Hill Inc V.HILL

Alternate Symbol(s): HSEEF

Hill Incorporated is a progressive bioscience implementation company. It is engaged in building pathways to better and healthier living by leveraging its consumer-packaged goods (CPG) expertise to commercialize technologies to craft cannabis solutions and non-alcoholic beverage products globally. Its Hill Avenue Cannabis business unit is pioneering the space where craft consumer products meet bioscience by combining its CPG commercialization expertise with its rights to use Lexaria Bioscience Corp’s DehydraTECH patent portfolio for product development, licensing and business-to-business (B2B) and business-to-consumer sales of cannabis ingredients or products on a global scale. Its Hill Street Beverages business unit represents its legacy alcohol-free consumer beverage marketing and distribution business. It provides DehydraTECH-enabled B2B solutions for both cannabis extractors and ingredient suppliers and CPG manufacturers whose products are infused with cannabis and or hemp extracts.

TSXV:HILL - Post by User

Hill Inc

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Comment by EdiblesRlifeon Mar 11, 2019 11:54am

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Post# 29468129

RE:LIFFORD will be key to promotions

Thanks for the NR, I do agree Hill Street has great potential. Just wish it was better capitalized.
I hate when companies need to do equity raises so soon after going public. It's like they didn't project properly at all. Especially if it is going to be at a lower SP than what I paid. Sitting at .22 average here. Hoping an equity raise or convert. debt will be in the mid .20's. Unless sales have massively ramped up, which in unlikely, a raise will definitely be coming shortly.

homeboy14 wrote:
as per NR:

Hill Street signs National Sales and Distribution Agreement with Lifford Cannabis Solutions Inc.

Wednesday, February 27, 2019, 6:30 AM ET

TORONTO, Feb. 27, 2019 /CNW/ - Hill Street Beverage Company (TSXV: BEER) ("Hill Street" or the "Company") has signed a national agreement with Lifford Cannabis Solutions Inc. ("Lifford"), who will be responsible for the sales and distribution of Hill Street's cannabis-infused beverage portfolio in Canada.
Lifford's sales team will be responsible for maximizing the number of locations where Hill Street's cannabis-infused beverage portfolio is sold, and ensuring the Company's products are prominently featured in government-owned and independent dispensaries across Canada. By some estimates, there are expected to be over 500 such dispensaries by the time cannabis-infused beverages are expected to become legal later this year. As partial consideration to Lifford, Hill Street will issue to Lifford, $100,000 worth of Common Shares of Hill Street at a deemed price per share equal to $0.1921, which the parties have determined to be equal to the 10-day volume weighted average price of the Common Shares as of February 22, 2019 (the "Consideration Shares"). The issuance of the Consideration Shares is subject to the approval of the TSX Venture Exchange.
"We're leveraging our experience building award-winning alcohol-free wine and beer brands to create extraordinary cannabis-infused beverages, providing consumers with healthier and safer alternatives to alcohol," said Doug Taylor, Executive Vice President of Sales and Distribution at Hill Street. "Having the talented Lifford Cannabis Solutions team representing Hill Street will help ensure our portfolio is readily available for sale in Canada's emerging retail, online, and food service channels in the coming years."
"We couldn't be happier to represent Hill Street Beverages. Their vision and energy establishes the Company as a leading player in this evolving cannabis market, and their notable beverage portfolio really impressed our team," said Lisa Campbell, CEO of Lifford Cannabis Solutions. "The proven technology platform they're using for cannabis-infusion closely mimics the effect consumers get from alcohol without any negative side effects, and will undoubtedly deliver the same type of taste and experience upon which our parent company, Lifford Wines and Spirits, has built its stellar industry reputation."
Hill Street joined Lifford at the Restaurants Canada Show from February 24th to 26th, where Lifford showcased the innovation of cannabis-infused beverages as part of the "Restaurants of the Future" activation.
About Lifford Cannabis Solutions Inc.
Lifford Cannabis Solutions was founded by cannabis advocate Lisa Campbell in order to bring the most premium selections of cannabis to consumers. Lifford assists licensed cannabis companies in getting their products successfully through control boards to retail. A subsidiary of Lifford Wine & Spirits, Lifford Cannabis Solutions brings decades of experience to aid cannabis companies coming to market.