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WeedMD, Inc (WDDMF)

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ABOUT WEEDMD

WeedMD is a licensed producer and distributor of cannabis and cannabis oil under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). The Company operates two facilities: a 26,000 sq. ft. indoor facility in Aylmer, Ontario and a state-of-the-art greenhouse facility located in Strathroy, Ontario. The Greenhouse currently has 44,000 square feet of licensed space in production and is expected to have a total footprint of more than 500,000 square feet online by year-end 2018. WeedMD has a multi-channeled distribution strategy that includes supply agreements with Shoppers Drug Mart and provincial distribution agencies, as well as through strategic relationships across the seniors' market in Canada.

From Q2 2018 Financials:
 
                                                Sales for the Six Months Ended
                                                June 30, 2018        June 30, 2017

Dried Cannabis                       $  1,285,297            $  158,669
Cannabis Plants and Seeds      1,689,670                  76,500
Extracts                                          108,732                       490
Other                                               147,805                        -0-
Total                                         $  3,231,504            $  235,659


Disclosure of Outstanding Share Data

As of August 27, 2018, the following is outstanding:

    Common Shares:                                107,564,917

    Warrants:                                              11,269,255

    Stock + Broker Comp Options:              7,306,816


Subsequent Events

a)  On August 24, 2018, the Company received its first purchase agreement with Nova Scotia to supply product for the adult-use market.

b)  On August 15, 2018, the Company entered into a final definitive joint venture agreement with Phivida Holdings Inc., to develop and operate Cannabis Beverages Inc (“CanBev”) at the Strathroy facility. Both companies will be strategic partners in the development of CanBev and WeedMD will be the exclusive supplier of cannabinoid extracts to be used in cannabis infused consumer products.

c)  On July 12, 2018, the Company entered into an agreement with British Columbia Liquor Distribution Branch to supply the province with high-quality, branded cannabis products for distribution in the adult-use market.

d)  On July 10, 2018, the Company agreed with Hiku Brands Company Ltd. to terminate the previously announced Arrangement Agreement, dated April 19, 2018. In connection with the termination of the Arrangement Agreement, the Company has received a $10 million termination fee.

e)  On July 5, 2018, the Company entered into an agreement Alberta Gaming, Liquor & Cannabis Commission to supply the province with high-quality, branded cannabis for distribution in the adult-use market. 



Oct 31, 2018

WEEDMD SIGNS MULTI-YEAR RETAIL SALES DISTRIBUTION DEAL WITH LIFFORD CANNABIS SOLUTIONS

Toronto, Canada, October 31, 2018 – WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE)(“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce it has signed a multi-year retail sales distribution agreement with Lifford Cannabis Solutions (“Lifford”), led by long-time cannabis advocate, influencer and media personality Lisa Campbell, to represent WeedMD’s premium cannabis brands and products for the adult-use retail market in British Columbia and Alberta.

“With the onset of legalization, WeedMD’s products are garnering the attention of a discerning and knowledgeable cannabis audience. Lifford has a history of delivering great results in the alcohol beverage category and has developed strong relationships with the provincial distributors as well as key customers,” said Brett Moon, SVP, Sales and Marketing at WeedMD. “Lifford’s strong foundation, coupled with cannabis advocate Lisa Campbell’s expertise and influence will bring WeedMD tremendous value and additional exposure in western Canada’s cannabis markets – ensuring strategic product placement and nation-wide success.”

“Lifford Cannabis Solutions is delighted to be working with WeedMD, a licensed producer widely recognized as a groundbreaking cultivator in Canada. With some of the most unique genetics on the market, we are excited to elevate WeedMD through our four-pillared approach which combines distribution, education, innovation and relationships,” said Lisa Campbell, CEO, Lifford Cannabis Solutions. “We are confident that WeedMD’s top-shelf cannabis – which is sustainably grown by a team that is deeply rooted in the cannabis community – will be well-suited to consumers in the west. It is an honour to collaborate with the WeedMD team as they continue to grow across Canada.”

For more information, access our investor presentation here and corporate video here.

About Lifford Cannabis Solutions

Lifford Cannabis Solutions was founded by cannabis advocate Lisa Campbell in order to bring the most premium selections of cannabis to consumers. Lifford Cannabis Solutions assists licensed cannabis companies in getting their products successfully through control boards to retail. As subsidiary of Lifford Wine & Spirits, it brings decades of experience to aid cannabis companies coming to market.

About WeedMD Inc. 

WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer and distributor of cannabis and cannabis oil for both the medical and adult-use markets under the Cannabis Act. The Company operates two facilities: a 26,000 sq. ft. indoor facility in Aylmer, Ontario and a state-of-the-art greenhouse facility located in Strathroy, Ontario. The Greenhouse currently has 44,000 square feet of licensed space in production and is expected to have a total footprint of more than 500,000 square feet online by year-end 2018. WeedMD has a multi-channeled distribution strategy that includes supply agreements with Shoppers Drug Mart and provincial distribution agencies, as well as through strategic relationships across the seniors’ market in Canada.


Oct 15, 2018 

WEEDMD BOOSTS LEADERSHIP TEAM WITH KEY APPOINTMENTS IN PRODUCTION, SALES, MARKETING, COMMUNICATIONS & HR

Newly-appointed executive team looks to expand robust seed-to-sale cannabis portfolio and amplify WeedMD’s brand recognition on a national and global level

Toronto, Canada, October 15, 2018 – WeedMD Inc. (TSX-V:WMD(OTCQX:WDDMF) (FSE:4WE)(“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce its recent leadership appointments in the areas of production, sales, marketing, communications and human resources as WeedMD solidifies its market positioning, expands cannabis production, diversifies distribution channels and looks to spotlight its people and cannabis products on a national and global scale.

“As we ramp up production and continue scaling for growth, we’ve positioned ourselves strategically at an extremely pivotal time and I’m thrilled to announce the appointment of a leadership team that brings a pedigree of proven experience, authenticity and a diverse skill set that will be integral to propelling WeedMD to the next level of success,” said Keith Merker, CEO of WeedMD. “We are adding bench-strength and top-talent to capture the many market opportunities as we look to diversify our innovative product lines; introduce new brands in the recreational market; secure our position in the medical cannabis space; amplify the WeedMD name on a national and global level; and continue to build stellar teams. With our world-class cultivation facilities and highly-regarded products, we have a winning combination that is sure to bring long-term success and shareholder value.”

With the appointment of Nichola Thompson, Chief Financial Officer (Interim) announced earlier this year, WeedMD now rounds out its robust leadership team as follows, with all VPs reporting directly to the CEO:

Josephine DesLauriers, Senior Vice President, People. The continued build of a strong cohesive team requires strategic experience and proven leadership. Josephine has been at the forefront of building the WeedMD team over last six months – expanding the Company’s workforce four-fold since her start, bringing on board top-level talent and establishing a retention record that is the envy of the industry. Josephine is appointed to Senior Vice President, People.  With over 15 years of experience in a variety of HR-related functions such as organizational development and talent acquisition, Josephine is a trusted advisor to many Boards of Directors, and is widely recognized in the health-care sector for her work in seniors care/housing, hospital and community care. A graduate from Western University’s Psychology program, Josephine holds two degrees, including a Bachelors of Management & Organizational Studies, and a Human Resources Management Certification from Seneca College.

Brett Moon, Senior Vice President, Sales & Marketing. Brett joins the WeedMD team from Mosaic – Canada’s largest sales and marketing agency. As Vice President at Mosaic, he led a variety of the largest accounts in beer, spirits and cannabis within Canada. Brett brings over a decade of experience in controlled substances, regulated industries and in developing vertically-integrated sales and marketing models. He is ideally suited to lead and build WeedMD’s sales and marketing teams as the Company looks at expanding its medical and recreational brands and strategies for taking its medical-grade cannabis products on a global level. Additionally, Brett will build a solid business plan rooted in producing, marketing and selling a portfolio of innovative cannabis brands. He will also be instrumental in ensuring the Company maintains a continued emphasis on building teams and partnerships that will maximize the distribution of WeedMD’s world-class products on a national and international scale.

Dan Healey, Vice President, Operations. With over 30 years of experience in a variety of operations and quality roles, Dan joins us from a recent post as VP Operations, Maricann Group where he was responsible for overseeing the cannabis supply chain from production to delivery. Prior to this, Dan spent 11 years at dairy giant Parmalat Canada and over a decade with Nestlé in London, Ontario in an Operations and Quality leadership role. Having started his career with Corby Distilleries, Dan is an engineering technology graduate who brings industry insights and professional knowledge in developing, implementing and achieving manufacturing excellence in productivity and quality. His expertise and oversite in the areas of production, inventory planning, quality, packaging and distribution will help in our drive to deliver the best customer experience.

Robert Gora, Vice President, Patient & Client Experience, Medical.  Robert brings over 16 years of experience in the Canadian pharmaceutical industry with a career that has spanned numerous roles including sales, medical education, marketing, business management, business development and patient support services. Most recently the General Manager of Medical at MedReleaf, Robert was responsible for establishing the strategic and tactical plans tied to the medical cannabis business, building a high-functioning sales team, increasing patient volumes, and improving overall sales across multiple medical channels. A graduate from the University of Alberta’s Commerce Program, Robert has worked in markets across Canada and has collaborated on global marketing initiatives. He will be an important part of ensuring WeedMD’s strong commitment to its medical cannabis patients and client experience continues as a priority for the Company.

Marianella delaBarrera, Vice President, Communications & Corporate Affairs. Having worked with the WeedMD team for over a year, Marianella has been an integral part of building the Company’s media outreach and public relations initiatives and strategies. She previously spent over 10 years developing and leading worldwide external communications strategies for Bombardier Aerospace. As a veteran spokesperson and senior strategist on numerous high-profile international matters, Marianella is accustomed to working with publicly-traded companies operating in highly-regulated environments that overlap with government, shareholders, customers, employees and media. A graduate from Ryerson University’s Journalism program, she’s also a trained journalist that has counselled and advised numerous CEOs, Presidents and Chairmen. Her international business media network will be key as WeedMD’s voice is amplified in worldwide media markets. Marianella will work closely with the leadership team to develop solid corporate governance processes and develop a corporate social responsibility mandate.

 

June 25, 2018

WEEDMD COMMENCES CANNABIS CULTIVATION AT ITS NEWLY-LICENSED LARGE-SCALE MODERN GREENHOUSE

  
  ArticlesPress Release

Initial harvest expected by September from first phase of retrofit Toronto, Canada, June 25, 2018 – WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD”), a federally-licensed producer and distributor of medical cannabis, is pleased to announce that the first batch of cannabis plants have been transplanted to its modern greenhouse.

June 20, 2018

WEEDMD SIGNS SUPPLIER AGREEMENT WITH SHOPPERS DRUG MART

  
  ArticlesPress Release

Toronto, Canada, June 20 2018 – WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD”) a federally-licensed producer and distributor of medical cannabis, is pleased to announce it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart. 

June 13, 2018
 

WEEDMD AND REVIVE THERAPEUTICS SIGN MEDICAL CANNABIS R&D SUPPLY AND COLLABORATION AGREEMENTS

  
  ArticlesPress Release

Toronto, Canada, June 13, 2018 – WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD”), a federally-licensed producer and distributor of medical cannabis, and Revive Therapeutics Ltd. (TSX-V:RVV) (OTCQB:RVVTF) (FSE:31R) (“Revive”), a company focused on the research, development and commercialization of novel cannabinoid-based therapies.

June 11, 2018
 

WEEDMD SECURES CANNABIS CULTIVATION LICENCE FOR ITS LARGE-SCALE MODERN GREENHOUSE

  
  ArticlesPress Release

Toronto, Canada, June 11, 2018 – WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical cannabis, is pleased to announce that it has secured its Health Canada Cultivation Licence for the first four grow rooms within its 220,000 sq. ft.



http://www.weedmd.com/about-weedmd/

https://www.weedmd.com/investing-in-weedmd/

 

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WDDMF News: Booming Cannabis Consumables Space Continues to see Product Innovations 11/28/2018 08:45:00 AM
WDDMF News: WeedMD and Phivida Sign Definitive Agreement on Cannabis Beverages Inc. 08/15/2018 10:33:57 AM
WDDMF News: WeedMD and Phivida to Enter into Joint Venture for Cannabis-Infused Beverages 03/08/2018 10:00:00 AM
WDDMF News: WeedMD and Phivida To Enter Into Joint Venture for Cannabis-Infused Beverages 03/08/2018 07:30:00 AM
WDDMF News: Canada Seen as Safe Haven for Cannabis Investors as U.S. AG Launches Strike Against Industry 01/11/2018 08:45:00 AM
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#1072   Ive not heard onebut seen lots of interview's UnderOath-KY 05/17/19 01:38:01 PM
#1071   Just wondering if this conference call is normal? Rock_nj 05/17/19 01:33:54 PM
#1070   NO volume UnderOath-KY 05/17/19 12:56:25 PM
#1069   Im not blaming management yet but something needs UnderOath-KY 05/17/19 12:54:06 PM
#1068   Has WeedMD always had conference calls with their Rock_nj 05/17/19 12:25:23 PM
#1067   Strange ticker? Been here almost three years 12/19 UnderOath-KY 05/17/19 11:04:28 AM
#1066   Wtf this ticker is undervalued and it feels TheDeadCrab 05/15/19 11:01:10 PM
#1065   1st Quarter in 2 weeks, RSI is low, DevilDolphin 05/14/19 06:46:10 PM
#1064   Look to enter here under $1.00 Target entry .25 taubytaub 05/09/19 10:54:34 AM
#1063   "Just bitter I lost so much here last fall" shajandr 05/03/19 06:59:11 PM
#1062   What about technical requirements? UnderOath-KY 05/02/19 09:24:27 AM
#1061   More of what they’ve been doing. Growing Rock_nj 05/01/19 03:09:33 PM
#1060   What would it take? Manipulation getting so old UnderOath-KY 05/01/19 01:37:10 PM
#1059   WeedMD Revenue Surges 465% + Buy/Sell Signal & Chart RTupp23 05/01/19 01:20:28 PM
#1058   Somebody likes last night's financial report. I Rock_nj 05/01/19 12:25:03 PM
#1057   True. This stock needs exposure. A Rock_nj 05/01/19 11:58:20 AM
#1056   I get it, my money has been stuck UnderOath-KY 05/01/19 10:25:27 AM
#1055   Messing around. Just bitter I lost so much taubytaub 05/01/19 10:23:24 AM
#1054   I saw a post saying Canopy 10 times UnderOath-KY 05/01/19 10:09:31 AM
#1053   The market is a scam not WeedMD! Thanks UnderOath-KY 05/01/19 10:04:52 AM
#1052   This scam is headed to pennies. Buy at .27 taubytaub 05/01/19 09:44:41 AM
#1051   In the year ended December 31, 2018, WeedMD Rock_nj 05/01/19 06:14:44 AM
#1050   Earnings finally out. $8.3 million for 2018. Rock_nj 04/30/19 11:00:31 PM
#1049   Don't worry they have at least til 8pm common cents2 04/30/19 05:57:23 PM
#1048   Where are WeedMD's financials? Supposed to be Rock_nj 04/30/19 05:32:53 PM
#1047   Annual earnings release April 30th. Rock_nj 04/25/19 01:15:04 PM
#1046   News today! TORONTO, April 25, 2019 (GLOBE NEWSWIRE) -- Rock_nj 04/25/19 08:19:42 AM
#1045   This is the guy who will get us DevilDolphin 04/23/19 08:26:08 PM
#1044   CFO moved pretty quick to QX but big UnderOath-KY 04/23/19 07:51:45 PM
#1043   Thanks. I want to hear the management Rock_nj 04/23/19 05:20:18 PM
#1042   Nice article. Liked this especially from what Rock_nj 04/23/19 05:18:50 PM
#1041   https://technical420.com/cannabis-article/weedmd-is-creating-a-massive-platform- tavito 04/23/19 01:08:50 PM
#1040   Yes, by the 30th, as per TSX regs DevilDolphin 04/23/19 12:49:25 PM
#1039   Don’t they have to release their annual financials Rock_nj 04/23/19 12:24:09 PM
#1038   Yep! They have everything lined up to start common cents2 04/17/19 12:09:04 PM
#1037   https://www.globenewswire.com/news-release/2019/04/17/1805326/0/en/Pioneer-Canna DevilDolphin 04/17/19 11:32:07 AM
#1036   Great news! Shows WeedMD is moving forward Rock_nj 04/15/19 11:29:00 AM
#1035   https://www.globenewswire.com/news-release/2019/04/15/1803873/0/en/WeedMD-Secure DevilDolphin 04/15/19 08:28:13 AM
#1034   Yea just need to be patient here. Trades taubytaub 04/14/19 04:51:29 PM
#1033   Give it time. Look at the revenue Rock_nj 04/14/19 04:39:19 PM
#1032   What a turd. Can’t break $2 taubytaub 04/14/19 11:14:58 AM
#1031   Not much longer till WeedMD releases it’s annual Rock_nj 04/12/19 02:10:05 PM
#1030   https://www.agco.ca/cannabis-retail-regulation-facts tavito 04/10/19 06:01:07 PM
#1029   Good buying opportunity here before it gets discovered. Rock_nj 04/10/19 03:38:17 PM
#1028   I was thinking the same and I don't traderjbr 04/10/19 03:00:19 PM
#1027   Yup volume sucks! Shawn22 04/10/19 02:47:05 PM
#1026   More great news with no volume or real Rock_nj 04/10/19 11:11:27 AM
#1025   https://finance.yahoo.com/news/weedmd-acquires-60-acres-neighbouring-110500244.h Shawn22 04/10/19 07:46:08 AM
#1024   So much happening behind the scenes. “Color tavito 04/09/19 11:58:03 PM
#1023   You're welcome, patiently waiting on the next WDDMF report. traderjbr 04/09/19 10:47:29 AM
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