NewsRoom Articles - Page 68 of 112 - CanadianCannabisWire

TuesdayJun 04, 2019 12:00 pm

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) is “One to Watch”

H1 2019 results reflect excellent operational execution: lowest cost of cultivation per gram among publicly reporting Canadian LPs, industry-leading adjusted gross margin and adjusted EBITDA (positive adjusted EBITDA for 3rd consecutive quarter in Q2 2019) On track to increase target production capacity to 113,000 kg/year by the end of 2019 Well-positioned for Canada’s new edibles and derivative legalization expected in October 2019 with expanding production capacity, R&D and various strategic partnerships Invested in biosynthesis to produce cannabinoids without growing the plant at a fraction of cultivation costs Focused on developing further international partnerships, prioritizing the CBD market Organigram Holdings Inc.…

TuesdayJun 04, 2019 10:21 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Advances Add-on Strategy in Effort to Build Statewide Distribution and Branding Network

TransCanna recently executed an LOI to acquire premier indoor cultivator Lyfted Farms Lyfted Farms also offers an SAAS (software-as-a-service) platform for cannabis TransCanna released a video tour of its 196,000 sq. ft facility in Modesto, California With its proposed acquisition of Lyfted Farms Inc. of Modesto, California, TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) is showing that its search for synergies continues. The company, based in Vancouver, Canada, announced the execution of a non-binding letter of intent dated May 17, 2019, to acquire the business and assets of Lyfted (http://cnw.fm/Igd3S). The acquisition, when competed, will follow a raft of others as…

MondayJun 03, 2019 12:19 pm

IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Expands Market Reach of its High-Value, Premium Cannabis Brands

IONIC’s sophisticated, premium vape pen line has earned a reputation as the top vape brand in Washington state The company’s acquisitions include a 140-acre farm in eastern Washington state that’s capable of producing 100,000 pounds of cannabis, as well as a licensed cannabis volatile extraction and manufacturing facility in California IONIC’s proprietary formulations of refined cannabis oils and distillates are used to create the popular Zoots Premium Cannabis Infused Edibles line IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) is a national cannabis holding company that’s building a multistate portfolio of award-winning premium and luxury brands in the cannabis space. Established…

MondayJun 03, 2019 11:21 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Acquire Blissco Cannabis Corp.

The company recently announced the upcoming acquisition in an all-stock transaction worth approximately C$48 million The alignment of values stemming from this transaction emphasizes Supreme’s dedication to providing premium products, education, support and customer care on a global level The acquisition takes Supreme one step closer to becoming a leading global provider of cannabis for personal wellbeing The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), Canada’s only coast-to-coast premium cannabis producer, recently announced its entry into a definitive arrangement agreement to acquire Blissco Cannabis Corp. in an all-stock transaction worth approximately C$48 million (http://cnw.fm/3Zkgp). Blissco has built…

ThursdayMay 30, 2019 11:26 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Participates in Inaugural Cannabis Forum, Purchases Facility in Washington

Nabis Holdings discussed the importance of cannabis legislative changes during an inaugural edition of a congressional cannabis forum in Washington, DC The company also announced the acquisition of a cannabis extraction and production facility in Washington state Through modernization and expansion, the company plans to ramp up the facility’s production capacity to 20,500 kilograms per year Jade Green, special advisor to Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), participated in the KCSA Strategic Communications’ Inaugural Congressional Cannabis Day Forum that took place in Washington, DC on May 21, 2019. Green attended a panel discussing important legislative changes such as…

ThursdayMay 30, 2019 10:56 am

Geyser Brands Inc. (TSX.V: GYSR) Expands Production Facility, Hopes to Capitalize on CBD Wellness Markets

Geyser Brands recently commenced upgrades; it anticipates R&D and processing amendments The facility expansion is expected to improve the company’s focus on processing quality and consumer satisfaction Solace Management Group recently increased its production capacity and invested in new equipment for consumer health care and pet wellness production Geyser Brands Inc. (TSX.V: GYSR) is a leading Vancouver-based consumer health care company producing some of the world’s most popular cannabis brands and products. The company’s licensed producer (LP), Apothecary Botanicals, has received Health Canada license amendment approval to update its 7,000-square-foot facility located in Port Coquitlam, British Columbia. This expansion, anticipated…

WednesdayMay 29, 2019 11:33 am

South Africa Distribution Pact Expands Global Reach of Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)

The global hemp cannabidiol market is expected to top $22 billion worldwide by 2022, with CBD products comprising 25 percent of all cannabis sales Wildflower Brands is expanding the wellness reach of its cannabis products through a distribution pact with South African cannabis network provider Africann The company is also launching into Europe with a Polish network agreement through pharmaceutical distributor Two Towers Cannabis-based wellness brand champion Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) continues to expand the reach of its holistic plant product portfolio, inking an exclusive distribution agreement for the South African natural betterment market this month. The…

TuesdayMay 28, 2019 12:36 pm

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Seeks to Transform Cannabis Beverage and Edibles Market with Water-Soluble Tech

Sproutly is a licensed producer with exclusive rights to Infusion Biosciences’ groundbreaking Aqueous Phytorecovery Process (“APP”) technology for naturally water-soluble cannabinoids The Canadian cannabis beverage market is estimated to exceed $4 billion by 2022 SRUTF executives were tapped to present APP technology at key cannabis conferences Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is rapidly gaining positive exposure in the cannabis space as the company presents its proprietary APP technological platform at numerous key cannabis conferences in the U.S. and Canada. Sproutly executives most recently shared details of the APP process at the Canaccord Genuity Third Annual Cannabis Conference…

TuesdayMay 28, 2019 11:26 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Developing Offerings for Sophisticated Cannabis Consumers

Plus Products creates cannabis edibles to support healthier lifestyles The company offers top products in the adult-use, medical and CBD segments PLUS recently reported record revenues for Q4 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is a foremost cannabis-branded products manufacturer with a mission to make cannabis safe and approachable. Based in San Mateo, California, Plus Products manufactures edibles created to support a healthy and active lifestyle. The company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing options that provide a consistent cannabis experience. All of its products are manufactured in its 12,000-square-foot, food-safe cannabis…

ThursdayMay 23, 2019 10:40 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gains Growing Authority for Another Cannabis Facility

The Green Organic Dutchman has announced its intention of constructing nearly 1.4 million square feet of cannabis cultivation facilities The company is growing to scale, steadily adding licenses, new facilities and distribution agreements with foreign operations The company recently received approval from Health Canada to begin cultivation work in a 20,000-square-foot Ontario facility, the second of three planned buildings where some 17,500 kilograms of cannabis are expected to be produced The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is steadily building toward its stated goal of operating nearly 1.4 million square feet of cannabis cultivation facilities across Ontario,…

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