May 2021 - CanadianCannabisWire

ThursdayMay 27, 2021 11:43 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Acquisition Strengthens Company’s Footprint in Leading Cannabis Market

CHAL finalizes acquisition of five HomeGrown retail dispensaries Strategic move provides exceptional geographic compatibility with Chalice The fact that Homegrown is profitable makes this a highly accretive acquisition for GLDFF’s earnings per share In a state that is paving the way forward for cannabis, Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), previously operating under the name Golden Leaf Holdings Ltd., is making its mark. The company recently announced a transformational acquisition that brings a chain of five Oregon-based retail dispensaries under the Chalice umbrella (https://cnw.fm/weqA4). The dispensaries, previously owned by SMS Ventures LLC, known as Homegrown, are located in Portland, Salem…

ThursdayMay 27, 2021 9:00 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Builds Reputation for Quality Among Increasing Cannabis Interest

Stars are making bold statements about cannabis acceptance, efficacy as they enter cannabis business Lofty product claims may be seen as marketing ploys, but experts say there can be wellness benefits PACR’s strong focus, dedication differentiates it from other cannabis offerings, even those from big-name players in the cannabis space A growing number of celebrities are throwing their weight behind cannabis, an undeniable indication of the increasing acceptance of the compound — both as a medical and recreational option. A recent “USA Today” article notes that as more states legalize marijuana, more eyes are turning toward the industry, a trend that…

MondayMay 24, 2021 10:41 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Acquires Acreage Holdings Florida Operations

Completed acquisition of Acreage Florida, Inc and related owned and leased real estate assets Licensed to operate 35 dispensaries, a processing facility and a cultivation facility in Florida Florida cannabis market is poised for tremendous growth and it is forecasted to be a top 5 State by the year 2025 Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), the torchbearer for a new, higher standard in the American cannabis industry, has announced its new subsidiary RWB Florida LLC, has completed the acquisition of Acreage Florida, Inc. and the related owned and leased real estate assets (https://cnw.fm/xJfKg). This deal includes…

FridayMay 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Is ‘One to Watch’

The BevCanna team has decades of combined experience creating, branding and manufacturing iconic brands that resonate with consumers on a global scale BevCanna owns and operates world class infrastructure, including a 40,000-square-foot, HACCP certified manufacturing facility with a current bottling capacity of up to 210 million bottles per year for both traditional and cannabis-infused beverages, and an alkaline spring water aquifer located onsite The company delivers a diverse portfolio of beverages and nutraceuticals for both in-house brands and white labeled products BevCanna leverages a proven direct-to-consumer e-commerce strategy to sell a range of natural health products throughout North America and…

ThursdayMay 20, 2021 9:15 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is Mobilizing 30 Turn-Key Grow Pods to Provide Florida With Premium Cannabis

Florida is the third-largest market by revenue in the US, bringing in over $1.2 billion in 2020 for medical cannabis Once the acquisition of Acreage Holdings is finalized, RWB will mobilize 30 turn-key grow pods for cultivation RWB acquired licenses to open 35 dispensaries in Florida, a limited license state, more than doubling the current number there Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a super state operator of American Cannabis, targets individual states in the United States, dominating one state before expanding into another. The company’s commitment exceeds the requirements of each state in which it operates.…

WednesdayMay 19, 2021 9:15 am

Pac Roots Cannabis Corp.’S (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Focus on Premium Genetics, Iconic Branding Differentiates Products in Competitive Marketplace

PACR’s partnership with Phenome One gives it access to world’s most exclusive cannabis genetics PACR’s genetics-based approach to cultivation resulted in 350 tested cultivars, 50 super-elite strains Every ounce of 105,000-pound test run purchased by Speakeasy Cannabis Club Company recently acquired established Lords of Grasstown brand that blends cannabis, motorcycle culture Saturated supply chains and a stream of new market entrants have had little effect on Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian genetics-focused cannabis company dedicated to producing premium strains and products. PACR uses a “genetics first” approach to cultivation that is critical to…

TuesdayMay 18, 2021 1:43 pm

RYAH Group, Inc. (CSE: RYAH) Enters New Zealand Market

A partnership with Medical Kiwi LTD makes it possible for RYAH to enter the New Zealand Market Medical Kiwi was the first South Island-based company to be granted a Medicinal Cannabis license from the Ministry of Health to cultivate The potential market for medical cannabis in New Zealand is at NZ$1.5 billion RYAH Group (CSE: RYAH), a health care analytics and technology company, has entered the New Zealand market through a definitive wholesale supply and distribution agreement with Medical Kiwi LTD (https://cnw.fm/gDWk5). This agreement enables RYAH’s suite of IoT devices and cloud-based data analytics to be used in pre-clinical and…

TuesdayMay 18, 2021 9:15 am

XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Targets Potential Expansion of Rapid COVID-19 Test Kit Distribution with Delivery of 2,000 Units to Israel

XPhyto recently delivered 2,000 of its rapid Covid-ID Lab test kits to an established Israeli distributor for clinical evaluation by the Ministry of Health The delivery, which marks entry into the Middle East, follows the approval of the test kits in Europe In an earlier interview, CEO Hugh Rogers had noted that XPhyto was looking to expand distribution to various markets, including the Middle East In an interview on Proactive on March 22, XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) CEO and Director Hugh Rogers explained the implications of the CE-IVD approval (European certification) the company’s 25-minute COVID-19 RT-PCR…

FridayMay 14, 2021 12:21 pm

RYAH Group Inc. (CSE: RYAH) Releases “April 2021 Patients Patterns in New York Report” to Provide Data-Driven Insights Amid Latest Legislation Change

RYAH has released April 2021 Patients Patterns in New York Report to bring invaluable data-driven insights within the plant-based health industry amid recent recreational cannabis legislation change in this state. The company leveraged data from 4,387 New York patients within the RYAH Data ecosystem to discover New York-based patients' profiles, including their preferences and medical reasons for use. As an authority in dose-control technology for plant-based medicine, RYAH appears well placed to capitalize on growing market opportunities. RYAH Group (CSE: RYAH) (formerly known as Prime Blockchain Inc.) has announced the release of its "April 2021 Patients Patterns in New York…

TuesdayMay 11, 2021 1:16 pm

Business Booming in April: Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Lands Tolling Agreement to Extract CBD from 500 Kg Hemp Biomass

CBD-infused products market is expected to grow 48.1% annually to reach $165.7 billion by 2027 Pure Extracts Technologies’ subsidiary recently began production of goods expected to generate approximately $950,000 in revenue New tolling agreement is for extraction of 80-85% pure CBD distillate from an initial 500 kilograms (~1,102 pounds) of hemp biomass Any industry forecast for double-digit growth is one worth keeping an eye on. When experts are calling for mid-double-digit annual market growth, like that of CBD-infused products, it’s worth a head turn and a stare. Meticulous Research this month forecast this market to experience compound annual growth of…

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Month: May 2021