Food&Health

Koios Announces New Exclusive Flavor to its Beverage Lineup

Koios Announces New Exclusive Flavor to its Beverage Lineup

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VANCOUVER , June 12, 2019 /CNW/ – Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that it is currently in production for the launch of a new and exclusive flavor to its Koios beverage lineup.

The Company has been working alongside its partners in the sports nutrition field to create a new and exclusive flavor, Strawberry Shortcake. As retail sales continue to increase each week due to the popularity of its current lineup, which include the Apricot Vanilla, Peach Mango, Berry Genius, Blood Orange, and Pear Guava beverages, the Company has decided to formulate a sixth new and exciting flavor.

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“Strawberry Shortcake is a nostalgic throwback to summer desserts we enjoyed as kids,” said Chris Miller CEO of Koios. Adding further, “Working alongside our partners during the creative process gave us a more in-depth feel for consumer appeal. Collectively, we decided on Strawberry Shortcake, as this unique flavor profile has not yet hit shelves in a ready to drink format. We are incredibly excited to share this new flavor with our community of consumers and hope that everyone enjoys it just as much as we do!”

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Koios beverages, in partnership with nationwide retailers are available in over 5,000 retail locations across the United States . Strawberry Shortcake will be exclusively available for a limited time at one of our nationwide retailer partners, before being released to all of our partner retailers throughout the country later this summer. We hope that the addition of this exclusive flavor will drive additional traffic to our retail partners and that our brand recognition will continue to increase within the sports nutrition community.

The Company has seen sales continue to increase each week since inception, and it has continued to receive additional purchase orders from GNC.

“The initial purchase orders we received from our nationwide retailer partners were considerable and we are encouraged to be receiving additional purchase orders in such quick turnaround time. Our online presence also continues to grow with our Instagram account reaching almost 40,000 followers, demonstrating that the Koios beverage lineup is becoming very popular. The additional purchase orders, plus increased weekly sales data and our social media presence proves that demand is strong as we set ourselves up for momentous growth,” said Chris Miller CEO of Koios. 

On behalf of the Board of Directors of the Company.

KOIOS BEVERAGE CORP.

“Chris Miller”

Chris Miller , CEO, and Director

About Koios Beverage Corp.

The Company is an emerging functional beverage company which has an available distribution network of more than 5,000 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States , including GNC, Walmart Inc., and Wishing-U-Well. Together these retailers represent over 50,000 brick and mortar locations across the United States from sports nutrition stores to large natural grocery chains. Through its partnership with Wishing-U-Well, Koios also enjoys a large presence online, including being an Amazon choice product.

Koios is also the sole owner of Cannavated Beverage Corp., a subsidiary that develops beverage products and formulas for the growing CBD market. Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity.  Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain.

Koios produces one of the only drinks in the world infused with MCT oil. MCT oil is derived from coconuts and has been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more information, please visit our website: https://www.koiosbeveragecorp.com.

Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: statements with respect to the growth and size of the functional beverage and CBD infused beverage markets; statements with respect to our projected sales forecasts; statements with respect to our relationship with GNC to increase retail traffic; statements with respect to the perceived benefits that a new and exclusive flavor will bring to the Company; and statements regarding the business of the Company. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the functional and CBD infused beverage markets; (iii) consumer acceptance and adoption of functional beverages and CBD infused beverages as compared to other beverages; (v) changes which may affect the legalization of markets in the US and Canada ; and (v) other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Koios has not conducted any scientific studies on the effects of Koios’ products which have been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking Koios’ products will vary from person to person. No claims or guarantees can be made as to the effects of Koios’ products on an individual’s health and wellbeing.

SOURCE Koios Beverage Corp.

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MediPharm Labs Corp. (OTCMKTS – MEDIF) Announces Solid Results, Stock Doubles in Six Weeks

MediPharm Labs Corp. (OTCMKTS – MEDIF) Announces Solid Results, Stock Doubles in Six Weeks

MediPharm Labs Corp. (OTCMKTS – MEDIF) stock has been on fire over the past six weeks amid several headlines by the company. MEDIF stock has jumped over 100% since March 2019. MediPharm’s stock is up another 5% in early trading session after hitting a new 52-week high of $4.99.

This morning, MediPharm reported solid revenue growth in its fiscal first quarter. The company’s revenue soared 115% year over year to $22 million. Moreover, gross margin was stood at 31%.

Adjusted EBITDA increased by 102% to $4.3 million, over Q4 2018, Adjusted EBITDA. Acquired more than 5,000 kg of dried cannabis in the last two weeks of Q1 from multiple Licensed Producers to fulfill robust demand for private label offerings.

Last week, MediPharm Labs begun trading under the symbol MEDIF after upgrading from OTCQB Venture Market to OTCQX Best Market. Additionally, The company also announced that it has received Depository Trust company eligibility for its common stock in the US.

DTC Eligibility

DTC eligibility simplifies the trading and transferring of common stock between brokerages in the United States. Patrick McCutcheon the CEO of MediPharm Labs stated that the company was delighted to receive DTC eligibility which will facilitate the trading of the company’s common stock in the markets. He added that they are also pursuing other opportunities to strengthen and enhance the company’s liquidity and value for stockholders while increasing accessibility for investors and institution in the US.

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MediPharm Labs common stock will be settled and distributed through the automated DTC processes which give greater efficiency at reduced costs because of the use of electronic clearing and accelerated settlement of securities.

Change Of Ticker Symbol

The company indicated t5hat FINRA had approved the change of their stock trading symbol from “MLCPF” to “MEDIF” on OTCQB Markets. McCutcheon stated that as a fully licensed producer, MediPharm has scaled its operations to become a dominant market Leader in the processing of cannabis and manufacture of high-quality cannabis pharmaceutical products. he added that the company has embarked on an ambitious plan to boost its international and local growth as they strive to become a market leader.

The upgrading from the OTCQB Market to the OTCQX Market is one of the steps the company is taking to attain accelerated growth and it also shows the commitment of the company to transparency and improving liquidity. It is also a way of enhancing MediPharm’s exposure and access to investors to be part of the success of the company.

Jason Paltrowitz the OTC Markets Group Executive Vice President of Corporate Services indicated that MediPharm Labs was among a number of leading companies and innovators in their industry that have joined OTCQX Best Market. He added that OTCQX enables companies to provide investors with a transparent public market to research and trade their shares.

Considering the recent rally in the stock, it would be interesting to see where the stock will go from here on.

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MedMen Enterprises (OTCQX – MMNFF): MedMen Stock Tumbles 65% From Peak. Time To Buy?

MedMen Enterprises (OTCQX – MMNFF): MedMen Stock Tumbles 65% From Peak. Time To Buy?

MedMen stock has underperformed the broader cannabis sector over the past one year. The stock has tumbled over 65% from its October peak price of $7.57.

MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) has announced the opening of its second location in Sorrento Valley, San Diego California and its third-quarter results.

Sorrento Valley store

The location will be the 11th operational store the company is opening in California.

The Sorento Valley facility is strategically located in San Diego which is a major tourist destination. The opening of the store shows the company’s expansion strategy is in California which is estimated to have a cannabis market potential of $11 billion annually. Recently MedMen reported an estimated $100 million in annual sales in California and a 7% market share2.

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Q3 operating results

In the third quarter, MedMen reported systemwide revenue of $36.6 million that includes its retail operations and it also represents a 22% increase from the second quarter. The revenue recorded also includes the pending acquisition of PharmaCann as well as other smaller buyouts. In the third quarter, pro forma sales grew 11% to around $54.9 million compared to the third quarter last year. PharmaCann posted strong sales growth in the quarterly revenue growing to 15.5 million up from $9.8 million in the second quarter.

MedMen ended the quarter with around 82 licenses and 32 stores which includes pending acquisitions. In October 2018 when MedMen agreed to acquire PharmaCann for $682 million they had on 66 retail licenses. Although the expansion sounds to be a strong sign of progress the full quarterly results might reflect something different.

One thing that should raise eyebrows is how the company generated its Q3 results. Besides sales growth in Nevada and Arizona of 34% and 513% respectively most of its organic sales in 10 southern California locations declined. The 10 locations contributed a combined $24.9 million which was a partly 5% growth from Q2 which is alarming growth for a state that leads in recreational cannabis sales.

Gross margin also dropped from 53% in Q2 to 51% in Q3 despite the company reporting a $19.5 million gross profit. The company expects an operating loss of over $50 million following the trend in subsequent quarters.

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Namaste Technologies (OTCQB – NXTTF): Namaste Stock Tumbles 80% From Highs. Time To Buy?

Namaste Technologies (OTCQB – NXTTF): Namaste Stock Tumbles 80% From Highs. Time To Buy?

The explosion of the cannabis industry in Canada has led to the emergence of many new businesses surrounding the industry and one of them is online retail for cannabis products. It is, without a doubt, a novel idea and one that would eventually pay off, because of the rising demand of cannabis product and accessories. One of the major names in the cannabis online retail space is Toronto based Namaste Technologies Inc. (TSXV:N) (OTCQB:NXTTF) and considering the line of business the company is in, one would expect them to do well. However, there are some burning issues with the company that could prove to be the undoing of Namaste Technologies in the long run.

Corporate Fraud

Back in 2018, Namaste Technologies seemed to be the next big thing in the cannabis retail space after it recorded staggering growth of 300% in August and generated revenues to the tune of $1.65 million. All the revenues came from its interests in a range of website in Canada. Following in the tradition of major cannabis companies eventually heading to Nasdaq for raising more capital, Namaste Stock did the same but that is when the company’s hidden skeletons came to the fore.

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Citron Research published a report in which it stated that the upper echelons of the company’s management were involved in large scale fraud. Namaste responded with legal proceedings against its CEO, who was eventually fired and made widespread changes at the board level. However, the company has had a disastrous run in 2019 and is yet to file its earnings report for the February quarter.

Updates Missing

Amidst the general meltdown in the company’s standing, Namaste Technologies has also been grossly negligent of providing updates on its corporate situation for quite some time. Other than the update regarding the addition of a board member and then his installation as the chief of the audit committee, no big updates have been forthcoming.

The search for a new CEO is likely still going on but there is no clarity on the matter and an interim CEO is still doing the job. Last but not the least, without further clarity on its earnings and the appointment of a new CEO, it is highly unlikely that the company is going to be looked upon favourably by Wall Street.

Namaste stock has tumbled over 80% from its from its all time high of $3.05.

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Moleculin Biotech (NASDAQ: MBRX) Stock Goes Through a Rollercoaster

Moleculin Biotech (NASDAQ: MBRX) Stock Goes Through a Rollercoaster

Moleculin Biotech (NASDAQ:MBRX), which is involved in the manufacturing of a range of cancer drugs meant for particularly damaging tumours, went through a bit of a rollercoaster at the beginning of the week. The company has produced a variety of drugs which are meant for the clinical stages of conditions like brain tumours, pancreatic cancer and others. On Monday, the stock reached new heights after the company announced a major breakthrough for the treatment of lung cancer, but on the very next day, it nosedived following a direct equity offering.

The Rise

On Monday, the Houston, Texas based pharmaceutical company released a press release in which it announced that it had made a significant discovery as regards to a drug related to treatment of lung cancer. Needless to say, such an announcement created a flutter in the markets and investors soon piled in as the stock soared by as much as 180% in Monday’s intraday session to reach three-year high of $3.15. By the end of the session, the stock finally closed at 2.98, up 169%. For any pharmaceutical company which is engaged in this particular line of drugs, the announcement was of huge significance and the broader market thought so as well, as the stock went on an almighty rally.

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The Fall

However, the rally did not last long as the next day Moleculin Biotech announced a direct equity offering to institutional investors in order to raise money for research and development, clinical trials, corporate necessities and other sundry expenses. The company offered 9,375,000 units of its common stock at $1.60 to the institutional investors and raised a total of $15 million through this manoeuvre.

The offering is an attractive one for institutions. In addition to the stock, the institution will also get one half of a warrant that would allow it to buy a share for $1.75. The warrant is valid for 5 years and the offering is going to close on the 25th of April. Such an offering did not seem to amuse the market much and the stock tanked 51% after having gone up by about 170% the previous day.

Shares of MBRX are down another 18% to $1.42 in Thursday’s session.

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Wildflower Brands’ Stock Gains Momentum On Positive News

Wildflower Brands’ Stock Gains Momentum On Positive News

Shares of Wildflower Brands Inc. (SUN:CNX) (WLDFF:OTC) are on fire so far this year with a gain of over 40% during the same period on the Canadian Exchange. In fact, the stock has soared over 30% since March 11, 2019 .

Wildflower Brands, which is involved in creating, distribution and designing a range of cannabis branded products, entered into a private placement deal earlier this month that could raise up to $15 million for the company. However, that is not all. The company, which also distributes its products to retailers in the cannabis space across the United States, has also embarked upon an ambitious expansion into the European Union. Needless to say, these are great tidings for the cannabis company that went public only five years ago in 2014.

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Expansion into the European Union

On April 16th, Wildflower signed an agreement that will take the brand into the European Union and needless to say, it is a market that remains on the radar of most cannabis companies. The company signed an agreement with another firm known as Two Towers to take its signature brand named Wildflower Wellness CBD+ into Poland.

The partnership between the two companies is highly strategic. Two Towers, which is one of the best known prescription medical distribution company in Poland is a subsidiary of Omega Rex, which runs a number of pharmacies in the capital city of Warsaw. According to market research firms, the CBD market in Europe is expected to explode in the next few years and it is believed that it could grow by a staggering 400% by the year 2023. In such a situation, many firms in the European Union are looking for partnerships with established brand which operate in the CBD space.

The Private Placement

A private placement is often used by a company when it wants to sell some of its stock to private investors but not through the public markets and over the years, it has become a very popular method of raising capital. Wildflower went for a private placement as well instead of going to the capital markets and has issued a total of 20,000,000 subscription receipts at 75 cents apiece.

The whole process is supposed to close on 23rd of May this year and the company expects to raise up to $15 million through this placement. The money raised will directly go into fortifying the company’s supply chain, distribution infrastructure and for boosting manufacturing capabilities.

What do you think of Wildflower’s Stock?

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Koios Beverage Corp (OTC:KBEVF) continues to Impress. Are you paying attention yet?

Koios Beverage Corp (OTC:KBEVF) continues to Impress. Are you paying attention yet?

Today we are bringing you a play that has proven itself in recent weeks, making gains of over 132% in just a single day of trading back in late February off some excellent news (more on this in a bit).

It’s a play that’s making major moves in the nootropic and now under their subsidiary, Cannavated Beverage Corp, are also making headway into the CBD infused beverage space.

KOIOS has delivered BIG news with Big Companies in just the last few weeks

Trading right at $0.34, KBEVF develops and distributes nature-based products that boost brain function, enhance health, and improve productivity. Its core vision is to help a billion people worldwide live more productively through the development of nootropics, which are supplements that improve cognitive abilities. It also is expected to start to provide CBD-infused beverages through its subsidiary company, Cannavated Beverage Corp.

A couple of weeks ago, KBEVF launched itself onto our radar after making an announcement that caused share price to sky rocket. On February 27, they announced that they had caught the White Whale. The company announced that it has signed a vendor agreement with Walmart Inc, the world’s largest retailer, and is expected to supply 1,094 locations across the US.

Share price went crazy, hitting highs of $0.72 on the day and held near those highs as the market closed. When all was said and done, share price had made triple digit gains of over 130%.

Since then, KBEVF has pulled back to $0.40, which is still above it’s 200 day MA of $0.29 AND it’s 50 day MA of $0.31. Holding above these pivot points can be quality indicators of strength.

KBEVF

Key Catalysts

  • The company is making big moves in multiple explosive industries: 
    • KBEVF is utilizing its subsidiary, cannavated Beverage Corp by becoming the first “nootropic” beverages enhanced with CBD cannabidiol molecules.
    • The CBD market is expected to hit $22Billion by 2022 according to inc.com.
    • The global field of nootropics is also growing rapidly and is expected to reach over $6Billion by 2024 according to globalnewswire.com.
    • These are both brand spanking new industries that are rife with market availability. In other words, there are few, if any, big guys swiping up any market share in either industry.
  • KBEVF has recently made moves off of good news.
  • Excellent Recent News: As already stated, KBEVF announced that it has signed a vendor agreement with Walmart Inc, the world’s largest retailer, and is expected to supply 1,094 locations across the US. This isn’t their only big recent news as the company appears prepared to continue its aggressive expansion.
    • Continue reading to get all of KBEVF’s recent news in the Recent News section of this Full Report.

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Key Performance Indicators

For our purposes, the key to KBEVF’s success is their anti-reliance on caffeine and their focus on ingredients that increase clarity and focus of the mind.

Taking two KOIOS beverages per day can create mental superiority and is less expensive than drinking Starbucks and much healthier than consuming energy drinks and pre-workouts.

Koios enhances focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity, and creates all day mental clarity and energy, without using large amounts of stimulants.

And the science is starting to ramp up fast. Just a few months ago, KBEVF started clinical trials in Denver to prove the testimonials right. “Enhances cognition.” Imagine seeing that on a can in Walmart!

KBEVF

Recent News

March 8, 2019: CBD Products Coming to a Store near You; CBD Companies Expand Reach – Koios Beverage Corp. is ensuring more than just proper distribution, having announced that the Company has increased its production capacity by partnering with Full Metal Canning, located in Longmont, CO, in addition to its current partnership with Golden Global Goods, the parent company of Rocky Mountain Soda.

Forming these partnerships came as a result of the Company securing purchase orders with two of the largest retailers in the world, thereby increasing its retail footprint by 4,000 locations since February 2019.

Continue Reading: https://finance.yahoo.com/news/cbd-products-coming-store-near-130000129.html

March 7, 2019: Koios Beverage Corp Announces New Canning Facility Partnership and Increased Production Capacity – KBEVF is pleased to announce that the Company has increased its production capacity by partnering with Full Metal Canning, located in Longmont, CO , in addition to its current partnership with Golden Global Goods, the parent company of Rocky Mountain Soda.

The partnerships with Full Metal Canning and Golden Global Goods will provide the Company with the available use of two canning lines in their local Colorado market.  This not only allows Koios to produce twice the amount of product but it also provides for a much more rapid pace at which orders are fulfilled.

Continue Reading: https://finance.yahoo.com/news/koios-beverage-corp-announces-canning-120000899.html

February 27, 2019: Koios Beverage Corp secures purchase order with Walmart; to supply 1,094 locations across the US – KBEVF is pleased to announce it has signed a vendor agreement with Walmart Inc, the world’s largest retailer.

Walmart will soon be adding the Koios beverage line to its new functional beverage set. Initially, Koios products will be available in 1,094 Walmart locations across the United States . The retail giant will carry Pear Guava, Blood Orange and Peach Mango beverages. The products will also be available through Walmart’s online portal at www.walmart.com and will be available in stores April 1 st of 2019.

KBEVF CEO, Chris Miller had this to say about the deal: “Working with the world’s largest retailer is an honor. Walmart has begun carving out significant shelf space in select locations to build the next generation of better-for-you brands, and we are truly excited to be one of them. Making the world a healthier place is our mission and our relationship with Walmart will be a tremendous catalyst for reaching a mass audience for our brand.”

Continue Reading: https://finance.yahoo.com/news/koios-beverage-corp-secures-purchase-120000680.html

KBEVF

More About KBEVF

As stated, KBEFV develops and distributes nature-based products that boost brain function, enhance health, and improve productivity. Its core vision is to help a billion people worldwide live more productively through the development of nootropics, which are supplements that improve cognitive abilities.

The company’s flagship product, Koios, is a GMP-certified dietary supplement. Made from natural ingredients and backed by science, Koios is designed to improve focus, memory, mental drive, clarity and energy. The company produces Koios in the following formulations:

  • Powder supplements containing nootropics as well as caffeine and lion’s mane and chaga mushrooms;
  • Vegan-friendly capsules;
  • Canned beverages containing nootropics along with MCT oil to burn fat and increase metabolism.

Not to be mistaken with prescription-only drugs which are at times used for similar effects, nootropics are over-the-counter dietary supplements; some of which, like Koios, contain ingredients that are currently used in the treatment of patients with Alzheimer’s disease.

According to media reports, there is believed to be significant and growing use of nootropics among high-achieving students and professionals. The UK’s leading Guardian newspaper found that nootropics are commonly used in Silicon Valley by computer industry professionals who want to “hack” their minds and maximize their productivity without any possible negative effects on the brain.

Koios was born out of the personal struggles of its founder and CEO, Chris Miller, who has ADHD. Speaking of his struggles at this time, Miller says, “Coffee and energy drinks were no longer helping me. Eventually, I was drinking so much caffeine that I was beginning to notice negative and troubling health effects.” He adds, “I believed there had to be a better way. Better technology that the earth was providing that I could implement and not only boost my daily performance but take care of my brain and body long-term.”

After years of experiments and with the help of leading scientists, he developed Koios, named after the Greek Titan who represented rational intelligence.

Koios contains the following ingredients, among others:

  • Vitamin B12:Crucial for the function of the nervous system and the synthesis of DNA, B12 also helps in the creation of red blood cells.
  • Vitamin B6:This vitamin is crucial for brain development among children and brain function in adults. B6 is also important in the production of key hormones: serotonin, which regulates mood, norepinephrine, which helps us handle stress, and dopamine.
  • Huperzine A: Developed from the Chinese club moss plant, huperzine A is used on Alzheimer’s patients to boost their memories. It is also used to raise energy levels and alertness and is the subject of medical trials to test its efficacy when combined with other drugs.
  • Bacopa: Also known as brahmi, bacopa is an Indian herb used in Ayurvedic medicine to improve concentration and memory. Modern science has recognized its effectiveness, and it is used to treat symptoms caused by Alzheimer’s disease, ADHD and anxiety.
  • Ciwujia: Sports scientists have been interested in this herb since they heard of how mountain climbers in Tibet use it to boost their performance at high altitudes. Peer-reviewed research has shown that Ciwujia has clear positive effects on endurance.

The company’s products can be found online at https://www.mentaltitan.com and in stores, both across the United States and internationally, via a continuously growing distribution network that includes Walmart.

Make sure to do your own due diligence on KBEVF and, as always, stay tuned for more news and updates.

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Wayland Group (CSE-WAYL) (OTCQB-MRRCF) Making Investors Happy as Price Climbs, Put on Your Watchlist Now

Wayland Group (CSE-WAYL) (OTCQB-MRRCF) Making Investors Happy as Price Climbs, Put on Your Watchlist Now

Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland,” formerly known as Maricann Group Inc.)

Wayland Group is a vertically-integrated cannabis cultivator and processor. Founded in 2013, the company is based in Burlington, Ontario, Canada and Munich, Germany, and has production facilities and operations in Canada (Langton, Ontario), Germany (Dresden, Saxony, Germany), and Switzerland (Regensdorf).

In early November 2018, Wayland announced an acquisition in Colombia and a joint venture in Italy, adding to its impressive EU footprint which also includes a production license in Malta.

Building on its robust established platform in Canada, Wayland is strategically assembling an array of valuable international assets in key leading Western European countries, giving Wayland a critical early-mover advantage in enormous but largely-untapped EU markets.

Canada

Wayland arrived early to the Canadian market, receiving its first license from Health Canada in March 2014. At its Langton, Ontario facility scheduled to be fully operational in Q4 2018, the company has 189,000 square feet of grow and production with annual capacity to grow up to 66,000 kg, with a phase 2 expansion of an additional 635,000 square feet of grow space to bring annual capacity to over 100,000 kg, to a phase 3 full buildout of 942,000 total square feet of cultivation and support facilities.

The company has entered agreements to supply and has allocated capacity in four Canadian provinces: British Columbia (3,622 kg), Alberta (3,375 kg), Manitoba (550 kg) and Ontario (37 Ontario Cannabis Store listings). The Langton facility is a low-cost, high-energy facility with a natural gas well and cogeneration facility on site, and all water recycled through a bio-pond.

On October 17, 2018, Wayland announced the release of its brand portfolio. Rather than taking a one-size-fits-all approach, the company took a purposeful, consumer-centric approach validated by consumer research and created brands designed to address various segments of the market. Wayland’s brands include KIWI (light users looking to better understand cannabis), HIGH TIDE (high-THC cannabis strains for experienced medium to heavy users), and NORTHERN HARVEST (light to medium users who enjoy cannabis), and soon-to-come LOST AT SEED (meticulously curated collection of the finest and most rare cannabis genetics), SOLARA C (highest quality CBD products), and RARA DANKNESS (selection of premium award-winning limited-edition strains).

Wayland is an exclusive provider of medical cannabis to Lovell Drugs, Ontario’s oldest pharmacy supply chain. The company also has a Canada-wide pharmacy partnership, which includes a comprehensive online education platform that will be available to pharmacists in over 2,100 Canadian pharmacies.

In 2017, Wayland entered a joint venture with Colorado-based Evolab Extraction Technologies, a leading extraction technology company, to produce pharmaceutical-grade cannabis concentrates. Wayland also acquired NanoLeaf, a biotech company with licensing rights to a number of patented drug delivery formulations, including Vesisorb, the first cannabinoid standardized-dose soft gel capsule in a nano-dispersed drug, developed at the Zurich Institute of Technology, that improves the bioavailability of cannabinoids without molecular structure changes.

WAYL Wayland Group

Looking Beyond Canada

Building on its success in Canada, Wayland has focused on Europe as an important market for cannabis with over 742 million people and combined gross domestic product of EUR 15.3 trillion with the cannabis market forecast to be worth EUR 115.7 billion by 2028. Drawing on its experience with EU-GMP certification of its Canadian facilities, Wayland is familiar with and able to navigate the strict European regulatory framework and complex licensing process. Wayland is using its experience in Canada to position itself as a market leader in Europe.

Germany

Wayland was one of the first Canadian companies involved in the German market. Wayland is developing a facility in Ebersbach, near Dresden, with a proposed 820,000 square feet of clean-room cultivation, processing, and extraction, including up to 300,000 square feet of cultivation. Cultivation and production licensing are subject to German government approval.

On October 15, 2018, Wayland announced an agreement to supply a minimum of 9,000 kg of EU-GMP certified cannabis dry flower over a three-year term to Cannamedical Pharma GmbH, an importer and distributor of cannabis in Germany to over 2,200 pharmacies. The first shipment is scheduled for December of 2018.

Wayland is also engaged in hemp operations in Germany through its European nutraceutical subsidiary MariPlant. On August 3, 2018, MariPlant commenced the harvest of approximately 405 acres of hemp.

Switzerland

Wayland recognized that Switzerland will also be a key market for the European cannabis industry. On May 10, 2018, the company announced the acquisition of Haxxon AG, positioning Wayland to operate in the Swiss market through Haxxon’s production of feminized high-CBD cannabis plants. Haxxon has a 64,500 square foot facility in Regensdorf, Switzerland, a suburb of Zurich. According to CEO Ben Ward: “A phenomenon has occurred in Switzerland, where people are substituting or modifying tobacco consumption with low THC cannabis (less than 1% THC).”

Italy

In Italy, Wayland entered a strategic partnership to take advantage of the country’s increasing acceptance of medical cannabis. On November 9, 2018, the company announced a joint venture agreement with CBD Italian Factory S.S., a company of Group San Martino, for the production of high-quality cannabis products in Italy. Pairing world-leading technology by Rockwell Automation with existing infrastructure in Piedmont , which includes agricultural expertise and biogas electricity, the company can sustainably produce CBD and THC products from a naturally-derived fuel source.

The joint venture will be split between Wayland (50.1%) and CBD Italian Factory (49.9%). A key aspect of the joint venture is a relationship with the University of Eastern Piedmont, which will develop a research center focusing on producing high-CBD products for medical purposes, and further studies of high-THC content and medical uses.

Colombia

As lowering cannabis production costs becomes increasingly important with increased competition, Wayland has entered Colombia as a low-cost source for its cannabis offerings in Europe. On November 6, 2018, the company announced an agreement to acquire Colma Pharmaceutical SAS, a licensed producer of THC cannabis in Colombia, holding four licenses for cultivation and processing in Ibague.

Wayland expects to cultivate THC cannabis outdoor and year-round with an infrastructure investment including 415,000 square feet of processing and clone and vegetation greenhouse facilities to support outdoor cannabis flower production on 300 acres. Wayland plans for initial crude extraction to be completed in Colombia and exported for further distillation in Wayland’s facilities in Germany, allowing Wayland to create a complete range of isolates of cannabinoids adding a sustainable supply for extraction and further distillation of cannabinoids.

CEO Ben Ward explained the Company’s move to low-cost, high-yield production in Colombia: “Our move to outdoor cultivation in Colombia is the first step in creating a reliable and consistent mass supply of cannabinoid isolates for the global market, including THC and CBD, and importantly commercial quantities of lesser known CBG and CBN.”

Mr. Ward further explained that Wayland’s acquisition in Colombia reflects the company global ambitions centered in Germany: “We will be establishing a robust outdoor flowering operation as a source of products to be manufactured for global distribution from Ebersbach, Germany. We continue to move aggressively in the international market, creating a global presence, built on a rational business platform of geographic cost centers.”

Malta

To complement its Western European assets, Wayland also received a license in Malta to manufacture finished-dose medical cannabis. This license allows Wayland to supply its Maltese operation with raw materials that will then undergo advanced post processing to create pure cannabis distillates, allowing for pharmaceutical manufacturing.

Chart appears to show solid support around $1.20 and steady climb to next resistance point around $1.68      

Any push past $1.68 could trigger massive gains. 

WAYL STOCK

Positioned for Growth

The valuations of Canadian licensed producers have been recently facing a reckoning. With the hype of impending legalization in the rear-view mirror, companies will need to distinguish themselves with real earnings and by executing on thoughtful strategies for the future. Wayland has recognized the early-mover opportunity to use its early success in Canada as a springboard for global ambitions. The company is executing on those ambitions.

Wayland presently trades at less than 30 percent of its January 23, 2018 high of $4.25 CAD, and significantly lower than its 200-day, 100-day, 50-day, and 20-day moving averages. As the market continues to distinguish between Canadian cannabis companies competing for slices of a relatively small Canadian market and those with global growth strategies and executable international footprints, Wayland is positioned for significant upside. Wayland’s focus on strategic expansion from its European hub in Germany and its tremendous Dresden-area facility to enter other significant EU markets bodes well for long-term significant growth.

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