The Company will be relying on the temporary exemption pursuant to ASC 51-519 in respect to the following provisions:
the requirement to file interim financial statements for the six month period ended June 30, 2020 (the „Interim Financial Statements„) within 60 days of the Company’s second quarter as required by section 4.4(b) of NI 51-102
the requirement to file management discussion and analysis (the „Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of the Company’s second quarter as required by section 5.1(2) of NI 51-102; and
the requirement to file certifications of the Interim Financial Statements (the „Certificates” and together with the Interim Financial Statements and Interim MD&A, the „Interim Filings„) pursuant to section 5.1 of National Instrument 52-109.
Other than as disclosed in the Company’s press releases, there have not been any material business developments since the date that the last financial statements of the Company were filed.
www.aethics.com) and CANNAOIL (www.cannaoilshop.com), which include CBD Oil tinctures (liquid products), CBD capsules, CBD topicals and CBD hydration products. CBD Global’s hemp-derived CBD extracts are sold through select distributors, brick and mortar retailers, and online.” data-reactid=”26″>CBD Global Sciences Inc., is a vertically integrated hemp-based CBD producer, extractor, and branding investment vehicle which currently owns two product categories, branded under the name AETHICS (www.aethics.com) and CANNAOIL (www.cannaoilshop.com), which include CBD Oil tinctures (liquid products), CBD capsules, CBD topicals and CBD hydration products. CBD Global’s hemp-derived CBD extracts are sold through select distributors, brick and mortar retailers, and online.
CBD Global Sciences, through its wholly owned subsidiary, Strasburg Pharms, grows and operates irrigated land in Colorado that grows hemp with only all-natural Colorado water, soil, sun and nutrients that is NEVER sprayed with pesticides or chemicals. Our genetics are hand selected and maintained to present the best cannabinoid profile with extremely high CBD. The extraction/processing facility, operated by CBD Global, is located approximately 40 minutes from the farm.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES