CHAMPIGNON BRANDS GRANTS STOCK OPTIONS

Vancouver, British Columbia / March 2, 2020 – Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) announces that it has granted a total of 3,900,000 stock options to its directors, officers, consultants and advisors. The stock options have a two-year term and are exercisable at $0.22 per share.

About Champignon Brands Inc.

Champignon Brands Inc. is a Canadian based company dedicated to the distribution of artisanal medicinal mushrooms infused products. The Champignon team is mandated with enhancing the health and wellness of millions of potential consumers through the distribution of a premium, mushroom-infused product suite. Champignon continues to be inspired by sustainability, as all of its eligible SKUs are organic, non-GMO and vegan certified.

ON BEHALF OF THE BOARD OF DIRECTORS

Gareth Birdsall
CEO & Director
T: +1 (778) 809-6664

For Champignon Brands French inquiries:

Remy Scalabrini, Maricom Inc.
E: rs@maricom.ca
T: +1 (888) 585-MARI

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the business plans for Champignon Brands described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which are available at www.sedar.com.

February 28, 2020August 19, 2021

CHAMPIGNON BRANDS COMPLETES INITIAL PUBLIC OFFERING

Vancouver, British Columbia / February 28, 2020 – Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) is pleased to announce that, it successfully completed its initial public offering (the “IPO”) of 18,916,667 common shares (the “Shares”) of Champignon at a price of $0.15 per Share for total gross proceeds of $2,837,500.05 (the “Proceeds”).

Pursuant to the agency agreement dated February 5, 2020, PI Financial Corp. acted as agent (the “Agent”) for the IPO. Champignon paid to the Agent a cash commission equal to 8% of the Proceeds and granted the Agent and its sub agents non-transferable warrants entitling the Agent and its sub agents to purchase a total of 1,513,333 Common Shares at a price of $0.30 per Common Share until February 28. 2022. In connection with the IPO, the Agent also received a corporate finance fee.

Champignon’s common shares were listed on the Canadian Securities Exchange (“CSE”) effective February 27, 2020 and halted pending completion of the IPO. Champignon anticipates that its common shares will resume trading on the CSE on Monday March 2, 2020 under the symbol “SHRM”.

About Champignon Brands Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

Gareth Birdsall
CEO & Director
T: +1 (778) 809-6664

For Champignon Brands French inquiries:

Remy Scalabrini, Maricom Inc.
E: rs@maricom.ca
T: +1 (888) 585-MARI

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement

February 28, 2020March 10, 2022

Mind Medicine (MindMed) Inc. Completes Reverse Takeover Transaction

NEWS PROVIDED BY
Mind Medicine (MindMed) Inc.

Feb 28, 2020, 13:41 ET

TORONTO, Feb. 28, 2020 /CNW/ — Mind Medicine (MindMed) Inc. (the “Company” or “MindMed“) (formerly Broadway Gold Mining Ltd. (“Broadway“)) is pleased to announce the completion of its previously announced reverse takeover transaction (the “Transaction“) by the shareholders of Mind Medicine, Inc. (“MindMed PrivateCo“) by way of plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement“) pursuant to the terms of an arrangement agreement entered into on October 15, 2019, as amended (the “Arrangement Agreement“) between the Company, Madison Metals Inc. (“SpinCo“), Broadway Delaware Subco Inc. (“Delaware Subco“) and MindMed PrivateCo.

The Arrangement

Name Change, Consolidation and Change in Share Classes

Immediately prior to the closing of the Transaction and in connection with the Arrangement, Broadway: (a) consolidated its common shares on an eight-for-one basis (the “Consolidation“), (b) changed its name to “Mind Medicine (MindMed) Inc.” (the “Name Change“), (c) reclassified its post-Consolidation common shares as subordinate voting shares (the “Subordinate Voting Shares“) and (d) created a new class of multiple voting shares (the “Multiple Voting Shares“) ((c) and (d) together, the “Share Capital Amendment“). The Company’s registered shareholders are entitled to receive replacement share certificates evidencing the Consolidation, Name Change and Share Capital Amendment (the “Replacement Shares“).

Merger of Mind Medicine Inc. and Delaware Subco

Further to the terms of the Arrangement, Delaware Subco merged with MindMed PrivateCo under the corporate laws of Delaware. All outstanding Class B common shares (“Class B Shares“), Class C common shares (“Class C Shares“) and Class D common shares (“Class D Shares“) of MindMed PrivateCo were exchanged for Class A common shares of MindMed PrivateCo (“Class A Shares“), immediately following which all Class A Shares were exchanged, on a one-for-one basis (the “Exchange Ratio“), for Multiple Voting Shares or Subordinate Voting Shares of the Company (“Resulting Issuer Shares“) on a Consolidated (as defined below) basis. Such Class A Shares were then cancelled pursuant to the Arrangement, and MindMed PrivateCo issued 1,000 shares of Common Stock to the Company as consideration for issuing the Resulting Issuer Shares to the (former) MindMed PrivateCo shareholders. On closing, Savant Addiction Medicine, LLC, received Multiple Voting Shares for each share of MindMed PrivateCo that it held immediately prior to completion of the Transaction, and is currently the only holder of Multiple Voting Shares. All other former MindMed PrivateCo shareholders received Subordinate Voting Shares. Additionally, all convertible securities of MindMed PrivateCo were exchanged for convertible securities of the Company on the basis of the Exchange Ratio.

As part of the Arrangement, the Spin-Out Transaction (further described below) was also completed.

Concurrent Financings

MindMed PrivateCo also completed its previously announced brokered private placement financing, in multiple tranches, of Class D Shares at a price of CAD$0.33 per share (the “Brokered Private Placement“) for aggregate gross proceeds of CAD$3,812,416, as well as a concurrent non-brokered private placement financing of Class D Shares at a price of CAD$0.33 per share (the “Non-Brokered Private Placement” and, together with the Brokered Private Placement, the “MindMed PrivateCo Private Placements“) for aggregate gross proceeds of CAD$28,232,252. The aggregate gross proceeds of the MindMed PrivateCo Private Placements was CAD$32,044,668.

In connection with the Brokered Private Placement, Canaccord Genuity Corp. (“Canaccord“) received an aggregate cash fee of CAD$266,869 and was issued an aggregate of 808,695 broker warrants (the “Broker Warrants“). Each Broker Warrant is exercisable to acquire one Class D Share at a price of CAD$0.33 expiring 12 months from the date on which the Resulting Issuer Shares are listed on a Canadian exchange (see Neo Listing Approval below). Additionally, MindMed PrivateCo also paid a cash advisory fee of CAD$432,053 and issued 5,148,659 advisory warrants (the “Advisory Warrants“) to Canaccord, and paid a cash advisory fee of US$300,000 and issued 840,000 Advisory Warrants to Eight Capital (in relation to a non-Canadian investor), in conjunction with the Non-Brokered Private Placement. Each Advisory Warrant is exercisable on the same terms and conditions as the Broker Warrants.

Upon completion of the Transaction, the Broker Warrants and Advisory Warrants were automatically exchanged for compensation warrants of the Company (“Resulting Issuer Compensation Warrants“).

The net proceeds of the Brokered Private Placement are expected to be used by the Company for further non-clinical and clinical development of 18-MC in addiction with an initial focus on the opioid crisis, MindMed’s LSD micro-dosing program, expanding its platform of psychedelic inspired medicines and general operations.

Consolidated Capitalization

After giving effect to the Transaction there are: (i) 255,431,252 Resulting Issuer Shares issued and outstanding (on a non-diluted basis, which number assumes for the purposes of calculation that the 550,000 Multiple Voting Shares held by Savant Addiction Medicine are treated as subordinate voting shares); (ii) 387,563 Resulting Issuer Warrants outstanding; (iii) 381,250 options to purchase Resulting Issuer Shares outstanding; and (iv) 5,957,354 Resulting Issuer Compensation Warrants outstanding.

Escrowed Securities

In connection with the closing of the Transaction, an aggregate of 90,720,000 Resulting Issuer Shares held by “principals” of the Company (which number assumes for the purposes of calculation that the 550,000 Multiple Voting Shares held by Savant Addiction Medicine, LLC are treated as subordinate voting shares) were placed into escrow pursuant to escrow agreements whereby, subject to any applicable lock-up agreement described below, 25% of such escrowed shares will be released on the date of listing the Resulting Issuer Shares on the Neo Exchange (anticipated to be on or about March 3, 2020; the “Listing Date“), and an additional 25% will be released on each of September 3, 2020, March 3, 2021 and September 3, 2021. An additional 4,200,000 Resulting Issuer Shares are subject to an escrow, evidenced by legended stock, with the same release provisions as the escrow agreements described above.

In connection with the Brokered Private Placement, 28 shareholders of MindMed PrivateCo also entered into voluntary lock-up agreements with Canaccord and Canaccord Genuity LLC pursuant to which (i) securityholders of 5.0% or more of shares of MindMed PrivateCo and MindMed PrivateCo’s Class B Shares agreed to voluntarily lock-up their Resulting Issuer Shares for a period of six months from the Listing Date, and (ii) Savant Addiction Medicine, LLC agreed to voluntarily lock-up its Resulting Issuer Shares, including Multiple Voting Shares, for a period of twenty-four (24) months from the Listing Date, of which 10% of the locked-up Resulting Issuer Shares are to be released six months from the Listing Date, another 10% of the locked-up Resulting Issuer Shares are to be released twelve (12) months from the Listing Date, a further 10% of the locked-up Resulting Issuer Shares are to be released eighteen (18) months from the Listing Date, and the remaining 70% of the locked-up Resulting Issuer Shares are to be released twenty-four (24) months from the Listing Date.

Directors and Officers of MindMed

In connection with the Transaction, the following individuals were appointed to serve as members of the board of directors of the Company: Stephen Hurst, Jamon Alexander (JR) Rahn, Bruce Linton, Perry Dellelce, Brigid Makes and Stanley Glick. As well, the newly constituted board of the directors appointed Miri Halperin Wernli as a director, subject to her acceptance as a director by the Neo Exchange. Each of the directors has extensive public company and industry specific experience. Stephen Hurst will serve as Executive Chair, Co-Chief Executive Officer and Secretary, Jamon Alexander (JR) Rahn will serve as Co-Chief Executive Officer, Paul Van Damme will serve as Chief Financial Officer, Scott Freeman will serve as President and Chief Medical Officer, Carol Nast will serve as Chief Operating Officer (subject to the acceptance of her appointment by the Neo Exchange) and Donald Gehlert will serve as Chief Scientific Officer.

Stephen Hurst, Executive Chair, Co-Chief Executive Officer and Secretary

Steve has more than thirty-five years’ experience in the biopharmaceutical industry and is an advisor to non-profits furthering the research of psychedelics. Prior to co-founding MindMed PrivateCo, he was co-founder and CEO of Savant HWP, Inc. (2009-2019) a biopharmaceutical company that developed new medicines for particularly challenging diseases including drug addiction and neglected infectious diseases. He served as Senior Vice President of Operations and General Counsel at Inhale Therapeutic Systems, Inc., (now Nektar Therapeutics, Inc.) (1994-2002), helping to raise more than $700 million in investment capital and out-license multiple clinical development projects, generating revenues in excess of $100 million annually. He has also served as a consultant to The World Bank and BIO Ventures for Global Health (2005-2009), advancing the PneumoAMC program which has vaccinated approximately 100 million children in the developing world. Steve is a graduate of Golden Gate University School of Law and the University of California, Berkeley.

Jamon Alexander (JR) Rahn, Co-Chief Executive Officer and Director

JR is a former Silicon Valley tech executive who realized that transformational solutions to mental illness and addiction might lie in developing psychedelic medicines through FDA clinical trials. He spent 2+ years researching the space and began personally investing in psychedelic research. JR partnered with drug development veteran Stephen Hurst to start MindMed in 2019, assembling a leading clinical drug discovery and development team with vast experience conducting clinical trials and research on drug candidates derived from psychedelics. Before starting MindMed, JR worked in market expansion and operations at Uber. After leaving Uber, he was backed by the Silicon Valley tech accelerator Y Combinator for his company Upgraded. Upgraded is partnered with Apple to provide device financing for Apple customers in Europe.

Bruce Linton, Director

Bruce has a passion for entrepreneurship and making a positive difference in the world. He brings a wealth of experience in building strong technology driven companies, developing world-class teams and positioning his companies to deliver exceptional customer value and service. In his newly appointed role as an Active Advisor, Bruce will serve as Executive Chairman with GAGE Cannabis Co., following completion of the acquisition of Innovations. GAGE is innovating and curating the highest quality cannabis experiences possible for patients in the state of Michigan and bringing internationally renowned brands to market. He is Special Advisor with Better Choice Company, which is an animal health and wellness cannabinoid company that acquired TruPet LLC, an online seller of ultra-premium, all-natural pet food, treats and supplements, with a special focus on freeze dried and dehydrated raw products. Bruce is also an Activist Investor with SLANG Worldwide Inc., a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 12 U.S. states as well as with OG DNA Genetics Inc. OG DNA Genetics Inc. has built and curated a seasoned genetic library and developed proven standard operating procedures for genetic selection, breeding, and cultivation. He is the Founder and Former Chairman and CEO of Canopy Growth Corporation (CGC/WEED), Co-Chairman and past CEO of Martello Technologies, and co‐founder of Ruckify & Better Software. Bruce chairs the Company’s Compensation, Governance and Nomination Committee and serves on the Audit Committee.

Perry Dellelce, Director

Perry is a founder and the managing partner of Wildeboer Dellelce LLP, one of Canada’s leading corporate finance and transactional law firms. Perry practices in the areas of securities, corporate finance and mergers and acquisitions. Perry serves on the boards of many of Canada’s leading businesses. Perry is chair of the Neo Exchange, Canada’s newest stock exchange. He is also a member of the board of Mount Logan Capital Inc. and Lendified Inc. He has received many awards and recognitions for his public service. Perry has been bestowed with an honorary Doctorate of Laws from Laurentian University. In addition, the University of Notre Dame honoured Perry with the Distinguished Alumni Award from the Mendoza College of Business. He has also been recognized by the Western University with the Purple and White Award for long-standing dedication to the University and by the University of Ottawa by being admitted to the Common Law Honour Society recognizing the Law School’s most accomplished graduates. Perry is the past chair and a current member of the board of directors of the Sunnybrook Foundation and the current chair of the Canadian Olympic Foundation. Recently, Perry was awarded the Paul Harris Award by the Rotary Club of Sudbury, the Rotary Club’s highest recognition for community service. Perry serves on the Company’s Compensation, Governance and Nomination Committee and Audit Committee.

Brigid Makes, Director

Ms Makes has served as an independent consultant for primarily private medical device companies since July 2017. Prior to that, Ms Makes served as Senior Vice President and Chief Financial Officer of Miramar Labs, a global medical device company dedicated to bringing innovative and clinically proven applications to treat unmet needs in the aesthetic marketplace, which was acquired by Sientra in July 2017. From 2006 to 2011 Ms Makes served in the same roles for AGA Medical, a medical device company specializing in the treatment of cardiovascular defects, which was acquired by St. Jude Medical, another medical device company, in November 2010. Prior to AGA Medical, from 1999 to 2006, Ms Makes served in a variety of executive positions, including as Chief Financial Officer, for Nektar Therapeutics (formerly Inhale Therapeutics), a biopharmaceutical company. Ms Makes also served as Chief Financial Officer for Oravax, a biopharmaceutical company, from 1998 to 1999 and for Haemonetics Corp, a company specializing in the management of blood supplies, from 1995 to 1998. Ms Makes holds a Bachelor’s degree in Finance and International Business from McGill University and an M.B.A. from Bentley University. Brigid chairs the Company’s Audit Committee and serves on the Compensation, Governance and Nomination Committee.

Stanley Glick, Director

Stan is the co-inventor of 18-MC. His major research interest focuses on the neurobiology of drug addiction. His research has been funded by the NIDA since 1972. Stan is the Director Emeritus of the Center for Neuro-pharmacology and Neuroscience (CNN), Albany Medical College, Albany, NY and was Director of the CNN 2000 until his retirement in 2014. Previously, he was Chair of the Department of Pharmacology and Neuroscience (1995-2000) and Chair of the Department of Pharmacology and Toxicology (1984-1995). Prior to joining Albany Medical College, Dr. Glick was a professor of pharmacology at Mount Sinai School of Medicine (1971-1984). He also functioned as Vice-Chairman (1975-1984) and was Associate Director of the Medical Scientist (MD-PhD) Training Program (1980-1984). Stan has authored and co-authored over 450 experimental papers, reviews, and abstracts. He has served as Editor of a scientific journal and of a professional newsletter, in addition to serving on editorial boards and National Institute of Health (NIH) advisory committees.

Dr. Miri Halperin Wernli, Director (subject to acceptance by the Neo Exchange)

Dr. Halperin Wernli is a senior pharmaceutical and biomedical executive with over 30 years of strategic and operational leadership in the biopharmaceutical industry and a deep understanding of drug and product development in heavy regulated environments. Dr. Halperin Wernli co-founded Creso Pharma, a cannabis company, and listed the company on the Australian Stock Exchange in October 2016. Creso’s products are currently commercialized in Europe, Oceania, South Africa and soon in Latin America. Prior to founding Creso Pharma Dr. Halperin Wernli has held worldwide senior leadership positions in product development, R&D and Strategic Marketing throughout Switzerland and in the US (Merck, Sharp and Dohme, Roche and Actelion pharmaceuticals). Her extensive pharmaceutical industry and biomed research and development experience covers the full spectrum of areas and activities from Preclinical to Clinical Development and Strategy, to Drug Registration and Launch, across several Therapeutic Areas. Dr. Halperin Wernli is an experienced Pharmaceutical leader with skills and broad expertise in Drug Development, Regulatory Affairs, Project & Portfolio Management, Development Finance & Controlling, and Corporate Strategy and Governance.

Paul Van Damme, Chief Financial Officer

Paul earned his CPA at PricewaterhouseCoopers, working in the London and Toronto offices. He has served in senior financial roles for several public companies in both the United States and Canada. While at Laidlaw Inc. he helped implement its expansion into Europe. After serving as Chief Financial Officer of TeleZone, a start-up wireless telecommunications company, he became CFO of a private biotech firm and helped raise venture financing to expand its product portfolio. Mr. Van Damme later joined Allelix Biopharmaceuticals and participated in the merger of the company with NPS Pharmaceuticals of Salt Lake City. He was also CFO of Lorus Therapeutics, Vasogen and Bradmer Pharmaceuticals. From 2012 to 2019 he held the CFO position at Structural Genomics Consortium, a British public/private partnership. He currently serves as a Director and Chair of the Audit Committee of XORTX Therapeutics and OncoQuest, a subsidiary of Quest PharmaTech. Paul holds an MBA from the Rotman School of Management.

Scott Freeman, President and Chief Medical Officer

Prior to MindMed, Scott was the Chief Medical Officer at Savant HWP, Inc. Scott served as Vice President of Clinical Development at Onyx Pharmaceutical (2001-2006) and was head of both clinical development and operations, which executed the clinical trials for renal cell, melanoma, liver, lung, and colorectal cancer. He successfully performed the Phase 1, 2, and 3 studies, which lead to NDA approval of Nexavar. As Clinical Project Director at Schering-Plough Research Institute (1998-2001), his clinical projects included an anti-estrogen program, a breast cancer treatment, and a P53 gene therapy program trial. Dr. Freeman was a physician-scientist prior to joining the pharmaceutical industry. He did both basic and clinical research at the National Institutes of Health (1986-1991) and was an Associate Investigator on the first human gene therapy trial in the late 1980’s. He then became an Associate Professor at Tulane University (1992-1998) where he continued his basic and clinical research in gene therapy and also served as the Medical Director for the Blood Center. His regulatory experience with the FDA and other world-wide health authorities spans over 30 years, across multiple therapeutic areas and in both the academic and pharmaceutical industry settings. Scott earned his BA from the University of Colorado in 1978 and received his MD from the University of Nevada in 1983.

Carol Nast, Chief Operating Officer (subject to acceptance by the Neo Exchange)

Carol has spent her career in executive level positions with large multinational companies and early stage companies in the medical industry. She is a recognized expert in product development and commercialization and has extensive experience in the management of complex, multinational partner programs and has led successfully the development and commercialization of over 100 products. Carol was COO at NuGen, a genomics company, and served in executive level positions at Inhale Therapeutics (Nektar), Syva (a division of Syntex Pharmaceuticals,) BioRad and Pfizer. Her passion is the successful launch and adoption of breakthrough products in emerging markets that have significant impact by solving a vexing challenge.

Donald R. Gehlert, Ph.D., Chief Scientific Officer

Don Gehlert is a distinguished scientist with over 30 years of experience in the discovery, development and commercialization of compounds for the treatment of psychiatric and endocrine disorders. During his career at Eli Lilly and Company, he played a critical role in contributing 20 compounds to the development pipeline including Strattera®, the first non-stimulant for the treatment of Attention Deficit Hyperactivity Disorder (ADHD). In addition to his scientific contributions, Dr. Gehlert was instrumental in evaluating in-licensing opportunities and partnerships with external companies. Since retiring from Lilly, Don has worked with numerous early stage Biopharma and Venture Capital companies including Cerecor, Epiodyne, Spruce, NHTherapeutics, Anagin, EcoR1 Capital and others. Don contributed over 180 publications to the scientific literature and was an inventor on 15 U.S. patents. Dr. Gehlert holds a B.S. in Pharmacy from Purdue University, a Ph.D. in Pharmacology from the University of Utah and was a Pharmacology Research Associate Trainee (PRAT) Fellow at the National Institutes of Health.

Neo Exchange Approval

Trading in the Broadway Shares was previously halted on July 5, 2019 at the request of Broadway in connection with the announcement of the Transaction. The Company’s Shares were voluntarily de-listed from the TSX Venture Exchange (the “TSXV“) on February 27, 2020, were listed in a halted state on the Neo Exchange on the same date and, subject to the following, are expected to be listed for trading on the Neo Exchange on Tuesday, March 3, 2020.

The Transaction remains subject to final approval by the Neo Exchange and fulfillment of all of the requirements of the Neo Exchange in order to obtain such approval including, among other things, submission and acceptance of all documents requested by the Neo Exchange in its conditional acceptance letter and payment of all outstanding fees to the Neo Exchange. Until final approval of the Neo Exchange is obtained and a Final Exchange Bulletin is issued, the Resulting Issuer Shares will not be listed on the Neo Exchange; however, it is expected that all submissions and acceptances will be completed by, and the Resulting Issuer Shares will be listed on, Tuesday, March 3, 2020. Upon listing on the Neo Exchange, the Resulting Issuer Shares will trade under the symbol “MMED”.

Early Warning

Upon completion of the Transaction, Savant Addiction Medicine, LLC owns 550,000 Multiple Voting Shares (the “Acquired Shares“) and no convertible securities; each Multiple Voting Share carries 100 votes per share, representing 21.53% of the votes attached to the issued and outstanding Resulting Issuer Shares as of the date hereof, on both a non-diluted and partially diluted basis. Prior to the Transaction, Savant Addiction Medicine, LLC did not hold any securities of Broadway. The shares acquired by Savant Addiction Medicine, LLC are presently being held only for investment purposes. Savant Addiction Medicine, LLC may from time to time in the future increase or decrease its ownership, control or direction over securities of the Company, through market transactions, private agreements or otherwise.

Savant Addiction Medicine, LLC will file an early warning report (the “Early Warning Report“) pursuant to applicable securities laws in connection with the completion of the Transaction. A copy of the Early Warning Report to which this press release relates will be available under MindMed’s profile on SEDAR at www.sedar.com.

The Acquired Shares were acquired pursuant to the Arrangement in reliance on the exemption set out in section 2.11 of National Instrument 45-106.

The Company’s head office is located at365 Bay Street, Suite 800, Toronto, Ontario M5H 2V1.

Savant Addiction Medicine, LLC is incorporated pursuant to the laws of the State of Delaware, U.S.A. Its head office is located at 1325 Airmotive Way, Suite 175A, Reno, Nevada 89502. Its principal business is to acquire and hold for the long-term shares of companies.

For further information, or to obtain a copy of the Early Warning Report filed under securities legislation, please contact Stephen Hurst, Managing Member at 650-208-2454.

Marketing, Investor Relations and Trading Services Contracts

MindMed has also, effective on closing the Transaction, entered into three arrangements intended to assist it with marketing, investor relations and trading services, as follows:

A one-year master services agreement with Native Ads, Inc., which will provide the Company with strategic digital media services, marketing and data analytics services. These can include sponsored article and other advertising development, ad campaign analytics and media buying and distribution services.
A one-year marketing agreement with Hybrid Financial Ltd., which will provide marketing services to the Company focused on investor outreach and information campaigns, primarily through email and telephone contacts.
A 6-month, non-exclusive issuer trading services agreement with Generation IACP Inc., pursuant to which Generation IACP will undertake to trade the Company’s shares with the objective of contributing to market liquidity.

All the agreements are renewable at the Company’s option.

The Madison Project

Pursuant to the Arrangement Agreement, all of Broadway’s right, title and interest, and all associated liabilities, in the Broadway and Madison mine, which comprises 450 acres of land, a 192 acre ranch, buildings, mine equipment and fixtures, 6 patented, 35 unpatented mineral claims, and mineral rights to a four-square-mile property, in the Butte-Anaconda region of Montana (the “Madison Project“) were transferred to SpinCo (the “Spin-Out Transaction“).

The Spin-Out Transaction consisted of the transfer of all of the shares of Broadway Montana and any related assets and liabilities in connection with the Madison Project to SpinCo (the “Transferred Assets“). SpinCo assumed all liabilities associated with Broadway’s mineral exploration and development business as conducted prior to the completion of the Arrangement. SpinCo issued 49,860,204 common shares to Broadway as consideration for the Transferred Assets (the “SpinCo Consideration Shares“).

Broadway shareholders received one SpinCo Consideration Share for every common share of Broadway on a pre-Consolidation basis held by such shareholder. As a result, each Broadway shareholder holds shares of SpinCo as well as their post-Consolidation shares of the Company. The SpinCo Consideration Shares will not be listed or posted for trading on any stock exchange, therefore there will be reduced liquidity for SpinCo shares.

Arrangement Agreement

A copy of the Arrangement Agreement is available on the Company’s SEDAR profile at www.sedar.com. A summary of material changes resulting from the Transaction are provided herein. For further information, readers are referred to the management information circular of Broadway dated December 29, 2019 (the “Information Circular“) and filed under the Company’s SEDAR profile at www.sedar.com.

About Mind Medicine (MindMed) Inc.

Mind Medicine (MindMed) Inc. is a neuro-pharmaceutical company that discovers, develops and deploys psychedelic inspired medicines to improve health, promote wellness and alleviate suffering. The company’s immediate priority is to address the opioid crisis by developing a non-hallucinogenic version of the psychedelic ibogaine. The MindMed executive team brings extensive biopharmaceutical industry experience to this ground-breaking approach to the development of next-generation psychedelic medicines.

The head office of MindMed is located at 365 Bay Street, Suite 800, Toronto, Ontario M5H 2V1.

Additional information on Mind Medicine (MindMed) Inc. can be found by reviewing its profile on SEDAR at www.sedar.com.

Cautionary Statements and Disclaimer

This news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to anticipated business plans or strategies of MindMed and the listing of the Resulting Issuer Shares on the Neo Exchange. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MindMed to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption “Risk Factors” in the Information Circular dated as of December 29, 2019 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and MindMed disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Neither the Neo Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Neo Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For Further Information, Contact:
Investor Relations
ir@mindmed.co

For Media Inquiries, Contact:
Pace Public Relations
mindmedpr@pacepublicrelations.com
+1-212-254-4730

SOURCE Mind Medicine (MindMed) Inc.

February 26, 2020August 19, 2021

VENCLEXTA® with Rituximab, a Treatment for Patients With Chronic Lymphocytic Leukemia (CLL), now reimbursed in British Columbia

British Columbia is the second province to reimburse the combination
VENCLEXTA® + rituximab is a regimen that includes a targeted oral agent that should be continued for two years after initial five weeks ramp-up

Montreal (Quebec), February 26, 2020 –AbbVie (NYSE: ABBV), a global research and development-based biopharmaceutical company, today announced that VENCLEXTA® in combination with rituximab, a treatment for patients with Chronic Lymphocytic Leukemia (CLL) who have received at least one prior therapy, is now listed in British Columbia. VENCLEXTA in combination with rituximab is an effective treatment option that has the benefit of a finite treatment approach, meaning patients stop their therapy after two years of treatment.

“CLL is a chronic cancer, meaning that patients may eventually relapse. This is why it is important to have access to new innovative therapies and combinations. With VENCLEXTA in combination with rituximab, I am able to prescribe to my patients living with CLL an effective treatment with a clearly defined end-date, which is positive news for patients,” explains Dr. Alina Gerrie, MD MPH FRCPC, Assistant Professor, Hematology and Medical Oncology, University of British Columbia, Lymphoma Tumour Group, BC Cancer.

British Columbia Cancer in coordination with their Lymphoma Tumour Group has listed VENCLEXTA in combination with rituximab on formulary for the treatment of relapsed or refractory chronic lymphocytic leukemia in patients who have received at least one prior line of therapy.ⁱ

“The listing of VENCLEXTA plus rituximab in British Columbia is positive news for the people living with CLL,” says Elizabeth Lye, Director of Research & Programs, Lymphoma Canada. “Receiving a diagnosis of CLL or any cancer is always shocking and overwhelming, therefore knowing that there are effective treatments available provides reassurance to people facing this uncertain journey.”

Furthermore, VENCLEXTA in combination with rituximab is listed as a Limited Use (LU) product on the Non-Insured Health Benefits (NIHB).ⁱⁱ

CLL, which is typically a slow-progressing cancer of the bone marrow and bloodⁱⁱⁱ, is one of the most common types of leukemia in adults. In Canada, CLL accounts for approximately 1,745 newly diagnosed cases of leukemia each year and is responsible for more than 600 deaths a year.^iv

VENCLEXTA continues to be investigated in CLL and other hematological diseases. VENCLEXTA is being developed by AbbVie and Roche. It is jointly commercialized by AbbVie and Genentech, a member of the Roche Group, in the U.S. and by AbbVie outside of the U.S.

Canadians prescribed VENCLEXTA can be enrolled in AbbVie Care, AbbVie’s signature care program. The

program is designed to provide a wide range of customized services including reimbursement and financial support, pharmacy services, lab work reminders and coordination, personalized education and ongoing disease management support throughout the treatment. For more information, please visit www.abbviecare.ca.

About AbbVie

AbbVie is a global, research and development-driven biopharmaceutical company committed to developing innovative advanced therapies for some of the world’s most complex and critical conditions. The company’s mission is to use its expertise, dedicated people and unique approach to innovation to markedly improve treatments across four primary therapeutic areas: immunology, oncology, virology and neuroscience. In more than 75 countries, AbbVie employees are working every day to advance health solutions for people around the world. For more information about AbbVie, please visit us at www.abbvie.ca and www.abbvie.com. Follow @abbvieCanada and @abbvie on Twitter or view careers on our Facebook or LinkedIn page.

-30-

Media Inquiries: Muriel Haraoui 514-717-3764

muriel.haraoui@abbvie.com

ⁱ BC Cancer. http://www.bccancer.bc.ca/chemotherapy-protocols-site/Documents/Lymphoma- Myeloma/ULYVENETOR_Protocol.pdf. Accessed February 2020.

ⁱⁱ Non-Insured Health Benefits: Drug Benefit List. https://www.sac- isc.gc.ca/eng/1572888328565/1572888420703#s4d. Accessed February 2020.

ⁱⁱⁱ Lymphoma Canada. Chronic lymphocytic leukemia. www.lymphoma.ca/lymphoma/lymphoma-101/types- lymphoma/cll. Accessed February 2020.

^v VENCLEXTA product monograph, AbbVie Corporation. Date of Preparation: September 27, 2016. Date of Revision:

January 13, 2020. www.abbvie.ca/content/dam/abbviecorp/ca/en/docs/VENCLEXTA_PM_EN.pdf. Accessed

February 2020.

February 25, 2020August 20, 2021

Hollister Biosciences Inc. Signs Letter of Intent to Acquire Venom Extracts With $16.4 Million In Revenue And $2.48 Million EBITDA

Vancouver, BC, February 25, 2020 – Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB, OTC: HSTRF) (the “Company” or “Hollister”) – a vertically integrated cannabis branding company with products in 220 dispensaries throughout California, is pleased to announce that the Company signed a Letter of Intent (“LOI”) on February 20th, 2020 to acquire Venom Extracts (“Venom”), one of Arizona’s premier extract brands and one of the state’s largest producers of award-winning medical cannabis distillate and related products.

HIGHLY ACCRETIVE $20,000,000 ACQUISITION: For the year ended December 31, 2019, Venom Extracts reports having generated CDN$16.4 million in revenue and CDN$2.48 million in EBIDTA from its product line of Cannabis Concentrates, P.H.O Concentrates and Cartridges. Hollister cautions that revenue and EBITDA figures have not yet been audited and are based on reports prepared by Venom management. Though Hollister believes the figures to be highly reliable, their audit will be part of the due diligence before closing.

The all stock purchase price is anticipated to be CDN$20,000,000, with 70% to be paid upfront and 30% to be paid upon milestone achievements. The acquisition is expected to close by March 31, 2020 subject to normal course due diligence.

“Venom has established itself as a leading extraction operation with a prominent brand in the Arizona marketplace”, said Carl Saling, Founder and CEO of Hollister Biosciences Inc. “We feel this acquisition will present a great deal of opportunity for synergy between Hollister and Venom, providing avenues for both companies into the Arizona, California and additional marketplaces for cannabis products. Venom Extracts has a highly skilled and experienced management team with a track record for operational excellence. This transaction is highly accretive and represents a fundamental part of the future growth of both companies.”

LOI TERMS: The terms of the LOI, which will be formalized by a definitive agreement on closing, are as follows:

The Company will acquire Venom Extracts for CDN$20,000,000 with such payment to be issued in Hollister common stock (the “Payment Shares”)
The stock price will be determined based on the greater of: The 14-day VWAP (Volume Weighted Average Price) capped at $0.25 subsequent to announcing the transaction and $0.20
Once the share price is established, 70% of the Payment Shares will be issued upon closing of the transaction, subject to hold periods.
The remaining 30% of the Payment Shares will be issued when and if the following milestones have been met on or prior to December 31st, 2021: 20% (of the total number of Payment Shares) will be issued when revenue of Venom Extracts reaches CDN$ 30,000,000 (calculated in accordance with IFRS from January 1, 2020), and 10% (of the total number of Payment Shares) will be issued when revenue of Venom Extracts reaches CDN$40,000,000 (calculated in accordance with IFRS from January 1, 2020).

“We are very pleased to be entering into this transaction with Hollister”, shared Mason Cave, CEO of Venom Extracts. “The opportunities for resource and capability sharing between the two companies are plentiful. This also represents a more expeditious avenue for us into the large and rapidly growing California marketplace. Hollister has an excellent management team in place and has established itself as a sought-after brand house of popular cannabis and hemp products in California. We feel that our contribution on the extraction side will help diversify Hollister’s product offering and continue to build out the brand equity of both companies across multiple state and eventually global marketplaces”

In association with the arm’s length transaction, Hollister will not be assuming any long-term debt, a new control position will be created and there is no change in Management, or the Board of Directors of Hollister being contemplated at this time.

Finder’s fees will be payable in accordance with the policies of the Canadian Securities Exchange.

About Venom Extracts:
Venom Extracts is one of Arizona’s premier extract brands and one of the state’s largest producers of award-winning medical cannabis distillate and related products. With an experienced management team and unparalleled reputation for quality, Venom Extracts prides itself as a differentiated extraction company by producing legal Marijuana products at a price point that allows retailers to generate higher profits. Focused on proprietary efficiencies, the Company is able to produce more product per square foot than its competition, maintaining lower costs and risks than a typical extraction company. The company’s expansion strategy is centered on entering new markets/states that are approved for medical cannabis use and/or approved or have a reasonable expectation to be approved for recreational use in the near future.
Website: www.venomextracts.com

About Hollister Biosciences Inc.:
Hollister Biosciences Inc. is a vertically integrated cannabis company with multiple, high-quality products now carried in 220 of Indus Holdings (CSE: INDS), Hollister’s exclusive distribution partner’s 600 dispensaries. This level of penetration is expected to grow as the Company accelerates its seed to shelf, high margin business and product development model. Capitalizing on this success, Hollister’s vision is to become the sought-after premium brand portfolio of innovative, high quality cannabis across multiple states and hemp products nationwide. Our wholly owned California subsidiary, Hollister Cannabis Co, is the 1st state and locally licensed Cannabis Company in the City of Hollister, California, the birthplace of the “American Biker” from which we embrace the outlaw roots of Hollister to drive our Company fearlessly down the road of success. Products from Hollister Cannabis Co. include HashBone, the brand’s premier artisanal hash-infused pre-roll ranked as California’s #1 hash infused pre-roll, along with solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures
Website: www.hollistercannabisco.com
Company Contact:
klee@k2capital.ca
Tel: 604-961-0296

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com

Also Released on: Newsire

February 25, 2020August 19, 2021

Spherix Attends Artificial Intelligence and Machine Learning Pharmaceutical Development Conference

NEW YORK, Feb. 25, 2020 /PRNewswire/ — Spherix Incorporated (Nasdaq: SPEX) today announced its attendance at the AI & ML Drug Discovery Summit. The AI-ML in Drug Development Summit is the only conference to bring together industry leaders, technology experts and academics focused on augmenting the R&D processes through the use of Artificial Intelligence and Machine Learning. The event, scheduled for February 24-26, 2020 at the DoubleTree by Hilton Hotel San Diego – Mission Valley, brings together industry leaders and academics who are developing and implementing technological solutions for some of pharma’s greatest problems.

Spherix Logo. (PRNewsFoto/Spherix Incorporated)

Mr. Anthony Hayes, CEO of Spherix stated, “We believe that the use of machine learning and artificial intelligence in drug discovery and development will be an important part of the future for this industry. We are excited to be a part of this conference as we continue to work towards becoming a diversified biopharmaceutical company.”

The AI-ML in Drug Discovery & Development Summit is the only conference to bring together industry leaders, technology experts and academics focused on augmenting R&D processes. The three-day conference features case studies, panels and varied networking opportunities. The 2020 agenda will reflect the strides taken by the community over the past year and mistakes made as well as forming the future of machine learning solutions in the R&D process.

About Spherix

Spherix Incorporated, a Delaware corporation (the “Company”), was initially formed in 1967 and is currently a biotechnology company with a diverse portfolio of small-molecule anti-cancer therapeutics. The Company’s platform consists of patented technology from leading universities and researchers and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and Wake Forest University. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer, acute myeloid leukemia (AML) and acute lymphoblastic leukemia (ALL). In addition, we are constantly seeking to grow our pipe to treat unmet medical needs in oncology

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the SEC, not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Investor Relations:
Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com

Spherix:
Phone: 212-745-1373
Email: investorrelations@spherix.com
www.spherix.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/spherix-attends-artificial-intelligence-and-machine-learning-pharmaceutical-development-conference-301010702.html

SOURCE Spherix Incorporated

News Provided by PR Newswire via QuoteMedia

February 24, 2020March 10, 2022

End-to-end solution in psychedelic therapies establishes Numinus as leader in emerging space

VANCOUVER (February 24, 2020)—With momentum building for the use of psychedelic substances in the treatment of mental illness, addiction and trauma, Vancouver-based Numinus Wellness Inc. (“Numinus”) is now one of the first in-market, fully integrated companies in the psychedelic space in North America.

Numinus is an operating company at the forefront of the transformative change in treating the growing prevalence of mental health issues and desire for greater wellness. The company was created from the merger of Salvation Botanicals and Numinus Wellness Inc. and aims to go public via an RTO with Rojo Resources in Q1 2020, subject to exchange approval. Psychedelic therapies have been designated breakthrough therapy status by the FDA due to their promising therapeutic potential.

“While we are excited about the future of psychedelics, these substances will not be approved for recreational use; this is not cannabis,” says Numinus CEO and Founder Payton Nyquvest. “Psychedelics are therapeutic, where the application of these substances will only happen in safe, controlled treatment environments.”

Through Salvation Labs (a Numinus subsidiary), Numinus has a dealer’s licence which allows Numinus to test, possess, buy and sell MDMA, psilocybin, psilocin, DMT and mescaline. Numinus is seeking to expand the licence to include activities such as import/export, testing and R&D. The expanded licence will allow Numinus to support the growing number of studies on the potential benefits of psychedelic therapies through the supply and distribution of these substances.

Numinus is currently operating a stand-alone centre offering patients integrative health solutions to help heal, connect and grow. A purpose-built facility is planned for Vancouver in 2020.

The company’s goal is to create and operate a network of wellness centres offering a unique set of treatments that can be specifically developed for each individual. In future and when approved for use by appropriate regulatory bodies, Numinus aims to guide suitable candidates in the use of psychedelics. Numinus would conduct these therapies working in partnership with various health and research organizations.

Numinus is led by Payton Nyquvest and Stacey Wallin, proven entrepreneurs and business leaders who have benefitted from transformative therapies in their own lives. The pair has built a strong network of executives, advisors and partners to take Numinus to the market.

“The societal costs of mental illness, addictions, trauma and unmet human potential are much too high,” Nyquvest says. “New approaches, new treatments and new ways of thinking are required — solutions where the world of health care and technology collide — to help individuals and communities heal, discover meaning and make deeper connections.”

Contact:

Emily Edwards | NATIONAL Vancouver

Email: eedwards@national.ca | Phone: 604-842-6490

Forward Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, among others, dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing federal, provincial, municipal, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits to operate and expand the Company’s facilities; engaging in activities which currently are illegal under Canadian federal law and the uncertainty of existing protection from Canadian federal or other prosecution; regulatory or political change such as changes in applicable laws and regulations, including federal and provincial legalization, due to inconsistent public opinion, perception of the medical-use and adult-use marijuana industry, bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; the Company’s limited operating history and lack of historical profits; reliance on management; the Company’s requirements for additional financing, and the effect of capital market conditions and other factors on capital availability, including closing of the financings contemplated herein; competition, including from more established or better financed competitors; and the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

February 23, 2020August 19, 2021

Spherix Announces a Special Dividend Distribution

Spherix Sets Record Date of March 4th for Dividend Distribution

NEW YORK, Feb. 23, 2020 /PRNewswire/ — Spherix Incorporated (Nasdaq: SPEX) today announced that on February 21, 2020, a special committee of the Board of Directors of Spherix Incorporated (“Spherix”) approved a distribution to Spherix stockholders of 70,000 shares of Hoth Therapeutics, Inc. (“Hoth”) held by Spherix.

Spherix Logo. (PRNewsFoto/Spherix Incorporated)

Each Spherix stockholder will be entitled to receive one (1) share of Hoth common stock for every seventy (70) shares of Spherix common stock held as of 5 p.m. Eastern Time on March 4, 2020, the record date. Spherix will not distribute fractional shares of Hoth common stock, and any fractional shares will be rounded down to the nearest whole share.

Spherix stockholders do not need to take any action to receive the shares of Hoth common stock, other than be a shareholder of record on March 4, 2020. Spherix stockholders do not need to pay any consideration for, surrender or exchange shares of Spherix common stock.

Mr. Anthony Hayes, CEO of Spherix stated, “Returning capital to shareholders is an important part of our strategy, and the distribution of a portion of our holdings in Hoth is the first step in this endeavor. We continue to work towards becoming a diversified biopharmaceutical company with a compelling portfolio of potential compounds to develop and commercialize.”

About Spherix
Spherix Incorporated, a Delaware corporation (the “Company”), was initially formed in 1967 and is currently a biotechnology company with a diverse portfolio of small-molecule anti-cancer therapeutics. The Company’s platform consists of patented technology from leading universities and researchers and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and Wake Forest University. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer, acute myeloid leukemia (AML) and acute lymphoblastic leukemia (ALL). In addition, we are constantly seeking to grow our pipe to treat unmet medical needs in oncology

Forward-Looking Statements
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the SEC, not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Investor Relations:	Hayden IR
	Brett Maas, Managing Partner
	Phone: (646) 536-7331
	Email: brett@haydenir.com
	www.haydenir.com

Spherix:	Phone: 212-745-1373
	Email: investorrelations@spherix.com
	www.spherix.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/spherix-announces-a-special-dividend-distribution-301009523.html

SOURCE Spherix Incorporated

News Provided by PR Newswire via QuoteMedia

February 20, 2020August 20, 2021

Hollister Biosciences Inc. Division Hollister Cannabis Co’s HashBone Brand to Launch MiniBone Pre-Roll Packs

Vancouver, BC, February 20, 2020 – Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB) (the “Company” or “Hollister”) – through its Hollister Cannabis Co division, is proud to announce the launch of its 5-pack of .5g hash-infused pre-rolls, HashBone MiniBones.

HashBones are the #1 hash-infused pre-roll in California. Each 1G HashBone is hand-packed with an artisan blend of 25% cold water bubble hash and 75% top-shelf flower. Each HashBone features a pair of sativa, hybrid or indica strains, boasting enhanced flavor and potency. Flower is sourced from California’s Central Coast, while the cold water bubble hash is made by Hollister.

The 5-pack of .5g hash-infused pre-rolls, HashBone MiniBones, will be distributed exclusively by Hollister Cannabis Co.’s distribution partner, Indus Holdings, Inc. (CSE: INDS) and is anticipated to launch by April 01, 2020. HashBone MiniBones are expected to retail at an average price of $30 (plus tax). Based on HashBone’s current customer base, we forecast demand for 65,000 units in 2020.

The CEO of Hollister Biosciences Inc., Carl Saling shared, “Our customers have been requesting a multi pack HashBone that would be great on the go. We are thrilled to launch the 5 pack mini bone hash infused pre rolls.“

About Hollister Biosciences Inc.:
Hollister Biosciences Inc. is a California based vertically integrated cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality California-grown cannabis and hemp products. Hollister uses a vertically integrated, high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Cannabis Co. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products. Our wholly owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker.”
Website: www.hollistercannabisco.com
Company Contact:
klee@k2capital.ca
Tel: 604-961-0296

As Released on: Newsire

February 18, 2020August 20, 2021

Hollister Biosciences Inc. Division Rebel Hemp Company to Launch Line of Premium Hemp Pre-Rolls

Vancouver, BC, February 18th, 2020 – Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB (the “Company“, “Hollister Cannabis Co.” or “Hollister“) – through its hemp division, Rebel Hemp Company, is proud to announce the launch of its premium hemp pre-rolls.

Hollister has entered a letter of intent (“LOI’) for a proposed offtake agreement (the “Agreement”) with Mountain Financial Solutions LLC (“Mountain Financial”). Under the terms of this Agreement, Hollister will purchase 1,000 pounds of hemp from Mountain Financial for use in various smokable hemp products – specifically, Rebel Hemp Company’s premium hemp pre-rolls.

Rebel Hemp Company’s pre-rolls will be sold as singles and in packs. All hemp pre-rolls for Rebel Hemp Company will be manufactured by Hollister, using the smokable hemp sourced from Mountain Financial’s farm in Paso Robles, CA. The selected CBD-rich hemp strains will provide smokers with a consistent, flavorful and relaxing experience.

Ronald Hodge, of Mountain Financial Solutions, spoke about the Agreement: “We are happy to announce our agreement with Hollister Cannabis Co and look forward to a long lasting relationship. I have known Carl for over 20 years and he’s one of the best in the business.”

Carl Saling, Founder, CEO and Director of Hollister Biosciences Inc, shared: “We are very excited to be working with Mountain Financial Solutions LLC. Their unique high CBD hemp strains are just what we were looking for to launch our smokable hemp pre roll line.”

About Mountain Financial Solutions LLC:
Mountain Financial Solutions, LLC is located in the Paso Robles wine region of California. They currently grow multiple strains of smokable hemp on a 100 acre farm, surrounded by beautiful vineyards. Their flower is considered the highest quality hemp in California.

As Released on: Newswire

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