Pharmadrug Inc. Enters Definitive Agreement to Acquire Super Smart Paving Its Entry into the Psychedelic Market
Toronto, Ontario--(Newsfile Corp. - May 25, 2020) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) ("Pharmadrug" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Acquisition Agreement") pursuant to which Pharmadrug will acquire all of the issued and outstanding shares of privately-held Interrobang Ltd. (doing business as Super Smart). ("Super Smart"), to be effected by way of a three-cornered amalgamation between Pharmadrug, Super Smart and a...
2020-05-25 8:53 AM EDT
Pharmadrug Inc. Plans to Enter the Psychedelic Space with An LOI To Acquire Super Smart and Provides Business Update
Toronto, Ontario--(Newsfile Corp. - May 20, 2020) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) ("Pharmadrug" or the "Company") is pleased to announce that it has entered into a non-binding letter of intent (the "Letter of Intent") dated May 20, 2020 with Interrobang Ltd. doing business as Super Smart (herein referred to as "Super Smart") which outlines the general terms and conditions of a proposed transaction (the "Proposed Transaction") that will result in Pharmadrug acquiring all of the...
2020-05-20 10:37 AM EDT
Pharmadrug Inc. Provides Update on COVID-19 and Announces Request for Extension of Filing Financial Statements as Well as Positive Business and Corporate Updates
Toronto, Ontario--(Newsfile Corp. - April 24, 2020) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company") is providing an update on COVID-19 matters and an update on the status of filing its financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019.On March 18, 2020, the Canadian Securities Administrators ("CSA") announced they would be providing issuers with a 45-day extension for...
2020-04-24 8:00 AM EDT
Pharmadrug Inc. Enters Secured Loan Agreement and LOI for Possible Business Combination
Toronto, Ontario--(Newsfile Corp. - February 7, 2020) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company") is pleased to announce that it has secured a private loan (the "Loan") of $250,000 from an arm's length third party lender (the "Lender"). The Loan carries an interest rate of 9% per annum accruing every 90 days, payable on maturity with such interest increasing to 15% per annum from the date of the occurrence of an event of default. The Loan is...
2020-02-07 8:36 AM EST
Pharmadrug Announces Q3 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 29, 2019) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company" or "Pharmadrug"), a leading European medical cannabis distribution company, today announced its financial results for the third quarter ending September 30, 2019. The Company's full Management's Discussion and Analysis ("MD&A") is available on SEDAR (www.sedar.com)."Q3 was Pharmadrug's first full quarter of operations in Germany since acquiring Pharmadrug Production GmbH in May...
2019-11-29 8:37 AM EST
Israeli Government in Discussions on Medical Cannabis Export Framework & Appointment of New Board Member
Toronto, Ontario--(Newsfile Corp. - November 19, 2019) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company" or "Pharmadrug") would like to update investors on developments from Israel's Ministry of Health regarding the export law on medical cannabis passed in January of 2019 (the "Export Law"). It was revealed late last week that the Israeli Ministry of Health (the "Ministry") will soon be publishing its cannabis export guidelines, which will enable the commencement of exports to...
2019-11-19 7:00 AM EST
Pharmadrug Signs Major Canadian Supply Agreement with Canada House Wellness for German Distribution as German Governing Party Moves Closer to Recreational Cannabis Legislation
Toronto, Ontario--(Newsfile Corp. - October 31, 2019) - Pharmadrug Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company" or "Pharmadrug") is pleased to announce a multi-year supply agreement (the "Supply Agreement") between 80% owned subsidiary Pharmadrug Production GmbH and Canada House Wellness Group Inc. (CSE: CHV) (the "Grower" or "Canada House").Under the Supply Agreement, all medical cannabis will be sold through Pharmadrug's own 'Cannabion' brand. Terms for the first year are 250 kg of dry...
2019-10-31 11:58 AM EDT
Aura Health Announces Name Change to Pharmadrug to Reflect Focus on Pharmaceutical Medicine
Toronto, Ontario--(Newsfile Corp. - October 21, 2019) - Aura Health Inc. ("Aura") (CSE:BUZZ) (OTC: LMLLF) is pleased to announce that it has completed its name change from Aura Health Inc. to Pharmadrug Inc. ("Pharmadrug" or the "Company") (the "Name Change"). Aura's shareholders approved the name change at the annual and special meeting of shareholders held on October 3, 2019.The CUSIP number assigned to the Company's shares following the name change is: CUSIP 71716W105 (ISIN CA71716W1059)....
2019-10-21 8:04 AM EDT
Aura Announces Extension of Maturity and Partial Repayment of Bridge Loan Facility
Toronto, Ontario--(Newsfile Corp. - October 3, 2019) - Aura Health Inc. (CSE: BUZZ) (OTC: LMLLF) (the "Company" or "Aura") is pleased to announce that the CAD$3 million bridge loan facility (the "Bridge Loan Facility") entered into by the Company and a private lender (the "Lender") on May 8, 2019, has been amended to mature in six months on March 24, 2020 (the "Maturity Date"). The outstanding principal and accrued interest on the Bridge Loan Facility shall be due and...
2019-10-03 8:31 AM EDT
Aura's Pharmadrug Signs Major Supply Agreement Setting Stage for Brand Launch & Expanded Distribution
Toronto, Ontario--(Newsfile Corp. - September 19, 2019) - Aura Health Inc. (CSE:BUZZ) (OTC:LMLLF) (the "Company" or "Aura") is pleased to announce a multi-year supply agreement (the "Supply Agreement") between 80% owned subsidiary Pharmadrug Production GmbH ("Pharmadrug") and Israel-based My Green Fields Ltd. ("My Green Fields" or the "Grower").Beginning the five-year supply agreement, the medical cannabis product will consist initially of dry flower and complemented soon after by oils and...
2019-09-19 9:40 AM EDT