Toronto, Ontario--(Newsfile Corp. - October 31, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces that it has secured a $5,000,000 debt facility with a major shareholder. The Company will primarily use the funding to advance its operations in Tennessee and Colombia focused on the development of hemp cannabidiol ("CBD") products. The loan will have a maturity date of 15 October 2021 with the outstanding portion of the principal amount bearing interest at a...
Toronto, Ontario--(Newsfile Corp. - September 16, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces a strategic expansion in the Republic of Colombia, South America. Leviathan has established LCG Holdings Inc. ("LCG"), a business venture to cultivate hemp and manufacture cannabidiol ("CBD") isolate and other extracted products in this rich agricultural region. Leviathan has a 65% ownership interest in LCG. The Company projects the cost of the first phase,...
Toronto, Ontario--(Newsfile Corp. - September 9, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces that Leviathan's wholly-owned subsidiary, Woodstock Biomed Inc., has initiated legal proceedings against The Corporation of the Town of Pelham. This litigation, filed through the Ontario Superior Court of Justice, follows Town Council's decision to deny the Company an exemption to its Interim Control By-law (4046), which placed a one-year moratorium on the...
Toronto, Ontario--(Newsfile Corp. - July 29, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") has closed the previously announced acquisition of a 5-acre property with an existing 37,000 square foot building located in Smith County, Tennessee. The acquisition facilitates the establishment of a new business unit in Smith County, Tennessee to manufacture Cannabidiol ("CBD") isolate and other CBD products from hemp. Leviathan US, Inc., of which the Company owns 75%...
Toronto, Ontario--(Newsfile Corp. - June 13, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces the establishment of a new business unit in Smith County, Tennessee to manufacture Cannabidiol ("CBD") isolate and other CBD products from hemp. Leviathan US, Inc., of which the Company owns 75% of the issued shares, controls a conditional hemp processing license from the Tennessee Department of Agriculture, subject only to various ordinary-course operational...
Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces that Leviathan's wholly-owned subsidiary, Woodstock Biomed Inc., will initiate legal action against the Town of Pelham, Ontario following Town Council's vote to deny the Company an exemption to its Interim Control By-law (4046) on May 21, 2019. The said By-law restricts the use of land in the Town of Pelham for cannabis related purposes for one (1) year to...
Toronto, Ontario--(Newsfile Corp. - May 9, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") is pleased to provide the following corporate update. Leviathan's Greenhouse Cultivation Facility - Pelham Ontario Town Council of Pelham addressed Leviathan's application for an exemption to its Interim Cannabis By-law (4046) on April 15, 2019. This by-law places a one-year moratorium on new cannabis builds and any expansions of cannabis related facilities. While the...
Toronto, Ontario--(Newsfile Corp. - April 26, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces that the Board of Directors (the "Board") has appointed Jayne Beckwith as Interim Chief Financial Officer. Ms. Beckwith currently serves as Leviathan's Chief Communications Officer. Ms. Beckwith replaces Martin J. Doane as Interim Chief Financial Officer. Mr. Doane will continue in his role as Leviathan's Chief Executive Officer and a member of the Board. The...
Toronto, Ontario--(Newsfile Corp. - March 20, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") is pleased to announce the appointments of Jayne Beckwith and Luvlina Sanghera as Officers of the Company. Ms. Beckwith takes on the role of Chief Communications Officer and Ms. Sanghera takes on the responsibility of Chief Marketing Officer effective March 20, 2019. Both are members of the core group that founded Leviathan. Ms. Beckwith has 25 years of experience in...
Toronto, Ontario--(Newsfile Corp. - February 22, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces the departure of Cheryl Sarnavka as Chief Financial Officer, effective February 21, 2019. The Board of Directors (the "Board") has appointed Martin J. Doane as Interim Chief Financial Officer. Mr. Doane currently serves as Leviathan's Chief Executive Officer and is a member of the Board. The Company has commenced its search for a Chief Financial Officer and...
Toronto, Ontario--(Newsfile Corp. - February 6, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") reports that the Letter of Intent to acquire all issued and outstanding shares of MariGrow Inc., which was announced on January 17, 2019, has been terminated. Leviathan continues to explore growth opportunities designed to create strong shareholder value. The Company is actively reviewing a number of additional production assets as well as other cannabis ecosystem...
Toronto, Ontario--(Newsfile Corp. - February 4, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces that the Management Cease Trade Order ("MCTO") imposed by the Ontario Securities Commission ("OSC") on January 7, 2019 has been revoked. With the revocation of the MCTO, directors, officers and other insiders of Leviathan are no longer precluded from trading the Company's common shares. The January 7, 2019 MCTO was made by the OSC regarding the Company's late...
Toronto, Ontario--(Newsfile Corp. - January 29, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") previously announced on January 28, 2019 that it expects to file its audited annual financial statements for the year ended August 31, 2018 on or before January 31, 2019. Once that filing is complete the Company plans to immediately proceed with filing its interim financial statements for the three months ending November 30, 2018. About Leviathan Cannabis Leviathan...
Toronto, Ontario--(Newsfile Corp. - January 28, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces a two-week update regarding the default announcement pursuant to National Policy 12-203 - Management Cease Trade Orders (the " MCTO "). The MCTO was issued in connection with the delay by the Company in filing its audited annual financial statements for the financial year ended August 31, 2018 before the required filing deadline of December 31, 2018. An...
Toronto, Ontario--(Newsfile Corp. - January 18, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") is pleased to provide further information regarding its letter of intent to acquire all the issued and outstanding shares from the shareholders (" Vendors ") of MariGrow Inc. ("MariGrow" or the " Transaction "), which was announced on January 17, 2019. Deal Terms Pursuant to the letter of intent, Leviathan would pay the following consideration to the Vendors; (1)...
Toronto, Ontario--(Newsfile Corp. - January 17, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") announces it has entered into a letter of intent to acquire all the issued and outstanding shares of MariGrow Inc. ("MariGrow" or the " Transaction "). MariGrow is a late stage applicant that has received its Confirmation of Readiness from Health Canada's Office of Medical Cannabis. MariGrow has secured a 5-acre property with an existing 32,000 square foot building...
Toronto, Ontario--(Newsfile Corp. - January 14, 2019) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the "Company" or "Leviathan") announces a two week update regarding the default announcement pursuant to national policy 12-203 - Management Cease Trade Orders filed December 31, 2018. The Company was unable to file its audited annual financial statements for the year ended August 31, 2018 before the required filing deadline of December 31, 2018 due to an unforeseen medical emergency with...
Toronto, Ontario--(Newsfile Corp. - November 8, 2018) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") announces the addition of David Jarvis and Matthew Brace to its Board of Directors. David Jarvis, CFA, MBA, is a veteran of the Canadian hedge fund and financial services industry with over 30 years in senior-level positions. As a founding partner of Spartan Fund Management, he conceived, designed and built one of the first incubator hedge fund platforms in Canada...
Toronto, Ontario--(Newsfile Corp. - October 18, 2018) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") continues to move forward with the construction of its state-of-the-art hybrid greenhouse production facility located in the heart of Ontario's Niagara region. On October 15, 2018 the Pelham Town Council ("Town") passed an interim control bylaw (the " By - law "). The By-Law purports to restrict the use of land in the Town for one (1) year to provide the Town with...
Toronto, Ontario--(Newsfile Corp. - October 3, 2018) - Leviathan Cannabis Group Inc. (CSE: EPIC) (the " Company " or " Leviathan ") announces the addition of Dr. Rubin Becker to its Board of Directors. Dr. Becker MD, FRCP(C) is a distinguished medical doctor with extensive expertise in geriatric and internal medicine. He currently holds the position of Chief, Division of Internal Medicine at Montreal Jewish General Hospital and is an Associate Professor of Medicine at McGill University....