WednesdayJun 05, 2019 11:13 am

SinglePoint Inc. (SING) Launches National Distribution Initiative for Startup and Established CBD Companies

SinglePoint is undertaking a B2B cultivation effort to help companies specializing in cannabidiol (CBD) products reach a larger national market In conjunction with a national distribution partner, SinglePoint is offering to growing CBD product companies the potential of entering mass-market stores such as CVS, Kroger and Dollar Tree The ‘Strategics’ program may be particularly helpful as shelf space in the booming CBD industry tightens Investment bank Cowen & Co. is predicting a CBD market revenue outlook of $16 billion by 2025, growing from $600 million-plus in 2018 Emerging technology cultivator SinglePoint Inc. (OTCQB: SING) is launching a national distribution program that…

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WednesdayJun 05, 2019 10:24 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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TuesdayJun 04, 2019 12:01 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.…

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TuesdayJun 04, 2019 10:22 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…

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TuesdayJun 04, 2019 9:52 am

VPR Brands LP (VPRB) Focuses on Premium Brands for Cannabis, CBD Oil Sectors

VPR Brands partners with top names in the cannabis and CBD oil industries The company’s assets include issued U.S. and Chinese patents for atomization-related products VPR Brands recently reported increased revenues for Q1 2019 A technology holding company, VPR Brands LP (OTC: VPRB) operates in the electronic cigarette (e-cigarette) and personal vaporizer industry in the United States. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and e-cigarette products and components. Furthermore, VPR Brands engages in product development for the vapor or vaping market, including e-liquids. Headquartered in Fort Lauderdale, Florida,…

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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…

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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…

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FridayMay 31, 2019 11:51 am

CFO of ChineseInvestors.com Inc.’s (CIIX) Foreign Enterprise to Present at LD Micro Invitational

The CFO of CIIX’s CBD Biotechnology Co. Ltd. is scheduled to speak at the microcap conference The company official is expected to share exciting new developments related to its hemp product line with current and prospective investors The company anticipates exciting opportunities for business growth in the coming months ChineseInvestors.com Inc. (OTCQB: CIIX) will be an official presenter at the 9th Annual LD Micro Invitational to be held June 4-5 at the Luxe Sunset Boulevard Hotel in Bel-Air, California. Alex Hamilton, chief financial officer of CIIX’s wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., will present a corporate overview at…

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FridayMay 31, 2019 10:50 am

Earth Science Tech Inc.’s (ETST) White-Label Initiative Designed to Gain Market Share

The company is now able to fulfill inquiries about white labeling its full-spectrum cannabinoids line ETST has added markets for CBD products through two distribution agreements The company continues to eye product placement in large chain and health food stores, dispensaries, chiropractor offices, athletic clubs and clinics Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is seeking to gain more market share through its white-label initiative that offers marketers the ability to rebrand its full-spectrum cannabinoids line (http://cnw.fm/s4QmA). “I’m excited to share that our sales have consistently increased over 100% every month,” ETST…

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FridayMay 31, 2019 10:22 am

MariMed Inc. (MRMD) Reports 69% Jump in Q1 2019 Revenues, Adopts Growth Strategy

MRMD improved its adjusted EBITDA in Q1 2019 by 76 percent The company’s multipronged strategy for growth includes continued consolidation of cannabis operations and the launch of a subsidiary MariMed CEO identified the company as a “significant early mover” in the burgeoning CBD health and wellness market MariMed Inc. (OTCQB: MRMD) recorded a 69 percent jump in revenues to $3,515,815 for the three months ended March 31, 2019, as compared to $2,082,950 for the comparable period of the prior year. The company’s gross profit for the quarter rose 90 percent, to $2,261,025, from $1,194,081 for the same period in 2018.…

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