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ThursdayJun 13, 2019 10:03 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Secures Financing, Receives Organic Certification for Recreational Cannabis

The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd. The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer…

WednesdayJun 12, 2019 11:34 am

Geyser Brands Inc. (TSX.V: GYSR) Plans to Utilize NanoFusion Technology in World’s First Hemp-Infused Pet Food Product

Geyser Brands announced an innovative pet care product through its recent acquisition target The burgeoning pet care market has seen prominent growth The company plans to utilize NanoFusion technology in WildTails’ product development Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company, recently announced the world’s first hemp-infused, freeze-dried pet food through its acquisition target, Solace Management Group Inc. The company’s announcement aligns with its vision to help people and their pets worldwide with a range of discomfort and health care issues (http://ibn.fm/iXmif), and to support innovation through R&D and product development. This latest new brand, WildTails, joins…

WednesdayJun 12, 2019 11:02 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Canada’s Vaporizer Market through Strategic Partnership

The exclusive partnership with PAX Labs will enable Supreme Cannabis and its subsidiary, 7ACRES, to access the highly lucrative vaporizer market 7ACRES will become one of only four companies to supply cannabis oil pods for the PAX Era The partnership provides a significant strategic advantage to Supreme Cannabis due to PAX’s market penetration; currently, the company has over 1.5 million devices sold worldwide A partnership between The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and PAX Labs Inc. will enable Supreme to become the foundational brand partner and supplier for premium vaporizer the PAX Era in Canada.…

WednesdayJun 12, 2019 10:42 am

Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Strategy Provides Edge in Telecommunications Growth Market

SGSI sees a dynamic market opportunity in new 5G site projects A spike in installation demand combined with limited qualified services firms could result in a financial opportunity for SGSI The company reported positive income from operations during the first quarter of 2019 Spectrum Global Solutions Inc. (OTCQB: SGSI) says that its bundling of services and the low number of qualified services firms in the growing telecommunications market helped drive higher revenues and growth in its margin potential on projects in the first quarter of 2019 (http://ibn.fm/XUSUd). Notably, SGSI reported first quarter revenues of $11,335,732 for the three months ended March…

WednesdayJun 12, 2019 10:19 am

Earth Science Tech Inc. (ETST) Offers Medical, Industrial Hemp Products as Leader in the CBD Sector

Earth Science Tech is a biotechnology company offering high-grade cannabinoids ETST has diverse subsidiaries that promote the company’s role as a leader in the CBD sector Earth Science Tech has various partnerships and distribution agreements in place Earth Science Tech Inc. (OTCQB: ETST) operates in the hemp cannabinoid, nutraceutical, pharmaceutical and medical device research and development fields. A biotechnology company headquartered in Doral, Florida, ETST markets high purity and quality full-spectrum cannabinoids. The company’s wholly owned subsidiaries – including Earth Science Pharmaceutical Inc., Cannabis Therapeutics Inc. and Canna Inno Laboratories Inc. – concentrate on developing Earth Science Tech’s role as…

TuesdayJun 11, 2019 10:55 am

INmune Bio Inc. (NASDAQ: INMB) Focusing on New Immunotherapies that Reprogram Immune Systems

INmune Bio is at the vanguard of reprogramming the innate immune system for the treatment of disease The company’s focus is on modulating components of the innate immune system to treat cancer and Alzheimer’s disease INmune Bio’s drug candidates include INKmune, INB03 and XPro1595 INmune Bio Inc. (NASDAQ: INMB) is a diversified, clinical-stage biotechnology company headquartered in La Jolla, California. The company is hoping to develop new immunotherapies that reprogram patients’ innate immune systems to allow the immune systems to fight cancer and Alzheimer’s disease. INmune drug candidates INKmune and INB03 may be used to treat cancer, while XPro1595 targets…

TuesdayJun 11, 2019 10:34 am

Geyser Brands Inc. (TSX.V: GYSR) Moves Forward with Acquisition of Hemp- and CBD-Based Pet and Consumer Health Care Brands

Geyser Brands is entering into a definitive agreement for the acquisition of Solace Management Group for an aggregate purchase amount of $3.9 million The acquisition will enable Geyser to broaden the scope of its CBD- and hemp-based product range, helping solidify its position on the international market Solace has an extensive portfolio of pet and consumer products, as well as licensing distribution and production arrangements Consumer health care company Geyser Brands Inc. (TSX.V: GYSR) recently announced its entry into a definitive agreement for the acquisition of Solace Management Group Inc., a private corporation existing under the laws of British Columbia.…

TuesdayJun 11, 2019 10:14 am

VPR Brands LP’s (VPRB) Top Line Growth Highlights Scalability Fueled by Capital Infusion

VPR Brands’ quarterly revenues are up by 31 percent The company maintains healthy gross operating margins in excess of 40 percent The e-cigarette/vapor market is estimated to hit $9 billion in 2019 Recent financial results released by VPR Brands LP (OTC: VPRB) show that the multi-brand developer and marketer of nicotine and cannabis products has what it takes to scale up successfully. Revenues for the first quarter of 2019 are up, year-over-year, approximately 31 percent, continuing the trend from the year before, when the top line for 2018 climbed to $4,613,300 and marked a 28 percent increase over 2017 revenues of…

TuesdayJun 11, 2019 9:52 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Announces C$15M Investment Commitment in Infused Chocolate Production Facility

Anticipating Canadian legalization of adult-use cannabis edibles in October 2019, Organigram recently announced a C$15 million investment commitment in a high-speed, high-capacity, fully automated chocolate line Production capacity is expected to be about 4 million kilograms per year of exceptional chocolate cannabis edibles The company’s chocolate launch is being led by a product development and production team with more than 25 years of combined chocolate experience and expertise Canada is drawing closer to the legalization of edibles and derivative products, which is expected to occur this fall. As noted by Green Entrepreneur, edibles are expected to increase to 12-14 percent…

MondayJun 10, 2019 12:07 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q1 Results, Begins Trading on OTCQX Best Market

The company maintains the top two best-selling edible cannabis products in California Plus is working to make cannabis safe and approachable for all The company recently reported a 4.9 percent increase in sales over Q4 2018, bringing Q1 2019 retail sales to $10.84 million Plus recently commenced trading on the OTCQX Best Market Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited first quarter 2019 results (http://ibn.fm/ZS4tn). As the edibles’ share of the cannabis market continues to grow, PLUS is well positioned to lead the way in the branded products space. The company is one of the fastest-growing brands…

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