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Press Releases
July 21, 2020
Bhang Amends Licensing Agreement
MIAMI, July 21, 2020 /CNW/ – Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that the Company, through its operating subsidiary Bhang Corporation, has entered into an amended license agreement (the “License Agreement“) with Indiva Limited, and has relinquished its interest in the joint venture agreement that was previously entered into with Indiva on April 17, 2018. Accordingly, the joint venture agreement between the parties will be terminated.
July 20, 2020
Bhang Announces Debt Settlement and New Credit Facility with Cannabis Growth Opportunity Corporation
MIAMI, FLORIDA, July 20, 2020 – Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that the Company has completed a number of transactions with Cannabis Growth Opportunity Corporation (“CGOC”) (CSE: CGOC).
July 14, 2020
Bhang Announces First Quarter Fiscal Year 2020 Results
MIAMI, Fla., July 14, 2020 /CNW/ – Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, is pleased to announce its financial and operating results for first quarter fiscal 2020 ended March 31, 2020. All figures are reported in US dollars ($), unless otherwise indicated. For a more comprehensive overview of the corporate and financial highlights presented in this press release, please refer to Bhang’s Management’s Discussion and Analysis for the Three Months Ended March 31, 2020, and the Company’s Condensed Consolidated Interim Financial Statements for the Three Months Ended March 31, 2020 and 2019, which are filed on SEDAR.
July 2, 2020
Bhang Announces 2019 Annual Results
Return to Fundamentals delivers 292% year-over-year revenue growth, building a solid platform for profitability and accelerated growth in 2020.
MIAMI, FL, July 2, 2020 /CNW/ – Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, has announced its 2019 financial results. All figures are stated in U.S. dollars. The complete 2019 financial statements and management discussion and analysis are available at www.sedar.com.
June 4, 2020
Bhang Reports Delay in Filing 2019 Annual Financial Statements
MIAMI, June 4, 2020 /CNW/ – Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that the Company will be unable to file its annual audited consolidated financial statements for the financial year ended December 31, 2019, the related annual management’s discussion and analysis and the related CEO and CFO certifications (collectively, the “2019 Financial Disclosure“) by June 13, 2020 (the “Filing Deadline“) in accordance with the requirements of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102“) and National Instrument 52-109 – Certification of Disclosure in Issuer’s Annual and Interim Filings, as applicable. The Company is currently relying on relief provided by Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements (and similar exemptions provided by the securities commissions of British Columbia and Alberta) (collectively, “NI 51-102“) in connection with the late filing of its 2019 Financial Disclosure due to delays caused by the COVID-19 pandemic.
April 24, 2020
Bhang Announces Delayed Filing of Annual Disclosure Documents
MIAMI, April 24, 2020 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission (and similar exemptions provided by the securities commissions of British Columbia and Alberta) (collectively, the “Blanket Exemption Order”), which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posed by the COVID-19 pandemic, that the Company will be delaying the filing and delivery of certain of its continuous disclosure documents due to delays caused by the COVID-19 pandemic.
April 22, 2020
Bhang Provides Corporate Update
MIAMI, April 22, 2020 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an award-winning portfolio of products, announced today that its cannabis-infused chocolate products have shipped in a new, refreshed packaging design in California. The new packaging will be rolled out by its licensees across the Company’s multi-state platform in the coming months.
February 13, 2020
Bhang Inc. Milk and Dark Chocolate Now Available in Canada
Bhang Cannabis-infused Chocolates Now Available in Ontario, Alberta and Saskatchewan
Miami, February 13, 2020 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that its cannabis-infused milk and dark chocolates are now available for sale in Canada through its joint venture with Indiva Limited (TSXV:NDVA) (OTCQX:NDVAF). Bhang’s chocolate can be purchased in Ontario, Alberta and Saskatchewan and will soon be available in Manitoba and Nova Scotia.
February 10, 2020
Bhang Inc. Announces New Partnership & Closing of First Tranche of Private Placement Financing
MIAMI, Feb. 10, 2020 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that it has received a commitment from long-term Bhang investor, Cannabis Growth Opportunity Corporation (CSE: CGOC) (“CGOC”), to invest up to CDN$1,500,000 million in a non-brokered private placement offering (the “Offering“) of units (the “Units”) with each Unit comprising of one subordinate voting share in the capital of the Company (the “Shares“) and one share purchase warrant (the “Warrants“). Each Warrant is exercisable into one Share at a price equal to a 25% premium to the Unit price for a period of 24 months. The Company has the right to accelerate the expiry of the Warrants to thirty (30) days following written notice to the holder if the Shares close at or above CDN$0.25 per share for a period of ten (10) consecutive trading days on the Canadian Securities Exchange.
February 5, 2020
Red Ace Organics Partners With United States Olympic-Level and World Championship Athletes Through 2021
Professional U.S. swimmers Ashley Twichell, Jacob Pebley and Tom Shields perform in the water with the help of Red Ace Organics
Boulder, CO – February 5, 2020 – Red Ace Organics (“Red Ace” or the “Company) a leading organic beverage company and wholly-owned subsidiary of Bhang, Inc. (CSE: BHNG) (OTCQX: BHNGF), announced today a partnership with professional U.S. swimmers Ashley Twichell, Jacob Pebley and Tom Shields to endorse Red Ace as the beverage of choice for the country’s highest-level competitors.
January 22, 2020
Cypress Hill Co-founder DJ Muggs Joins Bhang Inc. as Chief Brand Strategist
Miami, January 22, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that DJ Muggs, co-founder of the Grammy-nominated and renowned hip-hop group Cypress Hill and the leader of Los Angeles art collective Soul Assassins, will be joining Bhang as Chief Brand Strategist where he will focus on the creative direction and strategy of the company.
January 07, 2020
Bhang and Origin House Mutually Terminate License Agreement
MIAMI, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Bhang Inc. (the "Company") (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that its wholly-owned operating subsidiary, Bhang Corporation (“Bhang,” or the “Company”), has entered into a termination agreement and mutual release dated January 2, 2019 (the “Agreement”) with CannaRoyalty Corp. d/b/a Origin House, (“Origin House”) (CSE: OH) (OTCQX: ORHOF) and its wholly-owned subsidiary, Kaya Management, Inc. (“Kaya”). The Agreement terminates the previously-announced exclusive California license agreement between Bhang and Kaya (the “License Agreement”). The parties also agreed to a mutual release of claims resulting from the License Agreement.
December 30, 2019
Bhang Inc. Announces New Chair of the Board; Issues Shares to Service Providers
MIAMI, Dec. 30, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that Daniel Nauth has been appointed interim Chair of its Board of Directors effective immediately.
December 4, 2019
Bhang Inc. Provides Management Update and Releases Letter to Shareholders
MIAMI, Dec. 04, 2019 (GLOBE NEWSWIRE) -- Bhang Inc. ("Bhang" or the "Company") (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, announced today that Jamie L. Pearson, Bhang’s Interim President, will assume the role of President & CEO, overseeing day-to-day management and strategic initiatives. Scott Van Rixel has stepped down as CEO.
December 2, 2019
Bhang Inc. Announces Third Quarter 2019 Financial Results
MIAMI, Dec. 02, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, today reported its financial and operating results for the third quarter ending September 30, 2019. All figures in this press release are stated in U.S. dollars unless otherwise noted.
October 28, 2019
Bhang Inc. Announces Senior Management Changes
MIAMI, Oct. 28, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis company with an extensive, award-winning portfolio of products, announced today that Jamie Pearson, Bhang’s COO, will assume the role of Interim President, replacing Tom Stein. Bhang thanks Mr. Stein for his service to the Company and wishes him well in his future endeavors.
September 12, 2019
Bhang Inks Deal with Cannavative Group to Manufacture and Distribute Award-Winning THC-Infused Chocolates in Nevada
MIAMI, Sept. 12, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company”) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis house of brands with an extensive, award-winning portfolio of products, announced today that it has signed a licensing agreement with Cannavative Group to make and distribute Bhang’s award-winning THC-infused chocolates through Cannavative’s extensive dispensary channels in Nevada.
September 09, 2019
Bhang Inc. Acquires Leading Wellness Beverage Company, Red Ace Organics
MIAMI, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Bhang Inc. ("Bhang" or the "Company") (CSE: BHNG) (OTCQX: BHNGF), a global cannabis house of brands with an extensive, award-winning portfolio of products, announced today that it has acquired Red Ace, LLC, a leading organic beverage company (“Red Ace Organics or Red Ace”), via its wholly owned subsidiary Bhang Corporation (the “Acquisition”).
August 30, 2019
Bhang Inc. Graduates to the OTCQX Best Market in U.S. and Announces OTC Ticker Symbol Change to “BHNGF”
MIAMI, Aug. 30, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis house of brands with an extensive, award-winning portfolio of products, announced that the Company will begin trading today on the OTCQX® Best Market under the symbol “BHNGF,” having graduated from the Pink® market.
August 6, 2019
Bhang Brings Hemp-derived CBD Product Portfolio to Spain, France, Italy, Belgium, Luxembourg & the U.K.
MIAMI, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Bhang Inc. (“Bhang” or the “Company”) (CSE: BHNG), a global cannabis house of brands with an extensive, award-winning portfolio of products, announced today that it has signed an agreement to import and distribute Bhang’s full suite of hemp-derived cannabidiol (CBD) products in key markets across Europe, with distribution into Spain, France, Italy, Belgium, Luxembourg and the U.K.
July 22, 2019
Bhang CBD Products Now Available in Cannabis Now’s Flagship Beverly Hills Location
MIAMI, July 22, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company”) (CSE: BHNG), a trusted cannabis house of brands with an extensive, award-winning portfolio of over 100 cannabis, hemp-derived cannabidiol (CBD) and terpene products, announced that its full line of award-winning hemp-derived CBD products are now available at the Cannabis Now flagship store in Beverly Hills, California.
July 17, 2019
BHANG SIGNS EXCLUSIVE CBD DISTRIBUTION DEAL TO BRING AWARD-WINNING PRODUCTS TO PUERTO RICO
Bhang Inc. (“Bhang” or the “Company”) (CSE: BHNG), a global cannabis house of brands with an extensive 100+ product portfolio, announced today that it has signed an exclusive agreement with a team built around one of the largest distributors in Puerto Rico that specializes in CPG, to distribute Bhang’s full suite of award-winning cannabidiol (CBD) products.
July 15, 2019
BHANG ANNOUNCES JOINT VENTURE WITH OCEANA COFFEE FOR THE CREATION OF CANNABIDIOL-INFUSED AND TERPENE-INFUSED COFFEE PRODUCTS
Bhang Corporation (“Bhang” or the “Company”) (CSE: BHNG), today announced a joint venture with Oceana Coffee, a leading organic coffee house specializing in single origin coffees from around the world.
July 11, 2019
BHANG COMMENCES TRADING ON THE CSE UNDER THE SYMBOL ‘BHNG’
Bhang Corporation (“Bhang” or the “Company”) (CSE: BHNG), a cannabis house of brands with an extensive, award-winning portfolio of products, announced today that, further to its news release on July 9, 2019, it will begin trading on the Canadian Securities Exchange (“CSE”) as Bhang Inc. under the stock symbol “BHNG” on July 11, 2019.
July 9, 2019
BHANG COMPLETES REVERSE TAKEOVER TRANSACTION
Bhang Inc. (formerly Pele Mountain Resources Inc.) (CSE: BHNG) (the "Company") is pleased to announce that it has closed its previously announced reverse takeover transaction (the "Transaction") with Bhang Corporation ("Bhang US").
July 1, 2019
BHANG CORPORATION TAKES TOP HONORS AS BEST CANNABIS INFUSED CHOCOLATE AT WEEDCON 2019
Bhang Corporation, a trusted cannabis house of brands with an extensive, award-winning portfolio of over 100 cannabis, hemp-derived cannabidiol (CBD) and terpene products, has won First Place in the Best Cannabis Infused Chocolate Category at WeedCon 2019.
June 11, 2019
BHANG SWEETENS THE POT AT WEEDCON WEST CANNABIS CONFERENCE
On the Summer solstice, during the first year of legalized cannabis in California, Bhang Corporation, Big Tree Industries, Talking Trees Farms and a host of other top players in the cannabis industry will gather to showcase their products at the hottest cannabis event in the nation, WEEDCon West.
June 03, 2019
BHANG CHIEF OPERATING OFFICER, JAMIE PEARSON, TO KEYNOTE LOS ANGELES CANNAGATHER
Second Generation Cannabis Executive Talks About the Growth of the Industry, Women Working in the Industry, Bhang’s Growing Global Footprint and Celebrity Connections
May 29, 2019
BHANG CORPORATION APPOINTS FORMER TOP SPIRITS EXECUTIVE TOM STEIN AS PRESIDENT AND ANNOUNCES HIRING OF TWO KEY EXECUTIVE ROLES
Global house of cannabis brands taps Samantha Ford Collins as Chief Marketing Officer and Jeremy Applen as Chief Science and Procedures Officer to support rapid portfolio and vertical expansion program growth
May 13, 2019
BHANG CORPORATION RETAINS KCSA STRATEGIC COMMUNICATIONS AS INVESTOR AND PUBLIC RELATIONS COUNSEL
MIAMI, May 13, 2019 /PRNewswire/ — Bhang Corporation (“Bhang” or the “Company”), a global cannabis house of brands with an extensive, award-winning portfolio of products, has retained KCSA Strategic Communications to implement a comprehensive investor relations and public relations program.
March 26, 2019
BHANG CORPORATION’S SCOTT VAN RIXEL AND JAMIE PEARSON NAMED TO HIGH TIMES’ MOST INFLUENTIAL PEOPLE IN CANNABIS
LOS ANGELES, March 26, 2019 (GLOBE NEWSWIRE) — Bhang Corporation (“Bhang” or the “Company”), the global cannabis house of brands with an extensive, award-winning portfolio of products, is proud to announce that Bhang CEO Scott Van Rixel and COO Jamie Pearson have each been recognized by High Times Magazine for their work in the cannabis industry.
March 12, 2019
BHANG CORPORATION ANNOUNCES OFFICIAL SPONSORSHIP OF ICBC BARCELONA AFTER-PARTY FEATURING DAMIAN MARLEY
LOS ANGELES, March 12, 2019 (GLOBE NEWSWIRE) -- Bhang Corporation ("Bhang" or the "Company"), the global cannabis house of brands with an extensive, award-winning portfolio of products is proud to announce that it will sponsor the International Cannabis Business Conference (ICBC), taking place on March 14th, 2019 in Barcelona, Spain.
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(1) 8 active brands with 8 brands scheduled for roll-out in 2019
(2) Based on the total dollar amount of products sold by the licensee partner at the retail price
