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MondayApr 29, 2019 2:03 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada The recently announced LOI (http://ibn.fm/oq9Gy) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential…

MondayApr 29, 2019 1:08 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances” Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction The global hemp market is forecast to reach $5.7 billion in revenues by 2020 Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is…

MondayApr 29, 2019 11:33 am

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Provides Energy-Efficiency Solutions, Technologies in Burgeoning Cannabis Sector

Kontrol Energy Corp. grew its revenue run rate from $1.8 million to $16 million over the past two years The company has a foothold in various industries, promising energy-efficiency solutions to help customers achieve green goals Kontrol has secured contracts to provide services to licensed producers in the Canadian cannabis sector The company recently announced the upcoming release of its 2018 financial results Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy-efficiency sector, is working to reshape the way consumers use, manage and strategically allocate resources. The company has taken root in myriad industries and…

MondayApr 29, 2019 10:52 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula

The cannabis beverage market is estimated to exceed $4 billion by 2022 Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) foresees a lucrative vertical emerging in the cannabis sector as the cannabinoid-infused beverages and edibles space continues to grow in popularity with consumers. A report from cannabis market research firm ArcView Research and BDS Analytics projects rapid growth in…

FridayApr 26, 2019 12:29 pm

Global Consortium Inc. (GCGX) Says Uplisting Process is Underway, Receives Annual Cannabis Manufacturing License

During an investor conference call, GCGX’s CEO noted that the company’s ultimate goal is to be listed and traded on the Nasdaq California has issued an annual license for adult and medicinal cannabis manufacturing to Global Consortium Group LLC CEO Dwyer added that GCGX subsidiary Infused Edibles is expected to see its production operations relocated to Sacramento, California, by the end of Q2 Global Consortium Inc. (OTC: GCGX) CEO Matthew Dwyer said during an investor conference call (http://ibn.fm/japym) that the company has already started its uplisting process by consolidating financials for its audit team. Following that, the company plans to…

FridayApr 26, 2019 11:56 am

Geyser Brands Inc. (TSX.V: GYSR) Building CBD-Based Product Portfolio in Wellness Industry

Geyser Brands has completed its first test harvest and second harvest as a cannabis cultivator under Health Canada’s licensing regulation, and it is working to complete licensing for direct-to-consumer sales; its third harvest, now in the ground, promises a 200 percent yield increase over the first two harvests GYSR recently undertook a $400,000 private placement financing bid and welcomed two new investor relations officers to boost its management team The company has signed a non-binding letter of intent to acquire the cannabis brands and assets of Solace Management Group Cannabis cultivator Geyser Brands Inc. (TSX.V: GYSR) is beginning to steam…

FridayApr 26, 2019 11:20 am

Marijuana Company of America Inc. (MCOA) Celebrates Significant Revenue Growth, Budding Cannabis Delivery Service

Marijuana Company of America Inc. has returned to its roots with a joint venture to launch a cannabis delivery service targeted at California’s recreational market Market researchers predict that California’s cannabis sales will hit $5.1 billion this year and $7.7 billion by 2022 MCOA’s year-end financial report noted an increase of 840 percent in annual revenues, thanks primarily to the company’s proprietary hempSMART brand Marijuana Company of America Inc. (OTCQB: MCOA) is solidifying its position as an innovative pioneer in the cannabis industry as it forms a strategy for new growth and celebrates significant revenue gains over the past year.…

FridayApr 26, 2019 10:07 am

Private Placement Financing Expected to Advance Black Iron Inc.’s (TSX: BKI) (OTC: BKIRF) (GR: BIN) Shymanivske Iron Ore Project

The second and final tranche of a Black Iron private placement will contribute to gross proceeds exceeding $1.59 million; these funds are expected to be used for Shymanivske iron ore project advancement Black Iron needs the financial resources to secure essential land surface rights and to further discussions surrounding project construction financing The company also announced discussions with the Ukrainian Ministry of Defense regarding the transfer of a parcel of land to be used for the construction of its processing plant and waste rock storage facility Toronto-based Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) recently closed the second…

ThursdayApr 25, 2019 1:45 pm

Hemptown USA is “One to Watch”

Proprietary genetics program with strains high in CBG, CBD, CBN and other high-potential cannabinoids Exclusive rights to 1 million rare CBG seeds for the 2019 growing season and beyond Biomass producing higher yields with up to 20% full-spectrum CBD and other cannabinoids Multistate farming presence in Oregon, California, Colorado and Kentucky projected to cultivate 3,000 acres by 2020 Sales and distribution channels include contract wholesale, bulk wholesale, in-house brands and white labeled products Disruptive product formulation ensures water solubility, high bioavailability and efficacy S. hemp-derived CBD sales forecast calls for $22 billion by 2022 Hemptown USA, headquartered in Central Point,…

ThursdayApr 25, 2019 1:07 pm

Sugarmade Inc. (SGMD) Among Hemp-Related Businesses Likely to Benefit if Congress Approves Cannabis Banking Legislation

Sugarmade is focusing its hydroponic agricultural supplies operation on the emerging hemp industry Passage of the 2018 Farm Bill opened the gates to a new wave of hemp farming that portends a possible boom market The hemp industry has suffered from the same banking antipathy afflicting state-legal marijuana businesses because of federal regulation of cannabis’ drug uses Congress has begun considering legislation that would potentially bar federal agencies from penalizing financial institutions that serve cannabis-related businesses Congressional legislation that aims to open banking institutions’ doors to the cannabis industry would not only benefit state-legal marijuana businesses, but also agricultural businesses…

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