MjLink Cannabis Business News and Press
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
(NYSEAMERICAN:MMX) () said Thursday that Pan American Silver Corp () (TSE:PAAS) will undertake an overnight marketed public offering of 9 million Maverix shares in a transaction led by underwriters Ltd and PI Financial Corp. Pan American currently owns nearly 25.6 million shares of Vancouver-based Maverix and 8.25 million warrants, which it plans to exercise upon closing of the secondary offering to net Maverix proceeds of about US$15.6 million. Once the offering is completed, Pan American will own about 26.8 million shares or 21% of the company. If the underwriters exercise an overallotment option to purchase an additional 15% of shares sold in the secondary offering, Pan American would own nearly 25.5 million shares or 19.9% of Maverix.
Corp () (OTCQX:NUPMF) announced Thursday it has appointed CEO Mark Cruise to its board of directors, effective immediately. Cruise, formerly the COO of the exploration company, assumed the CEO position on April 27 from Dr Rui Feng, who has stayed on as a director. “The breadth and depth of his experience in the mining sector are an ideal fit for New Pacific’s current stage of development,” said Jack Austin, board chairman, in a statement. “We look forward to working with Mark to advance the Silver Sand Project and build value for our shareholders.”
Blockchain Holdings Ltd () announced Thursday that former SAP, Taleo and Monster.com executive Gordon Zeilstra has been appointed as chief revenue officer or its subsidiary TraceSafe Technologies Inc. Zeilstra has over 25 years of experience with startup technology firms and assisted companies in building international profiles as well as sales pipelines. The new TraceSafe executive will be tasked with establishing and scaling the technology company’s global sales team and maintain relationships with government and private enterprises around the world.
Pressure BioSciences Inc () announced Thursday that its pending merger partner Cannaworx Inc will launch a patented proprietary hemp immune booster supplement by mid-July. Once it hits the market, the company believes this product could be one of very few over-the-counter, FDA-registered hemp supplements products — if not the only one — that can claim to be an immune booster. The product, enhanced with hemp seed oil, increases the number of helper T cells in the body, which boosts immune response by enabling macrophage cells to kill and consume bacteria, viruses and other invaders.
LOS ANGELES, Jan. 26, 2022 – PRESS RELEASE – Crypto CannabisClub (CCC), the original NFT collection and Metaverse community for crypto andcannabis enthusiasts, announced the launch of an NFT-powered cannabis brand.Members of CCC will receive significant discounts on premium cannabis flowerthrough a first-of-its-kind partnership with CampNova, the leadingdirect-to-consumer cannabis platform.
TheCrypto Cannabis Club is a groundbreaking new community that forms theintersection of cannabis, crypto and the Metaverse. Our rapidly growing, globalcommunity includes digital art aficionados, high-frequency cannabis consumersand crypto enthusiasts. In November, CCC launched real-world benefits forholders of its NFTs. The CCC has already announced partnerships with leading cannabisbrands including: Highsman, Old Pal, Dr. Dabber, King Palm, Higher Standards,Vibes Papers and Marley Naturals.
CCCnow becomes the first NFT collection to provide its members with a real-worldcannabis product. To achieve this, CCC partnered with CampNova to provideCalifornia cannabis consumers with premium packaged cannabis flower,hand-selected by the CCC team. CCC products are available to all legal cannabisconsumers in California—but will be offered at a substantial discount tomembers of the CCC community who own an NFToker NFT.
CCCcannabis products will be initially available in 1/8-ounce packages of premium cannabisflower featuring custom artwork from the CCC. Three packages out of the totalproduction run will also include an NFToker NFT—currently valued at more than$600 each. In addition to the three NFToker NFTs, CCC has some other surprisesin store that will be revealed when the cannabis products get into the hands ofconsumers, so customers are encouraged to save their packaging.
"Ourgoal is to provide the NFT owners in our community with the most exclusivecannabis experiences in the Metaverse and the real world,” said CCC new CEORyan Hunter, a tech and cannabis industry veteran. “These worlds are rapidlyconverging, and we want to create a community beyond NFT ownership that willoffer cannabis consumers a pathway between these worlds. Our hope is to beambassadors between the Metaverse cannabis community and the IRL cannabiscommunity.”
Hunteradded, "We are thrilled to launch our NFT-powered cannabis brand withCampNova to offer this product to California cannabis consumers and to ourloyal community members in California at a substantial discount."
