Hill Street Beverage Company Inc.

Recent News

  • Hill Street Announces Major New U.S. DehydraTECH(TM) Licensing Deal, Resignation of CFO, and Equity Grants

    Toronto, Ontario--(Newsfile Corp. - March 29, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) ("Hill Street", or the "Company") is pleased to announce that Dehydr8, LLC ("Dehydr8"), Hill Street's licensee of the patented DehydraTECH™ fast-acting cannabis delivery system technology, has entered into a new sublicensing deal with Attitude Wellness, LLC doing business as Lume Cannabis Co. ("Lume"), the top vertically-integrated cannabis operator in Michigan and the largest single-state cannabis operator in the U.S.1. The deal involves multi-year licensing...

    2022-03-29 8:30 AM EDT
  • Hill Street Confirms Stock Ticker Symbol Change To "HILL" as of March 3, 2022 (TSXV: HILL)

    Toronto, Ontario--(Newsfile Corp. - March 2, 2022) - Hill Street Beverage Company Inc. (TSXV: HILL) (the "Company") is pleased to confirm that it has received the approval of the TSX Venture Exchange to change the Company's stock ticker symbol from "BEER" to "HILL", and that the change will be effective at market open on March 3, 2022. This ticker change reflects the Company's growth and evolution beyond the domestic beverage business towards building a global, multi-business company pioneering...

    2022-03-02 9:34 PM EST
  • Hill Street Reports FY 2022 Q2 & Year-to-Date Results, Expansion of DehydraTECH(TM) Licensing Business into New States, and Ticker Change to Reflect Hill Street's Growth and Evolution

    Highlights:Increased gross profit for the six months ended December 31, 2021 by 12% Year over Year with a 9% increase in net revenue Year over YearGrew gross profit margin for the six months ended December 31, 2021 from 42% to 48% Year over Year, reflecting the improved financial impact of the DehydraTECH™ licensing businessExpanded rights in Illinois and Massachusetts to existing partner Dehydr8, LLC for licensing of DehydraTECH™ fast-acting cannabinoid delivery system technology to IL and MA contract manufacturers and...

    2022-03-01 8:30 AM EST
  • Acquisition of Shares by HoldCo (St. Catharines) Ltd.

    Toronto, Ontario--(Newsfile Corp. - February 23, 2022) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"): This press release is being disseminated by HoldCo (St. Catharines) Ltd. (the "Acquiror") as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bids and Insider Reporting Issues, in connection with its acquisition of securities of Hill Street.Pursuant to a series of normal course purchases by the Acquiror through the facilities of the TSX Venture Exchange, and pursuant...

    2022-02-23 9:39 AM EST
  • Hill Street Jumpstarts New Year Announcing Appointment of Permanent CEO and Continued Growth Momentum

    Toronto, Ontario--(Newsfile Corp. - January 6, 2022) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company") announces the appointment of a permanent CEO and new progress made toward its growth agenda.Hill Street Appoints Craig Binkley as Permanent CEO Hill Street announces the appointment of Craig Binkley as its full-time Chief Executive Officer. Craig has been operating in the interim Co-CEO role along with fellow board member Lori Senecal since February 9, 2021. Lori will transition...

    2022-01-06 8:29 AM EST
  • Hill Street Reports FY 2022 Q1 Results and Provides Update on Operations

    Highlights:Q1 net revenue more than doubled with explosive growth of 120% year over yearQ1 gross profit also increased by 129% year over yearPowered major new launch of THC product line by leading brand of CBD dip pouches Cannadips, produced with fast-acting DehydraTECH™ cannabinoid delivery technologyAdded important new DehydraTECH™ licensing agreement with DeHydr8 MI, LLC to boost rapid commercialization at scale in major US B2B and B2C marketsToronto, Ontario--(Newsfile Corp. - November 29, 2021) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill...

    2021-11-29 7:30 AM EST
  • Hill Street Reports FY 2021 Year End and Q4 Results and Provides Update on Operations

    Highlights:In Q4, explosive gross profit growth (up 179% vs. Q4 FY2020) driven by addition of high-margin DehydraTECH™ licensing revenues; strong net revenue growth of 60% vs. Q4 FY2020 For the full fiscal year, increased gross profits by 55% and grew net revenue by 27% vs. previous fiscal year, despite the pandemicAdded two new lines of business to legacy alcohol-free beverage business - 1) cannabis-infused beverage sales and 2) patented cannabis technology licensingAcquired exclusive global usage rights for leading cannabinoid...

    2021-10-29 8:17 AM EDT
  • Acquisition of Shares by HoldCo (St. Catharines) Ltd.

    Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Hill Street Beverage Company Inc. (TSXV: BEER) ("Hill Street" or the "Company"): This press release is being disseminated by HoldCo (St. Catharines) Ltd. (the "Acquiror") as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bids and Insider Reporting Issues, in connection with its acquisition of securities of Hill Street.Pursuant to a private contract, the Acquiror acquired 7,000,000 common shares in the capital of the Company at a...

    2021-10-13 8:51 AM EDT