Uncategorized Archives - Page 92 of 252

MondayNov 16, 2020 3:30 pm

HempFusion Wellness Builds Reputation for Safety in the Global CBD Market, Aims to IPO on TSX Exchange

HempFusion Wellness, Inc. is a health and wellness company developing the power of whole-food hemp nutrition through more than 40 products currently on store shelves The company is focused on industry safety and quality standards through regulatory compliance, and is currently participating in a real world consumer study to establish the safety of daily cannabidiol (“CBD”) use in regard to liver function HempFusion has filed a preliminary prospectus for a planned initial public offering of its stock in Canada and a listing on the Toronto Stock Exchange Despite a reduction in hemp farm acreage this year following last year’s glut,…

ThursdayNov 12, 2020 2:37 pm

Gage Cannabis Prepares to Capitalize on Stunning Growth Within Michigan’s Cannabis Industry

Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million On December 4, 2018, Michigan officially became the 10th state in the…

TuesdayNov 10, 2020 4:31 pm

Gage Cannabis Co.’s Lansing Location Now Offering Recreational Marijuana

Experts expect the recreational marijuana market in Michigan to rival the numbers currently seen in some of country’s top cannabis markets within the next few years Gage Cannabis Co. is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan New Lansing location offers a wide range of products, all available for purchase through curbside delivery or walk-up pick up Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator by offering recreational marijuana at its Lansing, Michigan location (https://cnw.fm/QxA9R). The company is committed to building the fastest-growing cannabis brand in…

TuesdayNov 10, 2020 3:41 pm

As Canada’s Legal Cannabis Market Gains Ground, Pac Roots Cannabis Corp. (CSE: PACR) Leverages Genetics to Produce Superior Strains

Statistics Canada data confirms growth in Canada’s legal marijuana market PACR leverages genetics to produce superior-quality strains, tailored for specific purposes PACR’s catalog contains 350 tested quality cultivars, including 50 super-elite strains Canada’s legal marijuana industry recently celebrated its second anniversary with a jump in sales - a sign of victory in its ongoing battle with the black market (https://cnw.fm/yMRlx). As a licensed cultivator and producer, Pac Roots Cannabis (CSE: PACR) is positioned to benefit from this opportunity to market its premium-quality cannabis strains to a larger audience. Cultivated using innovative techniques based on genetic principles, Pac Roots produces custom strains…

TuesdayNov 10, 2020 3:06 pm

Alkaline88 Eyes Professional Sports (NASDAQ: WTER) (CSE: WTER)

PGA, MLB changes CBD policies; other leagues evaluating policy changes regarding marijuana, CBD use Global market for CBD oil projected to grow from $967.2 million in 2020 to $5.3 billion by 2025 WTER offers an exclusive line of A88CBD(TM) products, ranging from tinctures, capsules and gummies to lotion, creams salves Since CBD was removed from professional golf’s banned substance list in 2018, PGA and Champions Tour players are turning more frequently to the plant to treat aches and pains, and golfers aren’t the only athletes to choose the compound. Earlier this year, Major League Baseball removed marijuana from its banned-substance…

MondayNov 09, 2020 2:14 pm

Sugarmade Inc. (SGMD) Reports BudCars Q3 Numbers, Company Continues to Post Record Sales

SGMD releases key numbers for BudCars Q3 2020 financial report CEO reports that company “continues to perform, setting records in basically every key metric we track” BudCars has seen consistent growth since Sugarmade acquired 40% stake in the Sacramento-based cannabis delivery service Steadily growing gross margins, more than 60% growth and $2 million in gross receipts are a few of the highlights in an announcement (https://cnw.fm/SLg0m) made by Sugarmade (OTCQB: SGMD) featuring the Q3 2020 numbers for BudCars Cannabis Delivery Service. SGMD owns a 40% stake in BudCars, along with an option to acquire an additional 30%. “BudCars continues to…

ThursdayNov 05, 2020 9:37 am

Pac Roots Cannabis Corp (CSE: PACR) Stands to Benefit from U.S. Potential for Cannabis Decriminalization

Upcoming U.S. elections has potential to radically alter state of U.S. cannabis industry Democratic Vice-Presidential candidate Kamala Harris stated that potential Biden administration would seek to decriminalize use of cannabis Five states will vote on legalizing recreational or medical use of marijuana this November Canadian cannabis producers have benefited from experiences gleaned from operating over last two years under Canada’s existing legal framework for cannabis industry Pac Roots Cannabis has taken number of steps to ensure end product quality, helping boost company’s competitiveness if U.S. cannabis industry decriminalization comes to fruition For Pac Roots Cannabis (CSE: PACR) and the rest…

WednesdayNov 04, 2020 2:47 pm

Sugarmade Inc. (SGMD) Issues Letter to Shareholders on Upcoming Expansion Steps

SGMD shareholder letter outlines building blocks of strategic vision Chan talks about two themes: geographic expansion for BudCars and Sugarmade’s move to cultivation operations BudCars is expanding into North San Francisco Bay area and wine country counties, then Los Angeles In a letter to shareholders thanking them for their support, Sugarmade (OTCQB: SGMD) CEO Jimmy Chan outlined the “building blocks of a coherent and cohesive strategic vision” and noted that the company is putting in motion “key next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the California cannabis marketplace”(https://cnw.fm/C3Q5i). …

MondayNov 02, 2020 4:20 pm

420 with CNW — DEA Seeks Contractor with Capacity to Burn Tons of Cannabis Daily

Recently, the Drug Enforcement Administration (“DEA”) reached out for help to assist in burning about 1,000 pounds of cannabis per hour for eight hours straight. Each year, the DEA seizes tons of raw marijuana and millions of cannabis plants, which are usually destroyed. The contractor that performs this is responsible to oversee the burning of cannabis as well as other controlled substances that have been confiscated as evidence in drug cases. The DEA stated that it would inspect the incinerator used in the process to ensure that no drug residue remained. The work description was posted earlier this month in…

WednesdayOct 28, 2020 12:10 pm

Pac Roots Cannabis Corp.’s (CSE: PACR) Strategic Business Model Anchors Company in Growing Cannabis Market

Sales of legal adult-use cannabis in Canada grew by 5.2% from July to August, reaching monthly total of CA$244.9 million PACR committed to preserving excellence of elite strains while introducing highest-quality new strains Strategic approach has allowed company to be cash-flow positive within first year of trading With the recent news that Canadian cannabis sales in August reached nearly CA$245 million (https://cnw.fm/EC7Ow), Pac Roots Cannabis Corp.’s (CSE: PACR) mission to deliver the finest cannabis genetics to Canadians seems particularly well timed. A Canadian company, PACR is dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach. According to “Marijuana Business…