NewsRoom Articles

TuesdaySep 22, 2020 1:31 pm

PacRoots Cannabis Corp. (CSE: PACR) Reveals Progress of Planting on 100-acre CBD Hemp Site in British Columbia

PacRoots Cannabis entered into a 60:40 joint-venture with Rock Creek Farms to plant premium hemp CBD plants on 100-acre site in British Columbia As of mid-June, approximately 130,000 seedlings have been planted with initial harvest set to take place October 15, 2020 Initial harvest expected to yield between 500,000-700,000 pounds of biomass Totality of harvest yield is already under sale to local processor at fair market rate Proceeds from JV will initially go towards repaying PacRoots’ capital contribution with profits thereafter split along terms of the JV PacRoots Cannabis (CSE: PACR), a Canada-based company dedicated towards producing premium-quality strains and…

ThursdaySep 17, 2020 12:32 pm

The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Reports Record Numbers, Ranks in Top-10 Nielsen Report

In its most recent SEC filings, WTER announced record first-quarter revenue of $14.2 million Alkaline88 ranked as 10th best-selling value-added water and third fastest-growing value-added water in Nielsen report WTER marks milestone by adding the largest food-service redistributor to its growing list of channel partners The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) continues its impressive upward trajectory, releasing record numbers in its latest financial report and ranking in a top-10 category in a recent Nielson report. In addition, with the announcement of its recent distribution agreement with DOT Foods, the company is aggressively expanding into the hospitality channel. In…

WednesdaySep 16, 2020 1:02 pm

Pure Extract Technologies Inc. Building Presence in Billion-Dollar Mushroom Space

“Mushrooms are having a moment,” reports “Forbes” article Sector projected to benefit from both users, investors Pure Extracts Technologies well positioned to partner with organizations eyeing development in both functional, psychedelic products In what “Forbes” magazine is calling a “moment,” mushrooms are seeing rising popularity as growing numbers of people are interested in using the fungi as well as investing in them. This is great news for companies such as Pure Extract Technologies (“Pure Extracts”), a Canadian plant-based extraction company entering the functional medicinal mushroom space and collaborating in the psychedelic space “Psychedelics have been a mainstay for a millennia…

FridaySep 11, 2020 12:18 pm

Pac Roots Cannabis Corp. (CSE: PACR) Positioned to See Profitable Fall; 100% of Hemp Harvest Under Sales Contract

PACR uses genetic technology to produce premium cannabis strains currently under supplied in regulated market Genetics-based cannabis cultivation optimizes specific factors including THC and CBD concentrations PACR is acquiring 100% interest in firm holding 250 acres of land in Fraser Valley, British Columbia Company is nearing completion of a 20,000 square foot cultivation facility to focus on genetic development, preservation and propagation of elite cultivars Pac Roots Cannabis (CSE: PACR) uses a genetics-focused strategy to produce premium-quality, industry-leading cannabis strains that are not available in the regulated market. The Company’s innovative first-mover cultivation and production approaches are solidifying its reputation…

TuesdaySep 01, 2020 2:32 pm

PacRoots Cannabis Corp. (CSE: PACR) Seeks to Blaze Path with Genetics-Based Approach Towards Cannabis Cultivation

PacRoots Cannabis employs genetic modification to customize cannabis strains in bid to enhance product potency, quality Company has strategic licensing agreement with Phenome One, a bio-tech firm boasting a database of over 350 unique live cannabis strains Partnership allows PacRoots ability to optimize genetic makeup of its cannabis crop based upon plant’s intended end use Use of genetic modification can also help companies cultivate plants which are better suited towards overall yield enhancement, thereby boosting overall profit margins In the late 1860s, Friar Gregor Mendel, an Augustinian monk and scientist living in a monastery in the depths of the Austrian…

MondayAug 31, 2020 11:37 am

Sugarmade’s BudCars Anticipates Record-Breaking July Numbers, Continues Three Primary Areas of Growth

SGMD, BudCars cannabis delivery service set to break sales, profits, customer orders records BudCars demonstrating “accelerating growth,’ represents significant period-over-period upside potential Company remains on track to reach $11 million benchmark for annualized sales by the close of calendar Q3 With August wrapping up, Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, expects the month-end numbers for BudCars Cannabis Delivery Service to set multiple performance records for sales, gross profits and total customer orders (http://cnw.fm/HWyS6). “[The] BudCars Sacramento hub continues to demonstrate accelerating growth that suggests we still haven’t really found…

MondayAug 31, 2020 11:09 am

Pure Extract Technologies Inc. Ideally Positioned to Become Leader in White Label Market

Company’s Standard Processing License pending approval from Health Canada After licensing approval, Pure Extracts will be launching white label production as part of core services Pure Extracts facility designed to produce high-quality, high-purity formulations on a commercial scale Pure Extract Technologies, a Canadian plant-based extraction company operating in the functional medicinal mushrooms space, is preparing to become a leading contender in the white labeling space. The Company’s Standard Processing License is currently pending approval from Health Canada; upon approval the Company will be launching white label production as part of its core services. As an expert in the extraction field,…

ThursdayAug 27, 2020 10:32 am

Sugarmade (SGMD) Q3 Numbers Forecast to Hit $11 Million, Thanks to Investment in Cannabis Delivery Service

Company predicts BudCars will reach $650,000 monthly sales milestone; Q3 2020 numbers to top $11 million CEO expects extremely robust growth in July, August; new records across many metrics BudCars has seen steady improvement in almost every major metric Sugarmade Inc. (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has announced that it expects BudCars Cannabis Delivery Service to hit a $650,000 sales milestone in July (http://cnw.fm/g8Jg8). The company also predicts its Q3 2020 sales numbers will top $11 million. “We believe we have enough visibility and enough data in hand to forecast…

FridayAug 21, 2020 12:32 pm

Pac Roots Cannabis Corp. (CSE: PACR), JV Partner Anticipate Successful Hemp-CBD Harvest

PACR, Rock Creek Farms moving forward on definitive CBD-hemp joint venture Agreement outlines creation of new company, operation of 100-acre commercial hemp operation PacRoots CEO praises short-term progress making 2020 production scenario possible Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is moving forward on a definitive CBD-hemp joint venture with Rock Creek Farms (http://cnw.fm/0xMH6). The agreement, announced earlier this year, calls for the two companies to create a new company and facilitate a 100-acre commercial hemp operation located in Rock Creek, British Columbia. “The joint venture team…

FridayAug 14, 2020 10:07 am

Pac Roots Cannabis Corp. (CSE: PACR) Prepares to Close Massive Land Deal with Extensive Development Possibilities

Pac Roots expecting to close deal in September for acquisition of several parcels of land with no zoning restrictions, located in prestigious Fraser Valley Company’s new indoor facility and 100-acre Hemp JV project in Rock Creek, B.C., with preliminary results suggesting successful fall harvest, make this ideal time to acquire land in Fraser Valley Future development of elite CBD and THC strains and company’s overall hemp and cannabis infrastructure have tremendous potential thanks to company’s strategic genetic licensing partner, Phenome One The Fraser Valley Regional District is one of the most productive and intensively farmed areas of Canada, with high-quality…

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