Cannabis and Hemp Industry Investment News

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BevCanna will provide the product, and Argentia will distribute it in Newfoundland, Prince Edward Island (PEI) and New Brunswick By 2025, the market for cannabis is expected to expand to $56 million annually in New Brunswick, $49 million in Newfoundland and $21 million in PEI BevCanna Enterprises Inc () (OTCPINK:BVNNF) has signed a non-binding lett
The company has also signed an outline letter of intent with one counterparty for the offtake of the eventual supply of finished pharmaceutical and medical grade cannabis ingredients EXM also said Farmceutica Wellness, a supplier of CBD ingredients, will initially supply up to 4,200 kg of cannabis ingredients annually Inc () said it has secured a s
Proceeds from the financing will be used to assist in the closing of certain acquisitions and fund the expansion of the group's Colorado and Washington operations Nearly half of the proceeds came from Cannabis One managers and board members Cannabis One Holdings Inc (), the cannabis branding house, has undertaken a management-led strategic financin
GSRX interim CEO Troy Nihart said the two new board members would help the group 'grow and expand into other industries' Currently, GSRX operates five cannabis dispensaries in Puerto Rico under the Green Spirit RX brand name GSRX Industries Inc () said Wednesday that it has added two experienced business development executives, Troy Dooly and Shaun
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires (NYSEAMERICAN:GORO) generated net revenue of $28 million during its first quarter, the miner said Tuesday. The firm produced a total of 10,142 ounces of gold and 407,625 ounces of silver from its operations in Mexico and Nevada over the first three months
The e-commerce-focused group said 14,091 customers also signed up for a subscription service during the month of April Mota said the company's hand sanitizer would stand out in the crowded hand sanitizer space, as it combined the “antimicrobial properties of ethyl alcohol” with the benefits of CBD Corp () (OTCPINK:PEMTF) (FSE:1WZ1) revealed Tuesday
The group will leverage its extensive experience in launching beverages in the Canadian market to maintain compliance with Health Canada as well as national sales and distribution efforts BevCanna has also engaged Keef, through its network of licensed manufacturing partners, to co-pack and distribute BevCanna's cannabis-infused beverage products in
A portion of the funds will be used for the group's human pilot study on DehydraTECH's ability to boost the oral bioavailability of antiviral drugs Lexaria said the rest of the money will drive the application process for a senior US exchange listing application, and for working capital Lexaria Bioscience Corp () (), a global innovator in drug deli
Professor Offen works at the Department of Human Molecular Genetics and Biochemistry, Sackler Faculty of Medicine, Sagol School of Neuroscience at Tel Aviv University He has published over 200 articles, review papers and book chapters and had file over 30 granted patents Corporation () has announced that cell and gene therapy specialist Professor D
The move comes after the group's recent deal to buy CWE, which owns and operates HANF Hemp Stores in Germany and Luxembourg In recent months, Eurolife said, it has strategically entered into key supply chain agreements, license distribution and logistics agreements, and secured raw manufacturing of product ingredients Inc () () (FSE:3CMA) has revea
In a letter to shareholders, CEO Meni Morim said the group was now attracting premium brands and value added partners. In a separate statement, Namaste posted its results for the year to November 30, which saw it end with strong working capital of C$39.4 million and no debt () () is turning a 'new page' after the challenges of 2019 and is now a lea
CEO Brandon Boddy said the cash infusion at a substantial premium to market is indicative of AgraFlora's 'pole position' through the 'next phase of cannabis normalization' The proceeds will be used as working capital and fund capital expenses at the Delta Greenhouse complex and Winnipeg edibles facility AgraFlora Organics International Inc () (OTCP
The two tech companies will help cannabis businesses maintain compliance while growing amid surging consumer demand during the coronavirus pandemic As part of the partnership, Hypur will support Helix BioTrack’s cannabis retailer network with modern, digital payment products Inc (), which has a suite of technology services and platforms that enable
The group's current chairman Cam Birge will replace Gary Latham as CEO on an interim basis The firm said it was currently holding a strategic review of assets and liabilities and developing its "go forward" plan Mojave Jane Brands Inc (CSE:JANE) (OTCMKTS:HHPHF) has announced management changes and revealed that the board is initiating a strategic r
SHG's focus will be to provide a broad array of primary and alternative healthcare services CB2 already has over 30 locations in 12 states and employs over 150 staff and medical professionals CB2 Insights Inc () () said Wednesday that it has officially launched its newest division in the USA - Skylight Health Group (SHG) - which the group hopes wil
The firm owed Naturo Group Investments Inc for a strategic advance which was a debt of C$197,000 "Repaying the strategic advance through equity represents a good opportunity to strengthen our balance sheet and preserve liquidity during these uncertain times," said John Campbell, the finance chief at Bevcanna BevCanna Enterprises Inc () () said it h