Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM) (the
Company or
Stem ), the first multi-state, vertically integrated Farm-to-Home⢠(F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, today announced that it has teamed up with Organic Guyz, a Michigan Cannabis company, for the opening of its newest dispensary in the heart of Kalamazoo, Michigan this June. In addition, Stem will introduce its Budee e-commerce and delivery platform for the first time in the Midwest, in order to service the entire state of Michigan with future plans for expansion in adjacent markets.
Stem” or the “
Company“) the first multi-state, integrated cultivation and omnichannel technology cannabis company, announced today the closing of its previously announced marketed public offering (the “
Offering“) of units of the Company (the “
Units“). The Offering was led by Canaccord Genuity Corp. (the “
Agent“) on a ‘commercially reasonable efforts’ basis and consisted of the sale of 18,744,019 Units (including 1,471,291 Units pursuant to the partial exercise of the over-allotment option by the Agent) at a price of $0.55 per Unit for aggregate gross proceeds of $10,309,210 (including $809,210.05 pursuant to the partial exercise of the over-allotment option by the Agent).
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Stem Holdings, Inc.: Stem Holdings Announces Filing of Final Prospectus
Stem or the
Company ) the first multi-state, integrated cultivation and omnichannel technology cannabis company, announced today that it has obtained a receipt for its final prospectus filed in each of the provinces of Canada, other than Québec (the
Final Prospectus ), and has entered into an agency agreement for its previously announced marketed public offering (the
Offering ) of units of the Company (the
Units ). Pursuant to the Offering, the Company will issue a minimum of 16,363,636 and a maximum of up to 17,272,728 Units at a price of $0.55 per Unit for minimum gross proceeds of $9,000,000 and maximum gross proceeds of up to $9,500,000, subject to the exercise of the Over-Allotment Option (as defined herein). The Company also announced that its registration statement on Form S-1, which was filed with the United States Securities and Exchange Commission in respect of the Offering, was declared
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Red White & Bloom’s Platinum Vape Now Available to 92% of California’s Population through .
Red White & Bloom Brands Inc.March 2, 2021 GMT
TORONTO, March 02, 2021 (GLOBE NEWSWIRE) Red White & Bloom Brands Inc.(CSE: RWB andOTCQX: RWBYF) (“RWB” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Platinum Vape, (“Platinum” or “PV”) has partnered with Budee, the Delivery-as-a- Service platform owned by Stem Holdings, Inc. d/b/a Driven By Stem (CSE: STEM and OTCQX: STMH) to offer Platinum products via home delivery to 92% of California’s population through the “Budee” e-commerce store. https://budee.org/brands/platinum-vape