October 2019 - Page 26 of 28

ThursdayOct 03, 2019 10:46 am

Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Obtains Official Licensing, Significantly Increases Production Capacity

OGI recently received government approval and licensing for 17 additional cultivation rooms The company’s licensed production capacity now totals 76,000 kilograms per year Organigram’s strategic plan for continued expansion is reportedly on schedule Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI), a leading Canadian licensed producer (LP) of premium-quality cannabis and extract-based products, has obtained Health Canada approval for licensing of 17 additional cultivation rooms. The move brings the company’s total target licensed production capacity to 76,000 kilograms per year (http://ibn.fm/hl2G8). This is the next step in the company’s strategic plan to increase capacity and further improve its efficiencies of scale. The…

ThursdayOct 03, 2019 10:42 am

QualityStocksNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reaffirms Timing of First Harvest at Kimmetts, Unveils 2020 Cultivation Plans

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced its expected commencement of the first harvest at its Kimmetts facility in Napanee, Ontario in the fourth quarter of 2019. In addition, VIVO unveiled its plans for the facility in 2020, which include an accelerated planting schedule and the contemplated use of five additional acres of land adjacent to the existing airhouses. VIVO made the announcements during its analyst and investor day held in Napanee, where the company showcased its airhouse technology, extraction programs and progress toward achieving EU GMP certification. “The fact that we expect to be able to…

ThursdayOct 03, 2019 10:33 am

QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Opening of 150th CBD Shop and Progress to Capitalize on Holiday Shopping Season

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the opening of its 150th Seventh Sense® Botanical Therapy ("Seventh Sense") CBD mall-based shop. The first shop opened in early February, and the update provides a link to watch Green Growth Brands CEO Peter Horvath discuss the growth of Seventh Sense from the Polaris Fashion Place location in Columbus, Ohio. The 150 shops operate across 35 states, and the number of locations is expected to reach up to 200 by the start of the holiday shopping season. To date, of the customers in the consumer database, nearly 20%…

ThursdayOct 03, 2019 9:48 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Details Surrounding TerrAscend Canada Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today provided details surrounding its investment in connection with a financing announced October 2, 2019. According to the update, Canopy Rivers has acquired ownership and control over (i) $13,243,000 principal amount of unsecured convertible debentures of TerrAscend Canada Inc. (the "Debentures"); and (ii) 333,723 common share purchase warrants of TerrAscend (the "Warrants"). The Debentures’ principal amount is convertible into fully paid and non-assessable common shares or exchangeable shares of TerrAscend at the holder’s option, or upon the occurrence of certain events, at a conversion price of $5.95…

ThursdayOct 03, 2019 9:35 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches Nationwide Hemp CBD Product Marketing Campaign

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company based in California, this morning announced the start of a national marketing campaign featuring the company’s new 100% hemp CBD product. Recently launched in partnership with leading direct-to-consumer sleep company Casper, the new product line will receive additional help from John Legend who will advocate for CBD on behalf of PLUS. PLUS has also partnered with BTTR, an award-winning Los Angeles advertising agency, to design the campaign. Among other highlights, the campaign will include PLUS’s first commercial, which will be featured in digital direct to consumer advertisements; new…

ThursdayOct 03, 2019 8:53 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Posts Record Quarter-End, Year-End Numbers

SPRWF released impressive numbers in its latest financial report The company highlighted its stable position in a roller-coaster industry The 7ACRES brand plays a key role in the company’s current and future growth initiatives The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is ending its FY2019 as one of the few Canadian cannabis businesses building sustainable operations and valuable brands, according to the company’s FY2019 year-end report (http://ibn.fm/UworA). The report announced impressive numbers that indicate the company’s stable position in a sector that has been rocked by up-and-down performance throughout the year. The company released its Q4 2019…

WednesdayOct 02, 2019 2:47 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Achieves Growing Revenues in Q2; Develops CBD FSO Distillate Operation

HTC Extraction Systems (TSX.V: HTC), a gas, liquids and biomass extractor and refiner, recently reported financial results for the second quarter and six-month period ending June 30, 2019 (http://ibn.fm/IsnSu). An article discussing the company reads, “HTC Extraction Systems recorded an increase in same-period, year-over-year revenues from operations during the first six months of 2019, rising from $560,260 to $1.85 million, according to unaudited interim condensed consolidated financial results. . . . HTC and its subsidiaries are dedicated to developing their proprietary extraction and purification systems for removing cannabidiol full-spectrum oil (CBD FSO) distillate from acquired hemp biomass and making the…

WednesdayOct 02, 2019 2:34 pm

QualityStocksNewsBreaks – Why Xalles Holdings Inc. (XALL) Is ‘One to Watch’

Fintech holding company Xalles Holdings (OTC: XALL) leverages blockchain and other technologies for e-commerce, payments, financial-reconciliation, and payment-auditing solutions. An article discussing the company further reads, “Xalles’ business plan focuses on consumer, business and government-oriented payment and financial-reconciliation transactions. Combining the blockchain decentralized financial-ledger platform with the company’s existing X2X transaction reconciliation system design, Xalles is building technology that supports payment audits, exchanges, and new business models and opportunities worldwide. Xalles will launch new-services card and mobile payment and rewards systems, and it will expand the technology offerings for referral marketing and e-commerce engines.” To view the full article, visit…

WednesdayOct 02, 2019 2:24 pm

Xalles Holdings Inc. (XALL) Building Fintech Support Strategy Through Acquisitions, Mentoring

Xalles Holdings is a payment auditing services company building a fintech transaction support strategy through acquisitions and mentoring The company’s subsidiaries offer services including program management, marketing capabilities, investment and financial management Xalles recently reported its fifth consecutive quarter of revenue generation The financial transaction systems that support all business enterprises have changed throughout the course of history, but what has never changed is the common goal of securing a means by which creators, regardless of their product class, can profit by providing someone else those products and services, and also by which consumers can acquire products or services by…

WednesdayOct 02, 2019 1:28 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Advancing Toward Expansion Plans

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil sands clean recovery mining oil company with proprietary technology, recently secured additional funding and made considerable headway toward its Asphalt Ridge heavy-oil extraction facility expansion plans. An article discussing the company reads, “Earlier this month, Petroteq announced the issuance to an arm’s length lender of a $480,000 principal amount (including a 20% original issue discount) unsecured convertible debenture and warrants exercisable for up to 2,666,666 of the company’s common shares, each at $0.15, for 12 months, according to a news release (http://ibn.fm/elOX1). The company said it will use the net…

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Month: October 2019