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Hannover House Offers First Look at New Cowboys of Cannabis Reality TV Series


From "Reservation Dogs" to "Tiger King," audiences worldwide have been enthralled with some of the eccentric and colorful characters living in Oklahoma. But nothing has prepared TV viewers for the insanity of the "Cowboys of Cannabis" a behind-the-scenes Reality TV series about the characters and antics that have spawned a billion-dollar Marijuana industry in Oklahoma.

In less than three years, the marijuana market in Oklahoma has exploded into a modern-day version of the Oklahoma Land Rush. With loose restrictions on consumer access and even easier requirements for business licensing, would-be entrepreneurs have flocked into Oklahoma to stake their claims. From fry-cooks into millionaires, the "Cowboys of Cannabis" chronicles the explosive growth of this industry and the bigger-than-life players who have built businesses and fortunes almost overnight.

"This is such an amazing story," said Eric Parkinson, Executive Producer. "It's like the tech boom of the 1990s except instead of computers, the financial rewards are going to those who have the best marijuana strains, delivery means, or retail outlets. The characters in the series are outrageous, mesmerizing, and sometimes just plain wacky. We think audiences are going to love this show," he concluded.

The "Cowboys of Cannabis" series focuses on twelve principal players in the industry, from growers and distributors to retailers. A first look sneak peek reel has been temporarily posted to IMDb, to give viewers a tease to the flavor of this incredible new show:

First Look Teaser Reel Via IMDb Link:


Chris Large, President of One-Eleven Productions, Inc., is the creator, producer, and principal director of the series. Large is a member of the Cherokee Nation. The announcement of a USA network/cable broadcast partner for the series is expected later this month.

For more information contact: 
Eric Parkinson
818-481-5277


Resolution of Legal Obstacles Clears Path for Hannover House Registration Filings


Hannover House, Inc. (OTC PINK: HHSE) projects a short timeframe for the release of the company's long-awaited Form 10 Registration with the Securities and Exchange Commission, announced C.E.O. Eric Parkinson. The final remaining legal matter is scheduled to be addressed by corporate counsel through motions to be filed in California within the next two weeks, which will clear the path for the release of the company's registration statement. All three of the legal issues that had impacted the company's registration filing were "foreign default judgments" that occurred during the timeframe in 2018 that former HHSE President Fred Shefte was hospitalized and non-responsive to court deadlines.


"We see a quick resolution for this final legal matter," said Parkinson. "But we are not required to wait for the court to rule on final adjudication. We merely needed to show that the company has presented and filed strong responses. This will enable us to release the Form 10 registration and the companion filing of the S1 offering statement and implement our two-tiered business plan," he continued.

Hannover House, Inc. will be launching a new multi-studio streaming service, MyFlix, as well as developing major feature productions with proceeds from a proposed S1 offering that will occur immediately after the filing of the Form 10 Registration with the Securities and Exchange Commission. The company will be offering 30-million shares at $.05 each initially, and 30-million more shares at $.08 as part of a three-tranche S1 offering to qualified investors. Hannover House has been in communication with major investors and media companies and feels that there is strong support for the full subscription of these first two rounds of the S1.

The launch of the MyFlix service requires a significant investment in consumer advertising and publicity which the company plans to finance with proceeds from the S1 offering. Accordingly, resolution of the legal issues impacting the filing of Form 10 and S1 has been a priority for management over the past six months. Hannover House, Inc. has also been in the development of a slate of high-end feature film productions, including two announced titles, "Meltdown" and "The Legend of Belle Starr." Although the production costs for these (and other) major features are being funded through presales and incentives, the company intends to allocate a portion of S1 proceeds for feature film development costs.

In other HHSE news, the company's first facilitated production, "WILDFIRE: The Legend of the Cherokee Ghost Horse" is now well into editing and post-production, having wrapped principal photography in South Texas earlier this month. Filming on the Pilot of the upcoming reality TV series, "Cowboys of Cannabis" was completed last week, and pre-production was launched for the spring 2022 major feature of "The Legend of Belle Starr." A full revamp of the company's website is also underway to update these and other projects and to refocus on the company's business model of original productions and the MyFlix portal.

For the past twenty years, the primary business model for Hannover House was to distribute DVDs and BluRay units of independently produced feature films. As the market shifted away from physical units in favor of direct-to-home streaming, Hannover found the physical DVD business to be more problematic than profitable and began moving resources into the streaming arena with the MyFlix portal concept. Contemporaneously, as the market has evolved to favor bigger budget features with major stars, the company has been developing original productions that will generate operating income, long-term profits and serve as high-end locomotive titles.

"We are on the front line of the two most lucrative business sectors of the entertainment industry," said Parkinson. "Direct-to-consumer streaming via MyFlix offers higher-margin, faster cash flow than the physical home video model. And the major feature productions will provide overhead, asset growth and long-term profitability. The next few weeks will set up the company for a very exciting growth phase in these lucrative arenas and we are excited to deliver these results to our shareholders," he concluded.

For more information contact:

Eric Parkinson
818-481-5277

SOURCE: Hannover House, Inc.




The USATODAY article is part of the company’s aggressive marketing strategy in educating investors about the company. The article entitled “OMHI announces multi-service, on-demand platform #DoGetGo for the Caribbean”


Vendors and their customers in the Caribbean Islands are about to get more connected through DoGetGo, an exciting app that will make the exchange of essentials in the region faster and more convenient.

The app will be supported by OM Holdings International Inc.’s (OTC: OMHI) patent-pending technology, which will onboard multiple types of providers on a single platform. OMHI will leverage its brick-and-mortar retail stores to serve as hubs while allowing businesses, such as taxi companies, grocery stores, restaurants, doctors, and babysitters, to onboard for free and offer their own products and services on demand. In return, OMHI will earn a small commission from each successful transaction. By bringing together a large array of vendors, OMHI ultimately envisions using its technology to become the go-to app for goods and services in the Caribbean, which overwhelmingly does not have access to Amazon Prime or on-demand services.

What is DoGetGo?

At the center of OMHI’s technology will be the app DoGetGo, which will combine three facets of the on-demand experience into one convenient location. 

Do: Users will be able to request that someone does something for them. The job could be as simple as picking up dry cleaning or as complex as replacing a roof. The involved parties will be able to negotiate the price with each other and agree on the terms.

Get: Users will be able to request that a person gets them something. For example, if a person is ill and needs food, they can request that someone go to the pharmacy and pick up their medication for them. All prices will be agreed upon by the parties.

Go: Users will be able to request transportation when they need to go somewhere. Taxis, private cars, boats — transportation providers of any type will be able to onboard and offer their services at prices determined by them.

Anticipated success

DoGetGo is expected to become popular in the Caribbean because of the success of Indonesia’s Gojek, whose technology model is currently valued at $1.3 billion and is similar to OMHI’s platform. Gojek has been widely adopted in the Asian market, whose consumer proclivities are similar to those of the Caribbean market. Due to this, OMHI hopes that DoGetGo will rapidly become the app many people in the region used for the exchange of goods and services.

OMHI believes DoGetGo has strong potential in the United States market as well. With a successful rollout and adoption in the Caribbean, regular tourism from the U.S., and an absence of a Gojek app in the U.S. market, OMHI believes that it is possible that DoGetGo may one day be ubiquitous in the U.S.

The companies behind the technology

The innovative technology created by OMHI is the result of the fusion between Rydeum, an on-demand technology platform founded by Mark Hannah in 2019, and OneMart, founded by Mark Vanterpool, now the British Virgin Islands’ second-largest grocery.

OneMart has supplied the BVI with groceries, home goods, electronics, furniture, and some building supplies for 35 years. It also sells wholesale products to restaurants and hospitality venues and caters to retail customers. OneMart was acquired by OMHI in the third quarter of 2020, and Vanterpool and Hannah will use the store’s locations as distribution centers for DoGetGo orders.

As OMHI’s technology subsidiary, Rydeum Caribbean Inc. will power DoGetGo and is also working to onboard businesses. In 2021, Rydeum partnered with Jamaica’s largest taxicab union, which has 12,000 drivers. This segment will provide rideshare, an online grocery shopping-like platform that will uniquely satisfy the needs of local on-demand economies in the Caribbean.

The effect for people in the Caribbean

OMHI’s DoGetGo will improve the flow of goods and services in the Caribbean. Delivery times will be shortened, people will have more job opportunities, and the islands will become more interconnected. As OMHI prepares to bring its app to the public, this is very good news indeed for the nearly 44 million people who live there.



IONIC Brands Corp. Announces Record Sales of US$8.3 Million in Second Quarter 2021


Release Highlights Record High Revenue for Second Quarter 2021

(Expressed in US dollars, unless otherwise stated)

  • Record Q2-2021 sales revenues of $8.3M and realized $1.3M in gross profit representing a 16% gross margin for the second quarter 2021, a 1.2% decline on quarter-on-quarter growth due to our combined B2B wholesale business and entrance into the sales of lower margin flower sales compared to our concentrate segments.

  • Record H1 sales revenues of $12.5M which exceeds the entire fiscal year of 2020 revenues by $3.5M, representing a 40% increase in revenue YTD

  • The Company maintains its target on baseline revenues of over $28 million for annual 2021.

IONIC BRANDS CORP. (CSE: IONC)(OTC PINK: IONKF)(FRA: IB3A) ("IONIC BRANDS'' or the "Company") a regional manufacturer of innovative cannabis consumables and concentrate extract products, is pleased to report financial results for the three and six month periods ended June 30, 2021.

For further information on the financial results of the Company, please review the Company's unaudited condensed consolidated interim financial statements (unaudited) and the accompanying MD&A available under the Company's profile on www.SEDAR.com.

John Gorst, CEO of Ionic Brands, commented, "We made a commitment to our shareholders that we would improve the Company's balance sheet and financial performance, and we recently released June 30, 2021 results reinforce that commitment. After Ionic Brands' record revenue growth this quarter and a first-half total revenue that exceeds 2020 fiscal year total revenues by 40%, we are achieving what we set out to do for our shareholders. Total revenues have also exceeded US$12 million for the first 6 months of 2021"

"Our improved top-line and bottom-line results, both year over year and sequentially, were primarily driven by modifications to operations related to our continued goal to drive down manufacturing costs and increase overall operating efficiency in the Washington and Oregon markets. While we are pleased with this quarter's progress, we have clearly laid a path to further enhance our financial performance by continuing to reduce operating expenses and remain hyper-focused on increasing gross margin revenues, improve our cash flows and reach profitability."

Financial Highlights:

  • Revenue for Q2-2021 was $8.3 million, compared to $2.9 million in Q2-2020 and $4.1 million in Q1-2021. The primary driver of the year-over-year growth was the Company entering the flower segment of the cannabis industry with the acquisition of the Cowlitz County Cannabis brand assets, which closed on March 5th, 2021. Furthermore, our growth was driven by the successful launch of new products in both the Washington and Oregon markets.

  • Adjusted EBITDA was ($964.4K) in Q2-2021, compared to ($5.4 million) in Q1-2021, representing a significant improvement of approximately $4.4 million quarter over quarter. The reduction of the Adjusted EBITDA loss is primarily attributable to an increase in overall gross margin revenue. The Company remains committed to prudently managing its operating expense on its mission to improve efficiency throughout the organization.

  • Revenue increased to $8.313 million in the second quarter of 2021, as compared to $4.199 million in the first quarter of 2021, representing a 98% increase. This strong quarter-over-quarter growth was driven primarily by the closing of the Cowlitz County Cannabis (CCC) brand asset acquisition on March 8th of 2021, where the Company acquired 6 additional brands, increasing our total portfolio size to 11 brands in the Washington and Oregon markets.

  • Gross margin revenue was 16.2% in the second quarter of 2021 compared to 17.3% in the first quarter of 2021. The 1.1 basis point reduction quarter over quarter is due to the mix of revenue earned in the quarter. New, lower margin streams of revenue came online during Q1 and continued in Q2 from the CCC acquisition, as well as business-to-business wholesale brokerage sales. The Company expects gross margin revenue will continue to increase in Q3 and beyond due to a mix of the higher-margin product (Concentrates i.e. oil-based products) sales from retail sales and the addition of Ionic Brands' dedicated wholesale partners lowering input costs from the use of contract raw material partners are expected. Furthermore, quarter-on-quarter margin improvement is expected in subsequent quarters of 2021, as biomass yields increase from the Company's exclusive licensed partner-operated assets and further consolidation of purchasing services between CCC in Washington combine to lower raw material input costs for their combined operations.

Operational Highlights:

  • During the first half of 2021 year, the industry experienced aggressive pricing from various competing brands at local retail stores trying to gain market share. The Company's strategy is to maintain pricing to the retail stores, creating price stability to the end-consumer while capturing more significant gross margin revenue. The Company will maintain this pricing strategy by focusing on our premium product lines. As competition thins out and cannabis markets mature, that stabilization of wholesale pricing to retail stores will become the norm. Conversely, the Company further understands the delicate balance between margin enhancement and gaining additional market share, which we monitor monthly and adjust our strategy as required

  • Ionic Brands commenced operations from its newly leased 46,000 square feet facility in June 2021. This manufacturing footprint managed by the Company's exclusive licensed partners will allow the Company to increase its manufacturing output by six times, resulting in increased revenues and margin performance. Due to our recent investments in infrastructure, inventory, and manufacturing equipment, we are beginning to see improved operating leverage throughout the organization. Overall, we continue to execute our growth strategy in 2021. We are excited to build on our momentum from this quarter's results and are already seeing improved operating performance evidenced by continued expansion of our retail distribution network and production and manufacturing footprint.

  • At the beginning of Q2 of 2021, as world economies began to reopen from the COVID pandemic, the Company experienced severe bottlenecks in its supply chains in all product categories as we ramped up sales and inventory production. Raw materials for our Zoots edibles line and packaging for all products experienced a significant increase in lead times by as much as four times. While we continue to manage through this headwind, we saw slower sell-through in retail stores due to our less eco-friendly packaging, which is important to our more eco-conscious cannabis consumers in the Pacific Northwest markets, again slowing top-line revenue growth by as much as 17%. Subsequent to the end of the quarter, we are now in total production with newly designed eco-friendly packaging, and we expect to see an improvement to our sell-through in our retail partner stores, which should result in an immediate increase in top-line sales. The launch of our direct-to-consumer CBD site is delayed due to a certain ingredient for our NRG-CBD energy shot not being readily available. Our new projected launch date is September 15th, 2021. Additionally, the company continues to face challenges in securing labor in both our manufacturing and administrative job openings. As of this quarterly update, there has been no material impact on our ability to meet our manufacturing demand, however, as sales continue to increase the Company will exceed its labor capacity as it relates to manufacturing output. The Company has taken immediate action to raise hourly pay rates to attract more talent which may have a negative impact on gross margin revenue.

  • In Oregon, the Company closed the acquisition of the "OPS" facility on June 16th, 2021, a fully licensed and equipped manufacturing facility in Estacada, Oregon, which now gives Ionic Brands complete operating control over the manufacturing and distribution of our products in the Oregon market. The acquisition of the Oregon facility will allow us to produce up to 3.4 million units per year, which is expected to increase annual revenues in the Oregon market to $12 million by mid-2023, with a projected 4% - 7% increase in gross margin revenue due to improved operating efficiencies. Our excitement and optimism remain strong as we broaden the horizon of IONIC BRANDS 2.0. Direct ownership of a license and state-of-the-art facility will provide a platform for our highly experienced team to propel sales of our portfolio of well-known products to new heights in the Oregon Cannabis Market.

  • Our partner, The Pass, who operates in the Massachusetts market, continues to work towards its goal of having Ionic Brands products on store shelves by the end of Q3. The Company has successfully launched The Pass's product line in the Washington market, extending Ionic Brands' product portfolio. We continue to pursue similar licensing agreements in other limited-license states.

Key Performance Indicators:

The Company realized consistent growth within its concentrates business line with 344,366 Ionic-branded units sold during Q2 of 2021 (an increase of 25%) compared to 276,298 branded units sold in Q1 of 2021; Furthermore, with the entry into the flower sales segment, through the acquisition of the Cowlitz County Cannabis (CCC) brand assets on March 8th, 2021, the license holder and the Company combined to market and sell 1,096,666 units of a packaged flower. The total number of branded units sold in the second quarter was 1,441,032 (an increase of 422%) over the total number of branded units sold in Q1 2021 of 276,298, substantially increasing our overall brand exposure to the end-consumer in the northwest markets.

In the B2B wholesale business unit, the license holder and the Company combined to sell 4,999,422 units (grams) of biomass in Q2 of 2021, increasing 24% over Q1 2021 total units sold of 4,030,641. This strategic business unit provides a greater supply of raw materials at a lower cost, contributing to improved gross margins in our flower and concentrates segments while ensuring that the Company has a secure and adequate supply of raw materials for our manufacturing partner to make and deliver its concentrates and flower products efficiently to the market.

About Ionic Brands Corp.

The Company is dedicated to building a regionally based multi-state consumer packaged goods company with a highly respected cannabis concentrate brand portfolio with strong roots in the premium and luxury segments of vape, concentrates, flower and consumables. The cornerstone Brand of the portfolio, IONIC, is a top concentrates brand in Washington State along with its economy brand Fabulous and has aggressively expanded throughout the Pacific Northwest of the United States. The brand is currently operating in Washington and Oregon. IONIC BRANDS' strategy is to be the leader of the highest-value segments of the cannabis market.

On behalf of IONIC BRANDS CORP.

John Gorst

Chairman & Chief Executive Officer

For more information visit www.ionicbrands.com or contact:


+1.253.248.7927

To stay better informed on the current events of the company, you can join our investor community at https://www.ionicbrands.com/investor-community


News Out: $MMMW Mass Megawatts Reduced Torque Requirements Based on Recent Testing for its Solar Tracker. Further Cost Reductions Can Be Achieved


Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) recent testing on a small solar tracker unit has demonstrated that the tracker motor was substantially more powerful than required to move the tracker through the day.  For example, a motor with only one-third of an amp was required on the small unit which currently has a motor with 2.4 amps.  The patent-pending solar tracker is designed to increase the power output of a solar project by more than 30 percent for less than 10 percent additional cost.

Meanwhile, Mass Megawatts is taking note of the high-growth market for solar trackers. The use of solar trackers is known to reduce the cost of solar-powered electricity. The global demand is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a lower-cost product than the trackers marketed by other solar tracker companies in this high-growth segment of the solar energy market.  A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.    

The patent-pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to improve solar-energy production while and at the same time reduce material and installation costs. The patent-pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to automatically adjust the position of solar panels throughout the day to receive an optimal level of direct sunlight. Unlike other solar tracking technologies, the Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while also improving energy production levels. The STS also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce wind-related stresses and system downtime. The STS allows Mass Megawatts to lower material costs and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts can deliver more solar power production at a price similar to lower-capacity, stationary systems.

With its patent-pending, Solar Tracking System and Wind Electric Power Generation system and very little debt. Mass Megawatts believes it is well-positioned for expanded production and supporting its revenue generation goals in the longer term.

Product information and sales inquiries can be made through the company’s contact page at www.massmegawatts.com and the e-mail address on the Website.

This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein is the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power.

Contact:

Mass Megawatts Wind Power, Inc.