February 2020 - CanadianCannabisWire

WednesdayFeb 26, 2020 10:43 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Signs Landmark Sales Agreement with Leading Cannabis Distributor

SPRWF partners with humble+fume to offer complete cannabis solution to cannabis retailers Agreement achieves coast-to-coast coverage with 14 sales professionals managing relationships at a store level Supreme Cannabis accelerate revenue generation with plan to introduce new consumer-facing brands at all key price points Across Canada, a growing number of retail stores are opening as more and more cannabis consumers are opting to purchase cannabis products in store where they can view products and benefit from budtender recommendations. With this in mind, The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a company dedicated to growing the world’s best…

TuesdayFeb 25, 2020 11:51 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enhances Cannabis Products’ Shelf-Life Potency, Addressing Industry Distribution Challenges

Many cannabis companies have struggled with declining investor interest amid product delivery shortfalls and adverse revenue reports The distribution obstacles have exacerbated company concerns by creating choking points for inventory, which can quickly lose potency in storage Lexaria Bioscience’s trademarked DehydraTECH powder-creating technology helps preserve cannabinoid effectiveness and extend storage potential 2 to 3 years The DehydraTECH platform also provides a key benefit in making cannabinoids, nicotine, NSAIDs and other drug products bioavailable as rapidly as inhaled products An alternative to inhaled smokes and vapes could provide health and wellness benefits to consumers by eliminating harm to users’ lungs Lexaria’s…

TuesdayFeb 25, 2020 11:21 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Planning Brand Portfolio Expansion; Focusing on Two New Categories

PLUS targets new consumer demographics as it eyes wellness/relief and get-high, have-fun spaces Company has established reputation for providing top-selling, quality edibles In the wake of a cannabis competitor losing its license, hemp and cannabis food company Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is reiterating its commitment to quality production as it gears up to launch a new line of products to supplement its already top-selling edibles. PLUS has announced plans to expand its brand portfolio in Q1 2020 as the cannabis-savvy company targets consumers outside of its core demographic (http://cnw.fm/7AcMk). Plus Products’ commitment to quality is particularly meaningful following…

MondayFeb 24, 2020 1:17 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Enters New Markets with Proven Strategy

Cannabis industry saw 45.7% increase in legal cannabis sales last year Interview with PLUS highlights strong start to 2020 Building a brand in largest competitive market has proven company quality and standards; setting up expansion into new markets Legal cannabis spending worldwide increased from $10.2 billion in 2018 to $14.9 billion in 2019, making for a 45.7% increase driven primarily by the adult-use markets, reports the Arcview Group, a market research firm that specializes in cannabis. Arcview is now forecasting sales worldwide to reach $42.7 billion by 2024. This is exciting news for Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF),…

FridayFeb 14, 2020 11:57 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Demonstrates Applicability of Drug Delivery Platform Through Relationships with Fortune 500 Leaders

Lexaria’s DehydraTECH(TM) drug delivery platform a feasible and healthier alternative to other delivery methods The fast-acting, high absorption technology improves dipping experience and consumer satisfaction Company expects to more than double its 2019 revenue this year, will pursue a new capital markets strategy to qualify for listing on a nationally recognized U.S. exchange Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms and one of the few companies active in the field of cannabis to have developed formal relationships with Fortune 500 industry leaders, is experiencing strong demand from many companies requesting pre-processed DehydraTECH(TM)-enhanced bulk powders.…

ThursdayFeb 13, 2020 12:07 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Cannabis Oral Pouch & Dip Niche through Lucrative New Partnership

Lexaria’s fast-acting, high absorption technology will improve dipping experience and consumer satisfaction Partnership will enable Lexaria’s to provide its DehydraTECH(TM) drug delivery platform to Cannadips Cannnabis products in California and nationwide Cannadips to open one-of-a-kind cannabis oral pouch and dip research facility Global innovators in drug delivery platforms Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) will provide its patented DehydraTECH(TM) technology to Cannadips Cannabis for use on the latter’s market in California and nationwide according to a new definitive agreement. Currently, Cannadips Cannabis Tins are sold in California. Each tin contains 15 pouches with 10 mg of tetrahydrocannabinol each, no…

TuesdayFeb 11, 2020 11:21 am

Amid CBD’s Ambivalent Regulatory Outlook, HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Set to Gain from Extraction Services Industry

For some 15 years, HTC Extraction Systems has built an IP that distills and recycles ethanol and ethanol-based solvents, and is now turning its experience to the cannabinoid extract industries’ potential While regulatory federal officials in the United States continue to regard cannabinoid extracts such as cannabidiol (CBD) as potentially unsafe for ingestion, the producers of topicals and oils served by extractors such as HTC Extraction Systems continue to enjoy high-margin possibilities The company is installing new equipment at the California-based and Saskatchewan facilities that will give it the capacity to process up to 12,000 pounds of hemp biomass per…

TuesdayFeb 04, 2020 11:41 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Expects to Launch Cannabis Products in Q1, Aims to Become World’s Strongest Cannabis Brand

PLUS plans to build on legacy of success as it expects to announce two new product offerings in Q1 2020 Company has best-selling cannabis products in California New products to launch wellness/relief and “get high/have fun” product categories With the best-selling cannabis product in California among its powerful product lineup, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is looking to build on its legacy of success as it plans to grow its product portfolio this year. Bolstered by the success garnered in 2019, PLUS plans on releasing two new cannabis product offerings in Q1 2020. “PLUS is expanding its brand…

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Month: February 2020