Columbia – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Tue, 26 Mar 2024 02:27:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 One World Products, Inc. Secures Exclusive Rights With Procepack for State-of-the-Art PreRoll-Er Equipment in Colombia https://mjshareholders.com/one-world-products-inc-secures-exclusive-rights-with-procepack-for-state-of-the-art-preroll-er-equipment-in-colombia/ Tue, 26 Mar 2024 02:27:47 +0000 https://cannabisfn.com/?p=2974329

Ryan Allway

March 25th, 2024

News, Top News, Top Story


LAS VEGAS, NV, March 25, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — One World Products, Inc. (“OWP”) (OTCQB: OWPC), a trailblazer in hemp and cannabis production, proudly announces an exclusive agreement with Procepack Corp., the acclaimed global leader in packaging line and automated integration equipment. This agreement grants OWP the perpetual exclusive rights to purchase advanced PreRoll-Er™ fully automated pre-roll filler systems within Colombia, contingent on meeting production volume targets and future equipment acquisitions.

The PreRoll-Er™ 400 system is a testament to efficiency, capable of producing up to 2,200 pre-roll products per hour – that’s 17.6K daily, approximately 370K monthly, and over 4.5 million annually, with a complete packaging solution included. This marks a significant advancement in OWP’s production capabilities and positions the company to scale its operations to unprecedented levels.

Under the terms of the agreement, effective February 26, 2024, Procepack will support OWP’s expansion in the expanding global cannabis market by ensuring access to cutting-edge technology that streamlines the production process. Procepack, known for its robust portfolio of innovative machinery brings expertise in labelers, cappers, liquid fillers, and other complementary machines, all made in their Quebec factory.

Isiah Thomas, CEO and Chairman of One World Products, expressed his enthusiasm: “Partnering with PreRoll-Er™ represents a significant leap forward for OWP in our production technology. The model 400 system will dramatically enhance our efficiency and output, helping us keep pace with the growing demand for our products. This agreement not only demonstrates our mutual commitment but also solidifies OWP’s foothold as an industry powerhouse.”

Francis Bouchard, Marketing Director of PreRoll-Er™, explained: “Partnering with OWP will help us open a brand-new market for our machines. As the world’s largest cannabis producer, Colombia is a very interesting market for us, and we’re excited to start this journey with a solid partner like One World Products.”

The pre-roll market has shown remarkable growth in both the US and Canada, a trend that is expected to reflect globally. As the third most popular cannabis product category in the US and the second in Canada, pre-rolls have seen a 13.4% growth in the US and a substantial 36.5% growth in Canada. This surge indicates a flourishing market with vast global potential, positioning OWP favorably in its strategic expansion to meet the rising international demand.

About Procepack Corp.

Procepack is a premier manufacturer and integrator, providing packaging solutions to the food, pharmaceutical, cosmetics, and chemical industries. With a commitment to excellence and growth, Procepack offers unmatched after-sales support and repurchase options for old machinery, reinforcing their clients’ development. PreRoll-Er is a trademark by Procepack Corp. for the cannabis industry.

For more information, please visit https://preroll-er.com/.

About One World Products, Inc. (OTCQB: OWPC)

One World Products is a fully licensed hemp and cannabis producer with offices in Las Vegas, Nevada, and offices and operations in Bogota and Popayan, Colombia. One World Products planted its first crop of cannabis in 2018 at its cultivation site in Popayan, Colombia, and began harvesting commercially in the first quarter of 2020.

For more information, please visit https://oneworldproducts.com/. #HempIsTheNewPlastic (TM)

Forward-Looking Statements:

This press release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at www.sec.gov.

All forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement was made, except to the extent required by applicable securities laws.

Investor Contact:

ClearThink IR
bloper@clearthink.capital
602-785-4120

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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Allied Corp. Announces Completion of First THC Flower Harvests Now Offered for Sale and Export From Colombia https://mjshareholders.com/allied-corp-announces-completion-of-first-thc-flower-harvests-now-offered-for-sale-and-export-from-colombia/ Fri, 21 Oct 2022 16:18:04 +0000 https://www.cannabisfn.com/?p=2966276

Ryan Allway

October 21st, 2022

News, Top News


KELOWNA, British Columbia, Oct. 21, 2022 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce that it has now completed its first two THC harvests and is preparing that product for sale and export. Allied only sells and ships Colombian produced cannabis flower to countries where it is legal to do so.

In June 2022, Allied was the first company to export dried cannabis from Colombia. Allied’s shipments of 272kgs, 200kgs, 1728kgs and 3425kgs have shown an established supply chain at commercial scale.

On or about September 17th, 2022 Allied harvested its first THC harvest. This was comprised of 2200 plants. This product was dried, cured and trimmed to prepare the product for sale and export. On or about October 16th, 2022 the second harvest of 6100 plants was harvested and is now getting dried and cured and will be tested before being offered for sale and export. The production pipeline has additional work packages of approximately 6000 plants being harvested every 2-3weeks. Every 1000 plants represents approximately 200-250kgs of dried cannabis product depending on the variety.

The laboratory analysis for the first harvest showed a total cannabinoid percentage of 28.13% with a rich terpene and flavonoid profile.

Allied’s clients and supply channel partners span five (5) world continents that include Australia, Europe, Asia, South America, and North America. Allied’s relationships with international partners are based on sustainable, long-term agreements that were designed with the Allied Inside™ supply chain in mind.

“We are excited to continue to follow through with our plan to bring high quality Colombian grown THC flower to international markets. The advantages that Colombian production offer are many. The cost and quality advantages within a de-risked supply chain is positioning Allied to disrupt the global cannabis production channel. In addition to this, Allied is also examining our carbon footprint. High electricity costs and energy consumption within the global cannabis industry is really garnering attention. We have examined our natural production environment in Colombia and with each harvest we continue to provide a carbon neutral premium product at scale,” said Calum Hughes, CEO and Chairman of the Board.

About Allied Corp. – CLICK HERE

Click here for Allied Inside™ business model website: CLICK HERE

Allied Corp. is an international cannabis company with its main production center in Colombia and is one of the few companies that has exported from Colombia internationally and the first company to export commercial cannabis flower from Colombia. In addition to this, Allied has three CBD-brands to market with products selling in the United States.

Investor Relations:
[email protected]
1-877-255-4337

Forward-Looking Statements:
This press release contains “forward-looking information” within the meaning of applicable securities laws in Canada or the United States (“forward-looking information”). Forward-looking information may relate to the Company’s future outlook and anticipated events, plans or results, and may include information regarding the Company’s objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as “believe,” “anticipate,” “plan,” “expect,” “pending,” “in process,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company’s opinions, estimates and assumptions in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances. Forward looking statements in this press release include the following: that Allied is leveraging the conditions in its Colombia grow operation and future Kelowna location to support its Research and Development efforts; that Allied is making important strides forward to position itself as a leader in the medical cannabis space, that Allied intends to make a series of proposed trademark and other intellectual property protection filings, as part of the Company’s Intellectual Property and Pharma Development (IP&PD) Strategy, statements respecting the joint development, manufacturing, and the introduction of TACTICAL RELIEF™ branded products.

There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Risk factors that could cause actual results to differ materially from forward-looking information in this release include: the Company’s exposure to legal and regulatory risk; the effect of the legalization of adult-use cannabis in Canada and Colombia on the medical cannabis industry is unknown and may significantly and negatively affect the Company’s medical cannabis business; that the medical benefits, viability, safety, efficacy, dosing and social acceptance of cannabis are not as currently expected; that adverse changes or developments affecting the Company’s main or planned facilities may have an adverse effect on the Company; that the medical cannabis industry and market may not continue to exist or develop as anticipated or the Company may not be able to succeed in this market; risks related to completion of the greenhouse construction in Colombia, risks related to market competition; risks related to the proposed adult-use cannabis industry and market in Canada and Colombia including the Company’s ability to enter into or compete in such markets; that the Company has a limited operating history and a history of net losses and that it may not achieve or maintain profitability in the future; risks related to the Company’s current or proposed international operations; risks related to future third party strategic alliances or the expansion of currently existing relationships with third parties; that the Company may not be able to successfully identify and execute future acquisitions or dispositions or successfully manage the impacts of such transactions on its operations; risks inherent to the operation of an agricultural business; that the Company may be unable to attract, develop and retain key personnel; risks resulting from significant interruptions to the Company’s access to certain key inputs such as raw materials, electricity, water and other utilities; that the Company may be unable to transport its cannabis products to patients in a safe and efficient manner; risks related to recalls of the Company’s cannabis products or product liability or regulatory claims or actions involving the Company’s cannabis products; risks related to the Company’s reliance on pharmaceutical distributors; that the Company, or the cannabis industry more generally, may receive unfavorable publicity or become subject to negative consumer or investor perception; that certain events or developments in the cannabis industry more generally may impact the Company’s reputation or its relationships with customers or suppliers; that the Company may not be able to obtain adequate insurance coverage in respect of the risks that it faces, that the premiums for such insurance may not continue to be commercially justifiable or that there may be coverage limitations and other exclusions which may result in such insurance not being sufficient; that the Company may become subject to liability arising from fraudulent or illegal activity by its employees, contractors, consultants and others; that the Company may experience breaches of security at its facilities or losses as a result of the theft of its products; risks related to the Company’s information technology systems; that the Company may be unable to sustain its revenue growth and development; that the Company may be unable to expand its operations quickly enough to meet demand or manage its operations beyond their current scale; that the Company may be unable to secure adequate or reliable sources of necessary funding; risks related to, or associated with, the Company’s exposure to reporting requirements; risks related to conflicts of interest; risks related to fluctuations in foreign currency exchange rates; risks related to the Company’s potential exposure to greater-than-anticipated tax liabilities; risks related to the protection and enforcement of the Company’s intellectual property rights, or the intellectual property that it licenses from others; that the Company may become subject to allegations that it or its licensors are in violation of the intellectual property rights of third parties; that the Company may not realize the full benefit of the clinical trials or studies that it participates in; that the Company may not realize the full benefit of its licenses if the licensed material has less market appeal than expected and the licenses may not be profitable; as well as any other risks that may be further described in and the risk factors discussed in the Company’s continuous disclosure including its Management’s Discussion and Analysis sections in its Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K filed under the Company’s profile at www.sec.gov.

Although management has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking information in this presentation, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information in this presentation. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers and viewers should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this release represents the Company’s expectations as of the date of this release or the date indicated, regardless of the time of delivery of the presentation. The Company disclaims any intention, obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

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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Flora Growth Announces Joint Venture with Colombia’s Largest Indigenous Tribe to Process and Distribute Cannabis Products https://mjshareholders.com/flora-growth-announces-joint-venture-with-colombias-largest-indigenous-tribe-to-process-and-distribute-cannabis-products/ Tue, 02 Aug 2022 17:21:58 +0000 https://www.cannabisfn.com/?p=2957397

Ryan Allway

August 2nd, 2022

News, Top News


FORT LAUDERDALE, Fla. & TORONTO, August 02, 2022–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today a joint venture agreement with Pharma Indigena Misak Manasr Sas (“Manasr”), the largest indigenous tribe in Colombia, on the development of cultivation best practices, manufacturing, export, and marketing of cannabis and cannabis containing products.

Under the agreement, Flora will provide Manasr regulatory advice, technical and business support related to product development and distribution, promotion of products to be marketed under the Flora brand portfolio, and cannabis derivatives when needed to complete product production. Additionally, Manasr will work closely with Flora in developing cannabis pharmaceuticals & products and help advance the approvals and authorizations required for exports of cannabis from Colombia.

“We are honored to be given opportunity to work hand-in-hand with the Misak people,” said Luis Merchan, Flora’s Chairman and CEO. “Through this partnership, we will collaborate with the tribe on the processing and distribution of their Colombian-grown cannabis while offering Manasr a powerful platform for product distribution. In return, Flora will be able to leverage the tribe’s unique regulatory positioning to expedite exports and increase global market penetration of Colombian cannabis goods. We look forward to a long-standing relationship with such a powerful community partner.”

The initial term of the agreement is three (3) years; however, the intention is to create a lasting and mutually beneficial relationship for the foreseeable future.

About Flora Growth Corp.

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands delivering the most compelling customer experiences in the world, one community at a time. As the operator of one of the most extensive outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its commercial, house of brands, and life sciences divisions. Visit www.floragrowth.com or follow @floragrowthcorp on social media for more information.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains ‘‘forward-looking statements,’’ as defined by federal securities laws. Forward-looking statements reflect Flora’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “believe,” “expect,” “anticipate,” “will,” “could,” “would,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” and the negatives of these words and other similar expressions generally identify forward looking statements. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in Flora’s Annual Report on Form 20-F filed with the SEC on May 9, 2022, as such factors may be updated from time to time in Flora’s periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in Flora’s filings with the SEC. While forward-looking statements reflect Flora’s good faith beliefs, they are not guarantees of future performance. Flora disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Flora (or to third parties making the forward-looking statements).

Contacts

Investor Relations:
James Williams
[email protected]

Public Relations:
Cassandra Dowell
+1 (858) 221-8001
[email protected]

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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Allied Corp Successfully Ships First Commercial Cannabis Flower Export From Colombia to International Market https://mjshareholders.com/allied-corp-successfully-ships-first-commercial-cannabis-flower-export-from-colombia-to-international-market/ Wed, 29 Jun 2022 14:29:32 +0000 https://www.cannabisfn.com/?p=2953787

Ryan Allway

June 29th, 2022

News, Top News


KELOWNA, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce that it has completed the first shipment of commercial dried cannabis from Colombia to an international market.

On April 01, 2022 Colombia enacted the new legislation allowing for the legal export of dried cannabis produced in Colombia. In April 2022, Allied submitted several applications for export approvals. After many levels of regulatory inspections, analyses, discussions and questions, Allied’s first export approval came in June 2022. Allied has now executed on navigating the production, regulatory and transport logistics needed to ship the first commercial cannabis flower grown in Colombia and sold into an international market.

The supply contract for this first shipment is for 500kgs monthly and the first quantity shipped on June 28, 2022 was 200kg. The strain profile for this shipment is 18% CBD with THC levels that are under 0.3% THC (which is the legal limit within the United States).

“We did it! We are the first company to ship a commercial shipment of dried cannabis to an international market. This accomplishment speaks to the quality of our team, and most importantly our product. 2 years of genotyping and phenotyping has led us to our current genetics that are proving to be superior in terms of cannabinoid profiles, as well as being pest and mold resistant. Our certificates of analyses validate this. This has been no easy feat. With this proven accomplishment we are now focused on fulfilling the additional signed purchase contracts and growing the international relationships with companies all over the world.” said Calum Hughes, CEO and Chairman of the Board.

In addition to the shipment above, Allied has submitted to the controlled substance office in Colombia for export approvals for many additional shipments (outlined below). These all come on the heels of Allied’s first known legal approval to export Colombian-produced dried cannabis to an international market.

  • 500kgs monthly for the shipment described above.
  • 1000kg destined for Australia of which and initial order of 200kgs is being processed for Australia via Switzerland.
  • 7100kg order for a company based out of Zurich, Switzerland.
  • 1000kg recurring monthly order for a multi-state operator based in the United States.
  • 50kg recurring monthly order for Australia.
  • Allied currently has 5800 THC plants in the ground and another 15,000 clones of THC plants created for multiple batches to fulfill our 2022 quota. The Allied THC flower harvest will begin on or about August 15, 2022 and will be available for sale in September 2022.

“All of the links of the supply chain have clicked together to achieve this important milestone for the company. From decades of production expertise, manufacturing and supply chain quality assurance, regulatory expertise and logistics coordination – the team has performed! We have always followed through on what we said we were going to – this is yet another validation of this. We can now boldly claim that we were the first to pull it off – Colombian grown cannabis for the international marketplace. Watch out for what we have in store for THC flower,” continued Hughes.

About Allied Corp. – CLICK HERE

Click here for Allied Inside™ business model website: CLICK HERE

Allied Corp. is an international cannabis company with its main production center in Colombia and is one of the few companies that has exported from Colombia internationally. In addition to this, Allied has three CBD-brands to market with products selling in the United States. Lastly, Allied has both Cannabinoid and psilocybin products in the pharmaceutical development track seeking pharma drug indications for depression, anxiety and PTSD.

Investor Relations:
[email protected]
1-877-255-4337

Forward-Looking Statements:
This press release contains “forward-looking information” within the meaning of applicable securities laws in Canada or the United States ( “forward-looking information”). Forward-looking information may relate to the Company’s future outlook and anticipated events, plans or results, and may include information regarding the Company’s objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as “believe,” “anticipate,” “plan,” “expect,” “pending,” “in process,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company’s opinions, estimates and assumptions in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances. Forward looking statements in this press release include the following: that Allied is leveraging the conditions in its Colombia grow operation and future Kelowna location to support its Research and Development efforts; that Allied is making important strides forward to position itself as a leader in the medical cannabis space, that Allied intends to make a series of proposed trademark and other intellectual property protection filings, as part of the Company’s Intellectual Property and Pharma Development (IP&PD) Strategy, statements respecting the joint development, manufacturing, and the introduction of TACTICAL RELIEF™ branded products.

There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Risk factors that could cause actual results to differ materially from forward-looking information in this release include: the Company’s exposure to legal and regulatory risk; the effect of the legalization of adult-use cannabis in Canada and Colombia on the medical cannabis industry is unknown and may significantly and negatively affect the Company’s medical cannabis business; that the medical benefits, viability, safety, efficacy, dosing and social acceptance of cannabis are not as currently expected; that adverse changes or developments affecting the Company’s main or planned facilities may have an adverse effect on the Company; that the medical cannabis industry and market may not continue to exist or develop as anticipated or the Company may not be able to succeed in this market; risks related to completion of the greenhouse construction in Colombia, risks related to market competition; risks related to the proposed adult-use cannabis industry and market in Canada and Colombia including the Company’s ability to enter into or compete in such markets; that the Company has a limited operating history and a history of net losses and that it may not achieve or maintain profitability in the future; risks related to the Company’s current or proposed international operations; risks related to future third party strategic alliances or the expansion of currently existing relationships with third parties; that the Company may not be able to successfully identify and execute future acquisitions or dispositions or successfully manage the impacts of such transactions on its operations; risks inherent to the operation of an agricultural business; that the Company may be unable to attract, develop and retain key personnel; risks resulting from significant interruptions to the Company’s access to certain key inputs such as raw materials, electricity, water and other utilities; that the Company may be unable to transport its cannabis products to patients in a safe and efficient manner; risks related to recalls of the Company’s cannabis products or product liability or regulatory claims or actions involving the Company’s cannabis products; risks related to the Company’s reliance on pharmaceutical distributors; that the Company, or the cannabis industry more generally, may receive unfavorable publicity or become subject to negative consumer or investor perception; that certain events or developments in the cannabis industry more generally may impact the Company’s reputation or its relationships with customers or suppliers; that the Company may not be able to obtain adequate insurance coverage in respect of the risks that it faces, that the premiums for such insurance may not continue to be commercially justifiable or that there may be coverage limitations and other exclusions which may result in such insurance not being sufficient; that the Company may become subject to liability arising from fraudulent or illegal activity by its employees, contractors, consultants and others; that the Company may experience breaches of security at its facilities or losses as a result of the theft of its products; risks related to the Company’s information technology systems; that the Company may be unable to sustain its revenue growth and development; that the Company may be unable to expand its operations quickly enough to meet demand or manage its operations beyond their current scale; that the Company may be unable to secure adequate or reliable sources of necessary funding; risks related to, or associated with, the Company’s exposure to reporting requirements; risks related to conflicts of interest; risks related to fluctuations in foreign currency exchange rates; risks related to the Company’s potential exposure to greater-than-anticipated tax liabilities; risks related to the protection and enforcement of the Company’s intellectual property rights, or the intellectual property that it licenses from others; that the Company may become subject to allegations that it or its licensors are in violation of the intellectual property rights of third parties; that the Company may not realize the full benefit of the clinical trials or studies that it participates in; that the Company may not realize the full benefit of its licenses if the licensed material has less market appeal than expected and the licenses may not be profitable; as well as any other risks that may be further described in and the risk factors discussed in the Company’s continuous disclosure including its Management’s Discussion and Analysis sections in its Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K filed under the Company’s profile at www.sec.gov.

Although management has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking information in this presentation, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information in this presentation. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers and viewers should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this release represents the Company’s expectations as of the date of this release or the date indicated, regardless of the time of delivery of the presentation. The Company disclaims any intention, obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

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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