CanBud Distribution Corporation Closes 2M Second and Final Tranche of its Oversubscribed Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - March 8, 2021) - CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) ("CanBud" or the "Corporation") is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement for aggregate gross proceeds of approximately $4,730,000 (the "Offering"). The Corporation issued a combined total of 39,409,346 units (each a "Unit") at price of $0.12 per Unit, with each Unit comprised of one common share in the capital of...
2021-03-08 8:08 PM EST
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...
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...
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...
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...
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...
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...
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....
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...
2020-12-29 7:07 AM EST
Canbud Distribution Develops DNA Markers for Mushrooms
Toronto, Ontario--(Newsfile Corp. - December 17, 2020) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company") is pleased to announce that it has initiated the scientific application of DNA markers for mushroom improvement. Robert Tjandra, COO of Canbud comments, "this initiative demonstrates the Company's continuing application of Science and Technology to achieve a better understanding of the genetics of both functional mushrooms and psychedelic mushrooms. The Company...
2020-12-17 7:07 AM EST
Canbud Distribution Develops Medicinal Mushroom Immune Support Products
Toronto, Ontario--(Newsfile Corp. - December 14, 2020) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company") Canbud is pleased to announce that it has started the development of medicinal mushroom immune support products. As per the report published by Fior Markets, the global immune health supplements market is expected to grow from USD 16.32 billion in 2019 to USD 29.40 billion by 2027, at a CAGR of 7.4% during the forecast period 2020-2027. Immunity care has become...
2020-12-14 7:07 AM EST
Canbud Distribution Enters Psychedelics Market To Expand On Health And Wellness Theme
Toronto, Ontario--(Newsfile Corp. - December 7, 2020) - Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) ("Canbud" or the "Company"). Canbud has entered into a definitive agreement dated Dec 4, 2020, pursuant to which it will acquire 100 per cent of the issued and outstanding securities of 2688453 Ontario Ltd. Through this opportunistic acquisition, Canbud has secured an approved 2-acre psilocybin production site near Negril, Jamaica with an allowance for expansion up to 20 acres. The...
2020-12-07 7:07 AM EST
Canbud Distribution Announces Listing on Frankfurt Stock Exchange
Toronto, Ontario--(Newsfile Corp. - December 3, 2020) - Canbud Distribution Corporation (CSE: CBDX) (FSE: CD0) (the "Corporation") is pleased to announce its common shares have been accepted for listing on the Frankfurt Stock Exchange (FSE) under the trading symbol "CD0". As a result, the company's common shares are now cross-listed on the CSE and the FSE. Raj Ravindran CFO comments, "The Frankfurt listing will help increase trading liquidity and facilitate investment in the Company by...
2020-12-03 7:07 AM EST
Canbud Distribution Announces Granting of Federal Sales Licence for Medical Purposes
Toronto, Ontario--(Newsfile Corp. - December 1, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce that it has been granted a Federal Sales License for Medical Purposes by Health Canada. The global medical cannabis market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 82.19 billion by 2027 growing at a CAGR of 20.25% in the above-mentioned forecast period....
2020-12-01 7:07 AM EST
Canbud Distribution Announces Closing of Private Placement for Gross Proceeds of $500,000
Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce the closing of a non-brokered private placement financing (the "Offering") of gross proceeds of $500,000 through the issuance of 5,000,000 units (each, a "Unit") at a price of $0.10 per Unit. Each Unit is comprised of one common share in the capital of the Corporation (each a "Common Share") and one common share purchase warrant (each a "Warrant")....
2020-11-24 5:15 PM EST
Canbud Explores Hemp-Based Technologies and Health and Wellness Initiatives
Toronto, Ontario--(Newsfile Corp. - November 16, 2020) - Canbud Distribution Corporation (CSE: CBDX) ("Canbud" or the "Company") is pleased to provide an update on its existing progress and future initiatives. The Company portrays itself as a science and technology company. It has developed a cost-effective outdoor hemp cultivation system including a proprietary onsite clonal system. The Company continues to work on the DNA markers to create superior cultivars. The Company is also working on...
2020-11-16 12:12 PM EST
Canbud Distribution Completes Initial Public Offering and Announces Listing on the Canadian Securities Exchange
Toronto, Ontario--(Newsfile Corp. - October 8, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce that it has completed its initial public offering (the "Offering") pursuant to a prospectus dated September 30, 2020. Upon completion of the Offering, the Corporation has 38,288,000 common shares issued and outstanding, of which 13,190,000 common shares are subject to securities law and contractual escrow requirements. The Corporation is also pleased to...
2020-10-08 6:00 PM EDT