VANCOUVER, June 21, 2019 /CNW/ - Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSXV: HVT; OTCQX: HRVOF), announces that it has entered into two shares-for-services agreements (the "Marketing Agreements") dated June 21, 2019 with Naked Creative Consultancy Inc. ("Naked Creative"), pursuant to the provisions of TSX Venture Exchange (the "Exchange") Policy 4.3. Under the terms of the Marketing Agreements, Naked Creative, which provides marketing and branding services to the Company, will receive its fees in cash and common shares of the Company. The shares will be issued under the Marketing Agreements at a deemed price per share to be determined after the date that the services have been provided. The Marketing Agreements are subject to the acceptance of the Exchange.
A total of 449,492 common shares at a price of $0.69 per share, will be issued upon approval of the Exchange, for services rendered to the Company by Naked Creative. The remaining common shares are expected to be issued at the end of July and October at a deemed price per share to be determined at that time.
About Harvest One
Harvest One is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers and patients in regulated markets around the world. The Company's range of lifestyle solutions is designed to enhance quality of life. Shareholders have significant exposure to the entire cannabis value chain through its wholly-owned subsidiaries; United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water Global (consumer); and a minority interest in Burb Cannabis (retail operations). For more information, please visit www.harvestone.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this press release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accept responsibility for the adequacy or accuracy of this release.
SOURCE Harvest One Cannabis Inc.
For further information: Colin Clancy, Investor Relations, [email protected], 1-877-915-7934