Pasha Brands Announces Name Change
May 14 2020 - 6:00AM
Pasha Brands Ltd. (the “
Company” or
“
Pasha”) (
CSE: CRFT)
(
OTC:CRFTF) (
FSE:ZZD1) announces
that pursuant to a directors’ resolution, it will change its name
to BC Craft Supply Co. Ltd. There will be no change to the symbol,
the Company’s common shares will continue to trade under the ticker
“CRFT” on the Canadian Securities Exchange (the
“
CSE”). The CSE will publish a bulletin announcing
the effective date of the change in Pasha’s name and it is
anticipated that the common shares will begin trading under the new
name on or about Tuesday, May 19, 2020. The CUSIP number assigned
to Pasha’s shares following the name change is 07335D102 (ISIN:
CA07335D1024). No action is required to be taken by shareholders
with respect to the name change. Outstanding share and warrant
certificates are not affected by the name change and do not need to
be exchanged.
For further information please contact Matthew
Watters, Director, at (604) 687-2038.
About Pasha Brands
Based in British Columbia, Pasha is both North
America’s largest network and aggregator of craft cannabis and
Canada’s only prohibition-era brand house firmly rooted in the
culture and made up by the people that created the original
cannabis industry. With proven capabilities in cannabis
cultivation, genetic research and development, product processing,
and retail, Pasha is uniquely positioned in the new legal cannabis
market through its network of hundreds of craft cannabis suppliers
under the Pasha umbrella.
Pasha subsidiary, Medcann Health Products Ltd.,
is a Health Canada licensed cultivator and processor with a licence
to sell medical cannabis products in Canada. Pasha, and its
subsidiary BC Craft Supply Co. Ltd, assists micro cultivation
farmers in bringing craft quality into the newly legal cannabis
market in Canada by assisting them in both gaining access to
licensing but also through its proprietary quality assurance and
testing platform known as Craft Labs™, a proprietary platform
bringing quality assurance to the craft industry, BC Craft Supply
is driven to assist craft growers in obtaining security clearance
and licensing to grow as micro-cultivators, specializing in
education and compliance to bring growers into the regulated
cannabis supply market.
Pasha's common shares trade on the CSE under the
symbol "CRFT" and on the FSE under the symbol "ZZD1".
For more information, please visit
www.pashabrands.com
Neither the Canadian Securities Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this press release,
which has been prepared by management.
This news release includes certain
“forward-looking statements” under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking statements. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. Pasha disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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