility to transition from a mineral processing site to one that can grow and process cannabis. The effect of the DNS clears the way for the Company to proceed with its plans to lease portions or all of its 47-acre site to company’s legally producing and/or processing cannabis and its byproducts in the state of Washington.

First Harvest Corp (OTC:HVST) is a platform for tech, media and gaming with a focus on the cannabis industry and emerging growth sectors. This platform spans mobile gaming, digital and social media, e-commerce sales and education.  First Harvest's platform connects mainstream advertisers to pro-legalization supporters of medical and therapeutic cannabis.

South American Gold Corp. (OTC: SAGD) had previously been focused on supplying goods and services to the cultivators (farmers) in the emerging cannabis market in the country of Uruguay. Under our new leadership the company has moved from tools and supplies to the cultivators in Uruguay, on to a whole new realm of the cannabis industry. Our company is now focused on the LIFESTYLE of the cannabis industry through our soon to be released cannabis social network, "PotCircles"; which is our first step towards our new company strategy.

Investorideas.com global stock directories are part of the membership program on the site, accessed either by login and password or available in PDF format.  The directories include stocks trading on the TSX, OTC, NASDAQ, NYSE and other recognized global stock exchanges, giving retail investors a wide variety of stocks to review. http://www.investorideas.com/membership/

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Ideas
Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, company profiles, interviews and more in leading sectors.  

Sectors we cover include tech, bitcoin and blockchain, biotech, mining, energy, renewable energy, water stocks, marijuana and hemp stocks, food and beverage (including organic and LOHAS, wine), defense and security (including biometrics), Latin America, sports, entertainment, luxury brands and gaming.

The Investorideas.com content portfolio goes beyond the www.investorideas.com site to include 12 blogs on Blogger.com, 7 Artificial Intelligence (AI) websites on the Grid and the Waternewswire.com, all featuring Investorideas.com news and content.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

JOIN Investor Ideas

Services for Publicly traded companies: http://www.investorideas.com/Investors/Services.asp

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution,social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.

Contact Investorideas.com
800-665-0411


Marijuana / Hemp Stocks

Like Marijuana / Hemp Stocks? View our Marijuana / Hemp Stocks Directory
Global Cannabis Investing - features Investor Ideas Cannabis news














Thursday, March 23, 2017

Arcview Group: Even if Trump Cracks Down, Legal #Marijuana Industry's 27% Annual Growth Rate Through 2021 Remains Unchanged; Projected to Rise from $6.7B to $22.6B

Arcview Group: Even if Trump Cracks Down, Legal #Marijuana Industry's 27% Annual Growth Rate Through 2021 Remains Unchanged; Projected to Rise from $6.7B to $22.6B
Report includes unprecedented new data on product purchase trends in OR, WA, and CO that show an explosion in the number of brands and products


Oakland, CA - March 23, 2017 (Investorideas.com Newswire) Today, Arcview Market Research, the leading publisher of cannabis market research, released the full 200+ page 5th edition of The State of Legal Marijuana Markets which projects that the state-legal cannabis markets will continue to grow at a 27 percent CAGR through 2021, despite conflicting signals from the Trump administration. The report is the industry's most robust ever released with market projections that rely on a proprietary bottom-up point of sale foundation with millions of individual consumer transactions from dispensary partners in the largest legal cannabis markets across the country created by Arcview's data partner, BDS Analytics.
The report details how the two biggest drivers of growth are the passage and subsequent implementation of new adult-use laws and growth of branded product subcategories, such as vape cartridges, edibles, and other alternative consumption methods.
"While the uncertainty created by the mixed signals coming out of the Administration may cause a temporary dip in some valuations of cannabis companies and some more risk-averse institutional investors and multinational companies may continue to stay on the sidelines, it won't impact the growth of the market much at all," said Troy Dayton, CEO of Arcview Market Research. "No matter what the administration does, states will continue to issue cannabis licenses to a long line of applicants and licensed cannabis outlets will continue to have long lines of consumers ready to purchase this product from regulated establishments."
Additional findings from the report include:
  • Legal consumer spending across North America grew 34 percent to $6.7 billion and can be expected to grow at a 27 percent compound annual growth rate (CAGR) over the next five years, from $6.7 billion in 2016 to $22.6 billion in 2021;
  • North Americans spent $56.1 billion on legal and illicit cannabis products in 2016, about half of the $105 billion they spent on beer. But only $6.7 billion of that was spent legally and 87 percent of that came from just five states and Canada;
  • Growth in legal cannabis sales has already eroded the illicit market. This erosion will greatly accelerate in 2018 with the arrival of legalized adult-use programs in North America's two biggest markets, California and Canada. Meanwhile, the 20 states without legal cannabis programs contributed nothing to the accelerating erosion of the illicit market;
  • Voters in Florida, Arkansas, Montana, and North Dakota passed medical cannabis initiatives. This means that 63 percent of Americans can legally obtain cannabis with a doctor's recommendation;
  • Voters in California, Massachusetts, Nevada, and Maine passed adult-use measures. This more than tripled the portion of Americans that will be able to purchase cannabis without a doctor's recommendation in their home state to 21 percent;
  • Adult-use spending will surpass medical spending for the first time in 2019. By 2021, $14.9 billion (66 percent of total revenue) will be generated through adult-use programs and $7.7 billion (34 percent) through medical use;
  • Compound annual growth rates above 50 percent since adult-use legalization in Colorado and Washington drew significant new segments of the investment community into the legal cannabis industry in 2016, driving triple-digit gains in public stocks and double-digit gains in capital raised by operating companies and a growing group of cannabis-focused investment funds;
  • Pre-rolled product growth sales went up 63 percent in CO, 318 percent in WA and 236 percent in OR; the growth of concentrates and edible products (including in pill form) were similarly well-above the growth of flower in all three states
  • In the relatively mature Colorado market, there are now hundreds of branded products on shelves. The top five brands accounted for nearly half of all edible sales, the top 10 brands for more than two-thirds, and the top 20 for almost 90 percent; Sales of dried cannabis flower still accounted for more than half of all cannabis product sales in 2016 in Colorado, Oregon, and Washington.
    • Volume of flower sold continued to grow at a rapid pace throughout 2015 and 2016, while average retail price per gram has declined steadily.
The report also includes 30 in-depth state profiles.
"The explosion in the number of brands and products is dizzying," said Arcview Editor-in-Chief Tom Adams. "When the #1 concentrate brand in CO grows 84 percent but its market share percentage remains constant it becomes clear we are in a remarkable business boom. It reminds me of 1998, when Google was just one of dozens of search engines, or 1988 when Blockbuster was just one of dozens of video store chains; future market leaders are just now being launched."
The executive summary for the 5th edition of the State of Legal Marijuana Markets is available for free and the full digital and hardbound report is available for purchase for $597 at www.ArcviewMarketResearch.com.


About The Arcview Group:
Founded in 2010, The Arcview Group is responsible for a number of groundbreaking ventures in the cannabis industry. Arcview Market Research is the first and most oft-cited publisher of market research on the cannabis industry. The Arcview Investor Network includes 625+ dues-paying accredited investors who have put more than $106 million behind 139 companies. Arcview is a partner in Canopy, a seed-stage mentor-driven business accelerator. Arcview is also co-founder of Cannasure Insurance Services, the leading provider of business insurance to the cannabis industry. Arcview's upcoming Investor Forum for high net worth accredited investors will take place May 1-3, 2017 in Austin, TX. For more information on the event and Arcview Investor Network, please click here. Prior authorization for press access is required.
For more information or media inquiries, please visit www.arcviewgroup.com.
About BDS Analytics:
BDS Analytics helps cannabis industry executives make quality decisions based on the best data by capturing millions of transactions from dispensary point-of-sale systems and then mining that data for the most actionable insights. For more information please visit http://www.bdsanalytics.com/.
Media Contact:
Alex Howe
202.271.7997
alex@powerplantstrategies.com


Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory
Global Cannabis Investing - features Investor Ideas Cannabis news



Watch the 420 Cannabis Investor video


More Info:

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Wednesday, March 22, 2017

#Cannabis Stock News: Golden Leaf (CSE: GLH) (OTCQB: GLDFF), Signs Binding Letter of Agreement to Acquire Leading Oregon Cannabis Business

#Cannabis Stock News: Golden Leaf (CSE: GLH) (OTCQB: GLDFF), Signs Binding Letter of Agreement to Acquire Leading Oregon Cannabis Business

Canaccord Genuity Toronto to Lead Capital Raise to Fund Acquisition Strategy


TORONTO, ON - March 22, 2017 (Investorideas.com Newswire) Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE: GLH) (OTCQB: GLDFF), a leading cannabis oil solutions company built around recognized brands, is pleased to announce that the Company has signed a binding Letter of Agreement (LOA) to acquire Chalice LLC ("Chalice Farms") (https://chalicefarms.com/), a leading vertically integrated cannabis company in Oregon (the "Transaction").
In conjunction with the Transaction, the Company has entered into an engagement agreement with Canaccord Genuity Corp. ("Canaccord" or the "Agent") with respect to a best efforts brokered private placement of subscription receipts (the "Subscription Receipts") for anticipated gross proceeds of up to approximately $35 million (the "Offering"). The net proceeds from the Offering are to be used to satisfy the cash component of the purchase price for the Chalice Farms Transaction, as well as to fund the Company's recently announced acquisitions and for existing operations. The Subscription Receipts will be priced in the context of the market.
Strategic Fit for Golden Leaf
Chalice Farms is a leading vertically integrated cannabis business in Oregon, involved with the cultivation, extraction, refinement, marketing and sales of cannabis flower, edibles and oils. Chalice Farms has developed a branded portfolio of cannabis products that have generated significant market penetration and brand equity within the Oregon market.
In addition, Chalice Farms operates a chain of four branded retail dispensary stores in Oregon and was recently dubbed "Cannabis Store of the Year" at the 2017 Dope Magazine Industry Awards in Oregon.
The Company expects the Chalice Farms Transaction to provide several key strategic benefits to GLH, including:
  • Brand Expansion and Distribution
    • Leverages Chalice Farms footprint to increase GLH branded product sales
    • Chalice Farms branded products strengthen and broaden GLH's brand portfolio
  • Leading Retail Dispensary Chain
    • Provides GLH with a market leading dispensary position in Oregon
    • Establishes a consolidation platform for expansion within Oregon, Washington, the remainder of the U.S. and Canada
  • Synergy Opportunity
    • Integration of the two companies allows for increased revenues with reduced costs because of synergistic efficiencies
Don Robinson, CEO of GLH, commented, "We are proud to engage with Cananccord Genuity, the leading investment bank in the cannabis marketplace, to help fund our acquisition strategy. Like the other proposed acquisitions we have recently announced, the acquisition of Chalice Farms brings real strategic and financial value to GLH and our shareholders."
The Transaction
Pursuant to the Transaction, Chalice Farms will receive from GLH, (i) US$15.05 million in cash; and (ii) common shares of GLH having a value of three times Chalice Farms' annualized Q1 2017 gross sales revenue, less US$6.05 million, of which US$4.2 million of common shares will be sold to a third party for cash consideration to Chalice Farms at closing. In addition, Chalice Farms will also receive an amount equal to 1.25 times its audited gross sales revenue for the year-ended December 31, 2017 payable in cash or common shares of GLH, subject to an obligation to pay in cash in certain circumstances.
The Transaction is subject to certain conditions, including CSE and regulatory approval.
Golden Leaf's Competitive Strategy
The attached chart illustrates the Company's strategy to build a market leader in branded cannabis products that is backed by real science and a commitment to lowest cost manufacturing.
While GLH is currently executing this strategy on an organic basis, the Company and its board of directors believes that it can accelerate growth and market positioning through a strategic, targeted acquisition strategy. Among the acquisition targets that the Company will focus on are existing production/processing/distribution licenses in other states, proprietary oil extraction technologies, and existing leading brands. The strategic acquisition program is intended to drive financial and shareholder value by seeking acquisitions that build GLH's brand portfolio, expand its regional presence and/or add technology and intellectual property.
About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon, built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.
Disclaimer: This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Transaction, the anticipated gross proceeds of the Offering, the use of proceeds from the Offering, the Company's future business operations and acquisition targets, expectations of the benefits and value to GLH and its shareholders of the Transaction and other acquisitions that have been recently announced, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the Company's participation in the Adult Use market, market risks, risks inherent in manufacturing operations, other general risks of the cannabis industry as well as those risk factors disclosed elsewhere in the Company's public disclosure. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. Forward-looking information is provided herein for the purpose of presenting information about management's current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
For further information, please contact:
Investor Relations - U.S.A.
Harrison Phillips
Viridian Capital Advisors, LLC
212-209-3086
hphillips@viridianca.com
Investor Relations - Canada
Paul Searle
Golden Leaf Holdings Ltd.
psearle@goldenleafholdings.com
Eugene Hill
Chief Financial Officer
Golden Leaf Holdings Ltd.
ghill@goldenxtrx.com

Like Marijuana Stocks? View our Marijuana / Hemp Stocks Directory

Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing

Global Cannabis Investing - features Investor Ideas Cannabis news

Get News Alerts on Marijuana Stocks



Watch the 420 Cannabis Investor video
 
More Info:
Investorideas.com Newswire
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.