April 2019 - HempWire

TuesdayApr 30, 2019 1:10 pm

ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales

CIIX reported $1,444,822 in revenues for the third quarter of fiscal 2019, marking an 81 percent increase from the same quarter of the previous year The company’s hemp and CBD consumer product sales grew to $1,061,318 in the third quarter of fiscal 2019 CIIX CEO projects a “fruitful” performance in the coming year ChineseInvestors.com Inc. (OTCQB: CIIX) reported sharp sales gains for the three months ended February 28, 2019. The quarterly gains reached 81 percent, totaling $1,444,822, as compared to $796,304 for the previous year. CIIX CEO Warren Wang attributed a large part of the impressive growth to a major…

TuesdayApr 30, 2019 12:34 pm

Cannabis Topicals: Uses, Benefits, and Surprising Facts

Did you know that you can put cannabis products directly on the skin? Believe it or not, cannabis-infused creams and balms make for potent first-aid treatments and can even be used in cosmetics. Why does this matter? Here’s what you need to know about cannabis topicals and how to use them: What are cannabis topicals? Cannabis topicals are balms, creams, lotions, salves, oils, and sprays. These products can be used for a variety of purposes, including first aid, skincare, and cosmetics. While many people are familiar with the concept of medical cannabis, fewer realize the vast potential of topical applications.…

TuesdayApr 30, 2019 12:18 pm

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is “One to Watch”

Recent passage of U.S. farm bill presents extraordinary opportunity to capitalize on an estimated US$22 billion CBD wellness market Consumer sentiment is changing with 92% of U.S. states legalizing some form of cannabis Positive regulatory momentum in the U.S. is spreading with legalization and acceptance of cannabis spreading internationally Global legal marijuana market expected to reach US$146.4 billion by end of 2025 Significant near-term portfolio target opportunities under evaluation in several U.S. states, Israel and the European Union Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow…

TuesdayApr 30, 2019 10:48 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils

TGOD recently received an oil sales license from Health Canada for its Ancaster, Ontario, facility The company’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, certified-organic cannabis oils TGOD’s Unite Organic Cannabis Oil, derived from a high potency, THC-dominant strain, is expected to be ready to ship in late April 2019 The company is targeting a potential market in Ontario and Quebec with 21.5 million residents and an estimated value of more than $2.6 billion Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has reached another milestone that supports the company’s ambition of becoming the…

MondayApr 29, 2019 2:04 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada The recently announced LOI (http://cnw.fm/2Cjz8) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential of a…

MondayApr 29, 2019 1:09 pm

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances” Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction The global hemp market is forecast to reach $5.7 billion in revenues by 2020 Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is…

MondayApr 29, 2019 12:52 pm

Cannabis Tolerance: What You Need to Know

Cannabis tolerance is an ongoing factor for patients and consumers. The development of cannabis tolerance is a well-documented phenomenon. Simply stated, tolerance refers to the body’s ability to grow accustomed to the chemical effects of cannabis consumption. If you continue to consume cannabis over time the body becomes used to the constant input and adjusts itself accordingly. When you first begin to consume cannabis, you may find that the effects of the herb are quite strong. With regular consumption, however, these strong effects mellow out and some of the negative side effects of the herb dissipate. This is very similar…

MondayApr 29, 2019 10:52 am

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula

The cannabis beverage market is estimated to exceed $4 billion by 2022 Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) foresees a lucrative vertical emerging in the cannabis sector as the cannabinoid-infused beverages and edibles space continues to grow in popularity with consumers. A report from cannabis market research firm ArcView Research and BDS Analytics projects rapid growth in…

FridayApr 26, 2019 12:29 pm

Global Consortium Inc. (GCGX) Says Uplisting Process is Underway, Receives Annual Cannabis Manufacturing License

During an investor conference call, GCGX’s CEO noted that the company’s ultimate goal is to be listed and traded on the Nasdaq California has issued an annual license for adult and medicinal cannabis manufacturing to Global Consortium Group LLC CEO Dwyer added that GCGX subsidiary Infused Edibles is expected to see its production operations relocated to Sacramento, California, by the end of Q2 Global Consortium Inc. (OTC: GCGX) CEO Matthew Dwyer said during an investor conference call (http://cnw.fm/Us6Cp) that the company has already started its uplisting process by consolidating financials for its audit team. Following that, the company plans to…

FridayApr 26, 2019 11:56 am

Geyser Brands Inc. (TSX.V: GYSR) Building CBD-Based Product Portfolio in Wellness Industry

Geyser Brands has completed its first test harvest and second harvest as a cannabis cultivator under Health Canada’s licensing regulation, and it is working to complete licensing for direct-to-consumer sales; its third harvest, now in the ground, promises a 200 percent yield increase over the first two harvests GYSR recently undertook a $400,000 private placement financing bid and welcomed two new investor relations officers to boost its management team The company has signed a non-binding letter of intent to acquire the cannabis brands and assets of Solace Management Group Cannabis cultivator Geyser Brands Inc. (TSX.V: GYSR) is beginning to steam…

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Month: April 2019