August 2019 - CanadianCannabisWire

ThursdayAug 29, 2019 11:45 am

HTC Extraction Systems (TSX.V: HTC) Poised for Growth in Biomass Processing After Farm Bill Legalizes Hemp

The hemp-derived CBD market is projected to reach $22 billion by 2022 The company recently entered into a tolling agreement to process five million kilograms of hemp biomass HTC has entered into an agreement with Canaccord Genuity Corp. for a C$15 million bought deal private placement With the passage of the Agriculture Improvement Act of 2018 (commonly known as the 2018 farm bill), hemp production and distribution in the United States became permissible under federal law. Freed from its legal shackles, the industry is experiencing rapid growth. As production and distribution of hemp increases, the business of extracting CBD from…

WednesdayAug 28, 2019 1:51 pm

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Recreational Cannabis Market, Fulfills Shipment to Ontario Cannabis Store

The Green Organic Dutchman is a cannabis-focused research and development company The company recently completed its inaugural shipment to the Ontario Cannabis Store, marking its entry into the recreational cannabis market TGOD continues to explore strategic worldwide opportunities The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is a leading producer of premium, certified-organic cannabis. Licensed to cultivate medical cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR), the company produces organic medical cannabis in small batches using all-natural, organic, craft-growing principles. TGOD recently entered into the recreational cannabis market, where consumers are seeking a premium organic…

WednesdayAug 28, 2019 12:51 pm

Organigram Holdings Inc.’s (TSX: OGI) (NASDAQ: OGI) Commitment to Corporate Governance, Fiscal Discipline a ‘Rarity in the Industry’

Organigram’s corporate governance distinguishes the company in the cannabis industry OGI’s consistent financial performance positions it as an “anomaly in the Canadian cannabis market” The company recently upgraded from the TSX Venture Exchange to the Toronto Stock Exchange Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, is focused on producing high-quality, indoor-grown cannabis for patients and adult-recreational consumers. Championing that cause is Organigram’s leadership team, a group of seasoned professionals on the forefront of the global cannabis market who bring decades of experience…

WednesdayAug 28, 2019 12:03 pm

HTC Extraction Systems (TSX.V: HTC) Leveraging CBD Extraction, Refining Prowess for International Cannabinoid Isolate Markets

HTC Extraction Systems is an experienced and successful gas, liquids and biomass extractor and refiner using patented technologies for extraction and distillation processes HTC is building a 19,000-square-foot GMP Euro-compliant extraction, purification and distillation facility in Saskatchewan, and it is scouting to build another in the United States for hemp extraction services The company recently announced a common shares bought deal, whereby, subject to closing, $15 million in aggregate gross proceeds will be added to its bottom line Extraction and distillation technology developer HTC Extraction Systems (TSX.V: HTC) is celebrating news that a group of underwriters has agreed, subject to…

WednesdayAug 28, 2019 11:33 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds Cannabis Edibles, Bluetooth Dosing Tech to Growing Recreational Use Operation

West Coast-based IONIC Brands has focused on vape products for recreational cannabis users, but a new agreement with a Washington-based partner grants it a foothold in the edibles and infused products sectors A second agreement between IONIC and an Australian Bluetooth technology producer will grant IONIC’s consumers access to vaporizer tech originally designed to help medical patients control the dosing of their medications The agreements mark an expansion of the cannabis holding company’s ability to provide secure dosing to recreational users IONIC expects to launch its newest vape product using the technology during the third quarter Cannabis holding company IONIC…

TuesdayAug 27, 2019 11:39 am

HTC Extraction Systems (TSX.V: HTC) is “One to Watch”

HTC announced entering into a letter agreement for a CAD$15 million bought deal private placement of units led by Canaccord Genuity Corp. on July 3, 2019 (subject to closing); HTC’s business model includes owning physical assets at extraction and purification facilities to serve the clean energy and hemp biomass industries; Hemp biomass tolling contracts with producers and hemp biomass providers are either signed or being negotiated in Canada and the U.S.; HTC will provide “local to grower” drying-to-biomass storage capability and transportation of dried biomass to HTC extraction facilities; HTC is constructing a 19,000-square-foot GMP Euro compliant extraction tolling facility…

TuesdayAug 27, 2019 11:09 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds to Multistate Portfolio with Nevada Acquisition

Combined adult-use and medical cannabis sales in Nevada reached nearly $530 million in 2018, the first full year of legal recreational sales The company’s acquisition of Vegas Valley Growers North in Las Vegas included production facilities, four state licenses and popular Nevada vape brand ‘Vegas M Stick’ National cannabis holding company IONIC Brands Corp. (CSE: IONC) (OTC: IONKF), formerly Zara Resources Inc., recently added to its multistate portfolio of award-winning cannabis brands with the purchase of Vegas Valley Growers North (“VVG”), a Las Vegas, Nevada, state-licensed cultivation and manufacturing firm for medical and recreational cannabis. The vertically-integrated, cash-flow positive opportunity brings…

MondayAug 26, 2019 2:00 pm

CannaPharmaRx Inc. (CPMD) Developing Cultivation Facilities Across Canada, Aiming to Build Profile in Burgeoning Industry

CannaPharmaRx is in the process of acquiring, funding and developing three significant cannabis cultivation sites in Ontario and British Columbia The company’s agreements with the facilities’ owners grant it access to cultivation sites that could return close to 300,000 pounds of product per year The global cannabis cultivation industry is expected to become a nearly $155 billion market by 2026 Real estate investment and early-stage pharmaceutical company CannaPharmaRx Inc. (OTC: CPMD) is advancing its plans to become a cannabis cultivator using proprietary formulation and drug delivery technology currently in development to expand in an industry that is evolving at an…

MondayAug 26, 2019 11:49 am

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Inks Agreement Increasing Cannabis Holdings in Arizona’s Greening Desert

Cannabis investment building company Nabis Holdings is establishing a profile of synergistic and vertical properties across the United States The company recently announced an agreement to gain 100 percent of the membership units in a Phoenix-based medical marijuana asset, including a dispensary in a community that serves more than 132,000 unique patients The acquisition adds to Nabis’ already growing profile in the state, including a broad dispensary network, cultivation facility and greenhouse north of Phoenix Nabis expects its revenues to see a sharp increase during the next two years with its acquisition strategy Vertically integrated cannabis specialty investment company Nabis…

FridayAug 23, 2019 12:17 pm

MustGrow Biologics Corp. (CSE: MGRO) Building Suite of Natural Biologic Products for Cannabis and Other Industries

MustGrow Biologics is developing mustard-based pest control products that can be sold on an industrial scale to help cannabis, fruit & vegetable, turf & ornamental and tobacco producers MustGrow’s non-synthetic focus on alternatives to chemical pesticides grants it a position of responsibility during an era when pesticide poisoning reports are increasing The company is turning its attention to the needs of the tobacco industry and the burgeoning cannabis industry in Canada The ever pressing need to make produce available to people rather than the insects that prowl gardens and agricultural fields has led to the development of a wide array…

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Month: August 2019