Cannabis and Hemp Industry Investment News

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Hemplixer’s full spectrum CBD tinctures will be available in two concentrations and retail at between C$30 and $50 for 30ml bottles Heritage is also releasing its Pure Vida full spectrum CBD tinctures and CBD-dominant vape cartridge Heritage Cannabis Holdings Corp () () has said it is launching its Purefarma Hemplixer CBD tinctures in three Canadia
Kaelin has executed high-growth strategies, increasing revenue to more than $1 billion for a privately-owned company Kaelin’s appointment is the latest addition to the company's new executive leadership, following the appointments of Paul Rosen as CEO and Ruiz as president 1933 Industries Inc () () said Tuesday that it has appointed experienced fin
The hemp company’s 2020 two-year business plan estimates that the operation will generate more than €3 million in its first year Farmhus owns more than 500 hectares of land available for hemp cultivation in the Dresden area, which is scalable to 2,000 hectares with an option agreement Inc () (OTCPINK:EURPF) announced Tuesday that it has closed a 5%
The Vancouver-based company will become the exclusive Canadian manufacturing and distribution partner for Marianna's new line of white-label CBD-based drinks  Marianna will be responsible for national sales and marketing efforts to launch the product line in Canada BevCanna Enterprises Inc () () announced Tuesday that it has entered into a non-bind
The move is designed to reflect 16 additional contracts that Passport has signed since Australis announced the acquisition Based on the purchase price plus revised earnouts, Australis will pay around 9.1 times 2021 operating income if Passport achieves its expectations () () said it had amended some of the terms of its planned acquisition of Passpo
The company acquired the shares through the conversion of unsecured debentures valued at $1.6 million The debentures were acquired in a private placement from November 2018 () () has acquired 2.9 million shares in US multi-state operator (), the group said in a release on Friday. The Vancouver-based company acquired the shares through the conversio
Australis Capital revealed that it was acquiring Passport to complement its existing fintech assets. Passport provides cash access services to casinos Passport Technology Inc, a provider of cash access services to casinos, announced Thursday that it had expanded its services, by adding 16 casinos in British Columbia and Alberta to its platform. Thi
The debt is being settled through the issuance of 335,570 common shares to a former service provider at $0.149 each The company focuses on the development of several drug delivery platforms combining CBD with other pharmaceutical ingredients Corporation () director Bill Macdonald has resigned effective June 29, the company said on Thursday. “The co
Heritage ended 2Q with cash and equivalents of C$5.3 million and working capital of $13 million Heritage subsidiary Voyage Cannabis will provide True North with contract manufacturing services, including biomass sourcing and CBD oil production Heritage Cannabis Holdings Corp () () announced Tuesday that its subsidiary Voyage Cannabis Corp will prov
For its fiscal third quarter ended April 30, 2020, the company clocked up revenue of C$2.6 million The company’s balance sheet had C$4.9 million in cash and total assets worth C$54.6 million at the end of the quarter 1933 Industries Inc () () CFO Stephen Radusch said that the cannabis company had implemented “prudent financial measures” during the
Earlier this month, Embark signed an agreement to provide high-quality cannabis raw materials for vape pens to be marketed in the Canadian market. MMJ has a minority holding (about 12.7% shareholding) in Embark () investee Embark Health Inc and Mesa Exploration Corp (CVE:MSA) have signed a binding letter of intent to complete a business combination
EuroLife also said that its technology division is on track to post a positive return of cash flow this year The company said it is proceeding with a share consolidation on a 10:1 basis Inc () (OTCPINK:EURPF) updated shareholders on the progress of a pair of acquisitions that will bolster the pan-European health and wellness company’s portfolio of
The deal should allow Australis to become EBITDA positive in 2021, according to the company AUSA said its path to the Passport acquisition included extensive due diligence and strategic advice from third-party firms () () CEO Cleve Tzung said the firm was “pleased” with the response it is receiving from shareholders after announcing a transformativ
Marc Tran has been appointed as interim finance chief, with Aaron Wong is to resign as the group's chief financial officer effective June 30 this year, to pursue other interests In addition, Andrew Kain will transition from his roles as chief operating officer and general counsel with effect from the end of June Harvest One Cannabis Inc () () unvei
The combination of two formulations, Mg Optima Relax and CBD, promote relaxation and reduces stress. The first order of 5,000 units has been manufactured for Cultech Ltd. () has completed the first order of its newly developed hybrid cannabinoid, Mg Optima Relax + CBD, which has been manufactured for Cultech Ltd in the UK. In line with an exclusive
Harvest One is a global cannabis company that develops and provides lifestyle and wellness products to consumers and patients in regulated markets around the world. MMJ is the largest shareholder with around 26% of Harvest One () Canadian investee Harvest One Cannabis Inc () () has entered into an agreement to sell its United Greeneries cannabis cu