New Age Farm Announces Name Change
November 14 2018 - 12:01AM
New Age Farm Inc. (CSE:NF) (OTC:NWGFF) (FSE:ONF)
(“New Age Farm” or the “Company”) is pleased to announce that,
pursuant to a director’s resolution, the Company has changed its
name to New Age Brands Inc. The Company will not be changing its
trading symbol in connection with the name change. The CSE will
publish a bulletin announcing the effective date of the change in
the Company’s name and the Company anticipates that the shares will
begin trading under the new name on or about Friday, November 16,
2018. The CUSIP number assigned to the Company’s shares
following the name change is 64158L109 (ISIN: CA64158L1094). No
action is required to be taken by shareholders with respect to the
name change. Outstanding share certificates are not affected by the
name change and do not need to be exchanged.
“As our Company now incorporates a number of
different brands focused on the burgeoning CBD business and real
estate assets that are much more solid and add additional cash
flow, management felt that it needed to change the name of the
Company to better reflect our vision moving forward”, said Josh
Bartch, CEO of the Company. “Management has been working diligently
on the Company as a whole to increase shareholder value and wishes
to thank our loyal shareholders for their continued support. Please
stay tuned as a there a number of exciting announcements coming in
the near future!”
About New Age Farm
New Age Farm is an agricultural services company
offering unique turnkey growing infrastructure and services for
licensed growers and processors of luxury marijuana crops at its
agri-campuses in Washington State. In November 2012, the Washington
State Liquor and Cannabis Board (“WSLCB”) passed Initiative 502
(“I-502”). I-502 authorized the WSLCB to regulate and tax
recreational marijuana products for persons over twenty-one years
of age and thereby created a new industry for the growing,
processing and selling of Washington State-regulated recreational
marijuana products. New Age Farm provides innovative solutions for
growers and processors in this burgeoning industry.
About We Are Kured, LLC
Kured is a wholly owned subsidiary of New Age
Farm, acquired in December 2017. Kured is building an innovative
online CBD and lifestyle company. Kured has partnered with best in
class hemp cultivators, edible manufacturers, cutting edge product
formulators to develop, market and distribute multiple lines of CBD
products including, but not limited to, CBD vaporizer pens,
topicals, gel capsules and more. All of Kured’s products are 100%
THC free and will be available for purchase internationally. THC,
or tetrahydrocannabinol, is the primary active ingredient in
cannabis.
For further information about New Age Farm,
please consult the Company’s profile on SEDAR at www.sedar.com or
visit the Company’s website at www.NABrandsInc.com. For further
information about We Are Kured, please visit their website at
www.wearekured.com.
On Behalf of
the Board of Directors |
For Further
Information Contact |
|
|
Joshua Bartch |
Corporate
Communications |
Chief Executive
Officer |
corpcom@newagefarminc.com |
info@newagefarminc.com |
888-871-3936 |
|
|
We Are Kured
Contact: |
|
|
|
Ben Martch |
|
Founder & CEO |
|
www.wearekured.com |
|
The Canadian Securities Exchange has
neither approved nor disapproved the contents of this
news release and accepts no responsibility
for the adequacy or accuracy hereof.
This news release contains forward-looking
statements, which relate to future events or future performance and
reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and
are based on assumptions made by and information currently
available to the Company. Readers are cautioned that these forward
looking statements are neither promises nor guarantees, and are
subject to risks and uncertainties that may cause future results to
differ materially from those expected including, but not limited to
completion of planned improvements at both the Canadian and US
sites on schedule and on budget, the availability of financing
needed to complete the Company’s planned improvements on
commercially reasonable terms, planned occupancy by the
tenant-growers, commencement of operations, differences in yield on
expected harvests, delays in obtaining statutory approval for
marijuana production plans, issues that may arise throughout the
grow period, outdoor crops affected by weather, the ability to
mitigate the risk of loss through appropriate insurance policies,
and the risks presented by federal statutes that may contradict
local and state legislation respecting legalized marijuana. These
forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to
reflect new events or circumstances save as required under
applicable securities legislation. This news release does not
constitute an offer to sell securities and the Company is not
soliciting an offer to buy securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such
jurisdiction.
This news release does not constitute an offer
of securities for sale in the United States. These securities have
not and will not be registered under United States Securities Act
of 1933, as amended, or any state securities laws and may not be
offered or sold in the United States or to a U.S. Person unless so
registered, or an exemption from registration is relied upon.
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