October 2020 - HempWire

WednesdayOct 28, 2020 12:06 pm

Pac Roots Cannabis Corp.’s (CSE: PACR) Strategic Business Model Anchors Company in Growing Cannabis Market

Sales of legal adult-use cannabis in Canada grew by 5.2% from July to August, reaching monthly total of CA$244.9 million PACR committed to preserving excellence of elite strains while introducing highest-quality new strains Strategic approach has allowed company to be cash-flow positive within first year of trading With the recent news that Canadian cannabis sales in August reached nearly CA$245 million (https://cnw.fm/EC7Ow), Pac Roots Cannabis Corp.’s (CSE: PACR) mission to deliver the finest cannabis genetics to Canadians seems particularly well timed. A Canadian company, PACR is dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach. According to “Marijuana Business…

MondayOct 26, 2020 10:18 am

Medicinal Mushrooms Booming, Pure Extract Technologies Inc. First-Mover Strategy Catalyzing Growth

Research indicates that functional and medicinal mushrooms offer range of physical and mental benefits Pure Extracts’ milestone-based strategy catalyzing Company growth Strategy includes license procurement, production, marketing of in-house and white label products Mainstream science is now catching up with what traditional medicine has known for years — that functional and medicinal mushrooms can help treat disease, improve mental cognition and fire up digestion. Pure Extract Technologies Inc., a soon-to-be public, plant-based Canadian extraction company, is on track to position itself as an industry leader through a strategy based on three growth-focused milestones that include the application to Health Canada…

FridayOct 23, 2020 1:32 pm

Pure Extract Technologies Inc.’s Three-Pillar Business Model Points Company Toward Success

‘Harvard Business Review’ cites importance of a good business model, specifies key questions it should answer. Pure Extracts’ business model founded on three pillars: extraction services, formulation & white-labeling, and development of its in-house ‘Pure Pulls’ branded cannabis and functional mushroom products. Company’s business model is multi-faceted, comprehensive and allows for future growth. A strong business model is essential to every successful organization, whether it’s a new venture or an established player, touts a “Harvard Business Review” article titled “Why Business Models Matter.” Pure Extracts Technologies Corp., a plant-based extraction company with a new vertical in functional mushrooms, recognizes the…

MondayOct 19, 2020 11:41 am

Pac Roots Cannabis Corp. (PACR) Set to Benefit as Hemp and Cannabis Producers Evolve, Differentiate Crop Cultivation

Pac Roots Cannabis Corp. specializes in creation of unique, proprietary cannabis and hemp strains Following its tie-up with Phenome One Corp, Pac Roots offers over 350 meticulously designed cultivars possessing wide array of characteristics Introduction of patent protection on genetically modified hemp strains along with insurance provided to hemp growers incentivizes hemp production, drives greater demand for genetically modified seeds and cultivars Since completing its RTO and being listed on the CSE in May of 2020, Pac Roots Cannabis (CSE: PACR) has earned a reputation for operating on the cutting edge of hemp and cannabis cultivation. This foresight in staying…

MondayOct 12, 2020 2:13 pm

Pure Extract Technologies Awarded Standard Processing License by Health Canada, Eyes Expansion Plans

Pure Extract Technologies has been awarded Standard Processing License by Health Canada The license will enable the Company to produce, sell cannabis & hemp products to other Licenced Producers in its purpose-built facility located near Whistler, Canada Canada’s ability to export worldwide coupled with Company’s EU-GMP compliant facility makes Pure Extracts a natural partner for companies involved within international distribution Pure Extract Technologies, a privately held British Columbia-domiciled plant extraction company, announced that it had been awarded a Standard Processing Licence by Health Canada under the Cannabis Act, following an extensive and meticulous five-month application and vetting process (https://cnw.fm/0Eu0d). Pure Extracts…

MondayOct 12, 2020 12:39 pm

Pac Roots Cannabis Corp. (CSE: PACR) Employs Specialized Proprietary Cultivation Techniques, Seeks to Deliver on Higher-Quality Product Portfolio

Pac Roots Cannabis Corp. dedicated to supplying higher-quality cannabis product PACR enters into strategic licensing agreement with Phenome One Corp, providing access to 350 meticulously-designed cultivars Company has also employed number of proprietary cultivation techniques to ensure quality of end products, which has contributed to PACR’s stellar industry reputation Since completing its RTO and being listed on the CSE in May of 2020, Pac Roots Cannabis Corp. (CSE: PACR) has established a strong reputation within the field of cannabis and hemp cultivation, leveraging upon the exceptional genetics of its specialized cultivars as well as an innovative proprietary cultivation technique to…

MondayOct 12, 2020 11:42 am

Sugarmade (SGMD) Numbers In Line with Cannabis Industry Increasing Projections

Projections for U.S. retail sales of medical, recreational cannabis on pace to reach $15 billion by end of 2020 SGMD seeing consistent growth in numbers, supporting expert predictions CEO reports “increase in gross margins while demonstrating another breakout month-over-month performance on both the top and bottom line” Even with the global COVID-19 pandemic causing a speed bump, projections for the retail sales of medical and recreational cannabis in the United states are on pace to reach $15 billion by the end of 2020 (https://cnw.fm/tqgrr). Those numbers, which are an increase of approximately 40% over 2019 sales figures, may not surprise…

FridayOct 09, 2020 10:52 am

Sugarmade, Inc. (SGMD) Leases Property with Plans for Licensed Cannabis Cultivation Operations

SGMD signs agreement to lease five acres of land in Northern California Company preparing required documentation to apply for approval for construction of greenhouses, processing building Sugarmade to market cannabis as both white-label and branded cannabis products; also likely be distributed through BudCars Cannabis Delivery Service Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has signed an agreement to lease five acres of land in Northern California (https://cnw.fm/u51Zk). SGMD intends to use the property, which is zoned for cannabis cultivation, to establish and operate a licensed cannabis production business capable of producing as…

WednesdayOct 07, 2020 11:50 am

Pac Roots Cannabis Corp. (CSE: PACR) Committed to Superior Genetics, Quality of Product

PACR has strategic licensing agreement with Phenome One, which owns Canada's largest live genetic cannabis library The company’s optimized farming system distinguishes it from other cannabis operations Pac Roots Cannabis Corp.’s commitment to superior genetics involves careful selection of cultivation sites With its slogan proclaiming “the Future of Genetics,” Canadian cannabis company Pac Roots Cannabis (CSE: PACR) clearly places a top priority on producing premium-quality cannabis strains and products. In fact, while some companies may strive to be the largest cannabis grower, Pac Roots Cannabis Corp. maintains that the quality of the product is paramount. Pac Roots Cannabis Corp. achieves…

MondayOct 05, 2020 11:37 am

Sugarmade (SGMD) 8K Filing Notes Status, Potential of Upcoming LA-Based Cannabis-Delivery Locations

SGMD has filed updated Form 8K Current Report with SEC Filing includes information about issues related to company’s status, including planned expansion of BudCars cannabis-delivery service Sugarmade sees “major business opportunities out of both sites once operations begin” Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has released the publication of a Form 8K Current Report filing with the United States Securities and Exchange Commission (“SEC”) (https://cnw.fm/DbFD5). The filing includes specific information about several issues related to the company’s performance and outlook, including planned expansion of the BudCars cannabis delivery service. According to…

News and publishing service for hemp related companies

Contact us: 303.498.7722

Month: October 2020