Alliance Growth Corp. executives announce that the Company has executed the founders agreement with a private Health Canada Licensed Producer Applicant based in Ontario, Canada.
The next step is a $25,000 first payment for the equity investment. The agreement will include long term plantlet supply contract and an off-take agreement at wholesale cost for flower to be used for CBD oil extraction at the Cannabis Botany Centre.
Invictus MD Strategies Corp. (CSE:IMH, OTC:IVITF) is pleased to announce that on February 6, 2017 it has acquired 100% of the outstanding shares of a late stage applicant ("OptionCo") from its current shareholders. OptionCo has built 60,000 square feet of secured perimeter for its current production facility located on 150 acres, which is expected to have production capacity of up to 6,000 kg per annum. OptionCo has already submitted plans for additional buildings on the Property including a 30,000 square foot facility.
The world’s largest company involved with producing therapeutics derived from cannabis posted a fiscal first-quarter loss of $19.25 million.
GW Pharmaceuticals (NASDAQ:GWPH) said it lost $0.768 per American depository share (ADS) in its fiscal first quarter, well below analysts’ consensus estimate of $1.20. Each ADS represents 12 ordinary shares.
Invictus MD Strategies Corp. (CSE:IMH, OTC:IVITF) is pleased to announce that on February 6, 2017 it has acquired 100% of the outstanding shares from its current shareholders.
They have acquired 60,000 square feet of secured perimeter for its current production facility located on 150 acres. They have already submitted plans for additional buildings on the Property including a 30,000 square foot facility.
Tel: 778-998-5431 RobGrace@alliancegrowers.com THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. FORWARD LOOKING INFORMATION This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance.
The cannabis industry attained new highs in 2016, paving the way for some big changes this year.
Four states in the U.S. voted in favor of legalization in 2016, and it was expected that the cannabis market would rake in over $6.7 billion alone.
It will only get better from here.
Aphria (TSXV:APH, OTC:APHQF) is pleased to announce it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX.
Agro-Tek Inc. a subsidiary of Tetra Bio-Pharma Inc. (CSE:TBP)(CSE:TBP.CN)(OTC PINK:GRPOF), a pharmaceutical company focused on developing and commercializing therapeutic cannabis-based products for the treatment of pain and other medical conditions announced today it has entered into an five (5) year exclusive Supply and Distribution agreement with Engen Medical Corporation for the Canadian distribution of its Munchies B Gone gum.
ChineseInvestors.com, Inc. (OTCQB: CIIX) filed form 10Q with the SEC on January 23, 2017, stating that it had sharply higher revenues in both the quarter and six months ended November 30, 2016, as compared to the same periods of the prior year.
SinglePoint (OTC: SING), a full-service mobile technology and marketing provider, this morning announced its LOI to acquire an interest in Convectium, the creator of a unique oil filling machine capable of filling cartridges or disposable vape pens for wholesale distribution to dispensaries.
Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that CEO Warren Wang will be presenting at NobleCon13 on Tuesday, January 31, 2017, at 2:30 PM Eastern Time.
Canopy Growth and Mettrum announce the successful approval of Canopy Growth's acquisition of Mettrum.
Now that the requisite shareholder approvals have been obtained, a final order of the Ontario Superior Court of Justice approving the Arrangement will be sought on January 30, 2017. It is expected that the Arrangement will be completed on January 31, 2017.
Tweed Inc. (OTC:TWMJF) triples its production capability with purchase of an old Hershey factory in Ontario, Canada. The 42-acre site is now the largest indoor cannabis production facility in Canada, and likely the world.
The building and property were acquired for $6.6 million, $923,980 of which was issued in shares. As a part owner of the facility prior to the transaction, Linton received 70,800 of the 94,397 shares issued.
Tweet Mentor Capital Inc (NASDAQ:MNTR) CEO Chester Billingsley sold 19,661 shares of the stock for a total transaction of $24,379.64. Following the completion of the sale, the chief executive officer now owns 4,727,247 shares in the company, valued at $5,861,786.28.
After introducing SinglePoint's mobile payments operations, CEO Greg Lambrecht briefly discusses his professional background and explains how the company's SingleSeed Payments subsidiary got started in the cannabis industry.
