Hill Street Beverage Company Inc.: Hill Street Welcomes Raymond Bisaillon to the Board of Directors
Hill Street Beverage Company Inc.
(TSXV: BEER)
( Hill Street or the
Company ) is pleased to announce that it has appointed Raymond Bisaillon to the board of directors of the Company.
Jack Fraser, Chairman of the Board stated, We are very excited to welcome Raymond to the Board of Directors of Hill Street, as his past success & fresh approach to this rapidly expanding sector compliments the talents of the company s already rich assets.
His appointment comes at a time when Hill Street is poised to leverage the recent acquisition of the exclusive rights to Lexaria s ground-breaking DehydraTECHTM patent portfolio on a global basis. Mr. Bisaillon commented that I am of the strong belief that DehydraTech is the safest, healthiest and most simple method to infuse the numerous attributes of the Cannabis plant into the bloodstream and am thrilled to partner with Hill Street Bever
Hill Street Beverage Company Inc.: Hill Street Appoints Co-Chief Executive Officers
Hill Street Beverage Company Inc.
(TSXV: BEER)
( Hill Street or the
Company ) announces that it will be restructuring its senior management team and will be appointing current board members, Lori Senecal and Craig Binkley, as interim co-Chief Executive Officers of the Company. The Company anticipates that Mr. Donnelly, will remain with the Company as a board member until its next AGM.
Jack Fraser, Chairman of the Board stated, On behalf of Hill Street, I would like to thank Terry for his service to the Company. His expertise and dedication have benefitted the Company in countless ways and we wish him the utmost success in his future endeavours. Adding, that, We are very excited to welcome Craig and Lori to their expanded roles as Co-CEOs of Hill Street. The extensive knowledge and expertise that Craig and Lori bring at this stage to Hill Street s operating team will help guide the Compa
Lexaria Closes Sale of Non-Pharmaceutical THC-Related Assets albuquerqueexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albuquerqueexpress.com Daily Mail and Mail on Sunday newspapers.
Lexaria Bioscience Corp.: Lexaria Closes Sale of Non-Pharmaceutical THC-Related Assets
Asset Sale in Preparation for Potential US National Securities Exchange Listing
KELOWNA, BC / ACCESSWIRE / December 10, 2020 / Lexaria Bioscience Corp. (OTCQX:LXRP)(CSE:LXX) (the Company or Lexaria ), a global innovator in drug delivery platforms, announces that it has closed the sale of its non-pharmaceutical THC-related assets ( the Assets ) held within Lexaria Canpharm ULC, a Lexaria wholly-owned subsidiary, to Hill Street Beverage Company Inc. ( Hill Street ) (BEER) as first announced on November 19, 2020.
The total agreed-upon purchase price for the Assets is $3,850,000. Lexaria has received $350,000 in cash (all prices in CDN$), 6,031,363 restricted common shares of Hill Street at a deemed price of $0.0829 per share as the first required equity-based payment, a promissory note having a principal amount of $2,000,000 and bearing interest at the rate of 10% per annum, and a limited licens
Hill Street Beverage Company Inc.: Hill Street Announces Closing of Asset Acquisition of Lexaria Canpharm
Hill Street Beverage Company Inc.
(TSXV: BEER)
( Hill Street or the Company ) today announces that further to its press release dated November 18, 2020, it has closed the acquisition of the primary assets of
Lexaria Canpharm ULC, the cannabis-related division of
Lexaria Bioscience Corp. ( Lexaria ). This
acquisition provides Lexaria s ground-breaking
DehydraTECH
TM patent portfolio on a global basis to make any type of non-pharmaceutical product containing 0.3% or greater THC and other psychoactive cannabinoids. In addition, the agreement expands
Hill Street s license with
Lexaria Hemp Corp. to make products containing CBD on a global basis for ten years.