• Spectrum Global Solutions is a full-service engineering, construction, installation, maintenance and professional services firm
• The company engineers, upgrades, installs and maintains telecommunication networks and infrastructure
• Spectrum recently reduced its debt and strengthened its balance sheet

Spectrum Global Solutions Inc. (OTCQB: SGSI) is a single-source provider of end-to-end, next-generation wireless and wireline network infrastructure and professional service solutions. The company provides these solutions to carriers, aggregators, utilities, enterprises, project management organizations (“PMOs”) and original equipment manufacturers (“OEMs”) through diverse subsidiaries. Spectrum Global Solutions is headquartered in Longwood, Florida. The company recently announced that an equity investment by WaveTech Global has allowed the company to reduce an outstanding debt incurred through a previous acquisition (http://ibn.fm/lRn61).

The company has completed manifold project activities on wireless, DAS, wireline and fiber networks throughout the U.S., employing licensed professional engineers, project managers, technicians and general contractors (http://ibn.fm/QSRwQ). It is one of the few nationwide, full-service engineering, construction, installation, maintenance and professional services firms.

Spectrum Global Solutions provides its solutions to service provider (carrier) and corporate enterprise markets throughout the U.S., Canada, Puerto Rico, Guam and the Caribbean. The company provides complete outsourced services and solutions for the distribution and maintenance of next generation and legacy wireless and wireline telecommunication networks and infrastructure. Spectrum engineers, upgrades, installs and supports these networks.

Its subsidiaries include ADEX Corporation and ADEX Puerto Rico LLC, which provide professional services and solutions. Subsidiaries also include AW Solutions Inc. and AW Solutions Puerto Rico, which provide telecommunications and engineering services. Furthermore, subsidiaries include TNS Inc. (telecommunications structured cabling) and Tropical Communications Inc. (utilities) (http://ibn.fm/GmJfA). Via these subsidiaries, Spectrum’s services range in scope from a single activity to multi-year, multi-region large scale turnkey development contracts (http://ibn.fm/P6nHD).

Spectrum Global Solutions is professionally registered in 49 states, three U.S. territories (Puerto Rico, U.S. Virgin Islands and Guam) and six Canadian provinces. In addition, it has worldwide experience in Asia and Central and South America (http://ibn.fm/R1LJf). The company has a proven record of accomplishment with top-tier Fortune 1,000 companies globally.

Spectrum Global Solutions has a tactical acquisition strategy that is focused on organic market opportunities, which provide the potential to extend provider targets, grow margins, cultivate new industry partnerships, expand service footprints and use subsidiary and customers bases to execute coordinated cross-selling initiatives (http://ibn.fm/Nv0eb). Fundamentally, Spectrum pursues near-term synergistic acquisition opportunities that can foster growth.

Recently, Spectrum Global Solutions announced that it was able to use an equity investment received in association with the earlier reported merger with WaveTech Global of roughly $1.1 million to satisfy debt owed to Libertas Funding LLC, which was incurred in connection with Spectrum’s acquisition of TNS. WaveTech Global is an international next generation energy and network monitoring services management company. In a news release, Roger Ponder, chief executive officer of Spectrum Global Solutions, stated, “Our ability to satisfy the Libertas debt within 30 calendar days saved the Company thousands of dollars and freed up additional cash that was being used for amortization payments.”

Serving customers for 34 years and with 150,000 projects completed to date, Spectrum Global Solutions continues to advance next generation telecommunications technology. Its focus on providing comprehensive services encompassing all facets of fiber networks and infrastructure make it a compelling investment choice. The company remains centered on its vision of becoming the world-class industry leader by which all others are measured.

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

• Supreme Cannabis’ financial and operational report speaks to the company’s ability to strategically maneuver the cannabis industry while maintaining high revenues
• The company’s wholly owned subsidiary, 7ACRES, was named ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards
• Supreme Cannabis expects to reach full production capacity in 2019, in large part due to 7ACRES’ 440,000-square-foot facility in Ontario

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), an established contender in Canada’s cannabis industry, recently released its 2019 financial and operational results for the period ended December 31, 2018. The report portrayed the company’s vitality, profitability and shrewdness.

Supreme Cannabis’ wholly owned licensed producer subsidiary, 7ACRES, had a noteworthy quarter. During the quarter, Supreme Cannabis made its first shipments of 7ACRES-branded high-end cannabis to six of Canada’s provincially regulated adult-use channels. Additionally, the company’s 7ACRES brand was named ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards (http://ibn.fm/g0wpY).

As of early February 2019, 7ACRES has operated a 440,000-square-foot facility in Ontario. Supreme Cannabis sees this as a precursor to fervent growth in the upcoming year, predicting an increase in its annual production target. Estimates point toward the company’s ability to reach full production capacity, which would mark an increase from its current 17,500 kg to 50,000 kg.

The Q2 report also detailed Supreme Cannabis’ profitability. The company recorded a 359 percent increase in revenue from Q2 2018 ($1.68 million) to Q2 2019 ($7.72 million). The company has also been making moves to stay competitive within the cannabis oil products market, an industry which has been dubbed the next “gold rush” since the 2018 United States Farm Bill removed hemp from the list of controlled substances (http://ibn.fm/73VEk). Demand for hemp-derived CBD products continues to grow worldwide and is estimated to become a $22 billion industry by 2022. Staying ahead of the curve, Supreme Cannabis contracted Medipharm Labs Co. to help coordinate the launch of the company’s cannabis oil product line.

Moreover, Supreme Cannabis entered into an exclusive consulting services agreement with Khalifa Kush Enterprises LLC (“KKE”) with the goal of developing and launching a line of premium cannabis products. This product line (http://ibn.fm/pUK1x) is expected to include “pre-rolls, extracts, capsules, and cannabis oils to be sold by Supreme Cannabis under the KKE brand.”

Wiz Khalifa, principal of KKE, spoke highly of Supreme Cannabis in a news release, stating, “My team and I have spent the last year finding a partner that shares our vision, values, and passion for cannabis. The team at Supreme Cannabis understands the importance of high quality cannabis and how to produce [it] at scale.”

Thanks to its strategic partnerships and continued focus on award-winning brand quality, Supreme Cannabis is set to remain a fierce competitor in the cannabis industry.

For more information, visit the company’s website at www.Supreme.ca

• The 1980s gave birth to the notion that opioids could be widely prescribed as non-addictive and quality-of-life enhancing drugs
• Therma Bright is testing its trademarked infrared heat therapy with cannabidiol to combat general and chronic pain
• The company is also making strides in testing a way to combat mosquito-borne viruses

Media attention to the so-called “opioid crisis” has sparked a new confluence of research and policy as medical professionals reevaluate existing prescriber practices for pain medications, advocates drive social change in drug use perspectives and politicians ponder best legislative practices for a wide variety of constituents. As non-addictive cannabidiol (“CBD”) has gained a significant following because of its reputed pain and spasm therapeutic capabilities, companies such as medical device innovator Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) are finding a ready market for their products.

Therma Bright is making a name for itself by targeting a variety of topical pain and injury concerns, using thermic heat-generating infrared light products to target troublesome cells and boost the skin’s defenses. The company’s trademarked TherOZap technology is currently being tested as a means of fighting the mosquito-borne Zika virus.

Therma Bright is also preparing to test its thermal technologies in concert with the non-addictive cannabidiol hemp-derivative in search of a response to general or chronic pain, such as back pain, arthritic pain and other orthopedic concerns (http://ibn.fm/FetLz). The company announced that it had developed its first prototype in December and that it aims to develop a pain therapy that will use creams, gels or salves.

Concerns about pain medicine and the growing number of opioid addictions and related deaths have largely been the driver behind the expanding popularity of cannabis — or medical marijuana — legalization during the past few years (http://ibn.fm/oXWQB).

A professional response to pain issues was established as a medical field in the 1960s and, in the 1980s, sparked a societal phenomenon when several prominent pain specialists suggested that opioid use resulted in a “low incidence of addictive behavior” and began encouraging increased use of the drugs to provide a general better quality of life to anyone, according to the Canadian Medical Association Journal (http://ibn.fm/l6LEj).

“We are in this culture now where too many people see drugs as the answer not only to pain, but to improving their lives,” Marcia Meldrum, an associate researcher in the department of psychiatry and biobehavioral sciences at the University of California, Los Angeles, told the Journal. “Pain can make it impossible to live your life. You lose so much quality of life. So for many people, if the solution also means they may become somewhat dependent on a drug, they probably think, ‘Well, that would be better than this.’”

Therma Bright’s efforts to develop a non-addictive pain reliever for common maladies using its natural therapy technology is also an effort to solve the social crisis surrounding the addictive opioids.

The company got its start in the field of using infrared light to tackle skin problems by delivering controlled, non-burning heat to cold sore-afflicted areas. Its InterceptCS product was developed to kill cells infected with the herpes simplex Type 1 virus well over a decade ago (http://ibn.fm/x0sXy).*

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

* Based on double blind placebo study the InterceptCS is approved for the claim “For prevention of cold sores when used within 3 hours of the onset of the prodrome” by Health Canada. The InterceptCS is not approved by the United States FDA for any claim of clinical indication, clinical efficacy and/or cure or prevention of disease.

• Company’s expanding portfolio includes new cultivation ventures with Southern California partnership and six-acre Northern California NUGS Farm
• Cannabis industry revenues expected to reach $80 billion in a decade as a result of current elevated interest among adults
• Cannabis Strategic Ventures has filed application to uplist to the OTCQB Venture Market as part of its 2019 growth strategy

Los Angeles-based Cannabis Strategic Ventures Inc. (OTC: NUGS) is preparing to launch a canopy cultivation site in Northern California to sustain its brand and build options for its subsidiaries as it seeks to trade on the OTCQB Venture Market.

The company began the new year with an application for uplisting to the Venture Market and followed that with the announcement that it will partner with a Santa Barbara County cultivation operation that holds about 40 commercial cannabis licenses in Southern California. On January 30, Cannabis Strategic Ventures revealed that it will add the six-acre Northern California site after having obtained over 20 licenses for cannabis manufacturing, distribution and cultivation (http://ibn.fm/Nt34d).

“Establishing The NUGS Farm and securing these licenses are significant milestones for Cannabis Strategic Ventures. We are proud of what we have accomplished at this stage of the company,” CEO Simon Yu stated in a news release. “As the cannabis industry expands, and as we work to make cannabis legal on a federal level, Cannabis Strategic Ventures will be in position to touch on all areas of cannabis production.”

Cannabis Strategic Ventures first announced in October that it would begin acquiring properties to augment its operations with cultivation facilities (http://ibn.fm/9XTtC), adding that the new focus for the company would allow it to significantly expand its revenue base and establish a strong path for continued financial growth.

Cowen market analyst Vivien Azer increased her forecast for the U.S. cannabis market last month, predicting that sales could reach $80 billion by 2030 if the drug receives fully legal status at the federal level.

“Our increased confidence reflects the bigger than expected increases that we continue to see for reported cannabis incidence among adults,” Azer wrote in a note (http://ibn.fm/i2uni).

Cannabis Strategic Ventures has made its name by outsourcing personnel solutions that are tailor-made for cannabis cultivators, manufacturers and dispensaries while also seeking investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations and branded products within the cannabis space, developing a selective portfolio that matches its vision.

One of its subsidiaries, Pure Applied Sciences Inc., has developed the brand “PureOrganix” for the high quality concentrate, organic and pure cannabis oils space. The brand conforms to current Good Manufacturing Practices (“cGMP”) and meets FDA guidelines for Active Pharmaceuticals Ingredients (“API”), according to the company. The company’s portfolio also features a collection of niche brands like Halo Filters, The Asher House Wellness, Fitamins and LYXR.

The company’s investment strategy welcomes startups, as well as growth stage businesses, with Cannabis Strategic Ventures providing the capital, know-how and networking opportunities for the brands’ success.

“We have many new initiatives planned in 2019 and we are managing our business operations for growth,” Yu stated after announcing the OTCQB application.

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

• KNR records 35 percent growth, is on track for positive cash flow
• Company aims to be an industry leader in providing energy efficiency
• KNR CEO says that the company is in the due diligence stages for multiple acquisitions

Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8) is positioning itself to meet its strategic goals for 2019. Those goals include two additional accretive acquisitions, growing its recurring software as a service (“SaaS”) organic volume and becoming cash-flow positive (http://ibn.fm/ilosH).

The company reported sales of $6.6 million for the nine months ended September 30, 2018 – a 35 percent jump from $4.9 million during the same period of the prior year.

In a news release, Paul Ghezzi, CEO of KNR, stated, “In 2019 we anticipate being cash-flow positive based on our current run rate of $16 million in revenue. We have delivered robust growth while maintaining a very tight share structure with approximately 28 million shares outstanding.”

KNR announced that it is in various stages of due diligence in respect to multiple accretive acquisitions. Ghezzi said that the company will be focused on completing those transactions. Last fall, KNR acquired CEM Specialties Inc. and subsequently received two orders totaling more than $2 million. The company’s investor presentation notes that KNR has already completed six acquisitions to date (http://ibn.fm/riyfO).

KNR is an Ontario, Canada-based innovator in the energy efficiency sector, offering clients market-based energy solutions to reduce energy costs and cut greenhouse gas (“GHG”) emissions. The company achieves this by applying disruptive and integrated technologies.

KNR has identified an organic growth target of 40 percent per annum, driven by IoT, cloud and SaaS technologies that reduce energy costs. KNR’s SaaS sales model provides strong organic growth for the company by offering customers enhanced energy management, analytics and data in real time.

Ghezzi added, “As the broader market becomes more aware of our ability to scale our recurring revenues and our overall growth rates, we believe our shareholders will be rewarded.”

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

• Acquisition of Goodfellas Group LLC includes innovative, user-friendly cannabis package “Simple Kit” to help first-time users achieve a positive experience
• Company is creating a distribution network throughout California to serve the state’s $8.6 billion cannabis industry
• Recently closed an IPO funding share sale to bring in aggregate gross proceeds of C$2.2 million
• U.S. legal cannabis industry projected to reach $23.4 billion in consumer spending in 2022, growing at a 22 percent CAGR from 2017-2022

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), which specializes in supporting clients involved in nearly every aspect of the cannabis-related eco-system, is adding another strategic layer to its growing portfolio. The company’s acquisition of Goodfellas Group LLC, a full-service advertising and marketing agency that specializes in the cannabis and hemp industries, brings with it an innovative cannabis “Simple Kit.” Part of Goodfellow’s in-house brand, “Simple,” the kit is designed to help first-time cannabis users have a pleasant experience in a simple, safe manner, according to a joint news release (http://ibn.fm/Uf7XK).

The Simple Kit comes with a user-friendly box as its packaging, which, when opened, can be transformed into a tray. Within the box comes a childproof container/grinder that is also waterproof and airtight, a portion of cannabis, filter tips, a cannabis scoping device and rolling papers. The Simple Kit has already been introduced to some California cannabis dispensaries and is expected to be introduced to all legal cannabis counters once the sale of Goodfellas to TransCanna is complete.

“The Goodfellas team reversed engineered the cannabis experience and brought it back to the beginning. Our driving question within the company was, how can we help and assist a consumer who hasn’t had cannabis in 30 or 40 years, begin to enjoy cannabis again,” Nam Tran, Managing Member of GoodFellas, said in the release. “Whether it’s for medicinal or recreational purposes, we believe the Simple Kit is an ideal product to help anyone start enjoying cannabis.”

A new report issued by Arcview Market Research in partnership with BDS Analytics projects that the legal cannabis space in the U.S. will experience double-digit growth from 2018 to 2022. According to the report, “The State of Legal Marijuana Markets, Sixth Edition,” consumer spending on legal cannabis products in the U.S. was expected to reach $11 billion in 2018 and climb to more than $23 billion by 2022, growing at a 22 percent compound annual growth rate over the five-year period (http://ibn.fm/GDmoV).

Jim Pakulis, CEO of TransCanna, said that the company was intrigued and excited by the concept of branding a user-friendly, all-in-one cannabis package and sees a bright future ahead for the Simple Kit.

“An exceptional product for the times. We’re witnessing an unprecedented number of patients and consumers participating with cannabis. The Simple Kit is innovative, simple and easy to use. Conditional on the acquisition, we look forward to expanding the Simple Kit throughout California,” Pakulis said in the joint news release.

For the first time in its history, the World Health Organization has suggested that cannabis be “rescheduled” from its current position as a highly regulated drug to a less restrictive schedule, citing evidence that “preparations of cannabis have shown therapeutic potential for treatment of pain and other medical conditions,” as an article in Newsweek reads (http://ibn.fm/PwJUx). The WHO Expert Committee on Drug Dependence also recommended that cannabidiol (“CBD”) containing no more than 0.2 percent THC should be removed from all international drug control conventions.

TransCanna is strategically creating a distribution network throughout California that places its facilities no further than a three-hour drive from most any client. The company is in the process of leasing or purchasing properly licensed and permitted warehouses strategically located throughout California, along with new secure trucks, sprinter vans and/or armored vehicles.

Through its affiliate, TCM Distribution Inc. (“TCMD”), TransCanna has secured local licenses in Adelanto, California, and recently secured a California temporary distribution license. In addition, TransCanna also completed its initial public offering for total gross proceeds of C$2.2 million, which will be used to fund its general working capital for the next 12 months, including its entry into California’s cannabis transportation and branding market, as a recent article details (http://ibn.fm/0xXL7).

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

• Green Hygienics’ focus is on supplying medical and recreational consumers with exceptional cannabis products
• The company is initially targeting the multi-billion dollar California cannabis market
• Green Hygienics has a number of first-class brands and pioneering grow technology

Based in Las Vegas, Nevada, Green Hygienics Holdings Inc. (OTCQB: GRYN) is setting itself up as a leader in the advancement of science-driven cannabis cultivation systems. A full-scope, premium cannabis cultivation business, it is targeting the high-end medical and adult-use recreational cannabis markets. Green Hygienics is working to expand its portfolio of brands, initially across the U.S. and then worldwide. The company’s focus is on providing medical and recreational consumers with first-rate products through its vertical farming process. Its team has wide-ranging expertise in technology development and in bringing these inventive technologies to market.

Green Hygienics is establishing operations in San Diego, California, first, as it focuses on the $5 billion California cannabis market (http://ibn.fm/AOIyj). Green Entrepreneur notes that California’s cannabis business climate is primed to improve. In the Green Entrepreneur article (http://ibn.fm/k8Chj), Sam Dorf, chief strategy officer of Verano, said, “…California’s tighter regulations and policing of non-compliant operators creates a better business climate for professional, national operators who have been waiting on the sidelines to tap into the world’s largest cannabis market and operate like they do in other states.” Furthermore, the company is building a large cultivation and extraction center in Canada as legislation in the country supports international distribution.

Green Hygienics employs a unique aeroponic growing technology. This involves the delivery of nutrients to an exposed root instead of touching soil, rock wool, peat, clay or other growth media. The company maintains control over every facet of the cultivation process, which facilitates the conservation of natural resources. The technology uses 90-95 percent less water and does not necessitate the use of fungicides or pesticides.

Via the use of an enhanced hybrid aeroponic method, the company fosters greater growing efficiency. Moreover, the quality is higher and more controlled, and the cost per unit for production is reduced to less than $1. This is in comparison to the industry as a whole cultivating a higher end indoor product with a cost range of $2 to $4.

Green Hygienics’ emphasis is on creating distinctive brands for each of its product and service offerings (http://ibn.fm/1eBNK). The company is centering on growth through the sale of premium grade cannabis products. Its brands include The Bridge Coffee House, The Bridge Lounge, Vital Health & Wellness and SolValleyCBD. Brands also include Cannagram Services, Myijuana and CoursePro Academy, with more to follow.

The company’s Cannagram Services, CoursePro Academy and Myijuana jointly advance Green Hygienics’ strategy of expanding its product sales and exposure in the premium cannabis industry (http://ibn.fm/FzwAC). In a news release (http://ibn.fm/O9Cca), Matthew Dole, Green Hygienics’ SVP of business development, said, “The Cannagram technology, in particular, will provide mission-critical solutions for transactional resources, tools and communications for cannabis industry providers and the recreational consumer audience, as well as providing solutions for patient care and treatment at the highest standards.”

By creating trusted global consumer brands, Green Hygienics offers investors the opportunity to partake in the burgeoning cannabis marketplace. With a focus on developing and licensing valuable IP and making strategic acquisitions, the company is on course for further growth. Green Hygienics is leveraging a varied portfolio of offerings, brands and technology as it executes on its vision of providing first-class products to consumers.

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

• Aziza Project is a part stakeholder in Africa New Energies’ well-drilling program in Namibia
• The well-drilling program is envisioned as a means of providing electrical energy to millions of underserved people
• Aziza Project’s ICO will allow security token holders to share in company profits from the resource development
• Drilling is anticipated by the end of the year; 32 potential oil fields have thus far been identified

Aziza Project LLC’s drive to build investor confidence in Southern Africa’s oil and gas resources through modern-tech asset tokenization is gaining increased attention as media outlets such as the Financial Times welcome the input of corporate officers on business topics and provide a forum for the company’s promotions.

As Aziza Project noted recently via its blog (http://ibn.fm/DY9ok), Africa New Energies and Aziza Coin co-founder Shakes Motsilili (http://ibn.fm/Oc6mC) provided the business news publication with a featured opinion article on the value of backing job-creating entrepreneurs, and a separate article promoted Aziza Project’s cryptocurrency-based argument in favor of the company’s security tokens as a more profitable alternative to fund management intermediaries’ fees.

Aziza Project owns 20 percent of Africa New Energies (“ANE”), a corporation focused on bringing electrical energy resources to the underserved millions of residents in sub-Saharan Africa – specifically, Namibia. ANE is preparing to drill 10 wells toward the end of this year, which it believes will provide natural gas that can be converted to electricity onsite and pushed out to the majority of the country’s peoples through a utility grid.

The Aziza Coin ICO tokenizes ANE’s asset — a 22,000-square-kilometer (8,494.2-square-mile) governmental land concession roughly the size of Montana for the drilling project — to help fund the $60 million budget for the drilling program and additional investments in other energy-related businesses, including a plan to potentially provide free solar energy to communities not connected to the national grid through anticipated drilling profits. ANE states that its initial investment has enabled it to identify 32 potential oil fields thus far, with a net un-risked prospective resource of 1.5 billion barrels of oil equivalent (http://ibn.fm/pfsAw).

The article in the Financial Times favoring security tokens over fund managers notes how a South Africa businessman based in London began analyzing his return on investment by comparing the “hidden fees” he would pay to private equity funds with the Aziza Project’s “low transparent fees” that use blockchain’s distributed ledger technology to “automate and disintermediate the layers of fund management costs.”

The article notes that the equity fund fees are a disincentive to investment in startup enterprises.

“If the fund management industry is taking three-quarters of returns, with 40% of funds disappearing upfront, it becomes distinctly more risk averse, as any loss of retail investor capital will invite scrutiny and therefore shed light on the level of their fees,” the article states. “This risk aversion is manifested in the fact that 0.02% of assets under management or only 8 billion Euros were allocated to startups in 2016. This matters since start-ups create more jobs than the rest of the economy combined.”

Aziza Coin’s offering, on the other hand, has demonstrated its transparency by registering in the United States as a security token, and its investor fees are limited to a flat 10 percent up front, the article states.

“It became the first cryptocurrency in the world to integrate its reporting systems with a tax authority when it became a third party data provider to South African Revenue Services (SARS), ensuring that investor gains were reported and taxed as capital gains,” the article continues.

Aziza Coin’s smart contract is based on the Ethereum cryptocurrency, and, if the underlying energy exploration project pays off as expected, the security token could be the means for holders to earn dividends every time the company issuing the tokens earns a profit in the market (http://ibn.fm/YK4j5). The company estimates that proving the concession’s value will result in the Aziza Project’s holding being potentially worth up to $621 million.

For more information, visit the company’s website at www.Aziza.io

• Early December 2018, Sproutly announced that Bryan Semkuley would be joining the company as new president
• Previously, former Pernod executive Constantine Constandis joined the advisory board, and seasoned beverage executive Michael Bellas joined the board of directors
• Sproutly plans to solidify its leading position through commercial cultivation, the establishment of new channel relationships and innovative product development

An expansion of its leadership team is one of the steps that Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) has undertaken to solidify its top position as a cannabis beverage formulation company.

In December 2018, Sproutly announced that Bryan Semkuley would be joining the company as president (http://ibn.fm/aNhsd). Semkuley has over 30 years of experience in leading global innovation teams. He has been a senior executive at Fortune 200 companies like Kimberly-Clark (NYSE: KMB), Labatt and Anheuser-Busch InBev (NYSE: BUD).

At Sproutly, Semkuley will focus on the execution of key strategic objectives such as becoming a foremost cannabis formulation company in the field of beverages. Some of the key steps toward the accomplishment of this goal include the development of an operational plan and tying in the different vertical divisions of sales.

Commercial innovation, the establishment of new channel relationships and product development are three primary areas in which Semkuley has extensive experience. Before joining Sproutly, he served as vice president, global innovation/industrial sector at Kimberly-Clark.

“Bryan brings significant experience in branding, marketing, sales, and most importantly global product innovation and expertise from recognized multinational consumer packaged goods and beverage companies. Our ability to continue executing on our business objectives, defining our competitive advantages, and attracting top talent to our management team and board of directors further validates our commitment to becoming a leading cannabis company with a clear focus on the beverage category,” Sproutly CEO and chairman Keith Dolo said in a news release.

Semkuley’s appointment came about a week after two late November 2018 announcements indicating that Constantine Constandis would be joining the Sproutly advisory board (http://ibn.fm/WUpIP) and Michael Bellas would join the board of directors (http://ibn.fm/pDX2y).

Constandis is a global C-level executive who has more than 34 years of experience in the wine and spirits industry. He is a former senior executive with Pernod Ricard SA. His niche industry experience in brand building, sales and marketing will prove to be invaluable as Sproutly continues working toward becoming a leader in cannabis beverage formulation, Dolo said.

CEO and founder of Beverage Marketing Company, Bellas is a seasoned beverage executive who brings more than 45 years of experience in the industry, working with some of the largest global companies and brands, according to Dolo. As one of the most respected names in the industry, Bellas is expected to add tremendous value to Sproutly’s mission and future growth.

According to Sproutly estimates, the cannabis beverage industry will bring in revenues ranging between $900 million and $4.4 billion by 2024. The exact number depends on the exact market percentage that it captures. The figures don’t account for the premium market potential that is based on Sproutly’s technology for the delivery of naturally water-soluble solutions to supply cannabis-based beverages and edible products.

Sproutly is a developer of cannabis consumer products that combines advanced cultivation practices and transformational technologies to redefine the industry. The company’s Toronto-based ACMPR-licensed facility was built to cultivate pharmaceutical-grade cannabis and to supply a technological breakthrough in producing and formulating the first-ever natural, water-soluble cannabis solution.

For more information, visit the company’s website at www.Sproutly.ca

• First provincial supply agreement signed with Ontario
• Planned production of 17,500 kg annually at 166,000 sq. ft. Ontario facility
• Planned production of 185,000 kg annually on 1.31 million square feet in Quebec

The agreement signed by The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to supply cannabis to the Ontario Cannabis Retail Corporation marks another milestone on the company’s journey toward becoming the world’s leading organic cannabis brand (http://ibn.fm/kvhFr). Now, TGOD’s high quality certified organic cannabis, which is grown in living soil, will be made available to the eight million adults over 19 who live in Ontario, Canada’s largest province by population. This is the first of many provincial supply agreements in the cards as the company expands its domestic and international footprints. Distribution to the Ontario market “is a critical component to TGOD’s national recreational rollout,” according to Brian Athaide, director and CEO. It complements other initiatives that the company is undertaking in Denmark, Jamaica, Mexico and Poland.

The Ontario Cannabis Retail Corporation (“OCRC”), operating as the Ontario Cannabis Store (“OCS”), is a Canadian Crown corporation, established to be a monopoly, which operates the only legal online store for recreational cannabis in Ontario. As soon as a legislative framework is in place, expected by April 2019, it will also become the provincial wholesaler of cannabis for private retail stores. OCS commenced retail sales with the opening of the Canadian recreational cannabis market on October 17. Its wholesale division will soon follow, as a list of the first 25 retailers eligible to apply for cannabis licenses was published in January 2019. The recreational market has already shown exceptional vibrancy. The Ontario Cannabis Store received more than 100,000 orders and over 1.3 million unique visitors to its website in the first 24 hours of operations.

The OCS supply contract involved Velvet Management Inc. (“Velvet”), which provides fully integrated sales and distribution services for TGOD’s cannabis products to provincial liquor and cannabis boards across Canada. Velvet was set up by Philippe Dandurand Wines, the largest importer and distributor of wine in Canada, to “focus on the sales and marketing of cannabis brands. TGOD is the first cannabis partner and will be exclusive in the certified organic segment.”

TGOD is the largest licensed producer of 100 percent certified organic cannabis in Canada. The company’s cannabis is certified by ECOCERT, one of the pre-eminent organic certification bodies in the world. Organic cannabis is grown in living soil without the use of synthetic fertilizers, pesticides or herbicides. The result is a cleaner, premium product for Canadian consumers across both medical and recreational uses.

TGOD continues to pursue its mission of becoming the leading global organic cannabis brand. Since its inception, the company has raised more than $450 million to fund domestic and international expansion and acquisitions, including a 49.18 percent interest in Epican, a vertically integrated cannabis company with licenses for cultivation, extraction, manufacturing and retail sales in Jamaica. Ultimately, it plans to raise annual output capacity to 219,000 kilograms (roughly 483,000 lbs.). The company has a presence in Canada’s two largest provinces, by population – Ontario and Quebec – which together offer a cannabis market estimated at $1.12 billion to $2.68 billion.

TGOD’s facilities in Hamilton, Ontario, are planned to have a total build-out capacity of 166,000 square feet, allowing TGOD to produce 17,500 kg of organic cannabis annually. Construction activity, already underway, started with an indoor facility of 7,000 sq. ft. with an output capacity of 1,000 kg, which is being used as a beta test for a phase I expansion. Phase I will be an enclosed facility that adds 2,000 kg of capacity by the end of Q2 2019. It will be followed by construction of a hybrid facility of 139,000 sq. ft. with a capacity of 14,500 kg.

Construction at TGOD’s 75-acre Salaberry-de-Valleyfield property in Quebec, which commenced January 2018, continues. Valleyfield is a 1.31 million sq. ft. high technology hybrid facility capable of producing 185,000 kg of high-quality organic cannabis annually. First cultivation is expected by Q4 2019.

For more information, visit the company’s website at www.TGOD.ca