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TORONTO, April 30, 2021 (GLOBE NEWSWIRE) Yooma Wellness Inc. (
Yooma ) (CSE:YOOM), a Toronto-based vertically-integrated global wellness platform that develops and markets a portfolio of wellness brands, today announced that it has filed the annual financial statements (the
Financial Statements ) for one of its predecessor companies, Yooma Corp., for the financial period from January 1, 2020 to December 31, 2020 (the
Reporting Period ). Yooma was formed by amalgamation on February 10, 2021, when Yooma Corp. completed a reverse takeover of Globalive Technology Inc. (
GTI ). The Financial Statements filed today are the financial statements of Yooma Corp., whose business and management team are the go-forward business and management team of Yooma.
Cannabis stocks traded mostly in the green this week, as we got into earnings season.
“While there were a lot of companies reporting earnings, like Turning Point Brands who gave guidance of $422 million for 2021, I thought the biggest piece of data came from Pennsylvania
,” Debra Borchardt, editor-in-chief of Green Market Report, told Benzinga. “The state reported that in one year it had sold over $900 million in medical marijuana. This demonstrates the demand for cannabis in this state and bodes well for any future adult-use legalization. This is also a big number when one considers that the program has only just gotten underway.”
Vertically integrated cannabis company
Ascend Wellness Holdings, Inc. is poised to go public through an initial public offering of some 10 million shares of its Class A common stock at $8 per share.
The New York-based company said Wednesday that underwriters will have a month to buy up to an additional 1.5 million shares of its Class A common stock at the set price.
The company expects to close the offering and then debut on the Canadian Securities Exchange on Tuesday, May 4 under the ticker symbol AAWH.
AWH said it anticipates seeing its shares quoted on the OTCQX Best Market once the offering is closed.
Orchid Ventures Announces Grant of Stock Options theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Orchid Ventures, Inc.: Orchid Ventures Announces Grant of Stock Options
Company or
Orchid ) (CSE:ORCD)(OTC PINK:ORVRD) announces that the Company has granted stock options (
Options ) to certain of its directors, officers and employees to acquire an aggregate of 4,470,000 common shares of the Company (
Shares ).
The Options have an exercise price of $0.34 per Share, being a price slightly higher than the $0.335 closing trading price of the Shares on the Canadian Securities Exchange on April 22, 2021. The Options expire on April 22, 2026 and vest immediately.
About Orchid Ventures, Inc.
Orchid Essentials is a California-based cannabis innovation company that has developed a mass-market brand and loyal consumer following with its premium cannabis products and unique vape hardware delivery systems. Orchid also owns 100% of PurTec Delivery Systems, a company that produces, markets and sells clean vaporizer hardware that has been emissions tested against the most stringent sta