September 2018 - CanadianCannabisWire

FridaySep 28, 2018 11:10 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Advancing with ‘Functional’ Cannabis-Infused Beverages

Functional beverage market estimated at $14 billion worldwide currently; CBD hemp extract market expected to hit $22 billion by 2022 Phivida Holdings’ recent announcement of new Oki brand heralds introduction of full spectrum hemp extract-infused iced teas, flavored waters Company also has joint venture with WeedMD Inc. to produce cannabis-infused beverages under Cannabis Beverages, Inc. label The concept that beverages may serve a “functional” purpose has developed within the health and wellness industry as cannabis producers examine ever-expanding options for putting the plant’s properties to use. Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is pursuing the beneficial…

ThursdaySep 27, 2018 10:13 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Raise C$20 Million through Unit Sale

A syndicate of underwriters is to purchase 3.8 million units at C$5.27 per unit Sale terms are an amendment of previously announced agreement to sell 1.9 million units Sunniva is closer to achieving full vertical integration in California with launch of Sunniva-branded product lines commencing in Q4 2018 Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically-integrated medical cannabis provider, aims to raise C$20 million through the sale of units of the company to a syndicate of underwriters spearheaded by Beacon Securities Limited and Canaccord Genuity Corp., according to a company press release (http://cnw.fm/ZMw2T). Sunniva announced that the syndicate will purchase 3.8…

WednesdaySep 26, 2018 11:29 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Product Responsive to Concerns about Cannabis Lab Testing Quality

BLOCKStrain Technology investing in technological means to provide businesses, consumers with cannabis pipeline transparency amid lab testing concerns Company has obtained agreements with a number of other enterprises to build security in cannabis market Global cannabis market expected to grow to $146.4 billion by 2025, with CAGR of 24.9 percent in United States The nascent industries serving state-by-state cannabis legalization in the United States are feeling growing pains as they deal with the costs of delivering safe and quality-tested products to consumers. In this new age of plant-drug liberalization, BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) is offering hope of…

MondaySep 24, 2018 2:06 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) “Gets It Right” in Cannabinoid Extraction

Sol-gel nose-to-brain system offers superior drug delivery New extraction protocol makes accurate and precise quantification of cannabinoids possible Establishment of cannabis division to commercialize research developments A recent release from PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) shows that, in cannabinoid extraction technology, the health sciences company is getting it right. The company announced that, during its soluble gel drug delivery research and development program – the Sol-gel Program – it had successfully optimized the conditions for extracting cannabinoids from one of its cannabis strains and developed a proprietary method – the Extraction Protocol – for the accurate…

FridaySep 21, 2018 11:23 am

Will Canopy Growth’s Spin-Off Canopy Rivers Be A Powerful Growth Engine?

Canopy Growth will reduce exposure to dilution and debt with the investment model of the new company. The business model of Canopy Rivers has one major flaw. The way Canopy Rivers must be analyzed in order to understand its growth potential. Canopy Growth (NYSE: CGC) is near to spinning off its new financial investment company called Canopy Rivers into a publicly traded firm, which will pursue investment opportunities in the growing cannabis sector. With a business model that has done extremely well for companies in other markets, if it is able to successfully leverage the model, Canopy Rivers has the…

ThursdaySep 20, 2018 10:58 am

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Mass Market Hemp-Infused Beverages and Supplements

“Oki” product line includes iced teas and flavored water Nutritional supplements to be sold as capsules and tinctures Hemp extract market projected to reach $2.1 billion by 2020, according to company officials Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF), a food and beverage company that produces hemp-infused products, has announced the launch of a new line of drinks and supplements featuring hemp extracts into the mainstream market. According to a company press release (http://cnw.fm/UmR4p), the Oki line of products, which includes food supplements and flavored functional beverages containing active hemp extracts, is to be available in up to 2,400 retail…

WednesdaySep 19, 2018 11:57 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Grows IP Portfolio with Three More Patents in Australia, Two Notices of Allowance in the US

LXRP receives three new Australian patents and two new notices of allowance from the U.S. patent office; the company expects to receive corresponding patents by year-end 2018 If issued in both Australia and the U.S., LXRP would then hold 12 issued patents within its first patent family, and it continues to pursue pending application claims in this patent family globally The company, which has filed more than 50 patent applications globally, out-licenses its technology that promotes healthier and faster ingestion methods and lower overall dosing Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which owns the patented DehydraTECH (trademarked) ingestion technology…

TuesdaySep 18, 2018 10:56 am

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Releases Q2 2018 Results

Revenue up by C$1.2 million in Q2 and by overall C$4 million in the first six months of the year Company secures 12-month extraction deals with two leading brands Sunniva takes strides toward increasing vertical integration Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a company that cultivates, processes and distributes cannabis, has announced its second quarter financial results, detailing milestones and achievements both for the second quarter and the first half of 2018 (http://cnw.fm/6rZik). Recapping the company’s developments over the past six months, CEO Dr. Anthony Holler said that Sunniva has moved closer toward its goal of full vertical integration, which…

MondaySep 17, 2018 12:45 pm

Emerald Health Therapeutics Inc. (TSX.V: EMH) (OTCQX: EMHTF) Expands as Cannabis Supplier and Grows JV Production Facility in Canada

EMHTF named as a cannabis supplier for Newfoundland Labrador Liquor Corporation (NLC) to serve the adult use market of the entire province of Newfoundland and Labrador Pure Sunfarms, in which EMHTF is a 50-50 joint venture partner, has received from Health Canada an amendment permitting it to expand its cannabis production area to 550,000 sq. ft. EMHTF already has supply agreements with the Canadian provinces of British Columbia and Ontario; as a cannabis producer, it is ramping up operating facilities in British Columbia and Quebec Emerald Health Therapeutics Inc. (TSX.V: EMH) (OTCQX: EMHTF) is well positioned in Canada in the…

MondaySep 17, 2018 12:10 pm

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Building on Key Milestones in Sol-gel Cannabinoid Development

Cannabinoid molecule extraction, quantification mark early successes in PreveCeutical’s drug delivery development process PreveCeutical optimistic about prototypical spray applicators in development for cannabinoid therapies Clinical trials of cannabis-based therapeutics anticipated next year PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is celebrating the achievement of several key milestones in the development of the company’s proprietary Sol-gel program for the nasal delivery of select medications, where those medications can be expected to effectively reach the nervous system in order to accomplish their purposes in treating conditions ranging from anxiety to head concussion injuries, a company officer told market reporting outlet…

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Month: September 2018