Category: CBDs
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Xphyto (XPHY.C) advances its Oral Dissolvable Film (ODF) technology for CBD and THC medical markets
Increased product efficacy and patient convenience is anticipated through faster onset of drug action, more predictable therapeutic activity and ease of use.
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Heritage Cannabis (CANN.C) to develop vape oil with Sugarbud’s biomass
Heritage is positioning itself to radically expand its sales territory.
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Plus Products (PLUS.C) 71% costs turnaround shows legitimacy in management, anchors growth
Esteemed California cannabis gummies maker Plus Products (PLUS.C) issued quarterly financials Thursday showing a substantial turnaround as their Nevada and national CBD growth plans take hold. After a 10c per share loss in Q1, the company presented a mere 1c per share loss in Q2, with $4.3 million in revenue, despite COVID-driven slowdowns in Nevada.…
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Heritage Cannabis (CANN.C) acquires Opticann – to create an international medical footprint
Sharples’ plan is to leverage Opticann’s international relationships to build “an international medical product sales footprint”.
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How World Class Extractions (PUMP.C) killed a $25m bailout for HydRx & took their $50m facility for $5m
A few days ago, World Class Extractions (PUMP.C) announced they’d done a deal with a ‘leading licensed producer’ (that we figured out is Aphria – APHA.T) to take over HydRx Farms’ $11.5 million debenture for $5 million. That deal brought WCE the potential to (should the debt not be paid, and it won’t be) take…
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World Class Extraction (PUMP) takes over $11.5 million HydRx debenture at 43% discount
In one of the most unlikely deals we’ve seen in some time, World Class Extractions (PUMP.C) boss Rosy Mondin has announced Cobra Ventures, a 50% owned subsidiary, has purchased an $11.5 million debenture with HydRx Farms from a ‘leading Canadian licensed producer’ – for $5 million. The deal shifts HydRx’s debt over to PUMP, which…
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World Class Extractions (PUMP.C) partners with Canopy’s (WEED.T) medical division
“Spectrum Therapeutics’ medical patients can have confidence that their legal cannabis purchases will arrive at their door in a safe and timely fashion,” stated Rosy Mondin, CEO of World-Class
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Heritage Cannabis (CANN.C) releases Q2, 2020 financials
Gross revenue was $1.4-million in the second quarter of 2020, compared with nil in the three-month period ended April 30, 2019.
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Plus Products (PLUS.C) just parachuted right into my world
Heimark has a track record of rigorous market research prior to launching products. This research-based approach has reaped dividends in market penetration and revenue growth.
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Shoppers Drug Mart (L.T) opens Toronto area same day delivery – and uses World Class Extractions (PUMP) to do it
Loblaws’ (L.T) big ass 1300-store pharmacy chain, Shoppers Drug Mart, announced this morning they’re now offering same day delivery of medical cannabis products in the Greater Toronto Area. Delivery will be free for orders over $100, which is most orders. Big news: The Medical Cannabis by Shoppers team is pleased to announce the launch of…