NewsRoom Articles - Page 54 of 115 - CanadianCannabisWire

MondayDec 09, 2019 11:22 am

HTC Extraction Systems (TSX.V: HTC) Reports Continued Revenue Growth in Third Quarter Results

HTC Extraction Systems is turning its distillation technology prowess toward hemp biomass refining for the cannabidiol (CBD) product market The company recently reported third quarter financial results showing a year-over-year revenue increase of more than 2.5 times largely due to agri-infrastructure operations, but expects to see new and greater growth as its CBD production takes shape The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan that will house its quality-assurance testing and product-development laboratories as well as its extraction and formulation-processing operations HTC has also recently acquired California-based Kase Farma Inc., an extraction and formulation company in…

FridayDec 06, 2019 11:21 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Unveils Full-Spectrum CBD Oil

SPRWF launches Pūr Dew, an exclusive, full-spectrum CBD oil available under company’s wellness-focused brand, Blissco New product part of company’s strategic entry into one of the fastest-growing product segments Initially available in British Columbia, new product expected in other provinces in coming months The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, has launched its newest product – Pūr Dew, an exclusive, full-spectrum CBD oil available under the company’s wellness-focused brand, Blissco (http://cnw.fm/G4tkm). The product marks a milestone for Supreme Cannabis Company as it enters the CBD market; current SPRWF products include…

ThursdayDec 05, 2019 12:54 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces New VP to Lead Sales Operations

SPRWF welcomes new senior vice president of commercial to executive team Joel Toguri to advance and oversee company’s provincial, retail sales operations across all brands New VP has two decades of experience spanning the cannabis, alcohol beverage, and apparel industries The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, has announced the appointment of a new senior vice president of commercial (http://cnw.fm/XWt6G). With more than two decades of regulated industry expertise under his belt, including experience working in the cannabis space, Joel Toguri is well suited to further strengthening the SPRWF executive…

ThursdayDec 05, 2019 11:56 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Makes Edible Drug Delivery Platform Even Faster

Lexaria Bioscience is a company that is passionate about establishing alternatives to inhalation for rapid-response drug substance delivery in order to eliminate the lung harm that smoking or vaping may cause Lexaria’s DehydraTECH platform has generated numerous patents with more pending as a way to provide quick substance delivery to the user’s bloodstream and better access through the blood-brain barrier Lexaria recently announced it had further improved DehydraTECH, as demonstrated in testing that showed early pilot-stage human trial participants began to note edible THC effects in under 10 minutes – more rapidly than the previous DehydraTECH formulation Prior technology testing…

WednesdayDec 04, 2019 2:19 pm

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH™ Drug Delivery Platform Proven to Enhance Absorption of Bioactive Compounds

DehydraTECH™ is patent protected for multiple Active Pharmaceutical Ingredients (APIs) including hemp oil CBD and cannabis, nicotine, non-steroidal anti-inflammatory drugs, and fat-soluble vitamins Lexaria has 16 patents granted and over 60 patent applications pending worldwide DehydraTECH™ shown to facilitate rapid uptake and highly targeted delivery of pharmaceuticals to the brain Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, is accelerating its patented DehydraTECH based drug delivery technology and formulation development. Funding received from the first tranche of Lexaria’s previously announced private placement of units, issued at a price of $0.45 per unit, realized gross…

WednesdayDec 04, 2019 11:38 am

HTC Extraction Systems (TSX.V: HTC) Acquisition Augments Company’s Output Capability

HTC acquires California-based Kase Farma Inc. HTC Extraction Systems announces tolling contracts, project progress and more Hemp-derived CBD market set to grow to $22 billion by 2022 With the acquisition of a company engaged in the extraction, purification and wholesale distribution of hemp-based cannabinoid extracts, HTC Extraction Systems (TSX.V: HTC) has bolstered its output capability and institutional knowledge considerably. The acquired entity – Kase Farma Inc. of Ceres, California – is currently expanding and upgrading its extraction, refining and processing operations. Kase Farma will enter into an intellectual property licensing agreement with Starling Brands Inc., the vendor. Under this licensing…

WednesdayNov 27, 2019 11:28 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Creating Quality Transformative Brands, Eyeing International Growth

Supreme follows three-pronged strategy to produce high-quality cannabis and achieve deliberate growth Supreme Cannabis nears completion of construction on focused operating assets As production numbers and product lines grow, SPRWF continues international expansion The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, is committed to using its knowledge of the cannabis plant to create transformative brands that deliver positive experiences. As a result, the company has emerged as one of the world’s fastest-growing, premium-plant-driven lifestyle companies by effectively deploying capital to build a diversified portfolio of successful cannabis brands. At the…

TuesdayNov 26, 2019 12:51 pm

HTC Extraction Systems (TSX.V: HTC) Acquires California-based Kase Farma Inc. and Launches Tolling Contracts as Part of Strategic Initiatives

HTC acquires California hemp-based extraction, formulation and refining operation of Kase Farma and completes tolling contracts HTC has finalized construction of two new hemp biomass processing and storage facilities, with extraction equipment set to arrive in December 2019 Canada’s cannabis industry will total $3.7 billion by the end of 2020 U.S. sales of hemp-based CBD products set to grow at a CAGR of 147 percent, reaching $22 billion by 2022 HTC Extraction Systems (TSX.V: HTC), a hemp-biomass extraction and formulation company, is well positioned to profit from the fast-growing hemp and CBD, CBG and CBN market, in light of recently…

MondayNov 25, 2019 10:24 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Anticipates Increased Funding of up to $103 Million

TGOD’s ability to secure significant capital reflects its establishment in industry and strong governance foundation The financing plan involved several components, including a sale-leaseback of Ancaster Energy Centre, a $40 million construction mortgage loan with an investment fund, and a $30 million convertible note. Company plans for utilization of capital include completing construction of its various facilities and achieving national product distribution The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, recently signed agreements for increased funding amounting to up to $103 million. The company’s ability to secure capital at a…

ThursdayNov 21, 2019 12:54 pm

Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) Eyes Opportunity to Provide Biosynthetic Cannabinoids in Market with Explosive Potential

Willow’s plan to provide biosynthetic cannabinoid has potential to disrupt the cannabis-industry supply chain Biosynthetically derived cannabinoids offer unique advantages related to reliability, scalability, quality and cost Key collaboration allows company to capitalize on enormous market opportunity Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF), an emerging biotechnology company focused on the biosynthetic production of cannabinoids, believes that the cannabis industry presents an exciting opportunity for the well-positioned company. As the market anticipates the legalization of cannabis-derivative products in Canada, and the CBD legal landscape continues to change rapidly in the United States and around the world, cannabinoids are appearing as…

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