Phoenix, Arizona--(Newsfile Corp. - March 22, 2022) - The Stock Day Podcast welcomed Bhang Inc. (OTCQB: BHNGF) ("the Company"), a company that has delivered exceptional sensory experiences to consumers through its extensive portfolio of over 50 master-chef-created cannabis, CBD and terpene products including gourmet chocolates, pre-rolls, CBD isolate, and Hempsticks™ for over 12 years. CEO of the Company, Jamie L. Pearson, joined Stock Day host, Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects, "Bhang was born 12 years ago in Oakland, so we're one of the OGs in the cannabis space," shared Pearson. "We are known for our gourmet chocolate, but we're much more than that now," she said. "We are in seven states with our brand, and we are also the #1, #2, and #6 chocolate in Canada," said Pearson, adding that the Company has also signed an 11-state deal with Trulieve (CSE:TRUL) (OTCQX:TCNNF).
"Could you tell me about your experience in Barcelona?" asked Jolly. "The International Cannabis Business Conference asked me if I would give the keynote at their B2B conference the day before Spannabis started," explained Pearson, adding that the Company accepted the opportunity to rekindle distribution and manufacturing relationships in Europe. "We're starting to see the tipping point in Europe where cannabis is where America was 7-8 years ago."
"We have a partnership with Jim Belushi of Belushi's Farm," continued Pearson, adding that Belushi was also a significant part of the conference. "Europe is ripe; everybody is ready for cannabis there," said Pearson. "There were legislators, politicians, bankers, cultivators, and different people in the marketplace who showed up at the conference just wanting to be present for what is a historic moment in the evolution of cannabis and hemp in Europe."
The conversation then turned to the difficulties facing cannabis companies with regard to banking and legislation. "I expect some form of banking relief to come this year," shared Pearson. "All indications show that there is support for that on both sides of the aisle," she said. "I believe banking is the first milestone before we will see federal legalization come our way."
"Where does Bhang go from here?" asked Jolly. "You have to invest forward, and cannabis is a long-term hold," said Pearson. "We are in seven states, with agreements in place to grow that to 18 states, and we have to navigate 18 states' worth of legislation," she explained. "We are here fighting the good fight and making sure that people have access to cannabis," said Pearson, noting the significance of the benefits of cannabis in states where it is legal.
"We're going to be part of a bigger play. We are a brand; we are not vertically integrated, we do not touch the plant," she continued, adding that the Company has the potential to be purchased in the future or for a merger. "Once the future is really self-evident about what's in Bhang's best interest and in our shareholders' best interest, we are going to make a very good decision because that is the hallmark of how Bhang has always operated."
To hear Jamie Pearson's entire interview, follow the link to the podcast here: https://audioboom.com/posts/8052291-bhang-inc-ceo-jamie-l-pearson-discusses-icbc-barcelona-keynote-and-bhang-s-future-with-the-sto
Bhang (CSE: BHNG) (OTCQB: BHNGF) is committed to making the fairly enjoyable ridiculously fun. For over 12 years, Bhang has delivered exceptional sensory experiences to consumers through its extensive portfolio of over 50 master-chef-created cannabis, CBD and terpene products including gourmet chocolates, pre-rolls, CBD isolate, and Hempsticks™. Bhang's highly-awarded chocolates are among the top-selling edibles in seven U.S. states and Canada. Bhang's CBD products are globally distributed and are known for being safe, efficacious and delicious. Learn more at www.bhangnation.com and purchase our high-quality CBD products at www.bhangcbd.com.
This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward-looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) statements regarding the future direction of the Company; (ii) the ability of the Company to successfully achieve its business and financial objectives; (iii) plans for expansion of the Company into new jurisdictions; and (iv) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; in particular, in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and hemp products in the markets that the Company operates in; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; the cannabis market is highly regulated and those regulations and enforcement priorities of governmental authorities may change; compliance with extensive government regulation and related costs; and other risks described in the Company's filings on www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States or to any "U.S. Person" (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
Neither CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Jamie L. Pearson
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