Avicanna Inc. announced that it has entered into a license agreement with LC2019 Inc. pursuant to which the Company has agreed to license certain proprietary formulations and brand elements to LC2019 for commercialization in the United States. Additionally, Avicanna announced that Arash Moghani has stepped down as the Company's Chief Technology Officer and has advised Avicanna that he will be joining the executive leadership team at LC2019.