On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

CannabisNewsBreaks – WeedMD Inc. (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Posts Corporate Update, Schedules Q3 Earnings Conference Call

Company: WeedMD Inc. (WDDMF)
Category: News

WeedMD (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally licensed producer and distributor of medical-grade cannabis, this morning issued an operational update. Per the update, the company has successfully completed the harvest of its 27-acre crop of outdoor cannabis at its Strathroy facility. WeedMD intends to provide metrics, including total yield of the harvest, in conjunction with its upcoming earnings announcement. The company also detailed its entrance into commercial extraction operations at its Aylmer facility, where it has obtained a Health Canada license to produce and sell cannabis concentrates, edibles and topicals. Among other highlights, the press release also included updates regarding ongoing test results, CX Industries’ processing capability and its entrance into commercial operation. In addition, WeedMD announced that it will release its third quarter 2019 financial results after market close on Thursday, November 28, 2019. The company will hold a conference call hosted by CEO Keith Merker and CFO Nichola Thompson at 10 AM ET on Friday, November 29, 2019. Call-in details will be issued in the coming weeks. “With the outdoor harvest now complete, we’ve achieved a significant milestone. WeedMD now has a significant amount of cannabis that we intend to bring to market over the current and coming quarters as both dried flower and in various value-added formats,” WeedMD CEO Keith Merker stated in the news release. “Combining our vertically-integrated extraction business at our CX Industries site in Aylmer with our low-cost production of dried flower, we are well positioned to emerge as a leader in the production and sale of extracts.”

To view the full press release, visit http://cnw.fm/5MxkE

About WeedMD Inc.

WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer of cannabis products for both the medical and adult-use markets. The company owns and operates a 158-acre state-of-the-art greenhouse, outdoor and processing facility located in Strathroy, Ontario. WeedMD also operates CX Industries Inc., a wholly-owned subsidiary of WeedMD Inc. CX Industries operates out of the company’s fully-licensed 26,000 sq. ft. Aylmer, Ontario production facility which specializes in cannabis extraction and processing. WeedMD has a multi-channeled distribution strategy that includes selling directly to medical patients, strategic relationships across the seniors’ market and supply agreements with Shoppers Drug Mart as well as six provincial distribution agencies where WeedMD’s adult-use brand Color Cannabis is sold. For more information, visit the company’s website at www.WeedMD.com.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

Official NewsWire Relationships

Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo

CannabisNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722