Cannabis and Hemp Industry Investment News

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A glance at some of the day's highlights from the Proactive Investors US and Canada newswires Progressive Planet Solutions Inc (CVE:PLAN) is granting up to 950,000 options to five insiders, including an employee and a consultant of the company. The options are exercisable at C$0.05 for a two-year period from the date of grant. In a statement, the g
What are you searching for? viewInnoCan Pharma InnoCann Pharma (CSE: INNO) CEO Iris Bincovich joined Steve Darling from Proactive Vancouver with news the company has signed a Letter of Intent with ADVA Bio-Technology for exosome manufacturing and development. Bincovich telling Proactive InnoCan intends to load the produced exosomes with CBD and the
The ecommerce platform serves US-based and international consumers in the dietary supplement and natural health products market Unified Funding’s database of over one million users has generated over C$375 million in customer transactions since its inception in 2015 Corp () (OTCPINK:PEMTF) is planning to acquire ecommerce platform Unified Funding L
It was responding to a request from the Investment Industry Regulatory Organization of Canada, following trading activity occurring on Thursday The company said it is not aware of any 'corporate developments or other reason' for the recent increase in market activity Harvest One Cannabis Inc () () said Friday it was not aware of any corporate devel
Adastra will supply standard processing services to CannMart Labs for cannabis extract and concentrate products over a period of 12 months () (OCTMKTS:NXTTF) said its CannMart Inc subsidiary has delivered an initial purchase order for bulk cannabis distillate to Adastra Labs Holdings Ltd (CSE:XTRX). “We are pleased to announce the receipt of a purc
Innocan believes that CBD-loaded exosomes may hold the potential to provide anti-inflammatory properties and help infected lung cells to recover Innocan intends to load the produced exosomes with CBD in its efforts to develop a treatment for coronavirus (COVID-19) and additional central nervous system disorders Corporation () said Friday that its w
The buyer also has an option before June 26 to purchase an additional 5 million shares for C$500,000 The company said it may consider divesting the balance of its Pharmadrug stake through open market transactions Inc (NASDAQ:HUGE) (CSE:HUGE.CN) (FRA:0K9A) said it has sold 5 million Pharmadrug Inc (CSE:BUZZ) shares in a privately negotiated transact
In a call with investors Wednesday, Mota announced that the CBD brand saw revenue of C$29 million and net income of C$3.5 million in 2019 Mota recently acquired Verrian, which owns a 110,000 square foot pharmaceutical manufacturing facility in Germany Corp () (OTCPINK:PEMTF) updated investors Wednesday on the company’s recent audit of its Nature’s
AgraFlora CEO Brandon Boddy said the partnership is a nod to the group’s capacity to deliver ‘technically superior’ extraction-ready material The company also said it intends to complete a non-brokered private placement of up to 26,666,667 units at a price of 7.5 cents per unit for gross proceeds of $2 million AgraFlora Organics International Inc (
What are you searching for? viewAgraFlora Organics International Inc. AgraFlora Organics (CSE: AGRA-OTCPK: AGFAF) Chairman and CEO Brandon Boddy joined Steve Darling from Proactive Vancouver with news the company has received a cultivation license from Health Canada for their delta facility. That facility is the 2nd largest in Canada. Boddy telling
The group's CEO Brandon Boddy said obtaining the license marks the 'end of a journey' started in the fourth quarter of 2018 and is the 'key milestone' in beginning cannabis sales AgraFlora said the inaugural harvest of high-potency THC genetics at the Delta greenhouse complex, in British Columbia will occur in the fourth quarter of 2020 AgraFlora O
The brand, which provides CBD products to consumers in the US and Europe, clocked up revenue of C$29 million last year Unified Funding, the brand's former owner, is entitled to a one-time bonus payment based on revenue and profitability in 2020 Corp () (OTCPINK:PEMTF) said it has completed an audit of the Nature's Exclusive brand’s 2019 financials
What are you searching for? viewHelix Technologies Inc () President of Data Services Garvis Toler tells Proactive it has reported a surge in gross profit and revenue in the first quarter of 2020 as it continues to expand its international footprint. Garvis says it reported gross profits for the quarter of $2.3 million, 58% higher year-on-year, whil
Provides powerful and effective operating services platform for cannabis industryEnables business owners and operators to better manage and mitigate riskCustomer networks in the US, Canada, Colombia, Jamaica, Australia, New Zealand, the Netherlands, South Africa and the UK Helix Technologies Inc () is a technology group which provides the legal can
The group also reported a 35% jump in revenue to $4.6 million while cash flow from operations leapt 69% Helix provides supply chain management, compliance tools, and asset protection in regulated cannabis markets Inc () has reported a surge in gross profit and revenue in the first quarter of 2020 as it continues to expand its international footprin
The cannabis specialist said it now expects to reports its first quarter figures on or before June 13 after activities impacted by coronavirus required it to extend the preparation and filing period of the results () () said it now expects to file its interim filings for the first quarter ended February 29 on or before June 13 after activities impa