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Tilray Inc. (NASDAQ: TLRY) Enters National Distribution Agreement With Great North Distributors

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Tilray Inc. (NASDAQ: TLRY) and Great North Distributors Inc. have entered a national brokerage agreement with Tilray Canada Ltd.

Great North to distribute Tilray products across Canada except Quebec 

Except for Quebec, Great North will be the only representative for Tilray’s entire range of adult-use cannabis products across the Canadian market according to the agreement terms. Good Supply, Solei, Riff, Canaca, The Batch, Broken Coast, and Chowie Wowie are among Tilray’s most popular cannabis brands.

Tilray CEO Irwin Simon said, “Great North have been great partners in helping us achieve our leadership position in Canada. This agreement will further drive exceptional route-to-market efficiencies for our comprehensive portfolio of adult-use cannabis brands and innovative 2.0 products. We believe Great North’s established network positions our brands on a path to accelerated growth across Canada. In addition, their territory managers and coast to coast coverage enable us to have boots on the ground to drive focus on educating budtenders and consumers on our carefully curated portfolio of brands and high-quality products.”

Tilray is a cannabis research, production, and distribution pioneer. Its unrivaled production platform supports more than 20 brands in more than 20 countries, including comprehensive hemp-based foods, cannabis offerings, and alcoholic beverages.

Great North has an extensive network of merchants and retailers 

Great North Distributors President Doug Wieland said, “Securing the trust of Tilray cements our cannabis sales leadership position in Canada. Great North has executed in the Canadian cannabis market since day one and will immediately bring value in sales execution, as well as the core competencies that come from our leadership team’s alcohol beverage expertise to Tilray’s family of brand.”

Great North has created contacts and expertise working with provincially owned and run merchants as well as private retailers in Canada’s cannabis business, and it has a presence in every province. Furthermore, the distributor brings industry-leading data analytics skills to the sector, giving vendors a great data-driven approach to marijuana sales.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

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Isracann Biosciences Inc. (OTCMKTS: ISCNF) and Auxly Cannabis Group Inc. (OTCMKTS: CBWTF) Announce Executive Leadership Appointment

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Isracann Biosciences Inc. (OTCMKTS: ISCNF) appointed Mr. Phil Floucault as its Chief Executive Officer effective October 20, 2021.

Isracann appoints new CEO

Most recently, Floucault served as CEO, President, and Co-founder of Costa Canna Group & United Greeneries Ltd. that in turn served Canadian retail stores, processing, federal production, local and international sales, and distribution, as well as product development in the cannabis sector.

Floucault will replace Darryl Jones, who resigned as CEO but will continue serving in the capacity of a board director. The company acknowledged that as it transitions from the developmental phase into an operating entity, it is ideal for making proactive senior management changes leveraging industry experience to optimize opportunities.

Floucault stated, “I am delighted to have this opportunity to serve with this highly motivated and experienced team as we push ahead in the Israeli marketplace. We have numerous elements rapidly coming together and are incredibly optimistic about the domestic opportunity and future access into the European markets. The future looks excellent, and we are ready to hit the ground running.”

Auxly appoint Murray McGowan to its Board 

Auxly Cannabis Group Inc. (OTCMKTS: CBWTF) has appointed Imperial Brands Plc Chief Strategy and Development Officer, Murray McGowan, to its Board effective November 1, 2021.

Genevieve Young, Auxly Board of Directors Chair, said, “We are excited to welcome Murray to our board during an important stage in Auxly’s growth. Murray’s extensive strategy and development experience will be invaluable to the company as it continues to grow into one of the leading licensed producers in the country.   We are also thrilled that Conrad has decided to remain on Auxly’s Board after his departure from Imperial as it provides an important piece of continuity. His experience and expertise has been incredibly valuable over the course of the last two years and we are delighted to be able to retain the benefit of his counsel, insight and support on our Board of Directors.”

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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Priority Aviation Inc. (OTCMKTS: PJET) Agrees To Fund And Construct Student Housing Project Supporting a Private University

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Priority Aviation Inc. (OTCMKTS: PJET) has agreed on terms to fund and construct a student housing and residential building in Texas supporting a small private institution whose enrolment is around 1200 students.

Priority Aviation shifted its business strategy 

Recently the company announced a shift in business strategy, with Priority Aviation now focusing on the student housing industry.  A software application set to launch in early December is at the heart of the company’s business plan. The company plans to launch the Student Housing Application in early December.

Currently, student housing is in short supply, and just about 22% of students live on campus. PJET expects its Student Housing App to be well received by the resource-strapped student housing market.

PJET intends to focus on smaller, underrepresented colleges. Notably, the physical housing project unveiled is the first of its kind to complement the Student Housing App initiative, which is aimed at supporting smaller universities.

Besides being an App that aims to be the Airbnb of student housing, the App is designed to maximize advertising to university students.

US students have the spending power of $376 billion 

Over $376B in spending power is projected to be held by 21 million college students in the United States. For instance, last year, students spent $39 billion on food alone. The annual cost of clothing and accessories for students is projected to be $67 billion. Universities spend about $1 billion a year on advertising to the university student group.

While transaction income from the Student Housing App is expected to be significant, PJET anticipates that advertising to the university student population via high-margin advertising revenue will be the key profit source.

The architecture of PJET’s Student Housing App contains an artificial intelligence engine that maximizes the App’s usefulness to businesses seeking to attract university students. The company redirected its operations at the beginning of this year with a focus on student housing.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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Trulieve Cannabis Corp (OTCMKTS: TCNNF) Completes Rebranding Of Former Harvest House of Cannabis Stores in Florida

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Trulieve Cannabis Corp (OTCMKTS: TCNNF) has completed the conversion of all Florida locations formerly branded Harvest House of Cannabis with the reopening of the Port St. Lucie, Florida dispensary. The 107th Trulieve dispensary in Florida started serving patients on Friday, October 2021.

Trulieve acquired Harvest Health and Recreation 

The reopening comes after the company’s acquisition of Harvest Health and Recreation Inc. on October 1. It’s the 14th and last makeover of a former Harvest House of Cannabis dispensary in Florida.

The community of Port St. Lucie is invited to celebrate the launch of this dispensary with Trulieve. On opening day, there will be complimentary food from the local Bagel Boyz food truck, music, all-day bargains, and partner swag giveaways from retailers like Sunshine Cannabis. Also, once the new Port St. Lucie facility opens, all patients will be eligible for a 25% in-store discount, and first-time Trulieve clients will be given a 50% new customer discount, as usual at the Port St. Lucie and other dispensaries across the state.

Customers can order online or instore pickup

Trulieve CEO Kim Rivers said, “With every location Trulieve opens, we are delivering on our commitment to provide Florida’s patients with safe and reliable access to the cannabis products they rely on. We are thrilled to complete the Florida store conversions and look forward to serving patients in every corner of the state as we continue to introduce legacy Harvest brands and welcome customers with an unrivaled retail experience.”

Patients will find the largest assortment of THC and CBD products in Florida, including edibles, concentrates, smokable flower, tinctures, vaporizers, topical creams, and more, in stores and online. Trulieve also provides home delivery throughout the state, as well as convenient online ordering and in-store pickup. The company currently operates in 11 states with lead positions in Florida, Arizona, and Pennsylvania and will continue its accelerated expansion and retails and distribution growth.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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