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The Latest News

Humble & Fume Inc. Announces Private Placement of Convertible Debentures for Gross Proceeds of Approximately $2 Million

June 1, 2023

Toronto, Ontario – June 1, 2023 – Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading distributor of cannabis and cannabis accessories in North America, announces today its intention to complete a non-brokered private placement of approximately 2,000 convertible debenture units of the Company (the "Debenture Units") at a subscription price of C$1,000 per Debenture Unit, for aggregate gross proceeds of approximately C$2,000,000 (the "Offering").

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All Press Releases

The latest official Humble & Fume Inc press releases.

June 1, 2023

Humble & Fume Inc. Announces Private Placement of Convertible Debentures for Gross Proceeds of Approximately $2 Million

Toronto, Ontario – June 1, 2023 – Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading distributor of cannabis and cannabis accessories in North America, announces today its intention to complete a non-brokered private placement of approximately 2,000 convertible debenture units of the Company (the "Debenture Units") at a subscription price of C$1,000 per Debenture Unit, for aggregate gross proceeds of approximately C$2,000,000 (the "Offering").

May 11, 2023

Humble & Fume Inc. Announces Financial Results for Third Quarter Fiscal 2023 Significant Improvement in Reducing Operating Expenses and Increase in Gross Margins

TORONTO, May 11, 2023 /CNW/ - Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading distributor of cannabis and cannabis accessories in North America, announced its financial and operating results for the third quarter of fiscal 2023 ended March 31, 2023. The Company made significant progress toward achieving its goals and recorded several improvements in its operations, including reduced operating expenses and increased gross margins.

April 25, 2023

Humble & Fume Announces Appointment of Chris Candelario to Newly Created Role President of US Distribution & Departure of Charlie Cangialosi

TORONTO, [April 25, 2023] /CNW/ - Humble & Fume Inc. (CSE: HMBL/ OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today announced the appointment of Chris Candelario as the President of US Distribution effective April 26, 2023, and the departure of Charlie Cangialosi, VP of Commercial for the California market from the company.

March 1, 2023

Green Acre Capital Distribution Corp. Makes an Additional Investment of US$2 million, increasing its interest in the US Distribution Joint Venture to 50%

Toronto, Ontario – March 1, 2023 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that Green Acre Capital Distribution Corp. (“Green Acre”) has invested a further US$2 million in HC Solutions Holdings Inc. (“HCI”), a joint venture company established by Humble and Green Acre for the purpose of distribution of cannabis, initially focused on accelerating the Company’s expansion into cannabis distribution operations throughout the United States in California. As a result of this additional investment, Green Acre’s ownership interest in HCI increases from 45% to 50%, with the other 50% owned by Humble.

February 23, 2023

Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2023 New Leadership Team is Focused on Accelerating Growth and Margin Enhancement

Toronto, Ontario – February 23, 2023 ─ Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, today reported its second-quarter fiscal 2023 (“Q2 2023”) financial and operating results for the six and three months ended December 31, 2022.

January 12, 2023

Humble & Fume Announces Chief Executive Officer (CEO) Transition

TORONTO, January 12, 2023 /CNW/ - Humble & Fume Inc. (CSE: HMBL/OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today announced that current Chairman of the Board Jakob Ripshtein has been appointed Chief Executive Officer effective January 13, 2023. He replaces Joel Toguri, who is stepping down as Chief Executive Officer to pursue other career opportunities.

December 5, 2022

Humble & Fume Announces Chief Financial Officer (CFO) Transition

TORONTO, December 5, 2022 /CNW/ - Humble & Fume Inc. (CSE: HMBL /OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today announced that Matthew Mackay has been appointed the Chief Financial Officer effective December 5, 2022. He replaces Graham Meneray, who is stepping down as Chief Financial Officer to pursue other career opportunities.

December 1, 2022

Humble & Fume Inc. Announces Voting Results of Annual General Meeting of Shareholders

Toronto, Ontario – December 1, 2022─ Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor for cannabis and cannabis accessories, is pleased to announce the detailed voting results for the 2022 Annual General Meeting of Shareholders (the “Meeting”), held on November 30, 2022.

November 29, 2022

Humble & Fume Inc. Announces Financial Results for First Quarter Fiscal 2023

TORONTO, November 29, 2022 /CNW/ - Humble & Fume Inc. (CSE: HMBL/ OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today reported its first quarter fiscal 2023 (“Q1 2023”) financial and operating results for the three months ended September 30, 2022.

October 13, 2022

Humble & Fume Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results

TORONTO, October 13, 2022 /CNW/ - Humble & Fume Inc. (CSE: HMBL/ OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today reported its financial results for the fiscal 2022 fourth quarter and year ended June 30, 2022.

October 11, 2022

Humble & Fume Announce Addition to the California Cannabis Commercial Team

TORONTO, [Oct. 11, 2022] /CNW/ - Humble & Fume Inc. (CSE: HMBL) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and robust fulfillment infrastructure, today announced the hiring of Charlie Cangialosi, VP of Commercial for the California market.

September 13, 2022

Green Acre Capital Distribution Corp. Makes an Additional Investment of US$6 Million, Increasing Its Interest in the US Distribution Joint Venture to 45%

Toronto, Ontario – September 13, 2022 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that, further to the Company’s press releases of November 15, 2021, and April 25, 2022, it formed HC Solutions Holdings Inc., a Joint Venture (“JV”) with Green Acre Capital Distribution Corp. (“Green Acre”), for the purpose of distribution of cannabis, initially focused on accelerating the Company’s expansion into cannabis distribution operations throughout the United States in California. Subsequent to the formation of the JV, Green Acre previously completed a US$2 million investment directly in the JV and is now investing a further US$6 million into the JV to increase its ownership interest to 45%. Green Acre has funded its investment through an option agreement with Johnson Brothers, a leading wine, spirits, and beer distributor in the United States. Further information on the JV, Green Acre and Johnson Brothers is set out in the Company’s November 15, 2021, and April 25, 2022 press releases.

September 9, 2022

Humble & Fume Inc. Announces Closing of $2,000,000 Revolving Credit Facility

TORONTO, September 9, 2022 /CNW/ - Humble & Fume Inc. (CSE:HMBL, OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, is pleased to announce it has entered into a new revolving credit facility pursuant to the terms of a loan agreement that provides for a $2,000,000 secured revolving credit facility (the "Credit Facility").

September 8, 2022

Humble & Fume announces exclusive sales and distribution deal with industry-leading cannabis brand Cookies

TORONTO, September 8, 2022 /CNW/ - Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor of cannabis and cannabis accessories, is pleased to announce an exclusive distribution deal in the state of California with the industry's leading cannabis brand Cookies. The deal is a continuation of Humble’s ongoing commitment to expansion efforts and will help Cookies products scale throughout California.

June 30, 2022

Humble & Fume Inc. Announces Voting Results of Annual General Meeting of Shareholders and Welcomes New Independent Director Mark Hubler to the Board of Directors

Toronto, Ontario – June 30, 2022 ─ Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor for cannabis and cannabis accessories, is pleased to announce the detailed voting results for the 2021 Annual General Meeting of Shareholders (the “Meeting”), held on June 29, 2022, which includes the election of Mark Hubler to the Board of Directors.

May 26, 2022

Humble & Fume Inc. Announces Financial Results for Third Quarter Fiscal 2022 and Aggressive Launch Strategy into California

Toronto, Ontario – May 26, 2022 ─ Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), the leading North American distributor for cannabis and cannabis accessories, today reported its third-quarter fiscal 2022 (“Q3 2022”) financial and operating results for the three and nine months ended March 31, 2022.

April 28, 2022

Humble Cannabis Solutions Announces Exclusive Agreement with LEUNE

Toronto, Ontario – April 28, 2022 ─ Humble & Fume Inc. (CSE:HMBL, OTCQX: HUMBF) (the “Company”), a leading North American distributor of cannabis and cannabis accessories, is excited to announced that its subsidiary Humble Cannabis Solutions (“Humble”) has signed an exclusive sales agreement with LEUNE, one of California’s premier cannabis lifestyle brands. Through the agreement, Humble will be responsible for exclusive sales representation for LEUNE branded products across the California market, with a focus on generating new listings, trade marketing services, promotional services, and commercial planning support.

April 25, 2022

Humble & Fume Inc. Establishes Joint Venture to Build Leading North American Cannabis Distributor

Toronto, Ontario – April 21, 2022 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that, further to the Company’s press release of November 15, 2021, it has formed HC Solutions Holdings Inc., a Joint Venture (“JV”) with Green Acre Capital Distribution Corp. (“Green Acre”), for the purpose of distribution of cannabis throughout the United States, initially focused on accelerating the Company’s expansion into cannabis distribution operations in California. Subsequent the formation of the JV, Green Acre completed a US$2 million investment directly in the JV. Green Acre has funded its investment through an option agreement with Johnson Brothers, a leading wine, spirits and beer distributor in the United States. Further information on the JV, Green Acre and Johnson Brothers are set out in the Company’s November 15, 2021

April 20, 2022

Humble & Fume Inc. Provides Update on California Expansion and Signs Exclusive Distribution Agreement with leading California Brand, Canndescent

Toronto, Ontario – April 20, 2022 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (the “Company”), a leading North American distributor of cannabis and cannabis accessories, is excited to announce that its subsidiary Humble Cannabis Solutions (“Humble”) has officially begun operations in the California market and signed an exclusive distribution services agreement with leading California brand house, Canndecent Brands, which includes Canndescent, VOLCANNX, goodbrands, Baker's Cannabis Co. and JUSTICE JOINTS.

February 28, 2022

Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2022

Toronto, Ontario – February 28, 2022 ─ Humble & Fume Inc. (CSE: HMBL, OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, today announced its financial and operating results for the three and six months ended December 31, 2021.

December 22, 2021

Humble & Fume Inc. Enters Exclusive Sales Representation Agreement with Galaxie Brands Inc. for the Commercialization and Distribution of Wyld Cannabis Edibles in Canada

Toronto, Ontario – December 22, 2021 ─ Humble & Fume Inc. (CSE:HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that its subsidiary Humble+ Cannabis Solutions (“HCS”) has entered into an exclusive sales representation agreement with Galaxie Brands Corporation (“Galaxie”), a subsidiary of The Green Organic Dutchman Holdings Ltd. (“TGOD”) for the commercialization and distribution of Wyld cannabis edibles in Canada.

December 7, 2021

Humble & Fume Inc. Announces the Commencement of OTCQX Market Trading Under the Symbol HUMBF

Toronto, Ontario – December 7, 2021 ─ Humble & Fume Inc. (CSE: HMBL; OTCQX: HUMBF) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of HUMBF. Humble & Fume Inc. upgraded to OTCQX from the Pink® market. Trading on OTCQX can enhance the visibility and accessibility of the Company to U.S. investors. 

December 3, 2021

Humble & Fume Announces Sales and Distribution Partnership with PAX Labs, Inc. for PAX®-Branded Vape Devices in Canada

Toronto, Ontario – December 5, 2021 ─ Humble & Fume Inc. (CSE:HMBL) (“Humble” or the “Company”),a leading North American distributor of cannabis and cannabis accessories, announced today that it has entered into a sales representation and distribution partnership with PAX Labs, Inc. (“PAX”), a leader in the design and development of premium, app-controlled vaporization technologies and devices, for the commercialization and distribution of PAX-branded vaporizing products in Canada.

November 30, 2021

Humble & Fume Inc. Appoints New Chairman of the Board: Jakob Ripshtein, CEO of Perennial Brands Inc

Toronto, Ontario – November 30, 2021 ─ Humble & Fume Inc. (CSE: HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, is proud to announce the appointment of Jakob Ripshtein as Chairman of the Board (the “Board”) effective today. Mr. Ripshtein succeeds outgoing Executive Chairman, Shawn Dym, Principle at York Plains Investments, who remains on the Board.

November 24, 2021

Humble & Fume Inc. Announces Financial Results for First Quarter Fiscal 2022

Toronto, Ontario – November 24, 2021 ─ Humble & Fume Inc. (CSE: HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, today reported its first quarter fiscal 2022 (“Q1 2022”) financial and operating results for the three months ended September 30, 2021.

November 15, 2021

Humble & Fume Announces Completion of US$8 Million Private Placement to Advance Expansion into Cannabis Distribution in the United States

Toronto, Ontario – November 15, 2021 ─ Humble & Fume Inc. (CSE:HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that it has completed a US$8 million private placement from Green Acre Capital Distribution Corp. (“Green Acre”) for 18,795,471 common shares at a price of CDN$0.53 per share, representing 15.23% of the issued and outstanding common shares of Humble following completion of the private placement (the “Humble Equity”). Green Acre also intends to invest an additional US$2 million to form a Joint Venture (“JV”) with Humble focused on accelerating the Company’s expansion into cannabis distribution operations in California.

October 19, 2021

Humble & Fume Signs Share Purchase Agreement to Acquire Licensed California Cannabis Distributor, Cabo Connection

Toronto, Ontario – October 19, 2021 ─ Humble & Fume Inc. (CSE:HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and strong fulfillment infrastructure, announced today that it has entered into a Share Purchase Agreement (the “Agreement”) to acquire Cabo Connection Inc. (“Cabo”), a licensed cannabis distributor in Los Angeles, California...

October 6, 2021

Humble & Fume, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results

Toronto,Ontario – October 6, 2021 ─ Humble & Fume Inc. (CSE:HMBL) (“Humble” or the “Company”),a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and strong fulfillment infrastructure, today reported its financial results for the fiscal 2021 fourth quarter and year ended June 30, 2021.

September 1, 2021

Humble & Fume to Participate in the Beacon Securities Virtual Cannabis Conference 2021 on September 9th

Toronto, Ontario – September 1, 2021 ─ Humble & Fume Inc. (“Humble” or the “Company”) (CSE: HMBL), a leading integrated cannabis and distribution platform in North America, today announced that Joel Toguri, CEO of Humble, will participate in the Beacon Securities Virtual Cannabis Conference to be held on Thursday, September 9, 2021.

July 15, 2021

Humble & Fume Launches FUME, a Cannabis Extracts Brand Delivering a Pure and Flavorful Cannabis Experience

TORONTO, July 15, 2021 – Humble & Fume Inc. (“Humble”) (CSE: HMBL), a leading integrated cannabis distribution platform in North America, announced today the launch of FUME, a cannabis extracts brand delivering a pure and flavorful cannabis experience. FUME products are dedicated to the high frequency, discerning cannabis user seeking access to a wide range of benefits from cannabis.

July 8, 2021

Humble & Fume Announces Exclusive Sales Distribution Partnership with TREC Brands

Toronto, Ontario – July 8, 2021 ─ Humble & Fume Inc. (CSE:HMBL), a leading integrated cannabis and distribution platform in North American, announced today that it has entered into a partnership with TREC Brands Inc. (“TREC”), a leading cannabis consumer packaged goods (CPG) company with a focus on brand building, to have humble+ Cannabis Solutions (“hCS”) serve as TREC’s exclusive sales distribution partner in Canada.

June 28, 2021

Fire & Flower and Humble & Fume to Offer Expanded Online Product Catalogue of Cannabis Accessories to North American Consumers

TORONTO, June 28, 2021 – Fire & Flower Holdings Corp. (“Fire & Flower”) (TSX: FAF OTCQX: FFLWF) and Humble & Fume Inc. (“Humble”) (CSE: HMBL), today announced that they have entered into a strategic supply agreement to offer an expanded catalogue of Humble's portfolio of products to Fire & Flower customers online and in-store throughout North America.

June 24, 2021

Humble & Fume Appoints Chief Executive Officer

Toronto, Ontario – June 24, 2021 ─ Humble & Fume Inc. (“Humble” or the “Company”) (CSE:HMBL), a leading integrated cannabis and distribution platform in North America, announced today the appointment of Joel Toguri as Chief Executive Officer, effective July 5, 2021.

June 14, 2021

Humble & Fume Expects to Commence Trading on the Canadian Securities Exchange on June 16th Under Symbol “HMBL”

Toronto, Ontario – June 14, 2021 ─ Humble & Fume Inc. (“Humble” or the “Company”), announced today that it expects to commence trading on the Canadian Securities Exchange (“CSE”) on Wednesday, June 16, 2021. On June 3, 2021, the Company received conditional approval from the CSE to list under the symbol “HMBL”, on completion of the reverse-takeover (the “RTO”) by Humble of Canada Iron Inc. (“Canada Iron”).

June 16, 2021

Humble & Fume Appoints Jakob Ripshtein to Board of Directors and Commences Trading on the Canadian Securities Exchange

Toronto, Ontario – June 16, 2021 ─ Humble & Fume Inc. (“Humble” or the “Company”) (CSE:HMBL), a leading integrated cannabis and distribution platform in North American, announced today the appointment of Jakob Ripshtein to its Board of Directors. The Company also announced its shares will commence trading on the Canadian Securities Exchange (“CSE”) today, Wednesday, June 16, 2021, under the ticker symbol “HMBL.”

June 15, 2021

Humble & Fume Completes Reverse Take-Over of Canada Iron Inc.

Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Humble & Fume Inc. ("Humble" or the "Company"), announced today that yesterday, June 14, 2021, it completed the previously-announced reverse-takeover (the "RTO") of Canada Iron Inc. ("Canada Iron"), which has resulted in Canada Iron becoming Humble & Fume Inc. (the "Resulting Issuer") and carrying on one of North America's leading cannabis distribution solution providing customer-centric services and accessories going forward. The Company expects to begin trading on the Canadian Securities Exchange on June 16, 2021 under the symbol "HMBL".

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