Cannamerica Extends LOI to Distribute Licensed Products in Massachusetts

VANCOUVER, BC – TheNewswire – August 19, 2019 – CANNAMERICA BRANDS CORP. (“CANA” or the “Company”) (CNSX:CANA.CN) (OTC:CNNXF) is pleased to announce that is has entered into an extension agreement in respect of the previously announced non-binding letter of intent (“LOI”) dated June 20, 2019 with Canna Provisions Inc. (“the Licensee”) under which the Licensee will have an exclusive license to manufacture and distribute CannAmerica branded cannabis infused gummy products and disposable vape pens, and Live Labs branded cannabis concentrate products, including droppers, shatter and wax concentrate products, and gelatin based capsules (the “Licensed Products”) in the Commonwealth of Massachusetts.

Live Labs is a brand created by the founders of CannAmerica, wholly owned by the Company, and is being introduced in the Northeastern United States recreational cannabis marketplace. The term of the LOI has been extended to September 15, 2019.

“Canna Provisions is extremely excited that we are working towards a definitive agreement with CannAmerica Brands with the beneficial goal of distributing their products in Massachusetts” said Erik Williams, COO of Canna Provisions Inc. “Canna Provisions opened our first dispensary in Lee, Massachusetts last month and our plan is to open a second and third dispensary in the state by year-end. We are also actively in the process of building a cultivation and manufacturing facility to help streamline our operation and bring CannAmerica products to Massachusetts consumers. To date, demand for gummies at our dispensary in Lee has been exceptionally strong, and we are confident that our partnership with CannAmerica will be a huge success and only add output performance.”

Subject to Board approval from the Company and completion of satisfactory due diligence, the parties intend to enter into a Definitive Agreement on or before September 15, 2019.

For more information, please visitwww.cannamericabrands.com.

On Behalf of the Board,

Dan Anglin

CEO and Director

(314) 495-4589

Media Contact

Sarah Thorson

Grasslands: A Journalism-Minded Agency

Sarah@mygrasslands.com

(609) 234-8531

About CannAmerica Brands Corp.

CannAmerica Brands is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

About Canna Provisions Inc.

Canna Provisions is the next generation of cannabis dispensary focusing on a unique and thoughtful customer experience. We are here to guide you and towards the right provisions to fit your lifestyle and provide knowledgeable support every step of the way. Founded by established industry pioneers with extensive cultivation, regulation and consumer sales experience, Canna Provisions stores provide a broad range of top-grade craft cannabis products that are locally sourced and thoughtfully produced. Life is a journey. No matter the path, trust Canna Provisions to better your journey. To learn more, visit CannaProvisionsGroup.com. Join us on Facebook, Instagram and Twitter.

CannAmerica and Swiss Lux Products Enter Long-Term Licensing Agreement to Distribute Licensed Products in Canada

VANCOUVER, Aug. 12, 2019 /CNW/ – CANNAMERICA BRANDS CORP. (“CannAmerica” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that on August 8, 2019, it entered into a long-term licensing agreement (the “Agreement”) and brand partnership with Swiss Lux Products, Inc., (“Swiss Lux” or the “Licensee”). Under the Agreement, Swiss Lux will have use of the Company’s renowned Intellectual Property, Branding, and Formulation processes in exchange for a royalty on all sales of the Company’s products within Canada. 

“CannAmerica is looking forward to our entry into the Canadian recreational market, as this agreement marks our first opportunity to bring our branded products to an entire nation” said Dan Anglin, CEO and Co-Founder of CannAmerica. “With Canada allowing for a multitude of finished products in the cannabis marketplace, CannAmerica is ready to introduce the Canadian cannabis consumer to products that have thus far been unavailable; we anticipate a vibrant response to our menu of offerings, and anticipate a positive response to our company’s dedication to high quality products.”  Anglin continued, “Because Swiss Lux is only interested in collaborating with premium brands, this agreement provides them with the opportunity to utilize our supply chains and expertise as they develop and commercialize high-quality cannabis products for the recreational, cosmeceutical, edible, beverage, and medical markets.” 

The terms of the Agreement include the following: 

  • the initial term of the Agreement will be for a period of 3 years;
  • the Agreement provides for a license of the use of the Company’s intellectual property, for which the Licensee will pay the Company a royalty percentage on gross sales;
  • the Licensee will purchase all un-infused consumable ingredients, packaging supplies, and branded hardware as per the direction of the Company; 
  • the Licensee will follow formulations and processes provided by the Company; 
  • during the first 180 days of the initial term, the Licensee will employ one full-time salesperson in Canada to promote, market, advertise, and sell the products subject to the Agreement; and
  • the Agreement may be terminated in certain circumstances, including:
    • applicable regulatory authorities rejecting or canceling the Agreement, determining that the Agreement is illegal or impermissible, or determining that the Agreement would require the Company to be registered as an owner of the Licensee;

    • applicable federal authorities requiring the parties to cease performing under the Agreement or threatening enforcement against the parties in relation to the Agreement or to either party’s violation of federal law regarding cannabis; 

    • upon 120 days’ written notice by either party to the other party; or

    • by either party within five days’ written notice to the other party, if the other party files a petition of bankruptcy or is adjudicated bankrupt.

The Agreement aligns with the Company’s goals to become an international player in the cannabis space and to expand into additional markets during 2019.

Additionally, the Company announced today that it has resolved to issue 1,250,000 new shares to certain directors, officers, and employees at a deemed price of $0.17 per share. The issuance of common shares is subject to the prior approval of the Canadian Securities Exchange. All common shares issued in connection with this issuance will be subject to a four month hold period under applicable Canadian securities laws.

For more information, please visitwww.cannamericabrands.com.

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

About CannAmerica Brands Corp.

CannAmerica is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

About Swiss Lux Products, Inc.

Swiss Lux Products, Inc. is executing on a strategy to acquire distinct brands with proven formulations and to build a robust portfolio of cannabis value added products. The Company’s house of brands currently included Blessed™, a brand establishing itself in the Canadian edibles market with a focus on products for athletes, and Swiss Lux is actively pursuing complimentary brands to add to its portfolio.

CannAmerica Provides Operational Update

VANCOUVER, BC – TheNewswire – July 25, 2019  CANNAMERICA BRANDS CORP. (“CannAmerica” or the “Company”) (CNSX:CANA.CN) (OTC:CNNXF) is pleased to announce the following operational updates.

In order to assist in fulfilling the demand for the Company’s branded products across the state of Nevada, shipment of Flower One Holdings Inc. (“Flower One”) (CSE: FONE) (OTCQB: FLOOF) second order of 60,000 units has begun with an anticipated arrival of all packaging by the end of the week. The Company is also assisting Flower One with the deployment of new equipment to help speed up request processing and provide consumers with quicker access to our high-quality edibles.

“CannAmerica is committed to making the investments necessary to properly scale its operations in all of our existing markets, “said Dan Anglin, CEO and Co-Founder of CannAmerica. “Working in parallel with a partner like Flower One will only serve to expediate the development of a robust production infrastructure to better serve the Nevada market.”

On July 3, 2019, the Company announced that it had entered into a long-term licensing agreement and brand partnership with THC Total Herbal Care Corporation (“THC“) under which THC has an exclusive license to manufacture and distribute CannAmerica branded cannabis infused gummy products, disposable vape pens, distillate droppers and shatter and wax concentrate product in Oklahoma.

In line with the terms of this agreement, the Company has begun ordering the equipment needed to begin operations and in Oklahoma, along with scheduling training sessions to teach its formulations and best practices prior to the launch of its products in this new market.

Additionally, the Company has received an order of its redesigned packaging and new flavor profile for its gummies to its licensee in Colorado, Winkanda, LLC. This order of 15,000 units for sale in local dispensaries is anticipated to be shipped in early August.

“We are pleased with the sustained orders from our existing licensees and are excited by the prospects of continued growth in the months ahead with our branded products slated to be available in the Oklahoma medical cannabis market,” said Dan Anglin, CEO and Co-Founder of CannAmerica. “In addition to breaking new ground in the southern United States, our sales team is committed to expanding the reach of our products both domestically and internationally.”

Further to its press release dated February 15, 2019, the Company announces the expiration of its previously announced letter of intent with Winchester MD Limited.

For more information, please visitwww.cannamericabrands.com.

On Behalf of the Board,

Dan Anglin

CEO and Director

(314) 495-4589

Media Contact

Sarah Thorson

Grasslands: A Journalism-Minded Agency

Sarah@mygrasslands.com

(609) 234-8531

About CannAmerica Brands Corp.

CannAmerica is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

CANNAMERICA TO HOST CORPORATE UPDATE WEBINAR

VANCOUVER, July 24, 2019 – CANNAMERICA BRANDS CORP. (“CannAmerica Brands” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that Co-Founder and CEO, Dan Anglin, will be hosting a Corporate Update Webinar where he will be going through the Company’s recently announced July presentation. Mr. Anglin will be providing an overview of its current operations, its upcoming milestones, and some commentary on the Cannabis industry. Management will be available to answer questions following the presentation on the webinar platform.

Date: Tuesday, July 30th

Time: 2:00pm ET (11:00am PT, 12:00pm MT)

Register: https://attendee.gotowebinar.com/register/7303139150997390091

July Presentation: https://bit.ly/2JZpY3D

Management will be available to answer questions following the presentation. To ask a question, you will need to be logged into the GoToWebinar platform or by emailing your question(s) beforehand to jborde@rbmilestone.com.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

For more information, please visit www.cannamericabrands.com

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

Media Contact
Sarah Thorson
Grasslands: A Journalism-Minded Agency
Sarah@mygrasslands.com
(609) 234-8531

About CannAmerica Brands Corp.

CannAmerica is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

CannAmerica and Total Herbal Care Corporation Enter Long-Term Licensing Agreement to Distribute Licensed Products in Oklahoma

VANCOUVER, July 3, 2019 /PRNewswire/ – CANNAMERICA BRANDS CORP. (“CannAmerica” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that on June 28, 2019, it entered into a long-term licensing agreement (the “Agreement”) and brand partnership with THC Total Herbal Care Corporation (“THC” or the “Licensee”) under which THC will have an exclusive license to manufacture and distribute CannAmerica branded cannabis infused gummy products, disposable vape pens, distillate droppers and shatter and wax concentrate product (the “Licensed Products”) in Oklahoma.

Terms of the Agreement include:

  • the initial term will be for a period of 5 years;
  • the Licensee will purchase all un-infused consumable ingredients, packaging supplies, and branded hardware exclusively from the Company; 
  • THC will follow formulations and processes provided by the Company; 
  • during the first 180 days of the initial term, THC will employ two full-time salespeople in Oklahoma to promote, market, advertise, and sell the Licensed Products; and
  • the Agreement may be terminated in certain circumstances, including:
    • applicable state or location regulatory authorities reject or cancel the Agreement, determine that the Agreement is illegal or impermissible, or determine that the Agreement would require the Company to be registered as an owner of the Licensee;
    • applicable federal authorities require the parties to cease performing under the Agreement or threaten enforcement against the parties in relation to the Agreement or to either party’s violation of federal law regarding cannabis; 
    • upon 120 days’ written notice by either party to the other party; or
    • by either party within five days’ written notice to the other if the other party files a petition of bankruptcy or is adjudicated bankrupt.

“We are pleased to announce that we expect CannAmerica branded products to be available in the Oklahoma medical cannabis market in the coming months,” said Dan Anglin, CEO and Co-Founder of CannAmerica.  “By signing this Agreement, CannAmerica will be poised to bring its menu of cannabis infused edible products, concentrates, and other medicinal cannabis product lines to the great state of Oklahoma. We have long been ready to bring our product lines to patients in the southern United States and are proud to be working with THC and their extraordinary management team. We anticipate that our expertise and quality products, combined with THC management, will increase the quality and variety of products available to the Oklahoma medical cannabis patient community.”

The Agreement aligns with the Company’s established goals to expand into additional markets in the United States during 2019.

“We are very proud to be a part of the CannAmerica team so we may provide their edibles and other highly-rated products to our patients in Oklahoma,” said Loretta Lever, CEO and President of THC.

Additionally, the Company is pleased to announce that it has entered into an extension agreement in respect of the previously announced binding letter of intent (“LOI”) dated March 8, 2019 to create a joint venture (“JV”) with Sericea Labs S.A. de C.V. and CBDistribution Company Ltd. with the intention of building a facility in Mexico for importing and warehousing licensed CBD products as well as CBD oils and tinctures destined for refining. The term of the LOI has been extended to January 1, 2020.

“The Company has learned that the Government of Mexico is making strides in the effort to legalize hemp-based products for manufacturing and distribution across Mexico,” said Dan Anglin, CEO and Co-Founder of CannAmerica. “We understand that the legislative process to create a new industry sometimes takes more time than expected, and have decided to extend the LOI through to the end of the year to allow more time for legalization to pass through the legislative bodies. We look forward to executing the agreement upon successful passage of legislation to legalize hemp and cannabinoid products in Mexico.”

For more information, please visitwww.cannamericabrands.com.

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

About CannAmerica Brands Corp.

CannAmerica is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

About THC Total Herbal Care Corp.

THC Total Herbal Care (THC) is licensed to cultivate, process, and dispense cannabis in Oklahoma. THC provides “cannabis goodness” products to help patients improve their quality of life. THC aims to deliver only the finest premium cannabis solutions and medicine. THC believes that wisdom gained from all-natural solutions should not be forgotten or ignored, and aims to provide such proven solutions with industry-leading quality and trust. For more information, please visit www.totalherbalcarethc.com

CannAmerica signs LOI to distribute licensed products in Massachusetts

VANCOUVER, June 24, 2019 /CNW/ – CANNAMERICA BRANDS CORP. (“CANA” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that on June 20, 2019 it had entered into a non-binding letter of intent (“LOI”) with Canna Provisions Inc. (“the Licensee”) under which the Licensee will have an exclusive license to manufacture and distribute CannAmerica branded cannabis infused gummy products and disposable vape pens, and Live Labs branded cannabis concentrate products, including droppers, shatter and wax concentrate products, and gelatin based capsules (the “Licensed Products”) in the Commonwealth of Massachusetts. Live Labs is a brand created by the founders of CannAmerica, wholly owned by the Company, and is being introduced in the Northeastern United States recreational cannabis marketplace.

CannAmerica Brands Corp. (CNW Group/CannAmerica Brands Corp.)

Terms of the LOI are as follows:

  • The initial term of the license agreement will be for a period of 3 years.
  • Net price payable from Canna Provisions Inc. to the Company will be determined by a per package/unit fee relating to CannAmerica products that the Licensee decides to produce.
  • Canna Provisions Inc. agrees to pay the Company a license fee to manufacture and distribute the Company’s products;
  • The Licensee will purchase all un-infused consumable ingredients, packaging supplies, and branded hardware exclusively from the Company;
  • Canna Provisions Inc. will follow formulations and processes provided by the Company;
  • During the first 180 days of the Initial Term, the Licensee is expected to employ one full-time sales representative to exclusively promote, market, advertise and sell Licensed Products;

Subject to Board approval from the Company and completion of satisfactory due diligence, the parties intend to enter into a Definitive Agreement on or before July 15, 2019.

“The Company is looking forward to the prospects of an agreement with Canna Provisions Inc. with the intent of introducing our growing brands into Massachusetts and the Northeastern market of the United States,” said Dan Anglin, CEO and Co-Founder of CannAmerica. “The Massachusetts adult use marketplace is thriving and a perfect fit for CannAmerica Brands concept and products. Expanding into this marketplace was a fundamental goal for the brand and is an important milestone in reaching the Company’s growth goals for 2019.”

“My colleagues and I at Canna Provisions have known the CannAmerica Brands team for many years, and we are excited to work with these experienced cannabis industry professionals again—this time in the great state of Massachusetts,” said Meg Sanders, CEO of Canna Provisions Inc., which will open its first of three Massachusetts dispensaries soon in Lee, Mass. “We are confident that CannAmerica’s infused gummies and vape pens and Live Labs’ concentrates and capsules will find receptive audiences among our customers, who expect and deserve thoughtfully formulated, efficacious cannabis products that deliver consistent and repeatable effects.”

For more information, please visit www.cannamericabrands.com.

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

About CannAmerica Brands Corp.

CannAmerica Brands is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

About Canna Provisions Inc.

Canna Provisions is the next generation of cannabis dispensary focusing on a unique and thoughtful customer experience. We are here to guide you and towards the right provisions to fit your lifestyle and provide knowledgeable support every step of the way. Founded by established industry pioneers with extensive cultivation, regulation and consumer sales experience, Canna Provisions stores provide a broad range of top-grade craft cannabis products that are locally sourced and thoughtfully produced. Life is a journey. No matter the path, trust Canna Provisions to better your journey. To learn more, visit CannaProvisionsGroup.com. Join us on Facebook, Instagram and Twitter.

SOURCE CannAmerica Brands Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/24/c8320.html

Media Contact: Sarah Thorson, Grasslands: A Journalism-Minded Agency, Sarah@mygrasslands.com, (609) 234-8531Copyright CNW Group 2019

CannAmerica Announces Increasing Demand for its Products and Provides Update on its Nevada Launch with Flower One

VANCOUVER, June 18, 2019 /CNW/ – CANNAMERICA BRANDS CORP. (“CANA” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that its brand of products are now being distributed by Flower One Holdings Inc. (“Flower One”) (CSE: FONE) (OTCQB: FLOOF) and production is increasing in order to meet demand.

In April, Flower One ordered 50,000 units from the Company for cannabis-product fulfillment in Nevada. Circulation of packaging related to this order began in the Las Vegas area earlier this month with distribution in dispensaries throughout the state of Nevada now available to consumers.

Dan Anglin, Founder and CEO of CANA, stated, “The Company is thrilled to have our new recipes and new packaging back in the Nevada market with our new partners Flower One. The excitement created in the Nevada marketplace by Flower One’s amazing 455,000 square foot facility is generating increased success for our products in Nevada through Flower One’s ability to provide retailers with access to our high-quality and fresh edibles.”

In order to assist with an effective launch of new gummies and packaging in the Nevada market, the CannAmerica team was onsite in the beginning of June with Flower One to provide training on the infusion and packaging process. The demand for the Company’s gummies continues to increase resulting in Flower One already making a second order of 60,000 units.

“We had a great week with the Flower One team at the beginning of the month and are excited to be working in unison with a partner who can fulfill our anticipated increase in orders across Nevada due to their large quantities of quality cannabis,” said Dan Anglin. “The response from dispensaries has been tremendous with an increase in orders being placed, and production levels are rising in order to meet requests from consumers. We are excited to get started on fulfilling Flower One’s second order right away.”

Further to its press release dated January 7, 2019, the Company announces the expiration of its previously announced letter of intent to create a joint venture with Invictus MD Strategies Corp. (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) and CBDistribution Company Ltd. The parties continue to explore mutually beneficial alternatives.

CannAmerica Brands is a Colorado-based, marine-veteran-founded cannabis brand known for its line of top-tier cannabis gummies and edibles currently available in three states. Flower One is now licensed to manufacture, distribute and sell CannAmerica Brands’ signature cannabis Fruit Juice Gummies and Super Soft Gummies to all cannabis retailers in Nevada.

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

About CannAmerica Brands Corp.

CannAmerica Brands is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.com.

CannAmerica Announces First Shipment of New Packaging, New Flavors, and Purchase Order With Flower One

VANCOUVER, April 18, 2019 /PRNewswire/ – CANNAMERICA BRANDS CORP. (“CANA” or the “Company”) (CSE: CANA) (OTCQB: CNNXF) is pleased to announce that it has made its first shipment of new packaging for new gummy flavors in Colorado and received its first purchase order from Flower One Holdings Inc. (“Flower One”) (CSE: FONE) (OTCQB: FLOOF).

In its first order under the terms of the supply agreement announced on February 14, 2019, Flower One has ordered 50,000 units from the Company for cannabis-product fulfillment in Nevada available in May. This purchase will be distributed into 10 piece and 3-piece bags throughout Colorado and Nevada dispensaries.

Additionally, the Company has completed a shipment of new, redesigned packaging and new flavor profile for gummies to its licensee in Colorado, Winkanda, LLC, for 15,000 units for sale in local dispensaries as a transition in that market from bottles to the new bags. To date, CANA has sold 15.5 million gummies (representing 1.5 million units) in both the Coloradoand Nevada legal cannabis marketplaces.  

Dan Anglin, Founder and CEO of CANA, stated “the Company has dedicated nearly a year to creating gummy flavor profiles that are unique with high-quality ingredients. Simultaneously, we have created a packaging solution that is not only bold in its aesthetic qualities, but instantly recognizable as a CannAmerica product. We’ve gone to great lengths to provide consumers with a package that not only keeps the product fresh but is also a smaller footprint for storage with portability by design.” 

Anglin continues “We’ve achieved many goals be redesigning our packaging: the packaging is all made in the USA, which is important to our customer base; we’ve reduced our carbon footprint in an effort to have less impact on the environment by moving to a mylar bag with Child Resistant locking zipper; we’ve increased the branding real estate on the bag to easily identify the product and the brand; added space on the packaging for test result information as well as retailer information without reducing our branded image, and increased our presence in retail stores without taking up more space, a necessity in stores that want to carry many brands and lines, but have limited shelf space to do so.”  

On new and improved flavors, Anglin stated “we’ve done extensive research into gummy confections and flavor preferences of adults to create flavor profiles that are not only exciting for consumers, but also the best-selling flavors in the category of gummies globally: Cherry; Blue Raspberry; Peach; Strawberry-banana; and two unique flavors – Orange Sherbet and Freedom Pop (a combination of Cherry, Lemonade, and Blue Raspberry in one gummy).”

The company has created a process for edible printing that allows it to enter these food products into any legal market that allows confections, regardless of stamping image requirements, by utilizing edible printing to create the image on the gummies that provide consumers with the knowledge that the product contains cannabis.

Anglin stated “with the exciting redesign of our packaging, we will also now enter the medical marketplace in the state of Colorado, which is a new market for CannAmerica. We look forward to sales in that state simply because there is an entire market that has not been exposed to the brand.”  Anglin continued, “CannAmerica Gummies available on the medical market in Colorado provides the medical patient in Colorado with high quality, full-spectrum distillate edible with 25mg of THC in each gummy. These products are expected to be in high-demand the moment they hit the shelves in May in Colorado.”

CannAmerica Brands is a Colorado-based, marine-veteran-founded cannabis brand known for its line of top-tier cannabis gummies and edibles currently available in three states. Flower One is now licensed to manufacture, distribute and sell CannAmerica Brands’ signature cannabis Fruit Juice Gummies and Super Soft Gummies to all cannabis retailers in Nevada. 

On Behalf of the Board,
Dan Anglin
CEO and Director
(314) 495-4589

About CannAmerica Brands Corp.

CannAmerica Brands is a U.S. marine veteran founded and operated portfolio of cannabis brands with licensing agreements in the states of Colorado, Nevada and Maryland. The Company aims to maximize the value of its brands by employing strong brand management teams, marketing and licensing the brands through various distribution channels, including dispensaries, wholesalers and distributors, in the United States and internationally. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope and diversity of its brand portfolio. For more information, please visit www.cannamericabrands.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.