Recreational marijuana sales in Canada have been slow to take off despite legalization in October 2018 but look to be on the rise A survey carried out in February 2021 revealed that 40% of Canadian marijuana consumers still resorted to illegal means to obtain product due to poor quality of legal marijuana, lack of stock … Continue reading “Pac Roots Cannabis Corp.’s (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Relentless Focus on Quality Begins to Pay Dividends”
Florida is the third-largest market by revenue in the US, bringing in over $1.2 billion in 2020 for medical cannabis Once the acquisition of Acreage Holdings is finalized, RWB will mobilize 30 turn-key grow pods for cultivation RWB acquired licenses to open 35 dispensaries in Florida, a limited license state, more than doubling the current … Continue reading “Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is Mobilizing 30 Turn-Key Grow Pods to Provide Florida With Premium Cannabis “
RIV Capital (TSX: RIV) (OTC: CNPOF), an investment and acquisition company specializing in cannabis, announced that through its sale and investment solicitation process, PharmHouse Inc. completed the sale of its greenhouse facility. The transaction was based on its asset purchase agreement with a company related to Sensei Ag Holdings Inc. PharmHouse noted that it plans … Continue reading “NetworkNewsBreaks – RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) Announces PharmHouse GreenHouse Facility Sale”
Pure Extracts plans affiliate partnership to install cannabis and hemp extraction system in existing Michigan facility Company CEO notes excitement about launching into first US initiative with experienced and entrenched partners Agreement outlines planned renovation of existing 2,600-square-foot facility located in central Michigan Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused … Continue reading “Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces LOI Aimed at U.S. Expansion”
Red White & Bloom Brands (CSE: RWB) (OTC: RWBYF) today reported plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. According to the update, RWB has secured 30 double-wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 … Continue reading “NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) Announces Strategic Purchase to Expand Cultivation Capacity”
RIV Capital (TSX: RIV) (OTC: CNPOF), (formerly Canopy Rivers Inc.), today announced that the asset purchase agreement proposed by PharmHouse Inc. has been approved by the Ontario Superior Court. The agreement outlines PharmHouse’s intent to sell various operating assets, including its facility and certain equipment located at the facility. As part of the announcement, RIV … Continue reading “NetworkNewsBreaks – RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) Announces Court Approval of PharmHouse Asset Purchase Agreement, $25M Voluntary Payment”
Universal Ibogaine has announced the appointment of a new CEO: Dr. Rami Batal. Batal is a veteran biopharmaceutical industry executive and a healthcare professional with impressive expertise and a background in mental health, specifically substance use disorders. Batal has spent his career in biomedical innovation, specifically biopharmaceutical research, development and commercialization of medicines for pain … Continue reading “NetworkNewsBreaks – Universal Ibogaine Inc. Appoints Seasoned Biopharm Exec as New CEO”
Gage Cannabis recently closed on Regulation A equity financing offering, raising gross proceeds of $50 million Issuance was oversubscribed, resulted in addition of over 1,000 new investors to Gage Cannabis’ shareholder base Gage Cannabis plans to use the proceeds to further expand Gage’s retail reach, pursue M&A opportunities and help solidify the company’s position as … Continue reading “Gage Cannabis Sets Sights on Becoming Michigan’s Top Cannabis Brand, Concludes Successful Equity Financing Offering”
NetworkNewsWire Editorial Coverage: More than 700 million people worldwide are affected with some form of mental illness, addiction or eating disorder, representing about 13% of total disease burden. In reality, the worldwide picture is a bit murky, considering the high frequency of nondiagnosis as well as lack of treatment, even in the most developed countries. … Continue reading “Hope on the Horizon: Psychedelics Offer Potential for Transforming Mental Health Treatments”
Related Editorial On election day this year, four more states voted to legalize the recreational use of cannabis, bringing the total of states that now allow recreational cannabis use to 15. This growing acceptance of cannabis, and more specifically CBD, which is now legal in all 50 states, has sparked an explosion of new CBD-infused … Continue reading “NetworkNewsAudio – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Targets CBD Sector with Top-Quality Products”
