Uncategorized Archives - Page 88 of 249

WednesdayDec 16, 2020 3:55 pm

HempFusion Wellness Optimistic that Hemp / CBD Market Recovery is on the Horizon

HempFusion Wellness, Inc. is developing nutritional products (currently 46 on retail store shelves) that promote overall health and wellness in a variety of ways including skin care, pain relief and gut support The company’s products are distributed to about 4,000 retailers in all 50 states as well as some international outlets, including major food and drug retailers and big box stores mostly not available to other CBD companies HempFusion has filed a preliminary prospectus for a planned initial public offering (“IPO”) on Canada’s most senior stock exchange, the TSX Market watchers expect the CBD industry to expand to $12.4 billion…

MondayDec 14, 2020 3:16 pm

HempFusion Wellness, Inc. Raising the Bar for CBD Products as It Heads for Public Listing on Toronto Stock Exchange

HempFusion is one of 12 companies working on a study to address FDA comments about CBD and human interaction, studying the cannabinoid’s effects on the human liver The company could become publicly traded on the Toronto Stock Exchange as early as the week starting December 14, 2020 By 2025, the global CBD market is estimated to reach $23.6 billion HempFusion plans to extend product offering to include beverages, edibles, and pet products, which has become a growing segment in the CBD industry A leader in the health and wellness cannabidiol industry, HempFusion Wellness is raising the bar for CBD products…

FridayDec 11, 2020 1:17 pm

CannAssist International (CNSC) Prepares to Take CBD Product Market by Storm

CannAssist International’s Xceptor Labs is active player within CBD-based product sector Global CBD product market is expected to rise in value from $4.6 billion in 2018 to over $23 billion by 2025 Xceptor Labs differentiating product range through use, development of proprietary CiBiDinol technology CiBiDinol technology covers the oil soluble CBD molecule with a water soluble carrier thereby increasing its bioavailability and enabling easier absorption of product Xceptor Labs has recently launched its Xceptol product line, comprised of topical pain creams, CBD-derived capsules, tinctures and pet drops CannAssist International (OTCQB: CNSC) is a biotechnological pharmaceutical and wellness company which has…

TuesdayDec 08, 2020 11:55 am

HempFusion Wellness’ Winning Product Line, Distribution Formula Signals Successful IPO

HempFusion poised for IPO on Toronto Stock Exchange Company expects to raise $17 million in public markets debut Product portfolio of 46 products Products currently sold in more than 4,000 retail locations across 50 states with a 26,000-store pipeline Hemp-based CBD market expected to reach $22 billion by 2022 If there was ever a winning prescription for a successful initial public offering (“IPO”), HempFusion Wellness seems to have found it. The Denver-based provider to the health and wellness CBD market has a comprehensive product line that appears to meet the needs of anyone between 9 and 90. Its extensive distribution…

FridayDec 04, 2020 10:30 am

CannAssist International Corp. (CNSC) Is ‘One to Watch’

In July 2020, CannAssist International became among the first U.S.-based CBD companies to have its securities listed for trading onto a U.S. public capital market Xceptor Labs uses proprietary technology to create CBD products that it believes have better absorption than currently marketed oil-based products The company currently has five creams that utilize ingredients with National Drug Codes that are registered with the FDA The company’s Xceptol line of topical pain cream products, formulated using its proprietary CiBiDinol technology, was launched in September 2020. The company has since added capsules and, very soon, tinctures and pet drops The company’s marketing…

WednesdayDec 02, 2020 11:30 am

Gage Cannabis Co. Strengthening Presence in Exploding Michigan Market

State recreational marijuana market on track to top $1 billion Michigan could be fastest-growing recreational market per capita outside of California Gage’s current portfolio features 19 Class C cultivation licenses across four cultivation assets, three processing licenses In only one year, Michigan’s new recreational marijuana market is projected to reach — and exceed — $1 billion, second only to California (https://cnw.fm/ewISo). That is good news for Gage Cannabis, a leading vertically integrated operator in the cannabis industry focused exclusively on the Michigan market. "It really is just explosive growth in Michigan," said Sloane Barbour, the chief revenue officer of cannabis industry…

WednesdayDec 02, 2020 10:00 am

Pure Extracts Technologies Corp. (CSE: PULL) Issues Corporate Update Detailing Operations, Product Strategy and Market Conditions

Pure Extracts is a plant-based extraction company located in British Columbia, Canada that focuses on cannabis, hemp, functional mushrooms Pure Extracts’ “Pure Pulls” and “Pure Mushrooms’” branded products expected to be available by end of Q1 2021 Global cannabis extract market size expected to reach USD$28.5 billion by 2027 with CAGR of 16.6%; global functional mushrooms market expected to reach USD$34.3 billion by 2024 with CAGR of 8% Pure Extracts Technologies (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and functional mushrooms, recently released a corporate update for shareholders and interested investors that provides current information on the…

WednesdayDec 02, 2020 4:20 am

420 with CNW — Massachusetts Reaches $1-Billion Milestone in Marijuana Sales

Despite the life-changing events of 2020, the U.S. cannabis industry has remained relatively stable. When the coronavirus pandemic broke out, several industries essentially shut down while others limped on with ever-dwindling revenues, resulting in the worst financial crisis the United States has seen since the Great Depression. One of the few industries deemed “essential,” the relatively young marijuana industry continued operating in spite of the lockdown orders and consistently broke sales records month over month. Cannabis sales in Massachusetts have officially surpassed $1 billion since the recreational cannabis market was launched two years ago on Nov. 20, 2018, says the…

WednesdayNov 25, 2020 1:00 pm

As Global Cannabis Sales Grow 38% in 2020, Gage Cannabis Co. Expands to Offer Recreational Marijuana at Flagship Location

Research suggests cannabis sales increased 38% from 2019 to 2020 Gage expanding into fast-growing Michigan market, now offering recreational marijuana at flagship Ferndale location Adult-use cannabis revenues in Michigan projected at $1 billion per year for 2021, surpassing $1.5 billion by 2023 Quarterly sales nearly doubled to $11.9 million in Q2 2020 from $5.8 million in Q1, expected to surpass $13.1 million in Q3 Recent research published by BDSA (formerly BDS Analytics) suggests that the global cannabis industry continues to grow despite COVID-19, with forecasts predicting that 2020 sales will reach $19.7 billion - an increase of 38% from 2019 (https://cnw.fm/92BFe). One…

WednesdayNov 25, 2020 11:30 am

Pure Extracts Technologies Corp. (CSE: PULL) Strengthens Oil Extraction Business, Ventures into Functional Mushroom Space

Pure Extracts carried out its initial oil extraction, distillation trials in early November, plans to commence extraction tolling services in December Once Sales License is obtained from Health Canada, the Company plans to begin marketing its own ‘Pure Pulls’ branded cannabis derived product range Pure Extracts will simultaneously seek to market Company’s white-labelling prowess, offering oil extraction capabilities to Licensed Producers currently operating in cannabis space Company also announced its interest in joining functional mushroom sector, with its first products set to be launched in 1Q2021 Separately, Pure Extracts named Dwight Duncan to its Board of Directors Pure Extracts Technologies…