DEMAND BRANDS INC - DMAN STOCK NEWS

Demand Brands, Inc. (OTC PINK:DMAN) announced its engagement with EisnerAmper for auditing services related to its acquisition of CF3 SPV I, LLC. This transaction includes cannabis operating companies generating over $20 million in annual revenue. The audited businesses have established facilities in California and various distribution contracts. Following the completion of the transaction, Andy Colehower is expected to assume the role of CEO. This strategic move aims to strengthen Demand Brands' vertical integration in the cannabis sector.

Demand Brands, Inc. (OTC PINK:DMAN) announced a Letter of Intent to acquire CF3 SPV I, LLC's cannabis operating companies and intellectual property. This acquisition is an all-stock transaction expected to formalize by year-end, contingent on due diligence. The Businesses currently generate over $20 million in annual revenue and feature cultivation facilities in California. The LOI includes provisions for auditing and third-party valuations. Andy Colehower is anticipated to become the new CEO post-acquisition, enhancing the company's vertical integration strategy.

Demand Brands, Inc. (OTC PINK:DMAN) has secured a $5 million equity investment from a major Institutional Investment Fund. This agreement necessitates DMAN to conduct an audit of its financial statements and aim for SEC reporting compliance. An additional $5 million stock purchase option via warrants has also been granted. The company, recognized for its Lucky Chief cannabis brand, plans to expand its operations in California and Oklahoma. This investment is expected to enhance growth and validate DMAN's business model.

Demand Brands, Inc. (DMAN) has released a shareholder letter detailing recent business developments following its merger with the Viride Research Fund. The company reports initial revenues from limited retail operations, with expectations to generate $450,000 to $500,000 from current inventory. Plans include expanding product lines and entering the Oklahoma market through strategic acquisitions, enhancing cost efficiencies and growth. The company is negotiating capital raises and new executive hires to support these initiatives.

Demand Brands, Inc. (OTC PINK:DMAN) announced the launch of its subsidiary Pacific Technologies Group's first custom products under the brand Lucky Chief. The new offerings include Honey Dipped Hemp Rolling Papers and a Cannabis Grinder Jar, sold together as a package. The company aims to cater to consumer preferences for organic products, with a focus on quality. Additionally, Lucky Chief plans to white label the grinder jar for other cannabis companies and sell the products independently on its website, enhancing its market presence.

Demand Brands (OTC PINK:DMAN) announced a rescheduling of its presentation at the Emerging Growth Conference to July 21st at 12 pm EST, featuring CEO Ian Dixon. This interactive online event will provide insights into DMAN's strategic plans and foster real-time engagement with investors. The Lucky Chief brand, known for its cannabis products and vertically integrated operations since 2016, is highlighted. An archival webcast will be available for those unable to attend live.

Demand Brands, Inc. (OTC PINK:DMAN) announced key C-Suite additions with Jonathan Ditto as Chief Agricultural Officer for California and Oklahoma operations and David Baily as General Manager of Cultivation in Oklahoma. Ditto brings over 20 years of experience in cannabis breeding, while Baily has 14 years in large-scale cannabis production. The leadership is expected to bolster the company's national expansion strategy. Lucky Chief, the company's brand, focuses on cannabis and cannabinoids, operating a vertically integrated 'seed-to-sale' model since 2016.

Demand Brands, Inc. (OTC Pink:DMAN) announced its acquisition of Show Me State LLC - Cannabis Farm through its subsidiary Pacific Technologies Group. This deal encompasses all share classes and enhances DMAN's operational footprint in California and Oklahoma, targeting a combined estimated 2021E Adjusted EBITDA of $50 million. The acquisition positions DMAN for significant growth in the medicinal cannabis market and adds essential operational expertise and premium brands to its portfolio.

Demand Brands (OTC PINK:DMAN) announced the acquisition of Viride Research Fund, a significant player in the cannabis industry, through its subsidiary Pacific Technologies Group. In exchange for DMAN preferred and common stock, the company will gain access to Viride's THC Genetics Library and an Extraction Lab and Dispensary, enhancing its vertically integrated cannabis-focused operations under the brand Lucky Chief™. Ian Dixon will join as CEO, aiming to maximize the operational footprint and distribution network for long-term shareholder value.