Uncategorized Archives - Page 93 of 249

ThursdayAug 27, 2020 10:29 am

Sugarmade (SGMD) Q3 Numbers Forecast to Hit $11 Million, Thanks to Investment in Cannabis Delivery Service

Company predicts BudCars will reach $650,000 monthly sales milestone; Q3 2020 numbers to top $11 million CEO expects extremely robust growth in July, August; new records across many metrics BudCars has seen steady improvement in almost every major metric Sugarmade Inc. (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has announced that it expects BudCars Cannabis Delivery Service to hit a $650,000 sales milestone in July (http://cnw.fm/g8Jg8). The company also predicts its Q3 2020 sales numbers will top $11 million. “We believe we have enough visibility and enough data in hand to forecast…

FridayAug 21, 2020 12:32 pm

Pac Roots Cannabis Corp. (CSE: PACR), JV Partner Anticipate Successful Hemp-CBD Harvest

PACR, Rock Creek Farms moving forward on definitive CBD-hemp joint venture Agreement outlines creation of new company, operation of 100-acre commercial hemp operation PacRoots CEO praises short-term progress making 2020 production scenario possible Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is moving forward on a definitive CBD-hemp joint venture with Rock Creek Farms (http://cnw.fm/0xMH6). The agreement, announced earlier this year, calls for the two companies to create a new company and facilitate a 100-acre commercial hemp operation located in Rock Creek, British Columbia. “The joint venture team…

FridayAug 14, 2020 10:07 am

Pac Roots Cannabis Corp. (CSE: PACR) Prepares to Close Massive Land Deal with Extensive Development Possibilities

Pac Roots expecting to close deal in September for acquisition of several parcels of land with no zoning restrictions, located in prestigious Fraser Valley Company’s new indoor facility and 100-acre Hemp JV project in Rock Creek, B.C., with preliminary results suggesting successful fall harvest, make this ideal time to acquire land in Fraser Valley Future development of elite CBD and THC strains and company’s overall hemp and cannabis infrastructure have tremendous potential thanks to company’s strategic genetic licensing partner, Phenome One The Fraser Valley Regional District is one of the most productive and intensively farmed areas of Canada, with high-quality…

FridayAug 14, 2020 4:20 am

420 with CNW – How Marijuana Dispensaries Differ from Liquor Stores

Are you considering visiting a local marijuana dispensary for the first time? You may think that they don’t differ much from liquor stores, they are both retail establishments that sell a drug after all. Heck, cannabis advocates looking to legalize recreational marijuana said that once legalized, it would be taxed and regulated "in a manner similar to alcohol." Adults 21 and over would ideally be able to stroll into a cannabis dispensary, grab whatever they need, and leave shortly, as they would in a liquor store. However, cannabis is a unique industry that's unlike any other, and it differs from…

MondayAug 10, 2020 11:56 am

Pac Roots Cannabis Corp. (CSE: PACR) is “One to Watch”

Pac Roots focuses on high-end genetics in order to maximize the quality of its products while maintaining high yields and profit margins Through a partnership with plant breeding management and analytics firm Phenome One and its massive genetics library, Pac Roots is well positioned to become a trailblazer in providing industry-leading strains not currently available in the regulated market Via over 350 analytically assayed and rigorously tested cultivars and the continued development of elite lineages, the company offers unique varieties focused on medicinal applications and featuring specific cannabinoid and terpene profiles The company’s selective breeding process results in a catalog…

FridayAug 07, 2020 4:20 am

420 with CNW – Senate Bill Seeks to Legalize and Tax Cannabis Like Tobacco

So far, 2020 has been pretty rough on drug reform initiatives. Marijuana legalization activists in states like Idaho and Florida have had to postpone their legalization activities after the coronavirus pandemic made signature collection almost impossible and kept lawmakers occupied with more urgent issues. However, the push for federal marijuana reform received a massive boost after a Democratic Senator filed a new bill to federally legalize marijuana in late July. Titled the ‘Substance Regulation and Safety Act,’ the legislation was sponsored by Senator Tina Smith. If passed, it would remove cannabis from the Controlled Substances Act and direct federal agencies…

MondayAug 03, 2020 9:35 am

The 2020 Benzinga Cannabis Capital Conference In Detroit Will Be Moving Online

Due to continuing concerns surrounding COVID-19, Benzinga will be bringing its Cannabis Capital Conference online. Originally scheduled to take place in Detroit, this conference will focus on carefully vetted companies in the emerging Michigan market. The event, set to take place on Tuesday, August 18, 2020, will serve as a meeting place for cannabis investors, entrepreneurs, and leaders in the cannabis industry. Attendees can look forward to round table discussions and panels with top cannabis entrepreneurs, keynote quick fires, and investor presentations. The main aim of the Cannabis Capital Conference is to foster connections within the cannabis industry and create…

FridayJul 31, 2020 11:09 am

Pure Extract Technologies Inc. Exec Team Offers Decades of Impressive Experience; Represents Power, Intellect Behind Organization

The private, plant-based extraction company boasts roster of leaders worth noting CEO served decade-plus in corporate leadership roles across the natural products, agriculture, cannabis sectors Team of qualified experts plus cutting-edge extraction technology means Pure Extracts is set for long-term strategic distribution, product innovation If leaders are, as a Forbes article notes, “the power and intellect behind their organizations,” Pure Extract Technologies (“Pure Extracts”) is clearly a presence to be reckoned with. Led by an impressive team of individuals with decades of experience in their areas of expertise, the private, plant-based extraction company has a roster of leaders worth noting.…

MondayJul 20, 2020 11:39 am

Sugarmade, Inc. (SGMD) Releases Numbers, Calls June ‘Breakout’ Month for BudCars Growth for ‘Every Single Metric’

SGMD’s BudCars sales topped more than $500,000; company grew for third consecutive month ‘We did more business with more people and booked a significant jump in gross profits while holding our 47% gross margin level as volume increased,’ CEO reports Company expects to close out first half of 2020 with a linear pace already at $6 million Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, released June numbers for its burgeoning BudCars Cannabis Delivery Service. Of note in the report were sales that topped more than $500,000 and impressive growth for…

MondayJul 20, 2020 4:20 am

420 with CNW – Illinois Earns Double the Cannabis Taxes Predicted for First Six Months

The first half of 2020 has been brutal. After being discovered in Wuhan, China in late 2019, the coronavirus quickly spread to Europe and the U.S., and by late March, billions of people across the world were under lockdown. All but the most essential businesses were ordered to shut down, and within a month, the U.S. was approaching Great Depression era levels of unemployment. The travel and service industries were especially hit, and they have shouldered most of the job losses. One industry that seems to be weathering the health and economic crisis fairly well is cannabis. Deemed essential by…