Uncategorized Archives - Page 92 of 251

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…

MondayOct 26, 2020 10:18 am

Medicinal Mushrooms Booming, Pure Extract Technologies Inc. First-Mover Strategy Catalyzing Growth

Research indicates that functional and medicinal mushrooms offer range of physical and mental benefits Pure Extracts’ milestone-based strategy catalyzing Company growth Strategy includes license procurement, production, marketing of in-house and white label products Mainstream science is now catching up with what traditional medicine has known for years — that functional and medicinal mushrooms can help treat disease, improve mental cognition and fire up digestion. Pure Extract Technologies Inc., a soon-to-be public, plant-based Canadian extraction company, is on track to position itself as an industry leader through a strategy based on three growth-focused milestones that include the application to Health Canada…

FridayOct 23, 2020 2:02 pm

Fast-Growing Michigan Market Next in Line for Gage Cannabis Co., IPO Planned for 2021

Gage expanding in Michigan, one of fastest-growing legal cannabis markets in United States Adult-use cannabis revenues in Michigan projected at $1 billion per year for 2021, surpassing $1.5 billion by 2023 Gage currently operates 5 dispensaries, planning to open and operate 8-10 by the end of 2020, with 20+ expected to open by the end of 2021 YTD revenue estimated at $30+ million, 157% increase from January to September 2020 Gage planning Canadian listing for Q1 2021 Bruce Linton, a pioneer of the global cannabis industry and current executive chairman of Gage Cannabis Co., has set his sights on Michigan…

FridayOct 23, 2020 1:32 pm

Pure Extract Technologies Inc.’s Three-Pillar Business Model Points Company Toward Success

‘Harvard Business Review’ cites importance of a good business model, specifies key questions it should answer. Pure Extracts’ business model founded on three pillars: extraction services, formulation & white-labeling, and development of its in-house ‘Pure Pulls’ branded cannabis and functional mushroom products. Company’s business model is multi-faceted, comprehensive and allows for future growth. A strong business model is essential to every successful organization, whether it’s a new venture or an established player, touts a “Harvard Business Review” article titled “Why Business Models Matter.” Pure Extracts Technologies Corp., a plant-based extraction company with a new vertical in functional mushrooms, recognizes the…

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Category: Uncategorized