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FINORE MINING INC (PC) (FNREF)

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Last Post: 3/23/2017 5:41:19 PM - Followers: 10 - Board type: Free - Posts Today: 0




October 28, 2016 09:00 ET

Finore Mining Announces Letter Agreement for Acquisition of Kushtown USA LLC, a Leading California Marijuana Beverage Company
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 28, 2016) - Finore Mining Inc. ("Finore" or the "Company") (CSE:FIN) (CSE:FIN.CN) (OTC PINK:FNREF) is pleased to announce that it has signed a letter agreement dated October 27, 2016 (the "Assignment Agreement") with an arm's length private British Columbia company (the "Assignor"), pursuant to which the Assignor has assigned to the Company the rights and obligations of a letter agreement dated October 25, 2016 (the "Letter Agreement") between the Assignor and Kushtown USA, LLC ("Kushtown") a private California limited liability company. Pursuant to the terms of the Letter Agreement, the Company will acquire all of the issued and outstanding securities of Kushtown (the "Transaction").

About Kushtown USA (www.kushtownusa.com)
Kushtown USA LLC is a California based leading liquid edibles company that specializes in cannabis infused medicated water, sodas, hot sauces and barbecue sauces. Since 2000, Kushtown has been one of the leaders in marijuana beverages and edible products in California, with sales to over 200 medical marijuana dispensaries.
Kushtown currently markets and distributes:
Kushtown Sodas
Kushtown Water
Kushtown Hot Sauce
Kushtown BBQ sauce

Kushtown holds trademark rights to the Kushtown line of products, and management plans to leverage the established Kushtown brand name in California and aims to expand the Kushtown brand into the recreational cannabis market across North America, pending the November 8, 2016 vote in California and other States to legalize recreational marijuana.
California Proposition 64, the California Marijuana Legalization Initiative will be on the ballot on November 8, 2016
The accelerating pace of marijuana legalization in the United States has grabbed headlines around the world in the past few months. In the United States, four states (and the District of Columbia) already allow the use of recreational marijuana. On November 8, 2016, alongside the presidential election five more will vote on similar legalization - California, Nevada, Maine, Massachusetts and Arizona.

Medical marijuana has been given the green light in half of all U.S. states. Legal cannabis sales in the United States jumped 17 percent, to $5.4 billion, in 2015 and are expected to grow by 25 percent this year, to $6.7 billion, according to Arcview Market Research.

By 2020 legal cannabis sales in the United States are projected to hit $21.8 billion. California currently accounts for 49 percent of all US cannabis sales by state and it is predicted that the legal cannabis market will see a whopping $21.8 billion in total annual sales by 2020. (By comparison, at that point, the legal marijuana market could be bigger than the National Football League, which saw roughly $12 billion of revenue last year but is aiming to reach $25 billion by 2027.)

Kushtown is well positioned to capitalize on the changing legislation in the marijuana industry in California and the company plans to execute an aggressive marketing and distribution plan to expand the Kushtown brand of liquid edibles across North America. Management of Kushtown has built an excellent reputation operating in California's medical marijuana market and is a leading liquid edibles company in California. With California's potential move towards legalization, Kushtown is planning an aggressive growth strategy and is currently in the process of acquiring a high output automated bottling and packaging plant to be installed and operational in the coming weeks.
 
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FNREF News: KUSHTOWN USA AND FINORE WORKING TO FINALIZE TRANSACTION 11/28/2016 09:00:00 AM
FNREF News: FINORE MINING MAKES FIRST PAYMENT TO VENDORS OF KUSHTOWN USA AND ENGAGES REAL ESTATE FIRM TO SOURCE PROPERTY FOR MANUFACTURING 11/04/2016 09:00:00 AM
FNREF News: FINORE MINING PROVIDES UPDATE ON CALIFORNIA CANNABIS PROUDUCT OFFERINGS AND NAME CHANGE TO KUSHTOWN USA LLC 11/02/2016 09:00:00 AM
FNREF News: FINORE MINING ANNOUNCES LETTER AGREEMENT FOR ACQUISITION OF KUSHTOWN USA LLC, A LEADING CALIFORNIA MARIJUANA BEVERAGE COMPANY 10/28/2016 09:00:00 AM
FNREF News: FINORE REPORTS AN INCREASED MINERAL RESOURCE ESTIMATE FOR THE LANTINEN-KOILLISMMA PROJECT, FINLAND 09/19/2013 01:48:03 PM
PostSubject
#188   I don't expect much, just another empty shell symbol. manfromjax 03/23/17 05:41:19 PM
#187   Full honesty I do not own any shares SO75 03/20/17 05:16:22 PM
#186   Hmmm, so are you sticking with this thing Johnnnnnnnn 03/20/17 05:04:17 PM
#185   I PULLED THIS FROM A ANOTHER FORUM. THIS SO75 03/20/17 11:28:08 AM
#184   My thoughts Kush was not possible, out of state iluv blozf 03/16/17 04:44:36 PM
#183   .088 ~ even small hits hurt ~ em ddbl_our_buck 03/15/17 11:49:12 AM
#182   Trade your .12 FIN shares to .10 IME/IMEXF shares. SO75 03/15/17 11:26:58 AM
#181   Pot beer? willlbone 03/15/17 09:51:14 AM
#180   Totally ripped off! .114 criminal ~ em ddbl_our_buck 03/15/17 09:31:13 AM
#179   Changed it to .255 to be sure. I ddbl_our_buck 03/15/17 08:16:22 AM
#178   Sell order in at .2610 ~ TDA quote ddbl_our_buck 03/15/17 07:08:45 AM
#177   Kushtown/Finore Mining (FIN.C) deal falls apart in due diligence Northsun0 03/14/17 09:57:29 PM
#176   A good overview of what went down. https://equity.guru/2017/03/14/kushtownfinor ILuvblo2 03/14/17 09:39:24 PM
#175   Other opportunities?? Stab in the dark? Mining? Dilution ddbl_our_buck 03/14/17 06:29:45 PM
#174   Guesses on what it will open at and ILuvblo2 03/14/17 06:26:40 PM
#173   Someone gets that 3 million dollars. Pretty iluv blozf 03/14/17 05:54:03 PM
#172   Wonder if we eve r op en a ddbl_our_buck 03/14/17 05:52:48 PM
#171   Wonder how many friends and family he still iluv blozf 03/14/17 05:46:36 PM
#170   Douche bags ddbl_our_buck 03/14/17 05:39:06 PM
#169   http://www.marketwired.com/press-release/finore-mining-announces-termination-sec iluv blozf 03/14/17 05:31:34 PM
#168   ..all good things in all good time I ddbl_our_buck 03/14/17 01:52:40 PM
#167   Like somebody said, "what we gonna do"? I ddbl_our_buck 03/13/17 06:59:45 PM
#166   First feeling was this guy wanting more cut ddbl_our_buck 03/13/17 06:27:30 PM
#165   I hear ya'. Seemed like such a dilligence 03/13/17 04:51:46 PM
#164   They have all been in other things other Northsun0 03/13/17 04:36:19 PM
#163   So, we all know about Rav and what dilligence 03/13/17 04:20:38 PM
#162   This is the current officers and directors of Northsun0 03/13/17 04:06:04 PM
#161   Common bro ~ like s speed reader at ddbl_our_buck 03/13/17 12:10:28 PM
#160   OUCH!!!!! There can be no assurance that the transaction SO75 03/13/17 12:07:45 PM
#159   I got the almost the same reply last month. manfromjax 03/13/17 10:55:29 AM
#158   This guy replied to my email. On Sunday ddbl_our_buck 03/13/17 08:25:47 AM
#157   That's what I thought so I did a Evergreens 03/12/17 09:41:04 PM
#156   Could that mean "Kushtown holds trademark rights to Northsun0 03/12/17 08:12:23 PM
#155   Yeah funny they went federal, you can iluv blozf 03/12/17 07:03:42 PM
#154   It seems there is some misinformation posted here. dilligence 03/12/17 06:40:04 PM
#153   Not screwed. They'll need to register with individual Evergreens 03/12/17 06:31:03 PM
#152   Doesn't sound good, are we screwed? iluv blozf 03/12/17 04:29:41 PM
#151   http://tsdr.uspto.gov/documentviewer?caseId=sn87214146&docId=OOA20170201175000#d Evergreens 03/11/17 10:17:39 PM
#150   Yeah so what's going on? Surely none of ddbl_our_buck 03/11/17 08:01:33 AM
#149   Really man starting to annoy me. I open ddbl_our_buck 03/10/17 09:24:20 PM
#148   This has to be a legal issue. There SO75 03/09/17 10:50:32 AM
#147   Kushtown USA Products on Display Northsun0 03/08/17 07:43:48 PM
#146   So, we'll all check back in on May dilligence 03/08/17 04:39:41 PM
#145   Jimmy Cliff ~ Sitting here in Limbo Oh yeah, ddbl_our_buck 03/07/17 07:49:36 AM
#144   Yup, got my shares and sitting here in ddbl_our_buck 03/05/17 03:58:49 PM
#143   Subject: FINORE MINING INC. shell3 03/02/17 05:06:18 PM
#142   It has been just over a month since Northsun0 03/02/17 03:08:44 PM
#141   Could we be close? The date of the ddbl_our_buck 02/28/17 08:11:01 PM
#140   They said 4 months, no? Been so long ddbl_our_buck 02/28/17 08:36:12 AM
#139   So.... As the moderator here, have you had any dilligence 02/28/17 12:04:40 AM
PostSubject