(TheNewswire)
February 25, 2021 - TheNewswire - Ottawa, Ontario – Molecule Holdings Inc. (C NSX :MLCL. CN ) (“ Molecule ” or the“ Company ”), a Canadian craft-focused cannabis beverage productioncompany, is pleased to announce that it has engaged Toronto-basedmarketing firm North Equities Corp. (“ North Equities ” or “ NE ”), whichspecializes in various social media platforms, to facilitate greaterinvestor engagement and widespread dissemination of the Company’snews.
In addition to press releases, the Company will beposting important information and updates through videos from theofficial Company YouTube Channel .
Pursuant to the terms of the agreement between theCompany and North Equities (the “Agreement”), the Company hasissued North Equities 500,000 common shares at a price of $0.14 pershare as payment of $70,000 invoiced to the Company. No furtherpayments are due for the duration of the Agreement's 6 month term. Thecommon shares issued to North Equities are subject to a hold periodexpiring on June 24, 2021.
Jason Coles, CEO at North Equites, expressed hisconfidence in North Equities ability to create value for Moleculestakeholders: “We are very excited to be able to enhance Moleculeexposure during this significant period in the Company’s life cycle.Through our marketing capabilities on social media platforms, weintend to widen the communication outreach while providing up to dateinformation about the Company to a bigger audience.”
ON BEHALF OF THE BOARD
MOLECULE HOLDINGS INC.
Per: “ PhilipWaddington ”
President, CEO and Director
For further information, pleasecontact:
André Audet, Chairman andCo-Founder
Phone: 1 (888) 665-2853 x101
Email: andre@molecule.ca
About North Equities:
The North Equities team has more than 100 team-years ofequity experience and has helped more than 200 companies acquire morethan 120k+ investors combined. With the perfect combination ofexpertise, tactics, and a track record in fundraising and marketing,North Equities has created the next evolution of investor engagementand marketing.
About Molecule Holdings Inc.
Molecule works with client-partners to engage in theproduction of cannabis-infused beverages and edibles. We provide theinfrastructure, know-how, technology, and licensing for craftproducers to create consumable cannabis products. Molecule’s goal isto be the on-ramp for companies wishing to enter into the cannabisbeverage and edibles market, but who choose not to go through thesignificant process of obtaining the required cannabislicences.
Neither the Canadian SecuritiesExchange nor its regulation services provider accepts responsibilityfor the adequacy or accuracy of this press release.
Forward-Looking Statements
Certain statements contained in thisnews release may constitute forward-looking information.
Forward-looking information isoften, but not always, identified by the use of words such as"anticipate", "plan", "estimate","expect", "may", "will","intend", "should", and similar expressions.Forward-looking information involves known and unknown risks,uncertainties and other factors that may cause actual results orevents to differ materially from those anticipated in suchforward-looking information. The Company's actual results could differmaterially from those anticipated in this forward-looking informationas a result of regulatory decisions, competitive factors in theindustries in which the Company operates, prevailing economicconditions, and other factors, many of which are beyond the control ofthe Company. In this news release, the Company is makingforward-looking statements with respect to the engagement of NorthEquities and the implications thereof. The Company believes that theexpectations reflected in the forward-looking information arereasonable, but no assurance can be given that these expectations willprove to be correct and such forward-looking information should not beunduly relied upon. Any forward-looking information contained in thisnews release represents the Company's expectations as of the datehereof and is subject to change after such date. The Company disclaimsany intention or obligation to update or revise any forward-lookinginformation whether as a result of new information, future events orotherwise, except as required by applicable securitieslegislation.
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