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Terra Tech Addresses Capital Structure Challenge With Mandatory B Preferred Conversion Ahead
https://www.newcannabisventures.com/terra-tech-addresses-capital-structure-challenge-with-mandatory-b-preferred-conversion-ahead/
100 share sells every 15 seconds for most of the day.
OrganiGram Enters Exclusive Partnership for Oils, Extracts and Edibles
September 01, 2016 06:00 ET
http://www.marketwired.com/press-release/organigram-enters-exclusive-partnership-for-oils-extracts-and-edibles-tsx-venture-ogi-2154846.htm
MONCTON, NEW BRUNSWICK--(Marketwired - Sept. 1, 2016) - OrganiGram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the "Company" or "OrganiGram") is pleased to announce it has entered into an exclusive product development and distribution agreement with TGS International, LLC ("TGS International"). The agreement will provide for consulting services related to the development and operation of a commercial scale cannabis extracts production and processing facility, as well as the exclusive licensing in Canada of over 225 unique cannabis products.
TGS International is an affiliate of The Green Solution, LLC ("TGS"), a vertically-integrated cannabis company which owns and operates over 300,000 square feet of state licensed and regulated production, processing, and manufacturing facilities as well as 11 medicinal and/or adult-use retail locations in the state of Colorado, with three additional locations set to open by the end of 2016. TGS has commercially developed an extensive line of cannabis extract and derivative products by using multiple extraction methodologies that are streamlined with standardized operating procedures and supported through proprietary software and security systems.
"TGS has distinguished itself as a leader in the Colorado medical and adult-use cannabis markets in terms of their sales, product quality, and reliability. Their award winning proprietary brands, The Green Solution™ and NectarBee™ have generated well over US$100MM in cumulative sales through their affiliated Colorado operations, including over US$43MM in 2015 alone," says Denis Arsenault, Chief Executive Officer of the Company.
"OrganiGram has worked tirelessly towards the development and communication of a clear business development strategy for our company and our shareholders. Today's announcement represents the culmination of that process for our commercial extracts strategy. OrganiGram has now raised the necessary capital, secured the required real estate, and has selected the ideal strategic partner to position OrganiGram as a major force in the emerging oils and edibles market," says Arsenault.
Eric Speidell, Co-Chief Executive Officer of TGS states, "TGS is very excited to enter the Canadian market and to partner with one of the industry's leading licensed producers. Over the past six years, we have proactively invested significant resources into the standardization, quality, and reliability of our processes and products. We are very proud of the success we have achieved to date in Colorado. Our brands and leadership have been recognized across the United States, with TGS franchises already established in multiple states. With this transaction, we are eager to embark on our international expansion with OrganiGram."
Pursuant to the agreement between the Company and TGS, and subject to the approval of the TSX Venture Exchange (the "TSXV") and other regulatory approval as may be required, the Company shall issue 437,957 common shares to TGS at a price of $1.37 per share, payable after certain calendar and operational milestones, and will provide additional cash consideration to TGS, by way of a royalty, during the term of the Agreement. Additionally, TGS shall be issued stock options in accordance with a 36-month vesting schedule.
About TGS International, LLC
TGS International, LLC is a subsidiary of TGS National Holdings, LLC, and together with The Green Solution, LLC and their affiliated entities (collectively, the "TGS Group"), have developed into one of the largest and most successful cannabis businesses in the United States. The TGS Group has developed an extensive line of cannabis products, recipes, operating procedures, software and security systems, and other intellectual property, including, but not limited to The Green Solution™ and NectarBee™ brands, which have won numerous awards for quality, taste and consistency. For more information about the TGS Group, visit www.mygreensolution.com or www.nectarbee.com.
About OrganiGram Holdings Inc.
OrganiGram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, OrganiGram Inc., is a licensed producer of medical marijuana in Canada. OrganiGram is focused on producing the highest quality, condition specific medical marijuana for patients in Canada. OrganiGram's facility is located in Moncton, New Brunswick and the Company is regulated by the Access to Cannabis for Medical Purposes Regulations ("ACMPR").
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
This news release contains forward-looking information which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, crop yields - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information
OrganiGram Holdings Inc.
Giselle Doiron
Director of Investor and Media Relations
(506) 801-8986
www.organigram.ca
Surna may be looking to uplist to a major exchange, US or Canada:
“Right now, the Canadians are having no problem raising capital. So if you have a hot, growing, U.S. ancillary business, you do have an opportunity to do a list up there.”
It’s advice Paxhia has given Surna, a Boulder, Colorado-based company that makes water-chilled climate control systems for cannabis cultivators. Paxhia, a member of Surna’s board, said the company – which trades on the OTCQB over-the-counter market – wants to list on a major U.S. exchange but is open to Canada.
“Capital flows to where it’s treated best,” Paxhia said. “Canada clearly has an active cannabis market, and their public markets have no problem raising pretty significant capital with true investment banking underwriting.”
http://mjbizdaily.com/toronto-cannabis-stock-listing-pave-way/
Wow how sad. Glad i finally pulled all my money out of this the day he announced the cheech & Chong ice cream earlier this yr.
Looking forward to seeing how this plays out. I figured it was worth throwing $500 at it and seeing what happens.
Was in this one a while back. Might have to look at getting back in. Looks like its heating up.
Wow! Been out of this one for the past few months but just bought back in at 1.75. Never thought I'd have that opportunity again.
Finally got home from work and saw the commercial on my DVR. Feeling good about SEEK, regardless of today's price action.
Great job! Thanks for that!
Looking good here. Commercials will be airing all week and this is just the beginning of an expanding national ad campaign that will be going in for the rest of 2014! Big things coming for those who SEEK
I'll be checking my DVR when I wake up in the morning. If I see the ad, I'll be adding a few extra million SEEK shares tomorrow.
PNCH is a well documented scam.
http://www.my-icpunchmedia.com/
http://friendsofvutv.wordpress.com/
With a shady criminal CEO.
http://www.my-icpunchmedia.com/component/content/article/2-uncategorised/37-about-punch-2
I bought back in a starter today but will load heavy as soon as I see these ads begin to air. SEEK ready for takeoff!
Just in case somebody missed it...
Ok, we just received our Ad schedule for next week, times are subject to change by the network. We were able to secure some extra spots for the week. We'll be running our ad between 9 am and 11 am Monday through Friday on the Opening Bell show with Maria Bartiromo on Fox Business News. We were also able to get a few bonus spots on the Imus in the morning show and some other times as follows:
Monday Morning 7/28
Imus in the Morning our ad will air at 5:47 am and 6:19 am
Opening Bell with Maria Bartiromo our ad will air at 9:39 am
Tuesday 7/29
Imus in the Morning our ad will air at 6:19 am
Opening Bell with Maria Bartiromo our ad will air at 9:16 am
Other ad at 4:28 am
Wednesday 7/30
Opening Bell with Maria Bartiromo between 9 and 11 am no time given
Lou Dobbs between 10- and 11 pm no time given
Other our ad will run at 4:57 am
Thursday and Friday 7/31-8/1
Opening Bell with Maria Bartiromo between 9 and 11 am no time given
Saturday 8/2
Our ad will run between 2 and 2:30 pm
Sunday 8/3
Our ad will run between 5:30 and 6 pm as well as
between 2:30 AND 3 AM
Looking to get back in. Looks like it's ready for take off, and it could start early next week, or even today. SEEK
SEEK back on watch.
FBR Capital Starts Plug Power (PLUG) at Outperform - Price target $8.00. All the fuel cell stocks got an after hours boost as a result.
www.streetinsider.com/Analyst+Comments/FBR+Capital+Starts+Plug+Power+%28PLUG%29+at+Outperform/9658874.html?si_client=st
It's looking really shady here. Nothing but stall tactics and false promises. I trimmed my position down to 1/3 of what I had this morning. Still holding a few just in case but not looking good.
I must have seen this annoying trivago ad a thousand times while waiting to see the SEEK ad once. Now THATs how you do a national tv ad campaign (minus the annoying part)
Frustrated here. If ads are airing, it's a weak campaign if a couple hundred ppl on Ihub watching for it can't find a trace. Hopefully he puts out another pr and we get a quick spike again. I'll be out then if I don't see an ad air before.
Not waiting. Already loaded. Just ready to load a lot more but I want to see something first. You can never be too careful in pinks.
Yep. Im already holding a lot and feel confident after that pr but the second I see the ad air, I'm adding another 3 mil.
That's a great sign! SEEK
Link?
They really could start at any time. Might be a premature sell off in the AM if they haven't aired, only to shoot way up when they start airing later in the day. I'm just holding what I've got, 3 mil total, ready to double that the second I see or get concrete confirmation that the ads have begun to air.
Last chance to buy SEEK before the ad campaign begins or is delayed again. Roll the dice. I'm buying more.
If it does begin on Mon though, I'm going all in and chasing with everything I've got.
Ads starting Monday. I'm adding more SEEK tomorrow. I'm making this my final sub-penny stock so I'm going BIG. Done with the pinks after this.
I really hope ads air next week and SEEK kicks into high gear cause the money I have tied up here is missing some big moves in the market this week.
lol, the only thing you need to know here is in big red letters at the top of the page now. Kudos to whoever updated that.
Nice update today. Happy to see the ad campaign addressed and that it's only less than two weeks away. I was afraid we were going to hear it was delayed till October or something when we finally heard something.
I'm still hesitant to load a full position though now till I see the ad campaign actually begin, but things are definitely looking much more positive in the SEEK camp.
Of course this finally starts dropping as soon as I get back in. We need an update on why the previous PR has not come to fruition, and hopefully not the kind of update that DNA* got last night.
Holding up remarkably well. I picked up some shares here. I expected a much bigger drop by now, but saving some cash in case it happens.
I have to agree. I'm out here. If he had put out a pr yesterday am or before, explaining the situation to shareholders, I could have looked past it but to remove the ad from fb and say absolutely nothing about why it hasn't aired is just disrespectful at best and just an outright scam at worst. The only way I'd buy back here is when I see the ad with my own eyes on my television.
Hah, still 2. I stopped watching shortly after that post. I was just surprised they still made Jello commercials.
Impressive. Much better than expected.
I need to see a video of it sandwiched with the end of the ad before it and the beginning of the ad after it.
Who doesn't have a youtube app on their SmartTV or game console or the capability to hook up their PC to their TV. A photo doesn't prove much IMO.
Primetimes ads so far on TNT:
SEEK - 0
Jello - 2
I hope you did see it. If you did though, it's definitely not showing at the same time/channels for all areas cause TNT is the channel I've been monitoring all day and it hasn't played for me. Watched every commercial since 7:30am.
Nothing posted from Sierra about any stock has ever had a lick of truth behind it. It's a blog of make believe scenarios.