JuJu Royal Archives - Green Market Report

Debra BorchardtOctober 6, 2017
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4min00

It’s been a big couple of weeks for Julian Marley’s company JuJu Royal (CSE: JUJU). The company announced earlier this week that it was teaming up with G FarmaBrands for distribution. G Farma’s subsidiary Finka Distributors will have the chance to get the JuJu Royal cannabis products into the company’s 1,000 dispensary’s it works with.

Now the company is announcing that it has partnered with Maricann Group (OTC:MRRCF) to cultivate and formulate the premium line of products. Maricann will offer the premium JuJu Royal line to its existing medical patients starting on January 1. The patients will initially have access to four of Marley’s designer strains of dry flower.

“We’re committed to producing all natural cannabis, marrying our vision for ‘A World of Good’ with Julian Marley to deliver a curated and unique experience to our patients, and soon, the broader market,” Ben Ward, CEO of Maricann said. “JuJu Royal is an exclusive line of products that leads the market in California and Colorado with carefully selected genetics, combined with solvent-free extraction, delivering the best cannabis has to offer.”

Marley is the son of the great, late reggae icon Bob Marley. He is a musician himself and also a devoted Rastafarian. His company had tried to partner with DropLeaf in 2016, but the partnership ran into problems and more recently merged with GEA Technologies, which is being renamed International Cannabrands.

G FarmaBrands through Finka Distribution will have the exclusive right to distribute cannabis products form JuJu Royal throughout Southern California for an initial term of three years. “As the California market moves into recreational regulated retail, we are eager to expand and distribute the most in-demand brands and products the industry has to offer,” said Nicole Gonzalez, Founder of Finka Distribution. There are some JuJu products already available in California, Washington, Colorado and Puerto Rico and the company has set its sights on Nevada too.
No doubt JuJu Royal and International Cannabrands are poised to grow quickly with the G Farma deal and now the Maricann deal. “Maricann is exactly the type of strategic partner we are looking for,” stated Jeffrey Britz, Chairman, and CEO of International Cannabrands. “Their core value of quality and commitment to the wellness of their customers aligns exactly with ours. They currently serve thousands of patients in Canada and have a vision to develop cannabis markets worldwide. We believe Maricann is uniquely positioned to capitalize on the adult-use cannabis market in Canada and are excited they have chosen us.”

Under the terms of the agreement, Maricann will have the exclusive right to cultivate, extract and distribute in Canada the JuJu Royal line of products that are currently offered in the United States. The agreement is set for five years.

Julian Marley added “JuJu Royal is freedom. I welcome Maricann to JuJu Royal, our vision is to heal the world with organics’ as the herb is the healing of the nation. It’s a pleasure to spread this love and joy together all because of this amazing plant.”


Cynthia SalarizadehSeptember 26, 2017
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5min00

As of Monday, September 25, 2017 the merger between Canadian-based GEA Technologies Ltd. and DropLeaf, the parent company for Julian Marley’s cannabis company JujuRoyal was completed. Under the symbol “JUJU”, the stock began trading on the Canadian Securities Exchange.

Immediately prior to and in connection with the Closing, the Company issued an aggregate of 11,902,439 Common Shares at a price of $0.05 per Common Share to raise gross proceeds of $595,122. The subscribers included a director of GEA who subscribed for 3,600,000 Common Shares. The shares will be subject to a four month hold period.

GEA will carry on business as International Cannabrands through its wholly owned Nevada subsidiary, International Cannabrands Ltd.  The Company will propose a formal name change to its shareholders at its next annual meeting to adopt the name of “International Cannabrands.”  Concurrently with the CSE listing, the Common Shares will be delisted from the NEX board of the TSX Venture Exchange.

Founder & President of the original DropLeaf and Julian Marley cannabis brands , Travis Belcher, expressed that he and his team were “excited to be part of the Canadian Securities Exchange. It is an honor.” He mentioned that this merger was particularly important because they made a strategic choice to go public in Canada because it “is a world leader for cannabis publicly traded companies.”  

“The elements that attracted GEA to DropLeaf, was the Julian Marley name both as an artist and activist within the cannabis culture a strong presence in the US cannabis market and the successful business history built on mergers and acquisitions with DropLeaf Co-Founder and CEO, Jeffrey Britz,” said Antonio Ruggieri, former President & CEO of GEA.  “We believe that International Cannabrands (GEA)  is in an excellent position to take advantage of the opportunities that have presented themselves. We are extremely happy with the approval of our CSE listing under the symbol “JuJu” and with the completion of the merger”

DropLeaf has the exclusive right to grant licenses for cannabis products under the Julian Marley. JuJuRoyal Ultra Premium Cannabis brand. The brand was created by Julian Marley, who is the son of the late Reggae music great Bob Marley. The son is a Rastafarian and musician like his father. Drop Leaf has raised $1.3 million in private capital since inception.

“This offering brings our ability to expand on a national and international level to an accelerated position in the marketplace,” said Jeffrey Britz, Chairman & CEO of International Cannabrands. “As cannabis is now the fastest growing emerging industry around the world, operational capital is critical at this time to build a portfolio that will see successful growth. Advancement throughout the space through positive collaborations, partnerships and acquisitions will now be the priority.” GEA is a technology company that will now have to dispose of its technology assets, a condition of a successful merger.

In an interview with Travis Belcher, he explained that the new company will be opening dispensaries and Julian Marley branded stores all throughout the United States and around the globe in the coming years. The brand will be present at the Marijuana Business Daily Conference in Las Vegas this November with the intention of expanding their licensing offerings.

Julian Marley and his JuJu Royal brand have been a staple in the cannabis industry and this public offering is yet another example of how far legal cannabis has come in the few short years that it has been somewhat free from the prohibition that restricted its capability.  


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