Mojave Jane Enters Infused Beverage Market Via Manufacturing License Agreement with HAI Beverages.
(C)2019 ENPublishing - http://www.enpublishing.co.uk
Release date- 13082019 - Mojave Jane Brands ('Mojave Jane' or the 'Company') (CSE: JANE) (OTC: HHPHF) (FSE: 0HCN), a California cannabis company, is pleased to announce that it is entering the market for cannabis-infused beverages by signing a Manufacturing License Agreement (the 'Agreement') with Vancouver-based HAI Beverages Inc. ('HAI').
The Agreement allows Mojave Jane to exclusively license HAI's proprietary technology for the solubility and bioavailability of THC and CBD components in the State of California. The Company will use this technology in the formation process of flavorless distillates and concentrates produced specifically for non-alcoholic beverage products as a micro-dosage offering.
About HAI Beverages Inc.
HAI Beverages Inc. is a Canadian based Beverage Technology developer that has developed a range of water-soluble solutions for THC and CBD active beverages to support every segment of the adult beverage market in jurisdictions where these products are legal. The HAI Beverage solution is an integrated business offering that bridges the gap between cultivator and bottler. Utilizing precision dosing, high efficiency packaging, best in class quality assurance procedures along with the ability to offer customized production ready concentrates. These products will offer a shelf stable product that is competitive with alcohol as an active ingredient.
About Mojave Jane Brands
Mojave Jane Brands Inc. is a Canadian-based cannabis sector brand and distribution company emerging as a true vertical integrator in California's legal cannabis space serving recreational and wellness markets. The Company's U.S. holdings are comprised of assets set up as a vertical stack including cultivation to scale, branding, packaging, manufacturing & processing, as well as, a distribution arm and the edibles brand CALIGOLD. Operating out of licensed strategic locations within the state, Mojave Jane is leveraging its consumer and brand-focused business model to generate sustainable profits delivering quality product by recognized brands.
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. In particular, this release contains forward-looking information relating to the intention of the parties to complete the Acquisition and certain ancillary transactions contemplated thereby. These transactions are subject to a number of material risks, and there is no assurance that they will be completed on the terms or within the timeframes currently contemplated, or at all. 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.
Tel: (760) 552-7122
[Editorial queries for this story should be sent to firstname.lastname@example.org]
((Distributed via M2 Communications - http://www.m2.com))
|Printer friendly Cite/link Email Feedback|
|Date:||Aug 14, 2019|
|Previous Article:||MedMen Announces Preliminary Fourth Quarter 2019 Systemwide Revenue Results and Provides Additional Corporate Updates.|
|Next Article:||Nano One and Pulead Joint Development Demonstrates Advantageous Economics.|