Canbud Distribution Announces Granting of Federal Sales Licence for Medical Purposes
Toronto, Ontario--(Newsfile Corp. - December 1, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce that it has been granted a Federal Sales License for Medical Purposes by Health Canada. The global medical cannabis market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 82.19 billion by 2027 growing at a CAGR of 20.25% in the above-mentioned forecast period....
2020-12-01 7:07 AM EST
Canbud Distribution Announces Closing of Private Placement for Gross Proceeds of $500,000
Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce the closing of a non-brokered private placement financing (the "Offering") of gross proceeds of $500,000 through the issuance of 5,000,000 units (each, a "Unit") at a price of $0.10 per Unit. Each Unit is comprised of one common share in the capital of the Corporation (each a "Common Share") and one common share purchase warrant (each a "Warrant")....
2020-11-24 5:15 PM EST
Canbud Explores Hemp-Based Technologies and Health and Wellness Initiatives
Toronto, Ontario--(Newsfile Corp. - November 16, 2020) - Canbud Distribution Corporation (CSE: CBDX) ("Canbud" or the "Company") is pleased to provide an update on its existing progress and future initiatives. The Company portrays itself as a science and technology company. It has developed a cost-effective outdoor hemp cultivation system including a proprietary onsite clonal system. The Company continues to work on the DNA markers to create superior cultivars. The Company is also working on...
2020-11-16 12:12 PM EST
Canbud Distribution Completes Initial Public Offering and Announces Listing on the Canadian Securities Exchange
Toronto, Ontario--(Newsfile Corp. - October 8, 2020) - Canbud Distribution Corporation (CSE: CBDX) (the "Corporation") is pleased to announce that it has completed its initial public offering (the "Offering") pursuant to a prospectus dated September 30, 2020. Upon completion of the Offering, the Corporation has 38,288,000 common shares issued and outstanding, of which 13,190,000 common shares are subject to securities law and contractual escrow requirements. The Corporation is also pleased to...
2020-10-08 6:00 PM EDT