Steep Hill Inc.

Recent News

  • Canbud Distribution Enters Into Definitive Agreement to Acquire Steep Hill, Inc.

    Toronto, Ontario--(Newsfile Corp. - December 8, 2021) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Corporation") is pleased to announce that, further to its news release of August 9, 2021, it has entered into a definitive merger agreement (the "Merger Agreement") with Steep Hill, Inc. ("Steep Hill") and Canbud Merger Sub, Inc. ("Subco"), a wholly-owned subsidiary of Canbud, on December 7, 2021 pursuant to which it agreed to acquire all of the outstanding securities of Steep Hill by...

    2021-12-08 11:52 AM EST
  • Canbud Appoints New Board Member and Provides Acquisition Update

    Toronto, Ontario--(Newsfile Corp. - October 8, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the "Corporation" or "Canbud") is pleased to provide the following update:Addition of Dr. Jane Wright-Mitchell, PharmD, JD to the Board of Directors. Based in California, Dr. Jane Wright-Mitchell is an experienced healthcare and life sciences attorney with more than 20 years working with pharmaceutical and medical device companies. She is currently General Counsel, Chief Compliance Officer and Corporate Secretary with Vaxcyte, Inc., a vaccine development...

    2021-10-08 8:31 AM EDT
  • Canbud Provides Updates on Progress on Psychedelics Operations

    Toronto, Ontario--(Newsfile Corp. - October 6, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the "Corporation" or "Canbud") Management would like to provide the following update on the developments in the Jamaican operations.On December 7, 2020, Canbud announced that it had entered into a definitive agreement dated December 4, 2020 to acquire 100% of the issued and outstanding securities of 2688453 Ontario Ltd. in exchange for 7,600,000 common shares at a deemed price per share equal to 19.5 cents.In...

    2021-10-06 8:48 AM EDT
  • Canbud Enters into Memorandum of Understanding for Psilocybin Producing Mushroom Research and Development

    Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the "Corporation" or "Canbud") is pleased to announce that on September 3,2021 it has entered into a memorandum of understanding (the "MOU") with the College of Agriculture, Science and Education ("CASE"), establishing a business and research and development ("R&D") relationship between the parties. CASE is a tertiary educational institution located in Port Antonio, Jamaica, with a tripartite mandate of teaching, research, and outreach.Under the terms...

    2021-09-14 9:38 AM EDT
  • Canbud Provides Corporate Update

    Toronto, Ontario--(Newsfile Corp. - August 19, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the "Corporation" or "Canbud") is pleased to provide the following update:Consolidation of activities and associated licenses: Following a review of current and planned activities, including the planned acquisition of Steep Hill Inc., Canbud has elected to make the following changes to streamline and rationalize its operations to maximize resources and future capital investments.Canbud has voluntarily submitted a request to cancel the Federal Sales License...

    2021-08-19 7:00 AM EDT
  • Canbud To Enter U.S. Analytical Testing Services Market - Signs LOI To Acquire Steep Hill Inc.

    Toronto, Ontario--(Newsfile Corp. - August 9, 2021) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) (the "Corporation" or "Canbud") is pleased to announce that, on August 7, 2021, it entered into a non-binding Letter of Intent (the "Letter of Intent") with Steep Hill Inc.("SH") in respect of a proposed transaction (the "Proposed Transaction"), whereby the Corporation would acquire all of the issued and outstanding common shares of SH.SH, the first commercial cannabis laboratory founded in 2008, is one of the...

    2021-08-09 3:44 PM EDT
  • Canbud Subsidiary, Molecular Science Corp., Receives Dealer's License - Becomes One of Very Few Organizations Able To Work With Psilocybin with Health Canada Approval

    Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Canbud Distribution Corp. (CSE: CBDX) ("Canbud" or the "Corporation") is pleased to announce that its wholly-owned subsidiary, Molecular Science Corp. ("MSC" or the "Company"), a leading GMP analytical services company, has received its Dealer's License from Health Canada on July 30, 2021. As a result, MSC has become one of very few organizations able to work with Psilocybin with Health Canada approvalThis significant milestone expands MSC's current licensed capabilities to include...

    2021-08-03 9:02 AM EDT
  • Canbud Distribution Corporation Completes Acquisition of Molecular Science Corp.

    Toronto, Ontario--(Newsfile Corp. - July 8, 2021) - Canbud Distribution Corporation (CSE: CBDX) ("Canbud" or the "Corporation") is pleased to announce that it has completed its previously announced acquisition (the "Acquisition") of Molecular Science Corp. ("MSC"). The Acquisition was completed by way of a "three-cornered" amalgamation, whereby a newly-formed wholly-owned subsidiary of the Corporation amalgamated with MSC under the Business Corporations Act (Ontario) to form MSC Corp., a wholly-owned subsidiary of the Corporation. In connection with the Acquisition, the Corporation...

    2021-07-08 5:52 PM EDT