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Cannabis Wheaton TSXV:CBW

7 months 3 weeks ago #118071 by GoldnBoy
GoldnBoy replied the topic: Cannabis Wheaton TSXV:CBW
Check Friday's press release, the Master Grower from Canopy Growth is also joining CBW

2017-05-19 12:26 ET - News Release

Mr. Chuck Rifici reports


Cannabis Wheaton Income Corp. has appointed Kevin Furet to the position of chief cultivation and genetics officer. Mr. Furet will begin his duties at Cannabis Wheaton effective Sept. 1, 2017, in order to comply with certain pre-existing contractual obligations.

Until May, 2017, Mr. Furet served as the master grower for Canopy Growth Corp., and he brings more than 17 years of production technique, plant breeding and strain development experience to his new role with Cannabis Wheaton. At Canopy Growth, he oversaw cultivation for Tweed, Tweed Farms and Mettrum. While with Tweed, he also served as its first master breeder, where he led a team of researchers in the creation of its cannabis breeding facility, the first of its kind in Canada and the foundation for Tweed's Canadian-bred genetics. Prior to this, Mr. Furet founded several successful operations, including Indoor Garden Solutions.

Mr. Furet is an important addition to Cannabis Wheaton's management team, which comprises industry first-movers and leaders, with a depth of knowledge in all areas of the cannabis industry, including construction of world-class facilities, best-in-class cultivation practices and associated new technologies, retail distribution, branding identity creation, capital markets, and regulatory expertise, all of which are dedicated to creating value for Cannabis Wheaton's streaming partners and the cannabis industry as a whole.

In his role at Cannabis Wheaton, Mr. Furet will be working with the company's partners to provide solutions for optimizing top-quality growth and yields, as well as consulting on the daily issues that affect licensed producers, including bringing his expertise on breeding and genetics.

Mr. Furet stated: "I've always believed that this industry values quality and innovation, and I've had the opportunity to work alongside the best breeders and growers, who like me are devoted to the art and the science of our industry. I've dedicated my career to ensuring that Canadians have access to safe, high-quality cannabis. This represents an opportunity for me to share my knowledge right across Cannabis Wheaton's national platform."

Chuck Rifici, chief executive officer of Cannabis Wheaton, noted: "We couldn't be more pleased that Kevin shared our vision and that we are able to include a master grower of Kevin's calibre as part of our turnkey platform solution for our partners. Kevin's award-winning growing techniques and breeding methods will provide an excellent sounding board for consultation and implementation of new ideas alongside our diverse set of partners. The help and support and new ideas that come from the best people working together will no doubt ensure that CW and its partners continue to be synonymous with leading-edge and top-tier production in the industry."

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7 months 3 weeks ago #118070 by Hoss
Hoss replied the topic: Cannabis Wheaton TSXV:CBW
I know where that company Green Relief is and not that far away, see if I can get a chance to check it out, never know if I might know somebody there.

Dam shorts, seems they are messing everywhere these days

This looks like a great business model and I think their timing is right to do this now as the number of producers are growing

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7 months 3 weeks ago #118069 by alexgreat
alexgreat replied the topic: Cannabis Wheaton TSXV:CBW
This looks quite interesting and a good idea. I bought a position. If they can do half as good as a Franco Nevada it will be a huge winner.

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7 months 4 weeks ago #118066 by RonS
RonS created the topic: Cannabis Wheaton TSXV:CBW
Cannabis Wheaton TSXV:CBW

CBW is a streaming or roayalty type company in the Cannabis sector. They currentky have 14 agreements with various companies and locations.

Strong Management led by CEO, Chairman Chuck Rifici a co-founder of Canopy Growth, formerly Tweed Marijuana and Brad McNamee also from Canopy Growth.

Corporate overview
Below is a May 19th summary of the company's partners, estimated future production to Cannabis Wheaton at fully capacity and Cannabis Wheaton's equity ownership.

Sream - Province - Licensing - Annual expected Kg production for CBW - % Ownership

2368523 Ontario Ltd.
(Curative Cannabis) Ontario Preaffirmation 15,000 46%

Artiva Inc. Ontario Early stage 17,800 16.70%

Beleave Inc. Ontario Cultivation licence 15,000 49% (2)

Broken Coast Cannabis Ltd. British Columbia Sales licence 15,000 10%, 49% (2)

Cannabco Pharmaceutical Corp. Ontario Preaffirmation 5,300 15.30%

Cannahort Agriculture Ltd. Nova Scotia Preaffirmation 10,400 18.20%

CannTx Life Sciences Inc. Ontario Affirmation letter 1,980 16%

Evergreen Medicinal Supply Inc. B.C. Cultivation licence 6,600 6.60%

Great White North Growers Inc. Quebec Affirmation letter 8,300 17.60%

Green Relief Inc. Ontario Sales licence 115,500 24.45%

Harvest One Cannabis Inc. B.C./Saskatchewan Cultivation licence 18,000 49% (2)

Lotus Ventures Inc. B.C. Preaffirmation 6,000 15.60%

PlanC BioPharm Inc. B.C. Affirmation letter 7,000 49%

Sundial Growers Inc. Alberta Affirmation letter 5,500 18.35%

On May 23 CBW announced the arrangement of a $50 million financing

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