March 2021 - CanadianCannabisWire

WednesdayMar 31, 2021 10:50 am

Hero Technologies Inc. (HENC) Is ‘One to Watch’

Rapidly positioning itself as a multi-state operator, Hero Technologies Inc. holds a portfolio of subsidiaries with strategic operations within the cannabis industry The company currently has a multi-state vertical business model that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries Hero Technologies plans to expand on the proprietary, solar-powered aeroponic cannabis cultivation system of BlackBox Systems and Technologies, as it could help lower the industry’s carbon footprint The company’s management team is comprised of financial industry veterans who have a combined history of mergers, acquisitions and overall…

MondayMar 29, 2021 12:21 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Commences Trade on the Frankfurt Stock Exchange

Pac Roots Cannabis recently revealed it had commenced trading on the Frankfurt Stock Exchange under symbol “4XM” German listing will add on to company’s existing listings on U.S. OTC market, Canadian Securities Exchange Pac Roots’ geographically diverse capital markets presence will allow it to cater to broader, more diverse investor audience Europe’s legal cannabis market expected to swell to market value of $37.1 billion by 2027 Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company dedicated towards producing premium-quality strains and products by leveraging a genetics-focused approach, announced that as of March 18, 2021, the company…

MondayMar 29, 2021 11:56 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Orders First Functional Mushroom Shipment for Global E-Commerce Portal

PULL expands into EU through initial sale of cannabis oil extracts to German pharmaceutical company Sale to Germany expected to pave way for additional supply agreements throughout Europe Company orders first shipment of functional mushroom products for direct-to-consumer e-commerce portal, expects $15,000 gross monthly sales for each formulation PULL’s new state-of-the-art facility constructed to EU GMP standards for worldwide exports With a focus on the cannabis, hemp, functional mushrooms and rapidly emerging psychedelic sectors, Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a Canadian plant-based extraction company, is steadily increasing its market share through the achievement of several important…

WednesdayMar 24, 2021 2:25 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Raises $1.34 Million, Keeps Foot on Expansion Accelerator as a Premium Brand

Pac Roots has differentiated its hemp product, resulting in sale of all 105,000 pounds of industrial hemp from its first harvest in December Pac Roots has made series of business development moves lately, expanding its footprint in Canada, into U.S. Positive developments supported private placement in February that raised gross proceeds of $1.34 million, capital that will be used to keep growing the company After what could be described at best as a lull from 2019 through mid-2020, the legal cannabis industry has found its legs again on optimism that the current U.S. administration will shepherd in increasingly liberal standards…

WednesdayMar 24, 2021 12:24 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Plans Expanded Product Launch, Announces Order of 30,000 Vape Cartridges

Company recently submitted NNCP application for more than 20 retail cannabis products Vape products will launch as part of Pure Pulls Vapes branded product line Demand is growing for these types of offerings, particularly in Albert, British Columbia, Ontario and Saskatchewan With an e-cigarette market projected to reach more than $1.1 billion in 2021 with steady annual growth estimated at 4.83% through 2025 (https://cnw.fm/JZtOd), the recent order of more than 30,000 high-quality vape cartridges and pens by Pure Extracts Manufacturing Corp. (“Pure Manufacturing”) seems particularly well timed. Pure Manufacturing is a wholly owned subsidiary of Pure Extracts Technologies (CSE: PULL) (OTC:…

MondayMar 22, 2021 12:58 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Acquires Iconic Grasstown Brand, Closes $1.34M Private Placement

PACR recently closed share purchase agreement to acquire Lords of Grasstown Holdings Ltd. Lords of Grasstown is iconic brand with loyal following anchored in motorcycle culture of Pacific Northwest PACR closed non-brokered private placement with aggregate gross proceeds of $1,340,685.90 Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based cannabis company dedicated to producing premium-quality strains and products through a genetics-focused approach, recently announced the closing of a share purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd. whereby the company will acquire all its issued and outstanding shares. The company also announced the closing of its previously…

MondayMar 22, 2021 11:42 am

Pure Extracts Technologies Corp.’s (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Subsidiary Pure Mushrooms Corp. Submits Application to Health Canada for a Dealer’s License

Pure Extracts Technologies Corp.’s subsidiary Pure Mushrooms Corp. has submitted an application to Health Canada for a Dealer’s License Award of a Dealer’s License will enable company to procure controlled substances, conduct research, carry out business-to-business sales Pure Extracts has recently commenced a study into psilocybin-based active treatments, with research set to be carried out under auspices of Toronto Institute of Pharmaceutical Technology Functional mushroom, psychedelic drug market is forecast to grow to value of $6.85 billion by 2027 Pure Extracts Technologies (CSE: PULL) (XFRA: A2QJAJ) (XFRA: A2QJAJ), a plant-based extraction company focused on the cannabis, hemp, functional mushrooms and…

ThursdayMar 18, 2021 10:48 am

Pac Roots Cannabis Corp.’s (CSE: PACR) (OTCQB: PACRF) Acquisition of Lords of Grasstown Provides Competitive Advantage in Rapidly Growing Cannabis Market

Global cannabis market projected to reach $90.4 billion by 2026 with a CAGR of 28% PACR recently acquired iconic Lords of Grasstown brand that blends cannabis and motorcycle culture PACR uses genetics-based approach to cultivation, catalog includes 350 tested cultivars and 50 super-elite strains Company recently acquired 250 acres in Fraser Valley B.C. in process of completing 20,000 square foot cultivation facility The global cannabis market is projected to reach $90.4 billion by 2026 with a CAGR of 28% over the forecast period (https://cnw.fm/YLooO), and branding is expected to play a critical role in success as more players enter the market. Pac…

WednesdayMar 17, 2021 3:11 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Takes Milestone Step Toward Offering Product Across Canada

PULL subsidiary has submitted application to Health Canada to amend license to permit sales of product The submission follows recent announcement that Pure Extracts inked distribution agreement with an important Canadian Licensed Producer (“LP”) PULL plans on distributing exclusive vape, edible products to retail buyers across Canada As a result of the its recently inked distribution agreement with an important Canadian LP, Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) through its wholly owned subsidiary, Pure Extracts Manufacturing Corp., will be selling its exclusive, high-quality cannabis extract products to provincially authorized distributors and retailers throughout Canada by the end of April.…

MondayMar 08, 2021 11:11 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) and Canada House Wellness Group (CSE: CHV) Partner, Bringing New Cannabis 2.0 to More Canadians

Canada House subsidiary Abba Medix to distribute Pure Extract line of full spectrum oil vape and edible products throughout its nationwide network Partnership widens Pure Extracts’ footprint in Canada’s growing Cannabis 2.0 market Global extraction product market expected to reach $28.5 billion in next six years New agreement strengthens Pure Extracts’ sales channels as it looks towards international expansion There’s plenty of media coverage about increasing legalization of cannabis for medical and adult recreational use driving a broad market expected to reach $73.6 billion by 2027 (https://cnw.fm/zWr9X), but not as much about the cannabis extraction market that is growing at nearly the…

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Month: March 2021