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TORONTO, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD) and FLRish Inc., a California corporation d/b/a Harborside ("Harborside"), are pleased to announce they have entered into a binding letter agreement (the "Agreement") pursuant to which Harborside will effect a reverse takeover transaction that will result in, among other things, Lineage acquiring all of the issued and outstanding securities of Harborside on a debt free basis in exchange for newly issued common shares of...

TORONTO, July 23, 2018 (GLOBE NEWSWIRE) -- Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD) is pleased to announce the appointment of Steve Peterson, a top cannabis retail executive with extensive dispensary management experience, to the role of VP, Retail. “Retail is a key component of our strategy,” said Lineage CEO Peter Bilodeau. “It is where we intend to capture market share for our products by offering consumers a welcoming and engaging shopping experience and unique products. We see significant...

Just because it’s cannabis, doesn’t mean it’s always high-grade stuff. Enter: craft cannabis. Similar to the beer and spirits industry, craft cannabis is rising in popularity and in respect within the cannabis industry for its unique outlook on cultivation, production, and retail. This small-batch, craft cannabis production technique ensures quality and customer satisfaction is at its height. For investors, craft cannabis presents an opportunity to capitalize on a growing niche that has soared in value for its unique appeal and distinctness...

Toronto, Ontario – Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD) is pleased to announce that it is undertaking a non-brokered private placement offering (the “Offering”). Pursuant to the Offering, the Company will issue up to CAD $10,000,000 aggregate principal amount of convertible debenture units (the “Convertible Debenture Units”) at a price of $100 per Convertible Debenture Unit.   The proceeds of the Offering will be used by the Company for the acquisition and build-out of facilities in California, Oregon, and...

TORONTO, June 18, 2018 -- Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD) wishes to provide an update regarding the Company’s recent M&A initiatives and to layout the framework, for investors, of its vision for corporate growth. The U.S cannabis market is ripe with opportunity for an aggressive roll-up strategy. The market remains fragmented with many fast-growing but undercapitalized companies seeking value-added financial partners.   Lineage, with its extensive M&A expertise and access to public markets, is capitalizing on this opportunity...

TORONTO, Nov. 20, 2017 (GLOBE NEWSWIRE) — Lineage Grow Company Ltd. (the “Company” or “Lineage“) wishes to provide an update in relation to certain securities related matters, and a correction to Broker Warrants previously issued.   Warrant Extension On November 10, 2017, the Company’s Board of Directors passed a resolution extending the term of the common share purchase warrants (“Warrants”), issued pursuant to private placements on November 16, 2016 and December 9, 2016, as well as a debt settlement on December 12, 2016...

TORONTO, Dec. 21, 2017 (GLOBE NEWSWIRE) — Lineage Grow Company Ltd. (the “Company” or “Lineage“) wishes to provide an update on acquisition and strategic partnership opportunities in the U.S. Pacific Northwest and clarify the plan to establish a Colorado joint-venture with Nutritional High International Inc. (“Nutritional High”). Corporate Update Lineage is forging a new path in this rapidly expanding market with a unique business model that includes projects in the following U.S. states which have legalized cannabis for medical and adult-use: Washington: Entering...

Toronto, Ontario – Lineage Grow Company Ltd. (the “Company” or “Lineage“) is pleased to announce the closing of the final tranches of its previously announced brokered private placement (the “Concurrent Financing”) of Units of the Company (the “Units”) to raise gross proceeds of up to $4,000,000 (the “Offering”) (please see the Company’s news releases dated October 31, 2017 and November 20, 2017).   A total of 7,389,664 Units were issued in three tranches with total gross proceeds of $1,847,416, with 3,442,065 Units ($860,516.17)...

Toronto, Ontario – Lineage Grow Company Ltd. (the “Company” or “Lineage”) (CSE:BUDD), an active operator in the U.S. legal cannabis industry, wishes to comment on the recent positive developments in the U.S. political environment towards cannabis. Specifically, the Company is pleased to see reports that President Trump has promised top Senate Republicans that he will support congressional efforts to protect states that have legalized marijuana. Also, former House Speaker John Boehner has been appointed to the advisory board of a private...

Toronto, Ontario – Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD), is pleased to announce that the Company has entered into a letter of intent (“LOI”) with Quinsam Capital Corp. (“Quinsam”) to acquire Quinsam’s 35% interest in Herbiculture Inc. (“Herbiculture”), a medical marijuana dispensary located in Burtonsville, Maryland (the “Transaction”).   Transaction Overview Herbiculture is a fully-licensed medical marijuana dispensary which opened its doors to patients in February 2018 and has achieved sales of approximately USD$91,000 and USD$100,000 for the months of...