November 2020 - HempWire

MondayNov 30, 2020 2:09 pm

Amid Pandemic’s Battering on Hemp / CBD Markets, HempFusion Wellness Inc. Sees Brighter Future

Denver-based HempFusion Wellness, Inc. has developed 46 products and 8 OTC FDA listed topicals that draw on the versatile compounds in hemp for promoting effective sleep, stress reduction, pain relief, skin care and “smooth energy” pick-me-ups Despite a downturn in the hemp and CBD product industries brought on by the worldwide COVID-19 pandemic, HempFusion is anticipating a market rebound amid positive developments in legal, political and medical research arenas Market analysts at Brightfield Group anticipate improvement in the CBD sector to $12.4 billion by 2023 and $16.8 billion by 2025 HempFusion has filed a preliminary prospectus for a planned initial…

WednesdayNov 25, 2020 11:30 am

Pure Extracts Technologies Corp. (CSE: PULL) Strengthens Oil Extraction Business, Ventures into Functional Mushroom Space

Pure Extracts carried out its initial oil extraction, distillation trials in early November, plans to commence extraction tolling services in December Once Sales License is obtained from Health Canada, the Company plans to begin marketing its own ‘Pure Pulls’ branded cannabis derived product range Pure Extracts will simultaneously seek to market Company’s white-labelling prowess, offering oil extraction capabilities to Licensed Producers currently operating in cannabis space Company also announced its interest in joining functional mushroom sector, with its first products set to be launched in 1Q2021 Separately, Pure Extracts named Dwight Duncan to its Board of Directors Pure Extracts Technologies…

ThursdayNov 19, 2020 12:07 pm

The Alkaline Water Company’s (NASDAQ: WTER) (CSE: WTER) A88CBD Product Line Perfectly Positioned for Growth in C-Store Space

Sales of CBD products through convenience, gas stores grew by 2,276% in 2019. CBD drinks, valued at $52 million in c-store sales in 2019, are highly popular among new consumers. WTER offers A88CBD(TM) product line including beverages and lab-tested, hemp extract gummies, capsules, salves, balms, lotions and more. As the use of cannabidiol (“CBD”) becomes more mainstream, convenience stores are in an ideal position to benefit from the product’s rapid growth, according to a recent CBD Retail Trends article (https://cnw.fm/j0fIO). That’s good news for The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a company with a robust CBD-infused beverage line and a…

WednesdayNov 18, 2020 12:03 pm

Pure Extracts Technologies Corp. (CSE: PULL) Now Trading on the Canadian Securities Exchange Under “PULL” Symbol

Pure Extracts trading on CSE under “PULL” symbol Pure Extracts cannabis and hemp industry verticals include toll processing, white labeling and developing its own private label of cannabis products Pure Extracts is entering the functional mushroom market Company’s CO2 extraction facility complies with European Union GMP standards - intends to seek EU GMP certification for exports to Europe Pure Extracts Technologies (CSE: PULL), a plant-based extraction company focused on the cannabis, hemp, and functional mushroom sectors, recently announced that the Company’s stock is now trading on the Canadian Securities Exchange (“CSE”) under the symbol “PULL”. “Our trading debut on the…

MondayNov 16, 2020 3:28 pm

HempFusion Wellness Builds Reputation for Safety in the Global CBD Market, Aims to IPO on TSX Exchange

HempFusion Wellness, Inc. is a health and wellness company developing the power of whole-food hemp nutrition through more than 40 products currently on store shelves The company is focused on industry safety and quality standards through regulatory compliance, and is currently participating in a real world consumer study to establish the safety of daily cannabidiol (“CBD”) use in regard to liver function HempFusion has filed a preliminary prospectus for a planned initial public offering of its stock in Canada and a listing on the Toronto Stock Exchange Despite a reduction in hemp farm acreage this year following last year’s glut,…

ThursdayNov 12, 2020 2:37 pm

Gage Cannabis Prepares to Capitalize on Stunning Growth Within Michigan’s Cannabis Industry

Gage Cannabis, vertically integrated cannabis operator, has stated goals to become fastest-growing cannabis brand in state of Michigan Michigan’s cannabis industry has benefitted from strong growth momentum ever since state passed motion to legalize cannabis for adult recreational use in 2018; sector now valued at estimated $3 billion per annum at maturity Gage Cannabis currently has five retail locations across Michigan along with three wholly-owned cultivation centers all fully operational Company posted $13.1 million in 3Q2020 sales (unaudited), a 129% increase from its 1Q2020 figure of $5.8 million On December 4, 2018, Michigan officially became the 10th state in the…

MondayNov 09, 2020 4:07 pm

HempFusion Wellness Inc. Is ‘One to Watch’

HempFusion’s current product offerings, already available in stores, include tinctures, capsules, OTC topicals, edibles, probiotics and a doctor/practitioner line The company abides by all FDA regulations for its full line of products. It is one of few companies marketing FDA Drug Listed Topicals HempFusion is currently one of 12 CBD companies conducting a study addressing FDA concerns regarding CBD products and human safety The significant time and capital invested in HempFusion’s compliance provide the company with a competitive advantage in the expanding CBD market The CBD sector is projected to reach $16.8 billion by 2025 The company has the second-largest…

News and publishing service for hemp related companies

Contact us: 303.498.7722

Month: November 2020