12/17/2023 0 Comments Medusa distribution![]() Meloche and Origin Merchant Partners will continue to act as significant advisors to the Company. As Vibe contemplates further acquisition activities to continue its growth trajectory, Mr. Meloche for his support as a Board member through the transition from a private to public company over the past two years. Anderson joins the Board as a replacement for Jim Meloche. Anderson holds a Bachelor of Education degree from the University of Regina and has been employed with London Life in a variety of management positions since 1975. Anderson has served as Chief Executive Officer (CEO), Chief Financial Officer (CFO), President and Director of sixteen (16) publicly traded companies, as well as numerous private companies and volunteers for several non-profit and charitable organizations. Gord Anderson B.Ed., CFP, CLU, CH, F.C is a highly respected and seasoned business veteran with over 45 years of experience in financial planning and currently serves as the President of the Freestyle Group of Companies. Anderson has been appointed to its Board of Directors. Ensures the cleanest, safest, and most efficient production processes yielding the highest quality product.Expands plant preparation and harvesting from our cultivation facility.Enables pharmaceutical level processes to deliver superior quality, all-natural cannabis products.pesticide-free products to the highest standards for quality and potency Creates the ability to produce a wide variety of Hype Cannabis Co.Allows manufacturing to produce additional Hype Cannabis Co.Helps coordinate, create, and implement in-store promotions, digital advertising & print materials.Simplifies existing complex supply chain network, from laboratory testing to legal requirements.Allows for improved delivery speed of fresh clones from our nursery to our stores.Enables secure and environment-controlled storage of cannabis products.Provides fast distribution network and an advanced inventory management platform to ship product to stores within 24 hours.Allows for the transportation, packaging, labeling, testing, storage, and transfer of regulated cannabis products.Significantly expands California logistics & fulfillment capabilities.Ventura received 669,398 common shares and 800,000 warrants, each to acquire one common share of Vibe at an exercise price of C$0.60 for a term of twelve months. The Company has assumed the lease obligation for the Santa Rosa facility and the existing inventory of vape products. In connection with the Transaction, Vibe has acquired all the issued and outstanding shares of Cathedral for CAD$333,360 in an all-share transaction based upon Vibe's 30-day volume-weighted average price ("VWAP") for the period ended September 10, 2020. "This opportunity would not have come to fruition without the strength of our highly skilled executive team, who have displayed the ability to profitability operate cannabis assets in highly competitive markets," said Mark Waldron, CEO of Vibe. TM product line and produce a wide variety of all-natural Hype Cannabis Co. The manufacturing license will allow Vibe to expand its Hype Cannabis Co. It will allow Vibe to complete logistics and fulfillment from its cultivation facilities to its retail store network, allowing for the transportation, packaging, labeling, testing, storage, and transfer of its marijuana products. The Santa Rosa facility is licensed for the distribution and manufacturing of regulated cannabis products. CAHC is a wholly-owned subsidiary of Ventura Cannabis and Wellness Corp. Vibe has possession and operational control as of today. ( CSE:VIBE, OTC:VBSCF, GERMANY:A061) (the " Company" or " Vibe"), a California based cannabis retailer and cultivator, is pleased to announce that, further to the Company's press release dated August 30, 2020, it has finalized the previously announced transaction (the "Transaction") to acquire Cathedral Asset Holding Corporation ("CAHC") and its distribution and manufacturing assets in Santa Rosa, California ("Santa Rosa facility"). 17, 2020 (GLOBE NEWSWIRE) - Vibe Bioscience Ltd.
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