NewsRoom Articles - Page 56 of 115 - CanadianCannabisWire

ThursdayOct 31, 2019 11:49 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Stock Jumps After FDA Announcement on Smokeless Tobacco Products

LXRP stock jumped by 24 percent following the FDA’s announcement FDA recently granted the first-ever, modified-risk orders to eight smokeless tobacco products DehydraTECH technology enhances oral delivery of nicotine The recent climb in the stock price of Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) looks to be the harbinger of a bright future for the innovative global developer of drug-delivery platforms. After the FDA announced it had authorized the marketing of products through the modified-risk, tobacco-product (MRTP) pathway, LXRP stock jumped 24 percent, up to $0.72 from $0.58 on the OTC Markets. The rapid rise in Lexaria stock price is…

WednesdayOct 30, 2019 12:26 pm

HTC Extraction Systems (TSX.V: HTC) to Expand Operations with $10 Million in New Funding

HTC recently closed a bought deal private placement worth $10 million in funding Demand for hemp biomass continues to grow with the U.S. hemp-derived CBD market expected to reach $22 billion by 2022 HTC’s proprietary biomass processing methodology maximizes extraction and purification of hemp biomass After successfully raising $10 million in a private placement financing of 25 million units of the company, HTC Extraction Systems (TSX.V: HTC) is poised to expand its role in the cannabidiol (CBD) extraction market. HTC plans to use the funds for purchase of extraction, purification and refining equipment, and for general working capital purposes, the…

MondayOct 28, 2019 12:12 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Appoints Chief Scientific Officer, Rounds-out Industry Leading Management Team

PLUS recently appointed a respected researcher, Dr. Ari Mackler, as its chief scientific officer to oversee the company’s research and education efforts The company’s CEO believes that Mackler will play an invaluable role in PLUS’ forward operations, positioning it among industry thought leaders The new CSO joins a proven team of professionals, including former CPG executives, chefs, chemists and food-manufacturing experts Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis-branded product company with the two best-selling cannabis products in California, is committed to careful, deliberate product research, formulation and delivery. As part of the company’s strategic plan to strengthen…

FridayOct 25, 2019 11:09 am

CBD Extraction Market Grows by 22.1%, HTC Extraction Systems (TSX.V: HTC) Sees Increase in Revenue

The U.S. CBD market is expected to grow to $22 billion by 2022 CBD extraction from hemp biomass is proving to be the preferred method due to its relatively low cost and high yields in comparison to cannabis extraction HTC Extraction Systems has already positioned itself for market success due to its proprietary extraction technology The CBD extraction market will register exponential growth in the years to come, market reports suggest. According to a Cannabis Extract Market Size report, the annual growth rate for CBD extraction is set at 22.1 percent and the market is anticipated to reach $23.7 billion…

ThursdayOct 24, 2019 1:31 pm

HTC Extraction Systems (TSX.V: HTC) Building on Financing in Bid to Become Go-to CBD FSO Extractor and Refiner

HTC Extraction Systems is advancing its strategy to use its ethanol-based distillation know-how to extract and refine cannabidiol full spectrum oil in Canada and the United States The company’s proprietary Delta Purification system and DeltaSolv technologies will be housed in a Saskatchewan biomass processing facility, with a future second facility anticipated in the United States HTC closed a bought deal agreement on October 22 worth $10 million in funding for the company’s operations The company reported unaudited interim condensed consolidated financial results in August that showed the company experienced a three-fold increase in revenue for the year HTC Extraction Systems…

ThursdayOct 24, 2019 10:54 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gives ‘Power to Flower’ in Certified Organic Cultivation Process

TGOD is the only licensed producer to grow certified organic cannabis at scale The Green Organic Dutchman’s processes are certified by two of the largest organic certification organizations in the world The company’s certified-organic process benefits consumers, the community and the environment The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), a global leader in cultivating premium, certified organic cannabis, prides itself on its commitment to producing premium organic cannabis. The company is the only Licensed Producer to grow certified organic cannabis at scale. Maintaining that commitment isn’t easy, but TGOD’s higher standard of organic growing has attracted a…

WednesdayOct 23, 2019 12:41 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Makes Strides with Patented DehydraTECH™ Drug Delivery Platform

Lexaria Bioscience Corp. continues to make progress in the patenting and development of its DehydraTECH™ platform Lexaria developed the patented DehydraTECH™ drug delivery platform as a safer alternative to inhalation of nicotine or cannabinoids DehydraTECH™ has been shown to facilitate rapid uptake and highly targeted delivery of pharmaceuticals to the brain Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has levered innovation, research and development into operations in four market verticals: cannabis, hemp, nicotine, and pharmaceuticals. Lexaria already introduced the DehydraTECH™ drug delivery platform into commercial use and has a second-generation delivery platform ready for launch in 2020. Lexaria is the…

TuesdayOct 22, 2019 1:19 pm

Geyser Brands Inc. (TSX.V: GYSR) Delivers Established Cannabis Labels to Consumer Health Care Markets

Geyser Brands recently received a processing license and implemented manufacturing at a licensed production (LP) facility The company developed NanoFusion, an advanced nanotechnology drug-delivery system GYSR recently acquired Solace Management Group Inc. Now that cannabis is losing its illegitimacy, derivatives of the plant are permeating consumer markets at a rapidly growing pace, thanks to companies such as Geyser Brands Inc. (TSX.V: GYSR). The global cannabis-powered and science-led consumer health care company offers products in a diverse range of markets, from fast-moving consumer goods and over-the-counter pharmaceuticals to medical cannabis. In October 2018, Geyser received its Health Canada cultivation license and,…

MondayOct 21, 2019 12:26 pm

As CBD Shines, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Fuels Growth of National and Global Distribution Networks

The lucrative U.S. CBD market is estimated to reach $5 billion this year, marking an impressive 706 percent increase from 2018 The growing trend is expected to continue, with industry forecasts putting CBD’s CAGR at 107 percent to reach $23.7 billion by 2023 Wildflower Brands is well positioned to take advantage of this trend and expand its market presence domestically and internationally The company’s branded premium products are currently available at 600 locations The cannabis industry is historically a newcomer to global markets, yet legal sales worldwide reached $11 billion in 2018 from only $3.4 billion 2014 (http://cnw.fm/JNd90). The industry’s outlook…

MondayOct 21, 2019 10:42 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Receives Oil Sales License for Blissco Wellness Brand

SPRWF subsidiary Blissco recently received Health Canada licensing approval to sell cannabis oils Blissco expected to produce more than seven million tincture bottles annually Supreme Cannabis says that the subsidiary will make a significant impact on its FY2020 revenues The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies including subsidiary Blissco Cannabis Corp., announced that Blissco has received licensing approval from Health Canada for the sale of cannabis oils from its Langley, British Columbia, facility (http://cnw.fm/3oUVy). The highly anticipated licensing means that Blissco now has government approval to sell full spectrum cannabidiol…

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