Canbud Distribution Corporation

Recent News

  • CanBud Distribution Corporation Closes 2.6M First Tranche of its Previously Announced 3.5M Private Placement Offering

    Toronto, Ontario--(Newsfile Corp. - February 24, 2021) -  CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) ("CanBud" or the "Corporation") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for gross proceeds of approximately $2,639,080 (the "Offering"). The second and final tranche of the Offering is expected to close on March 2, 2021. The Corporation issued 21,992,333 Units at price of $0.12 per Unit, with each Unit comprised of one common share...

    2021-02-24 6:00 AM EST
  • Canbud Distribution Corporation Announces 3.5M Private Placement Offering

    Toronto, Ontario--(Newsfile Corp. - February 19, 2021) - Canbud Distribution Corporation (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to $3,500,000 through the issuance of approximately 29,200,000 million units ("Units") at a price of $0.12 per Unit (the "Offering"). Each Unit is comprised of one common share in the capital of the Corporation (each a "Common Share") and one common...

    2021-02-19 5:05 PM EST
  • Canbud Distribution Corp. Commences Psychedelics Operations in Jamaica

    Toronto, Ontario--(Newsfile Corp. - February 9, 2021) - Pursuant to our news release of December 7, 2020, Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ( "Canbud") is pleased to confirm commencement of psychedelics related activity in Jamaica.The company is pleased to announce that the property is being prepared for Phase 1 in Westmoreland parish, Jamaica. Construction has started on the psilocybin facility which will allow for cultivation and extraction. The plan is to build modular facilities that enable cultivation...

    2021-02-09 7:07 AM EST
  • Canbud Launches the Empathy Plant Co. (TM) Plant-Based Protein Brand

    Toronto, Ontario--(Newsfile Corp. - January 25, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSX: CD0) ("Canbud" or the "Company") is pleased to announce the launch of Empathy Plant Co.™The trademark has been secured with the CIPO,and positioning for North American harmonization has commenced. Empathy Plant Co. is a plant-based protein brand with 100% compostable packaging to support the company's sustainability vision. CANBUD has entered the plant-based protein market via the Empathy Plant Co. brand with 5 SKUs already assembled...

    2021-01-25 7:07 AM EST
  • Canbud Signs Letter of Intent with Hempsana For Accretive Revenue Partnership

    Toronto, Ontario--(Newsfile Corp. - January 19, 2021) -  Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company") is pleased to announce it has signed a Letter of Intent with Hempsana Inc. ("Hempsana") to develop and manufacture CBD products for distribution to the medical-patient channel. The United Nations Commission on Narcotic Drugs (CND) accepted and passed a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic...

    2021-01-19 7:07 AM EST
  • Canbud Advances Blockchain for Genetic and Consumer Feedback Information Management

    Toronto, Ontario--(Newsfile Corp. - January 18, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSX: CD0) ("Canbud" or the "Company") is pleased to announce it will advance its development of a decentralized based consumer feedback and chain of custody platform for its psychedelics/functional mushrooms, CBD and plant-based product offerings aptly named "CanbudProve".Canbud is a science and tech centric company that provides solutions that embrace the digital economy. The marriage of DNA and blockchain will serve to provide information on product origins,...

    2021-01-18 7:07 AM EST
  • Canbud Appoints Nutraceuticals and Plant Based Wellness Industry Expert

    Toronto, Ontario--(Newsfile Corp. - January 7, 2021) -  Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company"). The company is pleased to announce the appointment of Adrian Burke to the position of Vice-President, Marketing.Adrian is a serial entrepreneur with multiple exits and brings an immense amount of passion with his studious nature. His twenty-four years of brand development, marketing, and business development experience leverages the dynamic Canbud team. Adrian's previous focus in the nutraceutical space, and his insights...

    2021-01-07 7:07 AM EST
  • Canbud Distribution Develops CBD Patient Distribution Network to Leverage Federal Sales License

    Toronto, Ontario--(Newsfile Corp. - December 29, 2020) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company") is pleased to announce that it has signed an agreement with a cannabis clinic to develop a CBD patient distribution network.Robert Tjandra, COO of Canbud comments, "this initiative demonstrates the Company's continuing execution of the business plan to generate revenue. The CBD revenue stream forms a composite of an overall plan to create multiple revenue streams. The patient distribution network development...

    2020-12-29 7:07 AM EST