(TheNewswire)
VANCOUVER – TheNewswire - April 22, 2021 - CANNAMERICA BRANDS CORP.("CannAmerica" or the "Company") (CSE:CANA) (CNSX:CANA.CN) (OTC:CNNXF) ispleased to announce that on April 10, 2021, the Company entered into apartnership with the Veteran Sheepdogs of America (VSA) to provideassistance to veterans of the United States Armed Forces in need ofservice dogs with trained animals specifically for their needs.
VSA is a non-profit organization that advocates foraccess to benefits and services from the Veterans Administration onbehalf of the servicemember, as well as advocating to members ofCongress and State legislatures on behalf of veterans for greateraccess to earned benefits as well as other considerations for the careand benefit of America’s veteran community. In partnering withVSA, the Company has committed to creating specific product lines withits licensees in the cannabis and hemp marketplaces that areco-branded with VSA, with a portion of the wholesale revenuesgenerated going to the VSA to aid in funding efforts to provideservice animals to veterans who need them.
Dan Anglin, CEO and Founder of CannAmerica said “As acompany, we’ve been searching for the most appropriate organizationto partner with the goal of creating opportunities to connect theveteran community and the cannabinoid industry, and we’ve found thatpartner in the Veteran Sheepdogs of America. Not only has VSA beenworking to create awareness of the shortfalls in benefits for veteransin general, but with the experience of its founders, Joshua Hosler aUnited States Marine Corps combat veteran of the war in Afghanistanwho worked as a bomb-dog handler, and Anthony Archer, a high-rankingenlisted retired veteran of the United States Army and combat veteranwho is also a recipient of a highly trained service dog named Sapper,we believe this partnership will create the kind of awareness forthese efforts and the company’s commitment to creating alternativepaths for post-service for veterans that we’ve made a part of ourbrand identity.”
Joshua Hosler, CEO and Founder of Veteran Sheepdogs ofAmerica stated: " While Veteran Sheepdogsof America fights to hold the VA accountable, we know how importantservice dogs are to saving veterans’ lives. CannAmerica's founder,Dan Anglin, has that same passion and appreciation for service dogs,which makes both organizations a perfect partnership."
On the operational front, the Company continues tointroduce new products into the legal cannabis marketplace through theintroduction of CannaPuffs, a unique gummy confection that is softerthan other gummies in the market due to a process of jet-puffing airinto the confection during the manufacturing process. Additionally,the introduction of multiple packaging re-designs prior to thisyear’s “420” holiday has increased wholesale and retail sales inColorado and Oklahoma by approximately 30% since March 15th.
The Company’s hemp licensee, VIII Brands LLC., makersof its unique brand of Hemp Crave gummies, began online direct toconsumer sales on March 1st and wholesale distribution to retailers onMarch 15th. Online sales and information can be found on www.viiibrands.com
In terms of product development, the Company’sformulation of its branded beverage line, Hemp Quench, is expected tobe completed with launch of the products scheduled to occur at theOkie Cup on May 1st, 2021. The Company is hosting the cannabiscelebration event in Enid, Oklahoma, with thousands of attendeesexpected based on pre-event ticket sales. The Company’s partners,VIII Brands, LLC., will be selling hemp products at the event andintroducing new product lines to attendees for announcing thelaunch.
Further to its press release dated February 24, 2021,the Company announces an extension of its previously announcedproposed purchase of its Colorado licensee, Arsenal Oils and Extracts(“Arsenal”). The Company has extended the due diligence periodto June 15, 2021 based on the timing of the reduction in restrictionsin Colorado creating increased demand for sales in the state.
For further information please contact the Company at info@cannamericabrands.com .
Sincerely,
Dan Anglin
CEO / Director
CannAmerica Brands
(720) 689-4028
About CannAmerica Brands Corp.
CannAmerica is a U.S. marine veteran founded and operated portfolio ofcannabis brands with licensing agreements in the states of Colorado,Nevada, Oklahoma, Massachusetts and the Country of Canada. The Companyaims to maximize the value of its brands by employing strong brandmanagement teams, marketing and licensing the brands through variousdistribution channels, including dispensaries, wholesalers, anddistributors, in the United States and internationally. The Company'score strategy is to enhance and monetize the global reach of itsexisting brands, and to pursue additional strategic acquisitions togrow the scope and diversity of its brand portfolio. For moreinformation, please visit www.cannamericabrands.com .
Neither the Canadian SecuritiesExchange nor its Regulation Services Provider (as that term is definedin the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
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