NewsRoom Articles - Page 444 of 587

WednesdayMar 27, 2019 11:08 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Completes Equity-for-Debt Swap

Redfund converts loan into equity position in Mary’s Wellness Ltd. Company’s equity stake totals 5.55 percent of the cannabis-infused tea manufacturer First year global sales for Mary’s Wellness Ltd. forecast to hit $12 million The recent announcement by Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) of an equity-for-debt swap is a good indication of the merchant bank’s innovative approach to providing capital. It also sets up a win-win scenario for both the client, which benefits from reduced leverage and interest payments, and Redfund, which gets a shot at any upside. Arrangements like these demonstrate Redfund’s willingness to work…

WednesdayMar 27, 2019 10:26 am

Sugarmade Inc. (SGMD) Positioned to Benefit as Constraints in Cultivation Create Unique Investment Opportunities

As the acreage of cultivated hemp spikes this year, shortages in cultivation supplies are accelerating Companies across the hemp cultivation supply chain are feeling the pinch; while most supply provider are privately-held, publicly traded Sugarmade Inc. stands to benefit via recently announced acquisitions In addition, Sugarmade offers various other brands that add value to additional areas of the hydroponic cultivation arena; as a result, SGMD is poised to become one of the largest publicly traded suppliers While behemoths such as Tilray (NASDAQ: TLRY), with it pending acquisition of hemp food company Manatoba Harvest; Aurora Cannabis (NYSE: ACB), with its plans…

WednesdayMar 27, 2019 9:53 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employing APP Technology to Transform the Cannabis Beverage Market

Sproutly Canada combining advanced cannabis cultivation and transformational technologies to foster innovation in the cannabis industry The company has acquired biotech company Infusion Biosciences Sproutly owns the exclusive rights to Infusion’s APP technology in various jurisdictions Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is developing and marketing cannabis consumer products with an emphasis on beverages. The company acquired Infusion Biosciences to bring to market its patent-pending aqueous phytorecovery process (“APP”) technology. This scientific, pioneering discovery of naturally water-soluble cannabinoids is transforming the cannabis beverage market. A Canadian licensed producer, Sproutly Canada has its corporate headquarters in Vancouver, British…

WednesdayMar 27, 2019 8:30 am

A Registered Nurse Reports from the Frontlines of Medical Cannabis

Rachael Speegle has worked with thousands of medical cannabis patients in New Mexico over the past nine years. She has been working as a cannabis cultivator and dispensary owner – and also as a registered nurse. Being on the frontlines of cannabis medicine through the Verdes Foundation, she has experienced countless inspiring stories as well as important mistakes and lessons learned. Now she, along with other healthcare professionals, is bringing these lessons to the new online Cannabis Patient Care Certificate Program, designed for nurses, healthcare providers, caretakers, and even policy regulators around the world. In celebration of the program, we talked with…

WednesdayMar 27, 2019 4:20 am

420 with CNW – Why New Jersey Marijuana Legalization Bill Vote May Have Been Called Off

On March 25, the planned vote on a marijuana legalization bill in New Jersey was suddenly called off by both legislative houses in a move that disappointed cannabis advocates who had thought that the bill would sail through. Here are some possible reasons for the cancellation of the vote. Insufficient Time to Convince Legislators The legalization bill was released by the different committees less than a fortnight before a final vote was scheduled by the two houses. This time was too little for advocates to convince legislators to support the bill. Consequently, Senate President Sweeney thought it wise to cancel…

TuesdayMar 26, 2019 4:20 pm

420 with CNW – DEA Seeks Contractor to Burn Illegal Weed in Arizona

The U.S. DEA (Drug Enforcement Agency) is looking for a contractor in Arizona to incinerate cannabis between the months of March and September. The contractor will be expected to burn cannabis at a rate of 1,000 pounds every hour. The marijuana will be brought to the incineration facility from about 12 cities within Texas. While the agency isn’t certain about the way in which the marijuana to be burnt will be packaged, they predict that some of it will be in the form of tightly packed “bales” or ”bricks” weighing less than 60 pounds. Some marijuana will be in plastic…

TuesdayMar 26, 2019 1:21 pm

Strategic Acquisition Spree Spurs ‘Buy’ Recommendation for C21 Investments Inc. (CSE: CXXI)

Booming cannabis industry still in early stages and fragmented Industry consolidation inevitable Prospective opportunities likely with consolidators From the shadows, cannabis has surged into the spotlight, establishing medical credence and economic clout along the way. The nascent industry has shaken off early trepidations and has now become a serious and respected sector in the financial arena. Consensus is that both the cannabis markets and the industry itself are just in their early stages and are expected to grow exponentially from here. Much like the early days of the internet gold rush, a multiplicity of business enterprises are sweeping over the…

TuesdayMar 26, 2019 12:25 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Global Medical Cannabis Strategy

The Supreme Cannabis Company focuses on high-quality cannabis products via its 7ACRES subsidiary The company also has a strategic equity investment in Medigrow Lesotho Supreme has signed a letter of intent with Malta Enterprises BMO recently initiated coverage of Supreme The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) concentrates on growing the world’s best cannabis and becoming a leader in the global industry. The company’s flagship brand is 7ACRES, which is its licensed producer subsidiary that operates a 440,000-square-foot facility in Kincardine, Ontario. The 7ACRES subsidiary received ‘Brand of the Year’ recognition at the 2018 Canadian Cannabis…

TuesdayMar 26, 2019 11:56 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Revolutionary Technology is Disrupting the Cannabis Edibles Industry

Lexaria Bioscience Corp. is the only company worldwide with patents issued for oral delivery of all cannabinoids Its proprietary technology bests traditional methods such as inhalation in several key ways The company continues to enhance its intellectual property portfolio as it pursues patents around the world Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a food biosciences company, has developed a proprietary technology that has revolutionized the way cannabidiol (CBD) and other non-psychoactive cannabinoids are delivered into the bloodstream. Lexaria, the only company worldwide with patents issued for oral delivery of all cannabinoids, has greatly improved the delivery of bioactive compounds.…

TuesdayMar 26, 2019 11:30 am

John Cochran, Harvest Health & Recreation Inc. COO and former Pabst Brewing Co. CEO, to Deliver Cannabis Conference 2019 Welcome Keynote

John Cochran, Chief Operating Officer of Harvest Health & Recreation, (CSE: HARV) (OTCQX: HRVSF) (“Harvest”), will deliver the Welcome Keynote, “Tapping the Beverage Market Boom,” at Cannabis Conference 2019, April 1-3, in Las Vegas, Nev. “While alcohol and cannabis differ in many ways, the regulatory framework and consumer trends shed light on the future of the plant in this country and around the world,” said Cochran, who is the former CEO of multistate cannabis company Loudpack Inc., former CEO of Pabst Brewing Company, and former president and COO of Fiji Water Company. “I’m excited to share the lessons I’ve learned after decades at some…

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