Uncategorized Archives - Page 78 of 252

TuesdayJun 01, 2021 12:41 pm

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Leadership Team Working to Deliver on Show-Me Story

Quarter growth, cash flow key metrics indicate company moving in the right direction Chalice reported record quarterly revenues from continuing operations of $5.5 million, increase in gross profit margin “Continued profitable operations and accretive acquisitions should set us up for a record-breaking second half of 2021,” says CEO In a past Bloomberg video interview, Stonecastle Investment Management president Bruce Campbell commented on Golden Leaf Holdings (https://cnw.fm/qtYSM), a premier consumer-driven cannabis company that earlier this month finalized a name change to Chalice Brands (CSE: CHAL) (OTCQB: GLDFF). In his comments, Campbell outlined what he felt needed to happen in order for…

TuesdayJun 01, 2021 12:21 pm

Pac Roots Cannabis Corp.’s (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Relentless Focus on Quality Begins to Pay Dividends

Recreational marijuana sales in Canada have been slow to take off despite legalization in October 2018 but look to be on the rise A survey carried out in February 2021 revealed that 40% of Canadian marijuana consumers still resorted to illegal means to obtain product due to poor quality of legal marijuana, lack of stock at retail outlets Pac Roots Cannabis seeks to avoid peers’ fate through relentless focus on premium-quality strains, coupled with strategic licensing agreement with Phenome One Corp Earlier this year, Canada’s legal market was shown to have finally overtaken illicit sales, commanding 56% of sector turnover…

TuesdayJun 01, 2021 9:00 am

Green Hygienics Holdings Inc. (GRYN) Joins Forces with Mexican Scientific Body, Creates New Company to Research Endocannabinoid Deficiencies

Green Hygienics has launched TruLife Biotech LLC. to focus on the development and advancement of innovative cannabinoid-based nutraceutical and skincare products and brands The global industrial hemp market was valued at $5.66 billion in 2020 and is expected to reach a value of $27.72 billion by 2028, growing at a CAGR of 25.17% Hemp-derived cannabinoids have been studied for the last 20 years with nothing more than pre-clinical data but the new collaboration with Cinvestav and the creation of TruLife Biotech can help answer these questions and develop the products necessary for ECS deficiencies Green Hygienics Holdings (OTCQB: GRYN), a…

FridayMay 28, 2021 9:00 am

Hero Technologies Inc. (HENC) Subsidiary Eyeing Million-Dollar Numbers in Michigan Cannabis Sector

Cannabis sales numbers in Michigan reaching record highs HENC, Blackbox strategy includes developing 120-acre Michigan farmland into cannabis cultivation Cannabis medicinal and recreational sales numbers in Michigan are reaching record highs: year-end totals for 2020 approached $1 billion (https://cnw.fm/BylLX), and sales in 2021 have shown even more impressive growth, with March numbers hitting a record $115.4 million (https://cnw.fm/rlOo0) and April numbers approaching $154 million (https://cnw.fm/qFiFH). Cannabis company Hero Technologies (OTC: HENC) is paying close attention to Michigan’s performance because the company’s majority-owned subsidiary, BlackBox Systems and Technologies LLC, earlier this year signed a purchase agreement to acquire 120 acres of Michigan…

ThursdayMay 27, 2021 11:43 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Acquisition Strengthens Company’s Footprint in Leading Cannabis Market

CHAL finalizes acquisition of five HomeGrown retail dispensaries Strategic move provides exceptional geographic compatibility with Chalice The fact that Homegrown is profitable makes this a highly accretive acquisition for GLDFF’s earnings per share In a state that is paving the way forward for cannabis, Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), previously operating under the name Golden Leaf Holdings Ltd., is making its mark. The company recently announced a transformational acquisition that brings a chain of five Oregon-based retail dispensaries under the Chalice umbrella (https://cnw.fm/weqA4). The dispensaries, previously owned by SMS Ventures LLC, known as Homegrown, are located in Portland, Salem…

ThursdayMay 27, 2021 9:00 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Builds Reputation for Quality Among Increasing Cannabis Interest

Stars are making bold statements about cannabis acceptance, efficacy as they enter cannabis business Lofty product claims may be seen as marketing ploys, but experts say there can be wellness benefits PACR’s strong focus, dedication differentiates it from other cannabis offerings, even those from big-name players in the cannabis space A growing number of celebrities are throwing their weight behind cannabis, an undeniable indication of the increasing acceptance of the compound — both as a medical and recreational option. A recent “USA Today” article notes that as more states legalize marijuana, more eyes are turning toward the industry, a trend that…

MondayMay 24, 2021 12:05 pm

Hero Technologies Inc. (HENC) Retains IP Attorney to Assist, Advise on Cannabis Cultivation Tech

IP attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, to work with company HENC committed to ensuring that IP generates maximum return for shareholders BlackBox has developed a proprietary cannabis growing system based on aeroponic cultivation technology Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, announced that it has retained intellectual property attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, P.A. Weisberg will assist and advise the company as it focuses on protecting and monetizing the intellectual property of its subsidiary, BlackBox Systems and Technologies LLC (https://cnw.fm/Iz2y6). “Solidifying our cannabis intellectual…

MondayMay 24, 2021 10:34 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Acquires Acreage Holdings Florida Operations

Completed acquisition of Acreage Florida, Inc and related owned and leased real estate assets Licensed to operate 35 dispensaries, a processing facility and a cultivation facility in Florida Florida cannabis market is poised for tremendous growth and it is forecasted to be a top 5 State by the year 2025 Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), the torchbearer for a new, higher standard in the American cannabis industry, has announced its new subsidiary RWB Florida LLC, has completed the acquisition of Acreage Florida, Inc. and the related owned and leased real estate assets (https://cnw.fm/xJfKg). This deal includes…

FridayMay 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Is ‘One to Watch’

The BevCanna team has decades of combined experience creating, branding and manufacturing iconic brands that resonate with consumers on a global scale BevCanna owns and operates world class infrastructure, including a 40,000-square-foot, HACCP certified manufacturing facility with a current bottling capacity of up to 210 million bottles per year for both traditional and cannabis-infused beverages, and an alkaline spring water aquifer located onsite The company delivers a diverse portfolio of beverages and nutraceuticals for both in-house brands and white labeled products BevCanna leverages a proven direct-to-consumer e-commerce strategy to sell a range of natural health products throughout North America and…

ThursdayMay 20, 2021 9:15 am

Hero Technologies Inc. (HENC) Receives Confirmation of Value of Veteran Hemp Acquisition

Company pleased that independent review has confirmed fair value of Veteran Hemp Co. asset acquisition HENC entered into purchase agreement to acquire all assets of Veteran Hemp Co. in November 2020 Hero Technologies CEO noted that "acquisition is in line with our company's growth strategy of adding accretive assets to our portfolio” Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, has received an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC., or Veteran Hemp Co. (https://cnw.fm/hGJwu). "We are pleased that an independent review has confirmed the fair…

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Category: Uncategorized