Welcome!

News Feed Item

Peace Naturals Project Inc. Closes Private Placement Offering of Class A Shares

TORONTO, ONTARIO -- (Marketwired) -- 05/21/14 -- Peace Naturals Project Inc. is pleased to announce the closing of a brokered private placement financing.

"We increased the size of our offering to accommodate an overwhelming amount of interest and the proceeds will be used to accelerate the growth of our production facilities in Clearview Township. M Partners brought together an impressive list of leading Canadian and US institutions to our investor base and we thank them for their efforts," said Peace Naturals CEO and founder Mark Gobuty.

"We are on a mission to set new standards for viable, credible medical Cannabis production and distribution and with the completion of this financing we have the capital in place to do so," said Mr. Gobuty. It is an extremely exciting time for the medical Cannabis industry and I couldn't be prouder of the work being done by our high performance team of highly skilled professionals. Together our team has helped to set standards in client outreach, education and care and collectively have reached new heights in shepherding ideologies for what a medicinal Cannabis client experience should and does consist of."

About Peace Naturals Project Inc.

The Peace Naturals Project is a federally licensed and regulated Canadian medical Cannabis producer and distributor based in Ontario. The company cultivates strains of Cannabis that can be used for medicinal purposes, employing proven, proprietary plant varieties and offering a range of organic medical Cannabis solutions.

The Peace Naturals Project, which has extensive experience in natural health food production and agronomy, is one of the first new commercial producers granted a license by Heath Canada to produce and distribute medical Cannabis in Canada. Its transformative patient-centric model is based on a strong understanding of the growing medical Cannabis industry, a holistic approach to living well and the principles of integrity, transparency, security, compliance, and social environmental sustainability. With a strong commitment to responsible business practices and complete and thorough transparency of all aspects of operation, from production to Client Care and distribution, The Peace Naturals Project proudly has the support of local authorities, along with local and surrounding municipal leaders and holds quarterly town hall presentations to inform their community of current achievements as well as plans for future growth and community involvement.

The Peace Naturals Project is a privately held, wholly owned Canadian company focused on becoming the global Agri-Health leader in the development of effective and safe medical Cannabis solutions.

About M Partners Inc.

M Partners Inc. is an independent full service investment bank based in Toronto. Its first priority is to deliver a high level of service and insightful research to our institutional and retail clients. M Partners is a leading provider of corporate finance and advisory services to the Canadian medical marihuana sector.

M Partners is a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF) and a Participating Organization of the Toronto Stock Exchange (TSX) and the TSX Venture Stock Exchange (TSXV).

Notice regarding Forward Looking Statements

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company.

Contacts:
Peace Naturals Project Inc.
Mark Gobuty
CEO
1(888) 64-PEACE (73223)
www.peacenaturals.com

M Partners Inc.
Michael Krestell
President
(416) 603-7381

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...