Blog - Page 1960 of 5721

TuesdayJul 30, 2019 11:18 am

Pressure BioSciences Inc.’s (PBIO) Entry into CBD Market Aims Next-Gen Nanoemulsification Platform at Critical Water-Solubility Issues

PBIO’s proprietary Ultra Shear Technology (UST) platform achieves the long sought-after ability to create truly water-soluble CBD oil that can provide optimized bioavailability CBD sales are projected to reach $89 billion by 2024 with a CAGR of 37 percent (2018-2024 forecast period) Analysts predict that the biggest short-term challenge for CBD businesses will be oversaturation and stiff competition in the marketplace; companies producing the highest-quality, most bioavailable CBD products are expected to earn top customer loyalty Finding success in the lucrative yet ultra-competitive CBD industry is a daunting challenge for businesses in the space, with oversaturation in the marketplace being…

TuesdayJul 30, 2019 10:55 am

QualityStocksNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Commences CO2 Extraction Operations at Napanee Facility

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has received Health Canada approval to commence extraction operations using its on-site super-critical CO2 extraction system. According to the update, upon its Napanee facility’s receipt of EU-GMP certification and subject to receipt of all necessary import and export permits, the company is expected to be able to ship extracted cannabis products to Europe and other countries for scientific and medical purposes, in addition to selling domestically. "We are extremely excited to commence CO2 extraction operations at our Napanee facility," Vice-President, Napanee Operations Gary…

TuesdayJul 30, 2019 10:42 am

City View Green Holdings Inc. (CSE: CVGR) Strengthening Finance Strategy, Constructing Cannabis Production Facility Near Toronto

City View Green Holdings is completing the construction of a 40,000-square-foot cannabis cultivation facility in the Toronto-area following an all-clear notice from Health Canada under its new licensing regulations City View began trading on the Canadian Stock Exchange in March and has recently cleared more than half a million dollars in debt as part of efforts to strengthen its financial profile The company expects its 19.9 percent stake in Canadian retailer Budd Hutt to provide it with an avenue for gaining shelf space in Alberta and for other retail opportunities across the country CVGR’s fledgling operation has the benefit of…

TuesdayJul 30, 2019 10:12 am

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Summarizes DehydraTECH(TM) Technology Licensees

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today reported on its existing technology licensees that have entered definitive contracts to use its revolutionary DehydraTECH(TM) absorption technology within their existing and emerging brands. “The first half of 2019 delivered a period of unprecedented achievements for Lexaria. We signed more license agreements than ever before in our Company’s history, many of which were larger in scope than anything previous,” Lexaria Chief Executive Officer Chris Bunka said in the news release. “We also launched our brand-new business division Lexaria Nicotine which is disrupting nicotine delivery methods that…

TuesdayJul 30, 2019 9:54 am

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces Q1 2020 Financial Results

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) on Monday announced its financial results for the first quarter ended May 31, 2019. Among the updates, the company’s cash position was $3.85 million as of May 31, 2019; Toronto Herbal Remedies Inc. has received a Health Canada processing license; and the company entered into a definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Ltd, to form a joint venture. "We are off to a strong start in 2020 with the completion of our first quarter, which saw us sign the definitive agreement with Moosehead and make advancements in…

TuesdayJul 30, 2019 9:41 am

QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Posts Updated Terms to Spring Oaks Acquisition

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF), a lifestyle-oriented cannabis company, on Monday announced an amendment to the share purchase agreement dated June 3, 2019 with Spring Oaks Greenhouses, Inc. Per the amended agreement, GGBXF will acquire all of the issued and outstanding shares of capital stock of Spring Oaks. According to the amendment, the purchase price of $54,650,000 will be comprised of a previously paid deposit of $1,350,000; a cash payment of $2,000,000 at closing, subject to certain adjustments acknowledged in the agreement; a cash payment of $3,000,000 due on August 31, 2019; the issuance of 7,133,297 common shares…

MondayJul 29, 2019 3:10 pm

QualityStocksNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Increases Licensed Production Capacity

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, recently obtained approval from Health Canada for the licensing of all of the company’s Phase 4A buildout plans, increasing its total licensed production capacity to 61,000 kg. per year (http://ibn.fm/jGAdq). An article discussing the company reads, “Once fully licensed and operational, the full Phase 4 expansion is expected to bring the company’s annualized target production capacity to approximately 113,000 kg. of dried-flower equivalents. . . . ‘Organigram’s continued expansion reflects ongoing growth in the cannabis marketplace, including increasing demand as new retail stores…

MondayJul 29, 2019 3:00 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Gains Approval for Listing of Debentures, Warrants on the CSE

Plus Products (CSE: PLUS) (OTCQX: PLPRF) recently announced the listing of its debentures and warrants from its brokered private placement on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and ‘PLUS.WT’ on July 2, 2019 (http://ibn.fm/GpEOX). An article discussing the company reads, “The warrants and debentures were part of a private placement that raised CA$25 million, with the funds to be used for working capital and other general corporate purposes. . . . The private placement of unsecured convertible note units closed on February 28 (http://ibn.fm/yxOqU). The brokered private placement of 25,000 units of the company at a price of…

MondayJul 29, 2019 1:15 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Hydroponic Expertise to Target Rapidly Expanding Markets

Hydroponics supply company Sugarmade (OTCQB: SGMD) is utilizing its expertise to expand across market sectors and seize various opportunities as they arise. An article discussing the company reads, “Utilizing a narrowband Internet of Things (NB-IoT) technology, the company has created an AI-based hemp cultivation and agricultural monitoring system. This AI platform enables real-time tracking of field conditions that include soil moisture, temperature, humidity and more. It also provides intelligent recommendations to mitigate existing issues and thereby optimize yield (http://ibn.fm/ZsEfW). . . . The hydroponics market is growing, in large part due to the U.S. industrial hemp market and the rapidly…

MondayJul 29, 2019 12:53 pm

City View Green Holdings Inc. (CSE: CVGR) to Build Retail Footprint, Adds Depth to Green Team

City View Green Holdings and Budd Hutt recently announced an agreement to acquire eight retail cannabis store locations in Alberta The potential economic impact of legalized adult-use cannabis in all its forms, along with transportation, licensing fees and security, is estimated at more than $22 billion in Canada City View’s focus is on growing high quality flower and creating premium edible offerings, distillates and water-soluble products City View Green Holdings Inc. (CSE: CVGR), a vertically integrated cannabis company focused on seed to retail, is creating a diversified company that investors can appreciate. City View has successfully attracted top talent in…

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