Vapes – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Wed, 23 Nov 2022 16:45:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 CBD Vapes Benefits: What Is a CBD Vape Meant To Do? https://mjshareholders.com/cbd-vapes-benefits-what-is-a-cbd-vape-meant-to-do/ Wed, 23 Nov 2022 16:45:24 +0000 https://www.thecannifornian.com/?p=22003 Why would someone want to vape CBD? Why not simply use CBD oil or ingest an edible? And what is a CBD vape meant to do? Looking for answers?

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Sponsored Content

All-natural, hemp-derived CBD is not online popular on the consumer market because it’s legal (although that does help). The compound’s millions of fans enjoy the fact that CBD allows them to experience the wellness benefits of cannabinoids without the associated high of a compound like THC. And these days, more than a few CBD fanatics will tell you that vaping is their preferred method for enjoying these benefits. As it stands, CBD vapes, including vape pens and vape carts, are among the most popular products sold. But why would someone want to vape CBD? Why not simply use CBD oil or ingest an edible? And what is a CBD vape meant to do?

Looking for answers? We’ve got them!

Are CBD Vapes Right For Me?

CBD is the non-intoxicating (it won’t get you high) cousin of THC that offers users a whole host of wellness benefits. People praise this hemp-derived cannabinoid for its ability to help with sleep, stress, digestion, mood, and much more. Yet there are so many ways to experience its benefits — gummies, dabs, drinks, oils — many consumers ask, “are CBD vapes right for me?”

It’s a personal question that each user has to determine for themselves. What we can tell you is that there are two ways to use CBD vapes that are recommended for beginners, which are as follows: 

  • CBD Disposable Vapes (Vape Pens)
  • CBD Vape Carts

What’s the difference between the two? We’re glad you asked!

CBD Vapes: What Is a CBD Disposable Vape?

By now, many of you may be familiar with vape pens, the small, discreet vaping devices prevalent among consumers across the country. These products are pre-filled with nicotine or THC juices and work with the push of a button. Over the past five years, vape pen technology has evolved immensely, allowing such products to corner the market.

CBD Disposable Vapes are vape pens pre-filled with CBD vape juice. What’s great about these devices, especially for beginners, is that they are incredibly convenient. As we just noted, they come pre-filled with CBD oil. But they also include a fully charged battery, allowing users to begin vaping them right out of the box. The best part? When you’re done with one, you toss it in the trash and move on to a new pen. 

Reputable retailers like Diamond CBD offer a variety of CBD disposable vapes, often in various strains such as Blue Dream, Sour Diesel, Pineapple Express, and Wedding Cake. 

CBD Vapes: The Benefits of CBD Vape Carts

For those who prefer to take things to the next level with their CBD Vapes, you may want to explore CBD Vape Carts. When you purchase a cart or cartridge, you receive a pre-filled tank — again, full of CBD oil or vape juice. However, you need a battery to connect to the cart.

The benefit of using vape carts is that they are rechargeable. Typically, you’ll need a 510-compatible battery. You screw the cart onto your battery and enjoy. You toss it out and screw on a new cart when it’s empty. Like disposables, CBD vape carts come in various strains and flavors. 

What Are the Benefits of CBD Vapes?

Studies show that CBD has many wellness benefits, but users should note that CBD vapes have several advantages over other administration methods, such as edibles or oils. Notably, vaping provides the highest bioavailability of any delivery method. Bioavailability measures the percentage of CBD in the product that enters your bloodstream. Short of injecting CBD directly into your veins, you won’t achieve a higher bioavailability than vaping. Oils, dabs, gummies, drinks, and capsules all lose a significant amount of CBD as they are absorbed into the fatty tissues in your digestive system. 

What’s the other benefit? CBD Vapes have the fastest onset time. Onset time is the time it takes to start feeling the physical effects of CBD. Whereas the CBD in edibles and other products takes time to work its way into your bloodstream, vapor, when inhaled, enters the bloodstream almost instantly. Many CBD users with sudden onset issues such as anxiety cite onset time as a significant factor in their decision to go with vaping over edibles. 

CBD Vapes: The Takeaway

CBD is one of, if not the most prevalent cannabinoid available on the legal market today. Consumers have a multitude of options at the ready, from edibles to oils to concentrates. Retailers like Diamond CBD have a large selection of products from which you can choose, and trust us; you’ll be happy that you did! However, if you’re looking for something that’s fast-acting and doesn’t waste any of the compound, CBD Vapes should be high on your list.

sponsored content placed by Exploratus, LLC,  Adam Mizrahi adam@creativepl.com 

The news and editorial staff of the Bay Area News Group had no role in this post’s preparation.

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From the Tabletop to Your Pocket: Here’s How Vaping Has Evolved https://mjshareholders.com/from-the-tabletop-to-your-pocket-heres-how-vaping-has-evolved/ Sun, 25 Sep 2022 12:44:43 +0000 https://www.thecannifornian.com/?p=21936 Cannabis enthusiasts choose to vape for many reasons, but the most common is that it produces a more intense high. The plant does not combust, so no smoke is produced,

The post From the Tabletop to Your Pocket: Here’s How Vaping Has Evolved appeared first on The Cannifornian.

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Vaping 101

Over the past decade, vaping cannabis has gone from a tedious process involving an expensive tabletop device to one of the simplest, most portable, and most discrete methods of consuming the plant. The sheer volume and available vaping devices can be overwhelming and confusing for your average consumer. 

What Is Vaping?

Vaping is consuming cannabis flower or concentrate via a device like a Volcano or pen. These devices heat the cannabis to a temperature at which it vaporizes and is then inhaled. The plant or concentrate is never burned, so no smoke is produced. 

Why Do People Vape?

Cannabis enthusiasts choose to vape for many reasons, but the most common is that it produces a more intense high. The plant does not combust, so no smoke is produced, leading many to believe it’s a healthier option. The smell is also less intense than smoking flower. In fact, it can be almost nonexistent, depending on the device you use. The newest devices like pens are discreet, easy to use, and offer consistent dosing.

What Do People Vape?

Flower is the most traditional and old-school product that people vaporize. More common now is THC oil extracted from the cannabis plant through a chemical process. Relatively newer cannabis concentrates like live rosin, an oil made in a flash-freezing process, are growing in popularity.

Regardless of the type of concentrate you use, vape pens are big business. Sales of the devices, or cartridges used with the devices, are seeing double-digit growth each year. People bought more than $2.6 billion worth of them in 2021.

What Do People Vape?
Photo: Andriy Popov via 123RF

Here are three of the most popular types of vaping devices:

The Tabletop/Desktop Device

Before 2010, there was really just one way to vape: Tabletop (or desktop, depending on who you talk to) devices like The Volcano, released in 2001. These devices are comparable monsters next to the prevalent pens. And they’re expensive.

The Volcano itself is an 8-inch wide device that weighs more than 3 pounds and starts at $479.

Vaping with a tabletop device involves vaporizing dry cannabis flower through a convection heating process that can take up to six minutes. The vapor typically fills up a large bag you can inhale it from for an intense high.

Portable Dry Herb and Concentrate Vapes

Recently, technology has emerged that’s allowed for portable devices that work much the same way The Volcano works—except they’ll fit in your pocket.

Typically using either a convection or conduction heating process, these little guys quickly heat dry flower (or concentrates, like wax) to a vapor that can be inhaled discreetly.

An app typically accompanies portable dry vaporizers, allowing you to control and fine-tune the temperature at which you vape. The best will remember your favorite settings for each strain or type of product you’re consuming. 

You can expect to pay anywhere from $100 to $300 for a dry herb vape.

Vape Pens

Around the same time as over-the-counter nicotine vape devices like the Juul were taking off, the same technology created similar devices for cannabis. In fact, one of the most popular cannabis vape pens— like Pax—were developed by the same company as the nicotine-focused Juul.

These devices are the cheapest option and range from being designed as disposable products to high-end, thoughtfully designed devices with connected smartphone apps that, like the dry herb vapes mentioned above, allow for precise heat settings and remember your preferences.

Disposable vape pens are usually discreet and in the $25 to $50 range, depending on the brand, quality of the product, and the amount of cannabis concentrate. This can range from 35 mg to a whole gram but typically lands at half a gram. And while they’re often the choice of weed tourists and have a reputation for low quality, many now focus on terpene flavors and cannabinoid contents (CBD, CBG, etc.). Some are even made with the newer, terpene- and cannabinoid-rich concentrates like live rosin.

The most common vape pen consists of two pieces: a body (called a “battery”) that looks like a pen and a cartridge containing some sort of cannabis concentrate that screws on the top. Some pens require you to push a button before inhaling, while others turn on automatically when they detect inhalation. Most batteries are rechargeable using a USB connector.

Depending on the simplicity of the tech in the battery, they can range from $5 to hundreds of dollars. Meanwhile, the cartridges—typically 0.5 grams or a full gram— are in the $25 to $50 range, depending on the type of concentrate and quality of the ingredients.

Whether you want to go old school with a desktop conversation starter or are looking for a more discreet method to get that distinct vape high, these options will get you there.

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Clear Cannabis Inc. Partners with Stash House, New Mexico https://mjshareholders.com/clear-cannabis-inc-partners-with-stash-house-new-mexico/ Tue, 12 Jul 2022 23:07:25 +0000 https://www.cannabisfn.com/?p=2955266

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as “expects”, “will”, “anticipates”, and “estimates”; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief “snapshot” of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled “Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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Ready, Set, Toke: 10 Must-Have Cannabis Accessories for Summer https://mjshareholders.com/ready-set-toke-10-must-have-cannabis-accessories-for-summer/ Thu, 23 Jun 2022 18:44:57 +0000 https://www.thecannifornian.com/?p=21811 Here are the 10 must-have cannabis accessories that will make you the most popular person at the party and ensure your cannabis-filled summer is one to (hazily) remember!

The post Ready, Set, Toke: 10 Must-Have Cannabis Accessories for Summer appeared first on The Cannifornian.

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Summer is right around the corner. The weather is getting milder in many parts of the U.S. And if you’re not already thinking about the shows, rooftops, trails, and festivals you want to hit, then, my friend, you’re already behind.

Are you like an increasing number of Americans living in states where cannabis is legal? In that case, those summer activities will involve weed—and perhaps a lot of it.

Here are the 10 must-have cannabis accessories that will make you the most popular person at the party and ensure your cannabis-filled summer is one to (hazily) remember!

A Plan

You’re going to be consuming intoxicating substances, quite possibly with people you don’t know very well, and in crowded or perhaps desolate spaces. Do you know where and when to meet up should you lose cell service? Do you have a buddy system in place? Do you have a ride-hailing app installed on your phone (and enough money on your credit card to pay for it)? Be like a Boy Scout and be prepared.

Mini-Prerolls 

Two trends have merged to make the old-school, 1-gram joint a thing of the past. First, we’re still in the middle of a global pandemic, and nobody needs to be swapping saliva and sharing a joint. Second, the notion of “more is better” has finally evolved within the cannabis sector to a “gradual is better.” This has opened up the market to all sorts of low-dose products, and one is mini-prerolls. Essentially, it’s a premade joint containing a half-gram (or less) of cannabis. No muss, no fuss, no spreading germs.

A Vape Device

Not everybody wants to inhale a combusted natural substance into their lungs, yet they still seek the instant gratification of a smoked high. Plus, nobody wants to wait 45 minutes for that edible to kick in. Vapes are cheap, discrete, and getting better. With technological improvements, the cannabis extracts available for vape usage are more like a “smoker’s high” than ever before. Look for live resin or rosin cartridges at your favorite store.

Edibles

OK, maybe you have a friend who doesn’t want to inhale any substance into their lungs. And perhaps they’re a gluten-free vegan with a soy allergy. Luckily, there are countless edibles options that will work for just about any diet. And technology in edibles is improving, too—while most will still take a good half hour to kick in, some brands are advertising “fast-acting” effects that a user could feel within 15 minutes of consumption.

Photo: FluxFactory via gettyimages.com

Stash Box 

Look: Weed might be legal where you live, but walking around smelling like a dispensary is just rude. And, let’s face it: It still draws unwanted attention from, well, let’s call them “certain authorities.” There are plenty of options—from bags to tubes and boxes that will hold your weed and keep that odor under control.

Beverages

First off, cottonmouth sucks. Second, cannabis beverages are all the rage, and they’re getting better, too. Many are delicious, and they leverage some of the same technology that edibles manufacturers are using to speed up the high. Having some regular old water is probably a good idea, too. 

Snacks 

Maybe stay away from the infused candies and pastries for this one, and have something quick to eat in case someone on your team needs it. There’s a fine line between the munchies and hangry.

Portable Bluetooth Speakers

You aren’t going hiking with some friends and smoking weed in silence, are you? Music is an integral part of the cannabis experience. But you already knew that.

The Right Bag

This all might sound like a lot, but it’s really nothing you couldn’t fit into a large backpack or tote. So, find your look at the right price range and remember: It should be waterproof and have lots of pockets.

Shades

You should probably have eye drops in that bag already, but just in case, keep those bloodshot eyes under wraps, look fantastic and remember that the future is bright.

With these 10 must-have accessories, you’re all set to have an exciting, ganja-packed summer you’re sure to remember!

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TILT Holdings and Timeless Refinery Launch Timeless Vapes in Ohio https://mjshareholders.com/tilt-holdings-and-timeless-refinery-launch-timeless-vapes-in-ohio/ Mon, 13 Jun 2022 14:40:28 +0000 https://www.cannabisfn.com/?p=2950841

Ryan Allway

June 13th, 2022

News, Top News


TILT connects subsidiaries Jupiter Research and Standard Farms to launch Timeless Vape Brand and Product offerings to the OH market; available today, June 13th, at select dispensary partners’ launch locations across the state

PHOENIX, June 13, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced that Timeless Refinery (“Timeless”) vaporization products are now available to medical patients in Ohio through a previously announced exclusive partnership.

Timeless is a longstanding client of TILT’s subsidiary, Jupiter Research, LLC (“Jupiter”) and a national cannabis lifestyle house of brands with products available in Arizona, Oklahoma, Missouri, California and now, Ohio through TILT’s subsidiary, Standard Farms LLC (“Standard Farms”). Timeless Vapes provide consumers with a convenient and engaging way to medicate and are now available to Ohio medical patients in the following choices: Energy for an uplifting experience, Chill for balance, and Rest for sleepy relaxation.

“I could not be prouder of our team’s ability to quickly activate our brand partners in new markets. In less than 90 days, and after thoughtful collaboration between the TILT, Standard Farms, Jupiter and Timeless teams, we are excited to launch three premium vape products along with Timeless’ unique flip case and battery hardware in Ohio,” said Gary Santo, CEO of TILT. “We hold a longstanding relationship with Timeless through our Jupiter business and look forward to again leveraging the best of TILT to bring an established West Coast brand to the East.”

“Timeless Vapes is excited to be coming east with a great partner in TILT to provide clean and effective cannabis medicine with innovative engagement to consumers through our pillars of community, culture, and legacy across the country, and we are thrilled to welcome Ohio patients into our community,” said Rocky Huang, founder of Timeless. “The Timeless, Jupiter and Standard Farms teams share a passion for research and development and consumer engagement. We believe this is reflected in the custom Ohio flip case, unique moods, and exciting flavor profiles we are bringing to market.”

Ohio patients can initially find the Timeless Vapes and flip case and battery combos at the following launch partner dispensaries: Rise, G-Leaf, Sunnyside, ZenLeaf, Herbology, Verdant, Bloom, Verilife, Strawberry Fields, and FRX. Dispensaries will be added to the Timeless website as they come online. Timeless will also be hosting on-site activations throughout the state with “Kindness Team” members sharing product education and promotions, including the availability of the “Welcome to Ohio Flip Case.” This starts Wednesday, June 14, at Rise in Cleveland (10:00a.m.-2:00p.m.), Rise Lakewood Detroit (3:00p.m. -5:00p.m.) and Rise Lakewood Madison (3:00p.m.- 5:00p.m.). Patients should call ahead to ensure launch timing and availability in their dispensary. More details on future activations can be found here: Ohio — Timeless Deals (timelesshob.deals)

About TILT
TILT helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production, TILT services brands and cannabis retailers across 37 states in the U.S., as well as Canada, Israel, South America and the European Union. TILT’s core businesses include Jupiter Research LLC, a wholly-owned subsidiary and leader in the vaporization segment focused on hardware design, research, development and manufacturing; and cannabis operations, Commonwealth Alternative Care, Inc. in Massachusetts, Standard Farms LLC in Pennsylvania, Standard Farms Ohio, LLC in Ohio, and its partnership with the Shinnecock Indian Nation in New York. TILT is headquartered in Phoenix, Arizona. For more information, visit www.tiltholdings.com.

Instagram: @tiltholdings
Twitter: @TILT_Holdings

About Timeless
Timeless was founded in 2011 with the vision of creating a leading lifestyle brand around high-quality cannabis products and unique engagement through our pillars of “Community, Culture, and Legacy.” Their passion for innovation, unique brand building, and customer engagement has led Timeless to be a leading national House of Brands in the industry. Today, Timeless operates in Arizona, California, Oklahoma, Ohio, and Missouri and is headquartered in Scottsdale, Arizona.

Forward-Looking Information
This news release contains forward-looking information based on current expectations. Forward-looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward looking information may include, without limitation, the expected performance of the collaboration between TILT, Jupiter, Standard Farms and Timeless, anticipated development of future product offerings, the opinions or beliefs of management, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies, and outlook of TILT, and includes statements about, among other things, future developments, the future operations, strengths and strategy of TILT. Generally, forward looking information can be identified by the use of forward looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. These statements should not be read as guarantees of future performance or results. These statements are based upon certain material factors, assumptions and analyses that were applied in drawing a conclusion or making a forecast or projection, including TILT’s experience and perceptions of historical trends, the ability of TILT to maximize shareholder value, current conditions and expected future developments, as well as other factors that are believed to be reasonable in the circumstances.

Although such statements are based on management’s reasonable assumptions at the date such statements are made, there can be no assurance that it will be completed on the terms described above and that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on the forward-looking information. TILT assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

By its nature, forward-looking information is subject to risks and uncertainties, and there are a variety of material factors, many of which are beyond the control of TILT, and that may cause actual outcomes to differ materially from those discussed in the forward-looking statements.

For additional information regarding forward-looking statements and their related risks, please refer to the “Risk Factors and Uncertainties” section in the Annual Information Form of the Company for the year ended on December 31, 2021, which is available on the Company’s SEDAR profile at www.sedar.com.

Company Contact:
Lynn Ricci, VP of Investor Relations & Corporate Communications
TILT Holdings Inc.
[email protected]

Investor Relations Contact:
Sean Mansouri, CFA
Elevate IR
[email protected]
720.330.2829

Media Contact
Juliet Fairbrother
MATTIO Communications
[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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Clear Cannabis Inc. Launches Legacy Brand The Clear™ In Montana Through Bloom MT Partnership https://mjshareholders.com/clear-cannabis-inc-launches-legacy-brand-the-clear-in-montana-through-bloom-mt-partnership/ Thu, 02 Jun 2022 16:25:04 +0000 https://www.cannabisfn.com/?p=2949619  

Denver, CO | June 02, 2022  Clear Cannabis Inc. (CCI), national licensor of legacy cannabis brand The Clear™ announces an exclusive partnership with licensed Cannabis provider Bloom Montana.

“We are ecstatic to establish this partnership and be one of the first nationwide cannabis brands in the great state of Montana,” said Seth Wiggins, President of CCI. “With a newly legalized adult-use market, we know there’s a growing demand for high quality, consistent cannabis products from a reputable brand. As pillars of brand value, The Clear will certainly deliver for the cannabis consumer in Montana.”

The Clear was one of the original cannabis brands and was the first to bring molecular distillation to the legal cannabis market in 2013. Since then, they have won multiple cannabis industry awards for their products and all-natural flavors, including awards in the High Times Cannabis Cup in Michigan, Las Vegas Cannabis Awards, and THC Classics in Colorado.

The Clear products will be available to purchase in Montana dispensaries starting in July 2022 and includes The Clear Elite distillate 1000mg and 500mg cartridges. They will also offer their Elite All-In-One 350mg disposable vape pen in their award-winning botanically derived flavors. The flavors include Blue Raz, Golden Goat, Grapevine, Lime Sorbet, Orange Cream, and OG.

“As a reliable, well-established brand providing high-quality, consistent products, The Clear is an ideal brand for Big Sky Country,” said John Hoofman Jr., Principal Owner of Bloom MT.

Consumers who are waiting to try The Clear products in Montana can find them starting in July primarily in the following regions ­– Billings, Bozeman, Missoula, Helena, Butte, Kalispell, Sidney, and Havre. The initial product launches will be at Bloom, Sweetgrass, and Fat Hippie dispensaries. Products will be made available to all Montana licensed distribution partners in the upcoming months. Contact The Clear directly to inquire at [email protected].

Following the launch of its flagship Elite Line this summer, The Clear is planning to bring both their ENDO live resin cartridges and TWAX Infused Pre-rolls to Montana in the latter half of 2022.

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Nextleaf Announces Q2 Results with Strong Revenue Growth in Vapes and CBD Oils https://mjshareholders.com/nextleaf-announces-q2-results-with-strong-revenue-growth-in-vapes-and-cbd-oils/ Tue, 31 May 2022 20:58:08 +0000 https://www.cannabisfn.com/?p=2949422

Ryan Allway

May 31st, 2022


Vancouver, British Columbia–(Newsfile Corp. – May 31, 2022) – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) (“Nextleaf” or the “Company“), a federally regulated manufacturer and distributor of cannabis vapes and oils, announced today its Q2 financial and operational results for the quarter ended March 31, 2022 (“Q2 2022“).

Glacial Gold continues to establish itself as one of the best-selling brands in vapes and CBD oil. I’m proud of our team for competing head-to-head against the largest cannabis companies in the world, and winning our key categories,” said Nextleaf Co-Founder and CEO, Paul Pedersen.

During Q2, Nextleaf sold more vapes and oils in B.C. than Canopy Growth, Tilray Brands, Aurora Cannabis, Organigram, Sundial, The Valens Company, and Medipharm Labs.

Key Highlights[1]

  • Glacial Gold™ is the #2 selling brand of CBD oils in British Columbia
  • Glacial Gold™ is the #6 selling brand of 1-gram vapes in British Columbia
  • Glacial Gold™ Anytime Vape is the #1 selling CBD forward vape SKU in British Columbia
  • Glacial Gold™ has the second most SKU listings for 1-gram vapes in British Columbia
  • 44% increase in market share quarter-over-quarter in the oil category
  • 14% increase in market share quarter-over-quarter in the vape category

Selected Financial Highlights

Selected financial highlights for the three months ended March 31, 2022, and March 31, 2021, was as follows:

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/5347/125924_nextle2.gif

For the quarter ended March 31, 2022, the Company reported revenue of $1,145,000, an increase of $1,014,000 as compared to revenue of $131,000 for the quarter ended March 31, 2021. The increase in revenue was a result of the Company having transitioned to a branded cannabis products company, with $825,710 in Glacial Gold™ product sales, and $319,602 in cannabis concentrate sales for the quarter ended March 31, 2022. Cost of sales for the quarter ended March 31, 2022, was $723,871, an increase of $114,225, compared to $609,646 for the quarter ended March 31, 2021. The increase in cost of sales was a result of increased sales activity. The use of cash in financing activities during the quarter ended March 31, 2022, was driven by convertible debenture repayments and facility lease payments.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/5347/125924_b3b75416a4e98aa4_002full.jpg

Key Milestones During Q2

Glacial Gold™ Distilled CBD 200 Oil became available nationally through Nextleaf’s Quebec-based medical cannabis distribution partner, Mendo, in January 2022. Glacial Gold Distilled CBD 200 Oil is the highest potency CBD product available in Canada.

Glacial Gold™ CBD and THC products became available in Nova Scotia through Nova Scotia Liquor Corporation cannabis stores in February 2022.

Nextleaf launched three new Glacial Gold™ vape SKUs in B.C., including two new flavours: Sunshine Punch and Sparkling Grape.

Cannavolve Inc. (“Cannavolve“) was engaged by Nextleaf to provide field coverage at cannabis retailers and support the national rollout of Glacial Gold™ products. Cannavolve has a wide network of cannabis sales reps throughout every major provincial market in Canada. The partnership will help Nextleaf drive increased distribution and same-store sales of its award-winning prohibition-era brand, Glacial Gold™.

Key Milestones Subsequent to Q2

Glacial Gold™ vapes and oils launched in the Ontario Cannabis Store (“OCS“) and are now available at retail stores across Ontario.

Nextleaf announced its expansion into the “Capsules” category, with Glacial Gold™ THC softgels.

The United States Patent and Trademark Office granted the Company its 18th issued U.S. patent.

Nextleaf announced a strategic agreement (the “Agreement“) with Hempcrete Natural Building Ltd. (“Hempcrete Natural“), an international construction company creating carbon neutral communities through sustainable, renewable, and stronger buildings. The Agreement permits Hempcrete Natural, on a non-exclusive basis, to commercialize certain Nextleaf intellectual property, specifically, a U.S. patent related to hemp biomass processing.

Change to Board of Directors

Nextleaf is pleased to announce the addition of Sam Kassem to its Board of Directors pending the issuance of his Health Canada security clearance. Mr. Kassem brings unique qualifications as a CFA charterholder with over 10 years of operational experience from servicing cannabis and hemp processors around the world. Sam Kassem is Co-Founder and President of Root Sciences Inc., one of North America’s largest providers of end-to-end processing equipment solutions.

Tim Gillis has resigned from the Board to pursue other interests. The Company would like to thank Mr. Gillis for his contribution since 2019 and wish him well on his future endeavors.

Financial Statements

The consolidated financial statements of the Company for the three months ended March 31, 2022 and accompanying MD&A have been filed with the securities regulators and are available on SEDAR at www.sedar.com under the Company’s issuer profile.

About Nextleaf Solutions Ltd.

Nextleaf® is a federally regulated manufacturer and distributor of cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold™. The Company’s multi-patented ingredient processing technology transforms cannabis and hemp biomass into high-purity distillate at an industrial scale. Nextleaf is a low-cost producer of cannabis oils, and supplier of THC and CBD ingredients to qualified wholesale partners across Canada. Nextleaf is the first publicly traded company to be issued a U.S. patent for the industrial extraction and purification of cannabinoids. The Company has been issued 18 U.S. patents, and over 95 patents globally, on cannabinoid processing including distillation and acetylation. Nextleaf develops cannabinoid-based formulations and delivery technology through its Health Canada Research Licence with sensory evaluation of cannabis via human testing. For more information visit www.nextleafsolutions.com and www.Glacial.Gold

Nextleaf trades as OILS on the Canadian Securities ExchangeOILFF on the OTCQB Market in the United States, and L0MA on the Frankfurt Stock Exchange.

Follow the Company: TwitterLinkedInFacebook, and Instagram.

Follow Glacial GoldInstagramTwitter, and Facebook.

Jason McBride, Corporate Development
604-283-2301 (ext. 219)
[email protected]

On behalf of the Board of Directors of the Company,
Paul Pedersen, CEO

Certain statements contained in this press release constitute “forward-looking statements” within the meaning of applicable securities laws. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the Company’s anticipated delivery of its products to provincial markets across Canada and those regarding the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s MD&A for the most recent fiscal period. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. The Canadian Securities Exchange has not reviewed or approved the contents of this press release.

[1] British Columbia market share by revenue according to BC Cannabis Wholesale sales data (January 1- March 31, 2022)

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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Aleafia Health Continues Ascent in Adult-Use Cannabis Market Share Rankings https://mjshareholders.com/aleafia-health-continues-ascent-in-adult-use-cannabis-market-share-rankings/ Tue, 24 May 2022 14:39:01 +0000 https://www.cannabisfn.com/?p=2948654

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce that its upward trend in market share, purchase orders, and new SKU launches has continued in 2022’s first four months, following on from the growth in the quarter ended December 31, 2021. The Company has seen strong advances in its largest adult-use categories: flower, pre-rolls and vapes.

The Company has now achieved more than four consecutive quarters of increases in adult-use cannabis market share, rising to 2.5% in April 2022, a 134% year over year increase over April 2021. Among Canadian licensed Cannabis producers, Aleafia Health achieved a record 13th in overall market share rank in April 2022, based on retail level sales pull through, up from 16th in the quarter ended December 31, 2021.(3)

Delivering Innovative New Products with Rapid Customer Uptake

At the Ontario Cannabis Store (“OCS”), sales for the recently launched Pineapple Nuken pre-roll 12 pack exceeded $1 million in the first four months of 2022 and sales of cropped harvest products were nearly $1 million in their first month.

Focused Product Portfolio on the Largest Adult-Use Product Categories

“On our Q4 2021 earnings call earlier this year, we committed to delivering on ambitious growth plans and the Company is now meeting and, in some cases, exceeding those targets,” said Aleafia Health’s CEO Tricia Symmes. “The Company has a superb, hard-working team, and strong consumer acceptance for its Sunday Market house of brands. It’s no wonder that our everyday brand Divvy has been among the OCS’ most searched product list for the last 14 months. It’s a very exciting time for the Company as quarter by quarter we build on our foundation and get increasingly more recognition among savvy industry participants who recognize we are here to compete.”

“By strategically creating a portfolio of 37 active SKUs in the OCS, with 12 additional SKUs launching in the Spring and Summer, we are laser focused on the largest margin, top revenue-generating product categories: flower, pre-roll and vapes, with 67% of our SKU listings in those categories,” said Symmes. “In AGLC we have 43 active SKUs, with 8 SKUs pending launch, and in that market 60% of our SKU listings are in those same three large product categories.”

Continued Scaling of a Diversified Revenue Mix

“Our top three selling products in the OCS year to date ended April 30, 2022, were $1.1 million in sales of Pineapple Nuken 12-pack pre-rolls, $0.9 million in sales of 14-gram Sour Kush flower and $0.7 million in sales of California Orange vape cartridges. All three of these products are under our everyday value brand, Divvy. This demonstrates that we are building a diversified portfolio of products across our three core adult-use categories,” said Aleafia Health’s CFO Matthew Sale.

“I am also pleased to announce that we have over $9.6 million in firm purchase orders from the provincial distributors to date this quarter which we anticipate filling before June 30, 2022. This is an important milestone for Aleafia as we continue to show growth in our adult-use sales while many of our peers are delivering deteriorating sales performance. Among the top 20 largest Canadian LPs, our growth rate in adult-use sales places us in the top quartile. The Company’s run-rate in adult-use net revenue of $28 million is incredible given in Q1 2021 we generated only $1.7 million in net revenue,” said Sale.

“We are very proud of our sales success and will continue to build on our progress in flower, pre-rolls and vapes, the three largest adult-use categories,” said Symmes. “But the Company is also a developer of innovative new products that will continue to drive our sales performance. As an example, we added Bogart’s Kitchen’s Red Habanero to our groundbreaking hot sauce lineup and a winterized resin CBD vape cartridge to our popular Divvy vape lineup. We also have a revolutionary sleep-related product in the product pipeline for summer under our Noon & Night brand. A great team plus new products, new formats, new categories, and leadership in the three largest adult-use categories, that along with our solid Emblem medical cannabis brand and developing momentum in international distribution, is Aleafia Health today.”

For Investor & Media Relations:

Matthew Sale, CFO
1-833-879-2533
[email protected]
LEARN MORE: www.AleafiaHealth.com

About Aleafia Health:

Aleafia Health, a vertically integrated and federally licensed Canadian cannabis company, owns three licensed cannabis production facilities, including the first large-scale, legal outdoor cultivation facility in Canadian history, and operates a strategically located distribution centre, all in the province of Ontario. The Company produces a diverse portfolio of cannabis derivative products including oils, capsules, edibles, sublingual strips, and vapes, for sale in Canada in the adult-use and medical markets and is pursuing opportunities in select international jurisdictions. The Company owns and operates a virtual network of medical cannabis clinics staffed by physicians and nurse practitioners.

Forward Looking Information

This news release contains forward-looking information within the meaning of applicable Canadian and United States securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including risks contained in the Company’s annual information form filed with Canadian securities regulators available on the Company’s SEDAR profile at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information included in this news release are made as of the date of this news release and the Company does not undertake any obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

1 Based on HiFyre data for the Company’s markets: Ontario, Alberta, British Columbia and Saskatchewan as of April 30, 2022.
2 Based on HiFyre data for the Company’s markets: Ontario, Alberta, British Columbia and Saskatchewan as of April 30, 2022.
3 Note retail level sales data is based on store financial information and is not the same metric as Aleafia Health revenue.

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Nextleaf Becomes Top 10 Supplier of Vapes and Oils in British Columbia (CSE:OILS) (OTCQB:OILFF) https://mjshareholders.com/nextleaf-becomes-top-10-supplier-of-vapes-and-oils-in-british-columbia-cseoils-otcqboilff/ Fri, 10 Dec 2021 16:40:51 +0000 https://www.cannabisfn.com/?p=2936272

Saskatchewan Market Entry

Nextleaf has shipped the initial order of Glacial Gold™ products to the Company’s distribution partner in Saskatchewan and expects nine Glacial Gold™ CBD and THC Vapes and Distilled Oils to be available at private cannabis retailers across Saskatchewan by the end of December 2021.

Nova Scotia Market Entry

The Company has received its first purchase order from the Nova Scotia Liquor Corporation and expects select Glacial Gold™ products to be available across Nova Scotia in the new year.

Distilled CBD 100 and Distilled CBD 200 Oil

Glacial Gold™ Distilled CBD 200 Oil is a first in Canada, with the highest amount of CBD in a single unit (5700 mg), highest potency of CBD available in an ingestible oil format (200 mg/g = 20%), and best dollar value per milligram for CBD in Canada.

Nextleaf has completed its first shipments of Glacial Gold™ Distilled CBD 100 Oil and Distilled CBD 200 Oil and expects both products to be available by the end of December 2021 at B.C. Cannabis Stores and private cannabis retailers across British Columbia and Saskatchewan.

Learn more about Glacial Gold™ at www.Glacial.Gold

About Nextleaf®

Nextleaf is a federally regulated producer of cannabis oil that distributes CBD and THC vapes and distilled oils under its award-winning prohibition-era brand, Glacial Gold™Nextleaf’s patented closed-loop automated extraction plant in Metro Vancouver efficiently transforms cannabis and hemp grown in British Columbia and throughout Canada into high-purity cannabis distillate at an industrial scale. Nextleaf is developing proprietary delivery technology and formulations through its Health Canada Research Licence with sensory evaluation of cannabis via human testing. The Company owns 17 U.S. patents and has been issued 95 patents globally.

Nextleaf Solutions trades as OILS on the Canadian Securities ExchangeOILFF on the OTCQB Market in the United States, and L0MA on the Frankfurt Stock Exchange.

Follow the Company across social platforms: TwitterLinkedIn, and Instagram.

www.nextleafsolutions.com

Follow Glacial Gold™ across social platforms: InstagramTwitter, and Facebook.

For more information please contact:
Jason McBride, Corporate Development
604-283-2301 (ext. 219)
[email protected]

On behalf of the Board of Directors of the Company,

Paul Pedersen, CEO

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those  regarding the Company’s ability to capitalize on its IP portfolio,the Company’s  strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s MD&A for the most recent fiscal period. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. The CSE has not reviewed or approved the contents of this press release.

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Red White & Bloom Brands Announces High Times Branded Vapes Available Throughout Michigan https://mjshareholders.com/red-white-bloom-brands-announces-high-times-branded-vapes-available-throughout-michigan/ Tue, 29 Jun 2021 16:26:01 +0000 https://www.cannabisfn.com/?p=2924536
High Times Red Label and Black Label vape cartridges.
High Times Red Label and Black Label vape cartridges.
  • Availability of Vapes adds to the successful High Times product line breadth in Michigan
  • The 20+ High Times SKU’s now available, coupled with RWB’s Platinum Vape branded SKUs, positions RWB to lead the state in branded product sales

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, is pleased to announce the successful launch of High Times branded vapes into the Michigan market.

Building on RWB’s partnerships that have successfully launched High Times branded packaged flower and pre-rolls earlier in the year, the Company is happy to see the introduction of 1-gram, High Times branded vape cartridges, which are offered in two series:

Black Label: Premium live resin vape cartridge

  • A connoisseur-level product made using fresh cannabis flower (as opposed to processed flower) which maintains the naturally fragrant terpene profile ensuring a top-shelf smoking experience.
  • Available strains: super lemon haze, LA kush cake and animal mints.

Red Label: distillate vape cartridge

  • Provides high potency concentrate for the price-conscious cannabis consumer.
  • Featuring the following strains:
    • Sativa: morning mimosa & sour strawberry mist;
    • Indica: fire chem; and
    • Hybrid: sour chem.

The High Times branded vapes, along with the previously launched flower and pre-rolls, are available at 22 of the State’s finest dispensaries which can be located with the following tool: click here and enter “Michigan” in the search field. In the second half of 2021, the High Times branded product portfolio will be made available to a significant number of the 250+ dispensaries in the State.

Brad Rogers, Chairman & CEO commented, “As I’ve stated before, we look forward to bringing exceptional quality, price and experience through our house of brands and product lines to loyal consumers in Michigan. We have been able to utilize partnerships in Michigan to establish branded product sales and are currently in the final steps of establishing our own operations in Michigan to allow us to utilize all that we have learned and leverage the investments we have made to accelerate that growth.”

About Red White & Bloom Brands Inc.

The Company is positioning itself to be one of the top three multi-state cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Florida, California, Oklahoma, Arizona and Massachusetts, with respect to cannabis, and the US and internationally for hemp-based CBD products.

For more information about Red White & Bloom Brands Inc., please contact:

Brad Rogers, CEO and Chairman
604-687-2038

Tyler Troup, Managing Director
Circadian Group IR
[email protected]

Visit us on the web: www.RedWhiteBloom.com

Neither the CSE 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 release.

FORWARD LOOKING INFORMATION

This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. There is no assurance that these transactions will yield results in line with management expectations. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with the implementation of the Company’s business plan and matters relating thereto, risks associated with the cannabis industry, competition, regulatory change, the need for additional financing, reliance on key personnel, market size, and the volatility of the Company’s common share price and volume. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

There are a number of important factors that could cause the Company’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others, risks related to the Company’s proposed business, such as failure of the business strategy and government regulation; risks related to the Company’s operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally; risks related to regulatory approvals. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. While the Company may elect to, it does not undertake to update this information at any particular time.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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