T H E C A N N A B I S C O M P A N Y -...
Transcript of T H E C A N N A B I S C O M P A N Y -...
This corporate presentation (the “Presentation”) and the
material contained herein are confidential and are not to be
disclosed to the public. This Presentation is for information
purposes only and may not be reproduced or distributed to any
other person or published, in whole or part, for any purpose
whatsoever. This Presentation does not constitute a general
advertisement or general solicitation or an offer to sell or a
solicitation to buy any securities in any jurisdiction. Such an offer
can only be made by prospectus or other authorized offering
document. This Presentation and materials or fact of their
distribution or communication shall not form the basis of, or be
relied on in connection with any contract, commitment or
investment decision whatsoever in relation thereto. No
securities commission or similar authority in Canada or any
other jurisdiction has in any way passed upon the adequacy or
accuracy of the information contained in this Presentation.
This Presentation contains forward-looking statements and
forward-looking information that may constitute forward-
looking information within the meaning of applicable Canadian
securities laws or forward-looking statements within the
meaning of the United States Private Securities Litigation
Reform Act of 1995. All statements in this Presentation, other
than statements of historical facts, including statements
regarding the expected cultivation capacity in square footage
and kilograms by the end of January 2019, the expected
cultivation capacity in square footage and kilograms by the end
of January 2020, the expected completion date of Acreage
Pharms’ Phase III expansion, the anticipated construction of
Acreage Pharms Phase IV, the anticipated plan and timeline to
begin construction on OptionCo’s facilities located in Mission
and Delta, the anticipated benefits of Acreage Pharms’
Supercritical CO2 extraction, are forward-looking statements
and contain forward-looking information. Generally, forward-
looking statements and information can be identified by the use
of forward-looking terminology such as “intends” or
“anticipates”, or variations of such words and phrases or
statements that certain actions, events or results “may”, “could”,
“should”, “would” or “occur”. Forward-looking statements are
based on certain material assumptions and analysis made by the
Company and the opinions and estimates of management as of
the date of this press release, including the expected operation
of 210,200 square feet of cultivation capacity by the end of
January 2019 will be achieved without delay or complication,
the expected operation of 714,200 square feet of cultivation
capacity by the end of January 2020 will be achieved without
delay or complication, the expected completion date of Acreage
Pharms’ Phase III expansion will be achieved without delay or
complication, the anticipated construction of Acreage Pharms
Phase IV will begin without delay or complication, the
anticipated plan and timeline to begin construction on
OptionCo’s facilities located in Mission and Delta will be met
without delay or complication, Acreage Pharms’ Supercritical
CO2 extraction will operate as anticipated without complication.
These forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements
of the Company to be materially different from those expressed
or implied by such forward-looking statements or forward-
looking information. Important factors that may cause actual
results to vary, include, without limitation, Invictus will not be
successful in reaching its potential production capacity on its
anticipated timeline, Acreage Pharms’ Phase III expansion will be
delayed or will not complete due to unforeseen complications or
lack of funding, Acreage Pharms’ Phase IV expansion will be
delayed or will not complete due to unforeseen complications or
lack of funding, Invictus will not exercise its option to purchase
OptionCo or OptionCo’s plans to construct its Mission and Delta
facilities will be delayed or will not complete due to unforeseen
complications or lack of funding and that Acreage Pharms’
Supercritical Co2 extraction will operate materially worse than
expected by the Company. Although management of the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. The
Company does not undertake to update any forward-looking
statement, forward-looking information or financial out-look
that are incorporated by reference herein, except in accordance
with applicable securities laws.
Hamilton, OntarioLicensed Producer under ACMPR with sales license
West-Central AlbertaLicensed Producer under ACMPR with saleslicense (150 acres)
Hamilton, OntarioACMPR Pre-Licence
Application (100 acres)
❖ 15,700 kg planned capacity in FY2019
❖ 57,300 kg planned capacity in FY2020Kelowna, British ColumbiaFertilizer Producer
Mission, British Columbia(32 acres)
Delta, British ColumbiaACMPR Pre-Licence Application
Delta
Mission
❖ The band KISS sold more than 100 million albums and broke box office records set by
The Beatles and Elvis
❖ KISS earned more American Gold Record Awards than any other group in all categories
❖ Built a merchandising/licensing empire with over 2,500 licenses
❖ Simmons’ celebrity television show, Gene Simmons Family Jewels, aired for eight years and
167 episodes, and was viewed in 84 countries — one of the longest-running celebrity reality
TV shows in history
❖ Is a founding partner in the global restaurant chain Rock & Brews
❖ McClaren hired him as their brand ambassador and Indycar engaged him to do their marketing
❖ Is a published author and about to publish his latest book “27”, on the heels of his two previous
best sellers Me, Inc., and On Power
❖ Is launching a premium soda line, MoneyBagTM Sodas, across all 7-Eleven stores, and he will
soon launch MoneyBagTM FootGear
Medical cannabis through
business to customer sales,
as permitted by the ACMPR
Retail stores in Western
Canada with the initial
launch of our partnership
with flagship retail store
that will commence
operations upon receiving
final licensing from the
AGLC and will feature our
lifestyle brands and locally
grown product from
Acreage Pharms, in Alberta
LP to LP partnerships
working together with other
LP’s to tap into their
distribution channels,
such as our subsidiary AB
Labs’ partnership with
Canopy Growth
Corporation (TSX: WEED)
Sales agreements with
government agencies to
supply the adult
recreational market in
Canada, as evidenced by
the recent supply
agreements with BC,
Alberta and Saskatchewan
Distribution agreements
beyond Canada's borders,
starting with Germany in
2019, as announced in
recent press release, dated
June 19, 2018
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❖ Complete vertical integration that spans production through to sale to end
customer
❖ Full retail strategy aimed for Western Canada
❖ On-site customer call centre and shipping depot for medical orders
❖ Wholesale model
❖ Current supply agreement with Canopy Growth’s curated CraftGrow Line on
Tweed Main Street
❖ Expansion plans to sell wholesale to Acreage Pharms and / or other Licensed
Producers and provinces
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Authentic Brands Group (“ABG”) is a
brand development, marketing, and
entertainment company, which owns a
global portfolio of entertainment and
lifestyle brands. Headquartered in New
York City, ABG manages, elevates, and
builds the long-term value of consumer
brands by partnering with best-in-class
manufacturers, wholesalers, and
retailers.
ATB is a financial institution and
Crown corporation owned by the
Province of Alberta. Headquartered in
Edmonton, with total assets of C$51.9
billion, ATB is the largest Alberta-
based financial institution.
GTEC Holdings is a publicly traded
(TSXV: GTEC) cannabis company
comprised of multiple cultivation
facilities under Health Canada’s
ACMPR, each with a unique focus and
strategy.
Hamilton, OntarioLicensed Producer under ACMPR with sales license
West-Central AlbertaLicensed Producer
under ACMPR with sales license (150 acres)
Hamilton, OntarioACMPR Pre-Licence Application (100 acres)
Kelowna, British ColumbiaFertilizer Producer
SECURED RECREATIONAL SUPPLY AGREEMENTS
POTENTIAL SUPPLY AGREEMENTS AND PRODUCT CALLS
Additional Medical Market
CONFIRMED LOCATIONS
RETAIL LOCATIONS
TARGET LOCATIONS
8 store strategy within 200 km radius of Kelowna with 2 locations confirmed
30 Cannabis Cowboy locations with 15 confirmed
1 confirmed location with e-commerce secured for entire province
Cannabis Cowboy targeting 20+ stores
Applications submitted for 6 locations
12 store strategy
Invictus has partnered with GTEC Holdings Ltd. (“GTEC”)
to fill up to 30% of any cannabis PO that GTEC is seeking
to purchase from a third party LP for a period of 2 years.
GTEC is executing an aggressive cannabis expansion
retail strategy across Canada and expects to have at
minimum 15 Cannabis Cowboy retail stores open by
October 17, 2018, in BC and Alberta, as well as 1 location
in Saskatchewan, complemented by an e-commerce
platform that will serve the entire Province.
Invictus Brands Invictus has partnered with Authentic Brands Group (“ABG”) to launch a collection of lifestyle-inspired cannabis brands.
Headquartered in New York City, ABG owns, manages, and builds the long-term value of a portfolio of global Entertainment and
Lifestyle brands. ABG's brands have a retail footprint that spans the luxury, specialty, department store, mid-tier, and e-commerce
channels and more than 4,400 branded freestanding stores and shop-in-shops worldwide. For more information about ABG and its
brands, please visit abg-nyc.com.
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A FOCUS ON WELLNESS
VitaLeaf is a medical brand that speaks to
health-conscious consumers and medical
professionals seeking alternative treatments,
who are 28–65, and new to the benefits of
medicinal cannabis. Vitaleaf is the trusted
source for medical cannabis advice, product
and paraphernalia that empowers consumers
to take control of their health and well-being.
That’s because Vitaleaf sources high quality
products you can trust. Vitaleaf’s professional,
reliable patient care team provides
comprehensive support every step of the way.
LIVING IN THE MOMENT
DukesTM is a lifestyle brand that appeals to
the consumer that appreciates being able to
curate specialized products that enhance
their everyday life. Dukes is about bringing
together friends and living in the moment.
CONSUMER PROFILE
• Women & Men (broad appeal is that it has
something for everyone)
• Tech-savvy
• Socially engaged
• Knowledgeable consumer
• Quality of life & friendships are important
PRODUCT PROFILE
• Targets the New and Casual user
• Varied THC levels
• Presented in a simplified, color-coded
system that easily conveys THC level
LIVE YOUR BEST LIFE
ZooeyTM connects with modern active women
with a clearly feminine point of view. This
woman takes time for self-care, to relax and
dedicate downtime to step away from her
busy life. Designed with women in mind,
Zooey addresses her social, physical, and
mental well-being.
CONSUMER PROFILE
• Female consumer
• Millennial sensibility
• Wants trustworthy & effective products
and experiences
• Cares about quality and sustainability
• Responds to homeopathic and natural
remedies
• Makes time for self-care & socializing
PRODUCT PROFILE
• Targets the New and Casual female user
• Range of THC to CBD levels
THE ARTISAN, THE CRAFTSMAN
AND THE CONNOISSEUR
Putting a finer spin on product that is upscale,
status-conscious, and stylish, Sterling & HuntTM
is unexpected. Aimed at the consumer who
appreciates and expects fine quality products
and is willing to invest in higher-end items,
Sterling & Hunt is for those who enjoy the finer
things in life.
CONSUMER PROFILE• Primarily male consumer• A true connoisseur in all aspects of his
lifestyle• Image- and brand-conscious but well-
informed with discriminating taste• Takes time and care with grooming• A curator and a collector• Has a preference for things that are artisan
and well-crafted
PRODUCT PROFILE• Targets the Experienced user• Varied THC levels• May feature special batches, limited editions
GO ALL IN
SinisterTM consumers live life on the edge,
know what they want, know what they like,
and are passionate about the things they
enjoy. Experiences matter to the Sinister
consumer and they seek out brands and
products that reflect who they are and how
they live their lives.
CONSUMER PROFILE• Male-targeted but also appeals to niche
female groups• Independent thinker; Bohemian Elite• Laid-back, yet looking for an intense
experience in all areas of• interest: music, sports, travel, cannabis• Somewhat counter-culture but cause-
focused and socially engaged• Self expression is important
PRODUCT PROFILE• Targets the Experienced/Daily user• Higher THC levels
Note 1 - Capacity presented on a gross basis and has not been adjusted for forecasted ownership percentages below 100% (AB Labs 50% and AB Ventures 33%)
❖ Non-Toxic/Non-Carcinogenic. Oils extracted using this technology do not contain petroleum
particles.
❖ Safe. The system does not use potentially flammable or explosive petroleum-based solvents.
❖ Carbon-Neutral/Environmentally Friendly. The system does not emit carbon into the atmosphere.
❖ Customizable. With a wide range of temperatures, pressures and flow rates to leverage, the
system is capable of fully withdrawing the full profiles of natural compounds from cannabis plants.
❖ 82.5 percent ownership
❖ There are decades of experience that fill the ranks at Future Harvest, a
hydroponics and fertilizer manufacturer and supplier.
❖ The Future Harvest team is dedicated to developing products that
benefit soil and plants.
❖ According to the Washington Agricultural Board, Future Harvest
fertilizer products have lower heavy metal content than its competitors.
CPA/CA, Chairman, CEO, Founder & Director
Independent Director
CEO Acreage Pharms/Director
CPA/CA, Independent Director Independent DirectorIndependent Director
CPA/CA, Chief Financial OfficerMBA, Vice President, Marketing & Communications CPA/CA, Director Of Finance
Chief Evangelist Officer Vice President, Medical Sales
VP, Public Relations & Regulatory Affairs
Dan Kriznic founded Invictus in June 2014 with a vision to create a
global cannabis company to meet the significant demand for cannabis
both medicinally and recreationally. Dan was co-founder and CFO of
Lithium-X Energy Corp. (TSXV:LIX), a lithium exploration company,
which recently sold for $261 million in an all cash transaction.
He has grown the value of his portfolio companies from nominal
valuation to collective valuations exceeding $1 billion in enterprise
value with significant returns to shareholders. He focuses on emerging
markets such as cannabis, lithium and blockchain/cryptocurrency. Prior
to this he was at Deloitte for 10 years where he served in leadership
roles advising both public and privately held companies in M&A
transactions and tax planning.
Simmons has achieved extraordinary success beyond the concert stage
and recording studio, his KISS-related achievements are astounding in
themselves with the band having sold more than 100 million albums;
earning more American Gold Record Awards than any other group, in
all categories (RIAA); building a merchandising/licensing empire with
over 2,500 licenses including everything from t-shirts and comic books,
to pinball machines, credit cards and lunchboxes; and breaking box
office records set by The Beatles and Elvis.
Beyond KISS, Simmons’ celebrity television show, Gene Simmons
Family Jewels, aired for eight years and 167 episodes, and was viewed
in 84 countries — one of the longest-running celebrity reality TV shows
in history. He discovered Van Halen, managed the recording career of
Liza Minnelli, and is a founding partner in the global restaurant chain
Rock & Brews.
Simmons’ achievements in marketing encouraged McClaren to hire him
as their brand ambassador and Indycar engaged him to do their
marketing. Simmons has a record label Simmons Records, is a published
author with Simmons Books about to publish his latest book “27”, on
the heels of his two previous best sellers Me, Inc., and On Power; and
Simmons Comics continues to grow. In addition, he published his own
magazine, Tongue (Sterling-McFadden) and is about to launch his
newest magazine, “iMOGU” focusing on entrepreneurs that matter.
Simmons created and executive produced the TV shows My Dad The
Rock Star, Mr. Romance, and others. He has also acted in numerous
motion pictures and television shows for more than three decades and
is currently co-producing a slate of motion pictures with Arclight Films.
Simmons has rung the bell at the New York Stock Exchange and the
Toronto Stock Exchange, and was keynote speaker at NASDAQ. Gene
Simmons also had a United States Postage Stamp.
Among his latest ventures, Simmons is launching a premium soda line,
MoneyBag™ Sodas, across all 7-Eleven stores; his 50th anniversary
rock tour, Gene Simmons: The Vault Experience, continues with stops
around the world; and, he will soon launch MoneyBag™ FootGear.
Trevor Dixon founded Acreage Pharms Ltd in 2013 and with his sister
Brenda Dixon, Chief Science Officer, submitted a successful ACMPR
application. Prior to that, Trevor founded a company that specialized in
niche home renovations where he developed a franchise system. Within
a decade, the company was serving customers in more than 50 cities
across Canada. His philosophy of customer value, quality, and excellent
service has been carried over into the design and operational strategy
of Acreage Pharms Ltd.
Sarah is a strategic business development leader, marketer and
intrapreneur with over 15 years of optimizing profit across diverse
industry base, including CPG, Financial Services, Healthcare and
Professional Services. She has a proven track record of driving bottom
line growth and building new markets within top tier companies such as
Mondalez, American Express, and Indivior. She is passionate about
marrying profit with purpose, and driving innovation, in the medical
cannabis arena. Sarah completed her Bachelor of Commerce degree at
UBC and holds her Executive MBA from Ivey Business School at
University of Western Ontario.
Mr. Aaron Bowden specializes in taxation and currently manages all
areas of taxation for a large Canadian public company with over 12,000
employees and $4 billion in sales. Prior to this, Mr. Bowden worked at
Deloitte advising clients on assurance and tax matters and has been
involved in various forms of financing, mergers, acquisitions, and
divestitures.
George is a founding partner of LOGSCALE Venture Partners, focused
on capitalizing early and growth stage companies in healthcare. He has
in-depth strategic and corporate development experience in fast
moving consumer goods. As VP at Japan Tobacco, he led M&A
transactions valued at US $1.5B, expansion into in the US and Latin
America, and deal origination and execution for emerging products. At
Philip Morris, he led two major acquisitions (up to US$1B), readied
businesses in central and eastern European for EU accession, and
facilitated new market entries into Croatia and neighboring countries.
His multi-billion dollar private and public company deals are global
spanning five continents. He’s a grad of Queen’s University and
completed executive studies at Berkeley Haas and Harvard Business
School.
Josef W. Hocher was a founder of Buried Hill Energy, an international
oil and gas company, where he acted as co-chief executive in creating,
developing and implementing the organization’s strategic direction. He
continues to serve as the Senior Independent Director and is also either
a Chair or a member of various committees. Joe also founded Hitic
Energy Ltd., and was a partner at Osler, Hoskin & Harcourt LLP. Joe
currently serves as Chairman of Orthoshop Geomatics Ltd., a geomatics
services company; holds the position of Chief Commercial Officer at
Field Upgrading Limited and Western Hydrogen Limited and since
2016, has been a Partner at Cassels, Brock & Blackwell LLP.
Paul Sparkes sits on several public and private boards in Canada, the US
and Europe, including Thunderbird Entertainment, Bluedrop
Performance Learning, Inc., and is a former board member of the Liquor
Control Board of Ontario (LCBO). Prior to joining Bell Globemedia in
2001 as Group Vice-President, Public Affairs, Mr. Sparkes held senior
positions in public service, with the Governments of Canada, and
Newfoundland and Labrador. As Executive Vice Chair, Director and co-
founder of Difference Capital Financial, a TSX-listed specialty finance
company that invested in media, technology, health care and US real
estate, he helped raise over $200 million for investment purposes in
under a year.
Dylan Easterbrook is a seasoned accounting and financial professional,
who most recently was controller of a publicly traded global fibre optic
connectivity solution provider. Prior to that role he was with Ernst &
Young, one of the largest global professional services firms, where he
led audit engagements for both public and privately held companies
from a variety of industries, including the emerging markets. Dylan is a
Canadian Chartered Professional Accountant (CPA, CA), and also holds
a Bachelor of Science in Life Sciences degree from UBC.
Jessica Martin is a seasoned 15-year communications expert with a
broad range of experience in media relations, issues management,
government relations and digital media. Most recently as Press
Secretary and Senior Advisor to Ontario's Minister of Finance, Jessica
helped to develop strategy for cannabis legalization in Ontario. Prior to
that, she held a number of high-profile roles including Transit Reporter
at the Toronto Transit Commission, providing live updates on City TV's
Breakfast Television, CP24 and 680News, and spokesperson for
Toronto Hydro. Behind the scenes, Jessica has worked as a Research
Analyst at Queen's Park and Floor Director at City TV. Jessica is
currently a candidate in the McMaster-Syracuse Master of
Communications Management (MCM) program - where business and
communication meet.
Natasha is a Chartered Professional Accountant with over 10 years of
experience in financial management and accounting. Prior to joining
the Invictus team, Natasha held management positions at Deloitte, a
global professional service firm and Mr. Lube Canada, one of Canada’s
largest oil change franchisors. In these roles, she gained valuable
leadership experience and well-rounded financial skillset, including
auditing, reporting, planning and analysis. Natasha holds a bachelors
degree in accounting from British Columbia Institute of Technology and
received her CA designation in 2010.
Larry Heinzlmeir brings over twenty-five years of executive level
experience in sales and marketing with several of the largest publicly
traded companies in the for-profit higher education sector, namely
DeVry and EDMC, that had a combined market cap in excess of $7B. He
was Vice President, Marketing and CMO of a growth-oriented
organization that was Canada’s largest private, for profit, education
company and was responsible for the aggressive growth of seven
brands growing revenue ten-fold in four years. He has extensive
experience in developing marketing strategies, multi-brand
development, product management, communications, creative and
content development, and leveraging digital marketing across multiple
platforms and technologies including web, mobile and social.
Lineup includes an excellent 1:1
THC:CBD strain.
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Lineup includes a widely popular
and established hybrid.
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Lineup includes an in-house strain
excusive to Acreage Pharms.
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TARGET
1 Popular Strains, 2 In House Exclusive