CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Enters Agreement for Debt Private Placement

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis branded products company in California, on Wednesday announced its entry into an agreement with a certain arm’s length party with respect to the settlement of USD$1,044,806.03 owing or to be owing to such creditor for services rendered. Plus Products has agreed, as payment in full of such amount, to issue to the creditor or its assignee 318,471 units of the company, each at a deemed price of CAD$4.32. Each unit consists of one subordinate voting share in the capital of the company and one warrant. Until five years from the date of the grant, each warrant will entitle the holder to subscribe for one additional share at a price of CAD$4.32 per share.

To view the full press release, visit http://cnw.fm/cQah2

About Plus Products Inc.

Plus Products is a California edibles company focused on using nature to bring balance to consumers lives. PLUS’s mission is to make cannabis safe and approachable; that mission begins with high-quality products that deliver consistent consumer experiences. PLUS Gummies and PLUS Mints are manufactured at PLUS’s own factory in Adelanto, California, with strict internal and external testing to ensure accurate consistent dosage. PLUS is headquartered in San Mateo, California, with 80 employees. For more information, visit the company’s website at www.PlusProducts.com.

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://cnw.fm/PLUS

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CanadianCannabisWire (CNW)
Toronto, Ontario
www.CanadianCannabisWire.com
905.674.5977 Office
Editor@CanadianCannabisWire.com

Latest News

Indonesian province shuts schools due to forest fire haze

Sep 21, 2019

JAKARTA, Indonesia — Authorities shut most schools in parts of Indonesia's Sumatra island to protect children from a thick, noxious haze as deliberately set fires burned through peatland forests, officials said Wednesday. Indonesia's Disaster Mitigation Agency said more than 3,600 fires have been detected on Sumatra and Borneo islands by weather satellites, leading to very poor air quality in six provinces with a combined population of more than 23 million. Nearly every year, Indonesian forest fires spread health-damaging haze across the country and into neighboring Malaysia and Singapore. Authorities have deployed more than 9,000 people to fight the fires, which...

Iran: Lifting US sanctions will help salvage nuclear deal

Sep 21, 2019

KUALA LUMPUR, Malaysia — Iranian Foreign Minister Mohammad Javad Zarif said Iran's supreme leader will not meet President Donald Trump unless Washington halts its "economic terrorism" that has hurt ordinary Iranians. Zarif said the removal of U.S. sanctions — which he described as a form of extortion, arm twisting and intimidation — could also help salvage the 2015 Iranian nuclear deal, which the U.S. unilaterally withdrew from last year. He said Tehran has the right to reduce its compliance under the nuclear pact after the U.S. left, but it can return to full implementation if the U.S. fulfils its commitment...

Indonesia to move capital from sinking Jakarta to Borneo

Sep 21, 2019

JAKARTA, Indonesia — Indonesia's president says the country's capital will move from overcrowded, sinking and polluted Jakarta to a site in sparsely populated East Kalimantan province on Borneo island, known for rainforests and orangutans. President Joko Widodo said Monday intense studies over the past three years had resulted in the choice of the location on the eastern side of Borneo island. The new capital city, which has not yet been named, will be in the middle of the vast archipelago nation and already has relatively complete infrastructure because it is near the cities of Balikpapan and Samarinda, Widodo said. He...

Judge postpones 2nd corruption trial of Malaysia's former PM

Sep 21, 2019

KUALA LUMPUR, Malaysia — The second trial of Malaysian's ex-Prime Minister Najib Razak linked to the multibillion-dollar looting of the 1MDB state investment fund was delayed Monday by a week to allow his first trial to end. Najib faces a total 42 charges of corruption, abuse of power and money laundering in five separate criminal cases brought since his shocking election defeat last year. Najib, 65, denies wrongdoing and accuses the new government under Prime Minister Mahathir Mohamad of seeking political vengeance. Chief prosecutor Gopal Sri Ram said the last witness in Najib's first trial is midway through testifying and...

Indonesia's leader says sinking Jakarta needs giant sea wall

Sep 21, 2019

JAKARTA, Indonesia — Indonesia's president said in an interview that he wants to see the speedy construction of a giant sea wall around Jakarta to prevent the low-lying capital from sinking under the sea, lending renewed backing and a sense of urgency to a slow-moving and politically contested mega project. President Joko Widodo and his government are up against a tight timetable, including a forecast by experts that at the current rate, one-third of Jakarta could be submerged by 2050. The existential crisis facing the city is the culmination of decades of unfettered development, almost nonexistent urban planning and misrule...

Penggerak pasaran mengikut TradingView

About Us

Duniaga is Malaysia’s top local source for business news and information where people head to stay connected with the business news. We give daily in-depth analysis on the business happenings in the country.

Contact us: sales[at]duniaga.com

Subscribe Now!