Articles Archives - Page 560 of 715

WednesdayAug 28, 2019 12:49 pm

Organigram Holdings Inc.’s (TSX: OGI) (NASDAQ: OGI) Commitment to Corporate Governance, Fiscal Discipline a ‘Rarity in the Industry’

Organigram’s corporate governance distinguishes the company in the cannabis industry OGI’s consistent financial performance positions it as an “anomaly in the Canadian cannabis market” The company recently upgraded from the TSX Venture Exchange to the Toronto Stock Exchange Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, is focused on producing high-quality, indoor-grown cannabis for patients and adult-recreational consumers. Championing that cause is Organigram’s leadership team, a group of seasoned professionals on the forefront of the global cannabis market who bring decades of experience…

WednesdayAug 28, 2019 12:01 pm

HTC Extraction Systems (TSX.V: HTC) Leveraging CBD Extraction, Refining Prowess for International Cannabinoid Isolate Markets

HTC Extraction Systems is an experienced and successful gas, liquids and biomass extractor and refiner using patented technologies for extraction and distillation processes HTC is building a 19,000-square-foot GMP Euro-compliant extraction, purification and distillation facility in Saskatchewan, and it is scouting to build another in the United States for hemp extraction services The company recently announced a common shares bought deal, whereby, subject to closing, $15 million in aggregate gross proceeds will be added to its bottom line Extraction and distillation technology developer HTC Extraction Systems (TSX.V: HTC) is celebrating news that a group of underwriters has agreed, subject to…

WednesdayAug 28, 2019 11:12 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds Cannabis Edibles, Bluetooth Dosing Tech to Growing Recreational Use Operation

West Coast-based IONIC Brands has focused on vape products for recreational cannabis users, but a new agreement with a Washington-based partner grants it a foothold in the edibles and infused products sectors A second agreement between IONIC and an Australian Bluetooth technology producer will grant IONIC’s consumers access to vaporizer tech originally designed to help medical patients control the dosing of their medications The agreements mark an expansion of the cannabis holding company’s ability to provide secure dosing to recreational users IONIC expects to launch its newest vape product using the technology during the third quarter Cannabis holding company IONIC…

TuesdayAug 27, 2019 12:09 pm

Marijuana Company of America Inc. (MCOA) Reports Year-Over-Year Revenue Gains, Website Enhancements

Marijuana Company of America saw its second quarter profits jump 633.5 percent over the previous year Sales through its hempSMART brand continue to show strength, with more than $100,000 in gross sales reported for the month of July MCOA’s growing international presence is playing a key role in its profits as well, with 33.5 percent of the quarter’s revenue derived from sales in other countries The company recently redesigned its website in order to enhance the free flow of information between administration and company investors Innovative hemp and cannabis product cultivator Marijuana Company of America Inc. (OTCQB: MCOA) is celebrating…

TuesdayAug 27, 2019 11:38 am

HTC Extraction Systems (TSX.V: HTC) is “One to Watch”

HTC announced entering into a letter agreement for a CAD$15 million bought deal private placement of units led by Canaccord Genuity Corp. on July 3, 2019 (subject to closing); HTC’s business model includes owning physical assets at extraction and purification facilities to serve the clean energy and hemp biomass industries; Hemp biomass tolling contracts with producers and hemp biomass providers are either signed or being negotiated in Canada and the U.S.; HTC will provide “local to grower” drying-to-biomass storage capability and transportation of dried biomass to HTC extraction facilities; HTC is constructing a 19,000-square-foot GMP Euro compliant extraction tolling facility…

TuesdayAug 27, 2019 11:07 am

IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Adds to Multistate Portfolio with Nevada Acquisition

Combined adult-use and medical cannabis sales in Nevada reached nearly $530 million in 2018, the first full year of legal recreational sales The company’s acquisition of Vegas Valley Growers North in Las Vegas included production facilities, four state licenses and popular Nevada vape brand ‘Vegas M Stick’ National cannabis holding company IONIC Brands Corp. (CSE: IONC) (OTC: IONKF), formerly Zara Resources Inc., recently added to its multistate portfolio of award-winning cannabis brands with the purchase of Vegas Valley Growers North (“VVG”), a Las Vegas, Nevada, state-licensed cultivation and manufacturing firm for medical and recreational cannabis. The vertically-integrated, cash-flow positive opportunity brings…

MondayAug 26, 2019 1:57 pm

CannaPharmaRx Inc. (CPMD) Developing Cultivation Facilities Across Canada, Aiming to Build Profile in Burgeoning Industry

CannaPharmaRx is in the process of acquiring, funding and developing three significant cannabis cultivation sites in Ontario and British Columbia The company’s agreements with the facilities’ owners grant it access to cultivation sites that could return close to 300,000 pounds of product per year The global cannabis cultivation industry is expected to become a nearly $155 billion market by 2026 Real estate investment and early-stage pharmaceutical company CannaPharmaRx Inc. (OTC: CPMD) is advancing its plans to become a cannabis cultivator using proprietary formulation and drug delivery technology currently in development to expand in an industry that is evolving at an…

MondayAug 26, 2019 1:31 pm

VPR Brands LP (VPRB) Reports 31% Jump in Sales, Uplists to OTCQB Venture Market

Citing larger distributor and private-label orders, VPRB reported revenues of $1.58 million for Q2 2019 The company also reported a 31 percent increase in sales VPRB attained an uplisting to the OCTQB Venture Market VPR Brands LP (OTCQB: VPRB), a multi-vertical, tiered company in the cannabis space, has increased its sales significantly through larger distributor and private-label orders, growing its quarterly figure to $1.58 million for the three-month period ended June 30 to record a 31 percent increase over the same period of 2018. VPRB also reported a 31 percent year-over-year sales increase for the six months ended June 30,…

MondayAug 26, 2019 12:57 pm

Trxade Group Inc. (TRXD) Committed to Ensuring the Survival of Independent Pharmacies

Trxade Group is actively working to reverse a negative phenomenon known as ‘pharmacy deserts’ that is affecting many parts of the U.S. Trxade is providing a solution that empowers small, independent pharmacies by giving them access to competitive pricing and reliable supply options Due to the demand, Trxade Group is also working on new product offerings that will expand the predictive analytical capabilities of community-based and independent pharmacies As independent pharmacy businesses struggle to overcome various challenges, the U.S. is facing a growing problem with the so-called ‘pharmacy deserts’ phenomenon, which results in entire areas left without pharmacy services. One…

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