VANCOUVER, British Columbia and BATTLE CREEK, Mich., Jan. 27, 2022 (GLOBE NEWSWIRE) — Eden Empire Inc. (CSE: EDEN) (the “Company” or “Eden Empire”) is pleased to announce that it has signed an agreement (the “Agreement”) with an arm’s length third-party (the “Partner”) to assist in expanding the EDEN franchise across the State of Michigan. The Partner has been involved with the construction of numerous marijuana grow, processing and dispensary facilities in the State and boasts an expansive network of contacts in the industry.

Key Notes

• 2021 Cannabis Sales in Michigan topped USD$1.79B.
• 2020 Cannabis Sales in Michigan reached USD$984M.
• 43% growth in cannabis sales year-over-year from 2020 to 2021.
• Franchisee opportunity brings massive branding exposure to the EDEN brand in a growing market.

“We are pleased to announce our Partner in Michigan to assist with expanding the EDEN footprint in Michigan. Utilizing our Partner to create advantageous opportunities for the Company is massive as this market continues to grow year-over-year.” CEO Gerry Trapasso stated, “It is an extremely exciting year ahead for all companies involved in the Michigan cannabis industry and we look forward to releasing news about onboarding potential franchisee’s in the near future.”

This news release does not constitute an offer of securities for sale in the United States. The securities ‎being offered have not been, nor will they be, registered under the United States Securities Act of ‎‎1933, as amended, and such securities may not be offered or sold within the United States absent U.S. ‎registration or an applicable exemption from U.S. registration requirements.‎

For further information or should you have any questions, please feel free to email us at [email protected].

Gerry Trapasso, CEO

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

About Eden Empire

Eden Empire is in the business of investments and operations in the cannabis sector and engaging in retail cannabis sales. Eden Empire intends to expand its retail operations in Canada and to expand its business to cannabis cultivation, extraction and processing‎ and become a fully integrated cannabis product company in the United States.

Eden Empire has an award winning and established nationwide brand, including a substantial intellectual property portfolio, and a dedicated management team with extensive cannabis industry experience. Upon completion of Eden Empire’s currently intended acquisitions, and approval to operate its retail locations, the Company is expected to have a significant retail cannabis footprint in Canada and Michigan. Retail cannabis operations are an emerging sector with significant cash flow potential.

Cautionary Note Regarding Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “upon” “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements and information include, but are not limited to, statements with respect to the gross proceeds anticipated to be received under the Third Tranche Private Placement; the future exercise of any Warrants issued under the Third Tranche Private Placement; the future price of the Company’s common shares on the CSE; the future exercise by the Company of its right to accelerate the Warrant Expiry Date; the approval of the CSE of the Third Tranche Private Placement; the Company’s future operations of retail cannabis stores in the United States and Canada; the Company expanding its business to cannabis cultivation, extraction and processing and becoming a fully integrated cannabis company in the United States; the completion of the Company’s currently intended acquisitions; the receipt of all necessary licenses and approvals to operate the Company’s retail locations; and the proposed future transactions Eden may undertake and their expected timing.

Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Eden Empire to control or predict, that may cause Eden Empire’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: Eden Empire may not obtain the requisite regulatory approvals and may not begin operating cannabis retail or cultivation and processing operations; that the actual use of proceeds may differ from those currently stated; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; currency fluctuations; regulatory restrictions and the possibility for changes in laws, rules, and regulations in the industry; liability, competition, loss of key employees and other related risks and uncertainties. Eden Empire does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

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

About Ryan Allway

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

DENVER–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, applauds California’s Assembly Bill 45 permitting the retail sale of products containing hemp-derived extracts and CBD. The Company and its family of brands plans to immediately expand its already sizeable footprint in California, the country’s most populous state.

“The 2018 Farm Bill removed hemp from the definition of marijuana in the Controlled Substances Act. Now California has passed Assembly Bill 45 that will allow California consumers to purchase food, beverage, dietary supplements and cosmetics manufactured with hemp-derived CBD” said Jason Mitchell, N.D., HempFusion‘s Co-Founder and Chief Executive Officer. “As one of the most compliant CBD companies on the market, HempFusion’s family of brands already meet or exceed California’s new regulatory requirements and welcomes this opportunity to quickly expand our footprint in the state.”

“With an already large distribution footprint within retail locations in California, we expect to continue to be one of the leading companies in the state,” continued Dr. Mitchell. “Our recently acquired female-focused brand, Sagely Naturals, was founded in California and has built a strong reputation among California consumers for safe and reliable premium hemp extract products. Continued progress in California will help the Company achieve its future revenue goals,” continued Dr. Mitchell.

ABOUT HEMPFUSION

One of a select few CBD companies who are today fully prepared to meet or exceed expected FDA guidance, HempFusion Wellness Inc. is a leading health and wellness company whose family of premium consumer brands include HempFusion, Sagely Naturals, Apothecanna, and Probulin Probiotics, one of the fastest-growing probiotics companies in the United States according to SPINs reported data.

Utilizing the power of whole-food hemp nutrition, the HempFusion family of brands’ product portfolio comprises 112 SKUs including USDA Organic Certified Tinctures, proprietary FDA Drug Listed Over-The-Counter (OTC) Topicals, probiotic supplements and skin care products, a Doctor/Practitioner line, a White Label division and more. With a strong focus on research and development, HempFusion Wellness has 43 products under development.

Available from more than 15,000 US retail locations across all 50 states, HempFusion Wellness products are also available in China, Mexico, Ireland, United Kingdom, United Arab Emirates, South Korea and Canada and may be purchased online from each brand’s website, The Probulin Store on Amazon.com, Alibaba’s Tmall.com, the world’s largest cross-border online marketplace, and a multitude of additional e-commerce sites.

For more information, visit www.hempfusion.com and follow HempFusion on Twitter, Facebook and Instagram.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements“) that relate to HempFusion’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward-looking statements relating to the Company’s expansion plans, compliance with expected regulatory requirements and guidelines, achievement of revenue goals and the Company’s other plans, focus and objectives.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond HempFusion’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the impact and progression of the COVID-19 pandemic and other factors set forth under “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in the annual information form of the Company dated March 31, 2021, and available under the Company’s profile on SEDAR at www.sedar.com. HempFusion undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for HempFusion to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

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

JACKSONVILLE, Fla., June 16, 2021 (GLOBE NEWSWIRE) — Acquired Sales Corp. (OTCQX: AQSP ) today announced that it has signed a letter of intent:

• To acquire 100% of the ownership interests of rapidly growing Savage Enterprises ( www.SavageEnterprises.com ), Irvine, California (“Savage”), which owns award-winning delta-8-THC and delta-10-THC brand Delta Effex ( www.DeltaEffex.com ), CBD brand Savage CBD ( www.SavageCBD.com ), e-liquid brand Vape 100 ( www.vape100.co ), and premium kratom and kava-based products brand Zen Panda, for an aggregate merger consideration of $44 million, consisting of $15,840,000 in cash plus 8,691,358 shares of Acquired Sales Corp.’s unregistered common stock; and
• To enter the California marijuana industry by AQSP purchasing 100% of Premier Greens LLC (“Premier Greens”), which has five conditional use permits (CUPs) from the City of Palm Springs for the cultivation, manufacturing, dispensing, delivery and distribution of marijuana, and is in the second of three phases to obtain its state licenses to grow, sell and deliver marijuana, and by Savage increasing its ownership of MKRC Holdings, LLC (“MKRC”), which owns a 5,560 square foot building to be used for the growing, selling and transportation of marijuana, from 46% to 100%, for an aggregate purchase consideration of $2,000,000 in cash.

Christopher G. Wheeler, co-founder, co-owner, and CEO of Savage, stated, “We feel that the combination of Savage Enterprises and Lifted Made will be unstoppable, and we look forward to helping to quarterback AQSP’s future growth and diversification. 2021 year to date, Savage Enterprises’ unaudited revenue is just over $13,000,000, and at our current run rate Savage Enterprises’ revenue is conservatively expected to be 200% over last year. Based upon Savage Enterprises’ unaudited year to date financial performance, and barring significant changes in the industry, we conservatively expect Savage to generate over $7 million in post-closing annual pre-tax net income for AQSP, which would be immediately accretive to AQSP’s earnings per share.”

Matt Winters, co-founder, co-owner, and President and CFO of Savage, stated, “As a growing company with excellent free cash flow, Savage had many go-forward options available to us. After extensive discussions and analysis, we concluded that the best route to build the cannabis industry leader is for us to partner with Nick Warrender, Jake and Gerry Jacobs, Lifted Made and AQSP. It is harder than you think to find people who are like-minded about the quality of products produced, the overall customer experience, and the need for a decentralized approach to entrepreneur-led management in our very fast-moving and evolving industry. Partnering with Lifted Made is going to be a game changer. I am overjoyed to bring massive growth to the business, and I’m ready to jump on board to help direct the next big moves this industry needs to see. I can’t wait to see the next company we bring into AQSP alongside Savage and Lifted!”

Closing of the transactions is subject to a number of conditions, including but not limited to completion of an acceptable due diligence investigation and audit of Savage, Premier Greens and MKRC, completion of a capital raise of at least $30 million by AQSP, execution of definitive acquisition documents, receipt of a tax opinion on the Savage merger, obtaining all necessary approvals, and the completion of all necessary securities filings.

Christopher G. Wheeler and Matt Winters, the co-founders and co-owners of Savage, will continue to serve as the CEO and CFO, respectively, of Savage, Premier Greens and MKRC, and shall also serve as the Co-Founder and Chief Sales Officer, and as the Co-Founder and Chief Risk Officer, respectively, of AQSP, under long-term employment agreements.

Co-founded in 2014 by Christopher G. Wheeler and Matt Winters, Savage was established with the vision of bringing innovation to the counter-culture space. Savage has been committed to improving the community it serves by providing superior, consumer-centered and cost-effective products that are third-party lab-tested with quality assurance, consistency, and traceability. Savage’s goal is to create the benchmark for quality and assurance in the industry. Under its Delta Effex brand, Savage sells delta-10-THC cartridges, disposables and tinctures, delta-8-THC-infused shots, cartridges, concentrates, disposables, edibles, delta-8-THC-infused hemp flower, pods and tinctures. Under Savage CBD, Savage sells CBD cartridges, disposables, edibles, tinctures, topicals, vape juice and CBD for pets. Under its Vape 100 brand, Savage produces nicotine-infused e-liquids. For its Vape 100 e-liquid, Savage has filed a Premarket Tobacco Application (“PMTA”) with the U.S. Food & Drug Administration (“FDA”), which the FDA has received and is reviewing. Under its Zen Panda brand, Savage sells various kratom and kava-based products. Savage also sells disposable nicotine vapes. The team at Savage is currently developing at least three other products in the supplement arena, as well as innovative apparatuses for marijuana consumption.

Premier Greens has five CUPs from the City of Palm Springs for the cultivation, manufacturing, dispensary, delivery and distribution of marijuana, and is in the second of three phases to obtain its state licenses to grow, sell and deliver marijuana from the 5,560-square foot building owned by MKRC that is located in Palm Springs, California.

Christopher G. Wheeler, co-founder, co-owner and CEO of Savage, stated, “Being in the counter-culture space for almost a decade I realized early on that there are many avenues to which we can bring creative solutions, and be very disruptive. Because of the nature of our industry, it takes a company that has its eyes on producing the best quality of products and really bringing the next big things to the table first. Diversification of product offerings is a major key to success if you want to win big in this arena, and Savage has consistently been a product introduction leader, largely because we have relentlessly reinvested our cash flow back into the company, and have very little debt.”

Matt Winters continued, “In addition to Savage’s and Lifted’s outstanding delta-8-THC, delta-10-THC, CBD, e-liquids, and premium kratom and kava-based brands, our companies Premium Greens and MKRC will allow AQSP to significantly diversify into the regulated marijuana industry in California. Currently we are almost through state licensing and we have already obtained five CUPs from the City of Palm Springs. We are expecting to break ground on our build out of MKRC’s building in Palm Springs sometime this summer. We are beyond excited to operate this business and we are in the process of obtaining almost every California marijuana license you can get, including cultivating, manufacturing, dispensing, and distributing/transporting. Alongside our nationally known hemp brands Delta Effex and Urb Finest Flowers, this is going to be a grand slam!”

Nicholas S. Warrender, co-founder, Vice Chairman of Chief Operating Officer of AQSP, and CEO of Lifted Made, commented: “Partnering with Savage Enterprises is a big step forward in uniting industry leading brands. Chris Wheeler and Matt Winters are visionary entrepreneurs who have consistently set trends and have been on the forefront of pioneering emerging industries and products. I look forward to collaborating and working together as partners to achieve our goal of creating the largest and most profitable public company in the cannabis space.”

William C. “Jake” Jacobs, CPA, President and CFO of Acquired Sales Corp., said, “We are laser-focused on identifying the best entrepreneurs with fast-growing and profitable cannabis and related companies who are enthusiastic about partnering with us. Chris Wheeler and Matt Winters are spectacularly effective company builders, who have known Nick Warrender for years, and who are already our partners in LftdXSvg LLC, which is developing hemp-derived THCV products. Savage’s products, brand awareness, distribution capabilities, growth and free cash flow are outstanding, and AQSP is very fortunate to have Chris and Matt joining us in building the industry leader over the next few years.”

Gerard M. Jacobs, CEO of Acquired Sales Corp., said, “Chris Wheeler and Matt Winters are born entrepreneurs, highly intelligent and agile decision-makers. Savage Enterprises’ rapid growth and robust cash flow stand in stark contrast to the many large publicly traded cannabis companies that are growing slower and posting large losses quarter after quarter, yet have market capitalizations that are boxcar numbers in the hundreds of millions of dollars, and in some cases in the billions of dollars. Chris, Matt and the rest of the Savage team will be critical players in Acquired Sales Corp.’s continued growth, acquisitions, and strategic planning. We are very excited to have them as our partners going forward!”

About Acquired Sales Corp.
Acquired Sales Corp. (OTCQX ticker symbol AQSP ) is focused upon investing in rapidly growing companies that make hemp-derived, cannabinoid-infused products such as beverages, lotions, oils, dabs, saucy dmnds, flower, cartridges, disposable vapes, hemp cigarettes, tinctures, bath bombs, balms, body washes, and gummies. In February, 2020, AQSP acquired 100% of Warrender Enterprise Inc. d/b/a Lifted Made (formerly d/b/a Lifted Liquids) ( www.LiftedMade.com ), now located in Kenosha, Wisconsin. Lifted Made’s Urb Finest Flowers brand of hemp-derived delta-8-THC and CBD products is rapidly growing and is nationally recognized. Lifted Made has a 50% membership interest in SmplyLifted LLC, which sells tobacco-free nicotine pouches under the brand name FR3SH ( www.GETFR3SH.com ), and a 50% membership interest in LftdXSvg LLC, which plans to sell hemp-derived products containing THCV. AQSP also owns 4.99% of CBD-infused beverage and products maker Ablis Holding Company ( www.AblisBev.com ), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits ( www.CraterLakeSpirits.com ) and Bend Spirits, Inc. ( www.Bendistillery.com ), all located in Bend, Oregon. Please read AQSP’s filings with the U.S. SEC which fully describe our business and the Risk Factors associated therewith. Learn more by subscribing to our newsletters at www.LiftedMade.com and www.AcquiredSalesCorp.com .

About Savage Enterprises
Based in Irvine, California, Savage Enterprises was founded in 2014 by co-owners Christopher G. Wheeler and Matt Winters. Savage Enterprises is a manufacturer and distributor of hemp-derived products, including CBD and delta 8 THC products (under the brand name Delta Effex), e-liquids, and kratom. Savage Enterprises has a 50% membership interest in LftdXSvg LLC, which plans to sell hemp-derived products containing THCV. Savage Enterprises also owns 46% of MKRC, 51% of RJMC Brands, LLC, 6% of AAA, LLC, and 33% of Remediez. For more information about Savage Enterprises, please visit www.SavageEnterprises.com .

Cautionary Note Regarding Forward-Looking Statements Certain statements in this document are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes the growth and profitability strategies, and future products and plans of Savage Enterprises, Premier Greens LLC, MKRC LLC, SmplyLifted LLC, LftdXSvg LLC, Lifted Made and Acquired Sales Corp. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to the actual results of these companies’ operations or the performance or achievements of these companies differing materially from those expressed or implied by the forward-looking statements. These companies undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain other factors, including the risk factors set forth in Acquired Sales Corp.’s filings with the Securities and Exchange Commission.

CONTACTS:

Lifted Made
Attn: Nicholas S. Warrender, Founder and CEO
Phone: 224-577-8148
Email: [email protected]
Website: www.LiftedMade.com

Acquired Sales Corp.
Attn: William C. “Jake” Jacobs, CPA, President and CFO
Phone: 847-400-7660
Email: [email protected]
Website: www.AcquiredSalesCorp.com

Savage Enterprises
Attn: Brittany Warner
Phone: 714-612-1091
Email: [email protected]
Website: www.SavageEnterprises.com

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

About Ryan Allway

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

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