Cannabis and Hemp Industry Investment News

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Under the deal, the company is purchasing the remaining 9% interest in AMA Production 1933 Industries will issue 3.7 million non-transferable share purchase warrants exercisable at $0.075 each and expiring on June 13, 2024 1933 Industries Inc () () announced Thursday it has signed an agreement to purchase the remaining 9% interest in AMA Production
The ready-to mix line of CBD beverage enhancers have functional ingredients and will be launched on its Pure Therapy e-commerce platform The company forecasts C$7.28 million in overall gross revenue for the Pure Therapy’s business vertical and a net profit of C$.26 million in 2021 BevCanna Enterprises Inc () (OTCQB:BVNNF) (FRA:7BC) on Thursday anno
Ensuring that consumers continue to have safe and uninterrupted access to the company’s products, as well as maintaining high-quality growth, cultivation, production, manufacturing and distribution capabilities, will be critical to the company’s success. Harvest One remains optimistic regarding its strategic review to refocus on its core strengths
Inc () (CSE:HUGE.CN) CEO Raza Bokhari tells Proactive the biopharma group is fully funded to continue progress on its Phase 2 study to treat hospitalized coronavirus patients. Bokhari says its most recent fundraising gives the firm $9.5M to conduct the trial, which will begin dosing patients in the next couple of weeks. Despite a recent decline in
Heritage Cannabis (CSE: CANN-OTCQX: HERTF) CEO Clint Sharples joined Steve Darling from Proactive Vancouver with news the company has received an inaugural order from Weed Pool Cannabis Co-operative that operates in the Province of Saskatchewan. Sharples telling Proactive that due to the number of independent stores in that province, about 60 perce
The Vancouver-based company said it will close the placement on November 3 by offering 13,920,000 units at a price of C$0.066 for gross proceeds of C$918,720 CEO Paul Rosen said the firm was boosting the distribution for its branded products, as its Canna Hemp CBD line enters new channels across the US, and it brings new THC products to Las Vegas 1
Weed Pool is a co-operative of independently-owned cannabis retailers in Saskatchewan "We have seen growing interest and awareness of our Pura Vida and Purefarma brands in Saskatchewan and with Weed Pool, our brands will soon be widely available there," said CEO Sharples Heritage Cannabis Holdings Corp () () (FRA:2UE) is set to sell its Pura Vida a
The company said receiving the licence will be a “major milestone” for the company’s commercialization and white-label plans Once BevCanna receives the licence, it will be fully authorized to begin production at its high-capacity beverage manufacturing facility and expects to begin servicing its white label clients and commercializing its in-house
Namaste Technologies (CVE: N-OTCMKTS: NXTTF) CEO Meni Morim joined Steve Darling from Proactive to share with viewers the company results from Q-3 2020- Morim noting an improvement in Revenue year over year and a better bottom line. Morim also told Proactive about the real bright spot for the company, the performance of their CannMart platform. Add
Total net revenue for CannMart for the three-month period to end August 31 was C$2.3 million, a 1,586% increase compared to the year-ago period Namaste recently entered the direct-to-consumer recreational cannabis market to sell products by licensed retailers via CannMart.com and VendorLink () () (FRA:M5BQ) saw its revenue increase by 49% to C$5.6
IntelGenx will manufacture filmstrips containing 10 mg of CBD using its VersaFilm technology, for distribution and sale in Canada and Australia Heritage will supply CBD material for IntelGenx’s filmstrip manufacture and supply in Canada and Australia on a non and semi-exclusive basis, respectively () () said it has executed a binding letter of inte
The infused cannabis beverages giant expects to launch the popular US beverage and distillate vape lines by the first quarter of 2021 John Campbell, Chief Strategic Officer for BevCanna said the firm received "excellent feedback" from its discussions with cannabis 2.0 provincial buyers on both its Keef and Cali-Bloom product lines BevCanna Enterpri