Steep Hill Inc.

Recent News

  • Steep Hill Inc. to Close Canadian Lab and Focus on US Operations

    Toronto, Ontario--(Newsfile Corp. - September 2, 2022) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") has made the decision close its analytical testing facility in Scarborough, Ontario on September 1, 2022. "Molecular Science Corp. (MSC) was one of the first purpose-built labs in the regulated cannabis sector in Canada. Changes in the market including price compression and increased costs have made ongoing operations unsustainable from profitability standpoint," said Sameet Kanade, CEO for Steep Hill.Since obtaining Health...

    2022-09-02 7:00 AM EDT
  • Steep Hill Inc. Provides An Update

    Toronto, Ontario--(Newsfile Corp. - July 25, 2022) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company"), a leading cannabis science and technology company, was named as one of several defendants in a complaint filed in the United States District Court for the Eastern District of Arkansas. The complaint, brought by purchasers of medical marijuana in Arkansas, on behalf of a proposed class, alleges that the Company's licensee, Steep Hill Arkansas, and Arkansas based cannabis cultivators, violated federal laws...

    2022-07-25 8:29 AM EDT
  • Steep Hill Enters License Agreement For a Licensed Lab in Vermont

    Berkeley, California and Toronto, Ontario--(Newsfile Corp. - May 6, 2022) - Steep Hill Inc. (CSE:STPH) ("Steep Hill" or the "Company"), a pioneer and leader in cannabis analytical testing announces that it has entered into a licensing agreement (the "Licence Agreement") with SH Lab Holdings LLC ("Steep Hill Vermont"), expanding its network of licensees to the state of Vermont.Under the terms of the License Agreement signed on April 20, 2022, the Company's wholly owned subsidiary, Steep Hill (US) granted to Steep Hill...

    2022-05-06 8:33 AM EDT
  • Canbud Distribution Corp. Announces Name Change to "Steep Hill Inc."

    Toronto, Ontario--(Newsfile Corp. - February 23, 2022) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Company") is pleased to announce that further to its press release dated February 14, 2022, the Corporation has now filed articles of amendment with an effective date of Monday February 28, 2022 to change its corporate name from Canbud Distribution Corp. to "Steep Hill Inc." The Company's new stock symbol on the Canadian Securities Exchange will be "STPH", and the Company expects its shares...

    2022-02-23 5:10 PM EST
  • Canbud Distribution Corp. Announces Intention to Change Name and Stock Symbol

    Toronto, Ontario--(Newsfile Corp. - February 14, 2022) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CDO) ("Canbud" or the "Company") announces that it intends to change its name to "Steep Hill Inc." and its stock symbol to "STPH". The proposed Company name and stock symbol changes are subject to approval from the Canadian Securities Exchange and its receipt of new CUSIP and ISIN numbers. Assuming the satisfaction of these requirements, the Company intends to issue a subsequent news release announcing the...

    2022-02-14 8:35 AM EST
  • Canbud Announces Appointment of Sameet Kanade as Chief Executive Officer and Director and Retirement of Steve Singh

    Toronto, Ontario--(Newsfile Corp. - February 1, 2022) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Company") is pleased to announce that its board of directors has appointed Sameet Kanade as a director and Chief Executive Officer of the Company, effective immediately. Mr. Kanade, succeeds Mukesh (Steve) Singh who has stepped down from these positions in order to focus on other ventures. Mr. Singh will serve as a strategic advisor, to the Company to ensure a proper transition and...

    2022-02-01 9:09 AM EST
  • Canbud Distribution Announces the Closing of its Acquisition of Steep Hill Inc

    Toronto, Ontario--(Newsfile Corp. - January 31, 2022) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Company") is pleased to report that it has completed its previously announced acquisition (the "Transaction") of Steep Hill, Inc. ("Steep Hill"), a cannabis science company in the business of providing lab testing, research and development, and consulting services in in the United States and elsewhere in the world. The Transaction was completed in accordance with an agreement and plan of merger and reorganization agreement...

    2022-01-31 7:00 AM EST
  • Canbud Distribution Corp. Announces Update on Pending Acquisition of Steep Hill, Inc.

    Toronto, Ontario--(Newsfile Corp. - January 10, 2022) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Company") is pleased to provide the following updates on its pending acquisition of Steep Hill, Inc. ("Steep Hill"), a cannabis science company in the business of providing lab testing, research and development, and consulting services in in the United States and elsewhere in the world.As previously announced, on December 8, 2021, Canbud and its wholly-owned subsidiary, Canbud Merger Sub, Inc., entered into an...

    2022-01-10 10:31 AM EST