Discover Wellness Announces Cease Trade Order Issued by the Alberta Securities Commission
Calgary, Alberta--(Newsfile Corp. - May 9, 2022) - Discover Wellness Solutions Inc. (CSE: WLNS) ("Discover Wellness", or the "Company") announces that the Company has been issued a cease trade order ("CTO") by the Alberta Securities Commission ("ASC") for not filing the following periodic disclosure documents (collectively "Annual Filings") by the filing deadline of May 2, 2022, namely:the audited annual financial statements for the year ended December 31, 2021;the management's discussion and analysis relating to the audited annual financial statements for the year...
2022-05-09 9:00 AM EDT
Discover Wellness Announces Intention to Exit the Cannabis Industry
Calgary, Alberta--(Newsfile Corp. - April 11, 2022) - The Directors of Discover Wellness Solutions Inc. (CSE: WLNS) ("Discover Wellness", or the "Company") have made the decision to exit the cannabis industry. The Company faces a very challenging liquidity situation and has implemented several cost-savings actions including reducing the Company's staffing to one part-time position, deferred paying all staff effective February 1, 2022 and paying only crucial vendors. The Company's Directors have observed that the cannabis industry in Canada is a very challenging...
2022-04-11 9:00 AM EDT
Discover Wellness Announces Extension of Secured Notes
Calgary, Alberta--(Newsfile Corp. - November 29, 2021) - Discover Wellness Solutions Inc. (CSE: WLNS) ("Discover Wellness", "DWS" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), announces that it has extended the maturity date of the secured notes originally issued on September 13, 2019 (the "Secured Notes"). The Secured Notes' maturity date had been extended several times to October 31, 2021. Through a recently completed negotiation with the third-party noteholders, the Secured Notes have been extended to...
2021-11-29 8:00 AM EST
Discover Wellness Files Q2 2021 Financial Statements, Clarifies the Volume of Hemp Purchased from SynerGenetics and Provides Other Updates
Calgary, Alberta--(Newsfile Corp. - August 31, 2021) - Discover Wellness Solutions Inc. (CSE: WLNS) (formerly RMMI Corp.) ("Discover Wellness", "DWS" or the "Company") , a licensed producer and processor under the Cannabis Act (Canada), has filed its Q2 2021 financial statements on SEDAR.The Company wishes to clarify the volume of hemp it has purchased from SynerGenetics Bioscience Inc. ("SG"). In December 2020, Discover Wellness took possession of 550,000 lbs of high-CBD hemp from SG. The SG hemp purchase...
2021-08-31 9:00 PM EDT
Discover Wellness Announces Initial B2B Sale of Industrial Hemp Biomass
Calgary, Alberta--(Newsfile Corp. - April 8, 2021) - Discover Wellness Solutions Inc. (formerly RMMI Corp.) (CSE: WLNS) ("Discover Wellness", "DWS" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has entered into a sales agreement to sell industrial hemp to a Canadian processor for ultimate use in extraction with a biopharmaceutical company (the "Sale"). The Company's emphasis is on the high growth Cannabidiol "CBD" market with a focus on wellness...
2021-04-08 8:00 AM EDT
Discover Wellness Solutions Announces Year End Results for 2020
Calgary, Alberta--(Newsfile Corp. - March 18, 2021) - Discover Wellness Solutions Inc. (formerly RMMI Corp.) (CSE: WLNS) ("Discover Wellness" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), announces the filing of its financial results for the twelve-month period ending December 31, 2020. For more information, please see the consolidated financial statements of the Company for the year ended December 31, 2020 and the related management's discussion and analysis, which are available electronically on SEDAR under...
2021-03-18 10:30 PM EDT
Discover Wellness Solutions Signs MOU with Quad Play to Enter Thailand's Deregulating Hemp Extract Market
Strategic partnership for entry into Thailand, the first country to deregulate the use of hemp-derived oils and extracts for consumer-packaged goodsPartnership serves as beachhead for DWS to gain access to the Asian hemp-infused market which is expected to grow to over $5.8 billion by 2024DWS' initial contribution secures toehold equity stake of 4% in Quad Play with option to acquire control of QP once regulations in Thailand allows for control by foreign companiesMOU is first step in development and marketing...
2021-03-02 9:00 AM EST
Discover Wellness Solutions Receives License to Sell Industrial Hemp
Calgary, Alberta--(Newsfile Corp. - February 8, 2021) - Discover Wellness Solutions Inc. (CSE: WLNS) (formerly RMMI Corp.) ("Discover Wellness" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has received an industrial hemp license, effective until February 5, 2024, to sell industrial hemp.Under the license, the Company can sell industrial hemp as grain, flowering heads, leaves or branches. Additionally, the Company can import or export seed and grain. The industrial...
2021-02-08 9:00 AM EST
Discover Wellness Solutions Announces New Website and Trading Symbol on the Frankfurt Stock Exchange
Calgary, Alberta--(Newsfile Corp. - January 26, 2021) - Discover Wellness Solutions Inc. (formerly RMMI Corp.) (CSE: WLNS) ("Discover Wellness" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that after the Canadian Securities Exchange (the "CSE") approved the use of the ticker WLNS. The Company has moved forward with its rebranding strategy and is pleased to announce the launch of a new website https://discoverwellness.solutions/.The Company's shares have also started trading on the...
2021-01-26 9:00 AM EST
Discover Wellness Solutions Announces Approval of New Ticker Symbol WLNS
Calgary, Alberta--(Newsfile Corp. - January 6, 2021) - Discover Wellness Solutions Inc. (CSE: WLNS) (formerly RMMI Corp.) ("Discover Wellness" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that the Canadian Securities Exchange (the "CSE"), pursuant to the name change that was approved by the Company's shareholders on December 22, 2020, has approved the use of the ticker WLNS. Discover Wellness will trade on the Canadian Securities Exchange (the "CSE") under the...
2021-01-06 9:00 AM EST
RMMI Announces Completion of Name Change to Discover Wellness Solutions, Takes Possession of 550,000 kg of High-CBD Biomass and Completes Strategic Alliance with SynerGenetics Bioscience
Calgary, Alberta--(Newsfile Corp. - December 29, 2020) - Discover Wellness Solutions Inc. (CSE: WLNS) (formerly RMMI Corp.) ("Discover Wellness" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has completed the name change approved by its shareholders on December 22, 2020. Discover Wellness will continue to trade on the Canadian Securities Exchange (the "CSE") under the symbol "RMMI" until the first week of January 2021 when the name...
2020-12-29 5:27 PM EST
RMMI Announces Results of Annual General and Special Meeting Including Approval of New Name "Discover Wellness Solutions Inc."
Calgary, Alberta--(Newsfile Corp. - December 22, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that all of the resolutions that were presented at today's annual and special meeting were approved by the shareholders. These resolutions include the appointment of the directors and the auditors, the approval of the 2020 Equity Incentive Plan and the change in the Company's name to "Discover Wellness Solutions...
2020-12-22 7:27 PM EST
RMMI Corporate Update - Addition to the Management Team
Calgary, Alberta--(Newsfile Corp. - December 16, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has named Manish Grigo as its Chief Strategy Officer. Manish will be working with the Company and implementing a capital markets strategy.Manish was previously an Equity Research Analyst for over ten years covering diversified and technology industries; and over the last three years has been working with publicly...
2020-12-16 8:30 AM EST
RMMI Corp. Announces Change to the Location of Its 2020 Annual General and Special Meeting
Calgary, Alberta--(Newsfile Corp. - December 15, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), announces a change to the location of its 2020 annual general and special meeting of the shareholders (the "Meeting") to be held at 10:00am Calgary Time on December 22, 2020. Due to ongoing COVID-19 restrictions on indoor gatherings in Alberta, the original venue has cancelled all bookings. The new location for...
2020-12-15 5:10 PM EST
RMMI Corp. Announces Closing of Oversubscribed $2.7 Million Private Placement
Calgary, Alberta--(Newsfile Corp. - December 14, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has closed its previously announced $2,000.000 non-brokered private placement, raising gross proceeds of CDN$2,731,028 (the "Private Placement"). A portion of the Private Placement included the conversion of $216,002 of principal plus accrued interest held by secured note holders. In connection with the Private Placement, the Company issued...
2020-12-14 8:30 AM EST
RMMI Corp. Provides Business Update and Announces $2,000,000 Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - November 12, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to provide a business update with respect to the 2020 harvest of premium hemp flower and biomass in connection with the previously announced strategic alliance and hemp purchase agreement with SynerGenetics Biosciences Inc. ("SG"), a leading plant genetics technology company focused on the development of novel hemp strains with high-CBD content....
2020-11-12 9:00 AM EST
RMMI Announces Strategic Alliance with Synergenetics Biosciences and Purchase of up to 1,000,000 kgs of Premium High-CBD Hemp Flower and Biomass
Calgary, Alberta--(Newsfile Corp. - October 15, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company") a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has entered into a strategic partnership and contribution of premium high-CBD hemp with SynerGenetics Bioscience Inc. ("SG") (the "SG Transaction"), a leading plant genetics technology company focused on the development of novel hemp strains with high-CBD content and other hemp-derived cannabinoid cultivars. In connection with the SG Transaction, RMMI has...
2020-10-15 8:30 AM EDT
RMMI Corp. Announces Termination of Hemp Biomass Purchase Agreement and Cancellation of Shares
Calgary, Alberta--(Newsfile Corp. - September 4, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company") announces that it has terminated its previously announced agreement to purchase 136,077 kg of hemp biomass from Clearwater CannGrow Ltd. (the "Hemp Biomass Purchase") and has cancelled 9,111,112 common shares in the capital of RMMI ("Common Shares") related to the Hemp Biomass Purchase. The Company is also announcing that Joey Bedard-Brunet has resigned as Chief Operating Officer (the "Resignation") Following the Resignation, Mr. Bedard-Brunet...
2020-09-04 10:00 PM EDT
RMMI Corp. Announces Closing of First Tranche of Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - August 31, 2020) - RMMI Corp. (CSE: RMMI) ("RMMI" or the "Company"), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement on August 28, 2020, raising initial gross proceeds of CDN$763,810 (the "Private Placement"). In connection with the Private Placement, the Company issued a total of 3,394,709 common shares in the capital of the Company (each...
2020-08-31 8:45 AM EDT