24 November 2024

Tag: Cann

Heritage Cannabis (CANN.C) launches branded products

Growing cannabis revenues, shrinking losses, a healthy balance sheet – and now a pathway to selling branded extraction products into the Canadian market.

27 May 2020
Do not adjust your TV sets – Heritage Cannabis (CANN.C) is a real business

New licenses, deals, products – that’s all good – but it’s not the nitty gritty stuff investors are looking for now. By “nitty-gritty” we mean – numbers. Four weeks ago, Heritage released its Q1, 2020 financials.

29 April 2020
Heritage Cannabis (CANN.C) builds CBD extraction facility with JV partner in Oregon

Heritage is now installing extraction and post-production equipment units at Empower’s existing licensed hemp processing facility in Sandy, Oregon, to begin performing “hemp-based product manufacturing for proprietary formulations, tolling services, and third-party white labelling services for other distributors throughout the United States”.

6 March 2020
Heritage Cannabis (CANN.C) loses $2.3 million in Q4, finds extra year of runway as revenues kick in

A quick scan of headlines today would tell a harrowing story that Heritage Cannabis (CANN.C) was in big trouble and had lost $13 million and pandemonium had broken loose, and dogs and cats were going to be living together any time now. That’s because the company led their Q4 financials news release today with their…

29 February 2020
Empower Clinics (CBDT.C) expands sales force to service California CBD market

Last week Empower Clinics (CBDT.C) announced that it has hired some young commissioned-based sales people to expand its Sollievo CBD line in Southern California. Empower is a multi-state CBD life sciences company, that operates a network of health & wellness clinics for its nine corporate locations and franchises in the United States. Empower manufactures and…

29 November 2019
Heritage Cannabis’ (CANN.C) subsidiary Endocanna Health licenses DNA kits for Empower Clinics (CBDT.C)

Endocanna Health, a subsidiary of Heritage Cannabis (CANN.C), has agreed to manufacture and license its patent-pending Endocannabinoid DNA Test Kits to Empower Clinics (CBDT.C). Imagine a product tuned in directly to your specific DNA to give you exactly what you need when you need it. That’s what Endocanna’s test kits offer. Endocanna’s kits provide personalized…

9 August 2019
Marijuana update: No, the market isn’t getting killed… we’re just not rewarding bullshit anymore

Top tip: You guys out there whining about ‘the market’ being down are finding excuses for the wrong problem. Folks be running about with their hair on fire right now, pointing to a sky that for sure is falling because a few of their favourite weed stocks have come off absurd highs and what if…

30 July 2019
Heritage Cannabis (CANN.C) signs monster deal with Cronos (CRON.T)

On July 25, 2019 Heritage Cannabis (CANN.C) announced a vape-device deal with the $6.6 billion Cronos Group (CRON.T). Heritage will fill and package vaporizer devices for the Canadian rec and medical markets. Specifically, vape fulfillment for the Spinach and PEACE NATURALS brands, “utilizing multiple unique and proprietary formulations provided by Cronos Group.” The deal has…

26 July 2019
Heritage Cannabis (CANN.C) acquires a 30% stake in EndoCanna

Heritage Cannabis (CANN.C) is back in the headlines Wednesday after announcing plans to acquire a minority stake in EndoCanna, one of California’s leading DNA-testing marijuana companies. The news comes about a week after Equity Guru identified extracts and their derivatives as one of the final frontiers of the cannabis boom – in an article covering…

16 May 2019
Pure Global Cannabis (PURE.V) is up nearly double in a week – and still dirt cheap

When I write about Pure Global (PURE.V), people get confused because a) they’re always down, and b) they’re not a client company. They should be a running joke, right? Like an Instadose or a Namaste (N.V). Well if you bought in when I did, that’s even truer. It hit the markets on opening day around…

1 January 2019