August 2019 - Page 2 of 3 - CanadianCannabisWire

ThursdayAug 22, 2019 11:45 am

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Enters Alternative Cannabis Consumption Market With 49% Acquisition of Cannova

Nabis Holdings is working toward the fulfilment of its strategic expansion strategy in the cannabis field through acquisitions like the recent one of Cannova The investment goals of the Canadian investment issuer focus on numerous facets of the cannabis industry, including technology development The agreement with Cannova gives Nabis exclusive distribution rights to Cannova’s sublingual strips and all of the related technology Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) is working toward its strategic investment goal through a recently announced 49 percent acquisition of Cannova Medical Ltd., a provider of innovative solutions for cannabis consumption (http://cnw.fm/zpZ2n). Nabis aims to…

ThursdayAug 22, 2019 10:19 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Gives Outsized Revenue Guidance, Closes on Truverra Acquisition

SPRWF recorded revenues of approximately $19 million net of excise tax for Q4 2019, representing a jump of over 400 percent Supreme Cannabis forecasts net revenue for fiscal 2020 in the range of $150 million to $180 million The company recently closed on its acquisition of privately held Truverra for 14.7 million common shares The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently announced preliminary figures for the quarter ended June 30, 2019, and for its full fiscal year 2019 (http://cnw.fm/S1fOo). Preliminary figures show sales of $19 million net of excise tax for the three-month period. The company…

WednesdayAug 21, 2019 1:03 pm

Geyser Brands Inc. (TSX.V: GYSR) Sees Global Opportunities in Growing Portfolio of Health-Focused CBD, Hemp Product Lines

Geyser Brands continues to strengthen its leadership team with industry leaders The company’s proprietary nanotechnology formulations transport therapeutic agents with superior bioavailability and efficacy Geyser Brands is pursuing the acquisition of Solace Management Group, solidifying its place as a leading provider of health-focused CBD and hemp products Geyser Brands Inc. (TSX.V: GYSR), a global science-led consumer health care company, builds and markets some of the world’s leading cannabis products and brands. As a licensed producer in Canada under the Cannabis Act, Geyser operates a production and processing facility in Port Coquitlam, British Columbia, developing unique products for healthy lifestyle brands (http://cnw.fm/SdE7g).…

WednesdayAug 21, 2019 11:52 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Applies for Nasdaq Listing, Announces Quarterly Highlights

The Green Organic Dutchman has applied for listing of its common shares on the Nasdaq The company announced quarterly and half-yearly financial and operational results for the periods ended June 30, 2019 Progress of its construction efforts at two sites was included on a list of corporate highlights The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) recently announced that it has applied for a listing of its common shares on the Nasdaq. The listing will require numerous regulatory moves on the part of the company, including registration of the common shares and a confirmation by the Nasdaq that TGOD has…

TuesdayAug 20, 2019 11:40 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Could Help Smokers Stub Cigarettes

Lexaria recently announced its entry into a partnership with a tobacco giant to fund the research and development of oral nicotine delivery solutions The company received a cannabis R&D license from Health Canada LXRP also announced its receipt of four new patents and its launch of ChrgD+ Many consumers don’t realize that they don’t need to smoke to partake of nicotine. In fact, new advancements are providing an alternative to the risks associated with smoking, which were first officially revealed by a damning surgeon general report in 1963 linking smoking to lung cancer, emphysema and heart disease. Case in point,…

MondayAug 19, 2019 1:07 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) R&D Finds Lack of Adverse Chemical Byproducts in Manufacture of Drug Delivery Compositions

Lexaria Bioscience is involved in the research and improvement of its trademarked DehydraTECH technology, which enhances the bioavailability of some legal drug substances used by consumers The technology provides a rapid-on, rapid-off effect that may be effectively used in cannabis-infused edibles and beverages as an alternative to mind-altering substances such as alcohol and cannabis New research has boosted Lexaria’s hopes, with findings that show no adverse NME chemical compositions were formed in several rounds of in-depth testing The company recently formed a collaboration with Hill Street Beverage Company to make cannabis-infused alternatives to alcoholic beverages By 2024, cannabis-infused beverage sales…

MondayAug 19, 2019 11:57 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Media Attention following Release of Strong Results

Organigram’s Q3 results marked its fourth quarter in a row of positive adjusted EBITDA* A Bloomberg article states that the company is an outlier due to its high margins and low production costs Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) stands out from other Canadian cannabis companies due to the fact that it has registered four quarters of positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), as a Bloomberg article about the enterprise reads (http://cnw.fm/sBS4g). Adjusted EBITDA is a non-IFRS measure. For more information, see the company’s latest MD&A. Organigram’s Q3 and fiscal year-to-date results represent some of the…

MondayAug 19, 2019 11:27 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Definitive Acquisition Agreement, Set to Strengthen Global Position

The Supreme Cannabis Company Inc. is Canada’s only coast-to-coast premium cannabis producer Supreme’s wholly owned subsidiary produces sustainably scaled, high-quality cannabis yields The company has entered into a definitive agreement to acquire Truverra Inc. The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) works with an eye to providing the world’s best cannabis products and emerging as a top competitor in the cannabis marketplace. As Canada’s only coast-to-coast premium cannabis producer, Supreme is engaged in widespread distribution and has an expert team of passionate professionals and employees. Furthermore, Supreme Cannabis secured a place among the highest revenue-recording, publicly…

WednesdayAug 14, 2019 10:50 am

MustGrow Biologics Corp. (CSE: MGRO) Pursuing Health Canada Approval for its Natural Biopesticide Products Targeting Cannabis Cultivation

Health Canada is enforcing mandatory cannabis testing for the presence of pesticide active ingredients; unauthorized pesticide use can result in seizure or recall of product, suspension/revocation of licenses and penalties of up to $1 million MustGrow is seeking Health Canada approval for its patented biopesticide as a natural, pre-pot soil treatment for soil-borne pests and diseases that affect cannabis production A joint research and development program with the National Research Council Canada is underway, with a focus on the efficacy of MustGrow’s biopesticides for use in cannabis production MustGrow’s safe and effective natural products are EPA- and PRMA-approved and registered…

TuesdayAug 13, 2019 12:42 pm

MustGrow Biologics Corp. (CSE: MGRO) Advancing Natural, Effective Pest Control Products Amid Chemical Pesticide Concerns

MustGrow Biologics is building on positive results from testing of its mustard-based pest control product, with plans to develop a concentrated liquid form that it can market to the tobacco industry MustGrow’s focus on natural, safe and effective means of pest control positions it to meet the needs of the agricultural industry at a time when pesticide toxicity is an increasing concern to businesses and consumers MustGrow is also developing a suite of products that is expected to fill the organic pest control needs of the burgeoning cannabis industry MustGrow Biologics Corp. (CSE: MGRO) is advancing its efforts to be…

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Month: August 2019