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Pinnacle Renewable Energy Announces Temporary Suspension of Operations at its Entwistle Facility

Vlad Poptamas

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Photo source: pinnaclepellet.com
Reading Time: 2 minutes

 

Pinnacle Renewable Energy (“Pinnacle” or the “Company”) (TSX: PL) announced today that operations at its wood pellet production facility in Entwistle, Alberta (the “Facility”) have been temporarily suspended. At approximately 2 o’clock MST today, a fire occurred at the Facility, causing damage to part of the Facility. The Company reported that one employee went to hospital and several employees sustained minor injuries as a result of the accident and were treated on site. Emergency personnel were notified immediately and were at the Facility promptly to treat injured employees and extinguish the fire. Pinnacle senior management and local authorities are in transit to site and a formal investigation into the incident will commence. At present, the cause of the fire is unknown. The Company’s priority is to look after its employees.

Forward-Looking Information
This news release may contain ”forward-looking information” within the meaning of applicable securities laws in Canada. Forward-looking information may relate to Pinnacle’s future financial outlook and anticipated events or results and may include information regarding its financial position, business strategy, growth strategies, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding the Company’s expectations of future results, performance, achievements, prospects or opportunities or the markets in which it operates is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as ”plans”, ”targets”, ”expects” or ”does not expect”, ”is expected”, ”an opportunity exists”, ”budget”, ”scheduled”, ”estimates”, ”outlook”, ”forecasts”, ”projection”, ”prospects”, ”strategy”, ”intends”, ”anticipates”, ”does not anticipate”, ”believes”, or variations of such words and phrases or state that certain actions, events or results ”may”, ”could”, ”would”, ”might”, ”will”, ”will be taken”, ”occur” or ”be achieved”. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. If any of the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those expressed in the forward-looking information. The Company has no obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada.

SOURCE Pinnacle Renewable Energy Inc.

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Canada

Zenabis to Supply Premium Recreational Cannabis to Alberta

Betty Tűndik

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Photo Source: namaste.com
Reading Time: 2 minutes

 

Zenabis Global Inc. (“Zenabis”) (TSXV: ZENA) today announced that it will formally enter the Alberta recreational cannabis market, supplying retailers throughout the province through a Supply Agreement it has entered into with the Alberta Gaming, Liquor & Cannabis Commission (AGLC). Zenabis will supply seven strains of its premium, adult-use Namastetm products beginning Q1 2019.

Alberta represents the eighth province/territory that Zenabis will supply, and builds on Zenabis’ significant recent momentum in developing sales and marketing channels for its complete range of products. On February 4, 2019 Zenabis announced an agreement with Shoppers Drug Mart, adding a major new retail channel to serve medical patients across Canada.

“We are thrilled to offer our products to Alberta consumers, and to grow our distribution platform in a significant new market,” said Andrew Grieve, Chief Executive Officer of Zenabis. We look forward to continuing the rapid expansion of our distribution relationships in Canada and abroad.”

In addition to Alberta, Zenabis has distribution relationships with government and third-party retailers/distributors British ColumbiaSaskatchewanManitobaNew BrunswickNova ScotiaPrince Edward Island, and the Yukon Territory.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Forward Looking Information

This news release contains statements that may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Zenabis, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the sale of Zenabis products in Alberta pursuant to the supply agreement; and the conversion, expansion and optimization of Zenabis’ facilities. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur. Forward-looking information is based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Zenabis’ control. These risks, uncertainties and assumptions include, but are not limited to, those described Zenabis Management Information Circular dated November 23, 2018, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in any forward-looking statements. Furthermore, any forward-looking information with respect to available space for cannabis production is subject to the qualification that management of Zenabis may decide not to use all available space for cannabis production, and the assumptions that any construction or conversion would not be cost prohibitive, required permits will be obtained and the labour, materials and equipment necessary to complete such construction or conversion will be available. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Zenabis does not intend, nor undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

 

SOURCE: Zenabis Global Inc.

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Canada

New Partnership for tasty and vegan-friendly dish

Betty Tűndik

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McIlhenny Company produces TABASCO® Brand products, which are sold in more than 185 countries and territories around the world and labeled in 22 languages and dialects. The 150-year-old company makes a line of pepper sauces, including its world-famous TABASCO® Brand Original Red Sauce, Green Jalapeño Sauce, Chipotle Sauce, SWEET & Spicy Sauce, Habanero Sauce, Garlic Pepper Sauce, Buffalo Style Hot Sauce, and Sriracha Sauce. (CNW Group/Sunset Grill Restaurants Ltd.)
Reading Time: 2 minutes

 

Sunset Grill Restaurants and McIlhenny Company’s world-famous TABASCO® brand have joined forces for a limited time infusing the rich, smoky flavour of TABASCO® Chipotle Sauce with the Canadian breakfast chain’s tasty new Southwest Vegan Breakfast Hash.

Sunset Grill’s vegan hash combines home fries with sautéed onion, red pepper and mushrooms with a side of diced tomatoes and gluten-free guacamole. It was created in part due to guest demand for more vegan-friendly breakfast options. Now and for a limited time, a bottle of TABASCO® Chipotle Sauce will be served tableside with the dish and be offered as a premium flavour option on all dishes upon request.

“The smoky profile of the TABASCO® Chipotle Sauce perfectly complements the southwest flavour of Sunset Grill’s vegan hash and really takes the dish to a whole new level,” said Angelo Christou, founder and CEO of Sunset Grill Restaurants Ltd.

TABASCO® Chipotle Sauce is considered a “medium” on the Scoville scale – which means it’ll give you the kick of heat you crave without completely knocking your socks off. The sauce is made of vine-ripened, red jalapeño peppers smoked over an open pecan wood fire. It’s preservative free, gluten-free, non-GMO, kosher and halal.

“TABASCO® Foodservice Canada are thrilled to partner with an iconic local Canadian brand in Sunset Grill. We salute their ongoing efforts to innovate customer centric healthier, in this case vegan-friendly, options that deliver big flavour, and satisfaction,” said Daryl Lunney, vice president marketing, TABASCO® Foodservice Canada. “Loyal Sunset Grill patrons will now have the opportunity to elevate their other amazing offerings with a touch of the southwest by adding just a few dashes of TABASCO® Chipotle Sauce.”

The partnership was born out of a desire to elevate the traditional breakfast brand’s offerings with on-trend flavour infusions. The promotion includes an in-store poster, as well as an online ad spend for every Sunset Grill restaurant location to target local communities as well as an additional effort to promote the dish within the vegan community.

TABASCO® Chipotle will be available in all Sunset Grill franchised locations until late April 2019.

SOURCE: Sunset Grill Restaurants Ltd.

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Agreements

Ontario: Fire & Flower announces two cannabis store agreements

Betty Tűndik

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Reading Time: 3 minutes

 

Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSXV: FAF) is pleased to announce that its subsidiary, Fire & Flower Inc. (“F&F”), has entered into agreements (the “Agreements”) with two of the initial 25 applicants that have been selected by the Alcohol and Gaming Commission of Ontario (the “AGCO”) to apply for cannabis Retail Operator Licences in the East Region of Ontario.

Both of the applicants have submitted their Retail Operator Licence and Retail Store Authorization applications. Following receipt of the Agreements, the AGCO has advised the applicants that their applications will proceed to the eligibility phase of review, where they will be assessed for current and ongoing compliance with the Cannabis Licence Act, 2018 and its regulations.

The Agreements provide F&F with licensing and consulting fees as well as an option to purchase each of the applicant’s interest in the retail locations after the expiry of the lottery process, subject to approval by the AGCO. Development of the retail stores is underway to meet the AGCO’s timeline for opening by April 2019.

“These agreements represent another important step in Fire & Flower’s mission to introduce our elevated education-based approach to adult-use cannabis retail to Ontarians”, said Trevor Fencott, Chief Executive Officer of Fire & Flower. “They represent a strong vote of confidence in Fire & Flower’s best-in-class expertise to assist these applicants to develop and operate a highly regulated business within an aggressive timeline.”

Fire & Flower currently operates retail cannabis and accessory stores in Alberta and Saskatchewanand has a wholesale cannabis supply business in Saskatchewan. As part of its growth strategy, the Company intends to continue applying for licences for retail shops in AlbertaSaskatchewan and in all provinces that allow private cannabis sales, including OntarioBritish Columbia and Manitoba.

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes. Forward-looking statements in this news release include, but are not limited to, statements regarding the granting of a Retail Operator License and Retail Store Authorization to each of the applicants, the approval by the AGCO of the Agreements, any licensing and consulting fees to be paid to F&F and the opening of the retail stores by April 2019.  Management of the Company believes the expectations reflected in such forward-looking statements are reasonable as of the date hereof but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. Various material factors and assumptions are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Those material factors and assumptions are based on information currently available to the Company, including data from publicly available governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of the retail cannabis industry which the Company believes to be reasonable. However, although generally indicative of relative market positions, market shares and performance characteristics, such data is inherently imprecise. While the Company is not aware of any misstatement regarding any industry or government data presented herein, the retail cannabis industry involves risks and uncertainties and is subject to change based on various factors. 

Forward-looking statements are not a guarantee of future performance and are subject to and involve a number of known and unknown risks and uncertainties, many of which are beyond the control of the Company and which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements, including those risks identified under the heading “Risk Factors” in the Company’s filing statement dated February 6, 2019 as filed on SEDAR atwww.sedar.com.

Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.

SOURCE: Fire & Flower Inc.

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