Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

NA Proactive news snapshot: Helix BioPharma, Newrange Gold, EnWave, OTC Markets Group UPDATE …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

Helix BioPharma Corp () CEO Heman Chao will be presenting at Noble Capital Markets’ investor conference in Hollywood, Florida on February 17, the company said Friday. Chao will also sit on a panel entitled “Cancer Treatment: Tackling the disease through innovative strategies,” to discuss new therapies to combat cancer. Helix was also selected to present to Noble Capital Markets Life Sciences Scientific and Advisory Board (“LSAB”), in an invitation only event comprised of world-class healthcare professionals with extensive experience in the medical and pharmaceutical industries.

Newrange Gold Corp () (OTCMKTS:NRGOF) offers investors exposure to an early stage explorer with significant gold and silver discovery potential, says Noble Capital Markets, which has started covering the stock with an 'outperform' rating. It is targeting C$0.25 a share, which is more than double the firm's current share price of C$0.12. The firm's assets are the Pamlico project in Nevada, which allows it to explore and develop a district-scale gold deposit over multiple targets. The company also recently enlarged its footprint in the Red Lake area in Ontario with a new option agreement to earn 100% of the H Lake property from Bounty Gold Corp.

EnWave Corporation () (OTCMKTS:NWVCF) has agreed to slim down its Equipment Purchase Agreement with The Green Organic Dutchman Holdings Ltd () (OTCMKTS:TGODF) subsidiary Medican Organic Inc. Under the original deal, signed in March 2019, TGOD purchased three of EnWave’s 120kW Radiant Energy Vacuum dehydrating machines for its Valleyfield, Quebec cannabis facility. Now, at TGOD’s request, the parties have agreed to shrink the deal to one machine. TGOD has already paid in full for one machine and partially paid for the new machines no longer part of the agreement. The funds paid in connection to the two cancelled machines covers the costs absorbed by EnWave, the company said.

OTC Markets Group Inc () is congratulating lawmakers for introducing bipartisan legislation on Tuesday that would help qualified public companies trading on an over-the-counter market to offer Employee Stock Ownership Plans (ESOPs). The ESOP Fairness Act (S.3270) (H.R.5851) was put forth simultaneously by Senators Thom Tillis (R-NC) and Gary Peters (D-MI) and Representatives Mike Kelly (R-PA-16) and Brian Higgins (D-NY-26) in the House.

Continue reading
  8 Hits

High Hamptons launches construction of main manufacturing center in California

The Toronto company is a cannabis sector brand and distribution company, with an entrenched presence in California

High Hamptons Holdings Corp (), told Canadian investors Thursday that it has kicked off the development of its main manufacturing and distribution centre in Cudahy, California.

In the wake of a partial demolition, the construction and repair of the Cudahy facility is now underway. Post renovation, the cannabis campus will accommodate a nursery and manufacturing, processing, packaging and distribution operations as well as a non-retail storefront to be used for a delivery service.

READ: High Hampton’s launches CALIGOLD’s new Sugar, Sauce and Live Resin cannabis edibles in California

High Hampton expects to complete the Cudahy facility by the end of the third quarter and will start operations shortly after that.

“The development of the Cudahy facility, which is located in southeast Los Angeles County, is important to High Hampton for a number of reasons,” said Tom Baird, chief operating officer of High Hampton. “It will provide a near complete stack of operations within the largest cannabis market in California and will be able to service both Southern and Northern California from its strategic location with both distribution capabilities and the delivery of retail products directly to consumers in the Los Angeles market.”

READ: High Hampton aims to be California brands and distribution leader

Temporary state licenses have already been won by High Hampton’s subsidiary 420 Realty to provide cultivation, manufacturing, a non-retail storefront and distribution for the Cudahy facility. And pending a definitive agreement, delivery service will be provided by 2083 Group’s SpeedWeed platform and extend to the greater Los Angeles area and beyond.

Continue reading
  3 Hits

Buds & Duds: High Hampton and CB2 Insights shine in otherwise lackluster cannabis sector

viewMojave Jane

Buds of the day were High Hampton Holdings Corp () (OTCMKTS:HHPHF), (), while duds included (),  (NYSE:ACB) ().

CSE:JANE

Market: CSE
Market Cap: $2.46 m
Follow

View company profile

Add related topics to MyProactive

Continue reading
  4 Hits

Buds & Duds: High Hampton and CB2 Insights shine in otherwise lackluster cannabis sector

Youngevity is launching a CBD-infused coffee

Investors were bearish on the cannabis sector Tuesday following concerns that the resignation of US Food Drug Administration Commissioner Scott Gottlieb could delay CBD approvals. Seaport analyst Brett Hundley said in a note that Gottlieb’s departure adds “more uncertainties” to markets.

The Marijuana Index, which tracks leading cannabis stocks in North America, was down 4.6% to 286.5 at midday.

Buds

High Hampton Holdings Corp () (OTCMKTS:HHPHF) started strong Wednesday as the company welcomed a new independent member to its board of directors, Dieter MacPherson, the current senior vice president of operations at (NYSE:ACB) (). The Vancouver-based company hopes to expand within the California cannabis market, and investors are optimistic.

The stock added 6.3% to US$0.28 on the OTC Markets, while Canadian shares rose 11.6% to CA$0.39.

() commenced trading today on the CSE. The data-driven medical cannabis company is based in Toronto and is working to mainstream cannabis into traditional health care, the company said in a statement. “At CB2, we have been focused on bringing a heightened level of objective, actionable insights to the medical cannabis space,” CB2's CEO Prad Sekar said.

Continue reading
  4 Hits

High Hampton Holdings taps senior Aurora Cannabis exec Dieter MacPherson for board

MacPherson is keen to join High Hampton as the company forges ahead in California

MacPherson is currently a senior vice-president for operations at Aurora

High Hampton Holdings Corp () (OTCMKTS:HHPHF) said Wednesday that Dieter MacPherson, a senior executive at (), has been added to its board of directors.

MacPherson’s appointment underlines the Toronto company’s expertise in the cannabis sector as it looks to widen its reach in the California market.

READ: High Hampton’s launches CALIGOLD’s new Sugar, Sauce and Live Resin cannabis edibles in California

“Together, with the latest appointment of Cam Birge, the High Hampton board of directors has, once again, gained in strength and expertise and is now perfectly equipped to guide the company through this important growth phase,” said Gary Latham, CEO of High Hampton, in a statement.

MacPherson, who is currently a senior vice-president for operations at Aurora, boasts roughly ten years of experience as an advocate for sensible regulations and fair access to medical cannabis. Since joining Aurora in 2017, MacPherson has worked to improve Aurora’s crop yields and production and was in charge of overseeing all of the company’s cannabis production facilities.

Continue reading
  3 Hits

High Hampton make significant moves to strengthen footprint in California

viewMojave Jane

High Hampton () CEO Gary Latham joined Steve Darling from Proactive Investors Vancouver on Skype from California to talk about some recent moves the company has made to increase their presence in California.

Latham also told Proactive about the his outlook for the company in 2019 and what investors can look forward to.  

CSE:JANE

Market: CSE
Market Cap: $2.46 m
Follow

View company profile

Continue reading
  3 Hits

High Hampton to invest in California-focused cannabis company behind Speedweed brand

The company, which is positioning itself as a cannabis branding and distribution company in the US market, plans to acquire almost a third of 2083’s shares for US$2.1 million

2083 Group and Speedweed have ‘Hollywood flair,’ says High Hampton CEO Gary Latham

High Hampton Holdings Corp (CSE: HC) (OTCMKTS:HHPHF) said it has signed a binding letter of intent for a minority investment in 2083 Group Inc, a company in California's cannabis market known for its Speedweed delivery platform.

The cannabis investment company said in a statement Thursday that it has agreed to advance a secured loan of US$500,000 to 2083 with an annual interest rate of 7%. The loan will be due and payable within 12 months from the date of advance unless both parties agree to extend it.

If the companies enter into a definitive agreement by April 15 or some other agreed-upon date, the loan will be converted into 7.69% of the issued and outstanding common stock of 2083.

READ: High Hampton rises after reporting C$9 million in cash at end of 1Q

High Hampton, which is positioning itself as a cannabis branding and distribution company in the US market, said it plans to acquire 32.31% of 2083’s shares for US$2.1 million. Back-office functions to support non-cannabis-related aspects of both businesses will be integrated.

Continue reading
  3 Hits

High Hampton’s launches CALIGOLD’s new Sugar, Sauce and Live Resin cannabis edibles in California

CEO Gary Latham says the expansion of the company’s product portfolio through CALIGOLD’s new creations adds ‘topline revenue’

High Hampton Holdings wholly owned subsidiary CALIGOLD is known for its popular cannabis infused chocolate bars

High Hampton Holdings Corp () (OTCMKTS:HHPHF) announced Wednesday that it has launched three new cannabis edibles in dispensaries across California through its wholly owned subsidiary CALIGOLD.

Known for its quality cannabis chocolates, CALIGOLD began distributing Sugar, Sauce and Live Resin cannabis concentrate products to dispensaries in the Golden State.

"With customers continuously looking for different ways to consume, we are very proud to be launching three new concentrate products as part of the well-known CALIGOLD brand,” said High Hampton Holdings CEO Gary Latham in a statement. “This expansion of our product portfolio adds topline revenue, and as more of our brands will come online in 2019, we will increase revenue and create sustainable value for our shareholders."

DEEP DIVE: High Hampton aims to be California brands and distribution leader

Each edible has its own unique property. CALIGOLD Sauce is a high terpene full spectrum cannabis extract, rich in THCA, a non-intoxicating cannabinoid found in raw cannabis. The company said this results in “a perfect blend of cannabinoids and terpenes.”

Continue reading
  3 Hits

High Hampton sets goal of becoming California brands leader in 2019

The company says it will own and operate the processes that allow it to manufacture, infuse and package recreational and wellness products

Last month, the cannabis company reported that liquidity remains strong

High Hampton Holdings Corp () (OTCMKTS:HHPHF) announced Tuesday its 2019 strategy of being a "brands and distribution leader" in California.

The Toronto-based company said in a statement that it will own and operate the processes that allow the company to manufacture, infuse and package branded recreational and wellness products.

READ: High Hampton rises after reporting C$9 million in cash at end of 1Q, progress in California

High Hampton said it will also focus on owning and operating the “paths to market;” deploy data collected through distribution to understand demand; and control the supply chain, starting with product-focused strains at its Los Angeles-area nursery and continuing through the cultivation cycle.

"This is an exciting time for High Hampton,” CEO Gary Latham said. “We will be in revenue early in 2019, with an aggressive growth path through the year and beyond.”

Continue reading
  5 Hits

High Hampton rises after reporting C$9 million in cash at end of 1Q, progress in California

Milestones for the cannabis company included its announcement that it had secured 7 megawatts of power for its CoachellaGro facility

The cannabis company secured 7 megawatts of power for its CoachellaGro facility

High Hampton Holdings Corp () (OTCMKTS:HHPHF) climbed Wednesday after saying in its quarterly financial statement that liquidity remains strong with more than C$9 million in cash as of November 30.

The cannabis company said in a statement that milestones for the first quarter included its announcement in October that it had secured 7 megawatts of power for its CoachellaGro facility in California.

Shares rose C$0.01, or 1.9%, to C$0.27 in Wednesday’s Canadian trading.

READ: High Hampton's 420 Realty wins six California cannabis licenses

In November, Toronto-based High Hampton completed the acquisition of Mojave Jane, a California-licensed manufacturer of cannabis extracts and concentrates.

Continue reading
  3 Hits

High Hampton's 420 Realty receives six licenses from the State of California

viewMojave Jane

High Hampton Holdings(CSE-HC) CEO Garry Latham joined Proactive Investors to bring news that High Hampton subsidiary 420 Realty has received six California State cannabis licenses to operate at its facility located in the City of Cudahy.

420 Realty submitted six applications to the State for temporary licensing. All six applications were approved by the State for operations in categories like nursery, cultivation, and cultivation  processing
 

CSE:JANE

Market: CSE
Market Cap: $2.46 m
Follow

View company profile

Continue reading
  2 Hits

High Hampton's 420 Realty wins six California cannabis licences

The granting of six temporary licenses will allow 420 Realty to kick off the development of its facility in Cudahy

The granting of the licenses comes on the heels of the striking of a key development agreement with the city of Cudahy, California

The cannabis investment company High Hampton Holdings Corp () (OTC:HHPHF)’s subsidiary 420 Realty LLC has won six cannabis licenses from the state of California to operate at its facility in Cudahy, California.

The granting of six temporary licenses for nursery work, cultivation processing, cultivation, manufacturing, retail and distribution will allow 420 Realty to kick off the development of its facility in Cudahy.

READ: High Hampton to see first revenue in first quarter of 2019 thanks to success of CaliGold and Mojave Jane

The licenses follow a development agreement reached with the city of Cudahy which allows 420 Realty to develop the property and conduct cannabis business operations per the terms of the pact.

“With the development agreement and temporary licenses in hand, we can begin development of the facility in Cudahy, which is a central part of High Hampton’s strategy to serve the lucrative Southern California market,” said High Hampton CEO Gary Latham in a statement.

Continue reading
  5 Hits

High Hampton to see first revenue in first quarter of 2019 thanks to success of CaliGold and Mojave Jane

High Hampton's cannabis brands CaliGold and Mojave Jane are poised for success in 2019

As of August, High Hampton was sitting on cash of over C$15 million

The management of High Hampton Holdings Corp (CSE:HC) told investors Friday that the cannabis investment firm’s first revenues will come in the first quarter of 2019 thanks to the success of its two cannabis brands CaliGold and Mojave Jane.

The two businesses will produce and ship products and deliver revenue in the first quarter of 2019 and show significant growth next year, according to an operational update released along with the company’s last fiscal year results.

Mojave Jane is a California-licensed manufacturer of premium cannabis extracts and concentrates for buyers in the US state while High Hampton's 100% owned CaliGold produces medicinal grade cannabis edible chocolate bars and vaporizer pens.

READ: High Hampton Holdings' Mojave Jane to kick off production in January 2019

Bravo, High Hampton’s distribution business, is also making “excellent progress” towards operations as well. A 15,000 square foot facility is under lease in West Sacramento, California and the business is is expected to be licensed and operational in the second quarter of 2019.

Continue reading
  3 Hits

High Hampton Holdings' Mojave Jane to kick off production in January 2019

Mojave Jane is a California-licensed manufacturer of premium cannabis extracts and concentrates for buyers in the state

The Mojave Jane output will be used to supply multiple brands on a white label basis

Cannabis investment firm High Hampton Holdings Corp () (OTC:HHPHF) told investors that its wholly owned subsidiary Mojave Jane was set to start full-scale production in January next year, firing the starting pistol on monthly revenues of US$1 million to the company.

Mojave Jane is a California-licensed manufacturer of premium cannabis extracts and concentrates for buyers in the US state.

The recently upgraded 2,500 sq ft production facility lies in the cannabis-friendly zone of Coachella City and can produce around 115 litres of clear distillate per month.

READ: California cannabis company High Hampton Holdings appoints new CEO and COO

High Hampton said the output will be used to supply multiple brands on a white label basis including High Hampton's 100% owned CALIGOLD, which produces medicinal grade cannabis edible chocolate bars and vaporizer pens.

Continue reading
  4 Hits

California cannabis company High Hampton Holdings appoints new CEO and COO

viewMojave Jane

The company has welcomed Gary C. Latham and Tom Baird, co-founders of cannabis producer Mojave Jane, to its executive team

High Hampton Holdings is a California-based cannabis sector investment company

High Hampton Holdings Corp (CSE:HC, OTCMKTS:HHPHF) is filling out its executive team, welcoming a new chief executive officer and chief operations officer.

Gary C. Latham, a figure in the California cannabis community with 30 years of experience, will take on the role of CEO.

“I am excited to join High Hampton to build on that success, continue to expand our footprint across California, and integrate our subsidiaries to deliver strong economic results driven by high-quality products, along with nurturing relationships that can support advancements in therapeutic applications of cannabis,” said Latham in the company’s press release.

Cannabis plant in the sun
Continue reading
  5 Hits

High Hampton Holdings set to add near term revenue to bottom line with Mojave Jane acquisition

Mojave Jane is a California-licensed manufacturer of premium cannabis extracts and concentrates for buyers in the US state

High Hampton is becoming a big player in the California cannabis market

Cannabis investment firm High Hampton Holdings Corp (CSE:HC, OTC:HHPHF) told investors Monday it had closed its previously announced acquisition of Mojave Jane, which is set to add near-term revenue to the bottom line.

Mojave Jane is a California-licensed manufacturer of premium cannabis extracts and concentrates for buyers in the US state and adds a fifth subsidiary to High Hampton's growing portfolio of California-based cannabis makers and distributors.

READ: Pot industry investor High Hampton set to buy California cannabis manufacturing firm for US$3.5M

"As the High Hampton family of subsidiaries grows, we are continuously strengthening our position as a strong player in the burgeoning California cannabis market," said Christian Scovenna, interim chief executive and director of High Hampton.

"Adding Mojave Jane to our portfolio means bringing on more market expertise, cannabis products and revenue and will help us grow our share in the adult use market.

Continue reading
  4 Hits

Pot industry investor High Hampton set to buy California cannabis manufacturing firm for US$3.5M

Caifornia dreamin.... Mojave Jane supports distribution throughout California

Pot investment group High Hampton Holdings Corp (CSE:HC, OTC:HHPHF) is set to acquire a licensed California cannabis manufacturing company  - Mojave Jane.

Based in Coachella, California, the group makes cannabis extracts and concentrates and is a key player in the state's growing cannabis economy.

High Hampton said the deal would:

provide the means to produce high-value white-label and branded extracts for distribution across the California marketsproduce near-term revenue that will fuel profitability and growth across the High Hampton portfolioBring experienced executive management and operators to the High Hampton team;Establish a foundation for the full integration of High Hampton's portfolio companies and create the means to achieve substantial growth in the adult-use market and the ability to develop cannabis-based medical/therapeutic solutions that make a difference in people's lives.

"The acquisition of Mojave Jane represents a cornerstone of our consolidation strategy in California in that it adds a proven cannabis manufacturer to our growing portfolio," said Christian Scovenna, interim chief executive officer of High Hampton.

"Even more important, this acquisition integrates perfectly with our other subsidiaries, and I expect pivotal synergies to develop such as supply chain agreements between Mojave Jane and Caligold, as well as, access to an established distribution network through 8 Points Management.

Continue reading
  5 Hits

High Hampton Holdings welcomes Birge to board

Birge has more than 20 years' experience advising and working with public and private companies in Canada and elsewhere

High Hampton Holdings is a cannabis sector investment company..

High Hampton Holdings Corp (CSE:HC, OTC:HHPHF) has bolstered its board with seasoned cannabis industry executive Cam Birge, who will become an independent director.

Birge, former chief financial officer and current senior consultant of , will support the group as it enters into the next stage of growth and in the development of its California-based cannabis assets, it said.

He has more than 20 years' experience advising and working with public and private companies in Canada, the United States and Mexico and is well connected both in capital markets and within the cannabis and other sectors.

He also has over two decades' experience in public and private education, including five years as adjunct professor of business and twice-elected head of the graduate business department of the academic council at United States International University, Mexico City campus.

Continue reading
  4 Hits

High Hampton Holdings Corp CEO resigns as board names interim replacement

viewMojave Jane

The former CEO will act as a consultant for the company

High Hampton Holdings is a cannabis sector investment company

High Hampton Holdings Corp () (OTC:HHPHF) announced on Tuesday the resignation of chief executive officer David Argudo as he plans to focus on a political career.

The company's board of directors said in a statement it has appointed the current director and s vice president of corporate finance Christian Scovenna as interim CEO. He will serve in this position as final preparations are made for Argudo's successsion.

The company thanked Argudo for his services. The former CEO will support the company in transition and has agreed to act as a consultant with High Hampton.

Cannabis plant in the sun
Continue reading
  3 Hits

High Hampton Holdings sees power boost: secures 7 megawatts for CoachellaGro growing facility

The company said it received a will serve letter from the Imperial Irrigation District with a confirmation for seven megawatts of power for the CoachellaGro cultivation facilities

The CoachellaGro 254,000 sq/ft greenhouse facility will be situated in the cannabis industrial park in the city of Coachella, California

California-focused High Hampton Holdings (, OTCMKTS:HHPHF) has advanced further its CoachellaGro Corp cannabis production facility in California after it received a will serve letter from the Imperial Irrigation District with a confirmation to accommodate facilities with seven megawatts of power.

In May, CoachellaGro received a conditional use permit for cannabis farming on the 10.8 acre property which was an important prerequisite for securing power.

High Hampton plans to construct and provide a new substation on the Coachella property and install, operate and maintain the necessary substation equipment including new transmission lines and step-down transformer to bring electrical service to its cultivation facilities.

WATCH: High Hampton Holdings looking to take the "Cali" Lifestyle to a whole new high

"I am pleased that we received a Will Serve Letter for 7 Megawatts of Power. We are the first in the City of Coachella to receive power through transmission lines in where we will be having our own mini substation," said chief executive officer and director David E. Argudo.

Continue reading
  3 Hits