NBA Icon Gary Payton Launches ‘General Principle’ Brand in Association with BC Craft Supply Co


Ryan Allway

July 20th, 2021

News


VANCOUVER, British Columbia, July 20, 2021 (GLOBE NEWSWIRE) — Feelwell Brands Inc., a subsidiary of BC Craft Supply Co Ltd, (CSE: CRFT) (“CRFT” or the “Company”), a diversified wellness company advancing cannabinoid and psychedelic innovation and psychotherapy, and Payton’s Place LLC, (“Payton’s Place”) today announced the launch of ‘General Principle’ an athletic wellness brand, co-founded by nine-time NBA All-Star and sports icon Gary Payton.

The new General Principle collection features performance-inspired cannabis products, driven by natural food ingredients, medicinal herbs and supplements, and premium cannabis and hemp extracts. The result is a series of functional, sports-oriented cannabis products designed to taste great, feel great, and be effective.

 

“I believe in the power of cannabis and the tangible impact it can have on your health – particularly in terms of pain management, athletic recovery, and sports trauma. As an ex-pro athlete over the age of 50, I was inspired to create a line of products that every athlete can use as part of their fitness and recovery programs, and be confident in the results,” said Gary Payton. “Having been involved in all aspects of bringing this new brand to life, from the unique formulations to the packaging, I couldn’t be happier to bring General Principle to the US market.”

 

The brand launch provides CRFT with a robust platform to enter the sports nutrition, recovery, and hydration segments; and lays the groundwork for the adoption of Tetrahydrocannabinol (“THC”) in product offerings in the state of California, and Cannabidiol (“CBD”) under federal regulations, including products to be sold in the U.S. containing CBD sourced from federally permissible industrial hemp.

 

“I have a deep admiration for Gary Payton for what he has been able to accomplish in his impeccable sports career, as well as the United States cannabis industry,” said Matthew Watters, CEO of CRFT. “We have always been committed to advancing cannabinoid innovation, which is why we’re incredibly excited to launch a craft quality, purpose-driven brand with Gary Payton, someone we know consumers trust for his ambition and relatability.”

 

General Principle’s product lines target both licensed THC markets in California, and National Direct to Consumer (D2C) Hemp CBD markets starting December 2021.

 

“The use and acceptance of both THC and CBD-based products in the professional sports landscape have dramatically changed in recent years and will continue to do so. We have witnessed the negative effects of opioids and prescription painkillers, and recognize that athletes are looking for healthier alternatives,” says Sorell Raino-Tsui, Vice-President of CRFT subsidiary, Feelwell Brands. “Partnering with Gary and the Payton’s Place team is a major step in addressing cannabinoid markets in the United States, and we can’t wait to share more details on the launch of General Principle very soon.”

 

About BC Craft Supply Co LTD.

BC Craft Supply Co Ltd. is a diversified wellness company advancing cannabinoid and psychedelic innovation and psychotherapy. The Company offers a reimagined vision for craft markets through collaboration, expertise, and adaptation. Its operations include:

  • CRFT a curator and aggregator of craft cannabis, providing advocacy and access for premium small-batch growers to Canada’s cannabis market;
  • Medcann Health Products – a cultivation and processing facility in Chemainus BC;
  • Feelwell Brands, a successful cannabinoid brand house licensed in the state of California; and
  • AVA Pathways a pre-clinical biotech company focused on neuroplasticity and mental health applications using psilocybin and compounds derived from mushrooms.

BC Craft works with local artists cross-sector and remains fervently committed to keeping the art, technique, and purity of their pursuit.

Follow @BC_Craft on Twitter for the latest updates.

 

About Gary Payton and Payton’s Place LLC

Gary Payton is a former professional basketball player, nine-time NBA All-Star, business mogul, cannabis celebrity, and icon. Nicknamed “The Glove” for his defensive abilities, Payton is a 2-time Olympic Gold Medalist (1996, 2000), and was inducted into the NBA Basketball Hall of Fame in 2013.

 

Founded by Gary Payton, Payton’s Place LLC is a company dedicated to cannabinoid innovation and therapeutics in the United States. The company and Gary are well recognized in the United States cannabis industry, and are known for high-quality, high-potency craft grade flower. In 2019, renowned brand and retail giant ‘Cookies’, launched a licensed strain with Gary Payton (Gary Payton Cookies) which remains one of the top strains in the state of California in 2021; and elevated Gary to tier one notoriety within the cannabis community. With potent effects and an average THC level of 25%, Gary Payton’s strain is often chosen to treat those suffering from conditions such as headaches or migraines, pain, chronic stress, anxiety, depression and ADHD.

 

THE CANADIAN SECURITIES EXCHANGE (THE “CSE”) HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE. NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements include, but are not limited to, the anticipated timing of the official launch of the Company’s new product lines.

 

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Ascent assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

 

For further information: 
Matthew Watters, CEO, and Director
Phone: (604) 687-2038.
Email: [email protected]

BC Craft Supply Co. Ltd.
SUITE 810 – 789 West Pender Street
Vancouver, British Columbia
V6C 1H2

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading