June 2019 - Page 2 of 4 - CanadianCannabisWire

MondayJun 24, 2019 11:18 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort

TransCanna Holdings closed a recent round of private placement funding with aggregate gross proceeds of more than C$10 million TransCanna will use the funding to help grow its statewide vertically integrated cannabis production and distribution efforts in California’s robust marketplace Following an extensive search, the company has named a general manager for its 196,000-square-foot hub facility that will serve up to five satellites Pending acquisition projects are expected to expand TransCanna’s asset and brand options in the state TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), a company aiming to create and buy 15 premium brands in California, garnered aggregate gross…

FridayJun 21, 2019 10:02 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized…

ThursdayJun 20, 2019 11:47 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Celebrates Manufacturing, Distribution Permits as Latest California Cannabis Advances

TransCanna Holdings is working to establish 15 premium cannabis brands during the next two years in California, the world’s largest cannabis market TransCanna’s wholly owned TCM Distribution subsidiary is celebrating the recent acquisition of temporary manufacturing and distribution permits while continuing to seek state permits and permanent licenses The permits advance production efforts at TransCanna’s 10,000-square-foot satellite operation in Adelanto, California The City of Adelanto recently reduced taxes on cannabis transportation, lab services, cultivation enterprises and dispensaries TransCanna has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, which has just added to its product line with a Spicy Mango…

WednesdayJun 19, 2019 11:57 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Set to Flourish with Expanding Indoor Cannabis Production

The Green Organic Dutchman is building a name for itself as it works on production build-up from 2,000 kilograms of cannabis to 200,000 kilograms The company has facilities in Canada and is making inroads in Europe and Mexico through pharmaceutical networks In the United States, TGOD is finding access to the $20 billion functional beverage industry segment The advent of indoor cultivation that’s suitable for the cannabis industry has changed the commercial production capacity of marijuana and medical-grade cannabis suppliers. While the cannabis plant seeks the sun during the height of summer then flowers as the season ebbs, indoor cultivation…

WednesdayJun 19, 2019 11:13 am

Geyser Brands Inc. (TSX.V: GYSR) Developing, Marketing Leading Cannabis Products and Brands

Geyser Brands focuses on creating first-rate, cannabis-led health care products and brands The company leverages a proprietary, all-natural NanoFusion nano-emulsion delivery system Geyser is pursuing an acquisition of Solace Management Group Inc. Geyser Brands Inc. (TSX.V: GYSR) is a foremost consumer health care company based in Vancouver, British Columbia. The company has an integrated production chain and formulation lab that develops unique products using hemp cannabidiol (CBD) for healthy lifestyle brands. Fundamentally, Geyser Brands builds and markets some of the leading cannabis products and brands in the world. Its proprietary nanotechnology formulations create products with superior bioavailability and efficacy. The…

TuesdayJun 18, 2019 10:38 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Cannabis Supply Agreement

The Green Organic Dutchman is a premium, international organic cannabis company TGOD recently secured a cannabis supply agreement with Alberta Gaming, Liquor and Cannabis The company has a partnership with the world’s second-largest power-management company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) grows high-quality, organic cannabis with sustainable, all-natural principles. A premium global organic cannabis company headquartered in Mississauga, Ontario, TGOD focuses on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD’s products are laboratory tested to ensure that patients have access to a standardized, safe, consistent…

MondayJun 17, 2019 10:55 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Offers Secured Loan for Option to Buy Cannabis Oil Manufacturer

Plus Products has the right – but no obligation – to buy Emerald Bay Wellness and the business assets of Emerald Bay Extracts Emerald Bay Extracts has been one of Plus Products’ largest suppliers for the past year If the option is exercised, PLUS will reap the benefits of vertical integration and directly interact with the cannabis plant Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), manufacturer and marketer of cannabis food products, has purchased an option to buy California-based cannabis oil manufacturer Emerald Bay Wellness LLC and the business assets of Emerald Bay Extracts. The option specifies cash and stock…

ThursdayJun 13, 2019 10:29 am

Sproutly Canada Inc.’s (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Proprietary Water-Soluble CBD Formula to be Delivered in Consumable Brands

Sproutly’s groundbreaking discovery of naturally water-soluble cannabinoids is projected to be a disruptor in the emerging cannabis beverage and edibles market Chief Science Officer Dr. Arup Sen leads the company’s research and development team, which has created 44 different formulations to date The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is advancing its core mission of becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles by meeting several key milestones. The company’s chief…

ThursdayJun 13, 2019 10:05 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Secures Financing, Receives Organic Certification for Recreational Cannabis

The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd. The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer…

WednesdayJun 12, 2019 11:36 am

Geyser Brands Inc. (TSX.V: GYSR) Plans to Utilize NanoFusion Technology in World’s First Hemp-Infused Pet Food Product

Geyser Brands announced an innovative pet care product through its recent acquisition target The burgeoning pet care market has seen prominent growth The company plans to utilize NanoFusion technology in WildTails’ product development Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company, recently announced the world’s first hemp-infused, freeze-dried pet food through its acquisition target, Solace Management Group Inc. The company’s announcement aligns with its vision to help people and their pets worldwide with a range of discomfort and health care issues (http://cnw.fm/9AXsi), and to support innovation through R&D and product development. This latest new brand, WildTails, joins the…

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Month: June 2019