Canterbury Group Launches Jamaican Brew House, All Natural Cannabis Beverage Company

CAYMAN ISLANDS: Canterbury Group, a global investment firm with $6 billion of assets under management and custody, announced today the launch of Jamaican Brew House, a Jamaican-based cannabis beverage company that produces all-natural products for the health-conscious consumer who wants the benefits of CBD and THC.

Unlike others cannabis beverage companies that use a synthetic method to add in THC or CBD to existing products, Jamaican Brew House is the first and only company to use a patent-pending botanical process to naturally create a neutral base that offers both therapeutic benefits and delicious flavor. The base is produced from cannabis that is locally harvested and refined in Jamaica.

“We are excited to officially announce the launch of Jamaican Brew House and introduce our proprietary new botanical process to the beer industry,” said Erin Winczura, Founder and CEO of Canterbury Group, Jamaican Brew House’s parent company. “We saw a need in today’s current marketplace to create a great tasting and natural cannabis product that could also be commercially distributed.”

Backed by a leadership team with over five decades of beverage experience, Jamaican Brew House’s cannabis beverages will include both alcoholic and non-alcoholic beers, ciders and seltzers. Jaime Jurado, industry veteran and former International President of the Master Brewers Association of the Americas, serves as Jamaican Brew House’s brewmaster, leading product development.

With test production underway, Jamaican Brew House plans to release cannabis-infused beers, ciders and seltzers through commercial distribution in Canada, Jamaica and other international countries where it is legal by early 2020. Jamaican Brew House will create two different blends, one with CBD made from hemp, which contains only 0.3% THC, and one made from marijuana plants, which has a higher concentration of THC.

Jamaican Brew House is a portfolio company of Canterbury Group. For more information about Canterbury Group, please visit canterburygroup.ky.

Weekend Unlimited Appoints Paul Chu President & CEO

Company appoints seasoned consumer packaged goods leader to bring and grow acquired brands to Canada, Jamaica, the United States and other international markets

CANADA: Weekend Unlimited announced the appointment of Mr. Paul Chu to the role of President and CEO. As an Executive and Entrepreneur, Mr. Chu brings over 25 years of success across a variety of industries including CBD cannabis, technology, hardware/software, food and beverage, energy, telecommunications, hospitality, and real estate.

“Under Mr. Cody Corrubia’s leadership, Weekend Unlimited has acquired, and entered into agreements to acquire a robust portfolio of brands in flower, edibles and extracts categories,” said Mr. Kevin Ernst, Corporate Director, Weekend Unlimited. “Cody established the Company in multiple markets including California, Canada, Jamaica, Washington State, and other legal jurisdictions in the United States with the opportunity to leverage a strong product portfolio, positioned for growth in 2019. Working with Paul to add Canna Candys to our portfolio, it became clear that he brings the leadership and experience we need to take Weekend Unlimited to the next level,” added Mr. Ernst.

Mr. Chu has co-founded and held leadership positions at companies in the cannabidiol (CBD) cannabis industry, including HEY MARY and Canna Candys. In addition, Mr. Chu has served as co-founder of High Desert Group and Boom Energy NYC. He has served as Managing Director, Johnny Rockets NYC, Chairman and CEO, iSWIMBAND, co-Founder, Mobile123 and VIAONE Technologies, co-Founder and co-CEO, Urban Wireless, and Vice President, Regal China Cruises.

“I am honored to join Weekend Unlimited, as we build the company into the world’s leading recreational cannabis lifestyle brand,” said Mr. Chu. “I am optimistic about the prospects and opportunities of launching innovative high-quality products and services throughout our existing and new markets. Based on our successes to date, Weekend Unlimited has an unparalleled opportunity to create demand for a consumer-focused portfolio of recreational cannabis brands.”

Paul Chu attended the University of Southern California – Marshall School of Business. He has served as President of IDV – Hansen Beverage Company, where he launched the distribution network that introduced the Southern California fresh juice company, to 13 states along the northeast seaboard. Mr. Chu also formulated and began the “Fresh Squeezed Juice and Monster caffeinated beverage” movement in the Northeast, successfully placing product into SYSCO Foods, 7-Eleven and New York City’s Gourmet Markets.

Mr. Chu co-developed the first prepaid telecom platform, pioneering a digitally built and managed master distributor of mobile phones and prepayments which generated over $750M within four years of inception. Paul has secured placement of products into big box retailers including Walmart, Toys R Us, and Staples. He is the founder of HEY MARY, the first Artificial Intelligent-driven platform for in-home personal cannabis dosing and dispensing.

Sproutly Signs LOI With Largest Caribbean Medical Cannabis Producer To Sell Infused Beverages And Oil

CANADA: Sproutly Canada has entered into a letter of intent with Global Canna Labs Limited, the Caribbean’s largest medical cannabis producer, to establish a joint venture for the purpose of developing, producing, distributing, marketing and selling cannabis infused beverages, edibles and topical products derived from Sproutly’s fully licensed, APP Technology.

“Partnering with Global Canna Labs on this joint venture allows Sproutly to expand its business outside of Canada with a leading, low cost cannabis cultivator in Jamaica that has proven distribution in across the Caribbean and soon to be European Union,” said Keith Dolo, Chief Executive Officer and Director of Sproutly. “This partnership will enable Sproutly to diversify its product portfolio and accelerate its global distribution network from a low-cost regulated jurisdiction.”

Sproutly CanadaPaul Glavine, Chief Executive Officer of Global Canna Labs said, “We are eager to roll out this partnership with Sproutly on their APP technology. We have explored a number of options regarding extraction and cannabis technology solutions for beverage and derivative products – APP Technology is in our view the superior choice for beverage formulations.  With our current supply and expansion plans to over 1 million square feet of cultivation, we see this partnership with Sproutly as a step towards utilization of our large-scale production towards a finished-product strategy.”

Proposed Terms of Joint Venture

The joint venture is expected to be structured as a newly formed, jointly owned company with its own board of directors (the “JV”). Sproutly will have a 50% interest and Global Canna Labs will own the remaining ownership interest.  Global Canna Labs will be responsible for cannabis biomass production and procurement and day-to-day operations of the JV.

Global Canna Labs is also responsible for all costs relating to producing final products for sale, including any equipment needed to produce beverages, edibles or other cannabis derivatives and will leverage its existing production facility and staff for the JV.  These costs will be decided upon by the board along with the determination of the product lines to be produced.

Sproutly will be responsible for providing access to the APP Technology, supplying reagents, and beverage/product formulation capabilities (including its functional beverage formulation portfolio) for products to be formulated from Infuz20 and Bio Natural Oil.  The products are expected to be sold in Jamaica and the rest of the Caribbean with potential expansion into additional European countries that allow for the import of cannabis products from Jamaica. The list of jurisdictions and product lines will be finalized and disclosed in the definitive agreement.

The signing of the definitive agreement and establishment of the joint venture is expected to occur in January 2019.

About Global Canna Labs Limited

Global Canna Labs is the Caribbean’s largest medical cannabis producer and the first in Jamaica to be issued a Tier 3 license.  Global Canna Labs has its cultivation facility on 6.23 acres with a legal limit of 200,000 cannabis plants.  Currently it has 31,000 sqf of greenhouses with an additional 27,000 sqf of expansion planned for its greenhouse operations.

Global Canna Labs operates 220,000 sq.ft. of outdoor cultivation with plans to expand to over 1 million sq.ft. in 2019.  Global Canna Labs is strategically located in the city of Montego Bay Jamaica, which is ideal for its proximity to a global logistics hub.  Global Canna Labs is currently constructing a 6,000 sq.ft. packing and drying facility to EU-GMP and U-GACP specifications.

The company also accesses a proprietary distribution partnership via its 25% strategic investment in Zimmer and Company, the only pharmaceutical distribution licensed company focused on CBD/THC distribution in the Caribbean with an existing 61 products approved by the Jamaican Ministry of Health for import and export.  Currently, Zimmer global is in 100 retail locations in Jamaica and now Trinidad.

Weekend Unlimited To Acquire R&D Pharma In Jamaica

The acquisition will strengthen the Company’s holdings with one of three Tier-3 Jamaican Licenses

CANADA: Weekend Unlimited,  a lifestyle cannabis company, has entered into an arms-length binding letter of intent to add to its brand portfolio with the acquisition of R&D Pharma in Jamaica, securing one of three Tier-3 licenses available in Jamaica.

R&D Pharma Highlights include:

  • Weekend Unlimited’s planned acquisition in Jamaica is led by Derrick Lewis and Richard Bailey, CEO and President of R&D Pharma respectively.
  • One of only three approved tier-3 cultivators license holders in Jamaica.
  • Medical tourism in Jamaica, plus phenotyping with Jamaican sativas, to brand and export internationally recognized strains, extracts, and infused products.
  • Will be a significant exporter of branded full spectrum extracts as well as extracted cannabinoids from one of world‘s lowest cost geographies for growing cannabis.
  • Weekend Unlimited will acquire 100% of R&D Pharma, which includes a 49% interest in a Jamaican company holding one of the existing Tier-3 licenses in Jamaica.  R&D Pharma also holds a royalty agreement on the all production, giving it a near 100% economic interest in the license being acquired.

R&D Pharma is a Canadian company building a vertically integrated medical cannabis business in Jamaica.  R&D has secured a Tier 3 Cultivator’s License (only one of three presently issued in Jamaica), which allows for full cultivation of cannabis plants on land of over 5 acres. R&D’s founders Derrick Lewis and Richard Bailey are citizens of Jamaica who now reside in Canada, both having significant business networks in both countries.

“This acquisition in Jamaica represents a significant step for Weekend Unlimited as it implements its strategy to be a top tier integrated cannabis company,” said Mr. Cody Corrubia, Weekend Unlimited’s President and CEO. “By adding R&D to our brand portfolio, we secure a highly coveted asset for cultivation in a low cost, high quality environment like Jamaica, which has international appeal in the cannabis space, with unparalleled lifestyle applications,” added Mr. Corrubia.

“We are thrilled to add value to Weekend Unlimited’s brand portfolio,” said Mr. Derrick Lewis, CEO and Director of R&D.  “Our assets in Jamaica are founded upon highly organized cultivation,  which we will extend to build our international branding base, securing long-term contracts and relationships for the sale and/or out-licensing of internationally recognized strains, full spectrum and extracts, and infused retail products,” added Mr. Lewis.

“To accelerate our plan, R&D is building an Herb House/Ganja Café and Therapeutic Spa at Ocho Rios, on our 98 acre location which contains the cultivation operation.  The Café and Spa will showcase products and deliver experiences to consumers of cannabis from around the world.  R&D will also distribute standard medical products on the island domestically and to medical tourists,” said Mr. Lewis.

Weekend Unlimited will issue to the shareholders of R&D a total of 50,000,000 common shares and 25,000,000 warrants. Each warrant entitles the holder to subscribe for an additional shares for $0.35 for a period of 2 years from closing, subject to the right of the Company   to accelerate expiry date upon 30 days’ notice if its common shares trade at $0.75 or higher for 10 consecutive business days any time after 4 months from closing.  Approximately 35 million of these shares will be subject to a 3 year escrow, with releases of 10% on closing, and 15% on every 6 month anniversary.

Pending closing, the Company has advanced CDN $2.4 million on a secured loan basis to R&D for construction costs.  It is anticipated that another US $9 million will be required to complete the buildout of the planned Jamaican facilities. The Company plans to fund all of this by way of an equity raise or debt or a combination of the two.

While in the final due diligence stage, the Company anticipates closing this transaction within a month. However there is no certainty that this transaction will close, or if it does close, will close on the current terms as agreed between the parties.

 

 

FSD Pharma Expands Into Jamaican Market

CANADA: FSD Pharma has announce that it intends to launch a strategic partnership into the Jamaican cannabis market as part of its plan to expand internationally. FSD has signed a Letter of Intent effective September 10, 2018 with JJAMACANN Inc. to form a joint venture operating as FSD Jamaica. FSD Jamaica expects to partner locally with Nature’s Purest Limited, a Jamaican corporation with a cultivation license and existing operations in Jamaica.

“We are excited to be working with a world-class and knowledgeable team of local experts and entrepreneurs with extensive cannabis cultivation experience. Jamaica has historically produced some of the best cannabis over the past 50 years. FSD Jamaica intends to take advantage of the ideal climate and soil conditions on the NPL property and surrounding area to produce the highest quality cannabis, hemp and cannabinoid products possible. FSD Jamaica is well-positioned to bring Jamaican branded, world class medical and recreational products to market by 2019”, said Anthony Durkacz, Director of FSD.

As part of the LOI, FSD Jamaica will establish an experimental centre for the development of cannabis and cannabinoid (CBD) genetics suitable to cultivate in Jamaica with the intent to create a genetics and seed bank of innovative cannabis and hemp products for the Jamaican market and the Canadian market where permitted.

“NPL was the second company to be granted a cultivation license in Jamaica. It is located in the beautiful mountains of Ulster Springs Trelawny and the property is fed by crystal clear spring water surrounded by many agricultural crops and experienced workers. The combined genetics library of FSD Jamaica and NPL will allow for the breeding of high THC & CBD plants that will be cultivated using medical grade extraction processes. This strategic partnership compliments FSD’s business model of producing the highest quality medical grade product at scale”, continued Mr. Durkacz.

Beckley Foundation Hosts Jamaican Cannabis Summit

JAMAICA: This weekend in Negril the Beckley Foundation brought together leaders from the Jamaican government, the Rastafari community, and the business community to discuss the current progress and next steps for building a regulatory framework for a legal cannabis industry in Jamaica.

The two day event was hosted by the Beckley Foundation, which was started in England in 1998 by the Countess of Wemyss, to pioneer cannabis research and policy reform. Her contribution to psychedelic science and global drug policy reform has been pivotal and widely acknowledged.

GGS Structures President, Leigh Coulter, was invited to the event and she encouraged the Cannabis Licensing Authority to consider in their licensing development the need to encourage progressive development of both greenhouse cultivation and advanced precision agriculture in traditional field growing.

Jamaican Moms Give Children Cannabis — And It Works

JAMAICA:  It’s true– this is not some one-off survey conducted by amateurs. This research was completed by Dr. Melanie Creagan Dreher PhD, RN FAAN whom served as the dean for four prestigious nursing schools, received a Bachelors of Science from Long Island University as well as a Masters and Doctorate in Anthropology from Columbia University and Teachers College.

Dr. Dreher’s study, Schoolchildren and Ganja: Youthful Marijuana Consumption in Rural Jamaica, was published in the Anthropology and Education Quarterly in 1983 and was a groundbreaking cross-cultural study that aimed to answer questions on the cultural influence of varying degrees of substance use. Here we will look at cannabis culture in Jamaica, Dr. Dreher’s study and methods, as well as her conclusions.

Despite its illegality, cannabis is widely used across the country. It is estimated conservatively that 75 to 90 percent of the working class population of Jamaica has had experience with the consumption of cannabis in some form. Dr. Dreher found the culture around cannabis use in Jamaica to be vehemently different from that of America’s—specifically regarding both the tradition and incorporation of ganja into families.

Small Farmers To Be Included In Medical Marijuana Industry

JAMAICA:  Justice Minister, Senator Mark Golding, says the Government is aiming to create an inclusive framework for the operation of the medical marijuana industry.

The minister said the system will be designed in a way to allow for small farmers to operate within a lawful industry.

“We don’t want a design, which is going to be prohibitive in terms of its requirements that would exclude especially small farmers from participating. That is where we think that there (will) be tremendous economic benefits,” he said.

Golding was addressing the Rotary Club of Kingston’s luncheon held on Thursday at the Jamaica Pegasus hotel in New Kingston.

 

Stop Giving Ganja ‘Bad Name’

JAMAICA:  Before and after the proposal to change the law governing ganja there have been some major concerns expressed from a few quarters of the Jamaican society. It was reported in the article ‘Psychiatrist worried about ganja decriminalisation’ (Observer, March 9, 2015) that Dr Winston De La Hay was concerned about increased use of ganja after decriminalisation. This, he argues, would lead to increased addiction and also an increase in people presenting with mental illnesses.

There are also some other major concerns about memory and cognition, motivation, academic and work performance, and the issue of gateway drugs. These concerns must be addressed.

Dr De La Haye, according to the article, compared the ganja situation in Jamaica to a situation involving the decreasing of the price of alcohol in Russia resulting in increased alcohol addiction. However, contrary to Dr De La Haye findings about alcohol in Russia, scientific research on ganja and its effects in Jamaica and the world at large have dispelled this myth about decriminalisation, increased use and insanity.

 

Jamaica Remains Largest Illicit Producer And Exporter Of Marijuana In Caribbean

JAMAICA:  A report by the International Narcotics Control Board (INCB) has found that Jamaica remains the largest illicit producer and exporter of cannabis herb in Central America and the Caribbean.

The INCB 2014 report released here, showed that the island accounts for approximately one third of cannabis herb produced in the Caribbean.

It said that increased production of the drug has been noted in other countries, in particular Dominica and St Vincent and the Grenadines.

Jamaica has also become a hub for the trafficking of cocaine, owing to the displacement of trafficking routes as a result of the strengthening of drug trafficking countermeasures in Latin America,” the report stated, noting that the problem is compounded by the “fact that Jamaican criminal groups are using the elaborate networks originally established to traffic cannabis and cocaine as well.