Sproutly Announces JV with Moosehead
Today Sproutly Canada and Moosehead Breweries (OCC Holdings) announced they have entered into a definitive agreement to form an exclusive joint venture to develop, produce, and market non‐alcoholic cannabis-infused beverages in Canada using Sproutly’s proprietary, naturally produced water soluble cannabinoids known as ‘Infuz2O’. With the anticipated legalization of edibles in Canada later this year, Moosehead […]
Ionic Brands to Launch Lucid Green Technology Platform
This morning, Ionic Brands (CSE: IONC) announced that it would be the first to launch Lucid Green’s technology platform on its Ionic branded products. The technology is designed to enhance consumer trust and transparency within the cannabis industry, and will serve to enhance Ionic’s Certified Clean program. The technology itself is relatively simple – it […]
The Deep Dive Initiates Coverage on Cardiol Therapeutics
With a heavy focus on cannabinoids, Cardiol Therapeutics (TSX: CRDL) is not your typical cannabis stock. Rather than focusing on the traditional method of acquiring cannabinoids – through the extraction of a cannabis plant, which requires a Health Canada license that is slow to obtain – Cardiol has heavily emphasized a different route to acquire […]
Agraflora Organics Announces Investor Event, Provides Corporate Update
Late Friday night Agraflora Organics (CSE: AGRA) provided an operational update for the status of their joint venture in Delta, BC. The facility under construction is set to be one of the largest in Canada, with over 2,200,000 square feet of funded capacity currently in construction through a venture with The Houwelings Group. As per […]
BRIEFING: Cannabis One Signs Agreement to Acquire Colorado Cannabis Assets with Projected 2019 Revenue of US$53M+
This morning Cannabis One Holdings (CSE: CBIS) announced they have entered into a letter agreement with Colorado-based cannabis consulting firm Itachi Advisory Group LLC to pursue related assets for cannabis retail, cultivation, and manufacturing operations. “We believe this new partnership with Itachi will provide CBIS with a profound opportunity to explore the acquisition of a […]
Valens Groworks Reports Revs of $2.2m, Releases Guidance for Q2
Valens Groworks (CSE: VGW) reported its first quarter 2019 revenues yesterday after the bell, announcing revenues topping $2.2 million and a gross profit of $0.85 million. The company reported processing 1,796,000 grams of dried cannabis and hemp biomass for the quarter to generate these revenues, at what equates to an average rate of $1.19 in […]
Harvest Health Announces Definitive Agreement to Purchase Verano Holdings
Last night, it was announced that Harvest Health and Recreation (CSE: HARV) had signed a definitive agreement to acquire Verano Holdings. This news follows the binding agreement signed between the two parties in March 2019. Upon closing, it’ll establish Harvest Health as the largest multi state operator within the US in terms of licenses. The […]
BRIEFING: Ionic Brands Acquires Zoots Premium Cannabis-Infused Edibles
Today after close, Ionic Brands announced they have reached a definitive agreement with Zoots Premium Cannabis Infused Edibles. Based out of Washington State, Zoots Premium Cannabis Infused Edibles are available at licensed marijuana retailers in Illinois, Washington, Colorado and Massachusetts. Zoots handcrafted and delicious edible products are extremely popular among consumers and complements our enormously […]
BRIEFING: Tinley Ships First Batches of Liquor ‘Inspired’ Cannabis Beverages For Those Looking to Make ‘Mocktails’
Today Tinley Beverage Company announced they shipped their first batches of the Company’s liquor-inspired Tinley™ ’27 cannabis beverages. They also announced this is approximately one month ahead of schedule, reflecting the capabilities of the Company’s recently-commissioned Phase 2 facility. These new products were crafted by formulators who in the past have created national liquor brands. […]
FSD Pharma Receives Much Awaited Sales License
FSD Pharma (CSE: HUGE) shareholders received some much awaited news this past weekend in the form of a sales license for the Cobourg-based operation. While it was announced late Thursday before the long weekend by Health Canada, the company elected to release its press release on the news yesterday morning, prompting some much needed positive […]