News Archives - Page 604 of 721

TuesdayMay 21, 2019 12:43 pm

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Prepares for New Opportunities in Cannabis-Infused Beverage Market

The cannabis-infused beverage market is projected to outgrow the demand for other kinds of cannabis products, representing approximately 20 percent of the edibles market by 2022 Many beverage producers are already looking for strategic partnerships that will enable them to capture a portion of the lucrative space Sproutly Canada and Moosehead Breweries are two entities that have entered into such a joint venture for the purpose of launching their own innovative line of cannabis-infused beverages by the time full legalization occurs in Canada The cannabis-infused beverage market is projected to grow massively in the years to come. Over the coming…

TuesdayMay 21, 2019 12:12 pm

Hemptown USA Sets Sights on Novel Cannabinoid CBG as Legalized Hemp Farming Revs Up

The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022 The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019 On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://ibn.fm/xZZtY). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a…

TuesdayMay 21, 2019 11:43 am

Geyser Brands Inc. (TSX.V: GYSR) Chooses Brandeavour for Key Brand Development

Geyser Brands builds and markets cannabis products and brands for diverse market sectors The company develops innovative products using hemp CBD for healthy lifestyle brands Geyser recently appointed London-based agency Brandeavour for brand development Geyser Brands Inc. (TSX.V: GYSR) is a foremost consumer health care company headquartered in Vancouver, British Columbia. Geyser manufactures and markets some of the world’s most-loved cannabis products and brands in the nutraceutical, cosmetics, food-and-beverage and pet sectors. The company’s proprietary nanotechnology formulations create products with first-class bioavailability and efficacy. A Health Canada-approved licensed producer (LP), Geyser Brands has a licensed CBD (cannabidiol) production and distribution…

TuesdayMay 21, 2019 11:09 am

Plus Products Inc.’s (CSE: PLUS) (OTCQB: PLPRF) CEO Presents at Canaccord Genuity’s Annual Cannabis Conference

PLUS’ CEO presented at the New York conference and met with investors Canaccord Genuity issued a ‘Speculative Buy’ rating on the company, citing planned expansion and a move into baked goods/mints BDS Analytics reports that PLUS is California’s number one cannabis-infused edibles brand Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) co-founder and CEO Jake Heimark presented at Canaccord Genuity’s Third Annual Cannabis Conference on May 14, held in New York City. He also planned to meet with investors. PLUS products had received a favorable ‘Speculative Buy’ rating from Canaccord Genuity (“CG”), which discussed the company’s planned move into baked goods…

MondayMay 20, 2019 12:01 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Patented Oil Extraction Technology Releases Hidden Energy Buried in Oil Sands

Petroteq’s patented closed-loop “clean” technology mines tar sand source material from land surfaces, minimizing financial and environmental risk Global demand for oil is outpacing supply, with geopolitical forces and expected higher oil prices contributing to increased drilling activity in the U.S. Petroteq’s patented technology efficiently captures heavy oil that wasn’t previously accessible The company began delivering oil to its regional market in November 2018 and expects to increase production to 1,000 bpd Recent short-term energy outlook reports issued by the U.S. Energy Information Agency (“EIA”) illustrate the volatility of the world’s crude oil supply as geopolitical forces affect production and…

MondayMay 20, 2019 11:45 am

Spectrum Global Solutions Inc. (SGSI) Reports Multimillion-Dollar Revenue in First Quarter with Positive Income

SGSI reported revenue of $11,335,732 for Q1 2019, as compared to $4,327,764 from Q1 2018 The company’s CEO said that its first quarter with positive income from operations reflects “continued improvements” in business SGSI reported income from Q1 2019 operations of $14,699, as compared to a loss of $743,491 from operations in Q1 2018 Spectrum Global Solutions Inc. (OTCQB: SGSI) in Q1 2019 reported its first quarter with positive income from operations. For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company…

MondayMay 20, 2019 11:20 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Unveils New Leadership, Product Innovation; Anticipates Continued Growth in 2019

Plus Products reported tremendous revenue growth in its latest audited financials The former president and CMO of Popchips recently joined PLUS as its new chief revenue officer The company has unveiled new Classic Mints, which appeal to microdosing culture Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a branded, cannabis-infused products manufacturer, recently announced exciting developments in its quest to dominate the edibles market. The company continues its innovation of low-dose, delicious cannabis edibles with a new line of mints. As more consumers are microdosing, or adding small doses of cannabis into their daily lives, industry leaders are searching for new…

MondayMay 20, 2019 10:55 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moving to Become International Leader

Wildflower Brands is an integrated health and wellness company WLDFF offers a complete lineup of full-spectrum CBD-infused products The company recently signed a Polish distribution agreement Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) develops and designs brands that focus on plant-based health and wellness products. Wildflower has an innovative and holistic business model that incorporates research and development (R&D), manufacturing, distribution, marketing and retail. The company’s brands include Wildflower Wellness and King Extracts. Wildflower Brands operates out of Washington State and California and sells across the United States. Wildflower works in regulated cannabis markets in the United States in accordance…

FridayMay 17, 2019 12:16 pm

Global Consortium Inc. (GCGX) Expands Reach, Building First-Ever Cannabis Mall

The company is constructing the first-ever cannabis mall, offering products manufactured in-house and serving outside vendors GCGX is reaching into the Lake Tahoe, California-area to provide products to more than 30 million who have limited or no access to recreational dispensaries The company is adding a medical grade nutraceutical division GCGX aims to commence the registration process for listing on the Nasdaq, with a target date of mid- to late-June Headquartered in Florida, Global Consortium Inc. (OTC: GCGX) is a diversified, cannabis-holding company expanding its reach nationwide. The company’s portfolio includes several subsidiaries, partnerships and licensing agreements. Focused on sustainable…

FridayMay 17, 2019 12:05 pm

Market Leader VPR Brands, LP (VPRB) Reports Increased Revenue, Reverses Operating Loss

Figures from VPR Brands’ 2018 report point to strong financial performance VPR Brands’ growth strategy focuses on high-performance, high-quality products that build expanded brand quality, awareness and loyalty The company’s plethora of brands target multiple corners of the lucrative cannabis industry VPR Brands, LP (OTC: VPRB), an innovative technology holding company whose assets include patented atomization-related products and technology, recently announced its 2018 financial results, boasting increased revenues and a net operating gain. The company has grown its revenues to almost $4.6 million (http://ibn.fm/Wsh4U) while “reversing its operating loss of over $888,000 to positive territory above $9,000.” Its full-year operating margins grew…

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