Uncategorized Archives - Page 76 of 112

WednesdayMar 27, 2019 11:08 am

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Completes Equity-for-Debt Swap

Redfund converts loan into equity position in Mary’s Wellness Ltd. Company’s equity stake totals 5.55 percent of the cannabis-infused tea manufacturer First year global sales for Mary’s Wellness Ltd. forecast to hit $12 million The recent announcement by Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) of an equity-for-debt swap is a good indication of the merchant bank’s innovative approach to providing capital. It also sets up a win-win scenario for both the client, which benefits from reduced leverage and interest payments, and Redfund, which gets a shot at any upside. Arrangements like these demonstrate Redfund’s willingness to work…

WednesdayMar 27, 2019 9:53 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employing APP Technology to Transform the Cannabis Beverage Market

Sproutly Canada combining advanced cannabis cultivation and transformational technologies to foster innovation in the cannabis industry The company has acquired biotech company Infusion Biosciences Sproutly owns the exclusive rights to Infusion’s APP technology in various jurisdictions Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is developing and marketing cannabis consumer products with an emphasis on beverages. The company acquired Infusion Biosciences to bring to market its patent-pending aqueous phytorecovery process (“APP”) technology. This scientific, pioneering discovery of naturally water-soluble cannabinoids is transforming the cannabis beverage market. A Canadian licensed producer, Sproutly Canada has its corporate headquarters in Vancouver, British…

TuesdayMar 26, 2019 1:21 pm

Strategic Acquisition Spree Spurs ‘Buy’ Recommendation for C21 Investments Inc. (CSE: CXXI)

Booming cannabis industry still in early stages and fragmented Industry consolidation inevitable Prospective opportunities likely with consolidators From the shadows, cannabis has surged into the spotlight, establishing medical credence and economic clout along the way. The nascent industry has shaken off early trepidations and has now become a serious and respected sector in the financial arena. Consensus is that both the cannabis markets and the industry itself are just in their early stages and are expected to grow exponentially from here. Much like the early days of the internet gold rush, a multiplicity of business enterprises are sweeping over the…

TuesdayMar 26, 2019 12:25 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Global Medical Cannabis Strategy

The Supreme Cannabis Company focuses on high-quality cannabis products via its 7ACRES subsidiary The company also has a strategic equity investment in Medigrow Lesotho Supreme has signed a letter of intent with Malta Enterprises BMO recently initiated coverage of Supreme The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) concentrates on growing the world’s best cannabis and becoming a leader in the global industry. The company’s flagship brand is 7ACRES, which is its licensed producer subsidiary that operates a 440,000-square-foot facility in Kincardine, Ontario. The 7ACRES subsidiary received ‘Brand of the Year’ recognition at the 2018 Canadian Cannabis…

TuesdayMar 26, 2019 11:56 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Revolutionary Technology is Disrupting the Cannabis Edibles Industry

Lexaria Bioscience Corp. is the only company worldwide with patents issued for oral delivery of all cannabinoids Its proprietary technology bests traditional methods such as inhalation in several key ways The company continues to enhance its intellectual property portfolio as it pursues patents around the world Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a food biosciences company, has developed a proprietary technology that has revolutionized the way cannabidiol (CBD) and other non-psychoactive cannabinoids are delivered into the bloodstream. Lexaria, the only company worldwide with patents issued for oral delivery of all cannabinoids, has greatly improved the delivery of bioactive compounds.…

TuesdayMar 26, 2019 11:30 am

John Cochran, Harvest Health & Recreation Inc. COO and former Pabst Brewing Co. CEO, to Deliver Cannabis Conference 2019 Welcome Keynote

John Cochran, Chief Operating Officer of Harvest Health & Recreation, (CSE: HARV) (OTCQX: HRVSF) (“Harvest”), will deliver the Welcome Keynote, “Tapping the Beverage Market Boom,” at Cannabis Conference 2019, April 1-3, in Las Vegas, Nev. “While alcohol and cannabis differ in many ways, the regulatory framework and consumer trends shed light on the future of the plant in this country and around the world,” said Cochran, who is the former CEO of multistate cannabis company Loudpack Inc., former CEO of Pabst Brewing Company, and former president and COO of Fiji Water Company. “I’m excited to share the lessons I’ve learned after decades at some…

TuesdayMar 26, 2019 11:17 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Anticipates Year of Growth through Strategic Partnerships, Cannabis Beverage Tech

Sproutly Canada reaches company milestone with its first completed harvests of premium quality, small-batch cannabis The company offers the world’s first natural, truly water-soluble cannabis solution made with bio-natural oils through subsidiary Infusion Biosciences The Canadian cannabis beverage market is estimated to reach up to $4.4 billion by 2024 Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) envisions a year of growth and expansion through its focus on cannabis beverages made using a revolutionary process featuring water-soluble ingredients. Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage…

FridayMar 22, 2019 11:39 am

The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Medical Cannabis Products are Now Available on Shoppers Drug Mart’s Online Store

Shoppers Drug Mart is now the exclusive direct-to-patient online provider of FlowrRx products The agreement between Flowr Corporation and Shoppers Drug Mart is expected to solidify Flowr’s leading position in the Canadian medicinal cannabis market Flowr is already a leader in terms of high yields and low production costs – two factors that are proving to be determining for the success of cannabis companies FlowrRX products by The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) are now available for purchase through the Shoppers Drug Mart online medical cannabis platform, as the company announced on March 18, 2019 (http://cnw.fm/IA9Pi). The two companies confirmed…

ThursdayMar 21, 2019 12:23 pm

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Focusing on Innovative Products in the Cannabis Edibles Space

Plus Products creates cannabis edibles using extracts The company focuses on making safe and delicious cannabis products Plus Products is concentrating on growth via acquisitions and product expansion Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) creates safe and flavorful cannabis food products. The company focuses on producing edibles using extracts to ensure compliant, dosable, appetizing products that provide a consistent cannabis experience. A chef from a Michelin-starred restaurant, an Ivy League chemist and food manufacturing experts founded Plus Products. Headquartered in San Mateo, California, the company’s team now includes an impressive roster of professional chefs, chemists, food-manufacturing experts, engineers, machinists,…

ThursdayMar 21, 2019 10:56 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8 Million Private Placement, Will Use Funding to Build Out Manufacturing Capability

Private placement closed at $1.8 million, higher than the initial target of $1.75 million Proceeds will be used to develop and enhance Wildflower’s manufacturing capability in Washington State; this development will give the company a better chance to address the growing market demand for its products Over the years, Wildflower has established a solid distribution network across the U.S., and the company also registered significant growth through its direct-to-consumer online store Vancouver-based cannabis company Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) recently announced that it has closed a previously detailed placement of units at a price of C$0.54 per unit.…

News and Publishing Service for Cannabis Related, Canadian Companies

Contact us: 512.354.7000

Category: Uncategorized