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Toronto, Ontario--(Newsfile Corp. - November 12, 2018) - On November 9, 2018, pursuant to an arm's length business combination agreement between Xanthic Biopharma Inc. ("Xanthic") and Green Growth Brands Ltd. ("GGB"), Xanthic completed a business combination with GGB by way of a three-cornered amalgamation pursuant to which GGB amalgamated with a wholly-owned subsidiary of Xanthic to form one company as a wholly-owned subsidiary of Xanthic (the "Business Combination"). Following closing, Xanthic will continue under ...
TORONTO , Nov. 9, 2018 /CNW/ - Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) ("Xanthic") (CSE:XTHC.CN) and Green Growth Brands Inc. ("GGB") are pleased to announce that they have completed the previously announced Business Combination (defined below) between Xanthic and GGB (see The Business Combination below). Following closing, Xanthic will continue under the corporate name "Xanthic Biopharma Inc." until the first quarter of 2019, following which time it is expected to change its corporate name to "Green Growth Brands Ltd." (the combined entity, following completion of the Business Combination is referred to as "we", the "Company" or the "Resulting Issuer"). Until such time the Company will operate in Ontario under the business name "Green Growth Brands".
TORONTO , Nov. 5, 2018 /CNW/ - Xanthic Biopharma Inc. ("Xanthic" or the "Company") wishes to announce that at the annual and special meeting (the "AGM") of the Company's shareholders (the "Shareholders") held on November 2, 2018 in Toronto , the Shareholders voted in favour of all items of business.
AMITY, Ore., Sept. 19, 2018 /PRNewswire/ -- Xanthic Beverages, an Oregon-based beverage company, recently unveiled their flagship product, and it's disruptive for the entire cannabis industry. While other cannabinoid companies have been fighting over space on marijuana dispensary shelves, Xanthic Beverages has been rapidly taking over the mainstream marketplace. Their flagship product, Xanthic CBD Water, is produced by a Pepsi independent bottler, and is currently being distributed by a network of Pepsi independent distributors in hundreds of retail locations throughout Washington and Oregon.
TORONTO , Sept. 7, 2018 /CNW/ - Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) ("Xanthic" or the "Company") (CSE:XTHC.CN) is pleased to announce that it has completed the previously announced acquisition (the "NOR Acquisition") of Nevada Organic Remedies LLC ("NOR"). The NOR Acquisition was completed on September 4, 2018 for aggregate consideration of US$56.75 million (the "Purchase Price"). The Purchase Price was satisfied by GGB Nevada LLC ("GGB Nevada"), a subsidiary of Xanthic, by payment of a US$2 million deposit on July 16, 2018 (the "NOR Deposit"), a closing cash payment of US$30.47 million (the NOR Closing Payment") and delivery of a secured promissory note (the "NOR Note") in the principal amount of US$21.565 million . The balance of US$2.715 million owing to NOR's members will be satisfied by the issuance of common shares of the resulting issuer (the "Resulting Issuer") following completion of Xanthic's previously announced proposed business combination (the "Business Combination") with Green Growth Brands Ltd ("GGB").
TORONTO , July 17, 2018 /CNW/ - Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) ("Xanthic" or the "Company") (CSE:XTHC.CN) and Green Growth Brands Ltd. ("GGB") are pleased to announce they have entered into an arm's length business combination agreement (the "Definitive Agreement") dated July 13, 2018 to combine Xanthic and GGB by way of amalgamation (the "Amalgamation") between GGB and a wholly-owned subsidiary of Xanthic ("Subco") to form one company as a wholly-owned subsidiary of Xanthic (the "Business Combination"). GGB is a lifestyle oriented, consumer products company that celebrates health, wellness and happiness.
First Batch of Xanthic CBD Water Comes off Production Line and is Ready to Ship Ahead of July 4th Holiday!
TORONTO , June 13, 2018 /CNW/ - Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) ("Xanthic", CSE: xTHC) is pleased to announce the arrival, installation and shake down of its first manufacturing machines at the Oregon facility of Xanthic's strategic partner, Green Mile Enterprises, LLC ("Green Mile"). Xanthic is awaiting final review of product packaging by the Oregon regulatory body, the Oregon Liquor Control Commission.
Xanthic partners with ABH Pharma Inc. to produce CBD-infused dietary supplements for national U.S. retailers and e-commerce customers
"Avitas CBD Water, LLC" Rebranded As "Xanthic Beverages" and First Production to be Distributed to Over 500 Retail Locations
Xanthic Drinks and Powders to be Manufactured and Distributed in California by Nutritional High
TORONTO , April 26, 2018 /CNW/ - Xanthic Biopharma Inc. (formerly Aurquest Resources Inc.) ("Xanthic" or the "Company") is pleased to announce two of its executives, President Gary Galitsky , and Director Dr. Gunther Hintz , made a presentation on April 25, 2018 at a cannabis conference hosted by Bangkok's Kasetsart University, Thailand's largest university. Attendees included the Thai Minister of Health, Director of Drug Enforcement, Justice Minister , Minister of Agriculture, Pharmacological Head of Thailand and over 200 invited attendees, comprised of Thai doctors, pharmacists and medical practitioners. Xanthic was invited to participate in this event by Dr Samnouk, of iMed Therapy Co., Ltd., one of the leading biotechnology companies in Thailand , acting as a key consultant to the Thai government.
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2018) - Xanthic Biopharma Inc. (CSE: XTHC) is one of the latest new listings on the Canadian Securities Exchange. The term xanthic, refers to the yellow colour stage of THC oil secreted from the leaves of a marijuana plant, which is widely considered to be the ideal stage of cannabis harvest to maximize potency.InvestmentPitch Media has produced a "video" which provides a brief overview of the ...