NewsRoom Articles - Page 67 of 112 - CanadianCannabisWire

TuesdayJun 11, 2019 9:54 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Announces C$15M Investment Commitment in Infused Chocolate Production Facility

Anticipating Canadian legalization of adult-use cannabis edibles in October 2019, Organigram recently announced a C$15 million investment commitment in a high-speed, high-capacity, fully automated chocolate line Production capacity is expected to be about 4 million kilograms per year of exceptional chocolate cannabis edibles The company’s chocolate launch is being led by a product development and production team with more than 25 years of combined chocolate experience and expertise Canada is drawing closer to the legalization of edibles and derivative products, which is expected to occur this fall. As noted by Green Entrepreneur, edibles are expected to increase to 12-14 percent…

MondayJun 10, 2019 12:09 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q1 Results, Begins Trading on OTCQX Best Market

The company maintains the top two best-selling edible cannabis products in California Plus is working to make cannabis safe and approachable for all The company recently reported a 4.9 percent increase in sales over Q4 2018, bringing Q1 2019 retail sales to $10.84 million Plus recently commenced trading on the OTCQX Best Market Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited first quarter 2019 results (http://cnw.fm/CxBl2). As the edibles’ share of the cannabis market continues to grow, PLUS is well positioned to lead the way in the branded products space. The company is one of the fastest-growing brands…

MondayJun 10, 2019 11:47 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Purchases Key Assets, Continues Aggressive Expansion

Innovative Properties officially changed its name to Nabis Holdings Inc. Nabis Holdings continues to pursue investment in high-performing operators in the cannabis industry The company purchased assets from PDT Technologies to expand its production and licensing capabilities Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a Canadian investment company pursuing interests in high-quality cash-flow assets in real estate, securities, cryptocurrency and all branches of the cannabis sector, has undergone a name change. Nabis Holdings will continue its focus on strategic revenue generation by investing in successful vertically integrated operators. Effective May 6, 2019, the company formerly known as Innovative Properties…

MondayJun 10, 2019 10:22 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Designs Premium Recreational Cannabis Brand ‘Caliber’

A high-quality manufacturing process, award-winning genetics and distinct premium packaging combine for a superior cannabis experience with the Caliber brand Sproutly’s wholly owned subsidiary, Toronto Herbal Remedies Inc., holds Access to Cannabis for Medical Purposes Regulations licenses to cultivate and process cannabis Sproutly’s innovations in cannabis include groundbreaking water-soluble cannabis solutions and bio-natural oils for use in the beverage and consumables market Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) holds several aces in hand when it comes to the competitive Canadian cannabis marketplace. Sproutly recently provided an update on the company’s premium cannabis brand for the recreational market…

FridayJun 07, 2019 11:24 am

IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Growing into Multi-Product, Multi-State Cannabis Powerhouse

The core IONIC product line is building on the growing social appeal of cannabis, with plans to add infused beverages, edibles and low-dose entries to vaping standards IONIC’s strategic acquisitions promote an organic growth platform that is expected to expand from the West Coast across the United States this year The launch of its Lucid Green technology exhibits IONIC’s commitment to product quality and industry transparency through a QR code rewards program The recent growth of the cannabis industry as a global, socially appealing phenomenon has given rise to an inspiring mood-focused mission for holding company IONIC Brands Corp. (CSE:…

FridayJun 07, 2019 10:35 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Signs Partnership Agreement, Expands into Nevada

PLUS recently entered into a definitive partnership agreement with TapRoot Holdings Inc. As PLUS expands beyond its home market of California, it wants to ensure that its product remains consistent TapRoot offers Nevada licenses and industry knowledge, enabling rapid deployment into new markets Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a manufacturer and marketer of cannabis food products, has expanded beyond its home market of California. The company has entered into a definitive partnership agreement with TapRoot Holdings Inc., which holds seven retail licenses in Nevada and has a deep understanding of the Nevada market (http://cnw.fm/CPlm2). PLUS entered Nevada with the…

FridayJun 07, 2019 10:06 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Develops Vertically Integrated Cannabis Portfolio, Forecasts Revenue Growth

Analysts predict that the global legal marijuana market will reach $146.4 billion in annual sales by 2025 Nabis Holdings is building assets across the cannabis spectrum in multiple states, with visions of international expansion, to capitalize on the trending market Thanks primarily to acquired assets and LOI-process holdings in Michigan, Nabis anticipates a significant revenue and EBITDA jump between 2019 and 2020 as cultivation facilities come online and recreational market sales begin The tremendous growth in a variety of cannabis-use industries capitalizing on the plant’s lifestyle-enhancing properties has opened a wide field of investment opportunity to Nabis Holdings (CSE: NAB)…

ThursdayJun 06, 2019 11:55 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Delivers 475% More CBD to the Bloodstream

LXRP’s DehydraTECH has been shown to outperform conventional cannabis formulations and deliver 475 percent more CBD to the bloodstream in the first 15 minutes Compared to other industry formulations, DehydraTECH delivered cannabinoids quicker at industry-leading volumes A DehydraTECH formulation achieved a 319 percent higher CBD blood concentration level at 60 minutes than the generic coconut oil formulation Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) patented DehydraTECH delivery technology has demonstrated in animal lab tests that it can deliver cannabinoids to the bloodstream more quickly than conventional cannabinoid formulations (http://cnw.fm/YT1r4). At 15 minutes into the test, the DehydraTECH formulation achieved a…

ThursdayJun 06, 2019 10:57 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Acquire Soldaze Cannabis Snacks; Video Highlights California Production Hub’s Value

TransCanna Holdings has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, one of its 15 planned premium cannabis brands TransCanna’s recently acquired 196,000-square-foot self-contained production and distribution facility in Modesto, California, was featured in a new video tour of the site The facility is being developed as a hub for statewide distribution to various company satellite facilities in premium markets The company has plans for developing a still-larger cultivation facility on the 5.5-acre Modesto site as it grows and obtains more funding TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) has signed a non-binding letter of intent, dated May 15,…

WednesdayJun 05, 2019 10:23 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expands Opportunities for 1906 Edibles

LXRP has expanded its cannabis product relationship with Nuka Enterprises’ 1906 brand DehydraTECH enables 1906 chocolates to deliver on both function and flavor The company is expecting a tenfold increase in sales with expansion to legal markets Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), the developer and out-licenser for the disruptive and cost-effective DehydraTECH, recently announced that it has expanded its cannabis product relationship with Nuka Enterprises LLC, maker of 1906 cannabis edibles for high-functioning adults (http://cnw.fm/JN0vh). Since its beginnings in 2016, 1906 chocolates have benefited from DehydraTECH technology. In three short years, Nuka has become Colorado’s fastest-growing edibles company, and…

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