March 2019 - CanadianCannabisWire

FridayMar 29, 2019 12:00 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands 7ACRES Cannabis Growing Space

7ACRES cultivation facility’s increase in space set to grow production capacity by 50 percent, reaching approximately 26,250 kg BMO Capital Market analysts initiated coverage of The Supreme Cannabis Company at Market Perform The company is set to launch its line of premium cannabis oil products in April 2019 The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading company in the cannabis industry that’s committed to providing premium brands and products, is seeking to grow the world’s best cannabis and become a leader in the global industry. As legalization spreads around the world, the cannabis industry continues…

ThursdayMar 28, 2019 11:56 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Receives ‘Speculative Buy’ Rating, Plans Expansion

PLUS received a positive rating, in part, due to its anticipated move into cannabis baked goods and mints PLUS is eyeing expansion into Oregon, Nevada and additional states in the future According to retail sales data, PLUS was California’s number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has received a ‘Speculative Buy’ rating in its initial coverage by Canaccord Genuity (“CG”), as well as a price target of C$8 (http://cnw.fm/W3ioH). Driving that positive report is the company’s planned move to expand its product line of cannabis…

ThursdayMar 28, 2019 9:00 am

CBD Surges into Mainstream with New Products, Celebrity Endorsements and Emerging Consensus about Benefits

CanadianCannabisWire Editorial Coverage: Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market. Growing CBD market could eclipse broader cannabis market Consensus about health benefits backed by clinical work, personal endorsements lead to heightened interest CBD found in vast array of new products As CBD moves into the mainstream, opportunities are likely to grow exponentially for a variety of companies, including plant-based health and wellness product developer Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile). Canadian company Tilray Inc. (NASDAQ: TLRY) is riding the wave by acquiring Manitoba Harvest,…

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 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…

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…

TuesdayMar 26, 2019 11:17 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Anticipates Year of Growth through Strategic Partnerships, Cannabis Beverage Tech

Sproutly Canada reaches company milestone with its first completed harvests of premium quality, small-batch cannabis The company offers the world’s first natural, truly water-soluble cannabis solution made with bio-natural oils through subsidiary Infusion Biosciences The Canadian cannabis beverage market is estimated to reach up to $4.4 billion by 2024 Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) envisions a year of growth and expansion through its focus on cannabis beverages made using a revolutionary process featuring water-soluble ingredients. Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage…

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Month: March 2019