Located at 48 Main Street, Battle Creek, MI , 49014, Gage Battle Creek is currently serving patients with a valid Michigan Medical Marijuana ID and expects to begin welcoming adult-use customers in the coming weeks.
The Company aims to build a robust cannabis business community in Michigan through its social equity program that awards $50,000 to cannabis entrepreneurs in 20 social equity cities designated by the Michigan Marijuana Regulatory Agency.
Gage is also pleased to announce that the Company has added another provisioning center to its portfolio.
Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations.
The Company defines “Adjusted EBITDA” as net income from operations, as reported, before interest and tax, adjusted to exclude extraordinary items, non-recurring items, other non-cash items, including stock-based compensation expense, depreciation and amortization, foreign exchange and acquisition related costs, if applicable.
We caution readers that Adjusted EBITDA should not be substituted for determining net loss as an indicator of operating results, or as a substitute for cash flows from operating and investing activities.
References in this news release to the Company and its operations and assets are inclusive of the operations and assets of certain licensed cannabis operators that operate under the Gage brand pursuant to contractual arrangements with the Company.
Investors should carefully read the risk factors and disclosures contained in the Company’s long form prospectus dated March 26, 2021 and other disclosure documents available on the Company’s profile at www.sedar.com .
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.
Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: unexpected costs or delays in the completion of the Company’s proposed dispensaries and other operations; negative results experienced by the Company as a result of general economic conditions or the ongoing COVID-19 pandemic; delays in the ability of the Company to obtain certain regulatory approvals; unforeseen delays or costs in the completion of the Company’s construction projects; adverse changes to demand for cannabis products; ongoing projects by competitors that may impact the relative size of the Company’s operations; adverse changes in applicable laws; adverse changes in the application or enforcement of current laws, including those related to taxation; increasing costs of compliance with extensive government regulation; changes in general economic, business and political conditions, including changes in the financial markets; and the other risks disclosed in the Company’s long form prospectus dated March 26, 2021 and other disclosure documents available on the Company’s profile at www.sedar.com .
Although the data is believed to be reliable, the Company has not independently verified any of the data from third party sources referred to in this press release or ascertained the underlying economic assumptions relied upon by such sources.
JustKitchen is a network of virtual kitchens that benefit from lower overhead and operating costs to achieve better economics than operating a dine-in restaurant.
Green Roads, the target of Valens’s acquisition, is a hemp-derived CBD producer based in Florida.
On each Tuesday in May, participants will hear from trailblazing experts and influencers who are shaping the industry and will learn about the exciting investment opportunities emerging as legal cannabis gains increasing acceptance worldwide.
With cannabis legalization rapidly expanding across the United States, the opportunities for investors are growing as well.
While so much of the talk around the cannabis industry centres on recreational use, the investment opportunities in health and wellness are expanding just as fast.
The legalization trend in cannabis is a truly global one.
It has been wonderful to see so many entrepreneurs capitalizing on a rapidly changing regulatory environment to pursue diverse opportunities across the industry.
The Canadian Securities Exchange is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally.
The CSE offers investors in Canada and abroad access to a multi-sector collection of growth companies through a liquid, reliable and highly regulated trading platform.
‘Live Resin’, an innovative and relatively new form of cannabis product, has quickly become the ‘Holy Grail’ for cannabis connoisseurs.
“We have outstripped demand for our unique and highly valued genetic strains, and now with these Pods, we can offer our proprietary genetics in a concentrate form to serve the vape pen market,” said Mr. Blink.
The Company confirms as of the date of this news release that there has been no material change in the information contained in the announcement issued on April 1, 2021, and there is no other material information concerning the affairs of the Company that has not been generally disclosed.
With its new cultivation facility in Daly, California, the company is now poised to become one of the largest and most efficient vertically integrated cannabis companies in the California market.
This information is based on current expectations and assumptions, including assumptions concerning the completion of the expansion of the Daly Facility, government approval of pro-cannabis policies, greater access to financial services and increased cultivation capacity, that are subject to significant risks and uncertainties that are difficult to predict.
– Curaleaf Holdings, Inc.
Also as part of the opening celebration, Curaleaf Maine is making a contribution to Black Owned Maine Family Relief Program, which helps cover the cost of necessities including rent, electricity, food, heat, transportation, and daycare for community members who need support.
As part of this initiative, Curaleaf is working toward building a fair and equitable industry for all by making a commitment to employ at least 10% of 2021 hires from communities impacted by cannabis-related offenses.
Last year, through its Feed the Block program, Curaleaf fed over 400 local families through its $8,000 donation to Kaydenz Kitchen Food Pantry in Lewiston, Maine , to help fight food insecurity in the local community.
Curaleaf International, is the largest vertically integrated independent cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production.
Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as “plans”, “expects” or, “proposed”, “is expected”, “intends”, “anticipates”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved.