May 2021 - CBDWire

FridayMay 28, 2021 9:00 am

Hero Technologies Inc. (HENC) Subsidiary Eyeing Million-Dollar Numbers in Michigan Cannabis Sector

Cannabis sales numbers in Michigan reaching record highs HENC, Blackbox strategy includes developing 120-acre Michigan farmland into cannabis cultivation Cannabis medicinal and recreational sales numbers in Michigan are reaching record highs: year-end totals for 2020 approached $1 billion (https://cnw.fm/BylLX), and sales in 2021 have shown even more impressive growth, with March numbers hitting a record $115.4 million (https://cnw.fm/rlOo0) and April numbers approaching $154 million (https://cnw.fm/qFiFH). Cannabis company Hero Technologies (OTC: HENC) is paying close attention to Michigan’s performance because the company’s majority-owned subsidiary, BlackBox Systems and Technologies LLC, earlier this year signed a purchase agreement to acquire 120 acres of Michigan…

ThursdayMay 27, 2021 9:00 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Builds Reputation for Quality Among Increasing Cannabis Interest

Stars are making bold statements about cannabis acceptance, efficacy as they enter cannabis business Lofty product claims may be seen as marketing ploys, but experts say there can be wellness benefits PACR’s strong focus, dedication differentiates it from other cannabis offerings, even those from big-name players in the cannabis space A growing number of celebrities are throwing their weight behind cannabis, an undeniable indication of the increasing acceptance of the compound — both as a medical and recreational option. A recent “USA Today” article notes that as more states legalize marijuana, more eyes are turning toward the industry, a trend that…

MondayMay 24, 2021 12:05 pm

Hero Technologies Inc. (HENC) Retains IP Attorney to Assist, Advise on Cannabis Cultivation Tech

IP attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, to work with company HENC committed to ensuring that IP generates maximum return for shareholders BlackBox has developed a proprietary cannabis growing system based on aeroponic cultivation technology Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, announced that it has retained intellectual property attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, P.A. Weisberg will assist and advise the company as it focuses on protecting and monetizing the intellectual property of its subsidiary, BlackBox Systems and Technologies LLC (https://cnw.fm/Iz2y6). “Solidifying our cannabis intellectual…

MondayMay 24, 2021 10:40 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Acquires Acreage Holdings Florida Operations

Completed acquisition of Acreage Florida, Inc and related owned and leased real estate assets Licensed to operate 35 dispensaries, a processing facility and a cultivation facility in Florida Florida cannabis market is poised for tremendous growth and it is forecasted to be a top 5 State by the year 2025 Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), the torchbearer for a new, higher standard in the American cannabis industry, has announced its new subsidiary RWB Florida LLC, has completed the acquisition of Acreage Florida, Inc. and the related owned and leased real estate assets (https://cnw.fm/xJfKg). This deal includes…

FridayMay 21, 2021 9:00 am

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Is ‘One to Watch’

The BevCanna team has decades of combined experience creating, branding and manufacturing iconic brands that resonate with consumers on a global scale BevCanna owns and operates world class infrastructure, including a 40,000-square-foot, HACCP certified manufacturing facility with a current bottling capacity of up to 210 million bottles per year for both traditional and cannabis-infused beverages, and an alkaline spring water aquifer located onsite The company delivers a diverse portfolio of beverages and nutraceuticals for both in-house brands and white labeled products BevCanna leverages a proven direct-to-consumer e-commerce strategy to sell a range of natural health products throughout North America and…

ThursdayMay 20, 2021 9:15 am

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is Mobilizing 30 Turn-Key Grow Pods to Provide Florida With Premium Cannabis

Florida is the third-largest market by revenue in the US, bringing in over $1.2 billion in 2020 for medical cannabis Once the acquisition of Acreage Holdings is finalized, RWB will mobilize 30 turn-key grow pods for cultivation RWB acquired licenses to open 35 dispensaries in Florida, a limited license state, more than doubling the current number there Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a super state operator of American Cannabis, targets individual states in the United States, dominating one state before expanding into another. The company’s commitment exceeds the requirements of each state in which it operates.…

ThursdayMay 20, 2021 9:15 am

Hero Technologies Inc. (HENC) Receives Confirmation of Value of Veteran Hemp Acquisition

Company pleased that independent review has confirmed fair value of Veteran Hemp Co. asset acquisition HENC entered into purchase agreement to acquire all assets of Veteran Hemp Co. in November 2020 Hero Technologies CEO noted that "acquisition is in line with our company's growth strategy of adding accretive assets to our portfolio” Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, has received an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC., or Veteran Hemp Co. (https://cnw.fm/hGJwu). "We are pleased that an independent review has confirmed the fair…

ThursdayMay 20, 2021 9:00 am

Grapefruit USA Inc. (GPFT) New Affiliate Program Authorizes Hourglass Resellers, Broadens Market

Affiliate program designed to authorize third-party resellers that meet certain guidelines to market, sell exclusive Grapefruit products Program will maximize, facilitate distribution of GPFT’s THC-free, hemp-derived CBD Hourglass-powered products Grapefruit’s program also provides invaluable product training and information On the heels of unveiling its new e-commerce store, Grapefruit USA (OTCQB: GPFT) added to the excitement by announcing a new affiliate program. The program is designed to authorize third-party resellers that meet certain guidelines to market and sell the company’s proprietary THC-free, hemp-derived CBD Hourglass(TM)-powered products (https://cnw.fm/IMw9X). “[Recently] Grapefruit launched a new Affiliate Program to maximize and facilitate distribution of our…

WednesdayMay 19, 2021 9:15 am

Pac Roots Cannabis Corp.’S (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Focus on Premium Genetics, Iconic Branding Differentiates Products in Competitive Marketplace

PACR’s partnership with Phenome One gives it access to world’s most exclusive cannabis genetics PACR’s genetics-based approach to cultivation resulted in 350 tested cultivars, 50 super-elite strains Every ounce of 105,000-pound test run purchased by Speakeasy Cannabis Club Company recently acquired established Lords of Grasstown brand that blends cannabis, motorcycle culture Saturated supply chains and a stream of new market entrants have had little effect on Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian genetics-focused cannabis company dedicated to producing premium strains and products. PACR uses a “genetics first” approach to cultivation that is critical to…

TuesdayMay 18, 2021 1:43 pm

RYAH Group, Inc. (CSE: RYAH) Enters New Zealand Market

A partnership with Medical Kiwi LTD makes it possible for RYAH to enter the New Zealand Market Medical Kiwi was the first South Island-based company to be granted a Medicinal Cannabis license from the Ministry of Health to cultivate The potential market for medical cannabis in New Zealand is at NZ$1.5 billion RYAH Group (CSE: RYAH), a health care analytics and technology company, has entered the New Zealand market through a definitive wholesale supply and distribution agreement with Medical Kiwi LTD (https://cnw.fm/gDWk5). This agreement enables RYAH’s suite of IoT devices and cloud-based data analytics to be used in pre-clinical and…

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Month: May 2021