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Cannabis Stock News Daily Roundup May 9

ME Staff

Curaleaf Holdings (CSE: CURA) (OTCQX: CURLF) announced that Dan Foley has been appointed as vice president of finance and investor relations, effective May 6. He will report directly to Curaleaf’s CFO Neil Davidson and will also assist in corporate finance and strategic planning matters.

Trackloop Analytics (CSE: TOOL) (FRANKFURT: B2IP) (OTCQB: TLOOF) plans to unveil its latest delivery track and trace software solution for cannabis at the Cannabis Cup show in Santa Rosa, California in June. The module expands on the company’s traceability solution specialized for urban delivery, enabling dispatcher and driver to plan for an optimal delivery schedule by utilizing advanced order management, driver assignment, routing algorithms and emerging traffic conditions to maximize operational efficiency.

Inner Spirit Holdings Ltd. (CSE: ISH) has filed and been receipted for a preliminary short form prospectus with securities regulatory authorities in all provinces of Canada (except Québec) in connection with a proposed “commercially reasonable efforts” offering of up to 7,500 convertible debenture units at C$1,000 per initial unit for the proceeds of up to C$7.50 million. The offering is expected close on or about May 24.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is entering the U.S. beverage space by investing in the newly-formed Califormulations LLC. Califormulations will operate out of Columbus, Georgia. TGOD will work with Califormulations to expedite the U.S. launch of TGOD-branded organic hemp-based CBD beverages, as local laws and regulations permit.

Grown Rogue International (CSE: GRIN) (OTC: NVSIF) announced the closing of a non-brokered private placement of secured convertible debentures of $1,500,000. The convertible debentures bear an interest rate of 2% per calendar quarter and mature on August 10, 2020.

Ignite International Brands has signed definitive agreements for the manufacture and distribution of CBD products in the United Kingdom with Taylor Mammon & Nathan Ltd. The agreement also includes the option for the company to expand into other strategic European markets. Taylor Mammon is a CBD manufacturer and distributor of white label CBD solutions, based in the United Kingdom.

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