January 2019 - Page 3 of 4 - CanadianCannabisWire

FridayJan 11, 2019 11:10 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Discusses Company Initiatives at O’Cannabiz 2018

Lexaria Bioscience has its innovative DehydraTECH drug delivery platform The company’s DehydraTECH technology is complementary to other R&D being done on cannabinoids Lexaria recently attended O’Cannabiz 2018 in Vancouver A biotech company, Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) offers a unique platform that makes it possible to deliver bioactive substances through oral ingestion. Its DehydraTECH technology accomplishes this without the need for unhealthy inhalational dosing. DehydraTECH uses only GRAS (Generally Recognized as Safe) ingredients and increases bio-absorption by five to 10 times. Based in Kelowna, British Columbia, Lexaria Bioscience is the only company globally with patents issued for the…

WednesdayJan 09, 2019 10:49 am

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Set to Have All 25 7ACRES Flowering Rooms Completed by March 2019

Supreme Cannabis recently provided a 7ACRES construction update, announcing that 19 flowering rooms have been completed and the remaining six are expected to be ready by March 2019 The modular design of the facility enables independent adjustment of crop cultivation conditions, resulting in higher quality and better yield According to Supreme Cannabis, 7ACRES’ production capacity will reach 50,000 kilograms by mid-2019 The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) recently announced that it has completed 19 of the 7ACRES flowering rooms and is on target to complete all 25 by March 2019. Once construction is finalized, 7ACRES…

TuesdayJan 08, 2019 12:00 pm

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Inks Consulting Agreement with Khalifa Kush Enterprises

Supreme Cannabis Company focuses on growing sustainable cannabis businesses The company’s portfolio includes innovative 7ACRES brand Supreme Cannabis recently signed an agreement with Wiz Khalifa’s Khalifa Kush Enterprises The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) works to identify new opportunities to build unique cannabis businesses. The company’s 7ACRES licensed producer subsidiary operates a 440,000 sq. ft. facility in Ontario, Canada. 7ACRES’ specialty is growing high-quality cannabis in large quantities. Supreme Cannabis Company has its corporate headquarters in Toronto, Ontario. Supreme Cannabis’ portfolio additionally includes an equity investment and long-term worldwide distribution partnership with Medigrow. This partnership…

TuesdayJan 08, 2019 11:41 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Identifies Acquisition of Stake in Holigen as ‘Transformative Transaction’

Vinay Tolia, co-CEO of Flowr, sees the move as giving the company exposure to European and Australian markets The company believes that the combination of its cultivation expertise with Holigen’s development of large-scale cannabis facilities could result in one of the lowest-cost producers worldwide Clarus Securities has initiated coverage on FLWR stock with a ‘speculative buy’ rating and a one-year price target of $5; its research report projects adjusted EBITDA of C$6.8 million in FY2019 The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) acquisition of 19.8 percent of Holigen Limited for a cash payment of C$6 million and the signing of an intellectual property sharing agreement is expected…

TuesdayJan 08, 2019 11:16 am

Plus Products Inc. (CSE: PLUS) Solidifies Leading Edibles Position in California with Acquisition of Cannabis-Infused Baked Goods Manufacturer

In December 2018, Plus Products finalized the acquisition of GOOD CO-OP to further cement its leadership position within the California cannabis-infused edibles field Through the acquisition, Plus will gain quick access to the baked edibles market – one of the most rapidly growing niches in the space The CAGR of cannabis-infused baked goods for the coming five years is forecast at 14.12 percent, and the overall edibles market is expected to exceed $3 billion Plus Products Inc. (CSE: PLUS) announced in December 2018 that it had finalized the acquisition of GOOD CO-OP Inc. – a California-based cannabis-infused baked goods brand.…

MondayJan 07, 2019 12:32 pm

Icon Exploration Inc. (TSX.V: IEX.H) Set to Capture High Margins with Vertical Integration Strategy in Canadian Cannabis

Canadian cannabis market set for CAGR of 77.9 percent to 2021 Icon’s Vertical integration strategy could capture high margins Company will have operations in cultivation, extraction and retail The legalization of recreational cannabis in Canada has made analysts project rapid growth for the industry. Spending on adult-use marijuana (http://cnw.fm/4wY7O) is “estimated to reach over $3 billion in 2021, driving a CAGR of 77.9 percent from 2018-2021.” Eventually, Canada’s legal cannabis market will likely be comparable in size to the hard liquor or wine market. Growing organically, some sectors will be profitable (others, perhaps, less so), but telling which may not be so…

MondayJan 07, 2019 12:05 pm

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Building Cannabis-Infused Beverage Solutions with Leadership Depth

Consumer reports show growing tendency to reject smoke-inhaled substances such as cigarettes Sproutly Canada’s solution provides truly water-soluble cannabis product that mimics rapid onset, offset of smoked drug Cannabis-infused beverage market potential forecast between $900 million and $4.4 billion by 2024 As savvy cannabis investors look toward the market potential of the beverage-ization of their natural plant products, suppliers such as Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) are strengthening their operations by adding more experienced executives, building their distribution networks and increasing their output capabilities. Sproutly Canada is focused on cultivating pharmaceutical-grade cannabis for the backbone of…

FridayJan 04, 2019 12:48 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Finishes 2018 on a Strong Note, New Developments Announced

Redfund Capital’s 2018 portfolio consists of five companies; a total of 11 companies are in the pipeline at various due diligence stages New partnership was announced at the end of November for the purpose of developing water-soluble cannabis technologies During 2019, Redfund intends to maintain its CBD industry focus The year of 2018 featured a number of important developments for Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4), the first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility. At the end of November, the company announced a key partnership with Cannabis…

FridayJan 04, 2019 11:39 am

Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) Sees Opportunity in Applying Novel Skin Remedies to Health Concerns

Therma Bright’s thermal, dermatological technologies finding value in responding to array of concerns, from pain to pandemics Wider cosmeceutical industry expected to grow at CAGR of 8.21 percent between 2017 and 2023 Therma Bright’s niche focus is in strengthening skin defenses through non-invasive infrared energy and cannabidiol properties Skin health is a critical component of a person’s overall wellness, and the researchers at Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) are making dermatological defenses the first line of resistance against a variety of medical concerns ranging from pain to pandemics. The medical device developer has been an innovator in the…

FridayJan 04, 2019 11:14 am

Icon Exploration Inc. (TSX.V: IEX.H) Building Presence in Booming Cannabis Space

Cannabis researchers predict that global sales of the plant will reach $32 billion by 2022 Canada’s recent nationwide legalization of adult uses of cannabis is fueling a spike in labor force opportunities, including a 266 percent increase in cannabis jobs Icon Exploration’s agreement with City View Green (CVG) is sowing the seeds of growth as the Canadian cannabis license applicant prepares a 40,000-square-foot cultivation facility New job and wage statistics released just shy of Canada’s two-month anniversary for full-use cannabis legalization underscore the strength of the ‘weed’ industry, as well as the market potential of companies such as Icon Exploration…

News and Publishing Service for Cannabis Related, Canadian Companies

Contact us: 512.354.7000

Month: January 2019