Steep Hill Provides Update on Transaction with Good Purpose Investments
Toronto, Ontario--(Newsfile Corp. - December 19, 2025) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") is pleased to provide an update on its ongoing transaction with Good Purpose Investments Inc. ("Good Purpose"). Good Purpose is a privately held British Columbia corporation that operates a business engaged in the manufacturing, marketing, and distribution of textiles made from recycled plastics under the trade name "Waste2Wear." Through its subsidiaries, Good Purpose develops...
2025-12-19 5:30 PM EST
Steep Hill Announces Amalgamation Agreement with Good Purpose Investments
Toronto, Ontario--(Newsfile Corp. - November 13, 2025) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") is pleased to announce that it has entered into an amalgamation agreement (the "Amalgamation Agreement") dated effective November 12, 2025, with Good Purpose Investments Inc. ("Good Purpose") and 1561117 B.C. Ltd. ("Subco"), a wholly owned subsidiary of the Company, pursuant to which the Company will, by way of a three-cornered amalgamation and through Subco, acquire all of the...
2025-11-13 10:19 AM EST
Steep Hill Announces Appointment of Director
Toronto, Ontario--(Newsfile Corp. - August 20, 2025) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") is pleased to announce that Ms. Sonia Agustina has been appointed as a Director of the Company, effective August 13, 2025. Ms. Agustina is a Chartered Professional Accountant with over 20 years of financial leadership experience in both public practice and industry, specializing in regulated, high-growth, and publicly listed companies. She currently serves as Chief Financial...
2025-08-20 5:00 PM EDT
Steep Hill Terminates SPA with Lir Life Sciences Inc.
Toronto, Ontario--(Newsfile Corp. - July 3, 2025) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") announces that further to its press release of February 12, 2025, the Company has terminated: the (i) share purchase agreement (the "Original Purchase Agreement"), dated as of February 12, 2025, (ii) first amending agreement (the "First Amending Agreement") dated March 28, 2025, and (iii) second amending agreement (the "Second Amending Agreement" and together with the Original...
2025-07-03 5:00 PM EDT
Steep Hill Signs Agreement to Acquire Lir Life Sciences Inc.
Toronto, Ontario--(Newsfile Corp. - February 12, 2025) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") is pleased to announce that that it has entered into a share purchase agreement (the "Purchase Agreement") dated February 12, 2025, with a number of arm's length vendors (the "Vendors") to acquire (the "Acquisition") 100% of the issued and outstanding shares of Lir Life Sciences Inc. ("Lir") in consideration for an aggregate of 136,054,422 common shares of the Company (the...
2025-02-12 5:00 PM EST
Steep Hill Annouces Director Resignation
Toronto, Ontario--(Newsfile Corp. - July 19, 2024) - Steep Hill Inc. (CSE: STPH) announces that Mr. Anthony Viele has resigned as a member of the board of directors effective immediately. The Board appreciates Mr. Viele's contribution during his tenure and wishes him all the best in his next venture. ABOUT STEEP HILL Steep Hill is in the process of restructuring its business and is exploring strategic alternatives. For further information, please contact: Sameet Kanade, CEO Email:...
2024-07-19 5:15 PM EDT
Steep Hill Announces Consolidation
Toronto, Ontario--(Newsfile Corp. - December 1, 2023) - Steep Hill Inc. (CSE: STPH) (the "Company") announces that it will be effecting a share consolidation of its issued and outstanding common shares ("Common Shares") on a one (1) post-consolidation Common Share for every fifteen (15) pre-consolidation Common Shares (the "Consolidation"). Shareholders of the Company approved the Consolidation at the Company's annual and special shareholder meeting held on July 28, 2023. In relation to the...
2023-12-01 7:00 AM EST
Steep Hill Settles Indemnification Lawsuit
Toronto, Ontario--(Newsfile Corp. - October 18, 2023) - Steep Hill Inc. (CSE: STPH) (the "Company") is pleased to announce that further to its press release of August 31, 2023, the Company and its wholly owned Delaware subsidiary, Steep Hill, Inc. ("Steep Hill US"), have reached a settlement with the former Chief Executive Officer of Steep Hill US, Jmîchaeĺe Keller, and his consulting company, Delft Blue Horizons B.V. The settlement resolves all litigation and releases all claims between the...
2023-10-18 5:00 PM EDT
Steep Hill Provides Update on Indemnification Lawsuit
Toronto, Ontario--(Newsfile Corp. - September 5, 2023) - Steep Hill Inc. (CSE: STPH) (the "Company") announces that, on August 31, 2023, the Delaware Court of Chancery issued a decision in the indemnification action filed by Jmîchaeĺe Keller against the Company's wholly owned Delaware subsidiary, Steep Hill, Inc. ("Steep Hill"), in which he seeks indemnification of attorneys' fees and expenses related to a 2021 arbitration. The Court ruled that claims brought by Steep Hill in the arbitration...
2023-09-05 4:35 PM EDT
Steep Hill Mourns the Passing of Board Member, David Walters
Toronto, Ontario--(Newsfile Corp. - July 4, 2023) - It is with great sadness that the Board of Directors and management of Steep Hill Inc. (CSE: STPH) announce that Director, David Walters, has passed away. David joined the board at the time of the go-public transaction of Canbud Distribution Corp., (now called Steep Hill Inc) and during his time with the company provided oversight as Audit Committee chair. On behalf of the Board of Directors and team, we extend our deepest condolences to...
2023-07-04 5:05 PM EDT
Steep Hill Announces CFO Change
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") announces that Raj Ravindran has resigned as the company's Chief Financial Officer to pursue other endeavors. Raj was one of the co-founders of Canbud Distribution Corp., the entity that culminated into Steep Hill following the acquisitions made in 2021 and 2022. The Board appreciates his contribution to Steep Hill and wishes him the best in his next venture. The Board is pleased to...
2023-06-01 12:31 PM EDT
Steep Hill Provides Update
Toronto, Ontario--(Newsfile Corp. - April 4, 2023) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") announces that, further to its press release of March 1, 2023, where it was announced that the Company's wholly-owned subsidiary ("Steep Hill US") and Green Analytics MD, LLC, Green Analytics Massachusetts LLC, Green Analytics East LLC, Green Analytics North LLC, Green Analytics Virginia, LLC, Green Analytics West Virginia, LLC, and Green Analytics New York, LLC (collectively, the...
2023-04-04 8:41 AM EDT
Steep Hill Enters Settlement and Release Agreement Terminating Key Licenses
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Steep Hill Inc. (CSE: STPH) ("Steep Hill" or the "Company") announces that it has entered into a settlement and release agreement (the "Termination Agreement") with its wholly owned subsidiary Steep Hill Inc. ("Steep Hill US") and Green Analytics MD, LLC, Green Analytics Massachusetts LLC, Green Analytics East LLC, Green Analytics North LLC, Green Analytics Virginia, LLC, Green Analytics West Virginia, LLC, and Green Analytics New York,...
2023-03-01 5:15 PM EST
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...
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...
2022-07-25 8:29 AM EDT
Steep Hill Enters License Agreement For a Licensed Lab in Vermont
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)...
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...
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...
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...
2022-01-31 7:00 AM EST