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…

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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…

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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.…

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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…

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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,…

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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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ThursdayApr 25, 2019 12:24 pm

Nightfood Holdings Inc. (NGTF) Enters Lowes Foods Locations, Adds ‘Product of the Year’ Logo to Packaging for Next Production Run

Nightfood ice cream is now available at Lowes Foods locations in North Carolina, South Carolina and Virginia The next run of Nightfood ice cream will include the 2019 ‘Product of the Year’ logo in order to drive consumer trial at retail NGTF’s CEO will aim to raise the company’s global profile when he speaks at the 13th Annual Global Dairy Congress in Portugal Nightfood Holdings Inc. (OTCQB: NGTF), owner of Nightfood ice cream, recently added distribution to all 78 Lowes Foods supermarkets in North Carolina, South Carolina and Virginia as part of its expansion program (http://ibn.fm/udGWm). The company is working…

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ThursdayApr 25, 2019 11:35 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Focusing on Burgeoning Cannabis Beverage and Consumables Market

Sproutly Canada is committed to redefining the cannabis industry SRUTF’s ACMPR-licensed facility was built for the cultivation of pharmaceutical-grade cannabis The company is developing the Aqueous Phytorecovery Process Based in Vancouver, British Columbia, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) engages in developing and bringing to market consumer cannabis products, with an emphasis on beverages. The company’s primary mission is to become the foremost supplier of water-soluble cannabis solutions and bio-natural oils to the developing beverage and consumables market. Sproutly Canada’s ACMPR-licensed facility in Toronto, Ontario, was built to cultivate pharmaceutical-grade cannabis. Fundamentally, Sproutly is combining advanced cannabis…

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ThursdayApr 25, 2019 10:13 am

Geyser Brands Inc. (TSX.V: GYSR) is “One to Watch”

Medical and recreational cannabis is legal for adult-use in Canada with consumables expected to be available in October 2019 Passage of 2018 Farm Bill in the U.S. opens hemp production nationwide Legal cannabis sales worldwide reached $12 billion in 2018 with analysts projecting up to $32 billion in sales by 2022 CBD-infused consumables are expected to gain popularity with edibles growing to be a $4 billion market in the U.S. and Canada by 2022 Nanofusion technology overcomes insolubility problems associated with CBD oils, improving bioavailability and providing for controlled onset and offset times Geyser Brands Inc. (TSX.V: GYSR) is a…

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WednesdayApr 24, 2019 1:56 pm

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Registers First Sales of Premium Cannabis, Cultivation Facility on Pace for Q3 2019 Completion

Even with its cultivation facility only 20 percent operational, the company reported record revenues from its first cannabis sales in 2018 Flowr announced that 20 fully constructed grow rooms will be available in Q3 2019, increasing its annual production capacity to 10,000 kilograms The company has also announced plans to expand its product line with the sale of seeds and clones once production is ramped up The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) registered a number of important milestones in 2018, despite the fact that its world-class cultivation facility was only 20 percent operational at the time. In an official…

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