Uncategorized Archives - Page 40 of 251

TuesdayJul 05, 2022 11:15 am

Flora Growth Corp.’s (NASDAQ: FLGC) Management Confident in the Company’s Short, Medium, and Long-Term Growth Prospects

Flora just announced the repurchase of $5 million of its outstanding common shares This repurchase aligns with its overall global expansion plan, and its move to grow its market reach These moves by Flora assure shareholders of the company’s commitment to driving shareholder value and exploring various opportunities to do so On June 16, 2022, Flora Growth (NASDAQ: FLGC) announced that its Board of Directors had authorized the repurchase of up to $5 million of its outstanding common shares. This came in the wake of the expiration of a one-year lockup period for specific shareholders who had acquired shares before…

TuesdayJul 05, 2022 9:15 am

Cilicon’s Partner Program Accelerates Enterprise Innovation and Product ROI via Diversifying Transformation

Cilicon, the leading, globally trusted, product solution provider of cannabis vape technology and manufacturing, announces the launch of its Cilicon Partner Program, a flexible, collaborative distributor partnership to help cannabis vaporizer enterprises expand product selections, upgrade product performance, expedite product delivery cycles and reduce product inventory costs. Cilicon today began accepting cannabis vape hardware distributors of different regions, sizes, levels and needs to further expand the supply market for cannabis vaporizers. The Cilicon Partner Program uses a one-to-one approach to achieve diversification and benefits maximization to help distributors satisfy consumers’ demands in seeking more diversified and humanized products and services,…

ThursdayJun 30, 2022 9:45 am

Flora Growth Corp. (NASDAQ: FLGC) Anticipates Continued Growth for Cannabis Operations Under New Colombian Administration

Flora Growth is a cannabis cultivator and distributor with a base of operations in Colombia’s fertile growing climate, capable of feeding the company’s expanding international supply chain Colombia has undergone a number of regulatory changes in recent years as it emerges from the shadows of years-long drug wars and embraces a growing global acceptance of cannabis products The South American country voted in a new presidential administration in June, and Flora Growth is applauding the president-elect’s continued openness to international cannabis trade Flora Growth announced significant revenue growth during its year-end financial reporting in May, and the company stated it…

WednesdayJun 29, 2022 11:15 am

New Agreements Signed Between Lexaria Bioscience Corp. (NASDAQ: LEXX) and BevNology LLC; Pre-IND Meeting Request Filed with FDA

The two companies signed a manufacturing operating agreement and a commercial agreement Lexaria sent a pre-IND meeting request letter to the US FDA and plans to file the full IND application in late 2022/early 2023 The FDA has acknowledged Lexaria's pre-IND request and responded with conditions prior to the target date of July 30, 2022 Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, has recently announced signing two agreements with BevNology LLC, the product and development arm of InterContinental Beverage Capital (“IBC”), operating its state-of-the-art lab and manufacturing facility just outside of Atlanta, Georgia. This announcement only…

TuesdayJun 28, 2022 1:30 pm

Zacks Report Highlights Flora Growth Corp. (NASDAQ: FLGC) Aspiring to Benefit from First Mover Advantage in Multiple Cannabis Market Categories

Flora’s 2021 acquisitions allowed it to expand its operations beyond North America and into Europe Acquisitions have also contributed to 450% YOY revenue growth for Q1 2022 Its management is confident that the foundation laid down so far will yield growth for 2022 and subsequent financial years Flora has also reiterated 2022 revenue guidance of $35 million to $45 million 2021 was an excellent year for Flora Growth (NASDAQ: FLGC). According to a recent research report from Zacks (https://cnw.fm/bWU0H), the company possesses a number of important qualities pointing to continued significant growth following a strong 2021. Flora Growth management even…

MondayJun 27, 2022 12:45 pm

Advanced Container Technologies Inc. (ACTX) GrowPods Strengthen Company’s Position in Growing Multibillion-Dollar Market

The global indoor farming market projected to grow from $26.5 billion in 2021 to $62 billion by 2030 Report indicates that United States holds major share in terms of revenue in North America indoor farming market Grow Pods offered through ACTX provide a controlled environment, ability to grow year-round The newest projections for the global indoor farming sector are in, and the numbers bode well for Advanced Container Technologies (OTC: ACTX). ACTX is the exclusive U.S. distributor of Grow Pods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops all year long. “The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the…

MondayJun 27, 2022 10:30 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Reach of its Drug Delivery Technology Through Newly Inked Agreements with Beverage Developer BevNology

Drug delivery technology innovator Lexaria Bioscience has developed a patented technology showing superiority in animal and human testing as a means of improving existing drug brands’ performance and establishing new solutions for unmet medical needs The company recently announced agreements with beverage developer BevNology to expand production capabilities for Lexaria's own growing list of B2B clientele and empowering BevNology to offer DehydraTECH products with active ingredients derived from hemp including CBD under BevNology and partnered brands The technology is called DehydraTECH — improving the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery Lexaria also…

FridayJun 24, 2022 11:15 am

Flora Growth Corp. (NASDAQ: FLGC) Authorizes the Repurchase of up to $5 Million Shares

Flora Growth Corp. announced that the Company Board has authorized the repurchase of up to $5 million of its outstanding common shares Luis Merchan, Flora’s Chairman and CEO, said that Flora is executing its growth plans while simultaneously improving gross profit margins and reducing corporate overhead expenses At the closing of 2021, the company announced a 2022 revenue guidance projection of $35-45 million Flora Growth (NASDAQ: FLGC) is a global leader in the cultivation, marketing, and distribution of premium-quality cannabis products and brands at below-market prices. Flora Growth recently announced that the company’s Board of Directors (the "Board") has authorized…

FridayJun 24, 2022 10:30 am

Sugarmade Inc. (SGMD) Announces First Transaction Under Cannabis Global Inc. Contract

SGMD will produce an estimated 25,000 pounds of Fresh Frozen cannabis, which Cannabis Global will use in its product lines The market for Fresh Frozen cannabis is “snowballing,” says Cannabis Global CEO With the rapid Fresh Frozen harvesting process, airtight storage and near cryogenic storage temperatures, almost all of the natural cannabis plant essence is preserved Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is seeing the fruit of its labors, so to speak. The company recently announced the first transaction under its previously announced contract with Cannabis Global (OTC: CBGL). The transaction calls for Sugarmade to…

ThursdayJun 23, 2022 1:30 pm

Advanced Container Technologies Inc. (ACTX) GrowPods Have Potential to Help Millions Living in Food-Insecure Households

Tens of millions of adults, children are living in food-insecure households Micro-farms, such as ACTX’s Grow Pods, are being evaluated as a potential solution for food insecurity With GrowPods, cultivation can be moved directly into the areas where food is needed An estimated 30 million adults and 12 million children are living in food-insecure households, reports a recent CNN Business article (https://cnw.fm/o1wn5). Those are people that Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of Grow Pods, believes it can help. “Families across America are precariously perched on the edge of a hunger cliff,” reports CNN Business. “With inflation on the…

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Category: Uncategorized